5 Things to Consider Before Quitting Your Day Job

Posted by MMarquit under Self-Development
From http://www.worksavelive.com 4194 days ago
Made Hot by: ObjectOriented on May 28, 2013 12:11 pm

Before you quit your day job, you need to carefully consider your financial situation, and ask a few questions.

Who Voted for this Story

Top BizSugar Users

This week's most active BizSugar users. Join Them!

Comments

Written by AngelBiz
4191 days ago

I agree with you on #2. If you do not have sufficient savings that can keep you going for few months without any cash inflow it is advisable to keep your day job. It will be very challenging to handle two full-time jobs at the same time, but at least it will give you some cushion if things don't work out as planned.

- 0 +

Written by BizRock
4192 days ago

Key to success is to learn to enjoy challenging work and to enjoy working hard at it.This is a helpful list.You must always think twice before you make a decision.Interesting and thought provoking post. Thanks!

- 0 +

Written by HeatherStone
4194 days ago

Hi Miranda,

Points 1 and 2 are closely related. Sometimes, even if you can afford to quit your job, you shouldn't, because sometimes getting your business to the point where it is generating revenue in your spare time will let you know when to quit. But the second point is important too. There are times when starting certain businesses while working full time is just not feasible. Thanks for sharing with the BizSugar community.

- 0 +