Noah Kagan Presents
From Employee to Entrepreneur: Proven Strategies
Oct 6, 2023
Explore the benefits of leveraging your day job for future business success, learn about risk management when launching your business, and discover the right timing to leave your day job and commit to entrepreneurship. Hear personal experiences and advice on quitting, getting fired, and transitioning to full-time entrepreneurship.
13:13
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Quick takeaways
- Recognize the value of your day job in planting seeds for future business success.
- Consider personal goals, financial stability, and opportunity cost when deciding when to leave your day job and fully commit to entrepreneurship.
Deep dives
Knowing when to quit your job and start your own business
The speaker shares his personal experiences of quitting or getting fired from day jobs at Intel, Facebook, and mint.com. He emphasizes the importance of recognizing the alignment between one's desire for entrepreneurship and their current job. By de-risking his entrepreneurial endeavors and taking advantage of the benefits of day jobs, he was able to explore his interests, network with interesting people, and gain valuable experience. He also discusses the decision-making process of when to quit, considering factors such as opportunity cost, financial stability, and personal goals.
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