Home Companies I Stop My Six-Determine 9–5 Job to Chase My Goals Over 12 Months In the past. Right here’s What Occurred Subsequent. | by Michael Lim | Jul, 2023

I Stop My Six-Determine 9–5 Job to Chase My Goals Over 12 Months In the past. Right here’s What Occurred Subsequent. | by Michael Lim | Jul, 2023

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I Stop My Six-Determine 9–5 Job to Chase My Goals Over 12 Months In the past. Right here’s What Occurred Subsequent. | by Michael Lim | Jul, 2023

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This wasn’t an in a single day resolution for me.

In case you’re pondering of beginning your personal one-person enterprise: Don’t leap off a cliff. Construct an exit ramp as an alternative.

I used to be already planning my exit for about 1.5 years in my 9–5 earlier than I pulled the set off.

Throughout this time, right here’s what I did:

I made certain I had 2 years of dwelling bills saved in my financial institution — I saved near 60% of my six-figure revenue for a variety of years. I’ve pushed the identical $4,000 Toyota Yaris I purchased in 2018. I’ve worn the identical footwear and garments since 2016.

I began to freelance and create content material whereas I had a 9–5 job — I used to be writing on Medium, creating content material on LinkedIn, and attracting shoppers whereas I had a 9–5. I used to be constructing unbiased & leveraged sources of revenue that would scale with time.

I constructed an electronic mail record of contacts I might promote my providers — I subtly hinted to shoppers that I used to be leaving. I checked my contract for a non-compete clause. I nurtured key relationships and positioned myself for enterprise alternatives.

By the point I walked out:

  • I knew I might survive for 2 years with out an revenue.
  • I had two six-figure contracts already signed.
  • An viewers that I might monetize.

And the more severe factor that would occur to me is I’ve to go get one other 9–5 job or drive Uber Eats.

I took a extremely calculated danger that had a large tolerance for error. You must do the identical.

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