How to Tell it’s Time to Quit Your Job and Start Your Own Company

February 18th, 2016 Posted by Business is ART, Business Plan, Entrepreneur, Inspiration, Leadership, Vision 0 thoughts on “How to Tell it’s Time to Quit Your Job and Start Your Own Company”

back in the old country, anyone with a vision was considered a witchFormer NFL football coach Mike Shanahan said of professional football players, “If you’re thinking about retiring, you’re probably already retired.”

The same may be true for any career, particularly if you are thinking about starting your own business.  If you’re searching the Internet for ways to tell if it’s time to quit your job, you probably already know the answer to the question.

Many people switch jobs when they are unhappy, but comparatively few leave their jobs to pursue what they really want to do: start their own company.

It Has Been Done Before

Every business leader started at one low-level job or another. Michael Dell washed dishes at a Chinese restaurant before moving on to found Dell, Inc; David Oreck was a wholesale distributor for RCA before becoming one of the most recognizable faces in the vacuum cleaner industry. Former Vice President Al Gore invented the internet before he…never mind.

Are you destined to become a famous industry mogul? Perhaps not, but that doesn’t mean you can’t become a successful business owner. It’s entirely possible to transform your business vision into a successful company.

And it all starts with you quitting your dead end job.

Read the Signs

They may not even be that obvious, but there are signs that you are working at a dead-end job. Even if you don’t dread going to work in the morning, that doesn’t mean it’s not time to quit.

It’s not all about screaming bosses, not having a life outside of the company and co-workers whose presence is nauseating. Sometimes the signs are a bit subtler and can include:

Boredom

If your job isn’t challenging or is too repetitive, it can leave you feeling unfulfilled. Besides money, job fulfillment is one of the biggest things that people look for in a job. You should love your job, and you shouldn’t have to convince yourself to get up and go to work every morning.

Stagnation

Have you held the same position for years? When was the last time you learned a new skill? Jobs that teach you something new or provide a means towards a promotion are essential to feeling fulfilled at the end of the day. But sometimes we stay for too long with a company that simply passes us over for too long. When it gets to this point, it’s time to get out and make something happen for yourself.

Apathy

Do your eyes glaze over when you see the company motto and values? Does seeing the executives’ excitement at the future of the company make you stick your tongue in your cheek? If you just don’t care about the mission of the company, how is it possible to enjoy what you do every day? When you start your own company, something that you are passionate about, you will always leave work feeling energized and excited.

You’re Not Too Old

The average and median age of business founders is 40, according to a survey of 549 founders of businesses conducted in 2009. About 70 percent of these respondents also stated that they were married when they started their business, and about 60 percent said that they had at least one child (43.5 percent had two or more).

Still think that you are too old, too busy or too involved with your family to start a business?

If you have a dream, and the means to chase it, then you should do everything in your power to pursue it.

Grab Some Help Along the Way

Starting a business can be a daunting endeavor, but with the right tools, a few dedicated partners and enough determination, it can be done. If you have no idea where to get started, check out the Business is ART book.  It can help you take the initial leap towards becoming the successful entrepreneur that you’ve always wanted to become.

Be Prepared

A word of caution – don’t quit your job or wait to be let go from your employer to start preparing for your business. When you have no income, that’s the worst time to start planning. You start cutting corners and might even get in to panic mode, leading you to make the wrong decisions. Take some time. Draft your vision and strategy.

Think it through. Just don’t take forever. Give yourself a due date for the prep work.

Then go for it.

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