At what point should I make the full leap from my day job to my startup?

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Entrepreneur, Business Planner and Angel Investor
min read
Opinions expressed by Entrepreneur contributors are their own.
Wow, you've certainly pinpointed the right question. However, for better or worse, you have to answer it for yourself. There is no magic formula that they teach in business school or pass from generation to generation--it's all a matter of who you are, how much risk can you take, and how much uncertainty you can deal with.

You have to deal with your gut.

Also, consider your situation. How deeply are you in debt? How much do you and anybody else depend on your income? Do you have a strong family that can serve as a safety net? If you're young and unattached you can probably take more risk than if you're already on the edge of debt and supporting others.

If it's any consolation to you, you have a lot of company.

More from Entrepreneur

We created the SYOB course to help you get started on your entrepreneurial journey. You can now sign up for just $99, plus receive a 7-day free trial. Just use promo code SYOB99 to claim your offer.
Jumpstart Your Business. Entrepreneur Insider is your all-access pass to the skills, experts, and network you need to get your business off the ground—or take it to the next level.
Entrepreneur Store scours the web for the newest software, gadgets & web services. Explore our giveaways, bundles, "Pay What You Want" deals & more.

Latest on Entrepreneur