And on the Side, I'm an Entrepreneur

Tips for juggling a small business in addition to your day job

March 30, 2011 RSS Feed Print
  • Comment (5)

Use scheduling tools to master time management. Being organized is essential to balancing the day job with a side gig, says Miller, the social media specialist. He launched his business in mid-2010, when an increasing number of people began turning to him for advice and guidance. "Saying you do social media is like mentioning you're a podiatrist at a senior center," he jokes. Yet once he landed paying clients, the Chicagoan realized he needed a new way to keep track of his schedule—to "beef up my calendaring," he says. He turned to Tungle.me, a Web-based calendar that syncs Outlook, Google Calendar, and several other scheduling tools.

"Since I started [the business], there hasn't been a moment of spare time," Miller says. "Whenever I'm not doing work for my day job, I'm in my Twitter account trying to make new connections, establish my brand, or writing blog posts … I'm perpetually doing something to advance that effort."

Set concrete goals. As Miller points out, you can always do "just a little more" to help your business succeed. So set goals, and take a break or celebrate once you meet them, suggests Blake, the Google employee and author. "Being clear with your goals will allow people to work on their side hustle without feeling like they have to do everything all at once."

Start small. Consider putting your toe in the water before leaping in, says Kristin Cardinale, author of The 9-to-5 Cure: Work on Your Own Terms & Reinvent Your Life. Even if your eventual goal is to turn the after-hours project into your main job, it might be smart to give yourself time to figure out whether entrepreneurship is really for you. Do you multi-task well? Do you have the right business skills? Are you good at working with people? "A lot of times I think the burnout or the negative experience comes from the fact that [entrepreneurs] just have too much on their plate," Cardinale says. If you're going to keep your job while creating another income stream, plan ahead as much as possible so you won't feel overwhelmed.

[See How Loving Your Job Helps You Succeed.]

Start pro bono to land clients. To create buzz about your products or services, consider giving them away for free initially. That approach worked for Miller. "Doing work for free outside of my existing job was a real stretch at first," he says. "But once I understood it for what it was, which was a pathway to paid [gigs], it was easier to stomach."

Harness the power of social media. Online tools like Facebook, Twitter, and LinkedIn can help you build your clientele, and they cost nothing but your time. These platforms, which can create a sort of virtual word-of-mouth, also double as advertising, helping to decrease your startup costs.

Let yourself dream. We can't all become the next Facebook or Groupon, but let those success stories motivate you. One of the reasons Tim Murphy, a 30-year-old property manager, came up with his idea for a website that tracks job and school applications was because he felt that entrepreneurial tug. "I kind of felt that entrepreneurial drive to create something and experiment," Murphy says. "[There's] that bit of the American independent business ideology that says I can strike it big if I get the right combination of factors put in place." After hiring a contractor to design and build the site, he launched ApplyMate in June.

Aim to outsource. Once you're in a groove, seek out opportunities to outsource day-to-day tasks, says Scott Gerber, founder of the newly formed Young Entrepreneur Council and author of Never Get a "Real" Job. "Look to maximize exposure and minimalize your personal time [spent on the business]," he says. He's referring to business-related tasks, but this could also apply to your personal affairs. If you're overworked or over-scheduled, it may make sense to hire someone to deal with, for example, household chores or bills.

Tags:
employment

Reader Comments Read all comments (5)

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

I run www.gitara1.com as a side gig, I get like 200$ monthly but growing!

Rajko of AL 12:01PM September 19, 2011

I started a side business as a Landscape Consultant a year before I lost my job of 20 1/2 years. Despite the fact I am a certified Master Gardener since May of 2006 and my extensive sudies in gardening I have been unable to generate little to no work after 2008. I offer garden design, gardening 101, landscape evaluations and landscape staging ( for homes for sale ). The drought, excessive heat and economy here in Texas has been a big problem. I have even reached out to many real estate professionals and local garden centers but have yet to receive any leads... I am struggling and need as much advice/guidance as I can muster while I continue my search for a full time job...

D. S. I. of TX 9:59PM August 16, 2011

I want to share my "two cents" here after reading your above article.

I do agree that it is not easy to have a side business while working full time as I am going through the challenge

for the past 8 months.

With two young children at home, I wanted to stay at home to watch them grow.But I also needed to work inorder to supplement the household income.

I jumped into having a side business and have learned alot on how to do business online.Now I am earning USD200 per day on average with approximately one hour of work. One of the most important factors contributing to my success is learning and practising the online business through the free videos found in the website. www.growingasset/dailyreflections/teachmehow

As I do not any technical knowledge, I need simple ways to learn and these simple videos have helped me alot.

Now,my target is to reach USD 500 per day on average and I will quit my full time job to stay at home and spend quality time with my kids. I am aiming to reach the target by December this year.

Who wouldn't like to earn USD500 per day with maximum 1 to 1.5hrs per day? I am looking forward to the day.

So entrepreneurs out there trying to make it, don't give up. Be positive and remember that it takes time to build up the side business.

As mentioned in the artcle, having a goal with effective time management & prioratization skills are vital to your success.

I have learned these through my 8 months of online business journey.

The world is your oyster. Opportunities are there to be seized. It is all in your positive mindset and how much effort exerted to get it.

Harris Begum

www.facebook.com/pages/Daily-Money-Machine-Sourcer/201061356611429

Harris Begum 11:40AM August 15, 2011

Jobs 2020

Who will have a thriving career, and who won't? Find out what will drive America's workforce.

Jobs in 2020 »

Jobs That May Interest You

See Jobs Near You

advertisement

Slide Shows

20 Work-Life Balance Hacks

Tips that will help you get more work done and have more time to play.

Quiz: The Hottest Healthcare Jobs This Decade

Take this quiz to learn more about the best jobs for healthcare workers.

14 Must-Have Items for Any Business Trip

Make sure to pack these essentials for your next trip.

Latest Video

advertisement