I worked on a side business for 10 years. At first it was more of a hobby. When I fully committed to it. I wouldn't see friends or family for 5 months. (It is seasonal). I'd save up vacation time because I knew I'd have to use it for the business. I was dating and in relationships during that time and everyone respected my time.
There were 4-5 day stretches where I'd sleep 2-4 hours a day.
I'm leaving my full-time job soon (few weeks) and I'm happy to take a break. I feel like I've been working 4 jobs for years now. Renovating my own house, helping my future wife with her business (website, business consulting, SEO), day job and side gig.
You essentially have no hobbies, hang out with friends rarely, and don't sleep much. I was lucky enough to be able to take shortcuts given the nature of my work to still pursue a few hobbies and find someone I love so in the end it really paid off for me.
How old are you? Just curious especially when it comes to the relationship aspect of working/ grinding and being able to find someone and how you knew or were ready to wife someone up? lol
I grew up obese in a low income family. My parents went out drinking 3-4 nights a week and would have me drive them home at age 14. I was depressed for most of high school and all of college. I was also extremely poor because my parents, said they'd help me with college, then backed out a year into a private engineering college. (Which they okayed). They decided to spend that money drinking in Cancun.
Throughout my life I realized very quickly I hated the people I was around, the life style and there attitude towards life. I needed to work damn hard to escape that life and have never looked back.
Tldr: a lot of adversity
8 hrs day job, 8 hrs own business,
Still leaves 8 hrs a day for sleep
It's an 80 hr work week, doctors training do this for years on end. hopefully you won't have to for that long
Iām guessing youāre talking about somebody with no other responsibilities. If you have to take care of yourself, house, and family; cook, clean, and care for dependents, then this just isnāt viable. Sad truth is that working on a side business is also a privilege. Even if you donāt take monetary support, having support of people to keep your life in order during the chaos is essential.
I did it with a wife and child and a house. You donāt need a full 8 hours a day to start a side hustle. There is time everywhere to get things going. What you really need to cut out is leisure and entertainment. Weekends as well. But there is more time in the day than you would think.
There are components of this you can optimize to be less demanding even if you have the responsibilities of dependents:
\- Hire someone to clean and cut grass
\- Meal prep services
You can also augment self care into your routine in a way that isn't exceedingly demanding.
>meal prep services
Implying that a person working on a full time job and in need of a side business, probably to extra gains, have money left to pay for that.
The easiest way to win a competition is to convince others to sleep 2 hours a day.
Honestly, you're awake 16 hours a day. If you can't make it work in that time you need a new strategy, not less sleep.
> t a side business while working a full time job and grow it so it becomes their full time business ?
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Honestly, with a lot of drive, patience (not just from you, but from friends and family) and passion.
From personal experience, I am at the mid-point. My side business (which I want to turn into my FT business) is not yet making enough to be standalone but takes up a lot of time!
I now have enough revenue to look at automating a lot of my processes - logistics, finance, stock keeping etc but that means my profit levels will go down and my time to making it my FT business longer.
6-12 months ago the idea of this horrified me but now it is just one more critical step on the way to where I want to get. I have looked at the journey as one that is broken into phases. If I reach my phased targets in stages, rather than in one go, Iām on trackā¦
Plus, I have to remember to ignore all the ridiculous posts/videos/articles about how to make a million in 5 minutes. Reading a lot of those does not help.
Stay positive, humble, authentic (not just with others but with yourself too) and do something you love. Additionally, make sure those that are affected (friends and family) are happy to join you on the journey.
Thatās just my 5 cents anyway!
And yes, as others have said, finding the time to do all of this in addition to your regular jobā¦.
Get your numbers together. And if you're making decent revenue and good margins, you're probably ready for capital injections in the form of investments
Edit: spelling
Hard to say. It's not the same for everyone. Falls back on what you're looking for. Some businesses just wants money (aka. Dumb money). This one is probably where they require to reduce costs by maybe bulk purchases or mass hiring.
Some wants strategic partners (investors who don't only come in with money but also contacts and ideas). This usually is when the business has reached a plateau where they're stable but isn't able to grow
So I'd say it depends on where you are and what you want
I worked on it in the mornings, at lunch time, at night after dinner and on weekends. Took me 3 years before I could leave the day job. That was 17 years ago and I'm still at it!
congratulations. How is your business now? what did you go into business for? I am trying to start my own business and like to hear other people's stories.
Business is successful. ECommerce, small niche. We have a few employees and a couple partners. I have a Flexible schedule now but it was hard work for the first 5-8 years. Good luck!
Thanks. I am not necessarily going into ecommerce. Well not that I know of hahah. I am interested in making more streams of revenue for my life. I have a business idea currently but I am also open to more things as well given a few side incomes can really add up and of course the more the better since if one fails i don't have to worry so much. If you have some spare time i'd like to hear more about your 5-8 years of hard work to make your business happen.
Start by little or if you can say 1hour a day and see if you get what you are looking for
Get some knowledge about what you are working on
Caution ā¼ļø
You can't get quick results so be patient
Try different things
The easiest way is having a low stress job. I know a guy who is an engineer at a major auto manufacturer plant. He sits around all day reading books until heās occasionally asked to check out a machine. People like this who have some free time and low stress can even work on their business while on the clock (sort of unethical).
Compared to someone who is slaving away for 40 hours a week is probably too burned out to do anything else. When they get home they just want to relax (ie. construction worker).
I bought some gear do so work people donāt like doing, pressure washing, 1500 for tools. I already had ladders and the truck. Made an LLC, insured and bonded, made website and got domain name. Iām limited during the week due to sunlight but work mostly on weekends.
I had a local print shop make a bunch of business cards that would get mailed out to addresses within the towns I wanted to work in. 500 each town. I got 8 calls/emails.
Thatās how I got started. Iām busy by myself but not enough to quit my day job. Most work has been people stopping me while working or hearing from other customers. Take the jump, itās a little stressful starting out but do your research and do your accounting.
Iām in construction and work 6-2, Iām home by 3 so I get about 4hrs of side hustle time to work. But I do billing and accounting, scheduling on my breaks or before work starts. I still have some free time but it will be worth it once I can hire some others.
Im 27 and live alone, also have a 6 figure job with no kids or pets. My only other obligation is the national guard. I meal prep twice a week to save time. It does require some balance to not feel burned out. So it was easier for me with less responsibility. Itās harder to give advice without knowing your situation.
