I felt inspired to write this blog, after reading a question that someone recently posted in one of my Facebook groups. These are common questions that I hear on a regular basis, so I thought I would share my answers with you because so many professional women stuck in a 9-5 job who desire to start their business, either leave prematurely or stay longer than what is necessary.
The five questions that were posted in the Facebook group are as follow:
“I have a question for those of you who have taken the leap from a 9-5 job, to becoming a full-time entrepreneur. When did you know in your heart it was time to take the leap?”
If you’re a professional woman, stuck in a 9-5 job and feeling unfulfilled, unappreciated and exhausted by the environment that you’re currently working in, and want to start your own business then it’s time to make the leap. Your time is very valuable and should be spent in an environment where you are feeling valued for what you are doing. Working a 9-5 job is not just about being paid at the end of the month. You need to feel like you’re making a valuable contribution to the organisation that you are working in. When you no longer feel passionate about the work that you’re doing in your 9-5 job but feel more fired up about the business that you want to launch, then this is the indication that now is the right time.
The difference with being you own boss in comparison to the 9-5 is that you set the tone and direction of how you want to things to go in your business. Every time you offer your product or services to a potential customer/client you feel so appreciated by them. Especially when you have delivered to such a high standard with your full heart and soul, which in turn transpire into having a consistent stream of income flowing into your business every month.
“If/when you did, what happened next?”
I started my first business when I was made redundant back in 2009. I have no regrets in taking the plunge in starting my own business. However, my biggest downfall was me not planning how I was going to go about running it. I, therefore, had to learn a lot of things the hard way. I wish I had found someone that I could be accountable to and that they would have sat me down and pointed me in the right direction. It would have helped me to avoid so many of the hurdles that I faced along my journey.
This is the number one reason why I’m so passionate about helping profession women stuck in 9-5 to craft a solid exit plan from their job and to also show them the best way to generate 6 months’ revenue from their service based business. So that they are in a good position to transition out of their 9-5 job into their business financially secured.
“Did you make it?”
Fortunately for me, yes, I did make it. Although it was extremely difficult at times. Sometimes I even wondered if I was doing the right thing and was even was tempted to throw in the towel when it got rough. However, I never gave up on my dream. I’m still standing.
Truth be told, only you can decide whether you will make it or not. You’re going to come against a lot of challenges along the way, but you have to make up in your mind that you won’t give up no matter what. If you’re naturally a person that quits when the going gets tough, then leaving your 9-5 job may not be the best option for you. However, if you’re a person, who is passionate, knows what you want in life, is hardworking, determined and focused, then I would encourage you to go for it.
If I’m completely honest with you, I prefer to work with these types of women, because they are go-getters and therefore will always get tangible results from their labour. They don’t make excuses when things get challenging. They are problem solvers and know how to think out of the box.
“Was it too soon?”
I wouldn’t advise you to leave your 9-5 job, without first crafting a solid exit plan and also generating 6 months’ revenue from your service based business. The reason why I say this to you is because having financial security, will increase your confidence and will provide you with the evidence, that your business is viable and that there is a genuine need for your services. It’s very risky for you to leave your job without having a financial cushion to sustain you because you still need to pay your bills and other expenses whilst growing your business. The worst thing that you don’t want to happen, is you not generating enough money from your business, whilst developing it and then having to go back to the 9-5 job because you run out of money and cannot pay your bills and other expenses. Telling yourself that your business is going to work inside of your head, without any tangible evidence is dangerous.
Why not stay in your 9-5 job, work on your business, generate 6 months’ income from your business and then leave?
“Or, just right?”
If you plan your escape from your 9-5 job strategically, then it will be the right time to leave. As stated before, I would encourage you to build up some financial capital before leaving your 9-5 because it’s less risky. You want to stack the cards in your favour. Making the leap from a 9-5 job to becoming a full-time entrepreneur is not an easy thing to do at the best of times. Some people leave in haste, without thinking and planning things through properly. They’re the ones who often learn through hard knocks and display the same patterns of behaviour in other areas of their life. They are very big picture people who don’t see the details and often get dishearten when unexpected things get in their way.
Starting a business is a bit like going to a foreign country for the first time. It can be exciting and advantageous to start off with. However, if you don’t plan where you are going whilst on your trip, or investigate the dos and don’ts of the country, then there’s a possibility that you might get a rude awakening that may cripple you financially, spoil your holiday before the fun has begun and you may have to come back home prematurely. Whereas, if you did your homework before arriving in the country, chances are you will be more clued up, with what to expect. Which in turn, will lead to a much pleasant experience.
In closing, starting a business can be one of the most rewarding experiences that you have ever had. It can potentially give you the freedom to live the life that you desire, as long as you plan for it. You will know deep in your heart when it’s the right time.
If you’re focused, know what you want and have an inner resilience to pick yourself up when the going gets tough. Then you definitely will make it without a shadow of a doubt. The only person that can stop your business success, is you doubting yourself.
Next Step Are you stuck in a 9-5 job, whilst developing a business on the side? Come and join us in the revised Facebook group - ‘Sack Boss’ Join our online community to be surrounded by like-minded professional women desiring to start a successful business. The aim of the Facebook group is to inspire, encourage and empower professional women just like you, to dream big and to take action on your aspirations to start a successful and sustainable business that will last for years to come.
Also if you’re ready to up your game and stop allowing your past experiences to define who you really are and what you can achieve in your business, then I would like to invite you to schedule a 'Sack Your Boss' Free discovery call with me. There are only a few slots available this week. Book today to avoid disappointment.
P.s It doesn’t matter if you are unsure about what business to launch right now. I will signpost you in the right direction. Schedule your appointment right now and do something that you won't later regret.
I look forward to speaking with you.