Should I Work Full or Part-Time as I Build My Business?

You’ve finally decided to start your own business. That’s exciting — congrats!

You’re passionate about your idea and confident in your ability to pull it off. Still, you’re not sure how to fit being an entrepreneur into your life — especially your professional life.

The big question is: do you build your enterprise on the side while working full-time? Or, do you more fully commit to being self-employed, and go part-time or even no-time in your career?

Unfortunately, the answer isn’t cut and dry. A case could be made for either option, depending on your situation.

Don’t worry, though — we’ll lay out what you need to consider so you can make the best decision for your circumstances.

Working Full-Time

Most folks who start a business do so on the side, part-time while they work their full-time job.

Why? You probably guessed it — money. They generally don’t have ample enough cash reserves to cover their living expenses for an extended period while they start their enterprise.

The idea is if you keep your full-time job, you still have the income you need (and are used to getting) coming in. Those funds can also help you cover your start-up costs, so there’s less to…