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  • #978930
    Purpleblaze
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    Hi,
    I’m currently working full-time as a website developer and working Freelance. I would really like to launch my business full-time but I’m also quite scared to take the leap. I’m not getting a lot of work coming in at the moment but I also feel that might be because I don’t have the time to dedicate to my business. I’m really not sure what to do when it comes to advertising my business. I keep being told not to do certain things because they’re a waste of time and money…

    Any advice or suggestions?

    #1110745
    ebaymonkey
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    If you have the time …and the cash for the flight.. try to make it to the online retailer in Sydney next week. I have been for the last 3 or so years. Why ? Well it will give you a good idea about the customer base that is out there. Talk to the web developers there …You will find most of the ones at the show are expensive ..as they can afford to display at shows like that. However this may be a good show to go and have a look at what direction ecommerce is headed in Australia. Its booming if there is right time to make the leap perhaps this will help you decide.

    #1110746
    Anonymous
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    Hi purpleblaze,

    You’re not alone in facing this dilemma – there are quite a few people around here in the same boat.

    I’ll be interested to read the recommendations that others make for you, but in the meantime, I’m wondering if this would be a good time to put some work in on your business plan, so that you have a clear path forward. One option might be to set a milestone for yourself at which point you’ll know that you’re keen to take the leap.

    If you need any inspiration, here’s a link to a whole stack of articles about business planning.

    Good luck!
    Jayne

    #1110747
    Divert To Mobile
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    Purpleblaze, post: 123242 wrote:
    Hi,
    I’m currently working full-time as a website developer and working Freelance. I would really like to launch my business full-time but I’m also quite scared to take the leap. I’m not getting a lot of work coming in at the moment but I also feel that might be because I don’t have the time to dedicate to my business. I’m really not sure what to do when it comes to advertising my business. I keep being told not to do certain things because they’re a waste of time and money…

    Any advice or suggestions?

    G’day Purple,

    I can HIGHLY recommend doing the cert IV in small business management at TAFE its a 2 semester run you can do whilst your still working probably 2 nights a week.
    Your timing is perfect – Next semester begins next week. (well it does in NSW not sure about QLD)

    Best of luck,

    Steve

    #1110748
    Purpleblaze
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    Thanks everyone for the replies so far!

    @ebaymoney Unfortunately I’m in Brisbane so wouldn’t be able to make it to Sydney. Hopefully they’ll have one in Brisbane too?

    Thanks Jayne for your reply :) I’ve been finding the articles on flying solo really useful so far. I’ll definitely be looking into developing my business plan though. I need to be that soon.

    Steve – That’s a great idea! I’ll look into that. Thanks! :)

    #1110749
    AgentMail
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    Hi Kim,

    Where abouts in Brissy are you located?

    I think the main point is there is never a right time :)

    There is a lot of learning etc. you can do in preparation, but at some point, you will only see how it is going to be when you bite the bullet.

    I think the main thing is it is a massive learning experience, whether you succeed or fail! If all didn’t work out, and you had to rejoin the workforce, think of the additional skills you’d bring to the table, having run your own business, managed customers, accounts, etc. – In my opinion, you would be a highly employable person!

    So that is worst case, then the best case – You work for yourself, manage your time, create an asset and live an extremely happy life.

    What do you think? Is the potential downside worth the risk?

    #1110750
    Purpleblaze
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    I’m located in Boronia Heights :)

    You bring up some pretty good points! My main issue is that I only graduated from uni last year and I’m only 21. All through uni I had a pretty clear idea of what I wanted to do and that was always to run my own business. I’m not sure if age would be a massive factor in deciding when the right time is.

    Do you think age will be a massive issue? I am working full-time at the moment and I keep thinking it really isn’t what I want to do because I’ve always had this idea in my head that I would run my own business…

    AgentMail, post: 123276 wrote:
    Hi Kim,

    Where abouts in Brissy are you located?

    I think the main point is there is never a right time :)

    There is a lot of learning etc. you can do in preparation, but at some point, you will only see how it is going to be when you bite the bullet.

    I think the main thing is it is a massive learning experience, whether you succeed or fail! If all didn’t work out, and you had to rejoin the workforce, think of the additional skills you’d bring to the table, having run your own business, managed customers, accounts, etc. – In my opinion, you would be a highly employable person!

