Category: Entrepreneur

I believe everyone should have a part-time entrepreneurship mindset if they are still working a day job and aspire to do more with their life at some point.

I also believe that everyone should have a part-time side hustle, project, business (whatever you wanna call it) no matter how busy their lives are.

You should ALWAYS be building something up on the side that will eventually create more freedom down the road for you.

If you’re reading this post right now, that most likely tells me that you’re either really into Internet Marketing or are looking for ideas on how to generate an extra stream of income…awesome!

Let’s dig into why starting something up on the side and being a part-time entrepreneur (to start) is a wonderful thing.

Part-Time Entrepreneurship- Why You Should Strive For It

First I wanna make myself clear…the end goal is always to be a full-time entrepreneur, however I realize that there are many people who read this blog that still work full-time jobs (including myself).

This is why I recommend having the goal of being a part-time entrepreneur to start…meaning hustle your butt off on weeknights, weekends and early mornings to make your dream happen.

It’s a grind but the rewards can be priceless.

Another word of advice is to never just quit your job to focus on your side-hustle…trust me on this one.

Instead use your job as leverage.

But back to my points on part-time entrepreneurship and why you should strive for it.

1.) Creates Options

It gives you more options in life than just a paycheck…Unlike a day job, creating an income for yourself has no boundaries…You can simply make as little and as much as you want, it’s up to you.  This leads to more options and opportunity in your life.

2.) Extra Cash

Being a part-time entrepreneur (once you start seeing results) can generate some much needed extra cash.  This extra cash outside of your paycheck can truly be life-changing…Maybe it helps pay the rent, allows you to take an extra day off (or eventually quit your job), allows you to make some pleasure purchases or just gives you more flexibility in your budget…Extra money never hurts!

3.) Freedom

This kind of goes hand in hand with point #1, however it’s still worth mentioning as I think this is the main goal for many aspiring entrepreneurs.  When you no longer need to rely on a paycheck or 9-5 job because your side hustle is producing enough for you to live off of, this creates tremendous freedom…Freedom from time, punching in a clock and from much stress.

Another point I could have added to this list is that it allows you to work more towards a passion of yours instead of just doing something for a paycheck.

Hopefully, you are considering starting something up on the side or maybe you already have started something…kudos to you.

The idea here is to always be working on something, always be building and always be growing.

The possibilities are endless, especially with he power of the Internet.

The time is now to take advantage!

Have you started your side hustle yet?

Attention!

Some of you may not like to hear this, but if you are an aspiring entrepreneur and still do not have a consistent income coming in from your business…Do Not Quit Your Job!

Yes that’s right, stay put at your current job as it is providing you with the necessary income you need to invest in your business.

Even though I make a full-time income with my online businesses, I still choose to work a day job…Why?

1.) I really enjoy my current line of work as an SEO specialist.

2.) It gives me extra money to invest in my business ventures.

3.) It allows me to invest more towards my retirement.

4.) It provides me with great benefits.

5.) It gives me options and flexibility, allowing me to take more educated risks.

Even though freedom is a major goal for many entrepreneurs, it’s important that you do not quit your job too prematurely.

Jobs Can Open Up Many Entrepreneurial Opportunities

Similar to some of the points I noted above, the right job can provide you with the skills you need to start up a business, or supplement your current business you are working on.

For example, the SEO (search engine optimization) skills I have learned at my current place of work will be a great resource I can utilize in my entrepreneurial endeavors going forward.

Believe it or not (even if you hate your job), every position teaches you valuable skills and lessons that you can use to improve your business.

Whether that’s sales skills, people skills, technical skills, management skills…you name it, you can use it to better your business.

Which gives you a much better chance of succeeding as an entrepreneur.

Use Your Job As Leverage For The Time Being

It’s important that you shift your mindset and not look at a job as something that is holding you back.

Think of this as a temporary phase in your life and use your job as leverage for your business.

This will allow you to sock away more money for emergencies, invest more in your business and invest more in your retirements accounts etc.

When you adopt this mindset for the time being, it can be really powerful.

Now I want to make clear that of course when you are making enough consistent money from you side projects/businesses/investments you have the option to quit your job and break free.

All I’m saying is, do not rush this process as you want to make sure you are as prepared as possible before you make the self-employment leap.

Looking back, you will be happy you saved more money and can now focus more of your attention on your business.

This may be more of a conservative approach for some, but I think it is a smart strategy rather than having nothing to fall back on and especially if your business is struggling.

Be methodical and make the decision that makes sense for you.