Before You Quit Your Day Job Get Your Financial House in Order

Get your financial house in order! Yesterday I gave you some insight into why you should keep your day job. I told you to not be lured by the sexiness of quitting. Now I will give you ten steps to make your transition from your day job to your home business.

This is not gambling with your family’s savings and hoping to win the lottery with your home business. This is an intentional plan that takes action. It’s not sexy, it’s not a thrill ride, and your success story will be the story of a home business owner who succeeded.

Steps 1–5 deal with you getting your financial house in order. Quitting without being financially secure is not smart. You know the countless horror stories of failed entrepreneurs. Before you make that prison break make sure you can survive the pitfalls that will occur.

Five Steps to Get Your Financial House in Order

Step One: Keep Your Day Job

Your job is your best source of creating wealth. I don’t care if your job sucks, your boss is mean, or you hate the commute. Your job pays your bills and provides food, shelter, clothing, and transportation. Your job is the income source that will fund your business. It will pay for marketing, training, products, and services.

You can build your emergency fund, pay all your debts, and be ready when Mr. Murphy knocks on your door (Murphy’s Law anything that can go wrong…