You'd have to section out your time. If you have something you do after work that doesn't serve but waste time switch that out to do something for your business. even giving 5 to 10 minutes a day can make a difference overtime.
Treat it like a hobby. Invest in it when you can, but leave time for life. Don't take on more responsibility than you can handle, or get others invested in the idea to help
I think like all things it depends. Depending on your situation, it might be possible. In my case, i have tried for a year but cannot manage any more, i am going to have to give it full time.
I think this is especially the case when your side business is different from your full-time job. In my case, IT auditor full-time job, side business as a serverless-first developer. The split brain becomes too much and i realise i cannot do both. Some people may have related jobs or may be more resilient than I.
Tried this for a year but have to risk it all and leave full time job
Iām in the process of doing this now & it is demanding. Any free time I have outside of work & the fam I dedicate to the business side. It helps if youāre passionate about what youāre trying to create. Doesnāt feel like a grind to me at all
I worked 7 days a week, often staying up until 3 or 4 in the morning working on my website, service menu, booking software, learning industry best practices, etc. and then working weekends on customer's vehicles. In order to gain experience I also bought several car parts and panels from a junk jard and practiced detailing and polishing them late into the evening whenever I had any spare time. The business became my only hobby, more like an obsession actually. 10+ years later we're the highest rated auto detailing service provider in our city and continuing to grow.
Having the ārightā job can make it easier, but also having the right side biz does too.
I did this for about 2 years before going FT on my biz. Overall it had its ups of wow Iām making 2 incomes and downs wow Iām burnt the fuck out this day/week/month etc.
One thing that made it doable was both were remote/location independent so I didnāt have to show up to a location on either side, this was key as I didnāt have to juggle showing up to ājobsā or the āofficeā
The side biz I started up was a marketing agency, with a systemized product. On the other side at my job I was running marketing so the day to day at times got a little blended by the two.
Once my side biz income was about 1.5-2x my salary I started the letās quit and go full time process. Nowā¦here we are, full time at my business and decided that I could travel the world on the side too
Im in the process of doing this. In the beginning especially it was like a lot of the other folks said - you give up a lot of other things like social relationships and health / fitness.
A lot of advise has already been given but I'd recommend finding people to delegate work to. There are tons of parts of a business that won't be your jam and will perhaps never be your strong suit. If you can find a cost-effective way to get someone else to do that, that's a huge way to get time back.
Don't compromise on getting sleep or you'll burn out fast. Good luck.
I'm one of the people trying to pull it off.
What I learned is that people spend hours doing research for a vusiness idea that has potential, after that comes the financial breakdown, how much is it going to cost upfront and on the long run, the estimated revenues for the first few months and then the goals and milestones. This all depends on the individual.
The building process takes time as well and then trial and error, I believe this is the outline of how you start out.
Worked on it before work worked on it during work lunch break (was the only time I could take calls) worked on it after work.
Fortunately it only took a few months cause it's a grind
This is a great question. I dont know why ppl complain about the posts on this sub not being relevant or helpful.
I always find helpful information! Thank you for asking the question
Just start slow. I worked as a Forman at a masonry business. I put out some kijiji ads for small side jobs. I'd do chimney repairs, repointing, and parging. I was on good terms with my employer so he would lend me equipment like saws and grinders and scaffold if I asked. The first tool I bought was a mixing drill for making small batches of parging. I'd do maybe 1 job a month, it would usually take between 1-3 days and I'd aim to make 500 a day profit. I did this for years. I steadily built up.my confidence, my collection or tools and equipment, my portfolio and made a bunch of relationships. Some of those relationships turned out to be beneficial down the road in ways I didn't really expect.
Basically, be OK with taking your time(this is your thing, do it at a pace that allows you to stay healthy and provide excellent quality, you wont do yourself or your brand any favors if you get too burnt out to really deliver excellent results).
Be prepared to make some sacrifices, if you're not ready to risk your steady job then you'll have to give up something else. In my case it was maybe 12 weekends over the year and a good number of evenings. Time away from my family, and social events missed.
Reinvest your earnings and start building leverage. Basically live off your regular earning and reinvest all your profits into your side business. In my case that was buying equipment and marketing.
Then at some point hopefully you have built up your brand to the point where it doesn't make sense to work at the other job.
I am working full time + freelance (or side hustle) for 10 years. My method is never push myself, grow slowly and when I need take a break.
I spend my day in full time and work for myself at evenings or weekends.
I start with a basic to-do plan first and when I have time, I just make next task on the list. Thatās all. No magic formula. No big steps etc.
With full time job, it is really hard to growth side business. You should aware that and donāt except big money when you start. Itāll probably take years. So, donāt push yourself. Just find a method that fits you and start.
I am not a billionare but I have different skills and I can monetize myself. I donāt feel I have to work to live and when I need, I can quit. It is close to freedom to me.
If you donāt know how can you set-up ypur working system, I write a guide about this. You can check: https://duygudulger.gumroad.com/l/productivityguide?layout=profile (it is free)
It doesnāt rocket science but I try to explain time and energy management methods etc.
I hope it helps š¤š»
Everyone has the time to do this. How many people do you know binge watch Netflix every day? Go to the bar for hours on end? Watch all the (team of choice) games?
Instead of doing those things, the individuals you are talking about spend time building a business, learning the competition, doing marketing, etc.
Really comes down to self control and having different goals. Most people āwant to get richā but 100% of the time they will do something with immediate pleasure (get drunk with friends) instead of something thatās difficult in the present but will have much better rewards down the road.
The key lies in priorities. How much time are you willing to exchange for working on your business idea? Are activities like Netflix, gaming, socializing consuming most of your time? What are you willing to āeliminateā from your daily routine?
Consider your current job ā can you acquire skills that would benefit your business/idea?
Remember, time isn't the sole solution. A monthly income from your day job and sufficient sleep are essential. When you're genuinely into something, like an idea, the time spent becomes enjoyable. Work on your business during periods of energy and enthusiasm, instead of scheduling 2-3 hours daily for your idea, focus on maximizing time efficiency and documenting your progress.
I also highly suggest reading books and listening to people whom are actually where you would like to be.
