10 Essential Steps You Need to Take Before Quitting Your Job for Your Side Hustle!
10 Essential Steps You Need to Take Before Quitting Your Job for Your Side Hustle! (And One Bonus Point You Can’t Afford to Miss!)
Introduction
Do you have a passion project that you want to turn into a full-time gig? Are you tired of your 9-to-5 job and dreaming about becoming your own boss? Before you quit your job and start your side hustle, there are a few things you need to consider. In this post, we will discuss a 10-step checklist of action items you can take before quitting your job and starting a side hustle.
Step 1: Assess Your Financial Situation
Before you quit your job, you need to assess your financial situation. You should have at least 6 months of savings if you are married and 1 year of liquid savings if you have kids. This will provide you with a cushion to fall back on in case your side hustle takes longer to take off than expected.
Step 2: Create a Business Plan
A business plan is a roadmap for your side hustle. It helps you define your goals, target audience, competition, and marketing strategies. You can learn from…