Unlock Your Entrepreneurial Potential: 4 Proven Strategies for Launching a Business During Your Work Sabbatical

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Unlock Your Entrepreneurial Potential: 4 Proven Strategies for Launching a Business During Your Work Sabbatical

Work takes up most of our time, leaving weekends and vacations for relaxation. If you’re lucky enough to take a sabbatical from your job, it’s a perfect chance to plan for a new venture. There are some key do’s and don’ts to keep in mind during this exciting transition.

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At the start of your sabbatical, it’s easy to feel like you have all the time in the world to unwind. But resist that urge. Matt Collingwood from VIQU IT suggests hitting the ground running. “In the first two weeks, tackle the legal and financial tasks of your business. This way, you’ll handle the hardest parts first,” he advises.

Facing delays and unexpected issues when starting a new business is common. Collingwood adds, “If you wait too long to begin, you may feel rushed later.” He emphasizes that getting things set up early gives you time to relax as your sabbatical comes to an end.

Getting overwhelmed with tasks is normal, especially if you’re starting from scratch. To manage this, Collingwood suggests using a technique called task batching. This means grouping similar tasks together. For example, set aside time just for legal work, and then move on to finance and marketing. This keeps your focus sharp and makes progress easier.

As you get things moving, organization will be crucial. Collingwood recommends using tools like a Gantt chart for project management. “Set reasonable deadlines for yourself and any external professionals you’re working with. This keeps projects on track and prevents delays from piling up,” he explains.

Remember, your sabbatical is also for rest and rejuvenation. Take breaks, or even a few days off, to recharge. Jane Galloway, founder of Quiet the Hive, reminds us, “Don’t forget why you took this time off. Enjoy this opportunity to step away from work and take care of yourself, too.” Finding the right balance is key to making the most of your time away.

In summary, use your sabbatical wisely. Focus on setting up your new business early on. Keep tasks organized and manageable. And don’t overlook the importance of taking time to relax and enjoy this unique period in your life.

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