Austin360 blogs > Digital Savant > Archives > 2009 > March > 16 > Entry

Panel: Building a Web Business After Hours

Date/Time: 3:30 p.m. Monday

Panelists: Gretchen Heber (NaturallyCurly.com; formerly a journalist at the American-Statesman), Jeremy Bencken (Buzzstream), Aruni Gunasegaram (Babble Soft LLC), David Altounian (iTaggit.com), Elisa Camahort Page (BlogHer Inc)

The gist: Ideas on managing a Web business on the site while you have a day job.

Takeaways: — A good partner in your venture makes life much easier. Besides doing part of the work, he or she can contribute skills that complement yours. The moral support of a partner is also essential. While friends and family can commiserate to a degree, only a partner understands what you’re really going for with the business. Make sure that your partner shares similar goals in areas like how much money you expect to make and how much time you expect to put into the business.

— Don’t mix up your side work and your company’s work. Doing your own gig on company time and company equipment can mean the company owns your work.

— Be clear with family and friends about the time you’ll have to devote to your venture.

— Be careful when you accept external funding. If you’re working on your venture part time, make sure an investor doesn’t expect you to be working on it full time.

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