Become a ‘Chicken Entrepreneur’
No, you won’t have to work on a farm or do a funny dance. It just means starting your own business on the side while keeping your day job.Always dreamed of starting your own business but too chicken to quit your day job?
Don’t worry, that’s not such a bad thing; in fact, you may already be on the right track to becoming a successful entrepreneur.
Over 50 percent of small businesses fail in the first year and 95 percent fail within the first five years, according to the Small Business Association. So it may be wise to hold on to your day job until your side business not only launches, but really takes off.
And if your job happens to be in the same industry where you’re planning to launch a business, or if you’re just out of school, being a chicken entrepreneur gives you all sorts of advantages you couldn’t have if you were on your own. For example, you can use your 9-to-5 work to gain experience, amass contacts and build a network in your field.
Photo by LeoL30.
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