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17 Steps To Start Your Own Business Even If You’re Working Full Time

17 Steps To Start Your Own Business Even If You’re Working Full Time

Don’t let a 40 hour week working life put your dreams on hold – every spare hour is an opportunity to get your own business up and running. Starting up a company whilst being employed eliminates a lot of pressure, and removes risk.

Follow these steps and begin your journey to being boss of your own successful business.

1. Establish your passion

Has a business idea been brewing inside you for a while now? Buy a new notebook and write it down. Voila! You’ve just made the first step in making this idea become a reality.

2. Set your mission

Establishing your vision is a simple next step, it gives your business focus. Writing a mission statement is about your planned impact on your customers and society; whilst establishing your vision is about where your business is going. Both are integral to starting your own business.

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3. Evaluate your lifestyle

Next, assess when you can work on your own business. Note down your working hours and any other commitments you may have – kids and family time, hobbies you just can’t live without, and it will soon become clear where there are gaps for your new business working hours will fit.

4. Embrace the digital age

Mobile technology makes working on the go a breeze. Utilize that dead time on the bus to work, or that lunch hour normally spent at your desk watching YouTube videos! That said, do not be tempted to disrespect your current employer by working on your new business during paid hours – remember this job is paying your bills.

5. Make cuts

Cutting 3 hours of evening television down to 1 may sound scary at first, but just like anything in life, it will just become habit. Would you rather watch that episode of Breaking Bad for the fifth time, or work on making your business dream a reality?

6. Do what you love

Okay, so we know that’s very cliché, but if you truly are following your passion, your new business adventure won’t feel like work at all, and making the aforementioned cuts will be easy.

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7. Consider a friend

Just like having a gym-buddy to motivate you and keep you on track, inviting a friend along at this start-up stage could not only offer much needed encouragement and ensure you’re committed, but could even bring new ideas and skills to the table. Definitely one to consider.

8. Know how

You’ve set out the ‘What’, the ‘When’, the ‘Why’, and the ‘Who’; now to establish the ‘How’. This should include immediate next steps, mid-term goals and long term plans. Write it all out, and add as much detail as possible. This will make a great guide to come back to.

9. Set realistic goals

When setting targets for your business it pays to remember you are doing this alongside your current role. Your goals should be achievable as long as you are aware they’re going to take longer than if you were working on your business full time.

10. Play on your skills

Start with an advantage – your own experience, your skills and your passion are your advantage. If marketing is second nature to you, be sure to utilize your talents. Reflect on the expertise gained in your current role which could be invaluable too.

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11. Do your research

When playing on your skills, be sure not to be over confident and make assumptions which could later turn out to be costly mistakes. Always research your new business’ field, industry challenges, current trends and best practices.

12. Work on your weaknesses

Even if you consider yourself a Jack-of-all-trades, you will have a weaker area. Consider taking an evening course to learn a new skill, or just brush up on existing skills.

13. Measure & Monitor

You’re working away at your business, you’ve mastered being on top of the accounts, and maybe even achieved some of your initial goals. But don’t carry on blind. Gain insight into your business with statistics, and use the data to assess strategic performance. This will help you define next steps.

14. Use your annual leave

So you’ve set the ball rolling with evenings and weekends spent getting your business off the ground. Now consider dedicating some extra days to give your business venture a push. Use a day or two of annual leave from your current job each month to really work on achieving a goal for your new business. Establishing an achievable target ahead of the day off will ensure you don’t just treat it as a day of holiday!

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15. Stay inspired by others

You are not the first to start up a business while working full time and juggling other commitments, and you won’t be the last. Read up on what others are doing, and learn from their mistakes.

16. Take the plunge

They say when you know, you know. There will come a time when you take that daunting first step and cut the ties of employment. Be savvy and risk-adverse – be sure you have a fall back plan and savings in place. Make sure you have a plan in place for not only the first few weeks of taking your business full time, but also the months that follow.

17. Keep the momentum going

You’ve done so well to get to a point where you can quit your day job. Starting a business whilst working full-time is no mean feat and you’re on the way to becoming the entrepreneur you’ve always dreamed of! Be sure not to drop the ball, keep the momentum going and work hard. You are a success!

Featured photo credit: David Mulder via flickr.com

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Last Updated on February 15, 2019

How to Achieve Goals and Increase Your Chance of Success

How to Achieve Goals and Increase Your Chance of Success

Does it ever feel like the things you want to accomplish always end up on the back burner? If the answer to that question is “yes,” you’re not alone. Only about 33% of people consistently work toward their goals. In some cases, their goals may seem too lofty to accomplish, or else they aren’t sure how to make a plan for them.

If you don’t come up with concrete steps to take toward your goals, they’ll remain dreams. There’s nothing wrong with being a dreamer, but being able to turn your dreams into goals you can realize will help you lead a happier and more fulfilling life.

Luckily, you can realize almost any dream when you harness the right goal-setting methods.

In this article, I’ll show you how to achieve goals and get closer you success.

1. Break your dreams down into specific and measurable steps

We couldn’t talk about goal-setting without mentioning SMART goals.

SMART goals are specific, measurable, assignable, realistic, and time-related.

Specific and measurable steps are so important because if we don’t know what our target it, how can we ever hit it?

