June 30, 2017. This day was the beginning of something very different for me and quite possibly the scariest day of my adult life. That Friday was also the MOST liberating day I've experienced thus far. I was getting to do something that I honestly didn't even think was possible when I added it to my vision board. I was leaving my full-time, RN Case Manager position that came with a good salary, an ok quarterly bonus structure, and bomb benefits for the work from home mom life. That's right. I said peace out to corporate America to live my generation's idea of the American dream - raising businesses (entrepreneurship) and raising babies (stay at home mom).
My now 1 year old son was 6 months old at the time, and being back in the office after spending 3 months home with him unpaid from my employer (because home girl does not save PTO - she love's to travel) was draining. I lacked purpose and felt like an over paid, customer service robot which was definitely not what I spent 4 years in college for. I wanted to touch people's lives daily. It's one of the reasons I became a nurse. In prior years I spent so much time at work, in state and out of state, while my oldest child was so young that I missed milestones and I told myself I'd never let it happen again. June 1st I saw the writing on the wall and knew it was time to start this new chapter. After all, I'd written it on my vision board!
2 years prior to June 30, 2017, I'd started a network marketing business. You know, the same type of business I used to call a scam. I didn't really KNOW I was starting a business though. That's the funny part. They were offering products that I wanted to use and I didn't really want to pay for. I found out there was a chance to get them free so I signed up. Crazy right?! The products ended up changing my body and the way I feel, and the income changed my family's normal. Needless to say, it wasn't a scam! I'd signed up for a business that quickly became the vehicle for everything I wanted to do in my future without needing a loan or having to get another job to do it.
Here's where my personality traits didn't let me down...when I start something and let the world know I'm doing it, there's no quitting until I reach the goal. The end. And boy am I glad they didn't because this was the business that I worked part time while still in Corporate America that paid for numerous family vacations, paid down lots of debt for us, covered my maternity leave, and allowed me to be able to be a full time mom to my children.
Now that I've been home for 6 months, a network marketing professional for 2.5 years (and still going), and getting ready to launch my newest project, I felt that it was time to finally get the thoughts, ideas, and tips out of my head and into ink. I would end this post here with more to follow, but I dare not leave you without some useful information or at least something to think about if you're a budding entrepreneur, or currently side hustling and thinking about chucking the deuces to corporate too. So here we go:
Carla's 5 things you need to know or do before you throw down your badge:
- Make sure you've lived through several seasons in your business before you make a hasty decision. There are highs and lows to everything, including our own personal work ethic and mood! You need to know exactly how it's going to feel in that low season so that if income or ideas are scarce you can still come out on the other side without digging yourself into a whole.
- STACK, STACK, STACK. This should really be number 1. We all live different lives and have different levels of comfort. Assess what that is for you and have that PLUS some put away. The rainy days (business lows) will happen. You shouldn't need a xanax when you think about how your bills are going to get paid. My home-based, network marketing business generated an entire second full-time income for me the year before I left so I paid off debt and stacked a good bit before I peaced out. I was sick and tired, but not crazy. :-)
- Know what you're going to do about your health insurance and retirement plan. There's no more corporate matching love. You're going to have to learn how to make that money flip for you without that 3-6% from your old company. Research, ask questions, and consult a professional if needed.
- Understand that entrepreneurship is more than just pretty pictures on social media. You no work, you no get paid! Your 9-5 no longer exists. This means you can't just trade your time on the clock for money anymore. You have to actually go get it. You will do lots of work and not get paid. Then there will be times where you do little to nothing and get a check. Be prepared for both.
- There's nothing wrong with going back. It's all about your mindset. Those corporate jobs create networks, teach you skills you can use in your business, and plethora of other amazing things. You should not consider it a fail because you needed that health insurance or those extra coins to get over the hump. That's an extra stream honey and the millionaires I've read about have several.
I can't wait to share more with you here. Let me know what you think and subscribe to stay in the loop because I've got stories to tell and lots of things I can't wait to share with you!
XO, The Unintentional Housewife