Should I quit my job to start my own business?

Harish Kumar
5 replies
Janine has been working at her job for the past five years. She's been through a lot with the company, and she's grown to love and care for her team. However, lately, she's been feeling like it might be time to move on. She's been thinking about all of the other things she could do with her time if she weren't stuck in a cubicle all day. Maybe she could travel more, spend more time with her family, or learn a new skill. The thought of quitting her job and embarking on a new adventure is both exciting and nerve-wracking. In the end, Janine decides that it's worth giving freelancing and starting her own business a try. She knows that it won't be easy, but she's confident that she can make it work if she puts her mind to it. She starts by putting together a portfolio of her best work and reaching out to former clients for referrals. Within a few months, Janine has landed several new projects and is starting to see some success. Although there are some challenges along the way, Janine is happy that she took the leap and decided to quit her job. She now has more freedom and flexibility than ever before, and she loves being her own boss. If you're thinking of quitting your job to start your own business, here are a few things to keep in mind: 1. Have a plan Before quitting your job, it's important to have a solid plan in place. What will you do when you leave your job? How will you support yourself financially? These are important questions to answer before making the decision to quit. 2. Don't quit without another job lined up Quitting your job without another one lined up is a big risk. You could find yourself out of work and struggling to make ends meet. It's always best to have another job waiting in the wings before quitting your current one. 3. Have savings saved up In addition to having another job lined up, it's also important to have savings saved up before quitting your job. This will help you cover expenses while you're looking for a new job or starting your own business. It's also a good idea to have some money saved up in case of an emergency. 4. Know your worth It's important to know your worth before quitting your job. This means knowing what you're worth in the workforce and having a clear understanding of your skills and experience. If you feel like you're not being compensated fairly at your current job, it might be time to look for something else. 5. Be prepared for backlash Quitting your job can sometimes lead to negative reactions from coworkers or supervisors. Be prepared for this backlash and have a plan in place for how you'll deal with it. If possible, try to stay positive and focused on your goals even when things get tough. 6. Have a support system It's important to have a strong support system when quitting your job. This means having friends or family members who will be there for you during this transition period. Lean on them. Talk to them about your feelings and what you're going through. They can provide a listening ear and support when you need it most. 7. Take care of yourself Quitting your job can be an emotionally taxing experience. It's important to take care of yourself during this time. Make sure you get enough sleep, eat healthy foods, and exercise regularly. This will help you stay physically and emotionally healthy as you go through this process. 8. Give yourself time to adjust. Don't expect things to happen overnight. Allow yourself time to relax, reflect on what happened, and figure out your next steps. Be patient with yourself as you work through this transition period. 9. Seek professional help If you're feeling overwhelmed or struggling with emotions related to quitting your job, it may be helpful to seek professional help from a therapist or counsellor 10. Build your personal Brand Quitting your job is a great opportunity to start building your personal brand. What are you good at? What do you want to be known for? How can you start positioning yourself as an expert in your field? 11. Take some time for research Quitting your job can be stressful, so take some time for yourself to relax and recharge. Go for walks, read books, take yoga classes – whatever helps you relax and de-stress. 12. Connect with other quitters Quitting your job can feel isolating, but it's helpful to connect with other people who have gone through the same experience. There are lots of online groups and communities where quitters can connect and share their experiences. 13. Don't beat yourself it's normal to feel a range of emotions after quitting your job, including guilt, sadness, anger, and fear. But try not to beat yourself up over these feelings – they're all part of the process. 14. If you plan to start your business find the right audience first It's important to know your target market before starting a business. Do some research to figure out who your ideal customer is and where they hang out online and offline. 15. Don't be afraid to ask for help when you need it. As an entrepreneur, you're bound to encounter tasks or challenges that are new to you. Don't be afraid to ask for help from friends, family members, or even strangers when you need it. 16. Celebrate your successes along the way! When you achieve something great, take the time to celebrate it – even if it's just with yourself. Acknowledge your accomplishments and allow yourself to feel proud of what you've accomplished. 17. Balance it out! work hard party hard As an entrepreneur, it can be easy to let your work take over your life completely. But it's important to make time for yourself – whether that means taking a break every day or setting aside time each week for relaxation and rejuvenation. When you're well-balanced, you'll be more effective in your work and better equipped to enjoy life outside of the office. 18. Be your own best advocate. No one knows your business (or yourself) better than you do. So be sure to take an active role in promoting and advocating for your venture. Speak positively about it to anyone who will listen, and don't be afraid to ask for help when you need it. 19. Live each day with purpose. It's easy to get caught up in the stresses of work and forget why you started your business in the first place. But it's important to remember your goals and values and to live each day with purpose. When you're clear on what you want, you'll be more motivated to achieve it. 20. Embrace change. As an entrepreneur, you know that change is a constant – and that's a good thing! Embrace change as an opportunity for growth and evolution, both in your business and in yourself. Each new challenge presents an opportunity to learn, grow and become stronger than before." Entrepreneurship is not for the faint of heart. It takes courage, determination and resilience to start your own business and make it successful. But it's also incredibly rewarding, and there are few things more satisfying than watching your hard work pay off. If you're feeling inspired to take the plunge into entrepreneurship, remember to stay focused on your goals and keep pushing forward, no matter what challenges come your way.


Kazimieras Melaika
That's quite a list. Both motivational and encouraging!
Harish Kumar
@kmelaika thanks and glad to hear from you...what you are busy with currently? Health tech and wellness has become so much even more important now and there are so many discussions I am hearing at workplace about return back to office
Harish Kumar
@kmelaika I have expended the post, please check out details here