You are currently viewing How to Start a Side Business While Working Full Time

How to Start a Side Business While Working Full Time

  • Before you start a side hustle, read the non-compete clause in your employment contract to make sure it’s allowed.
  • Do not work outside during your normal working hours – this could be considered “stealing” from the company.
  • Be honest with your boss and co-workers and set healthy boundaries around your work and side activities.

At any point in the last few years, have you been inspired by an Instagram-worthy screen-printed t-shirt company, or by women making face masks or hand-sewn handbags, and are you- you say : I could do that. And you did.

Or, maybe for the last decade you’ve done social media consulting on the side or freelance blogging. These days, about 37% of American workers are carrying out some sort of restlessness alongside their full-time jobs, according to a new study by Bankrate.

Side hustles allow us to explore our passions and creativity in ways that our full-time jobs don’t always allow, and they’re an important source of income — sometimes the money we earn from a side gig will be the only thing that will keep our budgets afloat from month to month, and sometimes they get so lucrative that we can make it our full-time job. But until we’re ready to take that leap, we don’t want to risk losing our main job by focusing too much on our side gigs.

Typically, our full-time jobs will be where we have health benefits, retirement benefits, and financial security — things we should never risk, no matter how passionate we are about our “little hustles.” “. Balance and boundaries are key – learning them just takes a little practice.

Check your non-competition clause

Most companies have very clear “non-competition” rules in the contract you signed before working there or in the employee handbook given to you. (Just because you don’t remember seeing that warning to do something competitive doesn’t mean it doesn’t exist!)

Here’s an example: if your full-time job is to work as a designer at a jeans company, chances are the non-competition for your business includes designing all other forms of clothing and accessories – in addition. other words, you can’t go and launch your own line of handbags while working there. Similarly, if you manage social media for a healthcare brand, you are probably prohibited from offering social media advice to other companies in the areas of health, wellness or medicine.

No matter the industry, companies don’t want their best employees moonlighting in a way that takes their own trade secrets and uses them for someone else’s benefit. So, to be on the safe side, make sure your side business is always separate from your main job industry. You never want to face that awkward call from your boss (or worse, your boss’s boss) asking if the business you started is taking clients away from them. On that note, even if you’re clear on separate industries, be sure to build your customer base from scratch – never use the connections from your full-time job to generate customers or interest. As long as the professional network and the objectives do not mix well, the trick is played!

Work when you are off the clock

Spending only your own hours (personal, non-work, off) on your side hustle is one of the best things you can do to keep your lateral hustle from infringing on your job, says Nick Loper, chief hustler at Side HustleNation.

If you are paid to work full time from 9 a.m. to 5 p.m., then all those hours can be used, without exception. If you answer emails or phone calls from customers during these hours, you are technically “stealing” your business, using their time to benefit your other gig. This is absolutely a dismissable offence. But aside from the moral concerns of double-time things, you’re going to find yourself completely stressed out if you try to juggle the two during the same hours of the day.

Here’s the solution: set aside time before or after work to continue your side work. Mornings, evenings, weekends, holidays, and even your lunch break (as long as you’re using a separate phone or computer) can be your gig time. (After all, it would be great if your boss one day encouraged your success, rather than saying, “Oh, so it is why your productivity has dropped.”)

Be honest about your side gig

At some point, you may want to tell your supervisor (and your company’s human resources department) about your stampede. Some companies require this of their employees, and at some point, if your brand presence and social media become big enough, your supervisor will find out anyway. No one wants to be caught off guard. Lauren McGoodwin, founder of Career Contessa, a career site designed for women, recommends putting yourself in your boss’ shoes when approaching open conversation. They have their business in mind, just like you. Something you might mention to make the conversation easier is discussing how the skills you learn with your hustle can be applied to your job.

For example, maybe you’re building your social media skills, learning SEO, or getting familiar with Excel. If you can show your boss how it could benefit the company or your ability to succeed in your role, he’ll likely have a more positive view of your side job. Whenever you’re ready to have the conversation, approach it with confidence and respect. You have this!

Set healthy boundaries

In addition to being open and honest with your boss, make sure you’re upfront with your clients about when you’ll be available. And remember that emails don’t require an immediate response – you can set up an autoresponder that lets your customers know you’ll respond within 24-48 hours. Setting limits won’t hurt your chances of success – you don’t have to be on call 24/7. But when communicating with clients, be sure to be thorough. It is impossible to over-communicate, especially when it comes to deadlines + product delivery. Once you find your groove, your side gig flow will become second nature.

Leave a Reply