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- Jul 4, 2019
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How many of you guys actively work on more than one project at a time? How do you decide what portion of your attention should be given to each one?
This is something I've been struggling with and having a tough time making a decision on, which is why I'm looking for some input from those of you who built a built a business and then spent time developing a second on the side.
I am in a bit of a unique living situation that has given me a lot of free time. I'm living abroad while my wife teaches English, and I work remotely ~15 hours per week at a pretty good hourly rate. As I said, this gives me a lot of extra time and I don't want to waste this opportunity because I know it's temporary. I left my corporate world 9-5 last year and want to be free from that cubicle life when I return home.
Over the past 6 months I've started a freelance mechanical design business. I have a couple clients, but I coasted for a few month and am now really diving in and making a solid effort to grow my client base. I'm going to be abroad for at least another year, and as I see it, I have three paths forward as far as my business goes.
I know that I'll learn a lot no matter what, but I also know the value of time and don't want to waste it. Do you recommend dividing up my time into 2 projects, seeing as a have a lot of spare time at the moment?
This is something I've been struggling with and having a tough time making a decision on, which is why I'm looking for some input from those of you who built a built a business and then spent time developing a second on the side.
I am in a bit of a unique living situation that has given me a lot of free time. I'm living abroad while my wife teaches English, and I work remotely ~15 hours per week at a pretty good hourly rate. As I said, this gives me a lot of extra time and I don't want to waste this opportunity because I know it's temporary. I left my corporate world 9-5 last year and want to be free from that cubicle life when I return home.
Over the past 6 months I've started a freelance mechanical design business. I have a couple clients, but I coasted for a few month and am now really diving in and making a solid effort to grow my client base. I'm going to be abroad for at least another year, and as I see it, I have three paths forward as far as my business goes.
- Focus only on the freelance business and put all of my spare time and effort into growing that. (this may be overkill since I have a lot of time to put into it). I know I want to keep freelancing, because this is the most direct path to escaping the office life (even though I'm still trading time for money).
- Move forward with the freelance business and develop a second strictly online business with greater potential to scale and automate.
- Continue with the freelance business and design one or two physical products on the side and plan out the business to start when I return home. I'm an engineer and have some inventions, which is why this is appealing to me. It seems that a business with a physical product is more suited to me, but I'm not sure if I want to spend the next year investing my time in something that I am just waiting to do in the future.
I know that I'll learn a lot no matter what, but I also know the value of time and don't want to waste it. Do you recommend dividing up my time into 2 projects, seeing as a have a lot of spare time at the moment?
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