Are you thinking of leaving your 9-5 job?
I’m guessing you do, and that’s why you’re here. I get you – I really do.
Note: This post contains affiliate links. This means that if you click through and make a purchase, I will get a commission which helps me to keep this blog up and running. Apart from the actual cost of the product, this comes at no additional cost to you – I promise. See my full disclosure HERE.
I have always, always wanted to be a mom that could stay home with her children, and be home when they arrived from school. Unfortunately for me, I had to go out into the corporate world and bring the bacon home. I worked first in Administration and Business Support, then on to Teaching and Tutoring, and then settled on working as Recruitment Consultant for over 10 years.
It wasn’t until much later that I realized that I could be a WAHM – A Work at Home Mom, or even a Mompreneur. When I first learned about the possibilities, I jumped into research mode (because that’s what I like to do), and hit the books (or Google).
Let me tell you now though that it wasn’t easy. I confused myself with the many different options I learned from all my researching. It all seemed so impossible.
These courses and eBooks helped me tremendously in my learning:
- Pinteresting Strategies by Carly at Mommy on Purpose
- Making Sense of Affiliate Marketing by Michelle Schroeder-Gardner
- How to Blog for Profit Without Selling Your Soul by Ruth Soukup
I was determined to be an entrepreneur – a mompreneur. I looked into selling at craft fairs, baking homemade goods to sell, Etsy, Amazon, and eBay. I bought a second hand sewing machine (which, for the life of me, I still don’t know how to use). I even thought about cleaning houses, doing paper runs, and dog walking.
What I craved most was the opportunity to purchase a franchise so that I could run my own business. I researched into franchise law, franchise opportunities, and bank loans.
In spite of my drive and positive energy, I found that crafting took over my time and my sanity. I couldn’t keep up with making enough crafts to sell so that I could sustain a household income-wise. Doing the paper run would take up so much of my time for very little return. And banks declined my applications for business loans for franchise opportunities.
So you can imagine how defeated and jaded I felt when nothing seemed possible. I was devastated.
I need to make it clear though that this process took a couple of years – not a few weeks of research; certainly not a few days. It took a couple of years and a bit of myself was broken.
STARTING MY OWN BUSINESS
It wasn’t until I really decided to take a leap of faith with the help of Wayne, my partner, and his belief in me and my talents; that things really started to take off. There was light at the end of my so called tunnel of despair, and I was walking towards that light.
After that leap, I never looked back. Today, I am a Freelance Writer and Blogger. I am actually living my dream of being a writer!! Gosh what I would give to tell my young self what I’d become today! Here’s how I started my freelance career.
- Related Post: An Honest Guide On How to Start Your Own Blog
- Related Post: The Beginner’s Guide To Starting Your Freelance Writing Business
- Related Post: How to Find Your Passion So You Never Have to Work Again
OKAY – so before we go on any further, I’d like to say that by no means am I encouraging you to leave your job and just jump ship. I totally understand that everyone’s situations are different. The situation of a single 20, 30, 40 year old is very different from a 20, 30, 40 year old mom of three kids. See what I mean?
What I am saying though is – before you make that leap, it’s really important to be strategic, discerning, and dedicated.
Here are 5 Things You Should Do To Become Your Own Boss
1. Initiate | Determine WHY you want to leave your job
For this first part, it’s important to determine why you want to leave your job.
For example – I want to leave my job because:
- I want to stay home with my children
- I want to be my own boss
- I don’t like the people I work with
- I’m not a morning person
- I prefer to work on my own and in my own time
- My job is too stressful
Whatever your reasons are, make sure that you are honest with yourself.
Next, make a list of what you don’t like and – this equally important – a list of what you like about your job.
For example – I don’t like:
- The stress involved
- The hours of work
- That it doesn’t challenge me
- It is is not “me”
- That my salary does not reflect what I am worth
For example – I like:
- My boss
- The people I work with
- The challenges I am presented with
- Learning knew things
- That I get paid well
Weigh out the pros and cons of leaving your job. These should be based on the reasons you want to leave your job.
For example – PROS
- I will be able to spend more time with the children
- I will be able to manage my time more
- I will be able to focus on my passion
For example – CONS
- Without my income, we will be living on a tight budget
- I will miss my colleagues and being around people
- I may find it difficult to get another job if I leave this one
Ask yourself: Is there anything that your current workplace can do to help ease your situation?
Often, people think they want to leave their job because there is something that is not being met. So, ask yourself if there is something that your current workplace can do or change to make you rethink your plans of leaving.
For example – I won’t leave my job if:
- I am given a salary increase
- I am moved to another department
- I am given more responsibility
- I am given flexible hours
Now this is important – if after doing this, you do find that there are in fact some things that your employer can do for you to make you stay in your job; make a plan to ask for it. It is so important that you know that employers and managers don’t think about whether you are happy or unhappy until you actually tell them.
