Some people don’t have the funds to be able to jump ship from their current full time job and start working on their website full time. It just doesn’t work like that. Most people prefer a kind smooth start by where they’ll start their business while still working full time. It’s a tough decision to make and it can make your life an extremely busy one but it means you can make the jump to working full time in your business when your ready. It allows you to set everything up and to make sure you’re making money from it before you really jump ship. Some business models mean you can’t really do this. The below are some examples of the ones where you can start and begin building them up while working full time. Even if the business type you want to set up isn’t there, you can use the tips from below and apply them in a bespoke way. Good luck!
Courier Firm
You can just deliver the products when you’re not working. It’s easier than you think because when you first start out you’ll likely not have huge amounts of delivery orders in. You might already have experience inside the industry and be sick of considering things like: is postmates or doordash better for drivers, and finally decided to go it alone. You start it slow. It’s better to start in a niche if possible. Meaning you courier specific stuff for a particular industry. You do this by undercutting the competition. Businesses look to do things for less money and if you can offer this then they’ll choose you the key is being reputable. So while you’re working full time, you build your business up by creating a brilliant website, an eye catching logo and some start out reviews. Use this to land your first big contract at which point you can quit the day job and go full time on the business.
DropShipping
You’ve probably heard of this. You’re essentially running an online shop…but the products are being sent out by the supplier directly. You don’t buy and hold anything, you’re just a middleman. They can work well but you need to generate a tonne of traffic to your site. You can do this while working full time. You build up your site. Ensure that you have brilliant content and captivating product descriptions. Then you’ll start getting sales. When the sales begin to get serious you can move onto it full time. If you’ve got the money at the outset it might be worth buying an established site. Just do your due diligence and make sure that the site hasn’t had a decline in traffic due to an update or something. There’s nothing wrong in buying a site if the seller is selling for legitimate reasons.
Fulfillment By Amazon
Also known as FBA. This is where you essentially sell products on Amazon. You can do this fairly easily and start it up while working. Essentially, you either create a product, or buy a product from a supplier like Alibaba, and then sell this product on Amazon. It’s all about spotting a gap in the market. Once you’ve spotted the gap, Amazon can do most of the work from labelling to delivery. You just maintain your shop and try to get your product to the top of the pack in regards to searches and keywords. Getting the ball rolling while working full time is pretty simple as Amazon handles so much of the process. However, it does cost some money, and your profits will be eaten by the fees so make sure that you have a decent budget to get started.
Market Yourself
Becoming an influencer is extremely lucrative, if you do it properly. It’s something that’s been associated with millennials time and time again, however people from all ages are getting involved. If you think that you can utilize sites like Instagram, YouTube, Facebook, etc. to pull in large amounts of followers then money will follow. Brands will want the exposure you can facilitate. It’s certainly something you can do while working full time too. Some do it by offering a skill to watch, such as cooking, or maybe by providing workout videos or showcasing your art. Just scrolling through the most watched feeds will give you a flavor of what’s out there and tell you what you need to do to do something similar. If you think this is for you, you can easily get started bit by bit while working full time.
Money-Smart Millennials 