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Tips From Successful Entrepreneurs Still Keeping Their Day Jobs

Tips From Successful Entrepreneurs Still Keeping Their Day Jobs
Are you cursing every hour between 9 and 5 just wishing you had more time to spend on your startup? No matter how ready you feel you are to start your business, keeping your day job for a while may be a good move.
You want your business to succeed, but focusing on it full-time may not be the answer you’re looking for. If you take the advice of the countless successful entrepreneurs who didn’t take the plunge into full time entrepreneurship right away, you may just be convinced that keeping your full-time gig while your business grows is the way to go. So what do these successful entrepreneurs have to teach us about growing a business while working full time? Here’s what they have to say:

1. Make sure there is a market need

If you look at why businesses tend to fail, you’ll see that the number one reason is that they create things that there is no market need for. It sounds like it should be obvious, but it’s not. It’s actually common for entrepreneurs to believe their idea is great and that it should be a success, only to find out after a huge investment and time and money, that it’s a failure. In fact, Shari Senderoff, who co-founded Career Sushi, a career marketplace that connects the world’s freshest minds with the most innovative companies, says making sure there’s a market need should be priority number 1.

2. Plan

Planning is crucial when it comes to being successful. If you start down one path and find that it’s not quite right, evolving and being able to plan the right move to make next is key. Israel Idonije not only plays for the Chicago Bears, but he also is the founder and CEO of Athlitacomics a sports hero comics line. “Launching a new endeavor while still employed full-time allows you to take your time and test the waters to gauge its potential for success. And most importantly adjust for the next play,” he shares.

3. Maximize your time

Brandon Turner, who is a real estate investor in addition to working a full time job, points out that there are still 72 hours left in the week after you subtract 40 hours for working and 56 for sleeping. Even though you may have other obligations, getting rid of time wasters will still leave you with time to work on your business.

4. Don’t let “no” stop you

Sara Blakely created Spanx – a billion dollar business – while still working her day job. She was successful because she didn’t take no for an answer. Being an entrepreneur means being rejected. But knowing when to persevere, pivot or give up on an idea is key. If everything is telling you that your idea is good and that customers will want what you are selling, don’t let the fact that other people don’t see your business vision stop you.

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5. Be willing to work

David Heinemeier Hansson worked as a consultant before starting his company 37Signals. He warns that even though many entrepreneurs dream of being an overnight success, “building something great takes a long time.”

6. Don’t seek validation

Sara Blakely also cautions against seeking validation, even from friends and family members. In fact, she didn’t tell anyone except her then roommate and boyfriend about the company she was building on the side, despite the amount of work she was putting into it. Though your friends and family may be well-meaning, they may also try to talk you out of your idea because to them it might “sound a little crazy.” But what seems crazy today might be visionary tomorrow.

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7. Focus

Steve Wozniak continued to work at HP while he co-founded Apple computer with Steve Jobs. He stresses the importance of focusing on the problems at hand and getting things done. “If you can’t figure out a way to test something and get it working, I don’t think you’re the right type of person to be an entrepreneur. Entrepreneurs have to keep adjusting … everything’s changing, everything’s dynamic, and you get this idea and you get another idea and this doesn’t work out and you have to replace it with something else. Time is always critical because somebody might beat you to the punch.”

8. Do something you’re passionate about

Leo Babauta is an extremely successful blogger who started his business while working full time. He also has six kids. His advice is to, “Make sure it’s something you’re passionate about — do it because you love it, not just to make money. If you do it for the money, you’ll eventually get tired of it and then you’ll be doing something you hate … and you can only do that for so long.”

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You don’t have to quit your day job to be successful when you start a business. These entrepreneurs succeeded because they knew that in order to make it, it would take more than just more hours. Knowing what to do – and what not to do – with those hours is what will give you the edge.

Featured photo credit: campuspartycolombia via flickr.com

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Jessica Sweet

Career Coach

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Last Updated on November 5, 2018

20 Best Places to Work for a Great Career in 2018

20 Best Places to Work for a Great Career in 2018

Looking for a job? There’s no doubt to the fact you will want to work with a company that appreciates you for who you are.

Well, good news. The labor market today is one that has peened up with more opportunities for advancement and personal employee improvement. This is partly due to the fact that a lot of companies have been made to understand the value of their biggest assets: the employees.

To wit, here’s a list of companies- across a wide array of industries- that have been able to develop working environments that are healthy and accommodating to workers.

Take a look at these 20 best place to work for a great career:

1. Salesforce, San Francisco, California,

    Salesforce is in the information technology business and the company ranks highest due to their commitment to learning and innovation. They are ready to try new things and everyone with a new idea is always welcome to share it at the company. The company has also been known to exhibit an exceptional approach to alignment.

    Find out more about careers in Salesforce

    2. Wegmans Food Markets Inc.,Rochester, New York

      Based in Rochester, New York, employees have been known to enjoy a sense of purpose from working here. The company has been able to achieve an optimal level of engagement across all working tiers and they’ve been able to achieve great things together. They even do deliveries.

