When to Jump…Ship

You want to make the jump into the abyss that is your own gig, your own income—But, you’re so freaked and scared that you might be jumping in too soon, making a mistake or even worse…

Here you are: Standing at the edge of the metaphorical startup cliff. You’ve been frustrated for a long while with what you’re out there doing. You want to make the jump into the abyss that is Entrepreneur—But, you’re scared beyond scared that you might be making a mistake.

You’ve got the heebie geebies but dip your toe into some online education. Maybe even buy a few little things to see the how but when you try…nothing. Or you even tell someone about your idea about having your own gig and they say “oh that’s not going to work” and you quit.
So, what do you do? Are you asking yourself the right questions and taking responsibility for your own ideas? How do you evaluate whether this very moment is the one to take the plunge?

Every startup or side gig hustle goes through this inner turmoil, yet few know what indicators to look for. And even fewer know the time to take action. While everyone’s situation is unique in their own way, there are a few critical indicators that can help you determine if the timing is right—before making the leap.

PEOPLE ARE CONSTANTLY BUYING

The moment you start seeing even one sale and then real revenue from a consistent stream of clients, it’s time to consider a bigger commitment.

The important parts of that suggestion are:

“Real revenue.” Which suggests it’s meaningful enough to pay some bills and maybe even have more for savings.

“Consistency.” Which means the RIGHT people are investing in themselves and their future with what you offer.

In the early days, it’s hard to tell the difference between a blip and a trend in your sales numbers. You may have had some good press, or a really fortunate week in sales—but next month, you might slump hard. Which all means that you are doing a classic thing I call “quitting and hiding” once you’ve had something good occur.

The ideal move is to try to see if you can replicate at least three months in a row—or more. Engaging in your deep truest self to replicate that trend is the very essence of what it will take to keep your startup moving forward—so it becomes your right focus.

YOU’RE LOSING MONEY BY NOT BEING COMMITTED

At some point, it may become obvious that you’re actually losing money by hiding from doing what you want and getting help to get it going in the right direction at the right time. And then it feels as if not being available all the time is a loss.

You may have signed a customer contract that you’re required to fulfill, or need to develop a product feature that will increase sales. The list goes on and you could let your list consume you.

The difference, however, is whether or not you can actually be sure that your lack of commitment leads to a clear lack of income. This gets a bit fuzzy when you start making assumptions like “If I worked on this more, it might yield more income.” That may, in fact, be true, but it’s not the same as literally leaving money on the table.

If you’re leaving a meaningful amount of money on the table, it’s probably time to jump ship.

“THERE’S SO MUCH TO DO”

It’s easy to get overwhelmed and not start. It’s almost as easy to get sucked into going all in because you there’s just so much to do. The other place it’s easy to get sucked in is making a presence for yourself, products or program and never get truly started (this is hiding by the way). It’s as if you could only devote more time to working on your social media campaign / writing more perfect copy / perfecting your program (even though you’ve not released it) / looking at all the competition before you can take a step / making more calls / learning the perfect formula for a webinar etc.—Things would be moving so much faster.

All of that is true—and it will always be true—But, you can’t use that as the single indicator that it’s a good idea to go all in.

What you’re reacting to is a constant within startup mode. There will always be a mountain of tasks in front of you no matter how many resources you add. You’re just reacting to the first of many resource challenges and looking at the whole and not at the parts of your original idea.

Yep, you would definitely move the business forward faster if you were to stop quitting (most people quit when they have a full-time gig because it’s a back door). But, before you make that jump—be sure that the other indicators are clearly flashing “green in your favor”—because this one, frankly, will be forever will always be at full stop unless you find the urgency.

PROSPERITY = COMMITMENT

The best possible outcome would be for you to focus on driving real sales before making the huge leap. Sometimes, that’s just not possible. Millions of Entrepreneurs and start-ups before you have made the leap without knowing if there was a paycheck in it. I guarantee none of them were excited about the prospect of not being paid.

The decision is yours, and you’ll have to decide about the urgency. If you don’t create urgency of your own eventually your conflicted energy and mindset will ensure that urgency gets created for you. If you can hold strong and focus on building a real income-producing business before making the full-time leap— Then you’ll have one less thing to worry about when you make your transition.

This leap circumstance is one that I’ve been asked about hundreds of times. Many other advisors or coaches will say leap and go. While that may truly be good it’s actually much more traumatic on your system. Why not be great and work on yourself along the journey. Working on yourself on the entrepreneurship journey will occur whether full time or not and doing it while you have something more secure is always the path of ease.

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For more of these articles, rule breakers, energetic solutions or concepts, for more ease and grace in your life or business, connect with me at http://sheevaunmoran.com. Grab your FREE copy of the Epic Life Toolkit HERE. Remember that energy is within you…let it shine today!

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