Quitting Your Job To Focus on Your Side Gig? 7 Things To Know First
From Yahoo Finance: 2025-04-21 11:03:00
41% of workers have considered leaving their jobs for a side hustle, with 31% actually considering quitting. 57% say their side gig must make at least 75% of their current salary before leaving. Experts recommend testing the side hustle, understanding hidden costs, and building savings before making the leap.
Having systems in place, clear customer journey, and a business banking account are crucial for a successful side gig. Diversify income streams, have a vision, and build a foundation before quitting your job. Surround yourself with like-minded individuals for support and guidance in the self-employment journey.
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