While working a 9–5 job
I have read quite a few articles and listened to many TED Talks which emphasize the need to find purpose and meaning in our work. In 2021 during Covid-19, many workers quit the labour force, resulting in a domino effect causing the great resignation.
Many people have just been on autopilot mode with their lives until when Covid-19 hit it really caused many people to evaluate how they are living their lives.
So you’ve decided to quit your job, what’s next?
Before jumping all in and quitting your job, always consider if you have a financial buffer to cover you once you leave a company. This is very important. After all, no one wants to jump out in the cold not knowing where they will land.
I would never recommend anyone to quit their day job unless:
- it's clear that their side income is sustainable
- and they have sufficient capital for their business.
That being said you can have your day job and your side income running concurrently for you. That way you enjoy the benefits of both.
That way you get the security of a job, and you get to grow your business without the pressure of having to compromise any of your decisions due to insufficient cash flow.
Main things to consider
- How much time do I have?
- What value do I want to provide?
1. Consider how much time you have
Inevitably working a business on top of a job will be very time-consuming and requires much effort.
So for yourself if that is the case for you you might want to consider:
- Not spreading...
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