Serious talk: quitting your job to focus full time on your hustle, what did/does it take for you?

I was so focused and passionate about doing my own thing that it was easy for me to take the call. And since running my own startup was my passion I was able to sustain myself on a low monthly budget for a long time. Besides this, I also had support and backup from my parents who believed in my dream.

Back in 2011 when I made the jump, here's how I thought about the security piece: + Built up a side hustle while working FT (this was before I was married or had kids, would be nearly impossible now) + Was at a tipping point where I realized I couldn't grow my side hustle anymore without leaving my FT job + Got an "anchor client" that would pay me a good chunk each month. I could take this if I quit my FT job + When I did quit, I combined that anchor client plus the other clients I'd managed on weekends and weeknights... and it was less than what I was making FT. However, without my FT job, I now had the time and energy to close the gap, and I ended up doing that pretty quickly, within several months It's not easy; rooting for you!

You're spot on with those two factors, David. A certain level of financial security is necessary to give you the confidence to make the leap. But that project has to be the right one because you're going to spend a lot of time focused on making it work. It has to become the security for the next phase of your life, to get you to your next goal. That's been my experience, anyway. Best of luck!

5k month clean

Im in this position now where I have several side projects that I think could be interesting avenues to pursue but I just don't have the time or the ability to take a year off of work to go all in. I have some side hustles that make good money, but it just takes so much to replace the insurance and other benefits that a corporate job offers. So for me it would have to be a year of complete financial security for my family at minimum, probably even 2 years.

That’s for posting this discussion - going to have a good read through all the replies

First things first, to be clear, my previous, "I-went-to-school-for-this" office job was practicing law, first criminal defense and then immigration defense. My side hustle, at first at least, was betting on sports. Basically, immigration defense became a total kafkaesque joke when the government stopped following their own rules that they themselves made and interpreted. I had a lot of scattered skills but outside of writing a decent legal brief the only thing I had some serious dedication to was watching sports, especially baseball, and that included watching west coast games while living in New York and Boston for years, averaging out to 150 in the regular season. Also, almost my entire family lives in Nevada, as did the entire family of my partner, a sheer coincidence but it made the "where to next" question a lot easier. I got back to my mom's 3 days before spring training with 2 grand in the bank and a bunch of suits and 2 computers and that was pretty much it. 5 weeks later I had made 18% ROI just from spring training and enough to move out to a place that cost the same as my place in New York but did not share a wall with a subway station or have a slight grade to the floor that resulted in the slow shift of furniture. And this was before I had set up any models or use any analytics - it's no longer relevant today but when only the AL had the DH, bookies always over-valued their impact on offense when generally by the 5th inning no starters were left on the field anyway. This would be obvious to anyone who actually obsessively watched spring training games, but turns out, the bookies weren't, and gradually I found that the bookmakers really were only good at setting the spread and with the help of analytics, it's essentially passive income - and it would be entirely passive if only casinos opened up their APIs. About 5 years have passed and in conjunction with a long but generally ironic association with crypto until suddenly everyone FOMOed I'm in a position to actually give money to the public interest firms I was sending resumes to only a few years ago. Also, it turns out that math and statistics, at least as applied, is not as daunting as high school made it out to be, and without the terrible pedagogy I was able to teach myself a lot of programming and analytics mostly by looking at other people's Github. Sadly, I lost a lot of faith in all of the institutions I worked with, even though always in an adversarial capacity I used to think that I could at least make a difference and now I'll settle for leaving the world with a little dignity left. Also, because I had zero formal training in anything not related to the humanities or law since the 11th grade, I'm never fully convinced that I'm not actually totally crap at what I do now and the results are all random luck. I had imposter syndrome before as well, who knew it never goes away whether you have all the qualifications or none of the qualifications. I'm also not entirely convinced that the world didn't end when David Bowie passed and all that we experience is just what happens when the space-time continuum breaks. so tl;dr: it took the casinos becoming more trustworthy than the government to jump ship, and it took an unhealthy obsession with baseball to enable the whole thing. or blame david bowie.

This is my 3rd startup and I see patterns now... 1. Having a significant other who can support the family while the income is low. 2. Having a right partner who can do things that I can't 3. Having the idea somewhat validated