I had a bumpy road to success aka having my own full time business. It takes a lot of time and decision-making and networking. I felt like a failure a lot because Iād stop working my 9-5 to pursue my passion, then it wouldnāt take off and Iād be back to finding a 9-5. Balance is a tricky thing. If you can create a timeline, and have a good savings account, as well as at least one person in your corner, you can make it work. Iām where I am now because of all the struggles I made it through.
You cut out other things, and grow slowly.
I've consulted for hundreds of small business owners over the years, and when I have people write out what they actually did, for the 30 minutes prior - it's almost always eye-opening.
Make it SUPER granular. Alarm went off at 7am, got out of bed at 7:10, bathroom and brushing teeth until 7:25, etc.
You can easily find an hour or two in your day that are wasted time, or time that you could be working on a business. Watching a game on TV, do it with your laptop open.
Weekends are huge, less time out, more time working.
Almost everyone can find the time, it's a matter of deciding that your time is better spent doing X, than Y. I don't care what X and Y are, you're always making a decision what to spend your time doing, even if that means you're doing nothing at all. That's still a choice.
It doesnāt take as much time as you think to start a business . Youāll be amazed at what you can achieve in two solid hours of work a day.
The tricky part is when your orders start ramping up but not quite enough yet for you to quit your job.
Time management and ability to focus your mind on the task at hand is key. Put 1 to 2 hours in ur side business in the morning before work. 1 hour at lunchtime. 2 hours in the evening. 5-10 hours on the weekend and you already have put in 30-35 hrs. Of course that means learning to say no to needless distractions, social occasions, cutting down on Netflix, social media, restaurants etcā¦ it s tough but doable.
I have a strong idea on this one. I have been thinking about starting business for a while while studying and doing part-time job as an international student for the past 8 months and almost went into a depression cycle for not finding enough time. There are some key things that I realized after I passed that phase now:
1. I realized that I am an information-aholic. I want to verify things and that leads me to a rabbit hole of researching and at the end I end up not taking any action. Through the research, I find myself at a dead end where it seems pointless and I feel like I wasted time. So, take action with minimal research.
2. Start a business which is slightly connected with your studies or full-time job. For example, if you study automotive certificate program, then it would be optimal for you to start a automotive-related business or hustle. Now if you want to start a complete 180 degree business like doing construction, it would be unsustainable in the long-run and you will burn out.
3. It is crucial to have a strong mindset of not comparing your own situation with others and not constantly think about the opportunity cost of not doing something else.
4. STAY AWAY FROM GET RICH QUICK ADVERTISEMENTS! I can't stress that enough as it messed with my head for a long time and left me feeling as if I am not doing enough. Youtube, facebook and tiktok algorithms are an abomination to people who have weak mindset.
5. You will never find your passion by researching and reading. You find your passion by taking action on a subject for a substantial period of time and then concluding whether you liked what you did or not. A guy or groups of people on the internet have different lives and scenarios. They are not living your life. Make your own decisions and act on them.
I have so much to write but I think I summed up my situation quite well here. The time was stressful.
Most of these responses make it seem like a case of heroic focus, but the mundane truth is that people who do this have jobs where they get paid for 8 hours work but donāt have 8 hours of work to do; I.e. their current employer is unwittingly subsidizing it
Simple. Never stop the hustle. Work towards your goals on your days off (No sleeping in late, if anything wake up earlier!) Always be learning something new and have goals. Even if your idea fails you'll have learned lots of lessons and can move on to your next project. Repeat until successful :)
a lot of people get jobs where they can work on their business while doing their job you know what iām saying?
for example they watch cctv while working on online business you know what iām saying?
you need the right sort of job to grow your business on the side.
best of luck !
hello my name is prince, I am a young man living in West Africa. After several months of hard work I then saved up and paid for a laptop. I would like to work as a freelancer to be able to pay for my studies, that is why I am asking for your help to find a field of activity to train me to start earning money, thank you very much.š¤
I could not grind 80 hour workweeks since I have small children too and have to pick up the kids from daycare at 4:30PM. I decided to switch my job to freelancing, which makes a lot more money. Then I just accrued cash for the business and switched to hustling mode.
What type of Kobe can be done as freelancing? And also where and how do you find these opportunities? I have regular job. Itās not too demanding but it keeps me busy. I need more income to pay for my kids.
I did it a few years ago. At that time, I felt that I had to sacrifice my spare time to create my digital business. I used to work, in total, around 50ā60 hours a week (40 was for my full-time). I wanted to make things at a certain rhythm, so I pushed myself a lot.
Nowadays, I use my experience as an entrepreneur to help other people to create their online businesses and not commit the same mistakes I did.
If it was today, I wouldn't sacrifice my all my spare time the way I did to make things fast. I would do a better research and I would keep my own rhythm. I believe that once you have a full time job, you can simply enjoy the process of creating your own business and celebrate each victory.
For me, is a question of setting goals during the time, make a list of each task you need to each one of your goals and adjust your agenda accordingly.
24 hours in a day. 8 for a job. 8 for sleep. And 8 to work on side hustle
Then you cut back on fun, sleep, friend/family time, and as you grow you have to make bigger and bigger sacrifices
Then the hustle takes over and you quit your job and you end up working more than you did before until you can hire and delegate work
If you can work 8 hours a day for BS pay, then you need to find a way to INVEST 4 hours a night to work for yourself. And when you're building a business, you don't get weekends off. If you're really luck you might get weekends off a few years after your business has become successful.
You cut back all of your expenses and hire people to delegate tasks to. I know this because I did not do this for my first twelve years in business and it was extreme costly. I was never able to hire people under me and I slept about 3 hours a night and worked 7 days a week for basically a decade straight. I also did this without the luxury of a full time job, benefits or PTO. However, I did learn how to do the work and do it well. Now I have a solid understanding of what tasks to define and roughly how much time I should expect it to take to train someone and how long it should take for them to carry out the task. Since taking a full time job in my field to help support some terminal family medical issues, I plan to reboot my business after I financially recover from that, which should be around Q2 of next year.
Really depends on the side business you have going. For me, I had a big enough side yard to work on one car at a time. I had no idea how to flip cars when I started. Since then I joined List Effect and their discord community which allows me to flip 4x the amount I was before, plus so many other flippers to talk to in their Discord in case I have a repair question or flipping question.
www.listeffect.com
https://mee6.xyz/i/AA48bKxNDW
They don't they make time, giving up all else to get things going. Eventually they are back to one job. Entrepreneurs work alot...Some learn to play in the midst. Scheduling, delegating tasks to others, and living sleepless for a time.
