Reply to if you retired early from your primary career to start your own business, curious to hear your experience

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[quote=Anonymous]PP here. Only you know your appetite for financial risk.  Before quitting, write down what type of milestones you need to see and by when.

For example, when I quit a had some financial cushion (a couple of months of savings, plus some low stress part time consulting work to help with living expenses) which included being able to pay health insurance (thanks Obamacare!) I was also fairly certain I’d be able to get right back into my previous field if I needed.  I was also in decent shape financially- no credit card debt, minimal student loan debt…

With all of those factored in , I committed to 1 year of trying this out, as well as not letting myself get below a certain threshold in my emergency savings.  I also wrote down the traction I hoped to have with my idea - working prototype, first customer in, substantial progress on a seed capital round.

Then I had an accountability partner who would call me out on any BS if I shifted the goal posts (and why) during that year.
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