305: What to Do Before You Quit the High-Pay & Benefits of Corporate World

Before you quit your job , you will need to prepare yourself not just financially, but mentally. If you’re thinking of leaving your W2, and you're not at retirement age just yet, odds are you have a side hustle or even an entire small business . As the side hustle begins to grow, you may be torn between spending time at your job and putting in the hours to scale your business . This is doubly true if you’re like Daniella Flores from I Like to Dabble , who is at a high-paying, fully-remote job with a solid share of benefits. Before she decided to scale down her full-time work, she had to come up with an action plan that would allow her to slowly slip away from corporate life , so she can avoid the instant shock of being an overnight entrepreneur. Daniella has some helpful tips for anyone who thinks their time at a job is close to the end . She has spent the last year or so planning for the departure, so when she leaves her job, she doesn’t need to search for a new one! Now, she can spend more of her time writing, designing, and building something that will truly set her up for long-term financial (and time) freedom . In This Episode We Cover The importance of having a side hustle (especially when you’ve been working for a while) Job hopping and negotiating more than just salary at your new or current job Prioritizing yourself in your company and the downside of saying “yes” too often Building a stable reserve fund so you can quit with confidence Self-Directed 401k and other retirement options that self-employed individuals have Self-employed health insurance and how to keep your benefits as you step away from full-time work And So Much More! Links from the Show BiggerPockets Money Facebook Group BiggerPockets Forums Finance Review Guest Onboarding Mindy's Twitter Connect with David Apply to Be a Guest on The Money Show Podcast Talent Search! Subscribe to The “On The Market” YouTube Channel Listen to The “On The Market” Podcast: Spotify , Apple Podcasts , BiggerPockets I Like to Dabble Learn more about your ad choices. Visit megaphone.fm/adchoices