Five Reasons to Keep Your 9 to 5 Job

By Anthony Hilb 

The idea of keeping a 9 – 5 job may seem impractical to individuals who are starting to succeed with their new microbusiness venture. I have always been well aware of the benefits of keeping a 9 – 5 job while owning a microbusiness, yet I did not have one when I started my first business because I was lucky enough to quickly find customers and earn enough to maintain a decent lifestyle with my wife.

As I am getting older, I have realized a 9 – 5 job suits my personality and my microbusiness ownership goals. Fortunately, I am working for an excellent company called ABRA Auto Body and Glass, and I completely identify with their vision. If you are like me and enjoy working for your company, here are five reasons you should keep your 9 – 5 job:

  1. As I have mentioned in many other articles and in my book Make Money with a Microbusiness, you can still have a 9 – 5 job and own a microbusiness at the same time. There are situations when you will need to choose one over the other, but in so many circumstances microbusinesses do not need to be pursued full-time. Some microbusiness owners have an automated online business while others hire someone to manage their business while they are at their 9 -5. Two of my microbusinesses are still open even though I also have a full-time job.
  2. If you are working independently on your microbusiness, you often will not be coached by anyone throughout the week, which will cause you to miss out on significant life and career lessons from those who are wiser than you.
  3. The professionalism you attain from your 9 – 5 job will stay with you while you are managing your microbusiness.
  4. If you work for a good company, you will get benefits like health insurance, a 401(k), stock options, paid time off, and profit sharing.
  5. Acquiring startup capital is much easier when you have a 9 – 5 job because lenders look at your job history and view you as a stable individual who will be able to pay back your loan. If your microbusiness does not work out, you will still have your 9 – 5 job, and you will still be able to pay back any debts as long as your calculations were reasonable.

Your income as a microbusiness owner may exceed what you would make at many 9 – 5 positions, but it is still important to consider the points listed above as well as other advantages of a 9 – 5 job that are unique to your situation. You may never need to work outside of your microbusiness, but for many of us a full-time job in addition to our business venture is a smart move. There is a lot to learn from working a 9 – 5 job, and I plan to have one for many years to come.

Felix Dennis

By Anthony Hilb

"You must believe in yourself. You must believe you can do it. You must believe that you are the one to do it. For if you will not believe in yourself, then why should anyone believe in you?"  -Felix Dennis

“You must believe in yourself. You must believe you can do it. You must believe that you are the one to do it. For if you will not believe in yourself, then why should anyone believe in you?”
-Felix Dennis

Felix Dennis, legendary entrepreneur and poet, passed away two days ago on Sunday, June 22, 2014. I discovered Felix at a rough time in my life; I was lost and confused about what I should do with my life at 23 years old. This is common, but what was uncommon was stumbling across business books by him in my local bookstore one evening. He was so honest about the nature of business in his books, and it was exactly what I needed to read. I felt like I didn’t have anyone to turn to at that time … reading his thoughts made such a positive difference for me and helped me make important decisions I was avoiding. I’m so sad he has passed away, but I am certain of one thing: The influence of Felix Dennis will live on.

I’ll conclude with a poem written by Felix about the getting of money:

How to Get Rich

Good fortune? The fact is

The more that your practice,

The harder you sweat,

The luckier you get.

Ideas? We’ve had ‘em

Since Eve deceived Adam,

But take it from me

Execution’s the key.

The money? Just pester

A likely investor.

To get what you need

You toady to greed.

The talent? Go sign it.

But first, wine and dine it.

It’s tedious work

With a talented jerk.

Good timing? To win it

You gotta be in it.

Just never be late

To quit or cut bait.

Expansion? It’s vanity!

Profit is sanity.

Overhead begs

To walk on two legs.

The first step? Just do it

And bluff your way through it.

Remember to duck!

Godspeed…

and Good Luck!

