A critical issue which should be addressed early is whether to start your business work part time at home or whether you should go all out and start a full time business.
It is very common to have two full-time incomes in a household. If your spouse has a secure full-time job, evaluate your living expenses to see whether you can afford to quit your job to devote all your energies to your new business. If you can afford not to work for somebody else, you can devote yourself to creating positive cash flow in your new business as quickly as possible.
If you stay at your job while starting to work part time at home, do not compete with your employer. On the one hand make sure your employer continues to be happy; on the other hand, be as demanding of yourself in your own business as your boss is of you at your job. Remember that your business is your future. It is easy to let life get in the way of what you have to do in your business, especially if you work from home. You must have the ability to set your priorities and stick to them. On the other hand, pace yourself. You will be physically exhausted so schedule time off to fight stress.
Time Management is Critical
In either case, whether full time or part time, time management is of the essence. Change your views about time! We often get caught up in the mindset that “There just isn’t enough time in the day.” There is enough time–and it is up to you to choose how to use it! One good technique is to write a to-do list each week and each day. These are the critical things you need to do to advance your business. It’s so easy to be in “emergency mode”, constantly putting out fires. Your critical to-do list will keep you on track. Whatever is not done in a given day automatically goes to the top of the list the next day. For more ideas about time management skills, and a step-by-step guide to beating procrastination, click here.