Categorized | Entrepreneurship, Key Topics

The pro’s and con’s of working part time whilst starting your business

The pro’s and con’s of working part time whilst starting your business

Article by: Bobieh Ansah of Flyprints

All entrepreneurs including I have the dream being free.  We’re all free thinkers who have the desire to step out of mediocrity and claim our rightful spots as masters of our universes. (Wow I need 2 stop watching Conan) doing what we want, when we want how we want to do it. FREEDOM (Brave heart accent)

However, it’s not easy especially if we don’t have parents throwing cash at us. The risks are high , you have close people undermining your confidence and you have other responsibilities. Funding is out there but it’s difficult to attain if there aren’t any social aspects to your business. So, most of us will  have to work a part time job whilst launching our businesses. I currently work part time at a supermarket and at times I have seriously considered quitting my job because the I’ve hated it.



The pros

One of the benefits of working part time whilst starting you business is that you can learn things from your job. Waitrose (supermarket) has excellent customer service and whenever a customer has a issues with a product or service Waitrose (supermarket) compensates the customer 9 time out of 10. I unknowingly adopted this trait. I had an issue with a previous customer of mine and responded in a Waitrose fashion.

What happened was I had printed some tops a day before a concert and needless to say I had spelt one of the names wrong.  I found this out at 12pm in the evening so, i had until 4pm the next day to replace the top. (i would also lose my profits and incur a cost). In the end i managed to replace the top (free of charge) and I said i would give her a free top if ever she needed it. This allowed me to protect my company’s (FLYPRINTS) reputation and also generate positive word of mouth.

(Click link to read the article about this particular example http://flyprints.co.uk/blog/flyprints-dances-to-diversitys-beat/)

One of the most obvious Pro’s is receiving financial stability. When you start a business it may not bring you financial returns instantly and you still need an income to live as a result, a part time job allows you survive whilst launching your company in the difficult stages.

You meet people. At my work place almost everybody has a degree or skill so I have access to an a huge pool of resources for example Legal advice, Connections to india, Graphic designers, Film producers and dancers etc. Consequently because I know these people I can get information or services for free or at at a discount.

The cons

One of the major cons of working part time is that it can interfere with your business. Whilst in the process of doing an important job I have had to stop and go to work. This always seems to happen when I have little time to complete the job. Consequently, in these situations I’ve had to rush the job, loose clients and in general miss opportunities.

Because the part time job isn’t my passion it can be so boring. I sometimes feel as though I’m losing my intelligence because I’m not learning anything new. One of the principals I live by it to work to learn not to earn and at my part time job I’m not learning anything new, I’m only in it because it pays the bills.

Tips to help you cope though this difficult stage:

Save your holidays and sick days- At my part time job there are a specific number of times you can call into sick work without getting into trouble. So therefore if I really need to be away from work at a short notice I can call up sick. I know it’s unethical but at desperate times it can be a life line.

Build strong relationships with your managers- A while back I needed time of work and I had used up all my sick days. Because I had a good relationship with my manager I was able to leave early on the condition i would work of the hours another day.

Be friendly with your fellow employees- This should be done naturally and sincerely, when you have a friend at work you have someone who can cover for you.

Do you research- Whilst at my part time job I found out that they subsidies small courses. This meant I was able to take a course related to my business at a fraction of the price.

Complimentary job- Find a part time job that compliments your current business, so you can learn skills that directly apply to your business.

To conclude, at times I hate my part time job and in a perfect world you would spend 100% of my time working on my business however, life is unpredictable and  you need to find happiness in the here and now. I’ve realized that I have made some good friends and had some good times.

HOW DO/DID YOU MANAGE  THIS DIFFICULT STAGE SHARE YOUR THOUGHTS?


Related posts:

  1. £3500 University grant + £10,000 working part-time = Business, Meet Steve Burford.
  2. Leanna Archer – Starting a business at age 9
  3. Starting up your own home office
  4. Twin Brothers in business – From selling Lemonade into building a series of successful business ventures
  5. Choosing the right Co-founder for your business

This post was written by:

- who has written 742 posts on YHP | Your Hidden Potential.

My name is Joseph Ajilore, Founder of YHP.

Contact the author

  • http://topsy.com/yourhiddenpotential.co.uk/2010/07/13/the-pro%E2%80%99s-and-con%E2%80%99s-of-working-part-time-whilst-starting-your-business/?utm_source=pingback&utm_campaign=L2 Tweets that mention The pro’s and con’s of working part time whilst starting your business | YHP|Your Hidden Potential — Topsy.com

    [...] This post was mentioned on Twitter by josephajilore. josephajilore said: The pro’s and con’s of working part time whilst starting your business: The pro’s and con’s of working par… http://bit.ly/biLyu0 [...]

  • http://www.innerwestlive.com.au/?p=4231 Inner West LIVE

    A car free week…

    We found your entry interesting so have added a Trackback to it on the Inner West Live weblog :)

  • http://twitter.com/helenthornber Helen Thornber

    I'm working full-time and I think this is a great post. I definitely agree that there are things you can learn in your day job that enhance your business. It also gives me the motivation when I'm doubting my abilities to pull off my own business, reminding me that I want to work for myself and not other people. I'm lucky to have a brilliant boss and lovely colleagues who are supportive of me building my own business, and to have flexibility and generous holiday entitlement that allows me to juggle business with the day job. It also helps in setting business goals, currently I'm aiming to go part time as of January 2011, but I have to have made a certain number of sales to do that from a financial perspective. It gives me focus and determination, and while I wish I had those 40 hours a week to spend on the business, the benefits of that sacrifice far outweigh the downsides in the short term.

  • flyprints

    it's nice to hear stories like yours, so motivating. I think at times some people sugar coat what it actually means to be an entrepreneur. It's hard balancing living right now with planning for the future. Stay positive and keep us up to date. We want to follow your journey.








  • Popular
  • Latest
  • Comments
  • Tags
  • Subscribe

Archives

Join the YHP community

Subscribe via RSS

Categories

YHP Calender

July 2010
M T W T F S S
« Jun   Aug »
 1234
567891011
12131415161718
19202122232425
262728293031