Quit Your W2 Job or Run Your Business On the Side? How to Make the Right Choice w/ Matt Floyd & Craig Gerulski

Seed Money

When you know that you’re an entrepreneur at heart but you’re still working your W2 job, when do you jump ship? It’s the age old question all aspiring business owners ask themselves.

On one hand, we can burn the boats and go all in on the business. You’ll have way more time to dedicate to it and you can scale faster. Or you can get the business off the ground, build it up on the side and then quit when you’ve got some momentum going.

Most aspiring business owners have taken the latter approach - it’s an easy way to start without pressure and test out the concept to see if it’s viable. That’s the approach Matt Floyd and Craig Gerulski took. For the first 3 years of their business, they worked full-time in their W2s but put a date to leave in place.

What steps did they take to prepare to leave their W2? How did they build the business with strong operations from the ground up? How can our W2 experience actually help us in business? In this episode, the founders of Stay Classy Homes talk about their journey, and how they went about walking away from their W2 jobs and going all in on their business.

Topics Covered;

-The power of getting around people doing what you want to do

-The mental challenge that comes with leaving a W2

-How to prepare to leave your W2

-How to find the opportunity in boring businesses and industries

-The best things about being an entrepreneur

Guest Bio

Matt Floyd and Craig Gerulski are entrepreneurs and the founders of Stay Classy Homes. After staying at their first AirBnB's as guests in 2018 in Nashville and Breckenridge they quickly fell in love with this new concept of traveling like locals all around the world and creating genuine relationships along the way. Those experiences inspired them to begin investing in Vacation Rentals while working W-2 jobs for large corporations. Matt and Craig were both passionate about reaching financial freedom through real estate investing and felt that Vacation Rentals provided the best combination of cash flow, appreciation, and tax benefits while also allowing them to visit their investments with family and friends and create lifelong memories. For more information, head to https://www.stayclassyhomes.com/.

Host Bio

Jayla Siciliano, Shark Tank entrepreneur turned real estate investor, excels in building brands, teams, and products. CEO of a bi-coastal luxury short-term rental company, she also hosts the Seed Money Podcast where she’s on a mission to help early-stage entrepreneurs turn their ideas into reality!

Connect:

Website: seedmoneypodcast.com

Instagram: @jaylasiciliano

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