You just have to take that 'leap' at some point of time in your career. What is the value of your years of work experience, if you cannot back yourself with that to start your own thing? If you wait you would keep on waiting till your last, there is no right time. The day you take that decision, that's the right time!

Good founders are less comfortable with risk than you would think. First thing to assess is your current risk tolerance - which changes quarter to quarter. Things that will increase your risk tolerance: more skills, better network, scar tissue as an employee at a startup, successful side projects, cash flowing assets, a year or two of cash. Things that will reduce the risk of starting your company: a tier 1 cofounder, an idea you have vetted more seriously, There are also things that may reduce your risk tolerance for a time: new kids, illness, etc. be prepared to handle these as we start to make weird decisions when we surpass our risk tolerance. Reflect on your risk tolerance and what you need to do to be ready.

A hybrid approach would be to straddle both for a while before you take the plunge. Continue your full-time role while moonlighting. Get exposure / experience by working with other entrepreneurs, or get your idea to MVP and iterate. If your side gig shows promise, you can then reassess whether or not it's time to jump in with both feet.

Reflect on your current role and business. Are you still passionate about what you're doing? Are you achieving your goals? Are you satisfied with your level of success and fulfillment?

Look at the market trends in your industry. Are there emerging opportunities or threats that could impact your business? Understanding the market can help you anticipate changes and adapt accordingly.

Develop a strategic plan for your career change, including timelines, milestones, and contingency plans. Having a clear roadmap can help you navigate the transition more effectively and mitigate potential risks.

Talk to trusted mentors, colleagues, or advisors about your career aspirations and business plans. They can offer valuable insights and perspectives that you may not have considered.

While seeking support, an important step is proactive immersion. Surround yourself with industry insiders through meet-ups and networking. Having a mentor or coach is crucial—they offer not just guidance but also accountability, propelling you forward. These relationships provide insights and access that are invaluable when you're navigating the uncertainties of a career change in entrepreneurship. Their experiences can light your path, making the journey from doubt to decision clearer and more informed. Remember, your network is your net worth, especially in times of transition.

Take into account your personal circumstances, such as your family situation, lifestyle preferences, and risk tolerance. A career change in entrepreneurship can have significant implications for your personal life, so it's essential to consider how it aligns with your overall well-being and happiness.

Define your long-term career goals and objectives. Are you looking to expand your current business, start a new venture, or pursue a different path altogether? Setting clear goals can help you prioritize your actions and make decisions aligned with your aspirations.

Adopt a mindset of openness and adaptability, welcoming the unknown with enthusiasm rather than fear. One unique way to embrace the change is to view the risks associated with the transition as opportunities for growth and innovation. Instead of seeing them as obstacles, see them as challenges to overcome and avenues for creative problem-solving. This perspective can empower you to take calculated risks and explore new avenues with confidence. Cultivating a positive mindset can fuel your motivation and resilience during times of uncertainty. Surround yourself with supportive individuals who believe in your vision and encourage you to stay optimistic even in the face of setbacks.

Ultimately, the decision to make a career change in entrepreneurship depends on a combination of factors, including your passion, market opportunities, financial considerations, and personal circumstances. Take the time to carefully evaluate your options and make a decision that aligns with your goals and aspirations.

Defining success in this journey is a deeply personal endeavor. It could mean achieving financial stability, making a meaningful impact in your chosen field, or simply finding fulfillment and happiness in your work. Take the time to reflect on what success looks like to you and set clear goals that align with your vision. Recognize it as a chance to explore new possibilities, discover untapped potential within yourself, and create new value for both yourself and others. Approach it with a willingness to learn so you can navigate the journey of career change with confidence and ultimately realize your full potential as an entrepreneur.