Essentially - have a few years worth of salary available in hand so you can live off your savings when you've quit, and till your income starts rolling in. Also - have a pipeline of customers that you are sure will call on you to consult for them. "I can consult" isn't going to work without that.
You're essentially going to be your own marketer, accountant etc etc - and setting up as a LLC will help you, so nobody lifts your personal assets if your business ends up having to wind up. Rajesh Mehar [22/09/14 15:26 +0530]:
Hi Sandhya, What a beautiful place to be in! *First reaction to your email:* I once did this way before I was ready and did it wrong. The key is to have something(s) to do once you quit. You should be able to schedule days the way the normal corporate workday automatically does for us. However, the continuity of a self-driven life seems to be far more of a mirage than the corporate life. I mean that because corporate life seems to have a certain rhythm daily, weekly, monthly, and yearly, I made the mistake of assuming that achieving that rhythm when I would switch to a self-driven lifestyle would be easy. If you have an idea of what plan A is going to be, what plan B is going to be if plan A stalls, and what plans C, D, and E are but you don't have time for them right now, then you might have a good chance of achieving this continuity/rhythm and not feeling stuck and slow. In a nutshell, if/when I do this again, I would set myself a deadline that if I spent x days doing things not aligned to A, B, C, D, or E, I would quietly go back to playing the game I left. All the best! --Rajesh
