We often take for granted the things we know how to do and assume everyone can do what we can.  Set aside at least an hour to jot down all your skills. Think about a typical day at work. Do you use specialised software, such as Photoshop or Excel? Do you have specific training in a field, such as the veterinarian field?

Sell your services

The fun part begins once you have a list of all your skills and attributes.  Looking over the list, ask yourself how you can package any of these skills into either a service or a product.Let’s assume that your day job involves doing bookkeeping. This is a skill that many businesses need help with.  You could start a bookkeeping business for small sole-trader businesses and pick up some extra work on weekends and nights.

Teach others

Many industries have exams that you need to pass in order to become certified.  Creating study guides for those students is a great way to pass on your knowledge in a profitable way. Perhaps your day job is as a plumber. You could write a study ebook teaching others how to pass the plumbing exam to become a licensed plumber.

Find the gap

Is there a gap somewhere in your day job where you could make a product or service to make doing that job easier? Often, great business ideas are founded by people solving a problem. Have a fresh look at the industry that your day job is in and see if there is a feasible way that you could solve a problem to make life easier for others.

Leverage your day job

Do you have access to any specialised tools or software at your day job that you could use to help your side business? Obviously,, you need to get management’s approval to use company resources for personal use, however if you do get approval, you could potentially utilise high-end tools and software to build your business during your lunch break. Is there a skill that you need to work on that you can practice at your day job. Perhaps your presenting and public speaking skills are a little rusty. Ask management if you can speak at meetings to build up confidence.

Beware of conflicts of interests

Starting a business whilst having a day job can lead to murky waters if not careful. Do you homework and find out if there is a legal clause prohibiting the start of a similar business.  Never steal your companies clients. Keep strict boundaries between your day and side business.

Know your exit plan.. if you need one

Whether or not the goal is for your side business to become your main form of income is a personal choice.  You  might be quite happy for your side business to be just that, a passion project you work on beside the job that you love. Others may be more inclined to gradually reduce their day job’s hour and move more into their business. If the is the case know what your exit point is. For example, your business must sustain the move so do the sums.  How many clients, or how much revenue must your business make each month to sustain your living expenses. We are so fortunate to live in a time when anybody can start and grow an online business. All it takes is a little thinking outside-the-box and a little dedication.

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