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Side Hustle School

#2839 - Q&A: "When is the right time to quit your job and go all-in?”

Side Hustle School

Chris Guillebeau

Small Business, Entrepreneurship,, Entrepreneurship, Careers, Side Hustle, Business

4.73.3K Ratings

🗓️ 9 October 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

In this episode, we'll explore the key milestones and financial targets that can signal when it's time to transition your side hustle into a full-time business.

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.substack.com

If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

When Kate and Jervais founded Health and Her in 2019, they set out to transform Menopause care.

0:06.4

Through Barclay's Eagle Labs, they gained specialist industry and business expertise,

0:11.0

with support and training for the whole team.

0:14.0

But the story doesn't end here.

0:17.0

Because Health and Her are only just getting started,

0:20.0

selling at major UK retailers,

0:22.0

and making a real difference to thousands of lives.

0:25.0

Grow your business. Bank on Barclays.

0:28.0

Search Barclays Business Banking. When is the right time to quit your job and go all in? Love this question. I always hear

0:46.6

this question. Different forms of it come up throughout the year as I review questions

0:51.7

and comments and as I talk with different people about what's going on in their business and their life

0:56.3

People are often asking okay how do I know you know if this thing I've been doing has been working a bit

1:01.8

How do I know if it's gonna keep keep working? Is it going to be working well enough for me to make it my full-time gig?

1:07.4

If I was able to devote more time to it, could it make more money and therefore be more sustainable?

1:15.0

There's a lot of different ways to look at this question. So I'll try to give you a few of them. I'll try to give you a couple of quick tips.

1:18.0

We're going to hear today from Sarah. She's been running, let's see here, an online vintage clothing side hustle.

1:26.0

It seems like it's going pretty well.

1:27.5

So when is the right time to quit your job and go all in?

1:30.6

Let's consider some milestones, maybe a financial target or two to see when it's

1:34.6

best to transition your side hustle into your full-time work if that is your goal and

1:38.5

maybe it's not right it's also okay to just keep running the side hustle as a side hustle.

1:43.5

But if you're in this situation or if you'd like to be at some point,

...

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