This Co-Founder Explains How He Determined When to Quit His Day Job and Become a Full-Time EntrepreneurEntrepreneurship can be scary, but that's what makes it rewarding.

ByRose Leadem

Opinions expressed by Entrepreneur contributors are their own.

With entrepreneurship comes a lot ofrisk. And for Calvin Bohn, the co-founder and COO ofSmalls, a company that creates cat food using human-grade ingredients, that risk meantquittinghis day job to become an entrepreneur full-time with his partner Matthew Michaelson.

Related:5 Crucial Steps for Launching a Business This Year

After talking aboutlaunching a businessfor some time, Bohn and Michaelson decided to take the plunge into entrepreneurship, investing all of their time and most of their money into a project that they weren't sure the future of.

"It became very clear that it was impossible to get this done on the side," says Bohn in the video. "[I] took the plunge, quit my day job and started doing this full-time with nothing more than a little bit of money in the bank to carry us for a few months."

Related:5 Things Every Entrepreneur Should Know About Risk-Taking

As an entrepreneur, often this is one of the choices you'll face early on in business. And while it can be scary at times, it can also be tremendously rewarding. However, you'll need to be able to stomach the risk in order to take the plunge.

To learn how Bohn did so, click play to watch the video.

This video was shot at Pilotworks.

Wavy Line
Rose Leadem is a freelance writer for Entrepreneur.com.

Editor's Pick

Related Topics

Business Solutions

Learn to Program an AI Chatbot for Your Business in This $30 Course

Get back-to-school savings on this AI coding course.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Data & Recovery

Get 1TB of Cloud Storage for Life for $119.97 With This Back-to-School Sale

This 1TB Cloud Storage Solution Is Only $119.97 for Back to School

Leadership

This Common Leadership Habit Will Harm Your Credibility. Are You Guilty of It?

As leaders, we're always looking for ways to build credibility among peers and employees. But this easy-to-make mistake can ruin it in an instant.

Business News

Netflix is Hiring an AI-Focused Role—and the Starting Salary is up to $900,000

The streaming giant is looking for a leader in its machine learning department.