Ndubuisi 'Andy' Egwim warns that new businesses typically take three to five years to generate reliable income, so quitting your job too soon is risky. He speaks from experience: working nights in an industrial unit while keeping minimal paid hours left his family eating simple meals and disrupted their routines.
Chapters
This is again something I talk very much to my clients about. If you are in, if you are working and you're wanting to start a business, don't jump ship too soon because it takes a while for your money to come reliably through your business. And I think most entrepreneurs would say, you know, it takes a good three to five years for a reliable income to come in. So don't leave. The day job, which I didn't do. I had two days a week working but it was more the kids, it was actually more putting tea on the table at six o' clock evening because I had to do all this in the evening. It was crazy. It was crazy and obviously it had to be wiped down. Industrial unit, dog out, no kids. We basically ate baked beans and pasta on the stove because I couldn't use the oven for anything that wasn't granola. So it wasn't, it wasn't great and it really didn't fit with children.