Q&ACategory: Starting BusinessHow to start a business while working full time
Tem asked 1 year ago

What is your best advice for starting a business while working a full time job that has no flexibility with booking time off.

1 Answers
Melvin Wong Staff answered 1 year ago

Hello Tem,

I actually started my first startup on a part-time basis. Good thing that the nature of my full-time work allowed me to do my part time business at once, because both are IT related desk work (I don’t have to travel around and just sit at the desk). I’ve seen some people doing it, heck even my own staffs did it. But did I care? Well, as long that they completed the company’s tasks within our expectations and there was no conflict, it didn’t bother me at all. I’m not advocating that you should do the same because it may be very risky for you to do your own side business at your employer’s office. Discretion is advised.

Nevertheless, here are some ways to juggle a fulltime job and parttime business.

  • Do it after work. This is the most obvious solution but may not be the best. I have a student who is a doctor and yet she find time selling hand-made soap online. You may be rather tired after a long day at work. If so, do it on weekends. Fanduel’s founder Nigel Eccles did that when he started his unicorn company.
  • Get a partner. So that both of you could balance the workload – taking turns during after working hours to work on the business. The parttime hours each contributes becomes a fulltime when you sum both up.
  • Outsource. Get people online to work for you. Your job would be to monitor their progress. It’s always better to get someone local to outsource to, that way it’s easier for you to manage and control. Keep in mind that timezone difference can be a HUGE hassle, especially if your window to run your business is limited. It CAN be a bonus too. You leave your job in the evening while they start doing work in their morning.

Again, all the above depends on the nature of your business. If you could provide more details, I can help you better.

Melvin Wong Staff replied 11 months ago

Hi Tem,

Just checking in to see if you need more assistance. If you do, please leave a comment here.