Comments on: Small Business 101: What To Do Before You Leave Your Job http://www.theamateurfinancier.com/blog/small-business-101-what-to-do-before-you-leave-your-job/ Thoughts on Money, Investing and Life Thu, 09 Feb 2012 04:45:50 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Roger, the Amateur Financier http://www.theamateurfinancier.com/blog/small-business-101-what-to-do-before-you-leave-your-job/#comment-4397 Roger, the Amateur Financier Wed, 04 May 2011 14:40:57 +0000 http://www.theamateurfinancier.com/blog/?p=1427#comment-4397 Grace, there's definitely an advantage to planning out your attempt to do solo. I would caution people to make sure they understand their agreements with work before they try to build a business from within their cubicle; many places have agreements where what you develop while working for the company becomes corporate property, even if you develop it on your own time and own dime. Better to make a clean break (and have a firm claim to your business) than to risk complications in such cases. Grace, there’s definitely an advantage to planning out your attempt to do solo. I would caution people to make sure they understand their agreements with work before they try to build a business from within their cubicle; many places have agreements where what you develop while working for the company becomes corporate property, even if you develop it on your own time and own dime. Better to make a clean break (and have a firm claim to your business) than to risk complications in such cases.

]]> By: grace http://www.theamateurfinancier.com/blog/small-business-101-what-to-do-before-you-leave-your-job/#comment-4395 grace Wed, 04 May 2011 12:44:01 +0000 http://www.theamateurfinancier.com/blog/?p=1427#comment-4395 You are very correct about the emergency fund, when starting a new business, you dont expect that business to start making money tommorrow or next, before leaving your day job you should consider so many things, like the rent and other necessities. If you have a job and a business, dont quit jet, wait till the business start bringing returns to take care of things before you take any decision you might regret. You are very correct about the emergency fund, when starting a new business, you dont expect that business to start making money tommorrow or next, before leaving your day job you should consider so many things, like the rent and other necessities.

If you have a job and a business, dont quit jet, wait till the business start bringing returns to take care of things before you take any decision you might regret.

]]> By: Roger http://www.theamateurfinancier.com/blog/small-business-101-what-to-do-before-you-leave-your-job/#comment-772 Roger Thu, 31 Dec 2009 02:20:12 +0000 http://www.theamateurfinancier.com/blog/?p=1427#comment-772 @FS: I suppose that could work, if fear serves as a motivator to you. I, on the other hand, tend to get so over analytical that I would probably abandon any venture where I thought I will never, ever succeed. @FS: I suppose that could work, if fear serves as a motivator to you. I, on the other hand, tend to get so over analytical that I would probably abandon any venture where I thought I will never, ever succeed.

]]> By: Financial Samurai http://www.theamateurfinancier.com/blog/small-business-101-what-to-do-before-you-leave-your-job/#comment-771 Financial Samurai Wed, 30 Dec 2009 23:59:52 +0000 http://www.theamateurfinancier.com/blog/?p=1427#comment-771 Rog - The point of believing you will never succeed in your new venture, is to be so scared that you actually WILL succeed! Be so afraid of failure that you do everything possible to succeed. .-= Financial Samurai´s last blog ..<a href="http://www.financialsamurai.com/2009/12/30/creating-a-masterpiece-by-failing-forward/" rel="nofollow">Creating A Masterpiece By Failing Forward</a> =-. Rog – The point of believing you will never succeed in your new venture, is to be so scared that you actually WILL succeed!

Be so afraid of failure that you do everything possible to succeed.
.-= Financial Samurai´s last blog ..Creating A Masterpiece By Failing Forward =-.

]]> By: Roger http://www.theamateurfinancier.com/blog/small-business-101-what-to-do-before-you-leave-your-job/#comment-770 Roger Wed, 30 Dec 2009 23:39:23 +0000 http://www.theamateurfinancier.com/blog/?p=1427#comment-770 @FS: I agree with the knowing that you may never get your old job back part; that certainly is strong motivation. That said, I would think that believing your new venture will never, ever succeed is the sort of attitude that leads to pessimism and eventually failure. @FS: I agree with the knowing that you may never get your old job back part; that certainly is strong motivation. That said, I would think that believing your new venture will never, ever succeed is the sort of attitude that leads to pessimism and eventually failure.

]]> By: Financial Samurai http://www.theamateurfinancier.com/blog/small-business-101-what-to-do-before-you-leave-your-job/#comment-764 Financial Samurai Wed, 30 Dec 2009 03:32:02 +0000 http://www.theamateurfinancier.com/blog/?p=1427#comment-764 A good approach would be to quit your job knowing that you may never ever get your old job back, and you will never ever succeed in your new entrepreneurial adventure. Once you have this thought, then you will prepare yourself for life and death, and you will succeed! .-= Financial Samurai´s last blog ..<a href="http://www.financialsamurai.com/2009/12/28/the-katana-launching-the-samurai-fund-to-prove-a-theory-1228/" rel="nofollow">The Katana: Lauching The Samurai Fund To Prove A Theory 12/28</a> =-. A good approach would be to quit your job knowing that you may never ever get your old job back, and you will never ever succeed in your new entrepreneurial adventure.

Once you have this thought, then you will prepare yourself for life and death, and you will succeed!
.-= Financial Samurai´s last blog ..The Katana: Lauching The Samurai Fund To Prove A Theory 12/28 =-.

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