Quit your job and start a business? 1 question.
Thinking about quitting your job to start your own business? You aren't alone. But most people stay stuck in jobs they hate because they never ask the one question that actually matters. The fear of leaving a steady paycheck is real. It keeps brilliant potential founders locked in "slow death" careers, dreading every Sunday night. If you don't address the fear properly, you will never move. You need to define your absolute nightmare scenario. Once you realize the worst-case scenario is survivable, the fear loses its grip. Don't just jump. Plan. Build a 4-6 month cash runway. Keep one foot on the dock if you need to. This video breaks down the exact mental shift and financial prep you need to finally become your own boss without being reckless. 3 Biggest Takeaways 1. Confront the Nightmare: The fear of starting is usually vague. By defining the absolute worst-case scenario, you realize it is survivable, which removes the paralysis. 2. Financial Runway is Mandatory: Do not leap without a net. Having 4-6 months of cash in the bank allows you to build the business without the desperation that leads to bad decisions. 3. Hating Your Job is a Signal: That "Sunday Night Dread" isn't normal; it's a sign that you are in a "slow death" situation and need to plan your exit. Frequently Asked Questions - FAQs Q1: How much money do I really need to save before quitting my job? A: I recommend a minimum of 4 to 6 months of living expenses (or business operating costs) in the bank. This "runway" prevents you from making desperate decisions out of financial panic in the early days. Q2: Is it reckless to quit a stable job in this economy? A: It is only reckless if you don't have a plan. If you have defined your worst-case scenario, accepted the risk, and built a financial runway, it is a calculated risk, not a reckless one. Q3: What if I'm too scared to leave my job? A: Fear usually comes from the unknown. Write down your absolute worst-case scenario. Be specific. If you realize you can survive that outcome (e.g., getting another job, moving to a smaller apartment), the fear often disappears. Q4: Should I start my business while still working? A: Yes. As I say in the video, "keep one foot on the dock if it makes you feel comfortable." Building your plan, your network, and your savings while you still have a paycheck is the smartest way to transition. Q5: How do I know if I'm ready to be a founder? A: If the pain of staying in your current job (the "slow death") is greater than the fear of the worst-case scenario of starting your own business, you are ready.
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