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Streamlining Your Life in Order to Go Do a Startup (or Anything Else That Will Take Full Focus)

Streamlining Your Life in Order to Go Do a Startup (or Anything Else That Will Take Full Focus)

    Editor’s Note: The following is a guest post by Thursday Bram. She writes for 21times.org, a daily newsletter helping developers take the plunge into building a business.

    Pick up the dry cleaning. Wash the dishes. Paint the house. Every day, there’s something else that needs to be done. It can seem like there’s never enough time to get everything done on your list.

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    If you’re planning to found a startup, though, time is the most important asset you have — you need as many hours as you can invest in coding, marketing and all the other details of operating a new business. The same is true, by the way, of most big projects you can think of in your life. You can’t be running around, worried on whether your day-to-day chores are getting done. You’ve got to streamline your life.

    How Far Can You Afford to Go?

    We have this stereotype of startup founders as a couple of guys coding in a garage at all hours of the day. It’s rare that we think about startup founders with kids, active social lives or even owning houses. There’s some truth to the stereotype: in order to build a business that you can sell for $100 million or take to an IPO, you’ve got to invest something in it to create value. If all you’ve got is time, that’s what you have to put into it.

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    But how much time can you really afford to free up? If you can save up enough to live on, you can probably free up all the hours you might otherwise devote to an employer. Family, significant others and kids aren’t quite so easy to deal with, though. You may need to have some tough discussions about where you’re willing to put your time in terms of your family. I’ve had a few of those conversations myself — there are some people who just won’t understand, some who are willing to let you do whatever you think is right and others who will give you the time you need, but only with a specific deadline in mind.

    Make sure you understand the real limitations of streamlining your life before you wind up having to explain to a very irate significant other that you just didn’t budget time for him or her.

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    The Ultimate Streamlining Option

    Personally, a lot of my time goes towards taking care of specific tasks in order to achieve a certain end. For instance, I own a house. I spend time maintaining the house and the surrounding yard. I spend time improving the house as well. I have two ends in mind: first, that I have a place to live, and second, that when I sell the house, I get as much money as possible. If I’m in startup mode (how I internally think of spending all available hours on one project), having a place to live is important — but I’m honestly not going to care if I have a trimmed lawn. I’m also not going to be focused on increasing the value of my house. The most logical thing I can do, from the point of view of operating the startup, is to sell the house.

    As long as I value the end result of the best startup I can build for any other end result that I spend time on, I can trade away the work. I can sell the house and rent an apartment that needs minimal cleaning and maintenance. I might even come out ahead with money from the sale that I can add to my savings.

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    You can’t trade away your obligations to your friends and family, but just about everything else can probably be eliminated, if you’re willing to make some dramatic changes. In some cases, you may need to spend some money to get necessary end results — you have to eat, after all, and buying food that requires minimal prep time does take some cash, whether you go with pizza or something a little healthier. But if you sell most of your belongings, you won’t need to dust ever again. That’s the extreme end of things, but to ensure that you can sink as many hours as possible into building the best project ever, you have to be fairly extreme.

    The More Realistic Version

    Honestly, most of us aren’t prepared to take a hardcore approach to freeing up time for founding a startup or doing anything else. Selling everything we own and moving into a small box to code for six months or a year is just a tough sell. But you can take some smaller steps in that direction, provided you’re thinking about a longer time frame for what you’re starting.

    • Start by clearing off everything you can manage easily. We all have junk cluttering up our day that we know we don’t need to be messing with. Block video games on your computer, stop checking celebrity gossip sites and otherwise eliminate the things you only do when you think nobody’s watching.
    • Track your time. Pay attention to where you’re spending your time. That’s the first step to finding more efficient options than you might be using now. You’ll find the big time sinks (hours you could be spending on your startup!) if you’re looking for them.
    • Make appointments with yourself and your project. Block out chunks of time whenever you can to work on your project. Don’t let anything else interfere with these appointments. Treat the time like an appointment with the most important client you’ll ever land.

