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Preparing to Quit Your Day Job to Work From Home

Updated on April 24, 2013

You want to be your Own Boss

You hate your job. You’re going to quit your job and work from home. No more people to answer to. No boss to answer to other than yourself. You want to be your own boss. No more nasty colleagues you can’t get along with.

No more having to be afraid of asking for special permission for some time off to go and support your children at their school academic functions, school cultural functions, or school sports functions. No more having to wonder if your child is really sick enough or hurt enough to be taken to the doctor after you beg your boss to give you the time off.

No more working like crazy and doing excellent work for no reward or recognition. When you quit your day job to work from home you’re always going to be rewarded for excellent work in the form of increased earnings. because you know that the harder you work, the more you will earn.

Not so fast.

Do not be fooled into thinking that preparing to quit your day job to work from home takes just 5 minutes. Of course it’s the dream of everyone who is stuck in a lousy job to simply walk up to their boss to say “I quit” and then walk out, but you’ll be making a huge mistake if you are not first fully prepared.

Working From Home on Your Computer

Working from home is fun, even when your puppy wants to get in the way of your work!
Working from home is fun, even when your puppy wants to get in the way of your work! | Source

Questions you should be asking yourself

(and answering) if you are preparing to quit your day job to work from home:

  • What if my work from home idea doesn’t work out? Do I have a list of other work from home ideas to consider trying out?
  • Have I really done enough research and analysis of the pros and cons related to what I want to do from home?
  • Have I done competitor analysis and target market research? What do the results show me? Does my idea have a good chance of making me an adequate income?
  • How much will it cost to offer the services I plan to offer? How much will it cost to buy or make the products I plan to sell?
  • How much will I charge for my services or products? Is it worth it? Will I have enough time to create the necessary amounts of items I wish to sell each month, as well as spend time marketing what it is I do?
  • Do I have enough money saved up to cover basic monthly living expenses and accounts if it takes a while for my work from home business to generate enough income? Will my work from home business start generating enough income before my savings run out? If I can’t earn enough money quickly enough, do I really have enough savings to tide me over until I do earn more, or do I at least have a plan B?
  • Especially while my work from home business is just starting out, or still growing, how hard am I prepared to work? Will I miss having evenings and weekends off?
  • How will I advertise my work from home business? How long will it take to get enough exposure using free advertising methods? How much money will I have to spend to use quick but expensive advertising methods?
  • Will my service clients or product buyers understand when there are delays in production or in my availability due to unforeseen emergency or family circumstances?
  • Will I be able to earn enough to still enjoy the little luxuries I usually enjoy?
  • Can I be nice to all my service clients and product buyers even when they’re not nice to me?
  • How much do I need to be earning before I need to register my business or myself for paying taxes?
  • How will I operate my business – as a CC or as an independent contractor?
  • If I’m already working from home in my spare time, have I done the maths to calculate whether or not working from home fulltime will earn me enough?
  • Have I been nice to my boss and colleagues in case I need to ask for my job back, or get a good reference?

How many of you have you quit your job to work from home?

Have you quit your job to work from home?

See results

Getting Started

People who want to quit their jobs are usually very unhappy in their jobs, and even often really depressed. Being depressed can prevent people from thinking clearly or doing anything about their predicament.

When you get home from your lousy job today or tomorrow, go take a walk, even in your own garden or just around the block. Start thinking about taking some notes and formulating a plan.

Start a work from home idea in your spare time, and if you’re pretty sure you could eventually work from home fulltime, you can feel much happier about starting to prepare to quit you day job.

Also, don’t quit your day job for the wrong reasons. A simple discussion with your boss may sort out the problems you’re having. You’re unhappy and hate being unhappy. Take the steps to sort it out. Just start. Just take one step at a time.


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    • penlady profile image

      penlady 5 years ago from Sacramento, CA

      Excellent advice for anyone considering quitting their job, and that's a lot of people these days. Yes, so many people are fed up with their jobs and ready to become their own bosses. Your hub is excellent in guiding them through the process.

    • Teresa Schultz profile image

      Teresa Schultz 5 years ago from East London, in South Africa

      @ plogan721 - good to hear you asked yourself these same questions - I had no job and needed an income so started to work from home, so I sort of experienced many of these questions as I went along.

    • plogan721 profile image

      Patricia Logan 5 years ago from Columbus, Ohio

      thank you for the hub. I found myself asking these same questions when I started my business.

    • Teresa Schultz profile image

      Teresa Schultz 5 years ago from East London, in South Africa

      @ Barbara - thanks - yes, I struggle to find the time to write here as much as I would like to - even while adding new hubs here I'm stressed because I need to get on with other work that is currently earning me more. I do hope you find that good work from home idea - to me the best kind of work from home idea is doing something online, and the best kind of income is passive income - but it's a really tough route getting to the point where one is happy enough with the passive income earnings to be able to sit back and relax a bit. Patience, time and effort rewards all though!

    • Barbara Kay profile image

      Barbara Badder 5 years ago from USA

      Teresa, It's good to see you writing here again. This was a good article. Now I just need to come up with a good work at home idea that pays enough. Thanks.

    • Teresa Schultz profile image

      Teresa Schultz 5 years ago from East London, in South Africa

      @ greatstuff - thanks, and yes, people certainly don't always think straight when they're depressed. Quitting their day job may be the most amazing feeling , but when they run out of money perhaps just a few days later, their depression may be worse than ever!

    • greatstuff profile image

      Mazlan 5 years ago from Malaysia

      Good advice with good checklist. Most people do the wrong things when feeling depressed and you are right about asking them to take one step at a time. Vote up and Shared

    • Teresa Schultz profile image

      Teresa Schultz 5 years ago from East London, in South Africa

      @Boefie - thanks, and welcome to HubPages!

    • Boefie profile image

      Boefie 5 years ago from Germany

      This is great, quality information. The questions to ask yourself before attempting working at home are really helpful and realistic