New Startup - Experiences

[burnstar]

Hi everyone,

Has anyone got experience of starting up a new business whilst also working full time PAYE?

Obviously in for a crazy few months but how much success did anyone have balancing the two whilst the new venture is in its infancy?

Cheers B.

[burnstar]

bga said:

I did it when we started up our consultancy. It was hard, daytime spent doing the usual job and every available hour in the evenings and weekends getting the company off the ground. There was also balancing the requirement to do stuff in the day time that would impinge on the job I was being paid to do. Fortunately that could be handled discretely until which point a clear break could be made.

If you are going to do this then be upfront with people that you are close with as they will likely see a lot less of you and when they do see you it is likely you will be occupied by other things. It was all worth it though.

Thanks, nice to know it was all worth it in the end

[burnstar]

Thanks for all of your responses chaps. Yes, I know its going to be a lot of hard work but I work most evenings on something or other anyhow, just happens that now I can focus all of that energy onto something that will hopefully lead to a fulfilling business with financial reward. My current job won't be affected by this and I am very aware of the negative implications if that were to happen.

Really exciting now the ball is starting to roll down the hill and I cannot see the bottom

Cheers B