Much of the business advice you find on the internet is for full-time business owners or those who only work one job. What about those who own business part-time though?
Owning a business part-time can be just as challenging as, sometimes even more challenging than working full-time at one job or being dedicated to one journey. When you’re part-time at your business, there are only so many hours in the day that you can dedicate to it.
At Global Resources LLC, we want all businesses to succeed, whether you’re full-time or part-time at it. Here are five tips for part-time business owners to help you be successful.
You’ll Give up Personal Time
There’s no easy way of putting this – be prepared to give up a lot of your free time, or some days even all of it. After you come home from your day job, you need to put in the hours for your business. Whatever is left over will likely be time to relax and sleep.
Be sure that the sacrifice is worth it. If you’re not willing or ready to give up so much, your business and your job will likely suffer from it.
Ask For Help
You can only do so much in one day. If you find that you’re never completing your to-do list, it may be time to ask for some help. Utilize your family with some of the smaller tasks. Have your kids help you organize papers and files. Using your family to help with your business will not only make them feel like they’re part of it, but it can also be used as family time.
If you cannot use family or friends, hire an assistant to help you. Make sure you can afford to pay the new staff member though.
Learn to Love Emails
If you’re not a fan of email, you better start to learn how to love them. An email will be your best form of communication when you’re a part-time business owner. The great thing about email is that you can send a message to a client or customer at any time of day. Instead of setting aside time to talk on the phone (unless it’s needed), shoot an email, and the other person will respond when they can.
The benefit of email is that you have a record of the conversation as well. If you have a client sending over instructions or vice versa, it’s best to have an email copy to keep on file.
Be Honest With Your Day Job
There is no harm in letting your day job know that you have a side gig you’re working, as long as it doesn’t interfere with your current work. When you let people know what’s going on, they may offer help, be more understanding as to why you feel the way you do some days (i.e. exhaustion), and you’ll gain more with relationships being honest.
Learn to Manage Your Time
Managing your time and schedule in everything will be essential if you’re a part-time business owner. If you don’t soon tasks will start to interfere with one another, and you’re left with a never-ending to-do list that stresses you out.
When you write out a schedule to manage your time, it helps keep you focused on the important tasks. It also shows you whether or not you have time for more, and if you need to start saying no.