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Ask EP-162 How to Quit Job and Start Own Business
Takeaway
Plan worst-case break-even before quitting your corporate job; AC-cooling stocks have great tailwinds but valuations are already stretched.
Summary
- 34-yr-old Andhra-origin Mumbai professional earns Rs 20L/yr, Rs 13L equities, Rs 20L PF/PPF/NPS, Rs 3L emergency fund, saving Rs 80-90k/mo, planning FIRE at 40 and switching to home-town business needing Rs 30L (15L capital + 15L 2-yr personal expenses).
- Host’s rule: don’t quit job on optimistic break-even forecasts. Calculate worst-case break-even (e.g., 4 years) and have 4 + 2 = 6 years of business+personal capital before leaving.
- Many corporate quitters return to jobs because financial planning was aggressive, not conservative; black-swan events (Covid) demand extra cushion.
- Blue Star / Voltas / Johnson Controls / Hitachi positive on heat-wave AC sales and incoming manufacturing FDI - but already trading at expensive 52-week-high valuations.
FIREentrepreneurshipBlue Star
Original description
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