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

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.8 • 3.3K Ratings

🗓️ 9 October 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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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: [email protected] 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. 😎 🙏🏼 To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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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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