FIERCE (Energy). Canada 150 Recommendation #138

Tuesday’s= Starting a Business


Getting a new business off the ground will take long hours. There is much to be done and you will want to do many of the necessary tasks yourself. Most people will need to get their business operational in a reasonable time. It is unlikely that you have a year to leisurely get your business started during which you do not need to make any money.

One model that has sometimes worked for people is to start your business on a part-time basis while you still have a full-time job. There are several advantages to this strategy. First of all, you will get a much better idea whether or not your business idea appeals to customers before you make the leap into full-time employment. Secondly, you will have a lot of experience with the work before you quit your day job and thus have the opportunity to refine your product and your procedures. However if you do this, you will need to be an energetic person to work a day job and run a small business in your free time.

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