    Your time is the most important asset you can invest in your startup. Even if you can’t sink every single hour of your day into it, you need to invest as much time as you physically can.

    (Photo credit: Deadlines and Schedules of Events and Important Dates… via Shutterstock)

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    Last Updated on October 16, 2018

    How to Quit Your Job That You Hate and Start Doing What You Love

    How to Quit Your Job That You Hate and Start Doing What You Love

    Everyone of us has a plan in our head that was taken over by family responsibilities, social pressure or sheep mentality. This made us a slave to instant gratification and started killing our plan and dreams.

    There is a way to revive your plans and dreams and live a happier life. No amount of salary can exceed your desire to do something that you are really passionate about.

    If you hate your job and have thought about leaving your job, here’s how to quit your job and start doing what you love:

    1. Identify if you really want to quit to follow your passion

    There could be many possible reasons to figure out why you are discouraged to go to work and start thinking about how to quitting your job. Figure out the reasons or signs that make you feel that you should really quit your job.

    If these reasons are not related to your office environment or your ultimate goal is to pay your bills from your job, you should consider getting a new job in the same field. It’s better to be an experienced receptionist than to live a dream that is not yours.

    2. Start with the side hustle and keep it going

    Work after you get back home and build up your product or service enough to gain confidence to quit your job.

    Build the website, write down the business plan, design your product, make marketing collaterals or do whatever it takes for you to start working full time on your new venture before quitting your current job.

    You could also consider part-time working opportunities if your current job sucks a lot of your energy. This way you could save your energy and dedicate more time to your side hustle.

    Ensure that you don’t quit until your new venture really demands your full time dedication. You might lose interest in your new venture if you fall short of survival money.

    3. Save enough to pay your bills

    If you need to pursue your passion, you need your monthly bills to be taken care of, without any worries. You must cut down on unnecessary expenses and squeeze in those extra bucks on your savings while you are at your current job. You should forget those weekend parties and social outings unless they’re meant for networking.

    It makes no sense to quit your job without having any savings. Your new venture will not start paying you immediately. Starting a recurring deposit account is a good idea to start off with. Put aside a considerable amount every month as soon as you get your paycheque and forget about that money until you quit your job.

    4. Write down your goals

    It is important to have visual proof and a daily reminder of why you quit your job and started a new hustle.

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    Write down your goals and read them at least once a week. If you are a forgetful person, create cell phone or desktop wallpapers of your goals and set them until you achieve them. Visual proof keeps you on track.

    These goals are the bigger picture of what you wish to achieve in your pursuit to doing what you love.

    For example, if you are wish to design the best dresses in the whole state, write it down. If you wish to fly to Mars, write it down. If you really wish to give up your career for something, it better be worth remembering everyday. Show it to yourself daily.

    5. Make a plan

    Write down a plan of action for the next 12 months. It’s like writing down an elaborate execution plan in your calendar. This could be a daily, weekly or monthly to-do list of your tasks to achieve your goals.

    Learn how to make a plan if that’s not your area of expertise. Ensure that you know what you’re going to do next and not run like a headless chicken after two months of working for yourself.

    Review the plan time and again to track your progress. This will give you a clear picture of your performance and your shortcomings.

    Also, have a backup plan. Even great planners and strategists fail before achieving success. Ensure that you have a second plan if your first one does not work out as you predicted.

    6. Get professional advice

    Talk to experienced people in the field you want to venture out. Go to networking events and connect with people in your industry. Most people will help you out with good advice and good contacts.

    Get professional courses in part time colleges. It could be great to network and the teachers can be of great help to understand more about the industry. They will help you analyse your plan and connect you to influential people.

    7. Prepare yourself to put a resignation

    Prepare yourself mentally to quit your job after you’ve realized the potential and prepared yourself to take a deep dive into your new profession.

    Leave on a friendly note. Don’t make enemies with your bosses. These connections could help you further in your profession.

    Don’t burn the bridges. It’s better to have a face-to-face conversation with your boss or reporting manager than sending a surprise mail.

