Thank you. I intend to quit my job to fully focus on the business i'm creating but your insight gave me lots of ideas. So thank you so much for sharing your experience.
Thank you SO MUCH for this video! Most of the videos on youtube just say "I quit my 9-5 job and started a business" with no helpful information about how to feasibly and responsibly do it. I really appreciate this! Do you have any tips about how to go about finding a lawyer that could help with starting a business?
i am still a full time employee for 20 years and just starting now my side hustle for 2 years, in the 2nd year it is also gving me the profit but my objective to have at least 100% of my monthly salary before i quite my job
I really do find this videos interesting and motivating. Any motivator need a motivator to inspire them to motivate others. I love to motivate people regardless of who they are. That's why i started my talkshow channel which give startups, creative minds or businesses the ability to share what they do with the public. I want to motivate so many people especially women in Africa to wake up and focus on their dreams rather than sleeping and complaining about how things are difficult. Thanks for this.
Great video! Thank you for the very insightful tips. The 12-18 months saving fund is a very good. I didn't know think of it for that many months, but it's much wiser approach than just 6 months. Again, thank you for the tips.
Clever girl this was a really really good video. Excellent and precise info that made sense. Great job... keep up the focus and rely on God's strength in your 'down' days.
How did you decide to pay quarterly for taxes? Based on your video, it sounds like you opened 4 different accounts, how is it working for you? How did you research lawyers and accountants to help you on your journey? What mark did you reach to know and be comfortable to quit your job? I am learning as I go, please forgive my ignorance.
@scholastic01 - I use Intuit to track my business income / expenses and it tracks how much I need to pay in taxes quarterly. Having multiple accounts helps me stay organized. The lawyer I use is a personal friend but my accountant was on personal referral from someone I trust and it's worked out well. I quit my job when I reached the savings goal I mentioned AND I knew I was able to generate a baseline love of consistent income in the business. I hope this helps!
Sounds like you did it right way. I started my business hobbling, and it never really took off. I closed it some years ago and it was a good experience, although I'll definitely address entrepreneurship differently in my next attempt. For your #3, was your emergency fund your own, or joint with your spouse? It sounds separate.
Could you comment/ make a video about the conversation you had with your manager and employer once you announced your departure to begin a business? Can you provide input on the type of difficult questions they (hr) may ask as a result? My goal is to leave this October and resign four weeks prior (by giving them a one month notice)
How did you find your lawyer to help you with your LLC? Is it always necessary to get a lawyer to help with the process? Should money be set aside for one?
You can do research online and at your local chamber of commerce. You don’t necessarily need a lawyer to get started. Sba.gov is a great start if you are in the US
Start locally..City Hall, Chamber of Commerce, network groups etc. Then make sure you have something of value to offer such as a particular skill, new business or your time. Always be upfront but gentle about your intentions.
I think you should have stuck with the entrepreneur route, just something else besides the marketing part that you was doing over the internet. But best of luck to you in your career.
I used to think I was being picky about jobs but honestly most (not all) 9 to 5 jobs come with bullsh&% Especially call center jobs you're only a number to them. This has been my experience.
This is the responsible way to go about quitting a job to launching a business. Thank you for sharing!
Thanks for tuning in!
This video makes me know I’m doing the right thing as far as preparing for my business and getting to the goal of quitting my 9-5
Thank you. I currently make almost 130K with awesome benefits and retirement plan. It is scary to try to walk away. Really scary!!!
Femmafan
Don’t do it !
You’ll regret it.
Just make sure you invest for retirement. ❤️
Best realistic advice I’ve heard from someone who transitioned. Thanks so much for your valuable advice Bola!
This is great Bola! I'm a mother of 3 and my employer is capping my pay! I will use you strategy and apply it so I can live the life I want! Thank you
Kudos to you queen I stumbled upon your channel. Great material
I'm planning on quitting my full-time job and this video is a Godsend! I've learned a lot. This will benefit me a lot. Thank you so much.
Thank you! This encouraged me to use wisdom before I decide to quit my 9-5...
I stumbled on your channel. it's truly a blessing.
You are excellent at what you do. Thank you so much for this great advice. God bless you and your family always 🙏🏾
Thank you. I intend to quit my job to fully focus on the business i'm creating but your insight gave me lots of ideas. So thank you so much for sharing your experience.
These are great tips for transitioning into you own business. Clear and understandable , thanks!
yay I'm so glad!!
Thanks so much for watching!
The voice of reason. I appreciate it.
Thank you SO MUCH for this video! Most of the videos on youtube just say "I quit my 9-5 job and started a business" with no helpful information about how to feasibly and responsibly do it. I really appreciate this! Do you have any tips about how to go about finding a lawyer that could help with starting a business?
Great content; I really appreciate finding your channel.
I appreciate this excellent guide I've always searched, now I have a complete answer thanx indeed
So much great insight into successfully becoming an entrepreneur!
i am still a full time employee for 20 years and just starting now my side hustle for 2 years, in the 2nd year it is also gving me the profit but my objective to have at least 100% of my monthly salary before i quite my job
You've got this!