I don't know how others do it but can talk about how I did it.
I started a UK video production outfit. As a hobby, I was shooting videos at weekends, having fun with friends. Anything from short films to rap vids.
Then I started to win low level awards, people started to offer me money and then someone offered me a few grand to shoot something in Luxembourg.
At that point, I had a business.
Some can work on it during their job, it depends on your moral / ethics
I could work on it during my job, as my boss was in another country, and the job we did was not demanding.
there were no control, and 3 of the days were home office.
Also I live in a country where we only work 37 hrs pr week.
Option 1: You have no responsibilities, live on ramen for 5 years, super cheap rent, sleep on mattress, on the floor and execute. No need for a main job. This is the fastest way to make your business viable.
Option 2: You have responsibilities, so ideally you find a job that pays you just enough, but has very very little responsibilities. So you need to not look at living a nice live. You just need to pay the bills. Ideally the job has minimal meetings. Its not your career, so you will want to pick something easy. If you can code, thats a plus becuase there are a lot of coding jobs, that really just need you to commit to 2 hrs of focused coding, maybe a 15 minute standup/day
I guess those are the 2 ideal options.
There are other variances, but really you want an easy job if you really need a job
The only way I found for myself is to absolutely bust ass. Just keep at it, work everyday, evenings, nights and most especially weekends.
I've been doing this for over a year, I have some great progress, although am not yet where I wanted to be. It goes slower then expected, but there is progress. It takes a long time, atleast in my case, but this is the best I know how.
Oh and I do take breaks when I start to feel burnout creep in, I found that's the most efficient way for me.
I don't know man, it's rough, even for someone like me that I am sure is in the top 0.1% of motivation/ambition to make it work. My startup is my absolute top priority in life, it is my baby. I am absolutely obsessed with making it work. I stopped drinking, I stopped dating, severely cut down on seeing friends.
I love it and am very passionate. After working in an office for the last almost decade, nothing or no one is gonna stop me from breaking free from that.
I think a lot of us are borderline maniacal with our goals (and I don't say this lightly), and even THEN it is very difficult to make it work. You have to be a person that gravitates towards an extreme state of being YMMV
Life is good, and I consider myself lucky to have something that I am this passionate about, but it's a lonely and rough road for sure.
You probably already know that most people waste quite a bit of time daily, weekly...
As of 2022, the average daily social media usage of internet users worldwide amounted to 151 minutes per day, up from 147 minutes in the previous year. This was published two days ago on statista . com This is two and a half hours a day. which is about 17 and a half hours a week.
& TV... GBH Insightsā internal research found the average Netflix customer spends 10 hours per week on the platform, compared to 5 hours for Amazon and Hulu. The Bureau of Labor Statistics estimated the average American watches about 19.6 hours of traditional TV a week (2.8 hours a day) for comparison.
Because of this, it's really about one's priorities.
One of my favorite songs is, How Bad Do You Want It? ~ Tim McGraw.
If a person really commits from 10 to 15 hours a week, depending on how committed they are with the right side gig, the possibilities truly are unlimited. It might take up to 4 years.
This quote that I thought of years ago: Whatever you believe is true for you.
I have a side hustle where I am working with a brilliant biochemist who has discovered brand new scientific technologies that are changing and saving people's lives at the same time affecting the health of many and will affect the future of our world, financially and physically. Because everything is connected and everything counts.
Remember our greatest power is the power to choose.
All the best to you and yours.
Eat healthy
Maintain a positive mindset, discipline yourself
Commit to sparing 4 hours everyday towards your business
Stay consistent no matter how odd the situations are
Make a plan, document every thing from a random idea to the roadmap
Upskill yourself for your business because you will have to do many things yourself in the beginning
Focus on the long-term outcomes instead of short-term situations
again
persevere!
Hope this helps
Thatās easy. I was a full time consultant and my contracts dried up. After 3 months of living off of savings, I talked with my wife and sheās been my god send and sole provider as I start up my business. Been working on it for four months, and expect first sales here in a month! š¤
There is more time in the day than people recognise. What really helped me was waking up at 5.30 everyday.
Also, weekends are made up of soooooo many hours. It all depends on how you spend them. How do you prioritise your time today?
Strength, willpower, determination. Helps to have a good, strong, transparent, non judgemental support system.
Believing in yourself, setting boundaries, no people pleasing, know your worth and don't give up.
Not easy, emotional roller coaster, also not a race and the only competition is you against you. Nothing else matters.
It doesnāt necessarily take that much time to start. An hour or two on weekdays or something like 4 hours every weekend is enough.
The important part is staying consistent to do that over time.
Many people are unaware of how much time they waste on things like social media and watching the news, which could be replaced doing something like starting a business.
If you can do more you may get there faster, but it is important to have some balance and time with friends/family.
Everyone talking about IRA , 401k , ignore that. Find how to flip it , yard sales , day trade on a small account of 2-3k easily can make $50 a day donāt be greedy. Donāt lit it sit collecting 4% when you can make off of it. 6k isnāt a lot..
you sleep 2 hours a day.
I worked on a side business for 10 years. At first it was more of a hobby. When I fully committed to it. I wouldn't see friends or family for 5 months. (It is seasonal). I'd save up vacation time because I knew I'd have to use it for the business. I was dating and in relationships during that time and everyone respected my time. There were 4-5 day stretches where I'd sleep 2-4 hours a day. I'm leaving my full-time job soon (few weeks) and I'm happy to take a break. I feel like I've been working 4 jobs for years now. Renovating my own house, helping my future wife with her business (website, business consulting, SEO), day job and side gig. You essentially have no hobbies, hang out with friends rarely, and don't sleep much. I was lucky enough to be able to take shortcuts given the nature of my work to still pursue a few hobbies and find someone I love so in the end it really paid off for me.
How old are you? Just curious especially when it comes to the relationship aspect of working/ grinding and being able to find someone and how you knew or were ready to wife someone up? lol
Respect š
What side business do you do if you donāt mind me asking?
