Need some advice from the wiser Rokslider's

It's a nice thing for friends and family to say you are good at something, and "wow, you should do this for a living."

But perhaps it's just a nice thing to say. Are they willing to financially back you? Will they pay your bills if things take longer than expected to get off the ground? They probably love you, think your designs are really cool, but do they really think you should quit your job? My 2 cents, best of luck to you!
 
Sometimes the idea of something is more rewarding than the grind of making that thing work.

Once upon a time I worked for and with an organization that encouraged small business start ups like sole proprietor or very small size. Many people have been in your shoes and not known how to transition from employee to self employed.

The longer you can stay full time where you are the better. There are check lists of foundational tasks for new businesses to get you started. Things like business licenses, business checking account, book keeping/accounting, and getting the basics of tax law figured out. Often folks know how to build things, but the accounting/tax thing is the hardest to figure out. Every state used to have a federally funded small business development center offering free or low $$ training and advice for guys in your boat - these are typically associated with a university in your state. Hopefully federal budget cuts didn’t axe them.

You know how to build things, so there’s no reason why it can’t be set up and operated as a business now, even if you aren’t anywhere close to being profitable. We taught guys to make their side hustle legit so as it grew they already had the business and tax side figured out.

Not to be Debby Downer, but nobody wants to loan you a large chunk of money to jump in with both feet, rent a big space, buy a bunch of Juki machines and have you’re very own giant bubble wrap roll in a dedicated shipping area. You’re going to have to self fund the basics of getting started, and hustle to get sales so keep those commission checks rolling where you’re at. Once you have a functional business and significant orders, then you become more eligible for small business loans and whatnot.

Opportunities exist in niche hunting/shooting, but high end diaper bags will have 1000x the potential customers, so sometimes where a business starts isn’t where it ends up to be profitable.

The downside to a sewing business is every dude with a design and stay at home wife, her girl friend, a cousin, and uncle Jimmy who enjoy sewing in their spare time are your competition.

You’re in a better place than many to get the business started and fine tune your designs and patterns (your cool new design is only as repeatable as your patterns). Good design ideas are harder to come up with than someone who can run an industrial sewing machine, so you have that going for you.

I’m super behind the idea of what you’re thinking about - setting up even a legit micro business will teach you a lot, and that’s 100% applicable to other business ideas you might not have even thought of yet.

Googled “Washington state small business development center” and this was the first link:
 
I’m going to echo others and say keep your job and try out your new venture on the side. I’m similar and and have a good job making real good money. I have three kids and a small farm. My wife is a stay at home mom. I’ve been doing taxidermy for about 15 years on the side. It grew so much I was close to quitting my day job and doing taxidermy full time.
After much thought I decided to stay in my job. At least until the kids are on their own. My #1 priority is taking care of them and it would be irresponsible to throw away good pay and benefits.
 
The most successful business owners I've met started it as a side hustle and worked both until they pretty much got an ultimatum from their day job. It takes a long time to build a business.
 
Start it as a side hustle. I am buddies with a guy that now owns a binocular pack sewing company, that has grown exponentially over the last 5 years. He started by sewing a few packs, giving them to a few of us and refining them. Then he started working in a sew shop and sewed his stuff after hours. After a couple years of working for "the other guy" he gained enough of a following where he could commit to making it is only income. The company is worth millions now and constantly evolving and innovating. As stated by a few, the economy is fairly unstable right now, so I would keep some stability and work slowly toward perfecting a product or 2.
 
There are a lot of things that I like to do. However when you have to do it, sometimes the enjoyment disappears. Be carefull !

I enjoy making things out of leather but the quality is maintained when I can walk away from it at times.
 
1. Ask yourself why you're even thinking about it.

2. Know the industry well, the trends, the market, etc. As a sales guy you may already know.

3. Write down a business plan of some sort. Without a road map, you're pissing in the wind.

4. Side hustle sounds good until you get sick of it.

5. There is no such thing as job stability if economic times are uncertain.

6. I think you answered your own question in that you 100% need your income to bills.
 
your local community college will have classes about running business, from accounting to marketing ect. I have taken a lot of them and they do help. Maybe take a class or two and see it you still like the idea.
 
