Running a side business from home is a great way to earn some extra income and fulfill your entrepreneurial ambitions. But, as appealing as it sounds, the one thing that holds a lot of people back is that they think that they won't have the time, especially with working on their day job too. Here are 5 tips to help you find time to run a side business from home whether you hold down a full time job or not.
1. Take Advantage Of The Internet.
It's no secret that more and more people are buying goods and services online. E-commerce is the fastest growing retail market with an estimated US$520 billion spent online last year and this is set to increase in 2015. In addition to the huge potential audience, the low start-up costs and time-saving automation, you can set up a part time home business online even if you don't have your own products to sell.
2. Plan Your Hours.
You will have to find some time to work on your online side business. To do this, you can get up an hour earlier in the mornings, work two weekends a month or spend your lunch hour working on your internet business. If you commute to work via train you can work on it then, too. You can also cut down on the amount of hours you spend sitting in front of the television.
3. Learn On The Go.
You can use small pockets of 'dead time', for example driving to work, waiting in offices, waiting in airports, waiting for the bus etc to be productive. You can read or listen to things that will help in your business and increase the efficiency of your daily tasks. There are many podcasts that provide a wealth of information that you can download your mobile or tablet device.
4. List Your Priorities.
Written lists are one of the best tools when you're running a side business. After you have written your list, give each item a numbered ranking based its priority. Set up time tables to help you prioritize what you need to do. There are many distractions when working online, from emails, other websites and social media etc, so deliberately switch off these distractions whilst you are working.
Don't waste your time, effort and energy on tasks that can be done by others. You can outsource such tasks as graphic design, article writing, website construction. Others can do these tasks better and more efficiently than you can and your time is better spent on growing your business. Also take advantage of online software that can automate tasks for you.
Regardless of your age, education or technical skills there are no specific requirements for being a successful online entrepreneur. However you will be more successful if you have a solid business model to work from, clear direction and support. If you don't know where to start or you're not achieving the online success that you want, check out this FREE Online Business Video Series