87 Secrets to Outrageous Business Success

By Anthony Hilb

In his book, “87 Secrets to Outrageous Business Success: How to Reach Your Goals and Have Fun Doing it,” Bob Bly shares incredible advice on how to build and maintain a successful business. He has a great attitude, but he still points out that difficulties arise in life, which is something many business authors avoid.

Bob keeps his sense of humor and gives examples of small problems he has been upset about such as a flat tire, a computer and backup drive of his that were completely erased, and a refrigerator ice cube dispenser that suddenly stopped working. He admits these small problems can be painful, but he acknowledges these problems are silly to get too upset about stating: “Any day you wake up in good health with a roof over your head and food to eat is a good day.”

87 Secrets goes on to clearly outline actions which you can take to bring your business to the next level. I highly recommend this book and the other 80+ books he has published. Do yourself a favor and visit his website at Bly.com. You’ll be glad you did.

 

 

Our First Book!

First Book! On March 28th last year we released our first book! Pick up a digital copy and physical copy on Amazon! A portion of the profits from the book will go to charity: water! http://www.amazon.com/Make-Money-Microbusiness-Anthony-Hilb/dp/0989110508/ref=sr_1_1?ie=UTF8&qid=1396011259&sr=8-1&keywords=make+money+with+a+microbusiness

Priorities

One of the best things about owning a microbusiness is the ability to adjust your priorities to your current situation. Some priorities are locked in our top spot, but sometimes you will need to be more flexible. When you have a newborn baby to take care of, you need to be able to have a flexible schedule. Many jobs allow employees to take time off for such life events.

Owning a business also gives you this kind of flexibility – especially if you own a successful business that provides you with a residual income. Even if you do not own a business that provides you with a residual income, you still have so much control over your schedule. You will be able to change appointment times and work different hours. This year I got married and bought a house. The flexibility of owning a microbusiness helped make these exciting life events a success!

By Anthony Hilb

Take it Easy

By Anthony Hilb

I noticed I was stressed when putting in long work days, so I decided to research relaxation techniques. I considered myself a Type-A kind of person when it came to work, and I noticed I wasn’t completely happy with the results. Feeling drained the majority of the time isn’t the goal of owning a business for me.

The Type-Z Guide to Success by Marc Allen has been a tremendous resource. Here are a couple of passages from the book I’ve enjoyed:


“I started to see – and then to believe – that not only was it possible to create success in an easy and relaxed manner, in a healthy and positive way, but that it’s the very best way to do it. All our stress doesn’t help us one bit; in fact it works against us. The more we relax, the more effectively we do any kind of task.” -Marc Allen

 

In and easy and relaxed manner, in a healthy and positive way....

In an easy and relaxed manner, in a healthy and positive way….


“Many people in our culture don’t believe that it’s even possible to succeed and still have a life of ease. Or they believe they need to work really hard, maybe even be Type-A workaholics, before they can succeed – and then they can relax and have a life of ease.

Many people even equate success with stress: There’s a deep core belief that success has to be stressful, that’s just the way it is, you have to be a Type-A to succeed. I absolutely disagree with this belief (and I’m not the only one!). There are many people who believe exactly the opposite: The more relaxed you are, the more at ease, the more you can and will succeed.

You make better decisions when you’ve considered everything in a relaxed state. (Everyone knows the value of “sleeping on” something – what can be perplexing in the afternoon is so often simple and clear the next morning.) The decisions we make in stressful states so often lead to more stress; it’s the plans we make and ideas we have when we’re relaxed that can take our success to a much higher level.” -Marc Allen

Asana and Basecamp!

asana_logo
Have you ever used Asana? I heard about it when I was researching Facebook. It was started by Facebook co-founder Dustin Moskovitz. I’ve been using it for over one year, and it has been a tremendous help.

It helps me organize my to-do-list on all of my digital devices. They’ve recently updated the app, too. The best part? It’s free!

I’m currently using Basecamp too, which is also pretty awesome. They have a free 60-day trial period, so I decided to give it a shot. Many people love Basecamp, and so far I really like it, too. Using tools like these will definitely help you with your goals.

By Anthony Hilb