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Here’s How to Start Your Business While Working Full-Time

You want to stand on your feet, kick-start your own business and be that Entrepreneur you’ve always dreamed of. You’ve probably been told several time that the only way you can succeed as an Entrepreneur is to jump into the business world with both feet.

Before you think of quitting that job, consider this: A paper appearing in an issue of the Academy of Management Journal finds that entrepreneurs who start off by working part-time on their new ventures-holding on to their day jobs while they launch their new companies-cut their risk of failure by a full third.

Working part-time at a new company gives you a chance to see if your idea, and chances to execute on it, are any good before you leap in. You also get a learning experience about the enterprise in question and get to know if you’re suitable for it.

As a first time Entrepreneur, you also cannot guarantee if the small business venture will succeed, so the best option is to minimise the financial risk by initially keeping your full-time job and working on you startup during your free time.

Even successful Entrepreneurs had at one time of their Entrepreneurship journey being at this stage where they had to work full-time and work on their startup. Pierre Omidyar launched eBay while at another software development company. Henry Ford founded the Detroit Automobile Company while employed by the Edison Illuminating Company.

Keeping your full-time job while starting your business will almost certainly be the busiest periods in your professional life, but it’s worth it. You maintain a stable income while building a future.

Here are a few strategies to making it work:

Validate Your Business Idea.

The #1 reason why most businesses fail is lack of market need for their product. You should validate your business idea, to avoid creating a product that nobody needs, or one that doesn’t work. Validating your idea involves getting honest feedback from potential customers before you start building, creating, and spending money.

As humans, it’s normal to think that we are right and our ideas are amazing. It’s easy to take off with an exciting new project in mind and work inside of your little bubble without ever involving anyone else for feedback during the process.

Channel your excitement into a positive, calculated direction, and intelligently test your way into assumptions about your potential new business before jumping aboard and setting sail.

Set Goals.

In setting your goals, consider your business plan and make sure your goals are detailed, measurable and realistic. If you want to turn your business into a full-time venture, come up with a rough idea of when you’ll like to begin this transition.

Create a schedule by mapping out yearly, monthly, and weekly goals, and keep track of them along the way. Making and meeting goals will help you stay on your timeline, which will help ensure your business’ success. On the other hand, if you don’t intend to leave your full-time job, determine how much time you’re willing to put into it on a daily and weekly basis, and then create a plan to help you stick with it.

Do a Lot of Outsourcing.

This one is all about focus. Look for opportunities to outsource every possible part of your business creation that you can. Could you hire someone to do it better, faster and, ultimately, break even or make more money during that time? If so, do it.

Entrepreneurs know how to make the most of every situation and resource they have. It’s the best skill you can hone, and you don’t need to make a major change to start. Figure out today what you could do to better to maximize your time, get rid of dead weight and take care of both kinds of business.

See Your Job as an Advantage.

No matter what kind of job you have, make sure you consider it as a blessing, not a curse. It isn’t holding you back, it’s keeping you afloat. You need that paycheck because otherwise you won’t have enough money to live on while you get things going. You’re lucky, because capital from your current job is there every couple of weeks. Most investors want to see that entrepreneurs are investing in themselves first, and you need a paycheck or savings (preferably both) to make that happen.

Plan Your Days Well.

It might sound impressive when someone works 36 hours straight, but you’re definitely not managing your time or your health with that approach. Actually, few businesses are built on that strategy. It’s the little, consistent daily things you do that add up to make or break a startup. Stop the busy work, get rid of distractions and give both your job and your venture the laser focused attention they deserve.

If your job takes up 40 hours of your time each week (give or take), account for it and figure out how to maximize all those other hours. Sleep should still be a priority, as should some daily exercise. Still, there are 72 hours in a week to do with as you wish beyond your 40 hours of work, so spend them well. Successful entrepreneurs manage their time, they don’t wish for more of it.

Interiorscape Trends for Businesses

The interiorscape trend is taking the business world by storm today. More and more businesses are paying attention to their employees’ environment, and as a result, interiorscape trends have become a hot topic in the world of business and space planning. Workspace environment has come to mean so much more than just the furniture and the room’s layout. Through interiorscaping, businesses help employees become more productive, feel less stress and enjoy their jobs more.

What Is Interiorscaping?

Interiorscaping is bringing natural elements indoors. This can include letting in more natural light as well as using living plants as décor elements. It is certainly not a new concept, as people have been trying to bring the outdoors inside for many years. It is the way that it is being done today that is revolutionary.

Interiorscape Trends in the Business World

Savvy business owners and managers understand the value of interiorscape trends and incorporating them into interior redesign projects. By paying attention to employee well-being, productivity and atmosphere, companies can increase their bottom lines. Improvements in the work environment boost employee retention rates, make for happier employees, and in return, staff that is willing to work longer and harder at their jobs. So, what interiorscape trends are businesses implementing?

Water features: The sound of water is soothing and peaceful. It helps reduce stress and makes people feel calm. When water features are added to a business’s décor, employees are able to make better decisions because they feel less pressured. People communicate better because tempers do not rise so easily.

