What are your opinions on two different business concepts combined

I don't see those two fields as being naturally compatible. It would be better from a marketing perspective to keep them separate.

Also, you don't say how much time you have to develop your business, or what financial constraints, if any, you'll be working under. Nevertheless, if you're starting from scratch, my advice would be to concentrate on one or the other. By chasing them both, you risk diluting your focus.

I wholeheartedly agree with Frank above and would definitely keep them separate ultimately but I personally feel that it would be beneficial to hone your focus in on one first and then once that one is established and doing well to where you are maintaining it THEN you can move onward towards the other business because you can easily overwhelm yourself trying to tackle so much at one time.


Damien

If you want to do both I would build them out separately, as everyone else has said.

Personally, I would never start a web design service. I can go find someone that will provide the same quality work for dirt cheap that others would need to charge much more to make a living at it. But that's just me.

From a business stand point I think that web design and graphic design work could easily bring you more of that financial freedom, creative, and personal growth you are looking for.

You mentioned that you love to teach, and I believe that's where the personal development part will come into play.

There are tons of people out there who are looking to learn some of those skills that you have to share, and you could easily build a following and customer base from that. Whether it's creating your own course or doing some private 1-on-1 coaching.

If you take your business in that direction you will get to experience first hand some of the personal development you're able to inspire in others.

I've been coaching entrepreneurs on how to build their businesses online and half the battle is often the mental blocks people put on themselves and the coaching allows you help them break through it.

Maybe that's route you may want to explore? Kind of a mix of both.

Hope that helps

I agree with everyone above about focusing on one main business idea.

I have some experience in trying to build multiple business at once and it just doesn't work.
I started an Amazon FBA business and thought I could start an internet marketing business at the same time. And why not start a niche site while I'm at it.

After two months of spinning my wheels and accomplishing nothing in any of the three projects, I realized what an idiot I was and focused solely on the FBA business. I put everything I had into that for a year and a half and now it's humming along and making me money.

I then shifted gears back to my internet marketing business and started working on that project again.

I totally understand the fear of pouring everything into one project and having it fail. But you have to have confidence in yourself and be willing to take the risk. If you try to play it safe with a backup project you won't do either well and they will both be failures.

My advice is to go with the business idea that inspires you most and give it all you've got. Once it's up and running and making you money, then you can think about starting another project.

I hope this helps and good luck,
Brad

Since you are staring at the possibility of getting a day job, why not try to get one in the field you want to pursue?

For example, could you land a design job with an agency or the marketing department of a larger company?

Could you find a job as a counselor/coach/etc.?

One piece of advice I often see, and agree with, is if you want to start a business but aren't sure about it, get a job in the field and learn from the inside.

Lots of people open bars and restaurants without ever having worked in one, so they have no real clue about what goes into a successful one. The failure rate among these folks is even higher than the failure rate in general.

Since your window for getting up and running without financial stress is only a few months, I'd look hard and long at the "get a job and start my business on the side" approach. Much like dogs smelling fear, business prospects can smell desperation. It can lead you into taking on projects and clients you ordinarily wouldn't touch. Get a few of these, and you'll look back on your teaching job as the good old days...

I like your plan as building multiple streams of income makes sense. But as mentioned above it really makes sense to focus on one until it is really up and running and then start to build another.