Starting an online business while still working full time – a business established while you are still working on a full-time job is more than what anyone could ever ask. It becomes even more exciting and rewarding if the business involves learning some new skill sets, earning while you learn and gradually transforming to be an entrepreneur.
It is tough these days to get a huge sum of money, be it be from savings or getting a loan from a bank to start a business. If you ever manage to get a loan you will need to quit your full-time employment, lose all benefits and job security to venture into your new business and if the business fails you remain submerged in debt and bound to lose all your assets used as collateral when acquiring the loan. As a result of such a risk starting an online business while still working full time is a winner, you do not need much investment capital, you earn while you learn and sleep soundly during the night stress-free, how good is that?
Starting an online business while working full time will mean that after knocking off from your full-time employment, feeling tired and wanting to rest, will have to sacrifice one or two hours to your online business, sitting in front of your computer in the comfort of your home and do business online. As you begin to master the techniques online business can be fully automated to run hands-free giving you more time to yourself, financial freedom and self-reliance.
Straightforward and impressive as it may sound, to succeed in life you need to overcome any challenges which may come your way and focus on the ultimate goal without losing any focus, total commitment is crucial.
Critical Steps to Starting an Online Business While Working Full-time
Sharing the dream with your loved ones
Although in an online business you can work anywhere as long as you have a computer and the internet, most of the times you will work from home. When knocking off from your full-time job, your loved ones are always waiting for you needing your attention and love. Coming home and then spending some hours on your computer might be misinterpreted wrongly as neglect and lack of care. It is, therefore, imperative that you share your online business dreams with your loved ones. Let them be aware that you do what you do for them while you also employ some time management strategies to include them in your program as well; their support will motivate and propel you to success.
Focus on one strategy at a time
There will always be a lot of online marketing strategies taught to you by your online business learning platform.It might seem overwhelming in the beginning but don’t stress, that is normal, just concentrate on learning and mastering one strategy per time. Ensure to implement what you learn as you go, stick to the 80/20 rule, that’s spending about 80% of your allocated time applying what you learn and 20% learning.
Outsourcing some activities
In the beginning, it is very crucial to ensure that you learn how to do everything yourself, after mastering the strategies you can now outsource some activities. You can find services of virtually everything you might want to outsource in your marketing campaigns on sites like www.fiverr.com for as little as five dollars.This goes a long way in giving you some bit of breather and allows you to concentrate on other strategies making you achieve more mileage, that’s speeding up the learning process.
Patience and Persistence
“Slow and steady wins the race”, when doing an online business you are dealing with people you do not know and cannot see. It unlike selling in a physical store where you can see your customers and convince them verbally, here you need to prove your authenticity, develop trust through consistency and then the results will follow.
There is no one formula to online business, entrepreneurs employ different strategies to get similar results, masterminding with other entrepreneurs through online communities helps you learn from others, achieve a lot and teach your experiences to others making you a real subject matter expert.
Watch what my Mentor says about starting an online business around your job in the video below.
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Wishing you all the best in your starting an online business while still working full-time initiatives.
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Misheck Moyo – Starting an Online Business While Working Full-time – Top