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Working for Yourself

Starting your own business is a big step, but this expert's advice will help pave the way towards success.
By Jean Chatzky
Expert Content  |  March 14, 2008
 
Woman on Phone
Photo: Thinkstock

Divide life and work

If you decide to start your own business part-time, you'll need excellent time-management skills, strong self-discipline and support from family and friends. It's a big commitment. To succeed, think small. A series of small steps will get you as far as one giant step.

These steps include:

  • Developing a business concept
  • Writing a business plan
  • Acquiring basic business equipment
  • Setting a long-term target date to go full time
  • Aiming for moderate first-year revenues
  • Selecting time-saving business equipment
  • Maintaining top performance at your day job

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