How do you work your full-time job while building a business part-time? Actually, let’s not even take it to the building stage. Instead we’ll just look at getting it launched.
I have a former student who had a great business concept. He also had some partners in this endeavor.
We met with them a couple of times. I was really impressed. These guys had done their research. They knew the market.
They had their sourcing worked out. They planned on starting an internet retail business. They were going to import all of their products.
They had scoped out their competition. They knew how they were going to niche around them.
They had divided up the work. One of the partners knew a lot about SEO. Another was taking care of marketing.
The partners were all graduating at the same time. They had planned the launch of their business around that time.
The orders were placed. Once the products arrived, they would be in business!
The fight against the real world
Then the real world came charging in like a boxer in a ring. These fine young people were immediately on their heels.
The well-timed delivery of the products didn’t happen on schedule; the products arrived late. Pow!
My student had to go to training for his “real job” – his words, not ours. Smack!
One of his partners had a baby and then switched jobs. Double whack!
Now my student’s real job is sending him out of the country. Boom! And he has some professional certification that he has to finish. Bam!
He concluded his note by saying: “Life is hard.”
The real world has a way of knocking out even the best plans.
Bigg success is life on your own terms. Time is one of the five elements of bigg success. This problem is mostly an issue with time. So here are a couple of lessons for all of us:
While timing is important, there is never a perfect time to start a business.
You can count on complications. You can expect it to be challenging.
But when you reach bigg success, you’ll realize the journey was special in part because you overcame those complications and challenges.
You can substitute money for time.
Money is another one of the five elements of bigg success. Can you raise some money so you can afford to go full-time?
If there’s more than one person involved, as is the case here, could one person drive the business while the others invest some money (along with a small amount of their time)? Or could you find an angel to put up the needed money for a share of the business?
My dad used to say, “Fifty percent of something is better than a hundred percent of nothing.” Sometimes it pays to give up something to reach bigg success!
Do you have a part-time business? How do you do it?
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(Image in today's post by Filou)