Should I leave my corporate job to start my own business ?
I want to start my own business which is into career coaching for Working professionals but i am confused if this will work for me or not.
I have around 9 lacs of capital which i can utilise for this new business with my burn at 52k INR per month, I can survive for 16 months with this capital.
If it doesn't work out, I will get back to take a job. Is this the right approach, do you have any advice for me? I am currently at 33 LPA at my job, but I don't feel like i am happy at all doing what i am doing and want to quit for my own thing?
What should I do?
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What an Irony, A career coach is looking for advice about his career on this platform 😅.
On a serious note, you can start a business also with your job (if possible). And leave the job once your business is stable and you are earning Enough from it.
In case you cannot start a business keeping your job then make sure you have enough balance in your account to keep you going for atleast 6 months without a job.
Yes sometimes a career coach also needs to figure out his finances before jumping in, being a career coach does not always pay your bills. There is no irony there! Thanks a lot for your advice though, appreciate it