How to Plan and Build a Business Part-Time
Step1
Select a hobby you'd like to convert into a profitable business or a passion that you'd like to learn more about.
Step 2
Research, research, research. Read books and talk to people who have worked in the industry you're considering.
Step 3
Get a sense of how much income you can make in the first year or two, and what kind of financial investment you'll need to make.
Step 4
Prepare a plan to determine how much money you will need to make before you can quit your job, and how long it will take you to reach that goal.
Step 5
Be careful not to inappropriately use your employer's time and resources for your own business.
Step 6
Avoid telling your boss before you are ready.
Step 7
Keep your standards of performance up to protect your primary source of income.
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