On the other hand, a number of entrepreneurs believe that the two can be combined if you take into account some important things, such as learning time management skills. There are now many resources on the Internet to teach entrepreneurs the skill of combining the job with starting an emerging business.
1 - fixed income in the early stages
It is important to recognize that startups are not able, especially in the early stages, to generate enough money, so entrepreneurs need fixed salaries to pay for daily life and focus on the growth of the company through simple returns that may come out of the company's business. In the early stages, therefore, the job is considered a suitable solution to obtain a fixed salary alongside work on the emerging company.
2. Entrepreneurship as a second function
Many people now work in two jobs, often the first in the morning, the second in the evening, to get a larger income, you can consider entrepreneurship a second job, you do the rest of the day. Of course, knowing that doing so can greatly affect your social relationships, especially if you have family and children, but this is necessary, especially in the early stages of incorporation.
3 - a temporary situation until the company stabilizes
Of course you can not go on like this forever, you will reach a stage where you have to make a decision to completely break away from your job, and devote to your job. How do you know if this is the appropriate stage to do it or not? The key is "Can you get enough income from your company to cover the basic expenses in your life?" If yes, this is the right time to fully work on your startup.
4. Balance of experience in your current job
Sometimes your current business area may not be directly related to the business of the startup, but if your business is the same as the business of the startup, this is a great opportunity to gain experience, especially from your senior colleagues at work, Working out the difficulties they experienced, and how to overcome them to build a successful company.
5. Relationships will help you accelerate growth
Entrepreneurs are well aware that relationships are the core of emerging companies. Without relationships, entrepreneurs can not finish much of their business. Without relationships, there are many closed doors to entrepreneurs. Through your current job, you can establish relationships either with customers or even with your employees at the company, and use them later.
6. Ask your colleagues for advice
People often have a desire to help. Your colleagues at work are the most knowledgeable of the nature of the field in which you work. Ask them for help when you have a problem with your current company. Through this method you can provide the budget that you pay to counselors to help solve your problems.
7. Make use of the resources available to you
Imagine your company now, like your company after a number of years, that means making the most of the expropriation now available to you, whether it's relationships, consulting, or even clients. Resources may also be some other resources, such as market research and feasibility studies, but after agreement with the company's management and permission to use them.
8. An opportunity to get a free evaluation
If a number of colleagues at work have a reservation to help you, they certainly will not have a reservation to criticize you. This means getting a free evaluation from specialists in your field. Based on this assessment, you can modify your strategy or use these tips to develop a specific section of your company.
9. Obtaining an investment
Most people with the ability to assess the success of companies are supposed to be the specialists in the field, so you can consider all your colleagues as potential investors. Instead of going to risk capital from financing companies, you can focus on asking for money from co-workers, and in return they can get a percentage of the company as founders or get a percentage agreed upon by the company's profits.
10. Business incubators as an alternative to the company's headquarters
Many business incubators are now in the Arab world, providing free access to business for entrepreneurs, meaning you do not have to think about the money needed to rent an office for you or your employees. Business incubators also provide consulting services in the areas of marketing, management and feasibility studies, so you can benefit from these services free of charge in most cases.
translated Ahmed Badr Addine
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