August 14, 2025 • 17 mins
Thinking about leaving your six-figure corporate job to start a business, become a speaker, or launch a consulting practice? Before you hand in that resignation, there are a few things I really wish someone had told me.
In Part 1 of this two-part series, I’m sharing the first 5 of 10 lessons I learned when I made my own bold leap out of corporate. These truths will save you time, mental energy, and heartache — and help you feel more prepared and empowered in your career transition.
Whether you're in corporate leadership, burned out in your role, or simply craving more purpose, this episode is packed with honest insights from my personal experience and work with clients just like you.
Here’s what you’ll learn:
✨ Why YOU are the secret sauce (and always have been)
✨ How to confidently handle the “health insurance” question
✨ What really happens to your corporate relationships
✨ Why money is the trap keeping you stuck
✨ And the truth about replacing your corporate income
You don’t need all the answers to take the next step — but you do need the truth about what to expect so you can build your exit strategy with clarity and confidence.
🎧 Listen now and stay tuned for Part 2 next week!
If you're looking for additional support through coaching, visit my website to learn more about working together and my signature program EDIT Your Life™: www.karinfreeland.com/life-coaching
Then book a call here!
Not ready for coaching? Get a copy of my self-help book: Grab Life by the Dreams!
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Karin Freeland (00:00):
Welcome to Rock Your Reinvention, where I help
high-achieving career women likeyou get unstuck, make your
corporate exit strategy, andsuccessfully transition to your
next chapter.
Hi, I'm your host, KarinFreeland, a certified life coach
and corporate exit strategist.
Whether you want to start abusiness, become a speaker, or
something else, I'm here to giveyou the tools and strategies to
(00:23):
shift your mindset, build yourconfidence, and take bold
actions so you can rock yourreinvention.
Ready?
Let's go.
Welcome back to Rock YourReinvention.
There's no denying thatdeciding to leave your job is
one of the biggest andpotentially hardest decisions
(00:44):
you'll make.
And as you saw, if you listenedto episode 94, where I shared
some never before heard journalexcerpts from my own personal
journal, I agonized over leavingfor years.
And I don't want you to getstuck in the spiral of, should I
leave?
Shouldn't I leave?
When should I leave?
(01:04):
Why shouldn't I leave for toolong?
Yes, it's important to plan andthink this decision through, of
course, but we don't need thisto take months or years either.
There's a balance that we needto strike.
So I thought it would be fun todo a two-part series where I
will share the top 10 things Iwish I knew before leaving my
(01:25):
six-figure corporate job.
in hopes that this will helpyou make the pivot faster and
with more confidence.
Today, I'm gonna start bysharing the first five things,
and then in next week episode, Iwill share the other five
things to help get us to the 10things you need to know before
you make your exit.
Let's dive in.
(01:46):
The first thing I wish I knewbefore I left corporate was this
is, and this is probably themost important thing that you
need to know is you are capableof achieving your goals.
Whatever it is that you wannado, start a business, write a
book, create a podcast, speak onstages, it doesn't matter.
(02:08):
You have everything you needinside of you to be successful.
You're resourceful, you canfigure out hard things, you can
overcome big challenges, really.
I had one client who had madethe company that employed her
millions of dollars.
Yes, millions.
And yet she was second guessingherself.
(02:31):
I don't know if I can do this.
Remember, you have beensuccessful in your job.
You've made shareholders rich.
Others have bet on you andbelieved in you.
That's why they kept promotingyou.
Why wouldn't you be able to dothis for yourself too?
There's absolutely no reason.
You will be successful.
(02:53):
You are the magic sauce.
You are the secret weapon.
You need to know that andremember that when you leave.
Don't believe me?
Start making a list of all yourskills.
And if you get stuck, you canask some friends or trusted
peers to help you out.
This will be important to comeback to time and time again when
(03:16):
you need a confidence boost.
So write down all your talents,your skills, the things that
make you you and make youcapable.
You want to have this listsomewhere convenient.
The second thing I wish I knewwas you will figure out
insurance.
This is one of the biggestreasons women stay in an
(03:37):
unfulfilling corporate gig,right?
They feel they need the companyto pay for their benefits and
their insurance.
Now, Barring you don't havesome crazy debilitating disease,
which I've personally never hada client in this situation, you
can absolutely figure out andpay for health insurance for you
(03:59):
and your family members.
