The title of this post is something that I hear a lot when talking to people about the opportunities that I present. Until now, I have just let that go and bitten my tongue. However, I recently listened to a podcast by Chalene Johnson, and it inspired me to write this post. For those of you that don’t know Chalene, she is actually my favorite trainer for Beachbody fitness programs, and you can find her in the Guinness Book of World Records for having the most home fitness workouts. In addition to being a great health and fitness trainer, Chalene also hosts podcast and helps women all over the world to build their businesses and regain their confidence. She does this through her “Build your tribe” podcast, and her Courageous Confidence Club program.
One of her podcasts had Chalene talking about part time businesses, and how she and her husband actually encouraged their employees to have part time businesses on the side. Why? Because steady jobs are not always as steady as they seem. Companies crumble and go bankrupt, sometimes unexpectedly due to unforeseen circumstances. They may suffer a hit and be forced to do some layoffs. You hear of cases from time to time where employees get screwed out of their retirement money for one reason or another. In addition, things change in life! Maybe you decide that you want to start a family, but your full time income doesn’t provide you with enough money to comfortably support and raise a child. Maybe you do have a child, and you decide that you want to quit your job and become a stay at home parent. Whatever the case may be, steady jobs may not be as steady and secure as you think they are.
So why should you have a part time business on the side if you don’t have much time to spend on it? Because that is the beauty of a business that is part time. You can chip away at a part time business bit by bit, and over time, your business will grow. Will it take time and effort? Absolutely – but it is something that can be done at your own pace.
“I’m working full time on my job, and I’m working part time on my fortune” – Jim Rohn
Think of it in the words of Jim Rohn. How would it feel to be able to live off of your full time income, but to have the security of knowing that you also have funds from your part time business tucked away for your fortune. Work full time to support your lifestyle, and allow the money from your part time business to accumulate over time. This could end up being your retirement savings. If you’re like me and you like to travel, this money could send you on trips around the world. If you have children, this money could put your kids through school. No matter what your priorities in life may be, most of us are not millionaires, and we could all benefit from having extra money coming in for added security.
If your next objection to having a part time business is that they are scams or pyramid schemes, then you should jump over to my post on Network Marketing to discover the truth. It is a common misconception that all network marketing businesses are pyramid schemes, and it is time that we set the record straight.
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