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5 Ways To Stay Motivated While Building Your Business On The Side

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Building your business on the side

A common strategy for many aspiring entrepreneurs is to ease their way into it by building their business on the side while working a full-time job.

While this approach helps reduce the initial risk of diving head first into being your own boss, delaying the gratification of quitting your job to run your own business can take its toll on your motivation.

Here are 5 tips to keep your entrepreneur flame burning strong while working for someone else:

1. Keep it a secret

In theory, telling others about your plans to start your own business seems like a smart idea. Conventional wisdom says you’ll have others to hold you accountable. And it feels good to see people nod in excitement when they hear your plans.

But according to Peter Shallard, the shrink for entrepreneurs, telling other people about your big plans robs you of your motivation. You get all caught up in talking about your plans, instead of actually doing the work to bring your goals to life.

In addition, having people continually asking you about your progress can also zap your enthusiasm if you’re not progressing as quickly as they think you should be. Another consequence of spreading the word about your side business are the naysayers, people who will warn you about all the terrible things that could happen to you as a result of venturing out on your own.

Instead of running the risk of having other people rain on your parade, keep your plans to yourself. Make it your own little secret. Then use that private piece of information as fuel. For instance, every time you get frustrated with work, remind yourself that being there is temporary, because you have an exit plan.

It’ll help you pull through the tough days, and give you an extra dose of energy to make progress on your side business once you get home.

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” – Colin Powell

2. Work on it a little every day

Progress is an extreme motivator. When you see how far you’ve gone from where you initially started, it gives you an extra boost to keep advancing toward your end goal. The best way to make progress is to do something every day.

As you work your day job, it may seem difficult to find the time to devote to your side business. So don’t leave making progress up to chance. Schedule appointments with yourself on your calendar. And make showing up for them non-negotiable.

Don’t worry if you don’t have large blocks of time to devote. Consistently spending thirty or even fifteen minutes a day to grow your business will bring you far more results than longer, sporadic blocks of time once every couple of weeks.

The daily progress will help you gain momentum, which will further drive you to keep going.

 

3. Celebrate small wins

Building a business is a major undertaking, and there are multiple milestones you’ll need to hit to make it thrive.

To help you stay motivated during the process, you should celebrate your small wins along the way. Little bonuses will help energize you to continue to take action.

The rewards don’t need to be elaborate or even cost any money. They just need to be meaningful enough to you to inspire you to keep going.

 

4. Set a departure date

When I worked my corporate job, I used to work with a man that was counting down the days until his retirement. When I first met him, he had 186 days left. And every couple of weeks he’d let me know what the new number was.

Eventually, he retired and took his wife on that cruise around the world he’d been planning. It was a major life event for him, and he was understandably excited about it, even though for a while it seemed far away.

Having a finite date of when his retirement was to begin gave him hope, and a very clear light at the end of a long tunnel. When it comes to keeping motivated while you build your business on the side, you need an absolute date too. It doesn’t matter if it’s six months or two years from now.

Besides, a specified departure date will make the dream of running your business full-time feel more tangible.

 

5. Write your resignation letter

One of the most exhilarating feelings is handing in your resignation letter to pursue your dream. But there’s no need to wait until you officially upgrade your status to a full-time entrepreneur to experience some of that thrill. You can write your letter now.

Put the date on it that you set in the previous tip. The euphoria of writing the words will help you better visualize yourself being in the moment where your dream is your reality. The desire to give the letter to your boss will help get you in gear to do the work to help you be ready when the time comes.

“You are never too old to set another goal or to dream a new dream.” – C. S. Lewis

The journey to achieving your dream of running your own business full-time may seem long, but if you stay motivated and take consistent action, you will get there. And the sacrifices you make today to live your dream in the future will be worth it.

How do you keep your entrepreneur flame burning strong while working for someone else? Please leave your thoughts in the comment section below!

Sonia Thompson is a content marketing strategist who’s obsessed with roaming around Buenos Aires. She’s the founder of TRY Business School where she’s on a mission to help you build your dream business by combining the right mindset with the right strategy. Grab your free 3-part video series on How to think like an elite entrepreneur here.

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Success Advice

How Your Friends Determine Whether You Succeed or Not

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Can anyone do without having friends? We all have our friends, we share ideas with them, talk together, have fun, and fight. Yes, that’s the baseline of friendship. But, do you know that aside from you, your friends can determine whether you achieve success or not?

There are two things in friendship which are the ability to ”love” and the ability to “influence”. This means you are loved and you are influenced. How do your friends affect your success in life? How are they one of the biggest deciding factors of your success? Let’s find out.

What type of friends do you keep? 

First, what type of friends do you keep? Who do you call your best friend? There are two different kinds of friends, good friends, and bad ones. A lot of people have lost their pathway to success and some have also found their road to success all because of the friends they keep, the people they mingle with. 

Who is your best friend? Answer carefully. Having a best friend means you find each other compatible and understanding. Analyze who your best friend is. If your best friend has not motivated you to do something positive, if who you call your bestie has never given you positive advice, lastly if your best friend has never informed and advised you on your shortcomings, then you don’t have a best friend.