We are personally a family offour, and we were able to find
an affordable plan on the openmarket, okay?
Healthcare.gov, baby.
We got dental...
And we've got regularhealthcare, okay?
I pay for vision out of pocketbecause it costs almost nothing
(04:19):
when you go to those ruralvision and those kinds of
places, right?
LensCrafters, whatever.
You're one click away fromfinding a plan online.
Now, some states have insurancebrokers who can help you find a
health insurance.
You know, they'll shop around,they'll find the plans,
especially if you have a littlebit more of a complicated
(04:40):
situation or maybe specificmedicine, someone has diabetes
or something.
So if that's something that youcan use in your state, that
might be an option worth lookinginto.
Now, if you're an internationallistener, you might even get
free healthcare and you don'teven have to worry about this.
But just know, for those of youin the states, There are about
31 million entrepreneurs in theUS alone, and they've obviously
(05:03):
all figured out healthinsurance.
I am more than confident thatyou can too.
So what can you do?
Start shopping around.
Get those estimates now so youknow how much you need to have
saved up when you exit your job.
And if you're like me, you'regoing to be shocked at how
little you'll actually end uppaying because a lot of times
there's big tax credits that areavailable for entrepreneurs.
(05:27):
So it's all based on yourincome.
So you might be surprised youend up actually paying less than
what you even estimated.
Okay, the third thing that youneed to know that I wish someone
had told me before I leftcorporate is that little to no
one from your corporate careeris going to stay in touch with
you.
Now, I know this might sting alittle bit, so let's just get
(05:51):
this one out of the way.
And this is definitely awake-up call for me and an
unpleasant one at that.
You know, I can count on onehand, the number of people that
I talked to from theorganization that laid me off in
2021.
And I can count on the otherhand, the number of people who
stayed in touch with me from acompany that I gave nine years
of my life to before that.
(06:11):
And I'm not talking about theoccasional like on LinkedIn,
which I don't get a lot of thoseeither, but I'm talking about
people who have my cell phonenumber and we text, right?
We are in communicationsemi-regularly.
That is practicallynon-existent.
So stop letting theseding-dongs hold you back from
making a pivot.
I know that wasn't very nice,but they're not coming along for
(06:35):
the journey.
And I wasted so much time beingheartbroken about that in the
beginning of my entrepreneurialjourney, which is why I want to
let you know about it now.
I'm like, why is no one likingmy Facebook stuff?
Why won't they share my posts?
Damn it.
I really need their help.
Why is no one buying my book?
Out of sight, out of mind,right?
And it sounds a little bitharsh at first, but this
(06:55):
actually becomes really, reallyfreeing for you because now you
can take off that mask, youknow, the one your ego created
for you, and you can finally beyou, the real you.
No more trying to be who youthink you're supposed to be, who
you think your company and yourpeers and everybody wants you
(07:16):
to be.
No, right?
You don't have to be thatperson anymore.
Hopefully you listened toepisode 93, how to ditch the ego
and reinvent your life, right?
If you didn't listen yet, Idefinitely recommend heading
over there next.
But when you set your egoaside, you get to stop making
decisions based on what youthink those you work with will
(07:40):
think.
Oh, if I leave, they're gonnathink I'm crazy.
They're gonna be like, why areyou giving up this gravy train?
But what they don't realize isyou're not walking away from
corporate, You're walkingtowards your dreams.
You're walking towardssomething so much bigger and
better for you.
So you don't have to worryabout your team or your peers.
(08:01):
They're going to be okay.
They're going to survive.
They're big boys and girlsbecause they're not going to be
worrying about you.
And I think that's becausepartly we're all a little
self-centered, right?
Hear me out.
Once you don't work with themanymore, they don't have any use
for you.
You can't sponsor them.
You can't give them a raise.
You can't pick up the slack.
(08:22):
You can't help them get thingsdone faster, right?
So like I said, before long,you're out of sight, you're out
of mind.
So you might as well make theleap now before you give these
people any more of the bestyears of your life.
But the other piece of this isyour newfound freedom and
courage in their mind shines alight on what they've always
(08:46):
wanted to do.
and never had the guts tofollow through on.
You're leaving and they'restuck.
That has nothing to do withyou.
You're not unlovable.
