Are you tired of the daily grind at work and seeing nothing but a dead end career? If you have been in the workforce for a while, it’s not easy to change your line of work . And changing job may help for a while, but you’ll still be doing the same dreadful thing. If you are in this position, becoming a part-time entrepreneur might be just the thing for you. A new self-started enterprise could rejuvenate you and give you an eventual opportunity to leave your job with minimal risks.
By not leaving your job right away and start your side business on a part-time basis, you’ll be able enjoy several advantages:
Perhaps the most attractive part of a regular job is the steady income and the benefits — i.e., insurances, vacation days, 401k (and/or pension), tuition reimbursement, professional training, etc. You do not have to give up any of these as a part-time entrepreneur.
Since you are not solely dependent on your business income. You can afford to make a few mistakes without worrying about your cash flow too much. You could try different things, or push your ideas to the limit, knowing that your regular income will be there in case things don’t work out according to plan.
Again, having a steady income from your job allows you to go as fast or as slowly as you want. You do not have the pressure of “I’ve got to make it” on your shoulders.
Because the pressure is not there, your new enterprise may never get the attention it deserved. Part-time businesses often fall victim to other priorities, such as the job that pays the bills, and family matters.
Even the simplest endeavor takes a lot of time and resources. You could be stretched even thinner than you already are, and other aspects of you life may suffer.
Your part-time business could turn into a nice source of extra income, but never fully replace your job. This could leave you with an unsatisfactory career and a side business that never takes off.
If you are looking for more information, I highly recommend my Extra Income Guide. Moreover, here are great articles from the group writing project that inspires this article.