Start on the side and then wait for it to consume all your time, then transfer into it full time. My parent did that with Mixed Metal Outdoors (fishing guide in WA). He started to do it on the side on his free time until he had enough clients to go full time! Good luck man
 
There's an old saying for starting your own business while working a good paying job.
You have to bring the boat close enough to the dock so you don't get wet.
You need to make enough on your side business that you don't feel the effects financially of quitting your day job.

You can make things on nights and weekends, you can employee other part-time people that want to make extra money that can work from there own homes to make stuff on nights and weekends too. You don't need full-time employees that come to a building you own.
 
Lots of good advice has been given so far.

I'm not trying to poo-poo your idea, but I'm sure you know the statistics that 20% of small businesses fail in the first year, with 50% failing within 5 years. Make sure you have the financial wherewithal to not take a salary for the first couple of years, capital outlays for start-ups are tremendous and if you plan on borrowing money a strong balance sheet and reserve will be needed. (Have a business plan drawn up.)

You might want to think about hiring someone to do the sewing and manufacturing, while you continue to design the products. This would allow you to continue working your well paying job as the business ramps up to the point where you could make the leap.
 
Thanks for all the advice and comments. As most of you mentioned I was planning on doing it on the side and seeing what happens and building it up. I guess my actual question is am I stupid for even considering at some point leaving my job if this were to work out? I feel privileged to have the job I do and I feel almost guilty entertaining doing this on the side and maybe leaving some day. I am not sure that even makes sense.
 
Thanks for all the advice and comments. As most of you mentioned I was planning on doing it on the side and seeing what happens and building it up. I guess my actual question is am I stupid for even considering at some point leaving my job if this were to work out? I feel privileged to have the job I do and I feel almost guilty entertaining doing this on the side and maybe leaving some day. I am not sure that even makes sense.
I started a side gig selling fireworks years ago, I'm now importing and wholesaling. This was supposed to be one of my last years of having a real job as im almost big enough on the fireworks side to make a go at it full time while almost replacing my salary. Tarrifs are messing that up, and I thank the lord I still have hanford to keep me stable.
The draw to being your own boss is strong, and it's worth it. I don't think you should feel guilty entertaining it at all, though it can be. Scary process for sure. Ive had the same thoughts, and my friends that have made the jump all did as well.
 
I guess my actual question is am I stupid for even considering at some point leaving my job if this were to work out?

You may love being your own boss, or it might eat your lunch and the stress isn’t for you. Either way, some of the most annoying coworkers or employees are the guys about to go out on their own for the first time. It can cloud your judgement and many around you will know your heart isn’t into your current gig. In that case you should go out in the world - if it works out you’ll be happier as your own boss and if it doesn’t work out you’ll be a better employee.

The misses and many of our friends do corporate sales. Six figure corporate business to business sales jobs are everywhere if your sales skills are solid, and you are up on Salesforce, AI, Excel, zoom presentations, in-depth internet marketing, and all that other stuff you sales nerds talk about. If you step away and later need to get back into sales, it makes sense to keep your skillset as current as possible. It also makes you a better employee.
 
Most businesses fail. Good jobs that you really like are harder to find.

From what you are saying you are making, cut expenses more and invest more. With some luck, you can retire early and then do the side job full time.

I agree continue doing it as a side job and look for a part time employee (maybe a high school student).
 
I am in a similar-ish situation. I have decided to run my little (very little) side job and slowly build it to where I can semi-retire early and count on it as a nice part time retirement hobby.

I am aware of at least one small business exactly like you envision. They are paying the bills doing warranty repairs for outdoor brands and outdoor gear repairs for customers while they bring their own designs to market. Maybe something to consider. I know anytime I send warranty work to Sitka it gets routed to a contracted repair shop.
 
Keep in mind, if you hire someone to do the day to day labor, you're putting your future businesses reputation into their hands. You will not only have the admin side of your after hours gig to manage, but the personnel/HR side as well on top of that.

If you're not careful, you will not have time to take your business where you want to.
 
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