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When Should You Quit Your Job To Focus On Your Business
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In when should you quit your job to focus on your business, I provide you with several tips that could help you decide when is the right time to take the leap.
The main reason I find many entrepreneurs don't take the leap is because of the fear of the unknown. As a business owner, circumstances can change for the better or worse. That can be terrifying for most people. That's why you should strongly consider the impact quitting your job to focus on your business will have on your personal life. You want to look at the best and worst possible outcomes. Once you've done that, perform a break-even analysis. This will help you know how much money your business needs to make to comfortably pay the bills. That way, you will have a better idea of when you should quit your job to focus on your business.
0:00 Intro To When Should You Quit Your Job To Focus On Your Business
0:29 Lets Discuss Some Reasons WHY You Might Not Want To Quit And Go All Out
1:43 Understand Your Business Risk Tolerance
2:30 Questions To Help You Identify Your Risk Tolerance
4:46 Quit When You Have A Proven Concept
5:58 Before You Take The Jump Perform A Break Even Analysis
9:08 Quit Your Job To Focus On Your Business When It Feels Right
10:20 Outro
I hope you enjoyed that video and I am always here to provide impactful advice to startups and business owners
Contact me today if you want to learn more about When Should You Quit Your Job To Focus On Your Business.
Ronald Osborne Business Coach
#ronaldosborne #businesscoach #howtostartabusiness
The main reason I find many entrepreneurs don't take the leap is because of the fear of the unknown. As a business owner, circumstances can change for the better or worse. That can be terrifying for most people. That's why you should strongly consider the impact quitting your job to focus on your business will have on your personal life. You want to look at the best and worst possible outcomes. Once you've done that, perform a break-even analysis. This will help you know how much money your business needs to make to comfortably pay the bills. That way, you will have a better idea of when you should quit your job to focus on your business.
0:00 Intro To When Should You Quit Your Job To Focus On Your Business
0:29 Lets Discuss Some Reasons WHY You Might Not Want To Quit And Go All Out
1:43 Understand Your Business Risk Tolerance
2:30 Questions To Help You Identify Your Risk Tolerance
4:46 Quit When You Have A Proven Concept
5:58 Before You Take The Jump Perform A Break Even Analysis
9:08 Quit Your Job To Focus On Your Business When It Feels Right
10:20 Outro
I hope you enjoyed that video and I am always here to provide impactful advice to startups and business owners
Contact me today if you want to learn more about When Should You Quit Your Job To Focus On Your Business.
Ronald Osborne Business Coach
#ronaldosborne #businesscoach #howtostartabusiness