Quitting your 9-5 job to pursue the freedom of working in your own terms is an idea that crosses thousands of people's minds out there, especially among millennials.
If you're one of them, here are three important things you need to do before taking that leap:
1. Do thorough research
Quitting your job without having a backup plan is playing yourself, and part of proper planning comes with doing thorough research.
Knowing the ins and outs, the uniqueness, the profitability and other variables of the product or service you want to pursue, will need a deep-dive in terms of research and time.
So, ensure you get this rightly handled before penning that resignation letter.
2. Get your particulars in order
For you to be able to hit the ground running, ensure every important document is set up before calling it quits.
This includes setting up your business websites, social media pages, bank accounts, obtaining a business licence, etc.
Just be proactive and ensure everything is in order, so you don't start from scratch.
3. Get your finances in order
Venturing out to start something new is a risky affair because it will take time and cost more before it bears fruits.
That said, you need to be super thoughtful about money, so you don't set yourself up for failure.
So ensure you have saved enough money to make it work for at least a year.
However, don't make a mistake of getting into too much debt.