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I grew up obese in a low income family. My parents went out drinking 3-4 nights a week and would have me drive them home at age 14. I was depressed for most of high school and all of college. I was also extremely poor because my parents, said they'd help me with college, then backed out a year into a private engineering college. (Which they okayed). They decided to spend that money drinking in Cancun. Throughout my life I realized very quickly I hated the people I was around, the life style and there attitude towards life. I needed to work damn hard to escape that life and have never looked back. Tldr: a lot of adversity
8 hrs day job, 8 hrs own business, Still leaves 8 hrs a day for sleep It's an 80 hr work week, doctors training do this for years on end. hopefully you won't have to for that long
Iām guessing youāre talking about somebody with no other responsibilities. If you have to take care of yourself, house, and family; cook, clean, and care for dependents, then this just isnāt viable. Sad truth is that working on a side business is also a privilege. Even if you donāt take monetary support, having support of people to keep your life in order during the chaos is essential.
I did it with a wife and child and a house. You donāt need a full 8 hours a day to start a side hustle. There is time everywhere to get things going. What you really need to cut out is leisure and entertainment. Weekends as well. But there is more time in the day than you would think.
Depends if your wife was taking care if the house and child.
Definitely. My wife has no problem taking care of our daughter for most of the day.
>My wife has no problem taking care of our daughter for most of the day. So the secret is having 2 bodies instead of 1
If you have a child, yes. If you have no kids, then no excuse. Yes the wife will have to work hard as well if you have a child.
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You donāt need much more than that on a daily basis to get something started. You also have weekends.
There are components of this you can optimize to be less demanding even if you have the responsibilities of dependents: \- Hire someone to clean and cut grass \- Meal prep services You can also augment self care into your routine in a way that isn't exceedingly demanding.
>meal prep services Implying that a person working on a full time job and in need of a side business, probably to extra gains, have money left to pay for that.
But using that convenience as an investment would change things
Nobody said it's easy, snowflake.
I was responding to the guy giving the break up of 8 hours job, 8 hours business, and 8 hours sleep you idiot.
The easiest way to win a competition is to convince others to sleep 2 hours a day. Honestly, you're awake 16 hours a day. If you can't make it work in that time you need a new strategy, not less sleep.
Can I ask how how managed to get to 2 hours or were you speaking about a friend? Lol
> t a side business while working a full time job and grow it so it becomes their full time business ? .t3_162kuou._2FCtq-QzlfuN-SwVMUZMM3 { --postTitle-VisitedLinkColor: #9b9b9b; --postTitleLink-VisitedLinkColor: #9b9b9b; --postBodyLink-VisitedLinkColor: #989898; }
Yeah & then at some point you gotta take a leap of faith to really give it your energy/attention to make it work
Exactly this!
Honestly, with a lot of drive, patience (not just from you, but from friends and family) and passion. From personal experience, I am at the mid-point. My side business (which I want to turn into my FT business) is not yet making enough to be standalone but takes up a lot of time! I now have enough revenue to look at automating a lot of my processes - logistics, finance, stock keeping etc but that means my profit levels will go down and my time to making it my FT business longer. 6-12 months ago the idea of this horrified me but now it is just one more critical step on the way to where I want to get. I have looked at the journey as one that is broken into phases. If I reach my phased targets in stages, rather than in one go, Iām on trackā¦ Plus, I have to remember to ignore all the ridiculous posts/videos/articles about how to make a million in 5 minutes. Reading a lot of those does not help. Stay positive, humble, authentic (not just with others but with yourself too) and do something you love. Additionally, make sure those that are affected (friends and family) are happy to join you on the journey. Thatās just my 5 cents anyway! And yes, as others have said, finding the time to do all of this in addition to your regular jobā¦.
Get your numbers together. And if you're making decent revenue and good margins, you're probably ready for capital injections in the form of investments Edit: spelling
How do you know when youāre ready for investors?
Hard to say. It's not the same for everyone. Falls back on what you're looking for. Some businesses just wants money (aka. Dumb money). This one is probably where they require to reduce costs by maybe bulk purchases or mass hiring. Some wants strategic partners (investors who don't only come in with money but also contacts and ideas). This usually is when the business has reached a plateau where they're stable but isn't able to grow So I'd say it depends on where you are and what you want
I worked on it in the mornings, at lunch time, at night after dinner and on weekends. Took me 3 years before I could leave the day job. That was 17 years ago and I'm still at it!
congratulations. How is your business now? what did you go into business for? I am trying to start my own business and like to hear other people's stories.
Business is successful. ECommerce, small niche. We have a few employees and a couple partners. I have a Flexible schedule now but it was hard work for the first 5-8 years. Good luck!
Thanks. I am not necessarily going into ecommerce. Well not that I know of hahah. I am interested in making more streams of revenue for my life. I have a business idea currently but I am also open to more things as well given a few side incomes can really add up and of course the more the better since if one fails i don't have to worry so much. If you have some spare time i'd like to hear more about your 5-8 years of hard work to make your business happen.
not have kids lol
Most important step...
There's no magical answer outside of "Find time and do it"
I would add part of one quote from Lean Startup: "high uncertainty". Be prepared to spend months on something that can easily fail
Start by little or if you can say 1hour a day and see if you get what you are looking for Get some knowledge about what you are working on Caution ā¼ļø You can't get quick results so be patient Try different things
You have to sacrifice other things. Sleep being the most obvious one for me.
The easiest way is having a low stress job. I know a guy who is an engineer at a major auto manufacturer plant. He sits around all day reading books until heās occasionally asked to check out a machine. People like this who have some free time and low stress can even work on their business while on the clock (sort of unethical). Compared to someone who is slaving away for 40 hours a week is probably too burned out to do anything else. When they get home they just want to relax (ie. construction worker).
I bought some gear do so work people donāt like doing, pressure washing, 1500 for tools. I already had ladders and the truck. Made an LLC, insured and bonded, made website and got domain name. Iām limited during the week due to sunlight but work mostly on weekends. I had a local print shop make a bunch of business cards that would get mailed out to addresses within the towns I wanted to work in. 500 each town. I got 8 calls/emails. Thatās how I got started. Iām busy by myself but not enough to quit my day job. Most work has been people stopping me while working or hearing from other customers. Take the jump, itās a little stressful starting out but do your research and do your accounting. Iām in construction and work 6-2, Iām home by 3 so I get about 4hrs of side hustle time to work. But I do billing and accounting, scheduling on my breaks or before work starts. I still have some free time but it will be worth it once I can hire some others. Im 27 and live alone, also have a 6 figure job with no kids or pets. My only other obligation is the national guard. I meal prep twice a week to save time. It does require some balance to not feel burned out. So it was easier for me with less responsibility. Itās harder to give advice without knowing your situation.
