5 Easy Ways to Pursue Your Startup without Quitting Job

Nine out of ten startups fail, but it doesn’t mean that you should back off from your dream. Launching own business is a dream for everyone, but how many people pursue their dream is nearly countable. A number of startups do not take the step due to fear of failure while others might not initiate due to lack of finance or laziness.

Another mass of people who backed off from initiating startups is those who do not feel secure because they are getting a constant stream of income through a full-time job. They feel secure through these monthly paychecks, but don’t realize how a startup can help them enjoy the financial freedom and flexibility in the long-run.

No matter, what are the reasons holding you back; you can still start your own business without quitting the job. If you are interested in kicking off your own business, read this article to find how you can launch a startup without quitting your job.

1. Start with What You Love

Starting a business takes a lot of time and none can be established overnight. So what is the best you can do that you are passionate about and don’t require a lot of efforts? In other words, what is your favorite part-time hobby? Whether it is writing a blog, cooking, making videos or DIY projects, you have to pick the one that is relevant to your passion.

After you have successfully selected the one out of the list, now it is time to think of the ways you can make money. For example, if you are passionate about starting a blog on cooking, just write about different recipes and spread it throughout the online marketing platforms. You can compile a recipe eBook and sell it for as much as you like, but make sure it is not too high.

2. Stick to the Routine

Working full-time side by side with startup project is hardest due to an imbalance of routine. Startups and developed business need time and if you are not following the schedule, you will be completely laid off.

The solution is simple; you have to be your own boss and your own employee. Devise a plan like a boss and evaluate the progress. Similarly, act as an employee, set your deadlines and target your goals on daily basis. With honest accountability and organized schedule, you can get the time for both positions.

3. Invest in Your Business

One of the best things you can do about keeping your full-time job and working side by side on your startup development, you can invest extra savings in your business. Never go for the loan if you have a low salary and can’t manage your finances both on a startup plan and household chores.

For instance, you can invest in your business by purchasing equipment, getting services or hiring a person.

How will it help you?

The answer is simple. You can scale up your business gradually with the help of salary and savings. You don’t need to take an extra loan to scale up your business and save yourself from heavy debts.

4. Set Realistic Goals

You have to maintain a balance between your work life and social life. Make sure, to set realistic goals after reviewing your schedule. Check out what is the best time to start working on your startup after having a tough day at the office.

Don’t sacrifice your sleep, health, and social life. Setting realistic goals means, how comfortably you can manage your tasks. The best way to set realistic goals is to find out at what time you can be more productive and achieve those goals. However, if you are not managing those goals day to day, make some changes. The purpose is to take your startup to the next level without affecting your productivity and personal life.

5. Ask Why Did you start

Keeping your job and startup side by side will freak you out and you might give up in the beginning. However, the best way to get rid of it, you have to ask why did you start and what was your inspiration. If you are not getting the answer, probably you did not start well. Take some rest and make a way out on why you are stressing and losing motivation.

For inspiration, you can read the books, watch inspiration videos and follow leaders in your business area. Motivation and commitment will be the driving force to help you achieve success.

Conclusion

The benefit of quitting your full-time job is that you can focus on your startup without any excuses. However, meeting the day-to-day expenses and securing yourself financially through day job will help you manage finance and somewhat utilize it in your startup.

Startup for a full-time employee is a great opportunity, especially if you have a unique idea. You have to make sure that your business model and goals are measurable, truthful and verifiable. Most of the startups fail because they either end up in the middle of nowhere, lack of funding or unrealistic idea implementation.