5 Steps to Quit Your 9 to 5 for Full Time Entrepreneurship

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5 Steps to Quit Your 9 to 5 for Full Time Entrepreneurship

5 Steps to Quit Your 9 to 5 for Full Time Entrepreneurship

Have you dreamed about being an entrepreneur? Feeling chained to your day job and not sure how to break free? Read on to learn this success recipe to quit your 9 to 5 for full time entrepreneurship from an entrepreneur who has done it!

Quitting Your 9 to 5

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There can be many reasons you have come to this decision.  Your day job can be stressful, endless hours, a field that you dislike, income-limiting and much more. Aside from this, it’s keeping you from pursuing your passion, whatever it may be.

How amazing would it be to actually work in a field you are passionate about?

If you do something you love, you’ll never work a day in your life. Have you heard this quote before? It’s totally true!

Courtesy of Best Love Quotes

5 Steps to Quit your 9 to 5

Step 1.) Find Your Passion

If you’re reading this article, you may have already found your passion. Baking, blogging, selling antiques, domain flipping, etc.  This is the first step and a critical one in the process: find your passion.

Once you find your passion, you want to be able to monetize it. Doing what you love is amazing all day long but if you aren’t making money at it, then quitting your day job is not a smart move.

Step 2.) Monetize Your Passion

How can you make money with your passion?

  • Sell it
  • Perform services
  • Write about it
  • Teach it
  • Create passive income from it

I did this course to help me execute and monetize my passion – it is well worth it !

Step 3.) Monetize Well

Monetize your passion and practice at it. When I quit my day job, I had been monetizing my passion for a year! It may not take this long. Heck, it can take as little as a few weeks or a few months. There are no time constraints. The key is, you want to practice to make sure this income stream is stable. You are going to be replacing your 9 to 5 with this, remember.

Step 4.) Turn into a Business

You will make more money, feel more professional and be treated as such if you treat your passion, your love, your hobby, as a business.

How do you achieve this?

  • Write a business plan
  • Register as a business
  • Set up business accounts
  • Set up a business address or P.O. box

Step 5.) Create multiple income streams

This may not be possible in all scenarios but definitely, give it a try.  This could be selling kids clothing in your online store AND also on eBay and other marketplaces or at flea markets, etc.

Or, selling baked goods at your local farmers market AND also on Etsy or providing goods to local businesses on contract.

Tons of ideas here!

The Bottom Line

It can be done! Follow this recipe above to quit your 9 to 5 for full time entrepreneurship. It’s the exact process I followed to quit my day job and I remain 9 to 5 free for over 5 years now. It can be done!

 

5 Steps to Quit Your 9 to 5 for Full Time Entrepreneurship

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