📺 Stream EntrepreneurTV for Free 📺

How to Know When Your Side Hustle Could Be Your Full-Time Career Before quitting your job, ask yourself a few key questions about the state of your passion project.

By Jeff Rose

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Like many entrepreneurs contemplating venturing out with their own business idea, Jeff Rose, an Entrepreneur Network partner, was unsure how to begin. Eventually, he created his own financial blog, dedicating his resources to it and began hiring people to run it. In time, Rose found himself considering when he could leave his job for his side hustle. Rose describes investing loads of sweat equity into his business before he was confortable quitting his job.

Therefore, before you are able to make a full-time gig out of your side project, you will most certainly have invest your own resources, such as time and money. So, before striking out on your own, take into consideration the sacrifices you will likely have to make, and keep your larger goal in mind.

Click the video to hear more.

Related: Here's How to Retire With Solid Savings in the Bank

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Roku, Apple TV and the Entrepreneur App available on iOS and Android devices.

Jeff Rose

Certified Financial Planner, Author and Blogger

Jeff Rose is an entrepreneur disguised as a certified financial planner, author and blogger.  He's best know for his blog GoodFinancialCents.com and book, Soldier of Finance: Take Charge of Your Money and Invest in Your Future.  He's also the editor of LifeInsurancebyJeff.com. He escaped a path of financial destruction from dropping out of college with over $20,000 of credit card debt to become a self-made millionaire. His mission is help future generations achieve financial freedom by developing strong money habits and unleashing their entrepreneurial spirit.   

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

More from Jeff Rose

This Certified Financial Planner Explains How to Invest $10,000

How I'm Picking the Best Stocks Right Now

Michael Jordan's Top 7 Rules for Success

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.