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Guest post by Jill Phillips

Creating a business from the ground up might be incredibly challenging, but it could also provide you with complete financial freedom. Unfortunately, many entrepreneurs must continue to hold down a full-time job while they are getting their new business started.

Here are seven tips you can use to make the most out of every minute of the day while juggling your current career, your company, and your personal life.

1. Plan everything for a great start

Even small business owners who have no other careers must be as methodical as possible when it comes to the growth of their company, let alone aspiring entrepreneurs who have full-time jobs. The first thing you should do is create a filing system for all the information on your business and the industry you are in. Once you have everything stored and categorised methodically, you can go ahead and create a business plan that will help you do everything step by step. Your business plan should include your short-term and long-term goals, the state of the industry, legal information, and a financial structure.

2. Manage your time

It is all too easy to waste a few minutes or hours every day, and that will have a negative impact on your new business as well as your personal life. You will most likely need to sit down with your family and come up with a firm schedule every week. No matter how well you manage your time, you must also be ready to make sacrifices. Many entrepreneurs work at least six days a week and have to cut back on their hobbies and leisure time. You can also speak with your current boss to see if you could work remotely a few days a week. [Read more…]