We are now walking into an age of entrepreneurship for everyone. Even if you don’t fancy starting your own full-time business, you should at least start a part-time business. If you want to know why keep reading.
Everybody’s creating multiple streams of income
Multiple streams of income, multiple streams of income, multiple streams of income! If there was one reason why you should at least start a part-time business this is it. The world is changing as you can see around you. We are entering into the unknown and technology is advancing faster than we ever known before. Automation is taking jobs away and replacing them with skilled expertise.
The world is changing
People are changing, their behaviours are changing and the way they spend is changing which means the way businesses operate is changing. Millionaires and billionaires from around the world know that relying solely on one income is foolish. They rely on multiple streams of income such as savings, investments, businesses and real estate. Not all of us were gifted with their expertise or family upbringing or even their sheer drive. But what we were gifted with, was being alive in this era. Today we have more resources available to us than ever before, it has never been an easier time to start a business than it is today.
Never rely on just one wage
Starting a full-time business means moving away from the security of a full-time job, a job that you may actually enjoy. Not many have this privilege, so if you do then stick with it because good jobs are hard to come by. But statistically it is never wise to just rely on one wage as anything, anything could happen to that one source of income which could leave you in dire circumstances. This is why you should at least start a part-time business.
Not only is it wise to do so financially, but you will also grow mentally as a result of the skills you have learned. The skills you learn will also help you in your full-time job. This is something I hear time and again within my business network. Usually in full-time careers workers only get to be responsible for one area of a business, and only a fraction at that.
More responsibility and accountability
With a part-time business, entrepreneurs get to put more hands in the pie so to speak. This usually satisfies their needs of having more responsibility and accountability in their lives that they may not necessarily have in their full-time careers.
As a result, workers start to see how vital their function is within the company and not just the role they were employed to do. If more employed people had the mindset of an entrepreneur we would see fewer office politics and more company growth, as focus and drive would help the company to succeed.
Because it’s fun
Believe it or not, it’s actually fun to run a part-time business. Not only do you get to learn new skills but you also get to make new friends. And not just from your home country but from all over the world. You will never be bored of running a part-time time business and the thought of where it could eventually go gets those creative juices going.
So here are the main reasons why you should at least start a part-time business. Go ahead and buy a domain, even if it just your domain for now and see where you can take your business. For help or advice feel free to contact me. I offer a free, no obligation, 15-minute skype consultation on getting you started in your first business. If you want to know how to build a business whilst working full time click here. If you think anybody else would benefit from this article please feel free to share and help a friend in need.