67 min listen
305: What to Do Before You Quit the High-Pay & Benefits of Corporate World
305: What to Do Before You Quit the High-Pay & Benefits of Corporate World
ratings:
Length:
81 minutes
Released:
May 30, 2022
Format:
Podcast episode
Description
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 CoverThe 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 jobPrioritizing yourself in your company and the downside of saying “yes” too oftenBuilding a stable reserve fund so you can quit with confidenceSelf-Directed 401k and other retirement options that self-employed individuals haveSelf-employed health insurance and how to keep your benefits as you step away from full-time workAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingMindy's TwitterConnect with DavidApply to Be a Guest on The Money ShowPodcast Talent Search!Subscribe to The “On The Market” YouTube ChannelListen to The “On The Market” Podcast: Spotify, Apple Podcasts, BiggerPocketsI Like to DabbleSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 30, 2022
Format:
Podcast episode
Titles in the series (100)
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