Beyoncé said "quit your job" - here's how to do it right

It was officially the two-week release of Queen B's new single, "Break My Soul", so I'm just here to do a quick check-in. No, really, let's talk--like a break room conversation. Did you quit your job or write the final version of your resignation letter? End of a commercial contract? Let's be honest, was the release of the song the sign you've been waiting for and confirmation that the stars have aligned for your hit to burst before it was shattered?

Such power in the prose is affirmed on the dance vibes sung by rebound artist B and New Orleans Big Freedia. I'm sure if anyone can spark a mass exodus, it's Beyoncé. His song activated the empowering charge needed to drive everyone towards their ultimate goals while unapologetically choosing themselves over whatever stressors prevent them from claiming their own worth.

While self-preservation is key, finding a new foundation comes with risk-taking that may require careful analysis before embarking on a course change. I confess that I collected my own moments of inspiration and then took a leap of faith that deserved a lot more preparation before doing it. However, while my motivation was focused on my goal and releasing all the things I knew was holding me back, I missed the opportunity to develop a sustainable plan to support my transition goals.

I know the excitement and motivation of wanting to start a new chapter in life. One who's free to hold back your fate, but unlike Beyoncé, stepping out without a strategy is what you'd feel with your eyes closed on the dance floor - uncertain and dizzying. Sure, you can feel and hear the beat, but your overall performance could eventually trip over your head and risk bumping your head. While bumps are certain throughout the journey of entrepreneurship, you much prefer to be well choreographed before setting the stage to exit left.

Let's discuss why every business owner and professional needs an exit strategy.

If you're in business, it's not just about the day-to-day execution of "work", but also planning for long-term needs that take into account your unique business circumstances, market trends and the industry, and the owner's goals, whether it's a starting project or a sale. There is no one-size-fits-all approach; a template probably won't serve you well. Instead, consider a highly personalized approach that establishes the exact elements of your business to help you get out of your business venture. Here are some things to consider.

Goals

As an owner, what do you want to accomplish once you leave the company? Consider whether it is profit or industry influence that you are looking to achieve.

Time limit

How long will it take to negotiate a sale? Determine an endpoint for your business and make sure you've added a call to potential buyers to prepare your business to be buyer-ready.

Commercial intentions

After you leave, will you agree to dissolve your company or will you be happy to see operations continue? These decisions help determine whether you plan to merge with another company or sell out altogether.

Next steps

Once you have your exit strategy in place, think about what's next. Do you plan to retire or use the proceeds of the acquisition to fund a new business? Or do you need a clear industry output all together?

It's never too early for a well-thought-out exit strategy. Planning early allows you to properly plan for the future, model a blueprint to chart your success, and inform strategic decision-making.

Certainly not only business owners can benefit from an exit strategy, but also career professionals. If you have a new vision in mind that goes far beyond your 9-to-5 job, consider these ste...

Beyoncé said "quit your job" - here's how to do it right

It was officially the two-week release of Queen B's new single, "Break My Soul", so I'm just here to do a quick check-in. No, really, let's talk--like a break room conversation. Did you quit your job or write the final version of your resignation letter? End of a commercial contract? Let's be honest, was the release of the song the sign you've been waiting for and confirmation that the stars have aligned for your hit to burst before it was shattered?

Such power in the prose is affirmed on the dance vibes sung by rebound artist B and New Orleans Big Freedia. I'm sure if anyone can spark a mass exodus, it's Beyoncé. His song activated the empowering charge needed to drive everyone towards their ultimate goals while unapologetically choosing themselves over whatever stressors prevent them from claiming their own worth.

While self-preservation is key, finding a new foundation comes with risk-taking that may require careful analysis before embarking on a course change. I confess that I collected my own moments of inspiration and then took a leap of faith that deserved a lot more preparation before doing it. However, while my motivation was focused on my goal and releasing all the things I knew was holding me back, I missed the opportunity to develop a sustainable plan to support my transition goals.

I know the excitement and motivation of wanting to start a new chapter in life. One who's free to hold back your fate, but unlike Beyoncé, stepping out without a strategy is what you'd feel with your eyes closed on the dance floor - uncertain and dizzying. Sure, you can feel and hear the beat, but your overall performance could eventually trip over your head and risk bumping your head. While bumps are certain throughout the journey of entrepreneurship, you much prefer to be well choreographed before setting the stage to exit left.

Let's discuss why every business owner and professional needs an exit strategy.

If you're in business, it's not just about the day-to-day execution of "work", but also planning for long-term needs that take into account your unique business circumstances, market trends and the industry, and the owner's goals, whether it's a starting project or a sale. There is no one-size-fits-all approach; a template probably won't serve you well. Instead, consider a highly personalized approach that establishes the exact elements of your business to help you get out of your business venture. Here are some things to consider.

Goals

As an owner, what do you want to accomplish once you leave the company? Consider whether it is profit or industry influence that you are looking to achieve.

Time limit

How long will it take to negotiate a sale? Determine an endpoint for your business and make sure you've added a call to potential buyers to prepare your business to be buyer-ready.

Commercial intentions

After you leave, will you agree to dissolve your company or will you be happy to see operations continue? These decisions help determine whether you plan to merge with another company or sell out altogether.

Next steps

Once you have your exit strategy in place, think about what's next. Do you plan to retire or use the proceeds of the acquisition to fund a new business? Or do you need a clear industry output all together?

It's never too early for a well-thought-out exit strategy. Planning early allows you to properly plan for the future, model a blueprint to chart your success, and inform strategic decision-making.

Certainly not only business owners can benefit from an exit strategy, but also career professionals. If you have a new vision in mind that goes far beyond your 9-to-5 job, consider these ste...

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