To start a business, many people think they have to quit their job and be the next Google. Is there another way?
Too many weirdos think that to start a business, they have to quit their job, raise millions in venture capital, and start the next Google.
Uh, that sounds pretty risky to me.
Is there another way? Can you start something slowly? What if you want to quit your job and start your own thing, but you have bills and you don’t want to take on a huge risk?
What do you do?
I made the leap to running my own business, and then I taught a bunch of my students how to do it, too. So I wanted to share my answer to today’s “Ask Ramit” question, which comes from Jacquie in Atlanta:
“Financially, is it wiser to work for yourself (freelance/contractor) or to work for a company (who offers healthcare benefits, 401K, etc.)? I am at a crossroad, and the thought of leaving my company both thrills and terrifies me”
Here’s my framework of thinking about when to stay…when to quit…and the best way to do it. All in a short video for you: