Starting A Business In Your Spare Time - Working 5 to 9

Amanda Vlahakis from Truly Ace pointed out this useful document from Enterprise Nation in her blog on the Home Worker Parents network.

Starting your own 5 to 9 business is a great way of achieving a level of independence away from a regular, full-time job but there are things to watch.

You need to be pretty motivated and a self-starter to not only have a full-time job but also run your own part-time business.

Here are a few additional tips:

• Chose something you're passionate about but be wary of turning a hobby into a business, it can take some of the enjoyment out of it.

• Be aware of what you're able to achieve in the time available. Have a clear plan of what you want your business to look like and who your clients and customers are. Is this something that fits within the 5 to 9 timeframe?

• List out all the tasks you need to do and allocate them into the available time. Only pick the things that are going to make a real difference to the business.

• While you'll take longer to get where you want to be than if you were working full-time on your business, you can still make great progress if you work steadily and consistently towards your goal. Little and often.

• Get others involved in your business to spread the load. Depending on the nature of your business you might be able to delegate some of the workload so that your 5 to 9 business is still being worked on while you're working on your 9 - 5 job.

• Don't end up burning the candle at both ends - you'll just end up stressed and exhausted. Planning is key.

• Have a good support network around you - family and friends may not always be the most supportive but get them on your side. You don't necessarily need their approval, just their support.

• Network with like-minded people to create your own support network with business knowledge and skills.

Take a look at Mums In Biz and get help slotting a business into the time you have available - particularly for Mums who want to run a business and work round their family.

Start with a simple One Page Plan - email me for a free copy.