Unfilter Yourself

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Josie Smith

15 October 2024

40m 13s

Ep. 130: Is it Time to Say Goodbye? 3 Signs You're Ready to Leave Your 9-5 Job for Full-Time Entrepreneurship

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40:13

Are you daydreaming about quitting your 9-5, walking out in slow motion after handing in your resignation letter, and never looking back? (I see you!!) In this episode, I dive into the 3 must have signs that you're ready to finally ditch the corporate grind and go all in on your business!

I guide you through the non-negotiables - because leaving a consistent paycheck isn't all about vibes and vision boards. It's about being strategic, smart, and prepared. But don't worry - we'll make it fun along the way! Because what's a major life move without a little sass??

3 Signs You're Ready to Leave your 9-5 Job for Full-Time Entrepreneurship

You have a solid financial foundation.

No, you don't need to be rolling in cash, but a strategic financial runway is going to really help you fill in the gap as you work to build you business to where it needs to be in order to replace your 9-5 salary. You also need to have a plan for how you're going to replace whatever benefits you might be losing when you leave your 9-5 job. Benefits like health insurance, retirement contributions, etc.

Another piece to this financial foundation is that you need to separate your business money from your personal money. This means, at minimum, you have to open at least one business bank account.

Your business is generating revenue.

And not only that, but you have evidence that it can grow. You have evidence that what you are providing is something people want or need, and something they're willing to PAY for. And you need to have an idea of how long it's going to take for your business to replace the income you're losing when you leave your job.

You have a strong support system.

Entrepreneurship can feel lonely AF, so make sure you have a strong support system. A supportive partner can be invaluable. You also need to make sure you have a community of likeminded women who are on a similar journey who you can connect with, as well as mentors or guides who can help you along the way.

Referenced in this Episode:

Episode 119: Maximize Creativity, Efficiency, and Productivity with Cycle Syncing

Want to look more specifically at YOUR numbers to create a timeline and a plan to turn in YOUR notice and go all in on YOUR business?? Request more information about my Profit Maximization Coaching Program!

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Connect with Josie:

Website: josiesmithcoaching.com

1:1 Profit Maximization Coaching with Josie (3 month coaching program, by application only)

90 Minute Success Strategy Session

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