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I was sitting cross-legged on the double bed in my hotel room, my laptop in front of me, staring at 3D models of the product I was going to produce with my friend.Back then, I worked full time for a big corporation spending four to five days living in a hotel.Each day, after my day job I would take my laptop, sit on my double bed, and start working on my side gig.The nature of my full-time job as a business consultant, living in a hotel for most of my week, was taking away so much freedom from my lifestyle. I was away from home four to five nights a week, no time for friends, for my girlfriend or even myself.One day, a friend and I decided to design a charging cable that could fit on your key ring, manufacture it in China, and launch it online. We ended up selling a few thousand units (and pretty much breaking even).Here’s the plot twist: while I was still getting things ready for launch and still working with the manufacturer, I decided to quit my job. I was sure things were about to take off fast.They didn’t, and quitting my job took an unexpected turn.After speaking to my manager, I felt relieved: she reacted supportively, and I initiated my notice period with a sense of excitement towards focusing on my mission full time. That excitement quickly turned into anxiety, as the days went by and my savings kept shrinking. The project was delayed, and I went into survival mode.I started to wonder whether I had made a huge mistake and threw myself into the jaws of a beast I was unable to tame. A beast devouring my time and money with no end in sight.I didn’t know it back then, but like most entrepreneurs I carried a ton of self-sabotage, slowing my progress like a ball-and-chain.Luckily for my present self, this all happened a few years ago: I may be a slow student, but I eventually learned my lesson.However, in day-to-day conversations, in my inbox, and especially reading the group coaching applications I receive, I see many other wantrepreneurs making the same move in good faith: wanting to grow their project by cutting the very tubes that keep both alive and thriving.Let me dispel the full-time myth and say this out loud: people that start their business with a full-time job have an unfair advantage over those that have quit their job.Here are the five main advantages you have by starting a business while you have a full-time job.Number one: a steady paycheckYou may take this for granted and underestimate your business timeline, but a regular income means that you can allow yourself to have longterm thinking and headspace. Instead of making a business decision because you have to, you can build your business around your lifestyle, not mere survival.Do you want to be location-dependent or not?What kind of business do you want instead of just chasing a shiny object?These are all questions that only the thriving can afford to ask. A regular income means that you won’t be tempted to make a rash decision based on needing money right now. These short-term decisions can have a huge impact on the long term results of your business.Number two: sticking to one product or serviceEntrepreneurs that are in “survival mode” diversify a lot and that is because they want to solve a cash flow situation: they have no choice but to agree to any and all options. This gets very distracting, very fast as you scramble to manage a plethora of services you cannot standardise or outsource.Even when guiding established CEOs through a business transformation (such as an investment round, or a sudden growth in their team), I can notice how these past decisions create a lot of complexity.Old clients that the business took on to fix a cash flow issue maybe a quick patch, but create a lot of ballast when growing and standardising.When you build your business by zigzagging your way towards the next paycheck, you can’t stick to one service and you can’t standardize.Too much diversity keeps you stuck in a loop of chasing a short term paycheck limiting your growth.Number three: constraints great solid foundationsDo you feel limited by the 9–5? Sure, having several time constraints means that you have less time and energy for your mission, but here’s the upside.Time constraints mean that you must choose what to focus on, and either eliminate, automate, or delegate the rest. You may not realise it now, but this will become a massive advantage when you decide to go full time because your business will be lean and ready to scale. You’ve already built it as an organization instead of a solo business, and you’ve focused on the vital few.Future growth will just be a natural process instead of a radical and traumatic change to your business and lifestyle.Number four: focusing on your strengthsLimited time and energy force you to focus on the right activities, but they also shield you from getting distracted by the latest idea.Switching to the latest, shiny idea instead of pushing through a challenging time, is a manifestation of self-sabotage. Instead of taking responsibility for your results and adjusting, we jump onto another ship. Until something else appears on the horizon, apparently easier and faster. If you are part-time on your business, then you have to focus on what works: you have less time for doubt and distractions.Like point three, knowing that you can only do so much will drive you to things you can spend the least amount of energy on what gives you disproportionate results.Number five: feeding vs starving your businessWith any growing business, you want to feed the beast first. You want to keep a good chunk of the money that your business generates to grow the business beyond your personal time and efforts. You can do this by leveraging technology, people, and new audiences (such as advertising) instead of selfishly taking all resources away from the business and throw it at rent or lifestyle. That’s quite literally like biting the hand that feeds you.To be able to keep feeding the beast, initially, you may have to provide for yourself in a different way: your job. You want to pay yourself from the business’ surplus, not by taking out all resources.Imagine being a farmer depending on an ox to plough your