Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Episode 176: How Much Money Should I Have Saved Up Before I Quit My Job? (FS176)

Episode 176: How Much Money Should I Have Saved Up Before I Quit My Job? (FS176)

FromThe Fizzle Show


Episode 176: How Much Money Should I Have Saved Up Before I Quit My Job? (FS176)

FromThe Fizzle Show

ratings:
Length:
60 minutes
Released:
Aug 19, 2016
Format:
Podcast episode

Description

Before people start a business they usually have a decision to make: am I going to quit my job and work full time on this, or am I going to work on this on the side? Show Notes: fizzleshow.co/176 Both have pros and cons, both are frustrating for different reasons. This is a topic to be careful about. Some experts and gurus out there would have you believe you need to just put it all out there, believe in yourself and take a big leap of faith. That’s the model that worked for them so they tell you to do it. But maybe there are more practical ways we can be intelligent about this decision. In this episode we break down common variables you may not already be thinking about like: - How much savings do you need? - What does ‘runway’ mean? - What’s a ‘burn rate’? - What are the different decision points here that would allow me to make a smart decision? It’s a practical and exceptionally helpful episode. Enjoy!
Released:
Aug 19, 2016
Format:
Podcast episode

Titles in the series (100)

Weekly insights for online business builders and small business owners earning a living doing something they care about. We focus on modern business essentials, self employment, motivation, productivity, audience growth, blogging, podcasting, content marketing, work-life balance among other things!