This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/03/05/growing-your-side-business-in-2019/
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by Roger Chen, Senior Vice President of Asia Region, GoDaddy
The Year of the Pig is upon us and symbolizes luck, wealth and good fortune. If you’ve been hesitant about scaling up your side business, let 2019 be the year you take the plunge. For many, one job is already more than enough. But if you’ve managed to make some income with your side hustle, you could be ready to step up.
In a 2016 survey by GoDaddy, 72% of the 500 respondents in Singapore planned to embark on their entrepreneurial endeavours full-time while the remainder planned to keep it to a side project. Whether you are intending to transform your side business to a full time one or keep it aside, here are some tips on scaling it up:
Time Management is Essential.
It is easy to fall into a pattern of returning home after a long day’s work, kicking off your shoes and becoming a couch potato until your drooping lids give out and you enter dreamland, only to be rudely awakened the next day by your alarm and a repetition of the cycle begins.
However, to help expand your side business you need a lot of dedication, perseverance and time. Every minute is precious especially on the weekdays and you’ll need to set aside chunks of time to ensure some work goes into the side business each day to help scale up.
Avoid wasting time on activities that may be considered mindless to you, and instead focus on things that can help your side business grow. You may want to spend more time on building your business idea, focus on your customers and your products, your online presence and your potential competitors. You may want to set up a daily schedule down to what time you wake up and be strict about sticking to it!
Save up to invest.
To truly scale up a business you may want tobe prepared to … Read More
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