Published 25.10.2024 ∙ Updated 25.10.2024

From salaried to light entrepreneur - a step-by-step transition provides the keys to success

Light entrepreneurship is a great way to explore new career opportunities and develop your own business in a flexible way, without a big initial investment. Many light entrepreneurs start their business part-time, for example alongside paid work or studies. At some point, however, the question arises: could this become a full-time career? In this article, we offer concrete tips and a step-by-step plan to help you make the transition from wage employment to becoming a light entrepreneur and start your journey towards entrepreneurship.

1. Identify demand and analyse business opportunities

The first step is to find out whether there is sufficient demand in your current business. Do you already know who your key customers are, and how to reach them? Assess how wide a customer base you can serve and see if there is potential for growth in your sector. If there is demand, you can start planning at this stage how to increase your client base or expand your services.

Tip: Customer surveys and feedback are a great way to understand what your customers really value and where they need more value.

2. Draw up a financial plan and budget

The transition from wage to light entrepreneur, or from part-time light entrepreneur to full-time entrepreneur, requires financial planning to increase your income security and make sure your business can cope with slower periods. Draw up a realistic budget that covers both business expenses and your own living costs. Consider how much you will need to save to make the transition and how much of a client base you will need to maintain a stable income.

Tip: Also take into account seasonal variations and consider what contingency plans can help during any slow months.

3. Expand your network and increase your visibility

Becoming a full-time entrepreneur often requires a broader customer base. Expanding your networks and increasing the visibility of your service is key. Take advantage of social media channels, LinkedIn, or industry events to network and raise awareness of your service.

Tip: Stay active in industry groups and support your own expertise, for example through blog posts sharing your knowledge and experiences.

4. Improve your sales skills and customer service

Sales and customer service are at the heart of a light entrepreneur's daily life. As you move into full-time light entrepreneurship, it is important that you can demonstrate the value of your service to potential customers and keep your existing customers happy. Improve your sales skills and develop your customer service processes so that your customers keep coming back time and time again.

Tip: Good customer service and positive customer experiences help build a loyal customer base and can generate referrals from new customers.

5. Try a gradual transition from wage employment to light entrepreneurship

If moving to full-time seems like too big a leap, try a gradual transition. For example, you could gradually increase your workload or test expanding your business before making the final move. If you are still in paid employment, you could, depending on your financial situation, move to part-time work first to give you more time for light entrepreneurship.

Tip: A gradual transition gives you time to see how the business develops and how well its income can cover your financial needs.

From wages to light entrepreneurship - Kevyesti.fi is here to help

6. Take advantage of Kevyesti.fi's services to support you during the transition

Kevyesti.fi offers services that can help light entrepreneurs in their transition. For example, the possibility to receive your salary in advance, before your customer has paid your invoices, helps to balance income and plan your finances in advance. It also allows a light entrepreneur to focus on developing their business without having to worry about invoicing or paperwork - Kevyesti.fi takes care of that for you. Our customer service will assist you with invoicing and other light entrepreneurship-related issues, if needed. Let's make entrepreneurship easier together! Contact us, we'll get you started, easily and quickly, but above all - lightly!

7. Be prepared to learn and develop yourself continuously

The transition from a salaried to a light entrepreneur brings with it new responsibilities and opportunities, and there are challenges along the way from which you can learn a lot. Be ready to develop your skills and grow as an entrepreneur. Follow industry trends, update your skills and develop your business according to your clients' needs. For example, you can take part in free courses on Business Finland's website, which are mostly aimed at budding entrepreneurs. The courses are varied and cover many different areas. You can view the current courses Here.

Tip: Join entrepreneurial networks or mentoring schemes where you can get support and learn from other experienced entrepreneurs. There are also many social media channels for light entrepreneurs, where you can get tips and advice from other entrepreneurial people. You can also share your own ideas on these channels and help others to succeed.

Kevyesti.fi supports you on your journey towards full-time entrepreneurship

Becoming a full-time light entrepreneur is a big decision, but it's entirely achievable if you plan your transition carefully and keep your goals clear. Kevyesti.fi is your partner throughout the journey, providing services that allow you to focus on your core business and grow your business in a controlled way. Remember that success takes time and patience, but the reward is worth it - full-time entrepreneurship brings freedom and the opportunity to build a career of your own.

You can start the gradual transition from a salaried job to a light entrepreneur by registering for free on the Kevyesti.fi invoicing service.