{"id":4418,"date":"2015-07-16T19:29:23","date_gmt":"2015-07-16T23:29:23","guid":{"rendered":"https:\/\/futurpreneur.ca\/?p=4418"},"modified":"2024-02-14T10:38:16","modified_gmt":"2024-02-14T15:38:16","slug":"tips-for-balancing-your-new-business-and-a-full-time-job-part-3","status":"publish","type":"post","link":"https:\/\/futurpreneur.ca\/en\/blog\/tips-for-balancing-your-new-business-and-a-full-time-job-part-3\/","title":{"rendered":"Tips for Balancing Your New Business and a Full-time Job (Part 3)"},"content":{"rendered":"<div id=\"attachment_36382\" style=\"width: 501px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-36382\" class=\"wp-image-36382  \" title=\"side-business-grow\" src=\"https:\/\/futurpreneur.ca\/wp-content\/uploads\/2024\/02\/side-business-grow.jpg\" alt=\"\" width=\"491\" height=\"357\" \/><p id=\"caption-attachment-36382\" class=\"wp-caption-text\">Photo Credit: www.forbes.com<\/p><\/div>\n<p><strong>Part 3: The Power of Re-commitment<\/strong><\/p>\n<p><em>This is the last of a three part series on working a full-time job and starting a business. You can find part one <\/em><a href=\"https:\/\/futurpreneur.ca\/en\/2015\/balancing-business-part-1\/\"><em>here<\/em><\/a><em> or part two <\/em><a href=\"https:\/\/futurpreneur.ca\/en\/2015\/balancing-part-2\/\"><em>here<\/em><\/a><em>.<\/em><\/p>\n<p>Imagine for a moment you hold a full-time job and in the last four months you\u2019ve launched a part-time business. You were excited when you started, but lately you\u2019re feeling tired after work, in the last two to three weeks you haven\u2019t done much and your productivity has come to a halt.<\/p>\n<p>Now what?<\/p>\n<p><strong>Old self<\/strong><\/p>\n<p>Realize that your old self is rebelling, as it wants to keep the status quo\u2014after all you are breaking into a new way of living and thinking. You are being tested. Do you really want this? By its very nature working full-time and starting a business is a series of stumble, fall, get up, start again, stumble, fall, get up, etc. Each day is a new day, commit to starting, or re-starting.<\/p>\n<p><strong>Break down your goals<\/strong><\/p>\n<p>The key is to break down your larger goals into its smallest units. Success comes in small increments\u2014do not get fooled in believing success happens overnight (especially if you believe you have a great idea).\u00a0\u00a0 A wonderful book that extolls this principle is <a href=\"http:\/\/www.amazon.ca\/The-Compound-Effect-Darren-Hardy\/dp\/159315724X\">The Compound Effect<\/a> by Darren Hardy. In essence, one drop in the bucket each day adds up to a full bucket, or a successful business in the long run.<\/p>\n<p><strong>Consistency wins <\/strong><\/p>\n<p>All the goals in the world won\u2019t matter if you don\u2019t develop healthy habits. Create the right space (see part one on the <a href=\"https:\/\/futurpreneur.ca\/en\/2015\/balancing-business-part-1\/\">Harmony Schedule<\/a>). The right environment starts with consistency \u2013 setting a schedule and sticking to it. Studies show when you schedule a task at a certain time in the day you\u2019re more likely to do it than if you do it when you \u201cfeel like it\u201d.<\/p>\n<p><strong>Compassionate Objectivity<\/strong><\/p>\n<p>Let\u2019s go back to that example in the beginning where in the last two weeks you haven\u2019t done much on your business. Some will be hard on themselves (\u201cI\u2019m not cut out for this,\u201d or, \u201cI\u2019m dumb with numbers). Others will find excuses with their circumstances (\u201cI had a rough week, too much is happening\u201d).<\/p>\n<p>I really like what <a href=\"http:\/\/www.hillaryrettig.com\/\">Hillary Rettig<\/a> has to say about handling times like these by using <a href=\"http:\/\/www.hillaryrettig.com\/2014\/06\/05\/meet-compassionate-objectivity-antidote-guilt\/\">Compassionate Objectivity<\/a>. Compassionately objective people forgo unproductive blame and shame, but that doesn\u2019t mean they don\u2019t take responsibility. \u00a0In the compassionately objective response, one doesn\u2019t belittle oneself. The focus remains on the areas one can improve \u2013 and not labelling oneself or giving up one\u2019s power to circumstances.<\/p>\n<p>For example you can re-examine last week when you come home tired. \u00a0You can look at \u00a0what transpired \u2013 you made dinner late, had a glass of wine and decided to watch a relaxing show only to realize it was already 10:30pm. You can then rewind and say you actually needed a break, instead of telling yourself you were lazy, and in the future you will set up a time for <span style=\"text-decoration: underline\">both<\/span> the work you will do and a break afterwards. \u00a0You can decide to schedule on Thursday at 7:30pm you\u2019ll email your suppliers and at 9:00pm you\u2019ll watch your favourite show.\u00a0 Do everything in your power to start the task on time. Your motivation can come after you start the task, knowing you\u2019ll be rewarded later that evening.<\/p>\n<p>These are small shifts, but in the long run they add up. \u00a0If you work full-time and have already started a business part-time, I wish you continued moments of growth, insight and action. If this is something you are contemplating, I hope you can see that you have the power to make it happen.<\/p>\n<p>If you need help in getting you set in the right direction check out our free <a href=\"https:\/\/futurpreneur.ca\/en\/resources\/start-up-business-planning\/tips-tools\/business-plan-writer\/\">Business Plan Writer<\/a>.<\/p>\n<p><em><strong>Written By:<\/strong> Dominik Loncar, Futurpreneur Canada Entrepreneur-in-Residence, dloncar@futurpreneur.ca<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Part 3: The Power of Re-commitment This is the last of a three part series on working a full-time job and starting a business. You can find part one here or part two here. Imagine for a moment you hold a full-time job and in the last four months you\u2019ve launched a part-time business. You [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4419,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-4418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-futurpreneurs-and-partners"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/4418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/comments?post=4418"}],"version-history":[{"count":0,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/4418\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media\/4419"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=4418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/categories?post=4418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/tags?post=4418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}