A part-time business is a great way to start. Going all-in on a business without first testing the waters and gaining experience can be risky. When I left a high-paying corporate job to work for a start-up I didn’t just make the move one day. I worked for the StartUp evenings and weekends before making the switch.
Here is why starting part-time is a good idea:
It gives you experience:
Starting out part-time gives you experience and a good base prior to making the leap to a full-time business owner. It also allows you to establish yourself, without relying on your business to be your sole source of income. This can reduce the pressure and stress of getting started.
You’ll have confidence that people will pay you:
Many people want to start a social media business because people ask them about social media, or because they see an opportunity. What they don’t know is whether or not people will PAY THEM to do social media. I can tell you now, plenty of people will pay you to run social media, but you may need time to find the right kinds of clients who have budgets.
It can be managed part time:
Managing a few social media accounts for small businesses doesn’t have to be a full-time job. If you can carve out time to consistently commit to your clients, you’ll be able to manage a few clients in addition to a full-time job. Just make sure that you have the time consistently set aside.
You can make extra cash:
A part-time social media business is a great way to make some extra $$ in addition to your regular income. If you are thinking you’d like to be a social media entrepreneur, this extra income can build you a base that you can use as seed money for your business.