Description: With many business ventures beginning as secondary employment, a new report from the online training center for entrepreneurs Crucial Constructs explains current opportunities for small businesses to grow. Go to https://crucialconstructs.com/how-to-take-your-side-hustle-full-time for more information!
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Want To Be A Business Owner? Learn How To Build A Small Company & Go Full-Time
Internet-based training provider and resource for business startups Crucial Constructs has launched a new report analyzing opportunities for part-time ventures to become full-time businesses. The Academy of Management Journal reports that those who start a business in parallel to their full-time career are approximately 40% more likely to succeed.
It is almost inevitable that as your small business begins to grow, you will want to devote more time to it. As Crucial Constructs points out, if you are in this position, you should first consider what you want in life.
Starting a business or growing an existing small business can have its own challenges and does not have the same degree of certainty and security that permanent employment provides you with. You are advised to take into account what you have already achieved in your career, as well as the risks involved in turning your business into a full-time concern.
In order for a small venture to succeed, however, the author also advises entrepreneurs with a full-time job to ensure they put enough time and effort into their company. Crucial Constructs states that, in order to be successful, someone in this position should feel like they are working two full-time positions.
You can find the remainder of the report on the Crucial Constructs website. In addition to the report outlined here, Crucial Constructs provide regular discussion pieces on a wide variety of business start-up topics.
Click on the link in the description for more information!