    So that is worst case, then the best case – You work for yourself, manage your time, create an asset and live an extremely happy life.

    What do you think? Is the potential downside worth the risk?

    #1110751
    AgentMail
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    Age is only an issue if you make it one.

    At 19, I was managing a team of 20 insurance technicians, some of them had been working in the company more than 25yrs!

    I was asked the same question, about my age being an issue, but I refused to let it be. I knew I was good at what I did, and it didn’t take long for those old timers to see it ;)

    If you know in your heart what you want, anything else will just be a stop gap. Without wanting to pretend to know your life situation, now might be the ideal time to try, whilst you do not have commitments, children etc. (again don’t know your situation, so maybe you do :) )

    #1110752
    Purpleblaze
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    AgentMail, post: 123285 wrote:
    Age is only an issue if you make it one.

    At 19, I was managing a team of 20 insurance technicians, some of them had been working in the company more than 25yrs!

    I was asked the same question, about my age being an issue, but I refused to let it be. I knew I was good at what I did, and it didn’t take long for those old timers to see it ;)

    If you know in your heart what you want, anything else will just be a stop gap. Without wanting to pretend to know your life situation, now might be the ideal time to try, whilst you do not have commitments, children etc. (again don’t know your situation, so maybe you do :) )

    Nope no other commitments :) you guessed right!! Do you think maybe I should make sure I have a bit of work first before I jumped into it? You’ve been so helpful thank you!! Definitely making me want to go ahead with it!

    #1110753
    Shaukat Adam Khalid
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    u really need to have clients banging on your door before taking the leap. this requires learning how to drive traffic, attract leads and conversion systems. you can always contract out the work because there are a ton of broke experts.

    keep ur full time job, start a part time business, contract out work if necessary. dont leave until you have a business with predictable income and scalability.

    have a full time job to make a living and start a part time job to create a fortune.

    #1110754
    AgentMail
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    Kim,

    I think Khalid and I have different opinions, but neither are incorrect, because it depends on your own circumstance. My business is my passion, so working another job just wasn’t ever going to work for me. It was about so much more than the money. It was about lifestyle, building a future for myself and my family, and yes, a little bit of risk taking too.

    Financial stability is rarely a sure fire thing when running your own business, and you first have to ensure you are comfortable with that.

    The other issue you will have is time. Right now, you have very little time, as you mentioned to focus on growing your own business. When that is your sole focus, it makes life a lot easier.

    I started by running my business part-time while working full time and something always suffered – either the business did not get enough attention or my full time job was under pressure. When I finally bit the bullet and moved into the business full time, it was so fantastic, and I was so pumped, it has continued to go from strength to strength.

    Having customers is very important, but so is having time to service them. Think about what you feel most comfortable with. You might even find getting a part-time job working at Bunnings, and spending the additional time growing your business to be more rewarding than being tied to a full time job and tinkering with your business in your downtime.

    #1110755
    Shaukat Adam Khalid
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    Agentmail, our views differ and only by a fraction. My point is to have income coming until there is enough QUALITY clients.

    The difference is i believe every self employed should think like an entrepreneur instead of a specialist.

    There are many who do excellent work for pennies because they are weak at client attraction. Give them the work and oversee it. Be the front of house and let them do the back of house functions

    This helps create a business instead of a job. Work is fun as long as you want to do it and not have to do it.

    Hope this helps.

    #1110756
    CateDS
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    Purpleblaze, post: 123242 wrote:
    Hi,
    I’m currently working full-time as a website developer and working Freelance. I would really like to launch my business full-time but I’m also quite scared to take the leap. I’m not getting a lot of work coming in at the moment but I also feel that might be because I don’t have the time to dedicate to my business. I’m really not sure what to do when it comes to advertising my business. I keep being told not to do certain things because they’re a waste of time and money…

    Any advice or suggestions?

    Well, first thing I would advise you to do is to read The E-Myth, by Michael Gerber… that will set you on a path to really thing long term about how to approach business.

    Secondly… give me a ring :D I’m in Rochedale South… PM me and I will send you my number :) I’m more than happy to brainstorm over a coffee, and loan you a bunch of books to read (and I can show you the Cert II in Small Business Management books too :) )… I like nothing more than encouraging young people to get into business… even my 12 year olds are giving it a go :)

    Cate

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