Don’t Resign Till You Have A Game Plan.

In one of my first posts on my blog, I showed how I resigned from my job to pursue my own undertakings in an Internet business. In hindsight, there are some things I should have considered more thoroughly before jumping ship.

Financial Security

When you work, you get paid; it’s as simple as that. When you are working for yourself, you only get paid when you complete a successful sale or transaction. It could be a lot more than how much you were earning when you were working, or it could be a lot less. You don’t want to have to give up your business dream just because you ran out of money due to not saving enough before you quit your job.

Do You Have The Time?

What you have to ask yourself is if it’s possible to balance work, life as well as a side business all at the same time? Depending on your type of business, it may be completely possible (e-bay, blogging etc.) but for others, there are just not enough hours in the day to do two jobs at once. Even now, I figure that I run about a 7 to 8 hour day (although my working hours do start and stop late at night) so I probably would not have been able to balance a business and work.

Have You Got A Game Plan?

Above I mentioned that in hindsight I maybe would have stayed a little longer, but now that I have a plan, I’ve no regrets. Succeed or fail, at least I’ve got a plan to stick to which gives me the best shot of success.

But have you got a game plan? Before you resign, set aside some time and write out a 3 month plan. It could look something like this:

Month 1: Goal? E.g. have the articles for the website ready.

Week 1: Target? E.g. have prepared 7 of the 30 articles required.

Day 1 – 7: Specific Tasks? E.g. day 1, article 1, day 2 article 2 etc.

Repeat for 3 months. You need to be as specific as what to do on each day, as if you are not, you will wander aimlessly in trying to start up your business. You cannot be ambiguous in your daily goals, it has to be specific.

When you have your 3 month day by day plan (which you think you can stick to) ready, saved enough finances, consulted with your family, then go ahead, make your day. Resign from your job. But be prepared for many challenges ahead.