Step 1) Make a list of how much money it takes for you to operate every month--rent, expenses, and all that.

Step 2) Calculate exactly how much you are bringing in after taxes with your regular job each month. Are you making enough to afford your expenses or are you slowly (or quickly) getting into a hole?

Step 3) If you are getting into a hole, you need to either a) work harder at your present entrepreneurial initiative or job or b) seek alternate sources of income. For me, it's easier to make a $1,000 a month from many sources of income than $15,000 a month from one--that's me though you might be different.

Step 4) Make a list of alternate sources of income you are interested in: a) early morning newspaper route, b) waiting tables on the weekend, c) internet marketing. I personally like internet marketing sites like ehow, bukisa, and groundreport because they offer residual sources of income.

Step 5) Set goals for your alternate sources of income and hold yourself accountable to those goals.

If you like this article, check out another article of mine at the following link:

http://www.ehow.com/how_5186542_start-small-company.html