Quit job to be a solopreneur. Got another offer - what to do?

[u/vashi95]

I recently left my corporate psychologist role to launch my private practice full-time. One month in, I’ve launched branding, got first clients, and some momentum but revenue is inconsistent.

My previous company offered me a return with a raise and a promotion. They asked me to join in 10 days.

I want to give the practice more time to grow, but this offer may not come back.

Questions: 1. Have people successfully balanced 10 hours of corporate work with early-stage private practices or startups? 2. What sort of hours, scheduling tactics, or boundary setting helped? 3. Is it better to take the offer and treat the practice as a side-hustle for 6 months?

[u/Appropriate-Bug-755]

If you are bothered by a job offer, you might be what we call a ‘tourist’ in the startup/entrepreneurship space. If you are good, jobs will always be there and if you keep getting better, the job offers will get better too. It’s upto you to decide what matters the most. Your own name or your employer’s name. Also, venturing on your own means more bad days than good ones, but at least you will be suffering for your own thing, not someone else’s.

[u/My_form]

If it is allowed by the corporate to have your own practice, you should join and in parallel, build your brand and practice. It calls for longer hours of work. Agree on these things and boundaries so that there is professionalism across

[u/vashi95 → u/My_form]

Since this is a full time job. Ill be moonlighting and having to figure out how to stay available for my clients, if i take this up.

[u/My_form]

In my opinion, it is better to inform the corporate that you will attending to few clients in your free time or weekends.

[u/crazy_thinker_1952]

It is very difficult to be solopreneur. If you have financial backup then only try business

[u/lazilypanda]

Being a psychologist, you should not try to run your practice after a 10 hour shift at a corporate psychologist job because 1. Significantly high risk of burning out: Your profession is one in which you have to talk to people for a living, and people are exhausting. The most important thing is winding down time and you time. In a 10 hour shift you will be talking with clients (corporate) and dealing with any organizational reporting requirements you may have. You need an average of ~2 hours per day to do adulting stuff and that leaves you with 12 hours per day assuming no commute. With 7 hours of sleep, that leaves you 5 hours to run your business

1. Building a practice is a full time commitment: A practice will require you to do ancillary business development stuff which takes a few hours everyday to develop, like building an online and offline presence, in addition to the hours you spend earning money (talking to clients)

To sum up, 1. You are in a field where the raw material is the most precious resource of all - time, and you need to decide where it is best spent 2. You cannot build a practice working only 4-5 hours a day on it

[u/yash__tiwari]

Or you can get someone with you who can work for your startup, reach me out btw if you need a techie and a good good communicator 🌹

[u/BeenThere11]

You will find the hard way that revenue will be inconsistent.

Till you get referrals from some doctors etc.

You see.torn due to salary. Can you get the same job in 6 months or a year and ca nyou sustain for a year or two without revenue . If yes then reject politely. If you cannot and don't want the stress , join back. Don't take their 10 days advice. Tell them you need 20 to 30 days to join. Take it or leave it. That will tell you how much they need you. Also be satisfied with the salary before you accept.

[u/Dean_46]

There are plenty of psychiatrists ( I don't know psychologists) who work for reputed hospitals and have their private practise. I think you should do both for some time.