      Find out more about careers in Wegmans

      3. Ultimate Software, Weston, Florida

        Employees get amazing benefits here but that’s not the only reason why this place is so awesome to work. Whenever there is a need or a death of an Ultipeep or any of other family members, the company shows love and support like no other.

        Find out more about careers in Ultimate Software

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        4.The Boston Consulting Group, Inc., Boston, Massachusetts

          Development is at the center of anything that goes on here. The business is about people and employees are the company’s biggest asset. Employees are able to challenge the status and also leave impacts on clients.

          Find out more about careers in The Boston Consulting Group

          5. Edward Jones, St. Louis, Missouri

            Edward Jones is admired for their ability to acknowledge history without being mired down by it. The company builds on a solid foundation but there is also a level of flexibility that allows for innovation.

            Find out more about careers in Edward Jones

            6. Kimpton Hotels and Restaurants, San Francisco, California

              Kimpton is a trendsetter in the hospitality industry. The company always strives to try something different and that perspective is welcomed there at all times. Enjoy the weekends with luxury rooms, conformable mattress, furnished and well dressed service staff. A great opportunity for job seekers.

              Find out more about careers in Kimpton Hotels and Restaurants

              7. Workday, Pleasanton, California

                Newbies will find no issues with feeling welcome and at home here as this has always been a core culture component of the IT giant. Everyone is treated like family and this fosters a sense of oneness.

                Find out more about careers in Workday

                8. Genentech, South San Francisco, California

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                  Here, employees are encouraged to be themselves. There is a feeling of care, safety, and acceptance that you get here that you can’t get at many firms. The development of an all-inclusive environment has always been foundational.

                  Find out more about careers in Genetech

                  9. Deloitte, New York, New York

                    Deloitte is one of the biggest professional service providers in the world, noted for their focus on constant learning, development and improvement. They invest in their employees and are concerned about their well being.

                    Find out more about careers in Deloitte

                    10. Baird, Milwaukee, Wisconsin

                      Baird is a financial services provide that is known for adopting a “no asshole policy’ which guides the way people relate with and respect each other, regardless of their position on the company’s hierarchy.

                      Find out more about careers in Baird

                      11. Quicken Loans, Detroit, Michigan

                        At Quicken Loans, the views and opinions of everyone are respected and heard. The organization is revered for the amount of investment they put in their team members and everyone looks for ways to grow and be better.

                        Find out more about careers in Quicken Loans

                        12. Capital One, Mclean, Florida

                          Capital One has adopted a culture that encourages employees to take risks and try new things. They foster a healthy work-life balance and associates are challenged to live better lives.

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                          Find out more about careers in Capital One

                          13. Cooley LLP, Palo Alto, California

                            Cooley LLP is a law firm known for their ability to care about the company culture and being able to develop a working environment that is empowering and fun. Cooley is known to go for the best when it comes to their employees, regardless of the occasion.

                            Find out more about careers in Cooley LLP

                            14. Southern Ohio Medical Center, Portsmouth, Ohio

                              The medical center has been known for their propensity to delegate so much to their employees, thereby providing them with the ability to grow and learn on the job. In the end, you get a workplace that is all-engaging and super fun.

                              Find out more about careers in Southern Ohio Medical Center

                              15. American Express, New York, New York

                                American Express is a firm that celebrates wins, no matter how small. Everyone is made to share the same attitude towards service and the people they are to serve, thereby making people care about what they do.

                                Find out more about careers in American Express

                                16. Adobe Systems Inc., San Jose, California

                                  The culture at Adobe Systems is one that encourages employees to develop their own ideas and get a strong viewpoint. As opposed to encouraging competition, work-life balance is fostered everywhere here.

                                  Find out more about careers in Adobe Systems Inc.

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                                  17. The Cheesecake Factory Inc., Calabasas, California

                                    The Cheesecake Factory rewards dedication and hard work. Promotions come pretty easy, and there is always space for guidance to develop your experience and skills.

                                    Find out more about careers in The Cheesecake Factory Inc.

                                    18. Sap America, Newtown Square, Pennsylvania

                                      If you’re looking for a new career path, SAP might be the best bet for you. The company is adept at recognizing value and transferable skills. And you can always look for a new path while maintaining your employment.

                                      Find out more about careers in Sap America

                                      19. NVIDIA Corporation, Santa Clara, California

                                        NVIDIA is known for looking after even the smallest of things. With even a “pets allowed” policy this company accepts you for who you are, and helps you to work within your personality. Advancement is also fostered, and you are able to collaborate effectively.

                                        Find out more about careers in NVIDIA

                                        20. KPMG LLP, New York, New York

                                          Communication and progressive collaboration are the foundation of this company’s workforce treatment. Regardless of the level you are, someone is always at the ready to help and the company rewards extra effort with gratitude.

                                          Find out more about careers in KPMG LLP

                                          All in all, it’s safe to say that you will be able to find somewhere to apply your skills (whatever they are) that is all inclusive and highly accommodative. Companies today are being made to understand how much they can get when they treat their employees right and this has opened the door to an encouraging work environment for all.

                                          Happy job hunting!

                                          Featured photo credit: Pexels via pexels.com

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