When can I quit my job! I wish I could just run my business full-time! I want to be my own boss!
Have you caught yourself saying those words to yourself? Of course, you have. You probably wouldn’t have clicked the link otherwise. We find ourselves watching those we idolize what we want to be doing. The best part about it is if they could do it you can too. There are everyday people who are able to quit their 9-5 jobs and start running their business. Instead of asking yourself why you aren’t one of them here are a couple questions you should be asking yourself first:
Do you have a goal?
My dad always wanted me to set goals when I was younger. I’m not going to lie, it took a very long time for me to see the value in goal setting. When you set goals you have something to aim for. Imagine football with no end zone, basketball with no hoop or golf with no hole! If there is no end you’re simply playing yourself and wasting your time. Setting a goal is not enough on its own. You have to have a plan.
Do you have a plan?
Okay, now we have our end zone, our hoop or our hole. How do we get there? That is where a plan comes in play. When you develop your plan and your goal it is best to set realistic expectations for yourself. Just because you’re entering a billion dollar industry does not mean you will be able to jump into that market and carve out a piece for yourself. Look at what you have been doing for success and what you can add to your current methods to bring in more clients, sales etc..
How much money do you need?
In my case knowing how much money I needed before I quit my job was key. This is a number only you or a financial advisor can figure out for you. I made that number my goal and the web design, graphic design, photography, videography and social media strategy services were all part of my plan to get to that goal. This process looks different for everyone but it is a good place to start. You may realize in order to have all your bills paid and belly full is less than you thought. You may also realize that trading in your 9-5 for a part time job may be the answer. These are the tough decisions that only you can make.