Updated: May 30, 2019
I have this belief that if everyone who hated their corporate job and wanted to start their own healing or coaching business actually did it, the world would be a better place. Seriously! Can you imagine all these people sharing their gifts with the world, raising the collective vibration, and helping people heal? I can. That’s why I’ve made it my personal mission to support coaches, healers, consultants and entrepreneurs as they ditch their day jobs and step into successful, lucrative private practices.
I also know from personal experience that taking the leap can be a daunting one – and it gets scarier the closer it gets. Here are some powerful tips to get you moving from side hustle to resignation.
Determine What You Need to Leave
For most of my clients, the primary goal is a financial one like having X amount of money in savings, having replaced their income through their business, and cutting expenses to the bare minimum to minimize financial risk. These are all important considerations, for sure. To successfully leave your corporate job, you must know your numbers.
In addition, I encourage you to give some serious thought to other factors like personal values, partnership goals, and timing. Ask yourself: in an ideal world, what are the most important things for me to accomplish in order to make this transition a happy and healthy one for everyone involved?
If you walked out in the middle of a year-long project, would that feel out of integrity with your values or damage your reputation in a way that would affect your new business? How many hours are you willing to work each week between both businesses until you burn out? Are there any meaningful benefits that make staying a certain amount of time worth it? Is your partner or spouse on board with your targets and timing? If not, what would s/he need to feel like you’re both set up for success?
Asking yourself these valuable questions will help you get clear on what exactly you need to accomplish in order to set yourself up for a successful and graceful exit.
Be SUPER Clear on What You Can and Can’t Share in the Workplace
This may be a no-brainer but I’m going to include it anyway. It’s essential that you know what, if anything, can be communicated within your organization - as well as with customers or clients. Speak with HR or search your company handbook for rules about what you can share about your side hustle and when it can be shared. Every company is different and many do not have a formal policy for this. For example, a company may be supportive of your work internally but under no circumstances will you be allowed to share externally.
Conversely, one client’s company was supportive of her outside work and encouraged her to share her entrepreneurial endeavors with colleagues and customers - but only after her notice was formally communicated (two weeks before her departure).
Having this kind of clarity will help you curate your social media pages, save you from awkward conversations, and potentially keep you from getting fired.
Manage Your Emotions
In my experience with coaching clients, by the time they are asking this question, they are SO OVER working their day job. It becomes increasingly difficult to tolerate office politics, that ultra-demanding client, the passive-aggressive coworker, or the mundane day-to-day tasks. This usually starts to show up in the form of anger (aka frustration), irritability, lack of creativity, low energy, and can even cause depression or anxiety.
I’ve been there. I used to cry in my kitchen over my coffee mug before going to work at least twice a week for months before I was able to give notice. No joke. It was HARD but what I learned was that you have to be able to emotionally disconnect from your day job and focus only on getting your work done during business hours. This may also require that you enforce boundaries about working nights and weekends, stop volunteering to take on additional projects, or cut back on travel, where possible.
Making these internal shifts will do wonders for you by protecting your energy and creativity levels so you can give your best to your business during your “off” hours.
I will also note here that I’ve had clients come to me who were truly in a toxic environment in their work. In those cases, the best option was to get out of there ASAP, find a less demanding “bridge job” and create a solid plan and timeline for going full time as an entrepreneur. If you’re unsure if you’re in a toxic environment or if you’re just fed up, let’s talk and get some clarity around your best next steps.
Get Your Business Ready to Launch
Obviously, to make the transition from corporate employee to entrepreneur as successful as possible, you want to have your business in a position to grow and scale quickly once you give notice. Make sure you have time scheduled in every week to work on business development activities in addition to seeing clients.
Get systems in place. Solidify your lead generators. Be willing to grow and try new things. Set a target date. You will not have another opportunity to collect a steady paycheck and take the pressure off hitting your sales goals. Use this valuable time wisely to make sure you have a solid foundation for growth.
I have good news for you! I've got two resources to help you get up and running. Check out my 5 Pillars for Profit: A Foolproof Guide for Setting Up Your Business for Success. And if you're feeling solid in your business idea and just need clients, grab my
Find a Coach or Mentor Who Has Been There
I can’t stress enough the value of having a strong support system in place as you take this big leap. It’s invaluable when family and friends cheer you on. For me though, hands down, the best investment I’ve ever made in myself or my business is hiring a personal coach.
Having a strong coach or mentor in your corner will help save you time, keep you from making common mistakes, ensure that you have effective systems in place, and accelerate the growth of your business. This is especially true if you’re a coach or healer who wants to fill your practice and scale your business quickly.
No matter where are you are today, my wish for you is that you begin to move forward toward this transition with grace and ease. Have questions or think you might need more support in this area? Email me. I’m here for you if you want to hash it out.
Want to join a community of fellow bosses who get what it's like to navigate the unique challenges of entrepreneurship? Join me in my FREE Facebook group, Streamlined Success for the Service-Based Entrepreneur.