Ep. 28 - So You Want to Quit Your Job?
So You Want To Quit Your Job
Quitting a 9-5 job to become a full-time creative CEO is a dream for many photographers, but it requires careful and strategic planning. Going full-time into entrepreneurship is a significant move, and understanding your numbers is essential to ensure your business can sustain itself. Make sure to track your expenses, income, and profitability, and create a solid sales plan that allows you to outline your target market, marketing strategies, and revenue goals to guide your efforts and keep you focused. Additionally, preparing financially with adequate savings can provide a safety net during the transition, helping you weather any initial uncertainties and build a stable foundation for your new venture.
In this episode, Rhea shares invaluable strategies for creatives considering quitting their 9-5 jobs to be full-time creative CEOs. Drawing from her experience of going full-time after being fired twice, Rhea provides invaluable insights to help you support your business ambitions. With practical tips on how and when to make the leap, this episode is a must-listen if you want to make this significant career shift.
What You Will Learn:
- [00:01] Intro and what’s in for you in this episode
- [02:37] A 9-5 job vs. creative photography business
- [03:19] What to consider before quitting a full-time job
- [03:38] Know your numbers and growth potential
- [05:07] Create a plan for your sales
- [08:25] How Rhea went full-time in 2015 after getting fired twice
- [10:26] How to increase your leads and conversion
- [12:14] Why you need an adequate amount of saving
- [15:05] Wrap up and end of the show
Standout Quotes:
- “If you want to go full-time, you have to have a real plan for your sales.”- Rhea [05:01]
- “When you’re full-time, your business is funding not only the operations but also your personal expenses.”- Rhea [06:04]
- “If you have so much demand, leads or interested people, but you don’t have enough time, or you are not making the money you want to make, that is a clear indicator to increase your prices.” - Rhea [06:38]
- “There is so much power in allowing your 9-5 to be a leverage for your business.”- Rhea [11:05]
- “Your cashflow as a business owner is different, and having adequate savings that can carry you for 6 months is so smart.”- Rhea [13:31]
Stay Connected
Learn more about me here: https://rheawhitney.com/
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