When You Should Quit Your 9-5 Step By Step
Want to quit your 9-5 and become an entrepreneur? This podcast is for you! It includes Ryan’s story about how he transitioned from his 9-5 and steps to take to turn your side hustle into your main job.
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https://www.wealthyway.com/book
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Ryan has rarely seen simply quitting your job as the first thing to do. There are smarter ways to become an entrepreneur, especially if you have a family. Odds are you’re currently working 40-hour weeks. To transition, you need to start doing what you want to do as a side-hustle.
Steps to take:
Decide what side-hustle to try. You may hate the first thing you try, or it might fail. That’s ok! You will gain experience.
Be willing to put in 20 hours of work per week on your side-hustle. This means you’ll be working a total of 60 hours per week.
Integrate yourself fully into the new business you’re learning.
Be patient. Ryan needed 3 years to be able to quit his first job and couch flipping to be able to focus on house flipping completely.
Consider your situation and be sure you can keep paying the bills once you’ve quit your 9-5.
Decide how much success you need in order to quit your job. You need to have sustained income from your side hustle for at least a few months to make a good judgment here.
Have some savings built up before you transition completely. A healthy reserve for a business is 3-6 months.
Watch this next video about marketing so you’ll know all you have to consider getting started!
