Read how one blogger was able to take her money coaching side hustle full time and QUIT her job. Clo Bare shares why she decided to quit her cushy $130k a year gig to pursue her dreams.
Well, well, well⦠Look whoās back to the place where it all began⦠Itās Clo Bare. Remember me?Ā
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Itās been a minute, but let me explain.
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The last few months have been INSANE.
Like, insane insane.
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Clo Bare, and now Clo Bare Money Coach has grown SO much in such a short period of time.
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Itās wild to look back at how this blog started a few years ago.
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It was 2017 and I was at a much different place in my life. I created this blog as an outlet to write about mental health, body image, and relationships. With time (and LOTS of therapy), I began to heal, and the purpose of Clo Bare began to change.Ā
Getting My Money Right & Getting My Head Right
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A big part of getting my mental health right was connected to getting my money right.Ā
I was sick of living paycheck-to-paycheck, so I taught myself how to level up my finances by stopping the constant stream of impulse spending, learning how to stick to a budget, and finally, how to build wealth through investing.
It was during this time in my life that I came to realize that I wanted to make a change with Clo Bare and write about something new: money!Ā
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This idea to blog about my personal finances led to offering financial coaching sessions. From there, the sky was the limit on what I felt Clo Bare could become.
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And here we are, fam. Full-time entrepreneur life.
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Why I Quit My Job: Full Time Entrepreneur Life
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So much has happened over the last few months.Ā
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It’s been a while since I’ve posted on this blog because things have been a little bit crazy.Ā
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Not only did I quit my full-time job, but I also launched a new business, created a whole dang investing course, coached over 100 people in the last 3 months, started studying to be a Certified Financial Planner (CFP), and continued to grow on Instagram and TikTok.
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I’ve been overwhelmed to say the least– but it’s all because of some amazing stuff going on.Ā
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But now that I’ve got the Lazy Investors Course out and things have calmed down a bit, I’m ready to dive back into content creation, cause honestly?
It’s one of my favorite things to do.
Providing yāall with financial education you need to build that wealth.
Why I Quit My Fancy Six-Figure Job: Passions
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In October of 2021 I quit my fancy, schmancy, six-figure consulting job to pursue my passion of money coaching and content creating full-friggin-time. Iāll fill you in on why I made this huge decision, how I made it happen, and what my life looks like now as a full-time entrepreneur.Ā
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Spoiler alert: Itās amazing. And stressful. And fulfilling. And hard. And so, so worth it.
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So let’s get to it, shall we?
Why I Quit My Cushy Job:
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1) Clo Bare is my passion.Ā
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I frigginā love teaching people how to money. Itās my lifeās purpose and itās something that brings me so much joy. I wanted to take a chance on myself and pursue this thing full-time.
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Now hereās the thingā I used to think that in order to quit my job, I needed to first completely replace my full-time income from my regular 9 to 5.
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But I realized– that actually isn’t the case.Ā
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The largest reason I wanted to make as much as I did at my old job was because I wanted to invest like a mad woman to be able to retire early someday. I so desperately wanted to make as much money as possible so that I could leave that job and not be tied down by it anymore.Ā
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I wanted to be able to travel when I want.
Take time when I want.
Live where I want.
And spend time working on WHAT I WANT.
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It was a great gig with a lot of perks, but it wasnāt my passion. And at the end of the day⦠I started to ask myself: Why would I want to work for a civil engineering firm when I could be helping people improve their finances?
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If I’m doing my passion full-time, which is teaching folks how to money, then I really don’t see myself retiring anytime soon. I donāt feel the pressure and urgency to leave my job as soon as possible.Ā
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Will I still invest?
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Absolutely.
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But does it feel as urgent as it did when I was working full-time?
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Nope. I love what I do now, and I can see myself doing this for the rest of my life, to varying degrees.
2) I made a monthly income goal– and crushed it.
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Another thing that made me realize that leaving my job was a viable option was I started making enough money to cover my bills, and then some. After reaching my first $5k month, I decided if I could make $5k a month for 6 months, I’d give myself permission to quit my job.Ā
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Enter: Imposter Syndrome
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I think a lot of us struggle with Imposter Syndrome, especially entrepreneurs.Ā
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We keep wondering: am I actually an expert? Should people really be paying them to help them money? Do I EVEN know what Iām doing!? WHAT IF IāM A FRAUD?! WHAT IF I SHOULD JUST QUIT AND HIDE UNDER A ROCK FOREVER?!
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*sigh*
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Iām sure my fellow entrepreneurs can relate⦠and honestly? Likely most everyone else too.
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But you know what gets rid of imposter syndrome, or at least helps?
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Consistency.
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As the months went on I kept making that money. I kept selling out of my coaching months in advance. And I kept getting better and better at teaching people how to money.
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Pretty quickly $5k months and more became the norm.
And guess what?
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It wasnāt a fluke.Ā
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I consistently made over $5k a month for 6 months and in October of 2021 I realized it was time to pull the trigger.Ā
3) Finally, I wanted to take a chance on myself.
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I realized, most importantly, that if I died tomorrow, one of my biggest regrets would’ve been not taking a chance on myself. I knew deep in my bones that I wanted to quit and I wanted to try to take this dream of mine full-time.Ā
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And I knew that if I didnāt take the chance, I would always regret it.Ā
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I wanted to give myself permission to bet on myself.
I wanted to see just what was possible with my business.
I wanted to give it a try and really dive into what I truly wanted to do.
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The more I thought about it, the more I realized the absolute worst case scenario would be if it didnāt work out, I would have to go out and get another job.Ā
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And if that was the worst case scenario?
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Ā I was willing to take that chance. Itās not like I was quitting my job to stop working – I was quitting my job to pursue my passion.Ā
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This realization took the pressure off.Ā
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And you know what?
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My only regret is that I didn’t quit sooner.
Why I Quit My Job: TLDR
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ANYWHO. Thatās enough for now.Ā
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Gotta keep on with this blogging thing again. Do I even know how to blog anymore?! Where do I put the things?! How long should it be?
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Just kidding.
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But essentially, I know in my bones quitting was the right move for me. Iāve been exponentially happier even though Iāve also been exponentially busier.Ā
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Stay tuned to hear about HOW I made this transition into being a full-time entrepreneur happen, and what my life looks like now.
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I hope you all are having a phenomenal start to your new year and pursuing things that add value to your life. Thanks for being here after all this time, fam.Ā
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Have you taken part of the great resignation? If so, let me know in the comments below!
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