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Establish your business income, have a few months of personal savings, and pull the trigger. Is like having kids, you are never really ready so get to jump in and figure it out along the way
I guess it depends on where are you at in your business as far as income. Like most ppl I’m doing both. However their is a bootcamp that teaches you how to gain clients vis social media. They also teach if your side business doesn’t bring in more than your job it’s not the season. The bootcamp works for new business vs under 5 years but caters to online businesses or e-commerce businesses. The ability to scale is a different bootcamp.
My income was way more stable and higher when I was self-employed in comparison to when I was an employee. I chased that "dream of stable income" and guess what? I was laid off. Now I'm getting back to my own business.
Do it while at your job so take on clients (fill out a conflict of interest form if it is a conflict) and then when you have enough to go full time leave