This quote tells us “birds of the same feather flock together”. Countless people have changed from their good nature into a bad one all because of friends. One thing to note is, “negative people move with negative aura”. If your best friend is filled with negativity inside-out then you will surely be affected by his/her negative aura.

They influence your success with positivity or negativity 

The friends you keep can either influence you with positivity or negativity because your friends have the power to change your kind of person completely. 

This is how your friends influence you:

  1. They influence you indirectly with what they do
  2. They influence you directly by teaching and giving you advice 

Yes, that is how they influence you. For instance, you watch a movie and you like the way the actor walks. The question is if you truly like the way the actor walks, won’t you try to imitate the actor? Of course, you will.

Just the way you imitate the actor is the same way your friends can influence you with their character. However, the funny part is, they don’t have to teach you to do things like them. You just find yourself imitating and copying them gradually.

An important question to ask is, are you imitating a good friend or a bad one? If you imitate a good friend then you will be good, but if you imitate a bad person, you will surely become a bad person.

Everyone wants to succeed, a good friend will always teach, enlighten, and motivate you for success. A bad friend will only motivate you to do evil things (smoking, drinking, fight, envy,).

And you should know that things like that are a great enemy of success and even of God. So, if you have these bad elements in your life, how will you achieve success? There is no way!

And also, they can teach and advise you directly. But, what do your friends teach you? When you ask them for advice do they inspire you positively or teach you the bad stuff.? A lot of people have regretted lifelong decisions just by listening to the advice of friends. 

The company you keep has the power to influence and change you. Never forget that a positive influence will teach, motivate, and brush you up for success. While a negative influence will inspire you to become a bad person, change your good nature, and leave you with regrets in the end.

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The 3 Step Process to Building a Profitable Pitch

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As a communication coach, one of the top questions entrepreneurs ask me is how to deliver a winning pitch to potential investors. They want to know if there’s a magic formula to get an investor to say yes and buy into their dream and their business. (more…)

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The 4 Pillars of Wealth and Abundance

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Have you ever wondered what the formula for a wealthy and abundant life is? Many people have. Lots has been written about the subject of wealth creation and living an abundant life. It was a breaking point in my journey and pursuit of success when I found out that there is a clear path to achieve success in life. Thanks to those who have shared their journey, we can clearly see and follow the principles of prosperity. (more…)

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Success Advice

Here Are 4 Reasons Why You Should Have a Podcast, Youtube Channel or Online Show

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why you should have a podcast
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Confidence comes from a place of strong understanding of self. After close to three years on radio, I’ve grown from a shy introvert to a shy introvert with an extrovert persona. When the mic is turned on, I can channel a version of myself that some say is attractive, strong, and of course, confident but it wasn’t always this way.

What I want to share with you is what I discovered on this journey into broadcast that you can apply to your life, your ventures, and your personal development. This doesn’t require any fancy gear. It does require a leap of faith on your part because once you go down the road of media; it can change your life.

1. Perceived Expertise

When you go to a doctor, you expect their knowledge will guide them to a solution to your problems. When you have a show, you become your listeners’ doctor. For all the multiple thousands, maybe millions, of YouTube channels, podcasts, and user-created content in the world, each person that gets behind a mic takes a position on their passion, their opinions, and their themes.

They challenge the status quo for the benefit of their listeners in hopes to entertain and educate. With consistency on your side, those fans place you on a platform and give you permission to influence them.

2. Global Acknowledgement

One of the benefits to increasing confidence is when you receive thank you notes from people you may never meet. The feeling of enriching someone’s life from halfway around the globe, provides validation you’re enhancing someone else’s life with your wisdom and your wit.

The very first time I was told I was making a difference in someone’s life in a country other than my own, I felt like I caused massive impact that transcends my circle of influence. When you experience just how much you can cause impact and it comes back to you, it’ll change your worldview.

“Be grateful for what you have and stop complaining – it bores everybody else, does you no good, and doesn’t solve any problems.” – Zig Ziglar

3. Backed By Numbers

One of the most exciting ways to measure success is to quantify your growth. It’s not enough to just broadcast. Having subscribers and downloads helps to know, numerically, how well you’re doing. Word of caution. This can be a way to set yourself up for distress because of number envy but if you understand what the numbers mean; you can control the narrative of the numbers.

The major number that makes most people smile is 10,000. I’d advise it to be 1. Here’s why. As you grow in your industry, so does your reach. If you learned that the one person that subscribed totally changed for the better because of you, wouldn’t that be worth the effort?

4. Effective Communication

While it’s not talked about much, having a show is documentation. You create a dynamic account of your life, your industry, and the pulse on what’s important simply by having a show. When you find a channel to improve your communication skills, you demand attention and people will listen to you. You become more trusted as a leader and people will follow you once they believe you can lead them to their wants and needs.

“To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.” – Tony Robbins

These insights have helped many people become leaders and, ultimately, move others to their best selves. It’s worked for me and I hope it works for you. At the end of the day, it’s all about showing up and showing out.

Have you ever thought about having a radio show? If so, what would you talk about? Let us below!

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