Breaking Free: A Step-by-Step Guide to Leaving Your Job and Growing Your Business
Are you tired of feeling trapped in a corporate job that’s sucking the life out of you? Do you dream of running your own business and living a life of freedom and purpose? If so, you’re not alone.
Ten years ago, I was in the same shoes. I was stressed, unhappy, and feeling stuck. But I knew I had to take the leap and pursue my passion. It wasn’t easy, but it was worth it. Today, I’m living my dream and I want to help you do the same.
Before You Quit: Ground Rules for Success
Before you hand in your resignation letter, make sure you’ve got a solid plan in place. Here are the ground rules to follow:
- Do everything you can on the side: Use your mornings, evenings, and weekends to build your business. The longer you have to prepare, the easier it will be.
- Seek advice from others: Talk to entrepreneurs, family, and friends who understand your business. Don’t make the decision to quit alone.
- Don’t let fear hold you back: Figure out insurance, benefits, and retirement. It’s not a reason to stay in a job that’s making you miserable.
- Ask yourself the tough questions: What’s the worst that could happen if you pursue your dream? What’s the best that could happen? Is it worth it?
The 5 Critical Pieces to Quitting Your Day Job
To successfully leave your job and grow your business, you need to have these five critical pieces in place:
- Financial: Create financial projections, save 3-6 months’ worth of expenses, and set up a budget for your personal and business expenses.
- Community: Join an accountability group, look for Facebook groups or membership sites, and find other entrepreneurs who understand you.
- A Viable Business Idea: Test your idea, identify your ideal client avatar, and make sure your business solves a problem or provides an incredible experience.
- Schedule/Calendar: Take control of your calendar, block out time for revenue-generating tasks, and plan a weekly review session.
- Professional Team: Assemble a team of professionals who can help you with tasks you’re not good at or don’t love. This includes a bookkeeper, CPA, lawyer, and virtual assistant.
Conclusion
Leaving your job and growing your business takes courage, planning, and hard work. But if you’re willing to put in the effort, the rewards are well worth it.
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