I want to tell you how to quit your job, even if you're scared out of your mind.
Take a moment and imagine what your perfect day would look like. Being an entrepreneur allows you to create your ultimate dream lifestyle.
I'm not going to lie… quitting your job isn't easy. However, if you're tired of building someone else's dream, I'm here to tell you that you can choose a different path.
Are you ready to quit your job and live life on your terms? I'm going to share two approaches that will help you do so!
Watch the video below:
(Click here to watch on YouTube)
[smart_track_player url=”http://www.buzzsprout.com/9299/1850521-plm-722-how-to-quit-your-job-even-when-you-re-scared-out-of-your-mind.mp3″ background=”default” ]
Want to know which business is best for you? CLICK HERE to take my FREE online business quiz!
Quitting your job is risky.
However, it's also extremely empowering, especially if you are unhappy and ready to create a new chapter in your life. A lot of people get disillusioned with the false hopes that the rat race provides. They get trapped in a never-ending cycle of working and paying bills, but are never able to get ahead.
The problem with the rat race is that there's no finish line. You just go in circles, hoping for a different result every single time, but never get it. Not surprisingly, this way of life creates a lot of pain and suffering for people.
For those of you who are ready to quit your job and escape this lifestyle, I want to offer two different approaches that you can take. Ninety nine percent of people will follow one approach, while the other one percent will follow the other. No matter what path you decide to take, all that matters is that you are ready to take action and create a life that makes you come alive inside.
Approach #1
I quit my job when I was 21 years old to pursue my dreams of building an online business. Up until that point, I was working for my dad's family business building limestone fireplaces. I worked this job for a few years. I did not enjoy working with my family. My dad and I would argue all the time. Nothing was ever good enough.
There was an opportunity for me to take over the family business, but deep down inside I knew that it wasn't my purpose in life. I knew that if I did that job for the rest of my life I would have felt like I settled. I didn't want to live a life of regret. This is why I decided to start my own business.
At the time, I didn't know anything about business. Luckily, when I was 17 years old, I got into the self-development world. I started to change everything about myself. By transforming my life, I started to create more opportunities for myself.
At 21 years old, I started a business called Lifestyle Transformations.
It was a dating and life coaching business. My vision was to help men build their confidence and self-esteem so that they could attract a partner into their life. I didn't know anything about business or marketing when I started. However, I had a passion to help people and I believed that I would make it work.
I quit my job and pursued that goal, full-time without a website, clients or customers. That being said, I did save some money which covered me for two months. My purpose was strong enough that I was willing to do anything to make my dreams come true.
For most people, this is not the best approach. However, at that stage of my life, it was for me. The pressure motivated me and forced me to become resourceful and figure things out. I read every book, did online courses, and attended every single event. At times, I even approached strangers on the street and tried to convince them to attend my seminars. Even though my approach worked out for me, it wouldn't work for the majority of people.
Approach #2
The second approach that I am going to share is the smarter and safer strategy when it comes to quitting your job. It is probably what I would do today, especially if I had kids, a family, and other responsibilities.
You need to know what your risk threshold is before quitting.
At 21 years old, I didn't have anything to lose so I was okay with taking a big risk. If you aspire to start your own business, I first recommend that you set a date in your calendar when you're going to quit your job. That deadline will create a sense of urgency for you. This means that you've got to be prepared to the best of your ability, so that when you do decide to quit, you will have set yourself up to succeed.
Secondly, you need to make sure that you have money put aside. I recommend creating an emergeny fund, which is 3-6 months of whatever your existing income is per month. Let's be honest… there is a risk in quitting your job. An online business won't make you money right away.
That's why you need some financial security so that you can dip into some savings if you need to. This will give you peace of mind while you are pursuing your dreams. You've got to expect the best but still, plan for the worst. Sometimes life will hit you with curveballs.
Plan for this so that your business doesn't crash and burn.
Third, don't quit your job and start your online business full time until your business is established enough that you are able to pay for all of your expenses. Let's say that you need to make $3,000 per month. This means that your business needs to be producing $3,000 per month consistently.
A lot of people quit their jobs too early. Having an online business isn't like having a 9-5 job. You don't get paid the same amount of money every month. Some months will be better than others. This is why your business needs to have some maturity behind it. The more time that you have to establish your business, the more certain that you will be that it can support you financially.
This is how to quit your job, even if you're scared out of your mind.
If you're struggling to make the decision to quit, I encourage you to envision what your life will look like if you don't quit. Let that pain be the driving force that inspires you to dive into the unknown and start creating the life that you've always dreamed of.
Want to know which business is best for you? CLICK HERE to take my FREE online business quiz!