field. Unless you feed the ox first, you’ll both starve. But if you look after the ox and get him some fun times, your farm will become more efficient and able to provide for you. Feed the beast.A full-time job can be a great platform (or an excuse)Here’s the truth: the myth that you have to be full time on your business in order to be successful is just an excuse not to take action. Nowadays, we have so much access to information and software, that most people can start a business on the side and grow it before going full time on it.I have seen many part-time entrepreneurs-in-the-making starting a side business in weeks, all while still having a 9–5.You may think that your job is slowing your dreams down, and let that stop you altogether from pursuing your dreams. Or you can focus on the advantages of having a full-time job, and start taking action. At some point, you’ll be naturally ready to go full time if you want to.Are you working on a side business? Check out my one dollar 5-day course to validate your business idea, and…say hi on Insta if you’re there!– Matt

I thought about it, decided not to, ended up regretting it, but everything turned out okay in the end.When I was a high school senior in 2003, I applied to eight colleges: Columbia (I applied Early Decision), Harvard, Johns Hopkins, Georgetown, Tufts, Washington University in St. Louis, Penn State, and University of Maryland. Basically, a standard slate of reach schools, “fit” schools (ones you are almost certain you have the grades and test scores for, but they're not a sure thing) and safety schools (ones you will certainly get into and will likely offer you scholarship money).Columbia was my first choice, obviously, but I was deferred during the early application period and then rejected in April. WashU was a little surprising: they waitlisted me (they probably were worried about their yield and figured that a student from Maryland with my grades and scores wouldn't decide to come, and they were right). I was accepted by all the others, and got into the honors programs and got substantial scholarship offers at Penn State and UMD.I crossed Penn State and UMD off the list immediately. Penn State actually appealed to me—they had a program called IST that was aligned with my career plans to go into IT, and I liked the campus and their honors program—but with all the other options I had, I decided one of the more prestigious schools would be a better option.I visited JHU first, since that school was in my hometown of Baltimore, and the students there actually said, when I mentioned that I had been accepted there, that I would be crazy to choose JHU over Harvard. They said that JHU had the same difficulty and workload, but not nearly as much prestige, and was full of people who had wanted to go to Harvard but weren't accepted. (I'm not being cocky; this was literally what they said.) There was also only housing on campus for freshmen and sophomores at the time (my understanding is that it's a bit better now).I then visited Georgetown. I actually really liked Georgetown. I stayed with a friend from my high school who was one year ahead of me and who I really respected. He was a little jealous that I had gotten into Harvard and he hadn't, but he seemed to be really enjoying Georgetown. I liked the campus, liked the classes I sat in on, liked the fact that it was only an hour from home (far enough to get away from my parents, but close enough to easily go home for the weekend if I was homesick), but most importantly, liked that the academics seemed to be plenty rigorous but with a much lower workload than the JHU students had mentioned.I then took a long weekend in Boston to visit Tufts and Harvard. I did not like Tufts. Suffice it. To say that I was not impressed by dorm life or by academics. I have a friend who was in my class in high school who was very smart and she ended up liking it there, but I came away from the visit with Tufts firmly crossed off my list.So before I took the Red Line two stops down to Harvard Square, it was a two way race between Georgetown and Harvard. By the middle of the next day, Georgetown was off the list. If you've ever visited Harvard, you know that there is a certain presence, a certain mystique, as you walk through Harvard Yard. When I visited before applying, it was imposing and made me feel a bit unworthy. I remember walking through there on that weekend in late April (a beautiful, warm, sunny weekend) and thinking that it was much less imposing. I no longer felt unworthy, because the Harvard admissions committee had seen a reason that I belonged here, so I believed them.Furthermore, talking with the other accepted students, I saw firsthand what an admit rate of 10% (far lower now) allows the admissions committee to do. Everyone I talked to was incredibly smart and was impressive in some way. (Harvard loves to admit “pointy” applicants—ones who are well rounded overall without any apparent deficiencies, but have distinguished themselves in one way or another, usually due to a passion for some particular subject or activity. I saw this over and over again.) What was even more amazing was that most of these super impressive people also seemed fairly normal to talk to. Besides the overall awkwardness of a college admit weekend, there was no indication that these people were the stereotypical antisocial nerds in basements.There were some early hints that not all was sunshine and rainbows. While I was a couple miles away at Tufts, it was pouring down rain. The grass in the Yard was dead along the paths and had been reseeded and roped off. The students I stayed with said that the workload was pretty high—10-12 hours a day on average, although they could usually take Saturdays off. Unlike most schools, Harvard still had exams after winter break, meaning a short break with the spector of high-stakes graded assessments hanging over you.But I decided the mystique of Harvard and my new classmates outweighed the warning signs. I signed the paper, and let the other schools know that I would not be accepting their offer.