People didn't secretly hateyou.
They hate themselves.
They hate their own situation.
They hate that they built alifestyle that has now trapped
(09:07):
them, that they cannot walk awayfrom.
They hate that you got to leaveand they still have to come to
the soul sucking job every day.
And so when I think about itthat way, like I can't even
blame them.
I just feel bad for them.
And then I pray that they willstart listening to my show so
they can get the courage theyneed to leave.
So here's your action step.
(09:28):
If you're thinking aboutleaving, you need to start
building up a new network, anetwork of people who are doing
similar things that you want tobe doing, who are going to be
your new set of champions.
When I was leaving, Isurrounded myself with other
entrepreneurs, female speakers,podcast hosts, authors, et
cetera.
Anyone who was doing somethingI was remotely interested in
(09:51):
exploring, I wanted them in mycircle.
This is a very worthwhileactivity and will become your
lifeblood when you exit.
So do not skip this step if youare thinking about leaving.
You don't want to startbuilding your network after you
make the leap, okay?
You want to do this beforehand.
All right, now the fourth thingyou need to know.
And this is going to comeacross kind of crazy.
(10:14):
You might not believe me atfirst.
You don't need as much money asyou think you do.
What a relief.
Like just take a deep breath.
Let that weight fall off yourshoulders.
Doesn't feel so good.
Now, if I'm honest with you, Idon't know if I would have
actually believed anyone had Inot experienced this for myself.
Like if someone told me when Iwas in my job, Karin, you don't
(10:38):
need this much money anyway.
It's going to be okay.
You can just leave now.
I would have definitely had anargument back.
I would have been like, oh, no,no, I need this amount of
money.
You don't understand.
My kids play hockey and I havea mortgage and I need this and I
need that.
No, no, I need all this money.
And if you're like me, you havea certain lifestyle that you've
become accustomed to.
But see, something happened forme at the same time.
(11:01):
The money is a trap.
It's what keeps you in the soulsucking job in the first place.
So when you release yourselffrom that trap and believing
that you need all this money,you see that you don't really
need all the things you wereusing your money for.
And I'm hesitant here to givespecific examples because I can
(11:21):
already hear you countering eachone of my points.
If I said, well, I took my kidsout of hockey.
You'll go, I can't take my kidsout of sports.
I'm like, wait, wait, I didn'tsay that.
I took them out of hockey, butthey played travel lacrosse
instead.
Just as much fun to watch andplay, but 50% of what hockey
costs me.
(11:41):
Everybody still wins.
But I also want to give yousome tangible examples so that
you can seek to apply this inyour own situation.
So at the risk of giving yousome more ammo for why you can't
leave, I am gonna share sometangible examples.
I didn't need such a fancywardrobe.
(12:02):
I mean, I coach people viaZoom.
I do podcasts.
All I need is to look good fromthe waist up.
Just a few cute tops and anecklace.
I'm good to go.
I only lived in New Jerseybecause that's where my company
was that I worked for.
So what I do, I moved to alower cost state where it
(12:23):
doesn't cost me as much to live.
When my Benz dies, I'm going toget a Honda or a regular car.
I do not need to flash about ina luxury vehicle.
See for me, that lifestyle waskind of getting old anyway.
It was draining me.
I barely enjoyed going out toeat anymore.
(12:43):
The food just always made mefeel like garbage.
I'd rather cook a really nicemeal at home.
And I don't want to get toospiritual here, but God was
tugging at my heart and he wasshowing me my vanity.
I now get to live a muchsimpler and humbler life.
And that's in alignment with myvalues.
(13:03):
So all this to say, whateveryou think you need, I bet if you
took a really close look, youcould cut back a third and be
fine.
Yeah, a third.
So how do you really get thatnumber, the brass tacks of all
of that?
Start going through yourmonthly expenses, seeing what
(13:24):
you can do without or whichexpenditures you could find a
lower cost option for.
Here's another one.
So my lawn guys used to treatthe whole yard, but I don't
really want the chemicals in theback anyway with the dogs and
the fruit trees.
And I only care about what theneighbors see.
So that's the front yard thatisn't fenced in.
So I was like, you know what?
We don't need that expense.
(13:45):
I have other things that Iwould rather do with that money.
So that cut my yard expenses inhalf.
Now they only do the frontyard, right?