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    Tell them sincerely about your new venture and why it is important for you. Serve the notice period completely and work till the last day. Complete all your tasks as you would on a regular day. This will maintain your respect and keep your relationships intact.

    8. Be prepared to get your hands dirty

    As an entrepreneur, you have to do everything that’s needed to keep your work going.

    You have to perform all the tasks needed to keep your new venture going. You have to be a janitor, an administrator, an accountant, a designer or a salesperson all at once.

    There would be a point of time where you will have to perform tasks that aren’t your favourite. Be ready to perform such tasks without cringing.

    9. Have no baggage

    Don’t have a debt! Clear all your loans, debts and pending commitments before starting off. You want to fully concentrate on your new activity and not be bent down by loading your shoulders with any burden.

    You would want to enjoy your freedom to work incessantly. No distractions whatsoever are allowed to come close to you when you are fully involved in the rhythm of development. Shun away materialism!

    10. Don’t be in two minds

    It’s good to analyze the best and the worst possibilities in your head, but it’s not at all good to doubt yourself.

    Move ahead with confidence. It’s your life, your plan and your rules. Nothing and nobody can stop you from doing what you wish to do.

    The more you start getting noticed, the more people will point fingers at you. Don’t let them affect you and create doubts in your head. As William Shakespeare said,

    “Our doubts are traitors, and make us lose the good we oft might win, by fearing to attempt.”

    11. Learn to handle failure

    You are going to be a loser and it’s a good thing! If you fail and lose, you will learn to not repeat your mistakes and make yourself stronger with every punch you throw out.

    It takes time till you start losing. The key is to not be demotivated by failure. The more the failure, the more closer you are to success.

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    12. Try your hands at investing in stock market or cryptocurrency

    It’s a good way to keep your side income rolling in. While you are busy building your dream project, you could invest your money in the stock market or cryptocurrency and let it grow while you sleep.

    As Warren Buffet famously quoted,

    “If you don’t find a way to make money while you sleep, you will work until you die.”

    Find a good stock broker who has enough experience to not lose your money. Stop immediately if you are losing a lot of money. Don’t burn away your money.

    13. Keep a healthy routine

    It’s easy to forget about your health when you are working on something that you’re really passionate about. Set reminders about your health routine.

    Exercise! Most successful people start their day early and take time out to exercise at least thrice a week. It helps you give more energy and time to your work.

    Always remember that you started your new venture to be happier. Bad health will not let you enjoy your success.

    Join yoga classes or learn meditation from youtube. Avoid sitting too long at one place for more than 15 minutes at a stretch, take breaks. take a walk, especially up-down the staircase as much as you can to skip age related joint pains and muscle atrophies.[1]

    14. Enjoy your days off

    Taking a break helps your creativity and clears your mind from clutter. You need your days off to come back afresh and take on your tasks. You can’t be working 24/7.

    Remember that being able to take your days off is one of the beneficial quirks of an entrepreneurial journey. You can have a routine designed by yourself, for yourself.

    Take your days off when you are too stressed and can’t think straight. Self-discipline might sound simple but practice takes ages. Schedule down time for yourself.

    15. Take these steps to quit your job without burning bridges

    Resume.io has this infographic about the steps you should take after you’ve decided to quit your job:[2]

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      16. Remember why you quit your job

      Lastly, remember why you quit your job and started doing what you love. There would be bad days that will make you regret your decision, but don’t let them dominate the reason why you took the plunge.

      Your soul wasn’t happy with what you were doing. Your new venture is what you always wanted to do.

      Never forget that.

      If nothing works out, you could still go back to any job you want, but at least, you’d be spared from regrets and constantly arriving “What if?” question in your head.

      So, start now and live without any regrets.

      Execution matters more than thought. Turn your dream into a reality starting today. Start small and grow big.

      Besides, it’s never too late to do what you want to do. Here’s the proof:

      How to Start Over and Reboot Your Life When It Seems Too Late

      Featured photo credit: Pexels via pexels.com

      Reference

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