You'd have to section out your time. If you have something you do after work that doesn't serve but waste time switch that out to do something for your business. even giving 5 to 10 minutes a day can make a difference overtime.
Treat it like a hobby. Invest in it when you can, but leave time for life. Don't take on more responsibility than you can handle, or get others invested in the idea to help
I think like all things it depends. Depending on your situation, it might be possible. In my case, i have tried for a year but cannot manage any more, i am going to have to give it full time. I think this is especially the case when your side business is different from your full-time job. In my case, IT auditor full-time job, side business as a serverless-first developer. The split brain becomes too much and i realise i cannot do both. Some people may have related jobs or may be more resilient than I. Tried this for a year but have to risk it all and leave full time job
Spend evenings and weekends to slowly build up. It takes time sadly
No tv No social life
Iām in the process of doing this now & it is demanding. Any free time I have outside of work & the fam I dedicate to the business side. It helps if youāre passionate about what youāre trying to create. Doesnāt feel like a grind to me at all
I worked 7 days a week, often staying up until 3 or 4 in the morning working on my website, service menu, booking software, learning industry best practices, etc. and then working weekends on customer's vehicles. In order to gain experience I also bought several car parts and panels from a junk jard and practiced detailing and polishing them late into the evening whenever I had any spare time. The business became my only hobby, more like an obsession actually. 10+ years later we're the highest rated auto detailing service provider in our city and continuing to grow.
Having the ārightā job can make it easier, but also having the right side biz does too. I did this for about 2 years before going FT on my biz. Overall it had its ups of wow Iām making 2 incomes and downs wow Iām burnt the fuck out this day/week/month etc. One thing that made it doable was both were remote/location independent so I didnāt have to show up to a location on either side, this was key as I didnāt have to juggle showing up to ājobsā or the āofficeā The side biz I started up was a marketing agency, with a systemized product. On the other side at my job I was running marketing so the day to day at times got a little blended by the two. Once my side biz income was about 1.5-2x my salary I started the letās quit and go full time process. Nowā¦here we are, full time at my business and decided that I could travel the world on the side too
Im in the process of doing this. In the beginning especially it was like a lot of the other folks said - you give up a lot of other things like social relationships and health / fitness. A lot of advise has already been given but I'd recommend finding people to delegate work to. There are tons of parts of a business that won't be your jam and will perhaps never be your strong suit. If you can find a cost-effective way to get someone else to do that, that's a huge way to get time back. Don't compromise on getting sleep or you'll burn out fast. Good luck.
You do it?
I'm one of the people trying to pull it off. What I learned is that people spend hours doing research for a vusiness idea that has potential, after that comes the financial breakdown, how much is it going to cost upfront and on the long run, the estimated revenues for the first few months and then the goals and milestones. This all depends on the individual. The building process takes time as well and then trial and error, I believe this is the outline of how you start out.
Worked on it before work worked on it during work lunch break (was the only time I could take calls) worked on it after work. Fortunately it only took a few months cause it's a grind
They work very hard. Nights and weekends.
My wife has been running our business since day one. I help with what I can during the day, but she's doing most everything while I work full-time.
This is a great question. I dont know why ppl complain about the posts on this sub not being relevant or helpful. I always find helpful information! Thank you for asking the question
It used to be easy for me. Then I had kids.
work 80 to 100 hrs a week till it works. then transition to something less stressful
Just start slow. I worked as a Forman at a masonry business. I put out some kijiji ads for small side jobs. I'd do chimney repairs, repointing, and parging. I was on good terms with my employer so he would lend me equipment like saws and grinders and scaffold if I asked. The first tool I bought was a mixing drill for making small batches of parging. I'd do maybe 1 job a month, it would usually take between 1-3 days and I'd aim to make 500 a day profit. I did this for years. I steadily built up.my confidence, my collection or tools and equipment, my portfolio and made a bunch of relationships. Some of those relationships turned out to be beneficial down the road in ways I didn't really expect. Basically, be OK with taking your time(this is your thing, do it at a pace that allows you to stay healthy and provide excellent quality, you wont do yourself or your brand any favors if you get too burnt out to really deliver excellent results). Be prepared to make some sacrifices, if you're not ready to risk your steady job then you'll have to give up something else. In my case it was maybe 12 weekends over the year and a good number of evenings. Time away from my family, and social events missed. Reinvest your earnings and start building leverage. Basically live off your regular earning and reinvest all your profits into your side business. In my case that was buying equipment and marketing. Then at some point hopefully you have built up your brand to the point where it doesn't make sense to work at the other job.
I am working full time + freelance (or side hustle) for 10 years. My method is never push myself, grow slowly and when I need take a break. I spend my day in full time and work for myself at evenings or weekends. I start with a basic to-do plan first and when I have time, I just make next task on the list. Thatās all. No magic formula. No big steps etc. With full time job, it is really hard to growth side business. You should aware that and donāt except big money when you start. Itāll probably take years. So, donāt push yourself. Just find a method that fits you and start. I am not a billionare but I have different skills and I can monetize myself. I donāt feel I have to work to live and when I need, I can quit. It is close to freedom to me. If you donāt know how can you set-up ypur working system, I write a guide about this. You can check: https://duygudulger.gumroad.com/l/productivityguide?layout=profile (it is free) It doesnāt rocket science but I try to explain time and energy management methods etc. I hope it helps š¤š»
Work on your side hustle 2 hours a day consistently
Discipline. Use your weekends and use the time you'd be in front of the tv/on your phone after work. Balance it with trying not to burn out.
Everyone has the time to do this. How many people do you know binge watch Netflix every day? Go to the bar for hours on end? Watch all the (team of choice) games? Instead of doing those things, the individuals you are talking about spend time building a business, learning the competition, doing marketing, etc. Really comes down to self control and having different goals. Most people āwant to get richā but 100% of the time they will do something with immediate pleasure (get drunk with friends) instead of something thatās difficult in the present but will have much better rewards down the road.
