Get All Access for $5/mo

This Co-Founder Explains How He Determined When to Quit His Day Job and Become a Full-Time Entrepreneur Entrepreneurship can be scary, but that's what makes it rewarding.

By Rose Leadem

Opinions expressed by Entrepreneur contributors are their own.

With entrepreneurship comes a lot of risk. And for Calvin Bohn, the co-founder and COO of Smalls, a company that creates cat food using human-grade ingredients, that risk meant quitting his day job to become an entrepreneur full-time with his partner Matthew Michaelson.

Related: 5 Crucial Steps for Launching a Business This Year

After talking about launching a business for some time, Bohn and Michaelson decided to take the plunge into entrepreneurship, investing all of their time and most of their money into a project that they weren't sure the future of.

"It became very clear that it was impossible to get this done on the side," says Bohn in the video. "[I] took the plunge, quit my day job and started doing this full-time with nothing more than a little bit of money in the bank to carry us for a few months."

Related: 5 Things Every Entrepreneur Should Know About Risk-Taking

As an entrepreneur, often this is one of the choices you'll face early on in business. And while it can be scary at times, it can also be tremendously rewarding. However, you'll need to be able to stomach the risk in order to take the plunge.

To learn how Bohn did so, click play to watch the video.

This video was shot at Pilotworks.

Rose Leadem is a freelance writer for Entrepreneur.com. 

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

Editor's Pick

Management

Why Business Owners Should Mix Strategy with Hands-On Involvement

Conventional wisdom says to work on the business, not in the business. That sounds like good advice, but is there more to it? Yes, and finding the balance is key to entrepreneurial success.

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

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.

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.