Quitting your job to become your own boss can give you a new kind of freedom, but it’s also risky and uncertain. Timing and foresight are crucial if you want to leave your job and land on two feet. With the right amount of careful planning, you may find yourself in an ideal position to leave your job and start the business of your dreams. How do you know when the time is right?
When Your Business Is Your Focus
If your main motivation for quitting your job is that you have an idea you’re passionate about, that’s a great time to consider making the switch. If, on the other hand, your main goal is to get away from a job you hate, that’s not the most solid foundation for this often challenging journey. It will be difficult to make it through the many grueling steps of starting a successful business if you’re simply doing it to avoid your current job.