Employee Entrepreneur

Working as a 9-5 full time employee and trying hard to start a new business/venture alongside, then you will need:-

1. Commitment: Working for yourself, your venture with a thought that it may replace your job or bring in a steady flow of revenue then; "Ask yourself that whether your passion for the new business venture is strong enough to surpass the frustrations and struggles of working all hours of days and night?"

2. Stay Organized: one has to work more hard to stay on top of everything when managing a full time job and a side business.

3. Prioritize: this is the only way to finish the task within deadline.

4. Constantly assess: while growing a business one is likely to try new projects and partnerships that may or may not work. To succeed you need to be in a constant evaluation mode.

5. Start small: If you aim too high and set unrealistic goals, you will likely find yourself discouraged and frustrated with your progress, or lack thereof. Balancing a side venture and a 9-5 full time job is tough; hence it is important to cut yourself a slack when creating objectives for your entrepreneurial venture. Celebrate each small success and recognize that each step leads you closer to long-term success.

6. Be Resourceful: When you are trying to run a business, you have to keep a record of a lot of details on your own. However if you are also working full time then it is not realistic to think that you can do everything of your own, especially if you don’t have the skills for the goals need to accomplish. Either partner with someone or hire someone.

Proactively build a network of trusted resources that you can rely on from time to time to keep your business' momentum going. For example, seek out a recent college graduate looking for experience to handle the day-to-day administrative work and gain real-life job experience.

7. Be Patient: small business takes time to be profitable. Make slow progress, as opposed to turning points and seeing business boom right away.          

8. Accept failure and criticism in stride: Don’t be discouraged when something doesn’t work out. Every mistake is an opportunity to learn how to do better next time.

9. Don’t forget to recharge: To start your own business you have to accept a workaholic lifestyle, but don’t forget to maintain a little balance in your life. Sometimes, you'll get inspiration or ideas in the least likely places. Don't underestimate how much keeping up with your day-to-day social engagements and routines may help you succeed.