Take all those beautiful dreams you have for yourself and make them into things you can actually do. If you want to be an entrepreneur, for example, a step toward realizing your dream might be researching what you’ll need to start your business.

Find out more tips about utilizing SMART goals here:

How to Use SMART Goal to Become Highly Successful in Life

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2. Have at least one clearly defined goal for every interest and role in your life

It’s so easy to become complacent or stagnate. We often think that our careers are the only places where we need to set goals, but we aren’t only what we do.

To make the most of your life, take the approach that you’re always learning and growing in everything you do. Anything worth doing is worth doing well after all.

Set goals whether you’re sponsoring an activity for your child, taking up guitar lessons or trying to prove your worth at work.

You’ll notice that this approach forces you to constantly develop new skills. It can also be fulfilling to put more focus and value into all areas of your life— not just the ones related to our careers.

3. Align your goals with your life’s mission, purpose and passion

Take the opportunity to do some soul-searching. What is it that you want to do with this precious life of yours?

Anything that conflicts with your life’s purpose is bound to cause discontent. Staying in a bad relationship, doing a job that goes against your values, or maintaining the status quo just because it’s comfortable are not options for you.

Thinking about your goals in this way can help you eliminate things in your life that don’t serve you. This frees up mental space that you can use to do the things you care about the most.

Many of us struggle to find the time to work on our goals, but this strategy enables you to make more time.

4. Create goals that ignite your spirit and inspire you to take action

If you can’t be fired up about your goals from the start, they might not be good goals for you.

The road to success is often tough. You’re going to have times when you might feel tired or discouraged.

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You need to feel inspired enough that you’ll be able to overcome obstacles as you encounter them.

If what you’re doing motivates you to be the greatest version of yourself, you’ll be much more resilient.

5. Write down all your goals in specific, measurable detail

This is your road map for what success will look like. The more you define what you want the finished product to be, the greater the chance that you’ll reach that vision.

When you write down your goals, you’re creating a document that you can revisit to make sure you’re on track.

When you’re in the middle of trying to achieve a big goal, it can be hard to see what’s working for you. The things you write in this step will help you stay on-message as you take your goals out of your mind and into the real world.

Don’t just write down your goals and stash them away in a folder somewhere. Take the extra step to put them somewhere where you’ll see them.[1]

If you have too many goals to post on your desk, write a summary or choose one or two steps to work on for the day. Just seeing them will keep them in the front of your mind.

6. Commit to hitting each of your targets without exception

You wouldn’t have created the target if you didn’t think it was necessary. Hold yourself accountable for taking the steps to succeed.

You can always adapt your strategy or break your targets into smaller steps if you find that they aren’t attainable as you originally wrote them.

Hitting even the smallest target is cause for a celebration. It’s a step in the positive direction. Your success will make you crave more success.

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We often make excuses when we get tired or overwhelmed. Take away the option to make excuses. You will only be satisfied with the best effort from yourself.

7. Share your goals with others to motivate each other

There’s something so powerful about people sharing their goals and dreams with one another. Doing so gives voice to some part of us that could remain hidden (and therefore never be accomplished).

When other people know about your goals, they can cheer you on and hold you accountable. When people share their vision with you, you can do the same for them.

This strategy is particularly beneficial when you’re trying to develop healthy habits. Post about your workout on social media, or do a healthy eating challenge with your best friend. You’ll be less likely to slack when temptation arises, and you’ll probably encourage someone else to reach for their goals too.

8. Set a series of daily, weekly and long-term goals, complete with starting times and deadlines

Many goals never reach realization simply because the goal-setter doesn’t check their progress. People tend to forget what they set out to do, or their goal gets crowded out by other obligations.

Forcing yourself to revisit your goals at regular intervals breaks them into smaller steps and it reminds you to think about them.

Giving yourself regular deadlines for smaller tasks related to your goals also helps you reflect on your strategy. You’ll figure out what works for you, whether your timeline is realistic, and whether or not you need additional help to stay on track.

In addition, celebrating small wins helps you stay motivated. Here’s how:

How To Celebrate Small Wins To Achieve Big Goals

9. Take 10 minutes every day to imagine how great it will feel to achieve your goals

Visualization is such a powerful tool. Some of the most successful athletes, celebrities and business people take time each day to think about how success looks and feels for them.[2] Imagining that feeling of satisfaction can be a great motivator.

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When you do meet your goals, take some time to be grateful. Thank yourself for showing up and doing the work. Be grateful when the stars align properly to help you advance to the next step.

It’s not just getting to the destination of your goals that matters. How you take the journey is important too.

10. Take an action step toward reaching your goals every day

Your goals can easily get buried in the hustle and the bustle. Even the smallest step in the right direction is still moving you forward.

Keep chipping away at the work every day and before long, you’ll start to see those dreams come to life.

Maybe you didn’t start your business today but you designed the logo that’s going to go on your website and business cards. Doing that task well is going to help you so much in the long run.

Concrete actions day by day draw your dreams out of obscurity and into the realm of possibility.

The Bottom Line

Dreams can inspire and overwhelm us. By turning our dreams into goals that we can work toward, we increase our chances of success. Things that once seemed impossible are suddenly within reach.

It’s time to start turning your dreams into goals and your goals into realities. Change begins today.

More Resources About Setting & Achieving Goals

Featured photo credit: Andrew Neel via unsplash.com

Reference

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