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Think Twice Before Quitting Your Day Job to Launch a Business

Diarmaid McMenamin
7 min readAug 22, 2024

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www.building-out.com

Are you considering quitting your job to start a business? Let me guess — you’ve been scrolling through social media, reading stories about people who ditched their 9–5, followed their passion, and are now living the dream. It’s tempting, right? Walking into your boss’s office, handing in your resignation, and diving headfirst into your entrepreneurial journey sounds exhilarating. But before you make any big moves, let’s take a moment to chat about why quitting your day job might not be the best strategy, at least not right away.

The Allure of Quitting Your Job

I get it — quitting your job feels like the ultimate act of freedom. It’s a bold statement to the world that you’re ready to take control of your life and follow your passion. You might think, “If I don’t quit, how will I ever have the time and energy to build my business?” But here’s the thing: that narrative, while inspiring, is only one side of the story. In reality, many successful entrepreneurs didn’t start by quitting their jobs. They built their businesses on the side, slowly and strategically, before taking the plunge into full-time entrepreneurship.

The Financial Stability of a Day Job

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Diarmaid McMenamin
Diarmaid McMenamin

Written by Diarmaid McMenamin

Helping busy, time-poor professionals build a life of time and financial freedom by improving financial education and investing in property.

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