Is Starting Your Own Business a Good Idea in This Economy?

People often come to me with this question – I have a career right now, I’ve always dreamed about starting my own business, but I’m just terrified of quitting my job and losing my regular income during this economy…

You may be surprised by my answer, but I really don’t ever recommend anyone to just quit your job to start your business.

The truth is, I did it that way myself, but I only recommend people doing that when they cannot be convinced of anything else – when they are standing at such a strong place of belief that they just absolutely know it’s going to work.

If you are not standing in that absolute place of knowing about starting your own business, don’t quit your day job – because you’ll put too much pressure on you energetically.

What really can be valuable and useful is to start out in such a way where you can begin to create some revenue from your dream business on top of what you are already doing in your career. Then, once it begins to start on the way to replacing that income, you can start activating more of the belief of, “Yeah, if I could just put some more time into this, this could really take off!”

I’ve seen a lot of people quit their job because they’ve got a dream for a business and a passion to be their own boss – but they minute they quit, they’ve activated the lack mentality of not having a regular income right away.

They’re putting out these rockets of desire, but they’re cancelling them out because of their fear and worry – it’s like putting your foot on the gas and the brake on the same time. When you do that, nothing happens!

Don’t be afraid to start more slowly…

• Put some feelers out
• Start talking to people
• Put in a couple weekend or evening hours
• Don’t invest a lot of money right away

You’ll find that you’ll be building up positive evidence through this process that is going to put you in a place of power in starting your own business that you may not have had access to before!

One client that I coached really wanted to start an organizing business. She had a passion for it and knew it could be successful…but my strong advice to her was not to quit her day job right away.

I coached her to start doing some of it on the weekends – start getting some clients and building up positive evidences before quitting her day job. Read more