Do not wait until you are ready to quit to ask for something you feel you deserve. This only causes resentment. It is very likely that what you are wanting to ask for is actually something that will be beneficial to both parties – you and your employer.
Employers and managers don’t think about whether you are happy or unhappy until you actually tell them.
2. Identify | What is your current income and how does it meet your family needs?
SO – if you decided to go on to step two, it’s because you have decided that there is nothing that your employer can do for you to help make your situation at work better.
Now then, it’s time to identify what your family needs are, and how losing your income will affect you.
Write down your income and what that income does for you and your family.
For example: Income – $30,000 per year
- This income is helpful in that it pays for the children’s activities and family entertainment such as going to the movies and dining out.
For example: Income – $60,000 per year
- This incomes is supplemental to that of my husband / partner. It meets half of our household needs and is essential for groceries, children’s activities, and family entertainment.
For example: Income – $90,000 per year
- This income is crucial as it pays for the family mortgage, daily family expenses, household utilities, children’s activities, and family entertainment.
3. BUDGET | What will give you and your family what you need?
Now, ask yourself: How will it affect my family if I lose this income?
If you temporarily lose your income, will your family be able to get by until such time that your business takes off and starts contributing to the family finances?
When Wayne and I discussed the option of leaving my job, we brainstormed on how much I needed to earn to make it sustainable. For those of you who may not know, Wayne is a Management Accountant – and he’s the brains behind our family finances. So we sat down and made a budget, identifying that all I needed to earn was $150 per week to help with the groceries.
I couldn’t believe it. $150 a week was all that stood between me and my dream! Totally doable!
4. Plan | How can you achieve your goal?
SAVE – Before leaving my 9-5 job, we made sure that we were putting aside some money to help as a buffer while I was setting up my business and This Blended Home of Mine.
IDENTIFY YOUR OPTIONS – Now that you know what you need, it’s time to identify your options. For me, I needed $150 a week to contribute to the household; and then the rest to invest in my business.
So during this time, I chose to do these three things on the side:
1. I worked part time (6 – 12 hours a week) in a Day Care Center – $144 per week on average
2. Focused on my Freelance Writing – $45 per hour on average
3. Babysitting at home – $10 per hour on average
INVEST IN YOUR BUSINESS – It’s important to invest in your business. I hate to say it, but… you have to spend money, to make money.
If you have thought about writing or blogging as a business, you can read my honest guide on how to start your own blog here. I tell you about all my mistakes and that could help YOU from making the same ones and saving money in the process. Let’s face it, we don’t enjoy spending money on mistakes!
Now because I love to research, I devoured everything that I could on the best courses that would help me achieve my goals. There was so much information, it was overwhelming.
I purchased a few cheap online courses that turned out to be duds; and then those that were like striking gold! Total game changers!
were are my favorite and I continuously to refer to them. I loved them so much that I have applied to be an affiliate, because I truly believe that these three courses helped me to get to where I am today – doing what I love!
1. The first one is Pinteresting Strategies by Carly at Mommy on Purpose. You can read more about what it did for my blog here.
2. The next course – and one that I really saved up for – is Making Sense of Affiliate Marketing by Michelle Schroeder-Gardner. In this course, Michelle shows you the exact strategies she used (and continues to use!) to go from $0 in affiliate income to over $50,000 per month.
I’ve only just begun and have started seeing a consistent increase in my affiliate income. Not enough to do an income report (it’s only been two weeks!), but certainly enough for me to grin from ear to ear at home. I’ll let you know when it gets to where I want it.
Michelle’s course is $197 (or you can pay in two parts as a payment option, still getting full access upfront) – AND, if after the course, you feel like it’s not doing it for you, she will refund you the money spent. It’s a win-win. I certainly don’t think I’m going to be asking for a refund. I’m very happy with what’s in the course.
3. The eBook How to Blog for Profit Without Selling Your Soul is fantastic. It’s written by Ruth Soukup of the Elite Blog Academy (EBA). She also blogs over at Living Well Spending Less. I love her personal story!
Now listen, I’m NOT an alumni of EBA, but I did buy the eBook and again, I’m very happy with it. I read the book from cover to cover, and I had so many A-HA moments. I especially love how she quotes one of her mentors by saying, “Do not compare your beginning to someone else’s middle.” So true. So true.
5. Implement | Do it
After you have done steps 1-4, it’s time to implement your strategy. When you resign from your 9-5 job, make sure that you set up the side hustles that will help you keep afloat while trying to build your business. Remember, I did 3 – Daycare work, Babysitting, and Freelance Writing.
Within four months of hustling, my freelance writing business began to generate more clients, I stopped working at the daycare center. Instead, I focused all my efforts on getting more clients and setting up This Blended Home of Mine. Today, I work full-time on my writing (both freelance and blogging).
There you have it, Mamas! If you do decide to take that leap of faith, I wish you all the very best. YOU WILL BE SO AWESOME! If you have any questions at all, feel free to leave a comment or email me at ThisBlendedHomeOfMine@gmail.com
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