Friday, May 26, 2017

How to Build Your Side Business While Working Full Time

You're reading How to Build Your Side Business While Working Full Time, originally posted on Pick the Brain | Motivation and Self Improvement. If you're enjoying this, please visit our site for more inspirational articles.

Building a business is hard. What about building a business on the side while working full time? I built a freelancing business while studying dentistry, and I'm just 20 years old. And I forgot to mention that my GPA was 3.92 during my first 2 years. It seems impossible to a lot of people, but I did it. And the secret is rather simple. I know what I need to do, and I do it. But there's a bit more to it than that. In this post, you will discover the 3-tier planning method I use to know what I need to do and how I carry out focused actions to get more done in less time. The result? You can build your business even if you don't have a lot of spare time.

The "3-Tier Planning" Method

Your time is limited. That's why planning is very important. Because planning can be complicated and because of specific problems I've faced from time to time, I've developed a simple process to help me plan things out and keep moving in the right direction. I call it the "3-tier planning" method. The 3-tiers are:
  • The 100,000-foot view
  • The 10,000-foot view
  • The 100-foot view
Let's go into more detail about each of these. Note: I have created a simple checklist to help you apply this planning method, so make sure to grab your checklist, then continue reading this post.

The 100,000-foot view

Here you look at the big picture. I like to make it for every quarter or every 100 days. So you set a goal that you want to achieve in the next quarter and write out a detailed plan about how you want to achieve it. Let's take an example: Goal: Create a product and start selling it in 90 days Steps:
  1. Brainstorm product ideas
  2. Validate the idea by interacting with people on a FB group
  3. Outline the course
  4. Record every module
  5. Setup a membership site
  6. Setup an order form
  7. Create a sales page
  8. Offer a discount for my email list and get the first 10 customers
Now, we have the100,000-foot view. This will give you a clear big picture and ensure that you're going to finish on time.

The 10,000-foot view

After you have the big picture, you need to know what tasks you need to accomplish in the next 2 weeks. I like this time frame because it's not so long as to cause you to lose focus yet it leaves enough time for you to iterate as you go. So you set the tasks you need to accomplish in the next 2 weeks so that you're not overwhelmed by the big picture plan. Continuing the example above, here is a simple 10,000-foot view plan
  1. Brainstorm product ideas
  2. Validate the idea
  3. Have a simple outline for the first 2 modules
The reason I added this tier is that it ensures that you don't take too much time doing the first tasks, which would result in a situation where the deadline would be approaching yet you would still be a long way from your main goal, causing you to take a lot more time to achieve that goal.

The 100-foot view

Now you set your daily tasks. You see what you need to do from the 10,000-foot view and plan your day around it. For the example above:
  1. Brainstorm product ideas
  2. Start interacting with a group to know what they want
Now, you know what you need to accomplish by the end of the day. So when you returns from your job, you know the tasks you need to accomplish. Your job now is to do them. You've seen what the planning method consists of, now I'd like to share a tip about how to actually finish your daily tasks. This is how I get more done in less time:

The "Up Pomodoro" Technique to Get More Done

Now, after you know the exact tasks you need to work on, your job now is to actually do them. The Pomodoro technique is a great way to help you get more done in less time with greater focus. If you're not familiar with the Pomodoro technique, it's a technique where you spend 25 minutes focusing on a task and then take a 5 minute rest and then repeat this cycle 4 times and then take a bigger rest. This enables you to eliminate distraction, which is the most important element to getting more done. But what does the "Up" in "Up Pomodoro" mean? The people at the Muse discovered something they call the rule of 52 and 17. They found out that the people who work for 52 minutes and take a break of 17 minutes are the most productive people. So I started applying it and the results are astonishing. For simplicity's sake I now work for 50 minutes and take a break for 10-15 minutes. The thing is that you combine 2 cycles of the Pomodoro technique. By using the 3-tier planning process and the Up Pomodoro technique, I've able to know what I need to do and work on it without getting distracted. This is the simple process that helped me build my business while studying dentistry. And to help you accomplish the same results, I've create a simple checklist for you to help you apply the techniques I've shared in today's post and to increase your productivity by 300%. Grab your checklist here.

You've read How to Build Your Side Business While Working Full Time, originally posted on Pick the Brain | Motivation and Self Improvement. If you've enjoyed this, please visit our site for more inspirational articles.



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