Before You Quit Your Job-Five Factors to Consider

Want to stop working for The Wo[Man]?

Ready to strike out on your own? Push coming to Shove?

Going on sabbatical?

What are the five most important financial factors? Answers will vary, however these five are important. A conversation at my coworking space prompted this post. Another member told me of their wish to leave their day job and I began to ruminate.

As Ben Franklin might have said, the first three questions are: [are you]

1. healthy,
2. wealthy,
3. and wise (human capital)?

Two factors added from the intangibles column makes five.

4. Go towards the next destination, instead of “getting out of Dodge in a hurry.”

5. Use a road map, instead of wandering aimlessly on the side of the road, trying to hitch a ride. As Lewis Carroll wrote and George Harrison sang,

“If you don’t know where you are going, any road will get you there.”

One by one, here’s how to assess your readiness to move forward. A worksheet that I like to use with my clients can get you started on the big picture.

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