#9: How to Start a Thriving Business Without Quitting Your Day Job

Episode Notes

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Sponsors

FAEM Pro Services

www.faemproservices.com

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*Time Stamped Show Notes: *

[1:30] Jake gets made fun of by Kyle

[3:48] Sponsor plug www.faemproservices.com

[4:40] Should you quit your day job when you become an engineer? 

• Start your business two years prior to when you went to quit your day job
• It’s a lot easier to put money back into your business if you have a day job

[8:15] It takes time to start a sturdy well built company

• Takes time to build your network
• Takes time to nurture your network
• Everyone's situation is different

[13:00] Perfection slows you down

• You don’t need a perfect logo to start
• You don’t need a perfect website to start
• Keep moving forward

[14:40] Hire out different skills that you are not good at. 

• You will never move fast enough if you try to do everything yourself
• Wasting time and it still will not be professional
• You have to spend money to make money

[21:20] Don’t mow your own lawn

• Move things off your calendar that are not revenue producing
• Work/life balance

[25:00] Stay in your strengths as much as possible

• Leave design to designers
• Leave sales to salespeople

[29:50] Entrepreneurs think they need to be great at everything.

• Just move forward
• Hire out accounting and bookkeeping
• Hire out graphic design
• Look at your books don’t fill them out

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