Many motivational speakers tell aspiring
entrepreneurs to grab the bull by its horns
and quit their day jobs and then start their businesses. Not Daymond John. The millionaire and serial entrepreneur, (CEO of Fubu and Shark Tank Investor) calls the all too familiar advice to quit one’s day job immediately, “garbage”. We perfectly understand that not everyone needs to quit their “9-5” to hustle. Sometimes we need the steady income from our jobs to sustain us while we plot the way for our brainchild. Here are some tips on how to start a side business while working your “9-5”
DRAW UP A BUSINESS PLAN
A very important stating point. Remember a business plan is never set in stone, changes can be made to it. However, having an original plan is important. A good place to start could be looking for samples from successful businesses in your area of interest and using that as a template to guide your own work. Do not just copy and paste! Also remember, it doesn’t hurt to ask for help or advice (or both) about things you’re not completely sure about.
BUILD YOUR SCHEDULE AROUND YOUR PEAK TIMES
Some people work best in the mornings while others are more productive at night. Study your body. If you are a night person, take power naps during your lunch period at work, try to get home early and sleep for a few hours, then wake up at midnight to work. An afternoon person, try getting to work early, working on all your assigned tasks and using the later hours to work on your side hustle. Remember “a little work ain’t never hurt nobody.”
PREPARE A WORKSTATION AT HOME
Nothing screams “Productivity!” like a neatly arranged workstation. Get a desk and a not-too-comfortable chair – you don’t want to doze off when you should be working. Cut off distractions by selecting a specially secluded room or just using headphones. Make your home office as enticing as possible, get colored stationary, a pack of letterhead paper, play some classic 90s R&B or Afrosoul or ,whatever will get you going.
GUARD YOUR GRIND
Learn to jealously guard your vision, but not completely seal it. Intricate details should be kept hidden and protected legally. Register your company, and set its framework in place. Decide how you’ll invest your profits, if you want to invest in PR in the future, your brand identity, and if you want to be the face of your business. If you prefer to be a separate entity from your business, that’s also perfectly fine.
OKAY LADIES, NOW LET’S GET INFORMATION.
Make use of the resources around you. A
wealth of knowledge and connections can
be made through coworkers and friends. It’s better to learn from others’ mistakes and plan from there. In a consumerist society like ours, it is easy to figure out who to do business by carefully discerning and filtering lessons from others’ past experiences. Don’t beat yourself up when you do make mistakes. Like Aaliyah said “If at first you don’t succeed, dust yourself off and try again”.
Picture : Uzo Aduba (Jadorefashion)