Making the leap from corporate to self employed

In this episode, Catherine shares her journey of transitioning from a secure full-time job to running three successful businesses. She provides insights and tips on how to make the leap from corporate to self-employed. Catherine emphasizes the importance of exposing oneself to successful self-employed individuals and surrounding oneself with supportive communities. She also highlights the need for financial stability and multiple income streams during the transition. Catherine encourages reframing the current job, setting clear outcomes and timeframes, and staying connected to one's purpose and vision.

Takeaways:

Expose yourself to successful self-employed individuals and engage with their content to gain motivation and inspiration.

Create a financial cushion or have multiple income streams to provide stability during the transition to self-employment.

Focus on basic legalities and business setup, such as purchasing domains, creating contracts, and setting up email marketing systems.

Stay connected to your purpose and vision, and set clear outcomes and timeframes to stay motivated and focused.

Surround yourself with supportive communities and seek mentorship and guidance to fast-track your journey.

Chapters:

00:00 Introduction: Making the Leap from Corporate to Self-Employed
01:03 Challenges of Transitioning to Self-Employment
04:25 Reaching the Tipping Point
05:23 Personal Challenges and Motivation for Transition
06:17 Struggles as a Working Mother
07:43 Transitioning to Self-Employment
08:39 Financial Stability and Multiple Income Streams
10:08 Building a Coaching Practice
13:26 Importance of Retreats and Masterminds
16:24 Launching a Membership and Scaling the Business
19:30 Motivation and Opportunity Cost
21:53 Creating a Financial Cushion
23:21 Legalities and Basic Business Setup
26:12 Purpose and Vision
27:11 Setting Clear Outcomes and Timeframes
29:17 Conclusion and Call to Action

Resources:

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Book recommendation: Key person of influence Daniel Priestley

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