A lot of people are excited at the prospected of quitting your day job to work online. Whether you plan to making money blogging or as a freelancer, you need to know if it’s time to quit your job to work online before you take the plunge.
I remember how excited I was to quit my day job and work online full-time! It was so fun and thrilling to know that all of my time was my own (and my clients’, of course).
However, you need to be careful. While it’s easy to glamorize this transition, it could become an issue if you haven’t taken the right steps to decide if this is the best time for you to quit your job to work online.
In this episode, I talk about my own journey from working a “real” job to transitioning into full-time online work as well as what steps to take before pulling the trigger yourself. Listen anywhere you find podcasts or with the player below:
What Do You Need Before You Quit?
Before you quit, you need a few things. I’d recommend having the following:
- A budget – You need to know how much you need to earn to survive. You might be able to make some sacrifices, and that’s great, but you still need to pay rent, health insurance, utilities, and all those new business expenses.
- Savings for 3 months – I’d recommend having expenses saved for at least 3 months or more. This is your safety net as you get started working online. Without this, you can’t focus on your business.
- A 3-month plan – Along with that comes a 3-month plan. How will you grow your business? What foundation do you already have in place?
- A website – Finally, your business also needs a website. If you have a blog, set up a blog. If you’re a freelancer, build yourself a website. This is a must! I have a full guide to setting up a self-hosted blog right here.
Listen to the Full Episode
Before you quit your job to work online full-time, make sure you’ve set some protections in place. It might be exciting to be your own boss, but it’s also a bit scary at times.
To be honest, I love working for myself, but it’s also really challenging. Make sure this is something you’re serious about before putting yourself in this situation. Most importantly, be sure you’re financially stable to handle these new challenges.
Here are some more helpful tips for getting started:
- How to set boundaries as a freelancer
- How to find clients as a freelancer
- How to set goals for your blog