That's just one example, just atangible example.
And I guarantee you can findloads of these in your world as
well.
The fifth thing I want to sharewith you today is you can
(14:07):
replace your corporate income ifyou want to.
Now, that might soundcontradictory to what I just
said, because I was like, hey,you don't need all that money.
But the caveat is you canreplace it if you want to.
Now, the other thing I want toshare is it may not look exactly
(14:28):
how you thought it would look.
You may need to considermultiple revenue streams.
Now, I know plenty ofentrepreneurs who left their
corporate job and replaced theirincome in just a few months.
They had the network, they hadthe sales skills, they signed
the contracts, and voila,they're on their way.
(14:49):
But you may need to let go ofsome of your expectations as
well.
Because I've worked with otherentrepreneurs who decided, you
know what?
I'm not making as much as Iwant to make.
I'm going to consult part-timein order to supplement that
income.
Or I have clients who havetaken on a corporate client and
(15:09):
it's not really what the kind ofwork that they want to be
doing, but the money is so goodthat it allows them to fund the
rest of their business so theycan serve their dream clients,
right?
That maybe they don't earn asmuch money from.
So just know that even if youdon't replace your corporate
income with one source, you'restill a successful entrepreneur.
I have several streams myself,my book sales, my speaking, my
(15:33):
coaching clients.
I have a rental property.
And with all that, I stillhaven't replaced my corporate
income.
But I don't need to.
Having time for my family andnot having to hustle 24-7 is
worth the pay cut to me.
And when they go to college infour years, I'll have all the
(15:53):
time in the world to work andtherefore earn more if I want
to.
Okay, so if you are set and youare hell-bent on replacing that
corporate income, let me tellyou what, you can do it.
I believe in you.
I know you can do it.
We already told you the firstthing was you have everything
you need to be successful.
So there's no reason you can'tdo it, but don't feel like you
(16:17):
have to because I know you don'treally need as much money as
you think you need.
All right, so let's do a quickrecap.
The five things, the first fivethings of the 10 that I'm going
to share with you that you needto know before leaving your
job.
Number one, you have everythingyou need to be successful.
You, you're it.
You're the magic sauce.
Number two, you will figure outinsurance.
(16:40):
It's not that scary.
It's just an unknown andeverybody else has figured it
out.
You will too.
Number three, your colleaguesprobably won't keep in touch.
So, Lucky you, you can stopletting them hold you back and
start making decisions from aplace of empowerment.
Number four, you don't need asmuch money as you think you do.
(17:00):
Congratulations, you can leavenow.
And number five, but you couldreplace your corporate income if
you wanted, okay?
That's it.
I can't wait to see you nextweek where I'm going to share
the other five things to get youto the top 10 things I wish I
knew before I left corporate andthat you need to know before
you make the pivot too.
Welcome to Rock Your Reinvention, where I help
high-achieving career women likeyou get unstuck, make your
corporate exit strategy, andsuccessfully transition to your
next chapter.
Hi, I'm your host, KarinFreeland, a certified life coach
and corporate exit strategist.
Whether you want to start abusiness, become a speaker, or
something else, I'm here to giveyou the tools and strategies to
(00:23):
shift your mindset, build yourconfidence, and take bold
actions so you can rock yourreinvention.
Ready?
Let's go.
Welcome back to Rock YourReinvention.
There's no denying thatdeciding to leave your job is
one of the biggest andpotentially hardest decisions
(00:44):
you'll make.
And as you saw, if you listenedto episode 94, where I shared
some never before heard journalexcerpts from my own personal
journal, I agonized over leavingfor years.
And I don't want you to getstuck in the spiral of, should I
leave?
Shouldn't I leave?
When should I leave?
(01:04):
Why shouldn't I leave for toolong?
Yes, it's important to plan andthink this decision through, of
course, but we don't need thisto take months or years either.
There's a balance that we needto strike.
So I thought it would be fun todo a two-part series where I
will share the top 10 things Iwish I knew before leaving my
(01:25):
six-figure corporate job.
in hopes that this will helpyou make the pivot faster and
with more confidence.
Today, I'm gonna start bysharing the first five things,
and then in next week episode, Iwill share the other five
things to help get us to the 10things you need to know before
you make your exit.
Let's dive in.
