How To Know When To Quit The Day Job (and Stop The Side Hustle)
The side hustle. Aha. We’ve all heard those words and, more than likely, we’ve all been there. Or perhaps you are there right now, side-hustling hard. It can feel like mission impossible sometimes, right? Working full-time and side-hustling together. It takes A LOT of sacrifice, patience and faith not to give up.
But it also takes courage to take that all-important leap: turning your side hustle into your main hustle.
Just how on earth do you do it? And, more importantly, how do you know when to quit the day job?
I’ve been there, done that and got the T-shirt and there are a few things I wish I knew before I took that leap of faith! Let’s have a look at some of those things together. I want to make it as easy as possible for you when you decided to take the leap.
#1 | When Enough is Enough – Is it Time to Quit the Day Job?
Does this sound like you?...
While working full-time, you are constantly thinking about all the work you’ve got left to do at home. You compile a to-do list in your head and when taking a break, you’re working on client work or writing your next blog post.
Why? Because you love what you do. You dream that one day – one day soon – you will be able to take your business full-time.
If you are in that place right now, ask yourself the following question…
#2 | What is Holding You Back?
You may know the answer. For many of us, it was money. I know, right #sighs. We couldn’t simply quit the day job and rely on our small earnings from that side hustle of ours. Financially, we just weren’t ready yet.
But if you are ready financially and you feel like you are able to take that leap, what is holding you back?
Put it this way: slaving away in your side hustle on the evenings and weekends and not having any time for yourself may cause you to lose the joy you once had for your own biz.
Please don’t let that happen!
You began your side hustle for a reason. Don’t ever forget that! Turn your attention to the thing that’s eating up most of your time – your day job.
If you are in a position financially to quit your day job, start taking steps to do so! Write down a to-do list and a goal list and set it somewhere you can see.
#3 | Remember Why You Started Your Hustle
Okay, so you may not be able to quit the day job right now.
Urgh. I know the feeling. But that doesn’t mean you leave it there!
The idea is to get yourself where you wanted to be in the first place: working ONLY for yourself doing what you love.
Keeping your eye fixed on your goal will help you take the necessary steps toward becoming your own boss and you will be well on your way to quitting the day job. And while you may have to work extra hard for that to happen, it will be worth it in the end.
#4 | When to Quit Your Day Job
Let’s say you have built up enough money to fly solo; you are earning more from your side hustle and you just can’t do anymore unless you have more time.
What do you do?
I would love to say, “pack in the day job, girl!” Easy!
But in reality, it doesn’t work like that. Because even if you are financially ready, you need to prepare something far more important.
Besides being able to support yourself, you need to be prepared for the change that comes with packing in the day job. This was probably the biggest scare for me, so I want you to be prepared.
For many of us, working at a day job means keeping social. We have a fixed routine and we spend a lot of time – inside and outside of work – with our colleagues. Take that away and what happens?
Just kidding – it’s not that bad because OF COURSE we have a social life outside of work. But honestly? That side of things does take a toll and, if you are naturally extraverted, filling that social void may be a challenge.
Being mentally ready to deal with a change in routine and a change in your social life is SUPER important when considering whether you are ready to throw in the day job. If you are feeling a little unsure, why not try creating a schedule of what your routine will be like without your day job in it? Maybe even try and extend yourself socially or be prepared to make extra effort to stay connected to your colleagues before you leave. That way, the transition from side hustle to full-time freelance will be a whole lot easier.
Want to start working towards quitting that day job BUT just don’t know where to begin? I can help! I am a branding strategist and graphic designer who has truly been there – I 100% get you. So don’t shy away from asking those questions! Get in touch! Even if you just need someone to chat too, I am happy to help!