I started working at the current company about 2 years ago. The activity I do at my company is to build portal applications in Liferay. Since then, I’ve thought about starting my own business and I have a very good idea that I think is original so it will be a success if implemented.
The thing is now that I work at my idea after work-hours and I don’t use the code/contacts that I have at my company. I plan that after my idea will be put into practice even more and it will grow, to become a full-time entrepreneur and to give my resignation to my company.
I know that you told your company about your own business but in my case I don’t consider this a good practice. This is because they will start questioning my work and will have an extra reason to blame me if there are delays in the timeline of the projects(and like any programmer knows – there are cases when deadlines are overdue).
What do you think can happen if I continue to work outside the work hours(at home) for my project without anyone knowing and at some point submit my resignation and continue with my own work?

Thanks!

If you start with something, you will later find out that if you are as an entrepreneur you will find many opportunities ahead, maybe things that you don’t know yet how to do. If you are a real entrepreneur you will realize that you might not know how to do things, but all it matters is to make them happen.

That’s an excellent question. There are a lot of aspects to be considered:
- I’m at my second regular 9 to 5 job since I have my company. In both cases, I anounced that I have a company since my interview time – they knew the risk and they accepted.
- I never went to hire myself at a company that is in direct competition with what I do (mostly web design). Of course, I think I could probably use some of the contacts there or other confidential information for my own company, but I NEVER did.
- It’s a matter of trust. I actually speak freely about my company with the CEO of the 9 to 5 job and even ask for advices!! I was able to do this, because I’m trustful and committed enough to the 9 to 5 job so the side job is accepted.

Some advices would be:
- never be against law
- never brake the rules/contracts you have with the 9 to 5 company

- be good enough to the 9 to 5 job so they want you so bad ot doesn’t matter what else you do.
- never hire yourself to a direct competition or start a competition business….

I just had one doubt in my mind. Which big corporate company would allow to have you a part time job in the same area of business in which it is working.
It will be like a competition for them.

Also, one who is working in that manner, chances
are that one can use the client details of the corporate firm and may use it for his own benefit. Also, they do care about their data security in other sense also.

Can you name few companies which allow for this kind of flexibility, where an employee can have his own business running after office hours. Of course, since you are already doing it, there might be corporate firms who would be allowing it, but out of curosity i am asking this.

Cheers,

sthadeshwar

Saludos desde Mexico

Well, it has both. Local and UK, Austria, USA.

Wondering if your web development company has local or foreign costumers…

I’m not from USA, I’m from Eastern Europe, and social security here is bad as well.

And second, I’ve also wrote some things on “necessity entrepreneurship“:

“The necessity entrepreneurship appears basically when you can’t find a job or something to support your living and you have to start a business. The opportunity entrepreneurship appears when you want to make a little extra in your life than having a simple job. (once again a non scientific explanation) But what is important is that in rich countries you have more opportunity entrepreneurship than necessity entrepreneurship. To put it in a simpler way, if your family has some money put aside, it’s easier to start a business, because you can support your life standards until your business pays dividends.”

Of course, there are also a lot of studies and statistics saying what you’re saying.

Good luck with your business and blog!

See
Here

Regards,

cdorob

Man, you are like Superman, or something! How you manage to have 2 jobs at the same time, I have no idea!

How do you get that energy?

Please blog about it!

Thanx!

I own and manage a small Web Design company called Energybyte http://www.energybyte.com Also, some of my entrepreneurship experience comes from one of my previous jobs where I had to chance to work directly with the company owners and grow the business from a 7 people team to a 30 people team and ~200% growth each year – which was an invaluable experience from the entrepreneurship point of view.

Best Regards,

Cristian Dorobantescu