(01:46):
The first thing I wish I knewbefore I left corporate was this
is, and this is probably themost important thing that you
need to know is you are capableof achieving your goals.
Whatever it is that you wannado, start a business, write a
book, create a podcast, speak onstages, it doesn't matter.
(02:08):
You have everything you needinside of you to be successful.
You're resourceful, you canfigure out hard things, you can
overcome big challenges, really.
I had one client who had madethe company that employed her
millions of dollars.
Yes, millions.
And yet she was second guessingherself.
(02:31):
I don't know if I can do this.
Remember, you have beensuccessful in your job.
You've made shareholders rich.
Others have bet on you andbelieved in you.
That's why they kept promotingyou.
Why wouldn't you be able to dothis for yourself too?
There's absolutely no reason.
You will be successful.
(02:53):
You are the magic sauce.
You are the secret weapon.
You need to know that andremember that when you leave.
Don't believe me?
Start making a list of all yourskills.
And if you get stuck, you canask some friends or trusted
peers to help you out.
This will be important to comeback to time and time again when
(03:16):
you need a confidence boost.
So write down all your talents,your skills, the things that
make you you and make youcapable.
You want to have this listsomewhere convenient.
The second thing I wish I knewwas you will figure out
insurance.
This is one of the biggestreasons women stay in an
(03:37):
unfulfilling corporate gig,right?
They feel they need the companyto pay for their benefits and
their insurance.
Now, Barring you don't havesome crazy debilitating disease,
which I've personally never hada client in this situation, you
can absolutely figure out andpay for health insurance for you
(03:59):
and your family members.
We are personally a family offour, and we were able to find
an affordable plan on the openmarket, okay?
Healthcare.gov, baby.
We got dental...
And we've got regularhealthcare, okay?
I pay for vision out of pocketbecause it costs almost nothing
(04:19):
when you go to those ruralvision and those kinds of
places, right?
LensCrafters, whatever.
You're one click away fromfinding a plan online.
Now, some states have insurancebrokers who can help you find a
health insurance.
You know, they'll shop around,they'll find the plans,
especially if you have a littlebit more of a complicated
(04:40):
situation or maybe specificmedicine, someone has diabetes
or something.
So if that's something that youcan use in your state, that
might be an option worth lookinginto.
Now, if you're an internationallistener, you might even get
free healthcare and you don'teven have to worry about this.
But just know, for those of youin the states, There are about
31 million entrepreneurs in theUS alone, and they've obviously
(05:03):
all figured out healthinsurance.
I am more than confident thatyou can too.
So what can you do?
Start shopping around.
Get those estimates now so youknow how much you need to have
saved up when you exit your job.
And if you're like me, you'regoing to be shocked at how
little you'll actually end uppaying because a lot of times
there's big tax credits that areavailable for entrepreneurs.
(05:27):
So it's all based on yourincome.
So you might be surprised youend up actually paying less than
what you even estimated.
Okay, the third thing that youneed to know that I wish someone
had told me before I leftcorporate is that little to no
one from your corporate careeris going to stay in touch with
you.
Now, I know this might sting alittle bit, so let's just get
(05:51):
this one out of the way.
And this is definitely awake-up call for me and an
unpleasant one at that.
You know, I can count on onehand, the number of people that
I talked to from theorganization that laid me off in
2021.
And I can count on the otherhand, the number of people who
stayed in touch with me from acompany that I gave nine years
of my life to before that.
(06:11):
And I'm not talking about theoccasional like on LinkedIn,
which I don't get a lot of thoseeither, but I'm talking about
people who have my cell phonenumber and we text, right?
We are in communicationsemi-regularly.
That is practicallynon-existent.
So stop letting theseding-dongs hold you back from
making a pivot.
I know that wasn't very nice,but they're not coming along for
(06:35):
the journey.
And I wasted so much time beingheartbroken about that in the
beginning of my entrepreneurialjourney, which is why I want to
let you know about it now.
I'm like, why is no one likingmy Facebook stuff?
Why won't they share my posts?
Damn it.
I really need their help.
Why is no one buying my book?
Out of sight, out of mind,right?
And it sounds a little bitharsh at first, but this
(06:55):
actually becomes really, reallyfreeing for you because now you
can take off that mask, youknow, the one your ego created
for you, and you can finally beyou, the real you.
