ABSTRACT

One of the common questions many entrepreneurs have is regarding being a part-time entrepreneur and business founder—oftentimes called “Moonlighting.” Particularly when the business is just getting started, perhaps you intend to solely focus evenings and weekends on the business, while retaining the regular job (and the salary) at the same time. Many successful businesses began as a side project or a part-time project—so being a part-time founder is not unheard of. Many entrepreneurs starting green businesses have begun to look to certain new types of corporate entities, rather than traditional corporations, LLCs or partnerships. Teddy Muir and Rebecca Carson both agreed that long term they would definitely need to raise money, probably from venture capital or other corporate investors. However, they thought there was a period of several years of development before they’d need to make that decision.