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How did you start your business? (managing time and funds)

Discussion in 'General Entrepreneur Discussion' started by JohnFuture, Jul 10, 2018.

  1. JohnFuture
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    JohnFuture Contributor

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    Hello guys,

    How did you start your business? Did you work part-time for someone and then worked part-time on your business?

    or saved money and then worked full-time in your business?

    I know that there isn't the golden rule available because each case is different.

    I don't know if I should work now (since I graduated from IT field) to gain work experience (which I could use later in my business) and save some cash or live from little savings and learn business experience while doing my business?
     
  2. lowtek
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    lowtek Platinum Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    You should work until the job costs you money.

    IT is growing now, in large part due to the boom in machine learning and cloud computing. If you can cash in on that with a relatively secure job, it makes a lot of sense to do so. Build experience, connections, and a war chest for when you strike out on your own. You are far more likely to uncover a 7 figure problem working for companies that are already making millions than you are on your own.

    People often forget that MJ drove a limo for years, and THAT was what gave him the inspiration to create his lead gen website. If he didn't have that job, I doubt he would have had the idea and been able to execute crisply enough to achieve a comparable outcome.
     
    Deceiver and JohnFuture like this.

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