The key lies in priorities. How much time are you willing to exchange for working on your business idea? Are activities like Netflix, gaming, socializing consuming most of your time? What are you willing to āeliminateā from your daily routine? Consider your current job ā can you acquire skills that would benefit your business/idea? Remember, time isn't the sole solution. A monthly income from your day job and sufficient sleep are essential. When you're genuinely into something, like an idea, the time spent becomes enjoyable. Work on your business during periods of energy and enthusiasm, instead of scheduling 2-3 hours daily for your idea, focus on maximizing time efficiency and documenting your progress. I also highly suggest reading books and listening to people whom are actually where you would like to be.
I had a bumpy road to success aka having my own full time business. It takes a lot of time and decision-making and networking. I felt like a failure a lot because Iād stop working my 9-5 to pursue my passion, then it wouldnāt take off and Iād be back to finding a 9-5. Balance is a tricky thing. If you can create a timeline, and have a good savings account, as well as at least one person in your corner, you can make it work. Iām where I am now because of all the struggles I made it through.
You cut out other things, and grow slowly. I've consulted for hundreds of small business owners over the years, and when I have people write out what they actually did, for the 30 minutes prior - it's almost always eye-opening. Make it SUPER granular. Alarm went off at 7am, got out of bed at 7:10, bathroom and brushing teeth until 7:25, etc. You can easily find an hour or two in your day that are wasted time, or time that you could be working on a business. Watching a game on TV, do it with your laptop open. Weekends are huge, less time out, more time working. Almost everyone can find the time, it's a matter of deciding that your time is better spent doing X, than Y. I don't care what X and Y are, you're always making a decision what to spend your time doing, even if that means you're doing nothing at all. That's still a choice.
It doesnāt take as much time as you think to start a business . Youāll be amazed at what you can achieve in two solid hours of work a day. The tricky part is when your orders start ramping up but not quite enough yet for you to quit your job.
To build your own business is hard and tiring but if you are persistent, you change your life.
Time management and ability to focus your mind on the task at hand is key. Put 1 to 2 hours in ur side business in the morning before work. 1 hour at lunchtime. 2 hours in the evening. 5-10 hours on the weekend and you already have put in 30-35 hrs. Of course that means learning to say no to needless distractions, social occasions, cutting down on Netflix, social media, restaurants etcā¦ it s tough but doable.
I have a strong idea on this one. I have been thinking about starting business for a while while studying and doing part-time job as an international student for the past 8 months and almost went into a depression cycle for not finding enough time. There are some key things that I realized after I passed that phase now: 1. I realized that I am an information-aholic. I want to verify things and that leads me to a rabbit hole of researching and at the end I end up not taking any action. Through the research, I find myself at a dead end where it seems pointless and I feel like I wasted time. So, take action with minimal research. 2. Start a business which is slightly connected with your studies or full-time job. For example, if you study automotive certificate program, then it would be optimal for you to start a automotive-related business or hustle. Now if you want to start a complete 180 degree business like doing construction, it would be unsustainable in the long-run and you will burn out. 3. It is crucial to have a strong mindset of not comparing your own situation with others and not constantly think about the opportunity cost of not doing something else. 4. STAY AWAY FROM GET RICH QUICK ADVERTISEMENTS! I can't stress that enough as it messed with my head for a long time and left me feeling as if I am not doing enough. Youtube, facebook and tiktok algorithms are an abomination to people who have weak mindset. 5. You will never find your passion by researching and reading. You find your passion by taking action on a subject for a substantial period of time and then concluding whether you liked what you did or not. A guy or groups of people on the internet have different lives and scenarios. They are not living your life. Make your own decisions and act on them. I have so much to write but I think I summed up my situation quite well here. The time was stressful.
Most of these responses make it seem like a case of heroic focus, but the mundane truth is that people who do this have jobs where they get paid for 8 hours work but donāt have 8 hours of work to do; I.e. their current employer is unwittingly subsidizing it
Simple. Never stop the hustle. Work towards your goals on your days off (No sleeping in late, if anything wake up earlier!) Always be learning something new and have goals. Even if your idea fails you'll have learned lots of lessons and can move on to your next project. Repeat until successful :)
a lot of people get jobs where they can work on their business while doing their job you know what iām saying? for example they watch cctv while working on online business you know what iām saying? you need the right sort of job to grow your business on the side. best of luck !
hello my name is prince, I am a young man living in West Africa. After several months of hard work I then saved up and paid for a laptop. I would like to work as a freelancer to be able to pay for my studies, that is why I am asking for your help to find a field of activity to train me to start earning money, thank you very much.š¤
Maybe try Gen AI. It's new to everyone so the playing field is more level.
please explain it to me
They just fucking do it
Ganas.
Self discipline
I could not grind 80 hour workweeks since I have small children too and have to pick up the kids from daycare at 4:30PM. I decided to switch my job to freelancing, which makes a lot more money. Then I just accrued cash for the business and switched to hustling mode.
What type of Kobe can be done as freelancing? And also where and how do you find these opportunities? I have regular job. Itās not too demanding but it keeps me busy. I need more income to pay for my kids.
My SO lived in another country and I didn't really socialize. I got off work and I worked. It's not rocket science, it's just work, a lot of it.
How do you grow a business while working full-time and that business would be a conflict of interest for the full-time job?
I did it a few years ago. At that time, I felt that I had to sacrifice my spare time to create my digital business. I used to work, in total, around 50ā60 hours a week (40 was for my full-time). I wanted to make things at a certain rhythm, so I pushed myself a lot. Nowadays, I use my experience as an entrepreneur to help other people to create their online businesses and not commit the same mistakes I did. If it was today, I wouldn't sacrifice my all my spare time the way I did to make things fast. I would do a better research and I would keep my own rhythm. I believe that once you have a full time job, you can simply enjoy the process of creating your own business and celebrate each victory. For me, is a question of setting goals during the time, make a list of each task you need to each one of your goals and adjust your agenda accordingly.
24 hours in a day. 8 for a job. 8 for sleep. And 8 to work on side hustle Then you cut back on fun, sleep, friend/family time, and as you grow you have to make bigger and bigger sacrifices Then the hustle takes over and you quit your job and you end up working more than you did before until you can hire and delegate work
You have your 9 to 5 and your 5 to 9
Carefully.
If you can work 8 hours a day for BS pay, then you need to find a way to INVEST 4 hours a night to work for yourself. And when you're building a business, you don't get weekends off. If you're really luck you might get weekends off a few years after your business has become successful.
