Signs it's time to call BS on your five year plan! episode artwork

EPISODE · May 17, 2024 · 27 MIN

Signs it's time to call BS on your five year plan!

from Podknows Business Network

Ever feel like your brain is lying to you about your future possibilities and capabilities? Well, maybe it's time to call BS on that five-year plan and consider taking your side hustle full time! And I'm actually sharing the five key signs that it's time to transform your side hustle into a thriving full-time business.Hey, I'm Katie McManus, business strategist and money mindset coach, and this is my podcast "The Weeniecast!" Pssssst! Throughout May I'm running a one-month challenge to ramp up your social media client-attraction results. Don't miss out! Book in here - https://weeniecast.com/challengeNow, back to the episode!Throughout this episode, we'll cover real-life examples, financial benchmarks, and essential mindsets that will help you make that big leap.For instance, did you know that if you're making between 50% to 70% of your full-time job salary through your side hustle, it might be a sign you're ready to go full time? I'll also share stories about my clients like Lauren Lefkowitz, who initially planned for a five-year transition but found herself leaving her full-time job in just five months. Your brain might be lying to you about how long things take, but by recognizing the right signals, you can make better, faster decisions.Once you've listened to this episode, you'll be better at recognizing the financial and emotional readiness required to switch from a side hustle to a full-time endeavor. You'll also become adept at assessing your risk tolerance, ensuring you have a nest egg for those tight months, and knowing when you’ve crossed that line of "I'm done" with your 9-to-5 J-O-B. All these insights will empower you to make well-informed, confident decisions about your business's future.Timestamped summary00:00 Benefits, vacation, side hustle, freedom, passion, signs.04:24 Transition your side hustle into full-time job.09:20 Maintain job while starting business for success.12:33 Clients chose full-time passion-based work over security.16:26 Consider sales volume, closing rate, and timing.18:24 Archetypes don't affect basic financial needs.22:58 ADHD struggles with one-size-fits-all.If you're struggling to figure out if you should take the plunge and make your side hustle your main gig, this episode is your guide. Click in, take notes, and when you're ready, book a Generate-Income Strategy Call with me.(In case you're reading this in an app that strips links - here it is: https://weeniecast.com/strategycall)I can't wait to help you launch into new heights.Your next steps after listening Realizing it's time to work with me? Book your free initial strategy call with me - weeniecast.com/strategycallGet more support in your ADHD entrepreneur life by joining my hyperfocus community! - https://weeniecast.com/hyperfocusWanna get this content earlier, and totally unbleeped? Subscribe to the Apple Podcasts premium version of this show - https://weeniecast.com/winnersWant to just buy me a coffee in return for some helpful insight? Thank you! Here's where you can do that - https://www.buymeacoffee.com/katiethecoachMentioned in this episode:We'd love it if you'd give us a reviewReview usJoin the Hyperfocused CommunityKatie follow message

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Signs it's time to call BS on your five year plan!

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This episode is 27 minutes long.

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This episode was published on May 17, 2024.

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Ever feel like your brain is lying to you about your future possibilities and capabilities? Well, maybe it's time to call BS on that five-year plan and consider taking your side hustle full time! And I'm actually sharing the five key signs that it's...

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