So you want to quit your job? However, you have worked the numbers and you see that your business isn’t ready yet to support you full time.
However, you want to build your business.
The problem is, you have a full time job that you need to work to pay the bills.
I can relate.
That’s exactly where I am right now.
Now grant it, I actually enjoy my job. Especially now that I’m working from home.
My days fly by. I get my work done. I’m very productive.
However, in an ideal perfect world, I would certainly rather be working for myself than working at a job.
However, my business isn’t at the point where it can support my family full time.
So what’s the solution?
The solution is to work your job full time and work your business around your job.
One of the problems that I see a lot of people have is they have very unrealistic expectations around what it takes to build a successful business.
It takes a lot of work!
Especially if you want to build something substantial that’s going to last.
With that said, it’s also very doable.
If you are realistic and go into it with reasonable expectations.
So how do you work your job while working your business?
The first step is you need to look at your job and figure out how much of you is required to do your job effectively without cheating your employer.
The answer is really going to vary depending on what kind of job you have.
I use to work as a personal chauffeur for wealthy clients driving them around in their own personal vehicles.
If you have a job like that, you are going to have a tremendous amount of downtime.
You go to the client’s house. You wait for them to be ready to leave.
You drive them to pick up whoever else they want to pick up.
You drive them to their destination and drop them off.
Then you sit around and wait until it’s time for them to go to their next location.
That could be 20 minutes.
That could be a hour.
That could be four or five hours.
In a job like that, you have a LOT of time that you can spend working on your business without cheating your employer.
So if your job has a lot of time like that where you’re on the clock, leverage that time to build your business!
That’s not the time to be binge watching Netflix, Hulu or HBO Max.
That’s time you should be working on your business.
Next, you may have a job where you can only do certain things while working.
For instance, if you have a job where you are working on the computer all day and your day is filled with something to do, you can’t really work your job and work your business without cheating your employer.
However, maybe there are some things you can still do while not as productive as the actual work, it is still progress.
For instance, if you’re in a business like network marketing or internet marketing, those businesses tend to require you to have to watch a lot of video and/or listen to audio.
So, once again, instead of listening to your favorite songs while working or watching Netflix…
Listen to your business audios or watch your business videos while working.
Finally, on the other end of the spectrum, you have jobs where you can’t do anything at all but work.
Maybe you work in a call center and the calls come in non stop.
For a position like that, you can’t do anything but do the job.
So that’s what you need to do. Do your job.
However, you get breaks. You get a lunch.
Use your breaks and your lunch to build your business.
If you’re currently not working from home, your commute is another opportunity you have to work.
If you take public transportation, you can work during your entire commute!
The same goes for if you are car pooling and it’s not your day to drive.
However, if you drive to work?
Maybe you can, maybe you cannot.
If your business requires a computer, you certainly cannot work and drive safely.
However, if your business requires a phone, you certainly can make phone calls with your phone hooked up to a bluetooth device and work your business.
Finally, you have the hours after your work to build your business.
Now some people say you should spend all your time after hours building your business.
That could work if you are single with no children.
However, if you have a spouse, I don’t recommend that.
If you have children, I don’t recommend that.
Make sure you dedicate at least some time with your spouse and/or your children.
Otherwise, even if you successfully make enough money to quit your job, by the time you do, your spouse is ready to leave you.
Or your kids are completely out of control making life altering negative decisions.
However, after you give them some time? That’s when you go to work and go hard working your business.
So let’s say you have one of those jobs where you cannot do anything for your business. Let’s say you work 9am to 5pm, Monday through Friday.
You wake up somewhere between 6am to 7am depending on how long it takes for you to get ready. You leave for work at 8am.
When you get to work, you probably have at least two 15 minute breaks and one 30 minute lunch. So that’s at least 1 hour at work that you have where you can work your business.
Some of you get 45 minutes and some of you lucky people get 60 minutes for lunch.
Let’s say you have a 60 minute commute so you get home at 6pm.
If you’re single, you should be working your business from 6pm until at least 10pm.
That’s 4 hours a night, 5 days a week. That’s 20 hours a week in your business.
That’s half the time you are spending on your job. 20 hours a week should be more than enough to build something part time that can eventually grow to replace your income someday.
That’s not even including any time you work on the weekends.
That’s also not including any time you can work your business on your commute, at work or on your breaks.
If you are married with children, then I would say spend 6pm to 9pm with your family. Then you should be working from 9pm to 11pm. Maybe 12am if you’re one of those people who can get up at 7am to be ready by 8am.
You can work even later if you’re one of those people who don’t need 7-8 hours of sleep.
Now don’t try to act like you are if you aren’t.