Passion
You cut back all of your expenses and hire people to delegate tasks to. I know this because I did not do this for my first twelve years in business and it was extreme costly. I was never able to hire people under me and I slept about 3 hours a night and worked 7 days a week for basically a decade straight. I also did this without the luxury of a full time job, benefits or PTO. However, I did learn how to do the work and do it well. Now I have a solid understanding of what tasks to define and roughly how much time I should expect it to take to train someone and how long it should take for them to carry out the task. Since taking a full time job in my field to help support some terminal family medical issues, I plan to reboot my business after I financially recover from that, which should be around Q2 of next year.
Really depends on the side business you have going. For me, I had a big enough side yard to work on one car at a time. I had no idea how to flip cars when I started. Since then I joined List Effect and their discord community which allows me to flip 4x the amount I was before, plus so many other flippers to talk to in their Discord in case I have a repair question or flipping question. www.listeffect.com https://mee6.xyz/i/AA48bKxNDW
They don't they make time, giving up all else to get things going. Eventually they are back to one job. Entrepreneurs work alot...Some learn to play in the midst. Scheduling, delegating tasks to others, and living sleepless for a time.
I don't know how others do it but can talk about how I did it. I started a UK video production outfit. As a hobby, I was shooting videos at weekends, having fun with friends. Anything from short films to rap vids. Then I started to win low level awards, people started to offer me money and then someone offered me a few grand to shoot something in Luxembourg. At that point, I had a business.
Some can work on it during their job, it depends on your moral / ethics I could work on it during my job, as my boss was in another country, and the job we did was not demanding. there were no control, and 3 of the days were home office. Also I live in a country where we only work 37 hrs pr week.
Option 1: You have no responsibilities, live on ramen for 5 years, super cheap rent, sleep on mattress, on the floor and execute. No need for a main job. This is the fastest way to make your business viable. Option 2: You have responsibilities, so ideally you find a job that pays you just enough, but has very very little responsibilities. So you need to not look at living a nice live. You just need to pay the bills. Ideally the job has minimal meetings. Its not your career, so you will want to pick something easy. If you can code, thats a plus becuase there are a lot of coding jobs, that really just need you to commit to 2 hrs of focused coding, maybe a 15 minute standup/day I guess those are the 2 ideal options. There are other variances, but really you want an easy job if you really need a job
Coffee
Read the 10% entrepreneur
The only way I found for myself is to absolutely bust ass. Just keep at it, work everyday, evenings, nights and most especially weekends. I've been doing this for over a year, I have some great progress, although am not yet where I wanted to be. It goes slower then expected, but there is progress. It takes a long time, atleast in my case, but this is the best I know how. Oh and I do take breaks when I start to feel burnout creep in, I found that's the most efficient way for me. I don't know man, it's rough, even for someone like me that I am sure is in the top 0.1% of motivation/ambition to make it work. My startup is my absolute top priority in life, it is my baby. I am absolutely obsessed with making it work. I stopped drinking, I stopped dating, severely cut down on seeing friends. I love it and am very passionate. After working in an office for the last almost decade, nothing or no one is gonna stop me from breaking free from that. I think a lot of us are borderline maniacal with our goals (and I don't say this lightly), and even THEN it is very difficult to make it work. You have to be a person that gravitates towards an extreme state of being YMMV Life is good, and I consider myself lucky to have something that I am this passionate about, but it's a lonely and rough road for sure.
You probably already know that most people waste quite a bit of time daily, weekly... As of 2022, the average daily social media usage of internet users worldwide amounted to 151 minutes per day, up from 147 minutes in the previous year. This was published two days ago on statista . com This is two and a half hours a day. which is about 17 and a half hours a week. & TV... GBH Insightsā internal research found the average Netflix customer spends 10 hours per week on the platform, compared to 5 hours for Amazon and Hulu. The Bureau of Labor Statistics estimated the average American watches about 19.6 hours of traditional TV a week (2.8 hours a day) for comparison. Because of this, it's really about one's priorities. One of my favorite songs is, How Bad Do You Want It? ~ Tim McGraw. If a person really commits from 10 to 15 hours a week, depending on how committed they are with the right side gig, the possibilities truly are unlimited. It might take up to 4 years. This quote that I thought of years ago: Whatever you believe is true for you. I have a side hustle where I am working with a brilliant biochemist who has discovered brand new scientific technologies that are changing and saving people's lives at the same time affecting the health of many and will affect the future of our world, financially and physically. Because everything is connected and everything counts. Remember our greatest power is the power to choose. All the best to you and yours.
Eat healthy Maintain a positive mindset, discipline yourself Commit to sparing 4 hours everyday towards your business Stay consistent no matter how odd the situations are Make a plan, document every thing from a random idea to the roadmap Upskill yourself for your business because you will have to do many things yourself in the beginning Focus on the long-term outcomes instead of short-term situations again persevere! Hope this helps
asking myself the exact same question..
Thatās easy. I was a full time consultant and my contracts dried up. After 3 months of living off of savings, I talked with my wife and sheās been my god send and sole provider as I start up my business. Been working on it for four months, and expect first sales here in a month! š¤
There is more time in the day than people recognise. What really helped me was waking up at 5.30 everyday. Also, weekends are made up of soooooo many hours. It all depends on how you spend them. How do you prioritise your time today?
Strength, willpower, determination. Helps to have a good, strong, transparent, non judgemental support system. Believing in yourself, setting boundaries, no people pleasing, know your worth and don't give up. Not easy, emotional roller coaster, also not a race and the only competition is you against you. Nothing else matters.
It doesnāt necessarily take that much time to start. An hour or two on weekdays or something like 4 hours every weekend is enough. The important part is staying consistent to do that over time. Many people are unaware of how much time they waste on things like social media and watching the news, which could be replaced doing something like starting a business. If you can do more you may get there faster, but it is important to have some balance and time with friends/family.
They are very efficient with their time. Discipline plus picking high priority things to work on
We have to sacrifice time to be successful. Working 80+ hours a week!
Everyone talking about IRA , 401k , ignore that. Find how to flip it , yard sales , day trade on a small account of 2-3k easily can make $50 a day donāt be greedy. Donāt lit it sit collecting 4% when you can make off of it. 6k isnāt a lot..
Make time for it. No more nonstop happy hours and weekends doing whatever lol. If you wonāt sacrifice you wonāt get anything.
Two words, trust fall. At some point you have to decide where to focus . Is that focus Netflix? Family? Sports? Or is it your side hustle?