Can you start a business while working full-time? Yes. In fact, that’s the best way to start it for a few reasons.
First, you won’t be making money for a long time and need to provide for yourself. Second, the regular job will keep reminding you this is not the lifestyle you’re meant to have and that you can turn things around and actually start doing what you love and getting paid for it.
You build discipline while investing all your free time in your side hustle. That means waking up earlier and having late nights in front of the laptop. No more drinks in the weekend or spending on things that aren’t resonating with your goals. It’s all about taking the business off the ground now, and that becomes priority number one until the day you quit your day job and invest yourself in it full-time.
I’m not gonna lie to you, it’s not easy. Depending on how many other responsibilities you already have, it can cause you burnout, hopelessness, confusion, information overload, lack of social life, and more. But it’s worth living like this for a year or so, in order to live the rest of your life on your own terms.
You’re using your day job to support your bills, while building your digital empire.
But how do we start a business?
That begins by defining your ideal lifestyle and what you should be doing with your time that will potentially be monetized.
Set aside some time today to describe how you want to live some time from now. Write down anything you aren’t happy with right now. Share ideas on how it can be improved.
In a nutshell, create your vision statement.
Then, find your true calling by answering these questions.
It’s important to care about your market, to know what people in it struggle with, to have love for the craft and a bit of talent too.
The world might then try to take that away from you. Friends and family won’t necessarily support you, and your journey won’t be smooth. That’s why you need to also protect your newly found passion, to make time for it daily, to stay focused and on the right track. To wake up with it in mind daily and think of ways to use it to contribute to the world in ways that haven’t been done before.
You should be solving problems with your work. Validate your business idea and build your first product. But it doesn’t need to be an overnight success. Take it one step at a time, to make sure you go in the right direction.
You are the one who’ll keep yourself motivated during the workday.
It’s easy to get distracted again and forget about your vision. But you still won’t be satisfied in the end of the day and will get back to chasing your passion. The more often you do that, the sooner it will become a mindset and way of living. You can start thinking like an entrepreneur, while still being an employee.
Overlap starts with the day job.
Don’t look at it as an obstacle, but as a means to a better life. You need your day job now, and it’s what allows you to work on your passion and turn it into a business. Once you quit, it will all make sense – the hours invested, the failed projects, the moments of discouragement, the sacrifices.
The 3 Ways to Make Money in Any Niche
Your niche is out there, you have all it takes to become an expert in it. Once you do, there will be 3 possible ways to make money with it. This is what Sean McCabe calls the Trifecta in his book Overlap.
- Client work
One of these will bring you more return on investment than the rest, but you need to experiment first.
The main obstacles you’ll face are things such as:
Being exhausted when you’re back from work and not feeling like working on your side business. But you’ll need to find the will regardless of that, and keep going knowing you’ll soon quit the 9 to 5 and never look back.
There’s also the confusion as to what your true passion is. Some people never find it, others get distracted by all the goals they’ve set and aren’t sure which is worth pursuing. But your passion will show its true power because you’ll lose track of time when doing activities related to it. It will make you feel productive, instead of just busy. It will help you get in the zone when working. You’ll see yourself successful before you really are, if you keep working on the right thing. You’ll sustain your enthusiasm for long periods of time and will persist through problems easily if you’re passionate about what you do.
Your free audiobook on starting a business while working a day job
Sean McCabe, author of Overlap: Start a Business While Working a Full-Time Job, is giving away his book for free right now in audiobook form.
He never dreamed he’d make over $500,000 from his craft, and now he teaches others how to do it.
Most books on the topic are addressing the wrong problems, such as lack of business knowledge and finance. But this one covers something else. These are the things that prevent us from shifting our mindset and actually putting in the work while at a regular job.
Such as having trouble finding time and motivation, being confused about our interests, lack of focus, and inability to say what’s important at any moment. He covers all that in Overlap, together with a whole lot more.
Overlap was reverse engineered to solve every single one of these struggles.
First, the book helps you get unstuck, then it delivers the practical steps so you can build a business while working a full-time job.
Grab the audiobook while it’s still available.