How much money can I live off of each month?.Some questions you should ask yourself are: Trying to set yourself up such that the impact of a failed endeavor isn’t a situation that is nearly unrecoverable.
In my case, it took me nearly a year to get my life in order such that I could minimize the risk of a new endeavor.Īnd that’s really what is important. You’re forcibly taking action that is going to upset your life and move you pretty much as far away from your comfort zone as possible. This is probably the hardest stage of a new business, in my opinion – getting up the nerve to quit your day job. You have this great business idea, are tired of your current 9-5 job, and are ready to take the plunge off the cliff, hopefully landing somewhere far better below. So there you are, on the brink of making a big life-changing decision, and you’re trying to get the nerve to finally do it. This is the second post in an ongoing business series I’m going to be writing.
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