#81: How to Balance Your Side Business With Your Full Time Work
Episode description
According to CNN, more than 44 million people have diversified their career and are earning multiple streams of income, many through their side business(es). Let’s be honest, starting a business while still employed elsewhere can be tough, but it’s often not as difficult as you might think.
In this episode co-hosts Lori Vajda and Nola Boea are switching places and are the podcast guests on the Writer’s Mindset podcast. Listen in as we share our tips and insights for how you can find balance between working your traditional day job and diversifying your career portfolio with a side business.
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In This Episode You’ll Learn
- Why having a steady income from your day job lets you make decisions on your new business, from a place of confidence rather than a place of fear.
- For many professionals who are actively diversifying their career, the goal isn’t to eventually turn their side business into a full-time gig.
- Working on your side business is often associated with burnout, but the opposite is often the case for this simple reason.
Key points Lori and Nola are sharing in this episode:
(04:07:84) A side business can be a lot of working, but it can also be the source of energy that fuel creativity and gives you a feeling of having achieved something meaningful.
(06:22:77) The common pitfalls people often fall into when they are balancing multiple responsibilities and potentially multiple sources of income.
(11:23.38) Why celebrating small wins lead to better longterm outcomes.
(17:55.50) This is the biggest challenge people face when specifically balancing a side business with that day job.
(24:26:17) How people can make the most from the time they have to manage that side business.
Resources
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Connect with Writer’s Mindset: https://www.writerscookbook.com/podcast/
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