Making the leap from corporate to self employed
In this episode, Catherine shares her journey of transitioning from a secure full-time job to running three successful businesses. She provides insights and tips on how to make the leap from corporate to self-employed. Catherine emphasizes the importance of exposing oneself to successful self-employed individuals and surrounding oneself with supportive communities. She also highlights the need for financial stability and multiple income streams during the transition. Catherine encourages reframing the current job, setting clear outcomes and timeframes, and staying connected to one's purpose and vision. Takeaways: Expose yourself to successful self-employed individuals and engage with their content to gain motivation and inspiration. Create a financial cushion or have multiple income streams to provide stability during the transition to self-employment. Focus on basic legalities and business setup, such as purchasing domains, creating contracts, and setting up email marketing systems. Stay connected to your purpose and vision, and set clear outcomes and timeframes to stay motivated and focused. Surround yourself with supportive communities and seek mentorship and guidance to fast-track your journey. Chapters: 00:00 Introduction: Making the Leap from Corporate to Self-Employed 01:03 Challenges of Transitioning to Self-Employment 04:25 Reaching the Tipping Point 05:23 Personal Challenges and Motivation for Transition 06:17 Struggles as a Working Mother 07:43 Transitioning to Self-Employment 08:39 Financial Stability and Multiple Income Streams 10:08 Building a Coaching Practice 13:26 Importance of Retreats and Masterminds 16:24 Launching a Membership and Scaling the Business 19:30 Motivation and Opportunity Cost 21:53 Creating a Financial Cushion 23:21 Legalities and Basic Business Setup 26:12 Purpose and Vision 27:11 Setting Clear Outcomes and Timeframes 29:17 Conclusion and Call to Action Resources: Get my FREE book ‘It’s Not About The Money’ Take the Money StoryTypes® Quiz Join Catherine’s FREE Facebook Group ‘Wealthy Woman Community’ Catherine’s YouTube Channel Connect with Catherine on Instagram Connect with Catherine on Facebook Leave your thoughts on our podcast episodes here Details for The Enrichment Method™ can be found here Book recommendation: Key person of influence Daniel Priestley Click here for information on the Wealth Awakening Retreat