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Q

I've got a great job, but I've also been bitten by the bug. Is it realistic to try to build a successful business part time?

You need to be careful of the IP rules that are part of your employment agreement … some companies try to claim ownership of everything you do (even on your own time) while employed by them … that said, assuming that’s not an issue, do as much as your pre-launch research as you can before leaving paid work … but running a business on the side can be quite draining, and I don’t believe that successful startups can be built “part time” .. they tend to consume all of you. Also, be careful that your extracurricular activities don’t impair your performance at work … you have an obligation to your employer. At some point, you are going to probably need to make the leap into a new business full time … or find someone to run the new business.

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