Knowing when to jump from your full-time job to the business you've been building on the side is unique to everyone who asks the question.
In this week's episode we breakdown our process for deciding when we made the transition through questions:
1. Self-Discovery and Motivation
- What are your personal motivations for considering entrepreneurship, and how do they align with your goals?
- How do you handle risk, uncertainty, and stress, and how might that influence your decision?
2. Practical and Financial Considerations
- Have you created a financial safety net or budget to support a potential transition?
- Can you leverage your current job to prepare for entrepreneurship while reducing risk?
3. Testing and Decision-Making
- What smaller steps or experiments can you try before fully committing to starting a business?
- What decision-making frameworks can help you objectively evaluate whether to stay or leave?