Should I quit my job now or start my business as a side hustle?
Ah, the classic crossroads. I’ve been there, and I’ve got to say, there’s no one-size-fits-all answer. It really depends on your unique situation, but I can share some insights to help you make an informed decision.
Firstly, let’s look at where you are financially and emotionally. Can you financially sustain yourself if you leave your job tomorrow? If the answer is shaky, I’d recommend starting your business as a side hustle. This gives you the cushion of a regular income while you experiment and validate your business idea.
Here's where the balancing act comes in. As an engineer-turned-creative, I understand the pull of diving headfirst into your passion. But structure can be your ally. Write down your financial responsibilities, current savings, and potential sources of income from the business. This exercise isn’t just about numbers—it’s about peace of mind.
Starting as a side hustle also allows you to Capture your ideas, Develop them into concrete offerings, and slowly Expose them to the market. Small steps build confidence and proof of concept without the pressure of immediate financial return.
On the flip side, if you’re in a toxic work environment or the stress of your current job is stifling your creativity, it might be worth considering a clean break. Sometimes, leaving is the bold move that creates room for opportunity—granted, you've done the groundwork.
Remember, it's okay to pivot. I’ve had moments where I questioned my path and had to reassess. That’s the messy middle I often talk about—part of redefining success is knowing when to take calculated risks and when to steady the ship.
Finally, ask yourself: What does success look like for you? Is it freedom, flexibility, financial independence, or something else? Let your definition of success guide your choice.
Whatever path you choose, be prepared for a rollercoaster of learning and growth. You’ve got this.