Feature walls: Both Google and Twitter have implemented large feature walls that are alive with green plants. These walls make the air cleaner and make employees feel more emotionally balanced. Not only do they look great, but it has been estimated that spaces with more greenery help increase productivity by as much as 12 percent.

Natural walls: Instead of building walls with man-made materials, businesses are creating divisions with natural elements like wood, grass and other materials that are normally seen outside.

More windows: Natural light decreases the need for other lighting that can cause headaches and stress. More windows have been shown to improve mood and energy levels, thus increasing everyone’s productivity and engagement.

Professional Installation and Maintenance

Natural elements do require more maintenance than synthetic elements. Certain plants will require specific temperatures to thrive. The right amount of moisture must be present in the air. The correct lighting is also a consideration. And of course, plants need someone to care for them. For this reason, any business that plans to implement interiorscape trends in their facility design should consult a professional. Those who specialize in interiorscaping can advise you on the best plants to include. They will also be able to inform you of the costs of upkeep to ensure that your environment stays healthy. A professional interior plant service can even do the design for you and help you manage your natural environment. This will save you money now and in the future. Contact a professional today who can help you implement these concepts in your company, to ensure that you get the best value for your interiorscape investment.

6 Tips To Hire The Right Business Coach For You

In previous articles I covered the what and the why of business coaching, so today I’m going to share the how with you.

You do know that the how always comes last, right?

Most people try to make the how the first step and then they walk away; head hung in despair, because tackling the how didn’t achieve the desired results. Sound familiar? I digress, but I wanted to make that point. Just a friendly reminder: Answer the why and the what first, please, then get on with the how.

Ready?

Alright, how do you hire a business coach? And not just any business coach. How do you hire the RIGHT business coach – the person who is going to take you from second gear to supersonic speed easefully and joyfully? How do you find the perfect coach for you and your business growth?

The simple answer:

Ask.

Yep, just ask. First, ask the universe. Say: Hey, infinite intelligence (or something along those lines), I need your assistance here. Could you please place the right person in my path so that we can make magic together?

Then when it feels right, ask your colleagues (you know, other successful entrepreneurs), about their experiences. And be open to discovery.

For you list lovers and detail divas, here are some of the key (and often overlooked!) fundamentals to look for when hiring a coach. Here is the short list to ensure you hire a business coach who is the perfect match for you:

1. You need to like them. Look for someone you would want to be friends with in your personal life. Feeling comfortable talking to your coach will lighten the tone of conversation and make you more apt to divulge important details that will maximize your improvement process. You want this to be a productive relationship, right? So you’ve got to like your coach.

You want to enjoy talking with them, spending time with them, and you want to look forward to your coaching sessions. You don’t need another “to-do” or “should” in your day. So be sure to hire a coach you want to spend time with and with whom you can be your authentic self. You’ll get more done that way and it will be a lot more fun, too!

2. You need to trust them. You’re heading into the trenches with this person and you’ll need to trust them whole-heartedly with your business and to some extent, your personal life. If you want to realize your greatest success, you must be willing to be completely vulnerable and reveal the nitty gritty about your business and life to your coach. Hence, the trust factor needs to be at an all-time high.

Knowing your coach truly cares about and respects you, as an individual, is paramount. Knowing your coach cares about your success and whether or not you reach your highest goals can be the difference between accomplishing them and staying put.

3. You need to admire them. Your perfect coach is someone you admire. They have a business style that you admire. Their values are in alignment with yours. You respect the way they conduct themselves and their business. Their philosophy and outlook match yours. You find yourself thinking, “I want my business to be like theirs.” You know what I mean. Your right business coach is someone you want to emulate – and not just because they’re successful.

4. You need to feel heard. An ideal coach listens more than they speak. YOU know your business dreams better than anyone else. Your coach will help you achieve those dreams. And if they’re going to do that well, they need to be able to tune into your goals – not theirs. You want them to listen to your preferences in order to develop personalized solutions and strategies tailored to your business.

But none of that will happen if they’re preaching to you the entire session or ignoring your input or worse yet, working toward goals that make them feel successful as a coach instead of concentrating on what makes you feel successful.

5. They have proven results and success stories. The coach you hire should have a long list of successful coaching experiences. Ask around – word of mouth might get you exactly the right person to work with. Find people you can speak with about their experiences. Make sure the coach you hire has current testimonials in addition to those from years ago and those from their own coaches promoting how great they are (you know what I’m talking about here, right?).

6. They are on fire with inspiration and energy. You’re not going to get pumped up about making changes and doing the hard work of building your business if your coach isn’t enthusiastic. Look for that sparkle – that something extra – that makes your coach stand out from the rest and has you saying, “Yes, yes, this is MY coach!”

Your perfect coach will motivate and inspire you. They will meet you right where you are with compassion, not judgment, and see you through with their energy and commitment. They will find the options and action steps that are right for you, enabling you to go farther, and faster, than on your own.

Once you’ve found the right coach and have wisely invested your precious resources – your time, energy, and money – you will find that you look at everything from a new and broader perspective. You will have a newfound confidence, and your style of thinking will be bolder and more creative, providing you with ever increasing opportunities for business growth.

Now is the time to ask yourself:

Am I ready to become serious about developing my business in a way that optimizes my potential?

If you answer YES, then you are definitely ready to hire a business coach.