Launching your own business can be scary. Quitting your full-time job in order to do so is even scarier.
But think of your life dream becoming a reality when you devote all your time and effort into it… Wouldn’t that be worth making the leap?
How do you know that it’s finally the right time to eschew employment for self-employment? What factors do you need to consider so you can be confident in launching your own enterprise?
For the greater majority, a corporate career is a lifetime thing. A steady paycheck can provide a stable foundation for a household, and there’s something comfortable in the pattern and predictability of fixed work hours.
The times are a-changing though, and the trend towards self-employment continues to grow year by year. Moreover, it’s no longer uncommon to have multiple income streams as people launch online businesses or take on gigs in addition to their full-time jobs.
Sooner or later you’ll have to decide whether it’s now worth quitting your job so you can go all-in on your enterprise.
Before you make that decision, you need to be fully aware of the following first: