Off-farm Income

OFI 980: The Transition From Your Career To Your Own Business | Replay with Ray Miller | Rocking RM Microbe Solutions

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Sinopsis

SHOW NOTES KEY IDEAS:  However you decided to get into business for yourself there is one constant; you must make the leap from your full time job to your new business when the time is correct.  For most of this audience is especially true because so many of us have a lot at risk.  If you are in your mid to late 20's without a 401K, a family, a house, etc. then making a big leap is a lot less risky.  But for the rest of us we really need to mitigate this risk. Our guest today, Ray Miller, does not take this lightly.  Even as his microbe business grows and spreads across the nation, he continues with his previous career on a less frequent note.  He does not want to let his license expire, thus burning that bridge to an income if he were ever to need it.  So, he is content taking it slow and making the leap when the timing is right. I normally follow Dan Miller's lead and suggest making the leap when your new enterprise is producing 50% of your full-time income as a side hustle.  However, if you have the abil