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The Smart Entrepreneur's Exit Strategy That Actually Works
Ready to ditch that soul-sucking job without tanking your bank account? Here's the exit plan most course creators wish they'd known sooner! 🚀
Dreaming of telling your boss exactly where they can shove it sounds amazing, but the reality of transitioning from employee to entrepreneur requires more planning than most realize. After quitting my job twice (yes, twice!), I've learned exactly what it takes to make the leap successfully—without racking up debt or living on ramen noodles.
In this episode, I break down my journey from pharmaceutical sales rep to successful online business owner, sharing the behind-the-scenes reality most influencers gloss over. The path isn't always Instagram-worthy, but with the right preparation, your transition to full-time course creator can be both financially sound and incredibly fulfilling.
“I want you to know that day I walked into that coffee shop to quit my job, I was scared. I was overwhelmed. I wondered if I'm absolutely crazy leaving this steady paycheck as a mom of two.” ✨
🔥 In This Episode:
- Discover why most entrepreneurs fail in the transition from employment to business ownership (and how to avoid their mistakes)
- Create your personalized “freedom number” to accurately calculate how much runway you actually need
- Master the art of building your business while employed without burning yourself out
- Implement the six-month financial buffer strategy that protects both your business and personal finances
- Learn the critical validation steps your business needs BEFORE you hand in your resignation
Grab your favorite notebook and a cup of coffee—you'll want to take notes on this reality-check episode that could save you thousands! ☕️
💚 💚 💚
Salome
💡 Struggling to scale beyond six figures without making it a whole new job? Join The LaunchLounge 30 Days Intensive and get a proven roadmap to grow your business—without the ongoing agency fees. Apply today at thelaunchlounge.com/intensive!
⏱️ Chapter Guide:
(00:00) The Desire to Quit: A Common Struggle
(03:10) Salome's Journey: From Employee to Entrepreneur
(05:54) The Reality of Transitioning: Financial Runway and Planning
(09:14) Building a Business While Employed: Strategies for Success
(12:02) Preparing for the Leap: What to Have in Place
(14:53) Setting Clear Revenue Targets and Validating Offers
(17:51) Creating Systems and Processes for Business Efficiency
(21:11) The Importance of a Handover Plan
(23:56) Defining Your Freedom Number and Financial Health
(26:48) Overcoming Self-Doubt and Taking Action
📚 Resources Mentioned:
>> The Launch Lounge 30 Days Intensive
>> Email us at podcast@thelaunchlounge.com – Share your job-quitting journey or commitments!
>> Other episodes you might like: 246. 5 Hidden Revenue Streams That Give You More Freedom
>> Other episodes you might like: 242. Why Making Less Money Helped Me Scale Faster
>> Other episodes you might like: 238. The Friday CEO Schedule: Work Less, Achieve More
🎙️ Click Here To Listen Wherever Your Get Your Podcasts 🎙️
Rate, Review, & Follow on Apple Podcasts
“Valuable and funny! ★★★★★
I love these tangible tools Salome gives us! Finally a podcast with a full picture strategy. And she makes it fun which makes you remember what you learned even better and you can’t wait for the next episode to air. Thank you!”
Mtillie in Sweden
Please rate, review and follow the show. When you do, it helps me reach more people and help them create wildly profitable businesses that impact millions of people! You'll also unleash good carma get the best parking spots forever (ok, I made that up – but rating and reviewing can be your good deed for today).
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