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I am working full time but considering leaving to start my own business

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Comments

  • If you think you are stressed by answering the phone in your current job, what will you be like when the phone isn't ringing and you are wondering how you are going to pay your rent next week ?

    Working for yourself is great when things are going well, but if the road gets bumpy, it can be pretty uncomfortable.

    Also the things you have suggested can all be done at home cheaply nowadays can't they ? There is obviously a market for the high end but it's unlikely you would be able to jump straight in to that.

    Can you not try to start your business part time while you still have definite income ? Better to work evenings and weekends for a few months to see if you can make it work.

    Not trying to be negative, just trying to help:)
  • Skinnylatte
    Skinnylatte Posts: 1,244 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud! Home Insurance Hacker!
    I left a good job to set up my own business selling sliding wardrobe doors. It was great for a while, I sold online and had a showroom, but then I went though a very lean period and ended up owing a lot of money, and didn't have enough to live on. I had to go back to full time employed work, but I kept the internet side of the business on part time, which I still run evenings and weekends.
    If I can offer any advice, is make sure your part time income covers everything you need to pay out, and have enough money behind you so that if you're business goes through a lean patch you will survive.
    It can be a tough and lonely road, consider the cons as carefully as you do the pros.
    Good luck in what ever you decide.
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  • Savvy_Sue
    Savvy_Sue Posts: 47,888 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'm not saying you shouldn't give up the day job, but I'd definitely work at making it more manageable and fulfilling. I'm the person who answers the phone when the person who usually answers the phone isn't there, and yes I'm trying to do other jobs at the same time. BUT my manager supports both me and the person I cover for, so if we need time away from the phones to do something then we tell our colleagues we won't be there for a bit, and they have to answer themselves or pick messages up later.
    Signature removed for peace of mind
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