Should You Take Your Part-Time Business Full Time?

Now that you're a part-time success, here's what you need to think about before going full time.
1 min read
Opinions expressed by Entrepreneur contributors are their own.

Does all work and no play make entrepreneurship no fun? Some entrepreneurs who run part-time businesses based on hobbies, such as crafts or cooking, find that going full time takes all the fun out of the venture. "Going full time turns an adventure into a job," as business expert Arrnold Sanow puts it.

"Some entrepreneurs have trouble grasping the fact that their businesses aren't just pastimes anymore," says homebased business consultant Sylvia Landman. "They can't work at their leisure any longer, and their ventures may require them to develop talents they didn't know they had and perform tasks they'd rather leave to someone else."

Don't get so caught up in the creative aspects of the venture, Landman warns, that you lose sight of the business responsibilities you must assume to make your start-up succeed. Take a realistic look at what going full time will require. Perhaps you can hire people to handle the business aspects you dislike, such as sales or operations.

Excerpted fromStart Your Own Business: The Only Start-Up Book You'll Ever Need

More from Entrepreneur

Kim's expertise can help you become a strong leader, pitch VCs for capital, and develop a growth strategy.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.