When is the right time financially to go full time? Equal with the work salary, 1.5 the salary, etc.....
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At what point do you consider going full time?
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One inportant factor:
One huge factor for many, including myself, is health insurance. While I work full time, I maintain my family's health, dental, and life insurance coverage.
Should I quit my job, I would have to replace that at a very high cost. If you have a wife who works and can provide those benefits through her job, that is possibly the best scenerio for transitioning to a full-time LCO.
Mort
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If you feel you can support your family on the business, have the market to continue to grow and have the market to be around for the long haul, then I say go for it.
In reality, only YOU have the answer to this question. What kind of lifestyle can your business support? Can you live comfortably within that lifestyle? and the most important is this: Can my market sustain the growth so that my company and I can reach our own financial goals?
Good Luck!
Jeeps are like women.....much more fun with their TOPS OFF!
A society that rewards based on need creates needy citizens. A society that rewards based on ability creates able ones.
Do you guys think Obama is going to kiss us after he is done with us or is he going to put on his belt and head out the door?
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