Working While Trying to Start a Business, What Can I Expect?

 

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Working While Trying to Start a Business, What Can I Expect?

Hey Reddit, I’m looking to start a company with a friend of mine. We’re in the communication field, and we want to start helping local businesses with our skills. We’re in Pennsylvania, for reference. We’ve already drafted a partnership agreement, discussed pricing and target demographics, as well as each of our roles and responsibilities, all of which is put to paper. All assets are our own, besides a company bank account that we’ll be creating within the next few days.We won’t have a physical location, at least to start off with, but the plus side is that our overhead is minimal.

The primary thing I’m concerned about is making the transition into running the new business while trying to maintain my current job. It pays about 38k yearly, but it stresses me out a lot, and it’s not in a field I want to be in. What’s a realistic timeline for moving from working at a 9-5 to running a business full time, assuming we can find reasonably profitable clients?

Working While Trying to Start a Business, What Can I Expect?

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2 Replies to “Working While Trying to Start a Business, What Can I Expect?”

  1. What is a reasonably profitable client?

    How many of said clients do you expect to need in order for the venture to be reasonably profitable to you?

    Are said clients likely to be recurring customers, or generally one-time sales?

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