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TES 093 - How to Go from Job to Entrepreneur

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Synopsis

In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, answers a question about whether it is time to quit your job and go from job to entrepreneur. As risk mitigators, entrepreneurs must weigh the risks before moving forward. If you do not get it right, you are living a dual life, there is no joy in earning, and you find yourself in no or low cash flow. If you get it right, you feel like you are in flow, you are monetizing your passion, and you find freedom and cash flow. The 3 key principles you should understand: Committed vs reckless. There’s a difference between being committed and being reckless. Plan and test. Put strategies in place and get feedback. Set your scale threshold. Not everyone has the same transition point. The Entrepreneur Transition Formula Preparation: It is about your thinking. Clarify what you are passionate about but passion itself isn’t enough. You must create value in other people’s lives with your passion. Also, interview th