Encouraging Others Through Christ - Gspn.tv

738 - The Illusion of Security in a Day Job and Its Consistent Paycheck

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Sinopsis

In this episode, I speak into the dilemma many people face when considering leaving the security of a day job to pursue full-time self-employment as a freelancer, coach, or consultant. I share my own experiences and insights on navigating the perceived inherent lack of predictability in self-employment, and how to address the concerns of a spouse who may be more comfortable with the stability of a traditional job. Key Takeaways: I advise that many clients wait until your self-employed business is consistently generating the equal amount of income that you earn from the day job before leaving your day job, in order to provide that sense of financial security for your family. I share strategies I've used to manage cash flow and create a sense of financial predictability, such as my "Options, Not Obligations" (ONO) account. I emphasize the importance of having faith, trust, and expectancy in your ability to create opportunities and generate income as a self-employed individual. I discuss how my reputation, visi