How to Escape the Rat Race
Even if you don't make huge amounts of money then you can escape the rat race, a lot of people can make money form the talents if they really focus. There are ways to slow down and enjoy life and living. Firstly, you can become your own boss, if you have a great idea/talent and the motivation, you can make money out of it, you just have to find the right avenues. A huge tip would be to gain as much advice as you can, there are a huge amount of websites and networking groups offering advice to start up companies/freelancers. Also, get a marketing plan in place, often freelance marketing assistants can provide great rates for a plan that can set your business off on the right steps. It is important to target the right people, with the right messages, at the right time, and a marketing assistant can do all this for you.
Having a solid business plan in place is also key. This provides focus for your business and can also be a great way to monitoring how well you are doing and what you need to do in order to achieve certain goals. A good business plan needs to prove the great idea in your head is viable in reality and be detailed on paper. Essentially, that means laying out how it will make money. You'll need to be accurate as you may have to show the plan to the bank. You'll need to estimate your start-up costs, when you'll break even, growth and cash-flow.
But, are you really ready to become your own boss? It can only work if you are.
Its not best to give in that resignation until you're completely sure that you want to start your own company and leave. A lot of research and planning needs to be carried out to ensure you are making the right decision. You're monthly salary will be less at first and there may be a lot of outgoings, but the quality of your life could be better. Also, try not to get side tracked by these quick money making schemes... they don't work and you could end up losing a lot of money. Never invest in anything until you have had it checked out by a professional financial adviser.
Continuing to earn while you're planning the business will allow you to save up some cash to act as a buffer. That way you'll be able to focus your attention on the business rather than worrying about next month's bills. Think about if there are any items that you could sell to help raise some more money to keep you going. This can also act as a practice to business practice and communicating with customers. You also have to think about where you will work, do you have enough room at home or will you have to hire somewhere?
But enjoy it, it's not all that stressful and the benefits far outweigh any disadvantages or hard times,