No more trying to be who youthink you're supposed to be, who
you think your company and yourpeers and everybody wants you
(07:16):
to be.
No, right?
You don't have to be thatperson anymore.
Hopefully you listened toepisode 93, how to ditch the ego
and reinvent your life, right?
If you didn't listen yet, Idefinitely recommend heading
over there next.
But when you set your egoaside, you get to stop making
decisions based on what youthink those you work with will
(07:40):
think.
Oh, if I leave, they're gonnathink I'm crazy.
They're gonna be like, why areyou giving up this gravy train?
But what they don't realize isyou're not walking away from
corporate, You're walkingtowards your dreams.
You're walking towardssomething so much bigger and
better for you.
So you don't have to worryabout your team or your peers.
(08:01):
They're going to be okay.
They're going to survive.
They're big boys and girlsbecause they're not going to be
worrying about you.
And I think that's becausepartly we're all a little
self-centered, right?
Hear me out.
Once you don't work with themanymore, they don't have any use
for you.
You can't sponsor them.
You can't give them a raise.
You can't pick up the slack.
(08:22):
You can't help them get thingsdone faster, right?
So like I said, before long,you're out of sight, you're out
of mind.
So you might as well make theleap now before you give these
people any more of the bestyears of your life.
But the other piece of this isyour newfound freedom and
courage in their mind shines alight on what they've always
(08:46):
wanted to do.
and never had the guts tofollow through on.
You're leaving and they'restuck.
That has nothing to do withyou.
You're not unlovable.
People didn't secretly hateyou.
They hate themselves.
They hate their own situation.
They hate that they built alifestyle that has now trapped
(09:07):
them, that they cannot walk awayfrom.
They hate that you got to leaveand they still have to come to
the soul sucking job every day.
And so when I think about itthat way, like I can't even
blame them.
I just feel bad for them.
And then I pray that they willstart listening to my show so
they can get the courage theyneed to leave.
So here's your action step.
(09:28):
If you're thinking aboutleaving, you need to start
building up a new network, anetwork of people who are doing
similar things that you want tobe doing, who are going to be
your new set of champions.
When I was leaving, Isurrounded myself with other
entrepreneurs, female speakers,podcast hosts, authors, et
cetera.
Anyone who was doing somethingI was remotely interested in
(09:51):
exploring, I wanted them in mycircle.
This is a very worthwhileactivity and will become your
lifeblood when you exit.
So do not skip this step if youare thinking about leaving.
You don't want to startbuilding your network after you
make the leap, okay?
You want to do this beforehand.
All right, now the fourth thingyou need to know.
And this is going to comeacross kind of crazy.
(10:14):
You might not believe me atfirst.
You don't need as much money asyou think you do.
What a relief.
Like just take a deep breath.
Let that weight fall off yourshoulders.
Doesn't feel so good.
Now, if I'm honest with you, Idon't know if I would have
actually believed anyone had Inot experienced this for myself.
Like if someone told me when Iwas in my job, Karin, you don't
(10:38):
need this much money anyway.
It's going to be okay.
You can just leave now.
I would have definitely had anargument back.
I would have been like, oh, no,no, I need this amount of
money.
You don't understand.
My kids play hockey and I havea mortgage and I need this and I
need that.
No, no, I need all this money.
And if you're like me, you havea certain lifestyle that you've
become accustomed to.
But see, something happened forme at the same time.
(11:01):
The money is a trap.
It's what keeps you in the soulsucking job in the first place.
So when you release yourselffrom that trap and believing
that you need all this money,you see that you don't really
need all the things you wereusing your money for.
And I'm hesitant here to givespecific examples because I can
(11:21):
already hear you countering eachone of my points.
If I said, well, I took my kidsout of hockey.
You'll go, I can't take my kidsout of sports.
I'm like, wait, wait, I didn'tsay that.
I took them out of hockey, butthey played travel lacrosse
instead.
Just as much fun to watch andplay, but 50% of what hockey
costs me.
(11:41):
Everybody still wins.
But I also want to give yousome tangible examples so that
you can seek to apply this inyour own situation.
So at the risk of giving yousome more ammo for why you can't
leave, I am gonna share sometangible examples.
I didn't need such a fancywardrobe.
(12:02):
I mean, I coach people viaZoom.
I do podcasts.
