Working for Yourself

Starting your own business is a big step, but this expert's advice will help pave the way towards success.

Expert Content | March 14, 2008

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