49 Y.o. Parent, Own A Brand With $200,000 In Sales Last Year - How Do I Make The Leap Of Leaving My Day Job?
I guess I’m looking for moral support and advice.
I’m 49 years old and I believe I am exceptionally good with turning ideas into money, but I can’t seem to get over the hump to do it full time. I created a product brand that hit $200,000 in sales last year and I suspect I can beat that this year. But my margins are too thin to turn this into a full time career yet.
I make $100,000 a year plus health benefits at my day job, which I’ve been doing now for 19 years. I hate it. But I have 3 kids (single parent) and a mortgage. I can’t just walk away from that income without a sure thing.
I also have two residential rental properties I purchased last year, getting back into a business I’m familiar with from past experience.
So I’ve got multiple revenue streams and I feel if I could dedicate my entire work day to my side business and properties, I could really accelerate things.
How did you turn the corner from part time entrepreneurship to full time career without risking everything?
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