Wow, informative and thorough, thank you
Great content. This would be a better podcast versus a video that reads through a blog for better engagement.
I listen to Black women on these topics cuz they STRIVE and I’m here for it always!
This is great advice! Thank you so much!
This is very helpful and I will definitely check out the blog post!
Can you do a video on stocks and investing
I really do find this videos interesting and motivating. Any motivator need a motivator to inspire them to motivate others. I love to motivate people regardless of who they are. That's why i started my talkshow channel which give startups, creative minds or businesses the ability to share what they do with the public. I want to motivate so many people especially women in Africa to wake up and focus on their dreams rather than sleeping and complaining about how things are difficult. Thanks for this.
Thank you for your advice, this is truly a hidden gem of a video.
Great video! Thank you for the very insightful tips. The 12-18 months saving fund is a very good. I didn't know think of it for that many months, but it's much wiser approach than just 6 months. Again, thank you for the tips.
Thanks I needed this reference!
So glad I found this channel :) Thank you
Watching this on a Sunday evening :)
Great video!! I literally told my sister this morning that man yesterday I felt so excited and today I feel like what did I do
Clever girl this was a really really good video. Excellent and precise info that made sense. Great job... keep up the focus and rely on God's strength in your 'down' days.
I FIND MOST OF THE IDEAS AUTHENTIC NOT WHAT I HAVE SEEN ELSEWHERE KUDOS KEEP IT UP AND WELL DONE
Great video. I Needed to see this.
Wow...!! I am sooo glad I found your channel. Great advise keep it coming
Hoping to quit my 9 to 9 + weekend job by transitioning in a planned manner... :) thanks for the video!
Excellent advice....thanks
Can u do a video on how you started your CZcams channel for your business.
I actually have a blog post drafted - will add the video to my list!
Do I hear a very soft Jamaican accent from you? Thank you for the tips. Looking into this subject now.
FoolyLiving she sound Caribbean for real...maybe st.lucian
Her name makes me believe she's Nigerian from the Yoruba tribe.
I just found your channel and this is the first video I watched. It's so informative and inspirational! I'm definitely a fan. 💜
What did you do in terms of medical insurance?
fabulous content
Thank you sister i too want to quit my job and be an online entrepreneur
thanks Neil
How did you decide to pay quarterly for taxes? Based on your video, it sounds like you opened 4 different accounts, how is it working for you? How did you research lawyers and accountants to help you on your journey? What mark did you reach to know and be comfortable to quit your job? I am learning as I go, please forgive my ignorance.
@scholastic01 - I use Intuit to track my business income / expenses and it tracks how much I need to pay in taxes quarterly. Having multiple accounts helps me stay organized. The lawyer I use is a personal friend but my accountant was on personal referral from someone I trust and it's worked out well. I quit my job when I reached the savings goal I mentioned AND I knew I was able to generate a baseline love of consistent income in the business. I hope this helps!
Sounds like you did it right way. I started my business hobbling, and it never really took off. I closed it some years ago and it was a good experience, although I'll definitely address entrepreneurship differently in my next attempt. For your #3, was your emergency fund your own, or joint with your spouse? It sounds separate.
Thanks - i think it's all about careful planning. Yes my e-fund was seperate as my spouse works
how can you make Transition if they discriminated against you cuz that's what happened to me and now I'm working on my own business!
Could you comment/ make a video about the conversation you had with your manager and employer once you announced your departure to begin a business? Can you provide input on the type of difficult questions they (hr) may ask as a result? My goal is to leave this October and resign four weeks prior (by giving them a one month notice)
The Funky Spork There is nothing to discuss. When you are ready to quit, you give your notice and leave.
@@DebraJohnson this is exactly what I needed to hear...God really does speak through other people...💚
How did you find your lawyer to help you with your LLC? Is it always necessary to get a lawyer to help with the process? Should money be set aside for one?
You can do research online and at your local chamber of commerce. You don’t necessarily need a lawyer to get started. Sba.gov is a great start if you are in the US
@@Clevergirlfinance Thanks!
Great advice, how do you find mentors?
Start locally..City Hall, Chamber of Commerce, network groups etc. Then make sure you have something of value to offer such as a particular skill, new business or your time. Always be upfront but gentle about your intentions.
very helpful
I think running a buisness is a great idea but its a lot of work. I did internet marketing but it didnt work for me so Im going the college route.
I think you should have stuck with the entrepreneur route, just something else besides the marketing part that you was doing over the internet. But best of luck to you in your career.
J R Agreed. The secret to entrepreneurial success is to never quit.
I used to think I was being picky about jobs but honestly most (not all) 9 to 5 jobs come with bullsh&% Especially call center jobs you're only a number to them. This has been my experience.
This video really helped me make a decision thanks Bola.
That's awesome. Can I know the type of business. I didn't hear you talk about your employees. Are you running the business entirely alone?
🔥
Six figure income remember that guys.
hi
What is your bussiness though
You for be specific content about business
Nothing new I already know