——The reality was a little more sobering. I arrived in September 2004, but ended up taking a leave of absence near the end of my first term, due to a combination of academic and mental-health issues. The issues reinforced each other, but they both had external sources. Anyone who has said Harvard is “easy” and that it's hard not to get an A, has never taken a class at Harvard (more on this in a bit). And Boston is not a good city for teenagers with seasonal depression (I was one of those teenagers).Luckily, although it is quite hard to get into Harvard initially, they also make it quite hard to get kicked out. (I have a feeling this is one of the ways they maintain their superiority in the US News rankings.) If you do have academic or health problems, they have very well established procedures on how to fix your problems and return in an orderly manner at a later date. So I went home, then off to Utah to run a computer refurbishing program as an Americorps VISTA for a year, and returned to Harvard in the fall of 2006.It still wasn't easy this time around. I am sure there are Harvard students who are smart enough to breeze through. I wasn't one of them. Neither were most of my closest friends (although one of my roommates sophomore and junior years did seem to have a knack for taking six classes per semester rather than the normal four, and not by choosing easy ones). The Harvard admissions folks love to say that 90% of applicants can do the work, but they can only accept 10% or less. I regularly talked to people, especially during midterm season, who wondered if the admissions committee had been wrong about them and they actually weren't part of the 90% who could do the work.It also didn't help that extracurriculars held such an important place in the school culture. Harvard loves to say that they are not a trade school. Besides engineering, there are no “concentrations” (majors, for those who don't speak hoity-toity Harvardese) that are practical ones. There is no undergrad business degree. No nursing major. No accounting or finance. No journalism school. Even CS is more of a theoretical major than at most other schools—any programming you learn is as a vehicle to demonstrate your knowledge of algorithms, frameworks, and the theory of interactions with hardware, networks, and operating systems. “Web Development 101” is not a thing there. As for everyone else who wants a “practical” degree, applied mathematics, economics, biology, or government are about as close as you can get.It was expected that some would attend graduate programs as their “trade school,” but if you wanted to go into the workforce right after graduation, that meant you needed to get experience some other way. So you picked up a couple extracurriculars. But they were brutal. First you had to “comp” to show you were serious. Then, once you did that, you had to devote 10-20 hours per week to your organization. If you were in a leadership position, that could easily go up to 40 or more hours per week—a full-time job on top of your rigorous academic schedule.I focused on two extracurriculars: my campus job at the student computing help desk, where I was eventually promoted to a supervisor position; and the Harvard Crimson, the daily student newspaper, where I comped the photo board, then later comped the IT board and “shot” for a leadership position as the sysadmin. I later left the student help desk and was hired as the IT Director at Harvard Student Agencies, a student run nonprofit that provided campus services and published the Let's Go travel guides.Yes, I did it to myself, but it's expected, and useful as career training. In fact, the student help desk positions, IT Director experience at HSA, and IT Board experience at the Crimson looked great to my current employer on my resume as I was trying to get hired in the midst of the Great Recession in 2010.The final problem was mental health. Boston is on the far eastern part of the Eastern timezone, so once we reverted from Daylight Savings in the late fall, it got dark early. I remember in Fall 2006, when I had a gov class and a photo class on Tuesdays and Thursdays. On days when I slept through my gov class (which happened more frequently as my seasonal depression deepened in November), I would only see about an hour of light between when I left my dorm for lunch and when I descended into the basement of the arts building for my 1-4pm photo class. When I left class, it was already dark.For those who don't know, sunlight is important to prevent seasonal depression. I had a sunlamp, and got my money's worth out of it while I was up there. The rigorous workload and lack of downtime didn't help matters either. Every fall, sometime between early October and early December, I got a note from my psychiatrist that I handed to my professors, requesting leniency on deadlines while I dealt with depression. It's a regular enough problem at Harvard that they had all seen it before. Furthermore, it was pretty apparent that I was not alone in my seasonal misery: the student evaluations for fall term courses, completed in December, were a few tenths lower across the board compared to the spring term ones, completed in June.Add it all up and there were times that I said with despair, “Why didn't I just go to Penn State?” And I ended up with some As, more Bs, and a couple of Cs for good measure.——That's not to say there weren't good things. The residential life communities are second to none, and some of my fondest memories come from experiences and interactions I had in my “House.” I took some amazing classes, including one from a political appointee in the Reagan and GHW Bush Administrations on The American Presidency, one from a celebrity psychologist, and one from an MD-Ph.D-MPH who was one of Time Magazine's 100 Most Influential People that year on Medicine in Social Context. I made some great friends, including a few who are already doing amazing things in tech, politics, journalism, and humanitarian work, and I was 100% right that all my classmates were super smart and yet most of them were also quite nice. My extracurriculars ended up preparing me well for the real world. And I met my wife, who was at MIT, my senior year.All told, it worked out in the end, and I wouldn't change anything now. But I sure regretted not going somewhere else quite a bit when I was there.