Here’s how you can tell if you are.
If you go to sleep and you don’t set an alarm clock, how much time do you sleep until on average?
That’s the REAL amount of time you need to sleep.
However, if you can only do 9pm to 11pm, that’s still 2 hours a day, 5 days a week.
That still works out to 10 hours a week to build your business.
And once again, that’s not including weekends.
Finally, the last thing you want to do is look to leverage others to help you build your business as soon as you can.
If you have kids old enough that can do some tasks for you, put them to work.
Pay them a salary and write it off on your taxes if that’s legal in your tax jurisdiction (Note – I am not giving tax advice, seek the advice of a qualified tax professional who knows the laws in your specific tax juristiction.)
Or you can hire other people to help you build your business.
For instance, if I wanted to.
I could hire someone to write this blog post for me.
Then all I would have to do is read it and post it.
So now, I’ve taken something that takes me a hour to do and cut my personal time involved into 15 minutes.
Now I personally don’t do that because I enjoy doing this.
However, you better believe there’s other things I hire people to do for me.
One of the big keys to entrepreneurship especially when working your business part time is learning how to convert your money into more time for your business.
So that’s what you do.
And you keep doing it.
Over and over again every day you work your business.
You just continue to do this until your business is producing enough in profit to replace whatever salary you need to support yourself.
If you need a break?
Take a break just like you would on your job.
Take a vacation and don’t work if you need to do that.
I’m not a fan of this overall hustle culture where you’re told to work, work, work, work work.
It’s ok to take some time off.
However, you also need to be realistic about time frames.
Don’t get on a coaching call with me talking about…
I tried working my business and it didn’t work!
Well how long have you been working it?
I’ve been working it hard for 30 days straight.
Just kidding, I wouldn’t hang up on you.
However, I would tell you that you’re being very unrealistic with your expectations.
By the way, feel free to let me buy you your first coaching session with me. If you haven’t been coached by me before, you can do so on me by going to https://coach.the10talents.com and book a session.
The first one is on me! My gift to you for checking out this blog.
Don’t believe all of these testimonials that you see online and at these network marketing business meetings where they are like…
I worked my business and in the first 30 days I made $10,000.
That’s like one out of every 10,000 people if not more.
And if you really dig into the story of that one person.
9 times out of 10 this was not somebody brand new to entrepreneurship.
Maybe they had a huge social media following of tens of thousands of people following them.
Or a huge email list of 10,000 subscribers.
Or they had a network marketing downline from an old company that they brought over to the new company.
Or they were a sales person with hundreds of contacts.
Or they were a Pastor or leader in the community.
There’s almost ALWAYS a story behind the story.
So you’re not going to do this for 30 days and quit.
Unless you really hate it.
Then I would suggest that you quit actually and try something else.
Too many people do things they hate for too long just to make money.
There’s so many ways to make money, especially now.
If you hate what you’re doing it’s perfectly ok to quit and try something else.
However, if you like doing it, I want you to keep doing it.
You are going to do this for 3 to 5 years.
Then, after that you are going to evaluate it.
Are you making enough money to quit your job?
If so, then you quit.
If not, are you at least making some money and is it growing?
If so, keep going.
However, if you’re not making any money after 3 to 5 years, it’s time to reevaluate.
Are you really doing the work?
Or are you just playing pretend entrepreneur?
If you are doing the work you may need to hire an expert to help you evaluate.
I do this all the time.
One of my coaches told me to do a podcast episode every day for a year before I evaluate it.
So that’s what I’m doing.
If what you’re doing isn’t working sometimes, the problem is you just aren’t doing it right.
Or you might not be doing enough of the right things.
So get somebody who knows what they are doing to take another look for you.
However, if you’re doing all the right things and it’s still not working.
Then you might want to consider doing something else.
Maybe this just isn’t your cup of tea.
Or maybe, you might be better as a part of a team in a business than on your own in a business.
So that’s the formula for working a business while working a job.
Does this formula work?
It sure does.
I have a number of friends, acquaintances and clients and this is exactly how they build their business and eventually went full time.
One of them was making as much as $250,000 a year PART TIME before they quit their job and went into business full time.
In my opinion that’s the best way to do it.
Now you can do it the other way and just quit and go for it.
I do know people who had success doing that too.
However, I know a lot more (myself included) who did it that way and ruined their lives.
Also most of them who did it that way suffered a lot during that process.
I did share yesterday some things you can do to mitigate some of that risk if you do go that route.
I will also be sharing in the future some more ways to mitigate some of that risk.
However, if you want the safest, least stressful, least likely to destroy your life and your family way to do it?
It’s the way I described right here.
Roosevelt Cooper – The10Talents.com
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