All I need is to look good fromthe waist up.
Just a few cute tops and anecklace.
I'm good to go.
I only lived in New Jerseybecause that's where my company
was that I worked for.
So what I do, I moved to alower cost state where it
(12:23):
doesn't cost me as much to live.
When my Benz dies, I'm going toget a Honda or a regular car.
I do not need to flash about ina luxury vehicle.
See for me, that lifestyle waskind of getting old anyway.
It was draining me.
I barely enjoyed going out toeat anymore.
(12:43):
The food just always made mefeel like garbage.
I'd rather cook a really nicemeal at home.
And I don't want to get toospiritual here, but God was
tugging at my heart and he wasshowing me my vanity.
I now get to live a muchsimpler and humbler life.
And that's in alignment with myvalues.
(13:03):
So all this to say, whateveryou think you need, I bet if you
took a really close look, youcould cut back a third and be
fine.
Yeah, a third.
So how do you really get thatnumber, the brass tacks of all
of that?
Start going through yourmonthly expenses, seeing what
(13:24):
you can do without or whichexpenditures you could find a
lower cost option for.
Here's another one.
So my lawn guys used to treatthe whole yard, but I don't
really want the chemicals in theback anyway with the dogs and
the fruit trees.
And I only care about what theneighbors see.
So that's the front yard thatisn't fenced in.
So I was like, you know what?
We don't need that expense.
(13:45):
I have other things that Iwould rather do with that money.
So that cut my yard expenses inhalf.
Now they only do the frontyard, right?
That's just one example, just atangible example.
And I guarantee you can findloads of these in your world as
well.
The fifth thing I want to sharewith you today is you can
(14:07):
replace your corporate income ifyou want to.
Now, that might soundcontradictory to what I just
said, because I was like, hey,you don't need all that money.
But the caveat is you canreplace it if you want to.
Now, the other thing I want toshare is it may not look exactly
(14:28):
how you thought it would look.
You may need to considermultiple revenue streams.
Now, I know plenty ofentrepreneurs who left their
corporate job and replaced theirincome in just a few months.
They had the network, they hadthe sales skills, they signed
the contracts, and voila,they're on their way.
(14:49):
But you may need to let go ofsome of your expectations as
well.
Because I've worked with otherentrepreneurs who decided, you
know what?
I'm not making as much as Iwant to make.
I'm going to consult part-timein order to supplement that
income.
Or I have clients who havetaken on a corporate client and
(15:09):
it's not really what the kind ofwork that they want to be
doing, but the money is so goodthat it allows them to fund the
rest of their business so theycan serve their dream clients,
right?
That maybe they don't earn asmuch money from.
So just know that even if youdon't replace your corporate
income with one source, you'restill a successful entrepreneur.
I have several streams myself,my book sales, my speaking, my
(15:33):
coaching clients.
I have a rental property.
And with all that, I stillhaven't replaced my corporate
income.
But I don't need to.
Having time for my family andnot having to hustle 24-7 is
worth the pay cut to me.
And when they go to college infour years, I'll have all the
(15:53):
time in the world to work andtherefore earn more if I want
to.
Okay, so if you are set and youare hell-bent on replacing that
corporate income, let me tellyou what, you can do it.
I believe in you.
I know you can do it.
We already told you the firstthing was you have everything
you need to be successful.
So there's no reason you can'tdo it, but don't feel like you
(16:17):
have to because I know you don'treally need as much money as
you think you need.
All right, so let's do a quickrecap.
The five things, the first fivethings of the 10 that I'm going
to share with you that you needto know before leaving your
job.
Number one, you have everythingyou need to be successful.
You, you're it.
You're the magic sauce.
Number two, you will figure outinsurance.
(16:40):
It's not that scary.
It's just an unknown andeverybody else has figured it
out.
You will too.
Number three, your colleaguesprobably won't keep in touch.
So, Lucky you, you can stopletting them hold you back and
start making decisions from aplace of empowerment.
Number four, you don't need asmuch money as you think you do.
(17:00):
Congratulations, you can leavenow.
And number five, but you couldreplace your corporate income if
you wanted, okay?
That's it.
I can't wait to see you nextweek where I'm going to share
the other five things to get youto the top 10 things I wish I
knew before I left corporate andthat you need to know before
you make the pivot too.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.