Business tips

A recent article, 7 Lifestyle Changes You Must Adopt to Build Your Business on the Side by Ahmed Safwan says that your budget is as limited as your time when you are working to build your business on the side.

Here are some tips to build your own startup in a shared office space.

#1. Limit your time with others.

You need to lessen your time spent with your friends and spend more time with your business to grow it faster. Make a schedule that suits you and stick to it.

#2. Build your network.

It may sound in contrast with #1, but from the limited time you can afford away from your business, find growth-oriented people who can help you grow your business. 

#3. Grab every opportunity to learn.

Time is limited, so you have to grab every opportunity to learn, of course without jeopardizing your regular job in a commercial office space. You need to be a fast learner and apply what you pick up along the way to build your company. For instance, during office break, you can read an article about your business or listen to a podcast, or you can attend seminar held in different meeting rooms for rent during weekends.

#4. Find a mentor.

If you have the money, get a mentor to help you with your startup.  A mentor can provide you the assistance and advice you need to grow your business faster.

#5. Save the profits you earn in the beginning.

Save your first profits or reinvest them in your business venture. Don’t spend it to buy things you want for your personal gratification. You need to refrain spending what you earn in the lean times.  In this way, you teach yourself to stop working for money and make money work for you.

Conclusion

Apply these tips and stay disciplined until you attain your goal. As a new entrepreneur making your name in the business, YourOffice features a network of world-class business addresses. Each location offers both beautifully appointed short term offices and permanent individual office space. Our offices are move-in ready and equipped with top furnishings and technology that are guaranteed to leave a lasting impression.

How do you manage to build your business on the side?  Feel free to share your comments.  You can also visit us on Twitter and Facebook.