Every entrepreneur reaches a pivotal moment. The moment they consider leaving job for business. It's a step fraught with uncertainty and risk. But it's also a step towards potential freedom and success. However, when is the right time? Many advise not... CONTINUED BELOW 🔽
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Every entrepreneur reaches a pivotal moment.
The moment they consider leaving job for business.
It's a step fraught with uncertainty and risk.
But it's also a step towards potential freedom and success.
However, when is the right time?
Many advise not leaving job for business until your new venture earns double your job's income.
The reason is straightforward.
Entrepreneurship is unpredictable.
Expenses can spring out of nowhere.
Revenues might fluctuate month-to-month.
Even the best market analyses can't predict all twists and turns.
So, having that financial cushion is crucial.
Yet, this isn't a rule set in stone.
Everyone's financial commitments are unique.
Some may need more, some less.
Besides financials, there's a mental aspect.
Leaving job for business isn't just about economics.
It's a shift in mindset and lifestyle.
Endless workdays.
Constant learning and adapting.
Facing failures and celebrating wins.
You're not just changing your work; you're changing your life.
Are you ready for it?
It's essential to be mentally fortified.
Entrepreneurship is demanding.
On top of that, ensure you're well-informed.
Seek guidance.
Network with those who've been through it.
Deep-dive into your chosen industry's intricacies.
After all, leaving job for business isn't just about leaving a job.
It's about starting a new chapter.
So, before turning that page, ensure you're truly prepared.
🤔 Leaving Job for Business: Navigating the Leap into Entrepreneurship
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