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Should I Quit My Business? (alien.top)

submitted 2 years ago by Vast-Park-4101@alien.top to c/entrepreneur@indiehackers.space

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I’m a 29M. 2.5 years ago I quit my job to go full time in my online coaching business. I’ve had some ups and downs, but this entire year has been down.

The most I’ve ever made in a month was just over 6k

But lately it’s been hard for me to get over 2k per month

I barely have enough money to do the basic things and would like to hire some help but literally can’t afford it right now

Should I close the business down? Or get a job and do the business on the side?

Haven’t had a “job” in 2.5 years so I don’t imagine it will be easy to get, but I’m broke and open to anything

Any ideas?

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[–] AdFuture8085@alien.top 1 points 2 years ago

If your online coaching business still shows potential, consider keeping it as a side hustle while you look for a job. This way, you can have a steady income and still work on your business. If the business is consistently underperforming with little hope for improvement, it might be better to close it. Getting a job after 2.5 years away might be challenging, but your entrepreneurial skills are valuable. Highlight these skills in job applications and use your network to find opportunities. I highly encourage you to give this article a read. Best of luck! https://www.cuppa.so/post/on-a-financial-perspective-handling-entrepreneurial-leap