The Full Time Entrepreneur: Let’s Make Your Side Business Your Main Job | Online
About this class
Thousands of people across the US have taken on a side business, nearly 80,000 in 2014 alone. Many people dream of one day replacing their day jobs with their after hours projects. Taking the leap is inherently scary, what happens if there is no safety net when you land? Turning your 5-9 side business into your 9-5 job doesn’t have to be crapshoot, instead it should be a well thought out plan. Let’s discuss your exit strategy including a timeline, budget, organizational tools, investors and case studies to get your business on track.
Takeaways
- Create a timeline and set goals for turning your part time business into your full time career
- Build out your 5 year plan and beyond
- How to create a real budget: how much money do you need to live?
- Outsourcing and delegating tasks as you bootstrap
- Create systems of organization to keep your small business on track
- Find sources of income beyond your 9-5 job
Prereqs & Preparation
- Please come with a business idea or currently have a business you are working on.
- Must bring your laptop
- Recommended by not required: A print out of their financial report from Mint.com (free to print out, I will not review their financial statements, they will use it for a personal exercise).
