Things to consider before starting a part-time business. Should you even try it?

 Decide on whether to start a business part-time.

Starting a business part-time lowers the pressure on you immensely. It enables you to work on your business, while you still have a steady pay check. Just in case things don’t work out. Do you understand? Building your business part-time allows you to work along with the business through early morning hustle, evening hustle or week- end hustle; these will help you to fund your wallet with cash during the larva stage of your business.

If you are an employee, this formula is good for you when you have the approval of your boss. You can start your business as part-time and gradually make it strong and carefully drop your job as the business wax stronger.

And if you are unemployed, it can also work for you even better and easier. See why you have the spare times for side hustle, which you will use to support and develop your business you manage your time as you wish, going to hustle when you should.

The business part-time is for starters trying to raise capitals for their new business. And not those who already have viable prospects and customers

Business part-time enables you to make more rational decision on having your own business. You can shut down either your job your business if you are not ready for any one of them.

Few reasons you should consider business part-time

Activeness: you don’t have to sit down, waiting for somebody to be giving everything. It makes you look dull and shortens your personality. Mean while, having more to do per day makes you more industrious, more skilled, more courageous, more confident and perfect person.

Motivation: you can afford to make more mistakes and learn under the confidence of part-time. When you fall your side income source will wake you up. More mistakes, more knowledge.

Leverage: it gives you more time to test your ideas, if you will re-think issue you have the chance when you still have steady income source.

 Flexibility 

Flexibility in itself is wisdom, in the start-up world; people call the ability to change “Pivoting.” The point here is that you will not go into your journey with a lot of assumptions. You should follow thing as they are, and change when things change.

Relying on assumptions will destroy your business even before it emerges. Your goal now is to replace your assumption with facts.

 Away with those a wishes that might or perhaps might never come true; And embrace something that works. Change those negative-expectations that kept you romancing your awkward Comfort zone. As you arm yourself with facts, you can pivot.

 Some entrepreneurs fail, because they fight or ignore flexibility. If you will succeed, you should become a master at pivoting

 Your ability to pivot enables you to:

1) Change your target market as customers situations change

2 Change your product as consumers taste change.

3) Adjust your pricing according to the behavior of the market and the economy.

4) Change your sales and marketing as your product, customer or pricing change

The key Idea here is that there are so many possibilities in business that your business might fail if you are not ready to drive it forward according to changes in those factors that make it up.