Building a business is hard work. Here are some tips on how to grow your business without quitting your day job.
Ahmed Safwan wrote an article for Entrepreneur magazine with some fantastic tips on how to build your side business while you’re still doing the daily grind.
‘You won’t create a new life for yourself if you don’t change how you’re living your current one,’ reads the subheading.
So what are these life-altering nuggets of wisdom?
1. Sacrifice time with friends.
That doesn’t mean you ignore your kids, your spouse, or your friends. Just use your time wisely — limit that free time to maximize your time. Make a schedule and stick to it as though your life depended on it.
Don’t alter your schedule just to ‘have fun’.
But, be willing to adjust if you feel like you may burn out.
2. Seize opportunity with every minute away from your full-time job.
You think lack of money is the problem? Safwan says, ‘Time is the real resource you can’t create.’
You need to be a fast learner and apply what you’ve learned.
Also, use your downtime. If you have 10 minutes, use that time to make a business call.
3. Learn how to effectively manage your time.
Make your downtime work for you. Books are a wealth of knowledge is can be put down and resumed exactly where you left off, and even reading 10 minutes before going to sleep is 10 minutes put to good use.
4. Increase the intensity of your work.
Increased intensity of work means that you accomplish more in less time.
Cal Newport outlines a simple formula in his book, Deep Work: Rules for Focused Success in a Distracted World. Newport says that Work Accomplished = Time Spent x Intensity.
Ten hours at intensity two can accomplish the same as two hours at intensity ten. Which would you prefer?
Also, consider the Pomodoro Technique for time management.
5. Understand accountability is your best friend.
Find an accountability partner, or invest in a mentor.
6. Don’t spend money you make in the beginning.
Hold off spending early revenue. Save and make your money work for you instead of working for money.
7. Up your circle.
This does sound like it goes against tip #1, but spending time with people that think like you do will reinforce that mindset and you gain more in the limited time available.
As motivational speaker Jim Rohn said, you’re the average of the five people you spend the most time with. So up your circle.
There you go.
Those changes need to be made for you to succeed in a side business.
And speaking of books being a wealth of knowledge, here are some nuggets of wisdom from ClashDaily’s Big Dawg, Doug Giles.
Does your grandpa go off on paltry politicians, whether they be Democrats or Republicans? Does he get misty eyed when he talks about God and Country and America’s future? And have you ever heard him scream, ‘Awww … Hell no!’ when Rosie O’Donnell starts yapping on television? If you answered yes to one, or all of the above, then your gramps will love Doug Giles’ latest book, My Grandpa’s A Patriotic Badass.
Don’t be fooled by the title — this ain’t just for Grandpa.
The Snowflake Generation — and the rest of America — needs a good ol’ dose of ‘Grandpa wisdom’.
Especially if that Grandpa is Doug Giles.
You’ll love My Grandpa’s A Patriotic Badass just as much as Grandpa will.