I am feeling really stuck - I recently (about a year ago) started a consulting business that is doing well & growing.

Anonymous

November 1,2023 at 1:22PM UTC

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I am feeling really stuck - I recently (about a year ago) started a consulting business that is doing well & growing. I also still work part time at my old job - originally I did this as a way to help financially take the leap. But I am in a position now where I can grow more, take on more clients - but only if I walk away from this part-time job. The hours and strict schedule with them are limiting the time I have for clients.

I want to grow, and fully invest in my business. But it is scary. If you have your own business, when felt like the right time to take the leap?

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Anna Lovell-Nesmith Professional Burnout SpecialistNovember 1,2023 at 3:07PM UTC
There are two ways to look at it. If you're currently earning enough to cover all of your bills and more from your consulting job, it might be time to jump in with unwavering Faith. If you aren't earning enough from your consulting business to leave, it might be a good idea to sit down and calculate out what the bottom number would need to be for you to comfortably be able to leave the pt job. Taking the leap can be a bit unnerving regardless of the when but believe in yourself and know that when the time comes, you will succeed.
AnonymousNovember 1,2023 at 3:45PM UTC
I would take the leap now. If you're committed to your business and you see the opportunity for growth, you should take it if you can swing it financially. It's really challenging to have a foot in two different places, helpful for a transition, but one of them keeps you tethered. Sounds like an exciting time, congrats either way!
ny2phillyNovember 1,2023 at 4:32PM UTC
The "job" that you kept as insurance is likely getting in the way of growth for your business. If you are able to fully embrace the commitment, take the leap. Quit the job with your employer, and fully embrace your career by dedicating all your efforts to your entrepreneurism.
You may want some coaching; doing it alone can be challenging.
AnonymousNovember 1,2023 at 4:52PM UTC
When you're making more than you do at your "day job." Or, if you simply "can't" any longer at that day job.