Before you quit
your job, start your research on the possible businesses you want to go into,
the cost of commencing this business and running it, consider the basics that
you would need for the business to be able to deliver to its intended
clientele, how do you intend to source for this needed capital (family,
savings, partners etc), understand that you may have to budget for minimal
income generation in the first few years of business, as well as fixed or even
increasing cost. The aim of putting all these (and more) in perspective isn't
to kill the dream or paralyse you, but to ensure that you are somewhat prepared
to succeed.
I would recommend
that you read Robert Kiyosaki's book titled: "Before You Quit Your
Job" .... you don't say!
Personally, I
vote for starting the process while you are in employment. Apart from your
savings, your income from employment can be a buffer from complete disaster or
starvation (if it gets to that). Also, it motivates you to create a structure
that can run independent of you, as well as, take certain risks.
All in all,
regardless of the route you choose, whether starting your own business or
taking an early retirement, if you want out, the key is to save! save!! save!!!
and consistently save. That's the first step.