How to start a business after being laid off from your job

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How to start a business after being laid off from your job
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Getting laid off from PayPal was a blessing in disguise that enabled me to turn my online side hustle into a full-time business

"My initial reaction was relief more than anything because I felt like this was the push that I needed," she said, adding that the big job, the cushy salary, the unlimited PTO, and the fully remote schedule"were like golden handcuffs."

Making the leap has been worth the risk. In 2022 she booked five figures in net profits, and in the first quarter of 2023 she nearly surpassed that number, documents she shared with Insider showed. She's on track to book six figures in net profits this year.

 

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