A side business can be a great way to make money and grow your skills. It’s also important for building your network, which is essential in any job search. But starting a side business while you’re employed can seem daunting! That’s why we’ve put together this list of six ways to get started with your own small business on the side without quitting your day job.
1. Start with a niche
When starting a side business, it’s important to start with a niche. This is because narrowing your interest will help you determine the value of the product or service that you offer, which in turn will make it easier to create an effective marketing strategy. You’ll also be more likely to find customers who have specific needs because they share a common interest with you.
The more specific your niche, the easier it will be to pinpoint potential customers. Let’s say that you’re interested in starting a business with dog trainers. You could make money by offering DIY classes on how to train dogs at home or organize seminars where people can come and learn from experts. The beauty of this strategy is that you learn something while helping people solve a problem.
Determine a Target Market
Once you’ve narrowed your focus, it’s time to determine what types of customers you want to target. For example, if you’re designing pet clothes for cats and dogs, don’t just design for both equally- think about what type of pet a customer has. If you’re just starting out, it’s probably a good idea to avoid targeting people who have cats because they’re less likely to spend a lot of money on clothes for their pets.
2. Find your passion
Find your passions and work on developing those. You’ll find that if you start working on developing your talents, your business venture will be much more likely to succeed. This is because it gives you a lot of motivation to devote time and energy to it.
Finding your passion will make it much easier to work on your new business idea. If you’re passionate about what you do, you’ll be much more motivated to devote time and energy to it.
Passion is the fuel that makes success in a business possible, so if you’re looking for help with setting up and running a successful small business start by figuring out where your passions lie.
3. Plan for success
As soon as you wake up, make a list of what you will need to do that day. This should include everything from getting dressed to making breakfast and running the errands. Keeping it in front of you at all times will help keep you focused on what needs to be done.
The first thing that you need to do is figure out how much time you have available. If you are still in school, then this will be more wide open. However, if you work a full-time job, then you may not have that much free time. You need to be realistic and come up with a schedule that works for your current situation.
A good way to start making your own work schedule is by looking at what hours of the day are the most productive for you. This can vary from person to person, but most people find they have more energy earlier in the morning or later in the evening. Your schedule should take into account when you’re most energized and allow for breaks at these periods
Protecting your time from distractions is crucial to ensuring that you have the time and mental space necessary to complete your day’s tasks. One of the best ways to do this is to turn off your social media notifications or limit their timing so that your work doesn’t get distracted by other people’s lives. Also, deciding not to check email in the evenings can make it much easier to focus on deadlines and other work-related matters. You can also set specific times for checking emails and answering texts while you are working.
Email and social media have an important play in our lives, but they can also be a major distraction from our work. It’s important to check them occasionally, but constantly checking them can be a major hurdle to completing your tasks.
The way I combat this is by only checking emails and social media once or twice a day. I use my phone in the morning and evening to check emails as well as scroll through Facebook for a bit.
This limits the amount of time I spend looking at these distractions each day, which has helped me stay focused on my work!
4. Be realistic about your time and resources
If you’re starting a side business, it’s important to be realistic about how much time and resources you have. There are a million things that you want to do, but if you don’t take on any of them it’s easy to get overwhelmed by all the work.
If you start something that requires a lot of time or effort, but then realize that it’s not working out, then it can be hard to get back on track again. You need to set goals that balance what you can realistically do with your new side business.
I recommend starting off slow with one small goal at a time and gradually moving up in size and scope from there. This allows for flexibility so that if an idea doesn’t work out, you can move on and try something else without wasting too much time and energy.
5. Set goals and track progress
Setting goals and tracking progress is one of the best ways to stay motivated in a side gig. If you don’t track your progress, it can be hard to stay committed to achieving your objectives. I recommend setting specific goals for the day or week that are relevant to what you want to achieve. Then, you can look at them later and see how much of what you wanted to do was actually completed.
This will help keep you on track with your progress so that next time when you set out new goals, they’ll be that much easier for you.
6. Do what you love!
One of the best ways to stay motivated in a side gig is by doing what you love. Staying passionate about what you do will keep you motivated and engaged in your project, which will make it more likely that you’ll be successful. It can be difficult at times to continue working on a side business while still working on your full-time job, but if you work hard enough and remain focused on why your project is important, then it can be done!
One way to stay motivated is by making sure there are tangible rewards for completing a task. Whether this means being able to spend some time with family or go out with friends for the evening, rewards give an extra boost of energy that helps get things done. The reward doesn’t necessarily have to be big, as long as it makes you feel good and helps motivate you to keep working.
Taking a break from work every so often is an important way to refresh your mind and recharge your energy levels. I recommend taking at least 30 minutes out of the day for a relaxing activity or something else that just makes you feel good. This can be anything from playing with pets or watching television to spending time in nature.
Starting a side business while you’re employed can seem like an impossible task, but with some careful planning and management, it’s entirely possible. If you’re looking for ways to get started, here are 6 tips! -Pick a niche that interests you or is something you already know about-Find out what motivates YOU so that when the going gets tough, you’ll stay motivated-Do what feels good by finding things in life that make us happy and do more of those activities-Stay realistic about how much time and resources we have available to us at any given point in time-Track progress towards goals set throughout the day or week. This will help keep you on track with your progress so next time when setting out new ones they’ll be that much easier for you. Finally, the most important tip of all is: do what you love and stay passionate about it! If you’re working on a side business because you like it, then it will be that much easier to keep doing, even if there are roadblocks along the way.