Let’s admit it, business is hard. Especially when you’re managing everything by yourself from social media marketing to payroll in an attempt to gain traction and grow your business to full time. If you have an idea to create something that you are absolutely passionate about and believe in, don’t give up even if it feels like you’re going in circles. As the saying goes, “we all have to start somewhere,” and what better time than now to build your dream?
I know it’s better said than done, but to help you continue down this path to success (and hopefully quit you day job) I’ve reached out to 8 amazing entrepreneurs who have successfully quit their 9 – 5 and continue to grow. I couldn’t think of a better time to share this advice than the start of my business blog! Below is some much needed inspiration and tips from these awesome entrpreneurs. And let me tell you, these pieces of advice definitely provide some much needed words of wisdom for those looking to build their business even further.
Full time entrepreneurs, what’s the best piece of advice you can offer to someone who is just starting their business and wants to eventually quit their 9-5?
1. Jessica Bledsoe
“Make your clients / customers a priority. You’ll get most of your business from word of mouth referrals. It’s easy to let things slip when you’re working full time and trying to grow your own business. Remember that communication is key.
Everyone makes mistakes, but if you’ve found yourself in a bind and unable to meet a deadline, etc., communicate that with the client. Most people are understanding if you are the one to tell them whats up rather than making them ask you for an update.
Set clear expectations and don’t feel like you have to take every job that comes your way just because you’re “new”. Trust your gut, but also be open to opportunities that might open other doors down the road.”
2. Jayleen Magill
“My best piece of advice for someone just starting their business is make sure you love the work.
Just because you get to do it from home (or wherever) doesn’t mean you can’t hate your job. If you’re starting a business, make sure it’s something that you love doing. We’re all in love with the lifestyle of screwing the 9 to 5 … there’s so much potential for freedom around time and money.
But, it’s not worth it if the work that you’re doing to afford the lifestyle is something that you don’t like doing.”
3. Scott Wetzel
“My advice for a new freelancer is to always charge 20% more than you think you should. A close second (maybe equal) is never ignore the red flags or gut checks. They are there for a reason.“
4. Jordan Beckvonpeccoz
“Be persistent! There’s a lot of information out there, and a whole world of starting points, but if you just keep at it and learn as much as your brain can handle, you’ll do great.
More than anything else in my freelance journey, being persistent has kept me working and trying and innovating. It’s not quite the same as being stubborn, though, because that would imply a kind of pride and not being able to let go of things that aren’t working for you. It’s definitely important to be able to do that. Persistence more means knowing that you have to be doing this, or that you want to be doing this, and that even though you don’t always know what you’re doing, you’re gonna keep learning and trying until you figure it out. (Even if maybe figuring it out will never happen.)“
5. Barry Braunstein
“You will likely underestimate what it will take, both financially and timewise. It will likely take more money to get the business going than you originally planned for. Revenues will likely not grow as fast as you’d like / planned for. You will not have enough time to do everything you want / need to do. At some point you’ll need to outsource / prioritize all the things you need to do. It’s great to be on your own – but if you’re not prepared for the ups, downs, and what it takes to get the business going, it can be tough. Oh, and marketing / selling will take up more time and effort than you realize – and it’s the most critical thing you’ll need to do.“
6. Mark Mehling
“Remember this definition: An entrepreneur is someone who will quit their 9 – 5 job to be their own boss and work 16 hours a day, 7 days a week to succeed.”
7. Sophie Newman
“Do what you wish you were doing. I knew I wanted to work for myself, but delayed making the leap. I wish I’d made a decision sooner – within a few weeks of starting my business I was happier, more excited to share what I was doing, and pumped to start working each day! If you’re wanting to make the change – make a plan and then work forward. Whatever you do: envision where you want to be and then START WORKING to get there.“
8. Tim Miller
“The most important thing to do before anything is to count the cost. There are many great ideas that people have but so many fail to count the cost. Going from a 9 – 5 job to your own business is like giving up one job to take on 3 or more jobs, so you better love what you’re venturing into doing. Also never do it for the money. If your focus is money, stay at the 9-5 job. That isn’t to say you won’t make lots of money, but it can’t be your focus. Love what you do and do what you love.“
Managing and owning your own business obviously takes a lot more effort than a 9 – 5 job. You need to make sure you’re definitely passionate about the route you’re looking to take. Yes, the road does get tough at times, but when you’re doing what you love, it’s easier to push past the bad and strive towards the good. While being persistent is key, certain decisions can make or break your business. It’s important to remember to listen to what your gut instincts are telling you.
If you love what you do and are eager to grow your business further, get excited for a future where you can enjoy the freedom to work where you want, when you want, and on what you want… With some sleepless nights sprinkled in there for good measure, of course.
Did these words of wisdom resonate with you? Or have you successfully quit your 9 – 5 and have some wisdom of your own to share? Let me know below!