When making a huge change like setting up your own business, so that you can live your life on your terms, there are a lot of ducks to get in a row. There are so many considerations, there are so many obstacles to cross. But how can you make this transition easier? We work through many of these in detail in my coaching programme, but here a few of the simpler ones to get you thinking!
Having someone in your corner
Having someone who understands your vision and what you are trying to achieve, is so important. For all of those days where you doubt yourself, where you feel like you are spinning tyres, where you wonder why on earth you thought this would be a good idea - that person can always help you to see where you are headed and more importantly, why you are doing it. It doesn’t have to be a partner, just someone who gets what it is you are trying to achieve. It may be a friend, a son or daughter, a parent or a spouse. Have someone who can keep you on the right path towards your vision.
Identifying what isn’t working
So this one may seem a little common sense, but it is scary to see the number of people who jump from the frying pan into the fire, without stopping for an instant to assess what wasn’t working in their current life. So if you do more of the same you will get what you always got. Simple. So don’t just change company thinking that everything will be perfect from then on, if you haven’t addressed the true root cause.
Identifying your Why
What is it that you really want? How do you align what you do with your real why. Everyone has a why, it is a piece I go deep on, in the first month of my intensive coaching programme.
What do you really do things? Why do you exist? What is your true purpose?
If you can align your real why with what you do, then it is true, you will never work a day in your life.
Letting go of ego
For people who are very senior in their jobs, there is an element of ego attached, you couldn’t possibly change paths now, could you? What would everyone say? What would everyone think?
Who cares, it is your ego that is worrying, not you!
So simple but so easy to gloss over this one. It is always a good idea to have been saving for a rainy day, but the general rule of thumb is to have 6 months of savings before you go all in. So sit down and calculate out your exact cost of living in your current situation. (If you would like templates etc just ping me a note) and mark each as N or W. N for need, W for want. It is amazing when you start to strike things off the list of wants, how much you can save. Then figure out your monthly income, which simple if you are in a job. Figure out your net position per month.
Calculate from savings how many months you are covered for for when you go out on your own.