3 Ideas To Help You Quit Your Job

Recently my product development business started earning enough money for me to be able to devote my full attention to it. I've been working towards this for a while now, but here's how I got to this point, how I eliminated the fear and how you can too.

1. Low overhead lifestyle. My wife and I have managed to reduce our expenses to the barest of minimums. We've managed to reduce our rent and utilities to zero. Our insurance, petrol and groceries are our largest expenses now and they come in under a grand. It doesn't take much sales from our business in order to cover those bare necessities. Now we are just looking for products that are base hits instead of home runs. Look to reduce by following the 1 time downside (ie moving) with ongoing upsides (1/2 to 1/4 the cost in rent). Avoid doing things with the opposite costs. Avoid clipping coupons because they incur an ongoing downside with a once off upside.

2. Skill Learning Time. I didn't know everything I needed to know about building an online business, so I gave myself a few hours each day in the lead up to going out on my own. I cut out TV and sleeping in to give me this time without sacrificing work, exercise and family time. Those couple of hours a day were the difference between confidently venturing forth and being scared of the future.

3. Have a backup plan in place. I made sure I didn't burn any bridges and did my work until the very last day of my job, just to make sure I'm welcome back. My backup plan is very simple. Go back to my former employer and contract with them for 3-6 months. The money I make during that time is enough to tide me over for an entire year. Find something you could do in order to make ends meet if things don't go as well as you hope. Keep it close to you to give yourself the courage to strike out on your own.

Those are the 3 things I did in order to build my skills and reduce my fears to the point where I confidently struck out on my own. They are really easy to do but they may be emotionally difficult, especially if you are addicted to TV or really tied to a certain area. If striking out on your own is your number 1 priority, doing the 3 things above will speed you on your way.

"The PayPal Kunaki Integration Software will allow you to set your entire sales, production and fulfillment process on full autopilot." -Steven Lohrenz. Here is the URL: Automated DVD Delivery With PayPal

- Steven Lohrenz