Katie McManus walks through the financial reality of going full time with a side hustle. Save your side-hustle income to build runway before you quit. Avoid spending every raise on new services or hires, and treat courses and coaching as secondary to having money in the bank.
Chapters
If you really struggle with risk and risk just does not feel good to you and it adds unnecessary pressure that doesn't make you more productive, then you want to be making more per month in your side hustle, and that'll make you feel more secure in leaving your 9 to 5. As you're building your side hustle and as you're kind of plotting your escape from corporate life, every single dollar or euro or pound, whatever currency you're working in that you can save, I would save if I were you. It's really tempting as you make more money to be like, cool, I have more money. I'm going to go and spend it. I'm going to go invest in this, and I'm going to invest in this, and I'm going to invest in this. Sure, there are investments that are going to help you make more money in your business. For instance, investing in a training course that's going to show you how to do it, or working with a coach, or maybe hiring a copywriter. But that's not to say that you need to go and hire all these things. As much money as you can save, I want you to save, because that is going to be your nest egg, your Runway for when you go full time.