One of the most exciting parts of becoming your own boss and finally leaving the restrictions of your 9 to 5 job is exactly that: you’ll never need to worry about being stuck doing the same thing each day for the same fixed income.
For all of us who have that entrepreneurial tick that constantly whispers for us to get out while we still can, there are certain things we need to do to ensure we successfully make the transition, without finding ourselves back in human resources asking for our job back a month later.
We will never support anyone who quits their job cold turkey with only a dream in mind. You need to have a strong plan for how you plan on making ends meet until your business gets off the ground. Before quitting that job, have as much of your business planned out and ready to go. If you can keep both incomes going for even a little while, you’ll be more financially stable and ready to make the switch.
Many of us start a new business without the necessary skills in order to control every process on our own. If you’ve already got a Marketing or Accounting diploma, great, but it’s wise to learn some of these skills in your own time, take a few college courses, and truly feel comfortable with the expertise required to run a business.
So many people have dreams of leaving that 9 to 5, but it remains just that. It can be intimidating knowing that being on your own means you’ll be responsible for ensuring your make enough income to pay your bills. You’ll also be giving up that benefit and retirement package that so many people work toward. If you’re entirely serious about starting your own business, set a date. It doesn’t need to be firm but it does need to be realistic.
You may reach out to other business owners for advice and mentorship, but don’t let their stories on how they started out and made it big in a matter of weeks lead you into believing you need to do the same. You need to goat your own pace and ensure you’re completely comfortable and ready to take on this commitment. You’re not other business owners, you’re yourself and you’ve got your own strengths to bring to the game.
Don’t get scared. If you’ve come this far, learned new skills, and are truly ready to take on the world of entrepreneurship, remember why you’re doing this. If you’ve got your mindset on never needing to waste a vacation day just to leave for a doctor’s appointment, then don’t let anything stand in your way.