You’ve got the itch. The idea. The dream of building something of your own. And maybe you’re staring at your day job wondering, How much longer can I do this?

Before you hand in your notice and go full-time entrepreneur, hit pause and ask yourself these 7 questions. Because building a business isn’t just about passion—it’s about preparation.

1. Do I have a clear business model?

You don’t need a 50-page business plan, but you do need to know:

Who are you serving?
What are you offering?
How will you make money?

If you’re fuzzy on those answers, take the time to get clear before making the leap:

Download our simple 1-page Business Model Canvas and map out your idea.

2. Have I tested this idea in the real world?

Talk is cheap. Market validation isn’t.

Have people shown interest in your product or service? Better yet, has anyone paid you for it?

Start small, get feedback, and iterate. You’ll build confidence and momentum.

3. What’s my financial runway?

Can you cover three to six months of personal expenses without a paycheck? Do you have a plan if revenue doesn’t come in right away?

This doesn’t mean you need to be rich…it means you need to be realistic.

4. Do I actually like working alone?

Entrepreneurship can be isolating, especially at the start. Are you comfortable working without a team, a manager, or external validation?

If not, that’s okay—but start thinking about how you’ll build your support system.

This is exactly what The Foundry Lab is for because solopreneurs need sounding boards, too.

5. What’s driving me—freedom or avoidance?

Leaving a job just because you’re burned out is a red flag. Starting a business won’t magically erase overwhelm. In fact, it can magnify it.

Ensure you’re running toward something meaningful, not just away from something hard.

6. Am I ready to sell?

Sales isn’t sleazy…it’s survival.

You’ll need to pitch your value, ask for the sale, and keep showing up even when it’s uncomfortable. If the idea of selling makes you cringe, that’s okay—just don’t avoid it. Once you get into a groove, you’ll find that pitching your services or products can actually be pretty exciting because it’s what you believe in.

7. What does success really look like for me?

Is it replacing your salary? Flexibility? Making an impact?

Define what you want so you can build a business that fits your life, not just one that looks good on Instagram.

Final Thoughts

You don’t need to have it all figured out. But the more clarity you gain now, the more prepared you’ll be when it’s time to make the leap.

Foundry & Grit is here to help you start smarter, grow stronger, and build a lasting business.

Your Next Step

Download the free Business Model Canvas to sketch out your idea and get real about your plan.

Before You Quit Your Day Job: 7 Questions to Ask Yourself First