Tips to get your Entrepreneurship off and running
One of the best of the small business associations is the
University of Central Arkansas Small Business Advancement
National Center (SBANC.)
While the ideal way of starting a small business would be to
free yourself up from every other venture, problem, time
consuming effort and obligation and throw yourself into starting
a small business every waking moment, this isn't an ideal world.
Few of us can afford the luxury of setting everything else aside
to devote all our time and efforts, as well as capital - to
starting a small business.
Some of us have the itch to become an entrepreneur but have to
"keep our day jobs" while we give this starting a small business
idea a go. It may well be, in fact, that starting a small
business part time is the most common entrepreneurial process.
Part of succeeding at starting a small business if you have to
do so part time is to know your schedule and your time
limitations and choose a business concept that you enjoy, have
some training or expertise in and can be accomplished around
your work schedule. The other alternative is to change your work
schedule either with your current employer or choose an
alternative employer. Starting a small business takes effort and
focus as well as time.
It may be that your current job is not only time consuming but
also the type of work that requires a great deal of energy, a
great deal of concentration, a very regimented schedule and
perhaps the responsibility that tends to have you taking your
work home with you either actually or mentally. This sort of
work style doesn't lend itself well to starting a small business
part time.
Let's look at an example of a journalist who has a successful
writing and editing business from her home office. When she
decided she was interested in starting a small business she had
been working for many years in newspaper management. Her
executive responsibilities required 70 and 80 hour workweeks and
even then she took work home.
After many years of this she began to think more and more about
her dream of starting a small writing business. It called to her
more and more urgently. But how was she to even think of
starting a small business when she had little time, energy or
focus left in her busy work week? Besides, she had to work to
keep the roof over her head.
What she did to determine if starting a small business was even
possible, was to sit down and write out a budget, deciding where
she could eliminate some non-essential expenses in her life, and
what she absolutely had to have to live on. She then looked for,
and found, a job that not only brought in enough money to live
on but freed up a lot of her daytime work week hours as well as
her mental focus. She took a customer service job in a call
center.
Starting a small business was going to be possible with this job
where it had not been with her newspaper career for a number of
reasons. It required considerably less mental acumen, it didn't
require that she take her work home with her, it was easy, the
hours were flexible (she worked 3pm-midnight Thursday through
Sunday) and the dress code was highly casual. She could work all
day starting her small business and then don her jeans and go
into the call center in the evening. Now she's quit that call
center job and her dream of starting a small business has been
fulfilled. Her business is thriving and she works at it full
time.
You will find links to other small business associations from
the SBANC site. These small business associations include the
Service Corps of Retired Executives (SCORE) offering one on one
counseling in person or online, the Small Business
Administration (SBA) and its Small Business Development Centers
which provide a ton of small business assistance including
mentoring, training, publications, tapes, workshops and
financing, Allied Academies - a worldwide research and training
group, the Small Business Institute which provides
entrepreneurial teaching and training, and the Federation of
Business Disciplines, a group of educators devoted to small
business teaching conferences.