Friday 21 October 2011

To Busy for Business?

I like my job – not a lot – but I do like it.  I like the people I work with and I like the clients (well most of them).  My salary is reasonable and my hours are OK.

The trouble is, like most employed people, I am never going to get rich doing this job.  Very few employed people will ever be truly wealthy.  Some will be comfortable; most will simply “get by”.

When you are employed you basically have to trade your time for money.  Your time is limited and finite.  As long as you remain employed your income is also limited and finite.
For most people the idea of running their own business is a rather daunting thought.  The risk factor is extremely high and very few people have enough spare funds to give up the day job and start their own venture.  There are plenty of success stories from people that have mortgaged their house and ploughed their life savings into a business, but most of us can’t accept this degree of risk.
So what to do? - Start a business part time.

This is not as difficult, or as time consuming as it sounds, it’s just a question of being organised.  Finding enough hours to run a business part time is easy.

 Let’s take a look at an average week.  Most employed people are now on the 9- 5 routine with an hour for lunch and at least 2 X 15 minute coffee breaks, add in some water cooler chat, a couple of sneaky peeks at Facebook and you tube, a few checks of your personal email on your mobile phone and most of us are not actually working more than a 30 hour week.

If you set aside 60 minutes each work evening and 15 minutes each work morning and 3 X 60 minute time slots on Saturday and Sunday.   This gives you 12 hours to work on your business which is 40% of the time you spend on your day job.  If you commute by train or bus you can extend this time even further.

Why not spend some time this weekend thinking about how your business idea would work with the above model. 

Keep checking back here for more hints and tips.  Also if your business involves selling coaching, mentoring or business services please check out www.superiorseminars.co.uk and see if we can help you sell your services and products from the stage.


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