How to Prep for Business Ownership While Still Employed


Hi Reader

Here's the dilemma:

You’re making great money in a high-powered W2 job, yet you feel trapped.

Every Sunday night brings a pit in your stomach. You toggle between gratitude for the paycheck and a quiet longing for autonomy.

It’s the golden handcuffs dilemma: a salary, stock options, and comfort—at the cost of control, freedom, and fulfillment.

On one hand, walking away seems crazy—who gives up stability and status? On the other, there’s a growing sense that staying might be costing you far more in the long run.

This internal tug-of-war is common. And today, we’re breaking down why it happens—and how to flip the script.

The Psychological Traps That Keep You Stuck

Even smart, capable professionals get caught in mental loops that keep them stuck. Recognizing these patterns is the first step toward breaking free.

  1. Sunk Cost Fallacy “I’ve already put 15+ years into this career—leaving now would waste it.” That’s your past investment talking. But those years are gone either way. Your experience isn’t lost—it can be repurposed in a business you own. Don’t let the past lock you into a future you no longer want.
  2. Status Quo Bias “Better the devil you know…” We’re wired to favor the familiar—even if it makes us miserable. Change equals uncertainty, and that triggers discomfort. But not choosing change is still a choice—and often a costly one.
  3. Risk Aversion The guaranteed salary feels more real than the upside of ownership. We fixate on what we might lose, not what we’re already losing: time, autonomy, potential wealth. Your brain’s default is to play it safe—even when that safety is a mirage.

These biases are invisible chains. But once you spot them, you can begin to break them.

But most people don't. Here's why:

What Doesn’t Work (And Why Most People Stay Stuck)

Not everyone breaks free. And it’s not because they lack talent—it’s because they follow paths that feel “safe” but silently erode long-term freedom.

Here’s what traps most would-be entrepreneurs:

  1. Climbing the Corporate Ladder It feels like progress—more pay, more title. But it’s a treadmill. The higher you go, the harder it becomes to pivot. You’re still building someone else’s empire.
  2. Waiting for the “Perfect Time” There will never be a perfect alignment of time, money, and courage. Waiting becomes a stall tactic. Life moves—and your compounding window shrinks with every delay.
  3. “Just One More Year” Thinking This mindset kills more dreams than failure ever could. “Let me vest, let me hit my bonus…” One year becomes five. By the time you’re finally ready, you’re stuck by your own success.
  4. Starting From Scratch You finally leap—but into a startup. No customers. No revenue. High stress. Most fail or fizzle. Owning something established beats reinventing the wheel.
  5. Confusing Comfort for Security Stable job? Maybe. But restructures, AI, and market shifts don’t care about your title. Your “security” can vanish overnight—and then you’re left with no leverage.

From Employee to Owner: A Realistic Path Forward

So how do you escape the golden handcuffs without free-falling into chaos?

Not by quitting in a blaze of glory.

For the strategic, numbers-driven professional, the smarter move is buying a business. It’s a controlled leap—one with customers, cash flow, and infrastructure already in place.

When you acquire a business, you’re not starting from zero. You’re stepping into something proven. Often, banks will lend against the business itself, reducing the need for personal capital. For someone used to analyzing risk and return, this turns the leap into a calculated move.

Even better—it hits your psychological pressure points head-on:

Less Start-up Risk: You’re not guessing. You have historical financials, customer data, and operational continuity. This helps calm risk aversion and push through status quo inertia.

Immediate Autonomy: You set the direction, fix the bottlenecks, and build the asset. No more waiting for approvals or dealing with broken org charts. That sense of control? It fuels motivation and restores energy.

Your Experience, Reframed: Your years in corporate don’t go to waste—they become the very edge you bring to your new business. You’re not starting over. You’re applying hard-won skills in a higher-leverage setting.

Meet Jane: From Corporate Burnout to Owner Impact

Jane was a 45-year-old senior marketing exec at a Fortune 500 company. High salary, big title—but she felt stuck. Conference calls and PowerPoints had replaced purpose.

Then a close colleague was laid off. It shook her. Even a “safe” job could vanish overnight.

Quietly, Jane began searching for a business to buy. She focused on what she knew: marketing. Within a year, she acquired a profitable agency with 15 employees.

Was it easy? No. But they were her challenges now. She owned the results. She reworked strategy, built stronger client ties, and grew revenue.

A year in, she still works hard—but for herself. Every late night is an investment in her own legacy. Her only regret? Not moving sooner.

Jane’s story isn’t a unicorn. It’s what happens when you trade paralysis for a plan.

Breaking Free: A Tactical Action Plan

Here’s how to escape the traps and build real momentum—strategically and psychologically.

  1. Build Conviction with Small Wins Study deals. Read about acquisitions. Analyze a listing each week. Talk to owners or brokers. Small reps reduce fear and increase clarity.
  2. Get Deal Reps Without Committing You wouldn’t buy the first house you saw. Practice reviewing deals. Attend meetups. Help someone else on their acquisition. Build pattern recognition while still collecting a paycheck.
  3. Build Accountability Structures Set public goals. Find a mentor. Join a community. Set timelines. Accountability fuels action. Progress becomes inevitable when others are watching.
  4. Rewire Your Mental Models
  • Flip the Risk Script: Staying may be the riskier bet—burnout, missed upside, obsolescence.
  • Regret Minimization: At 80, which would you regret more: trying and failing, or never trying?
  • Two-Way Door Thinking: This isn’t permanent. You can return to corporate life—likely stronger and wiser.
  • Opportunity Cost > Sunk Cost: Each month you stay, you give up equity, autonomy, and future wealth. Measure that.

Final Thought This isn’t just a financial shift—it’s a psychological one.

You’ll wrestle with doubt, fear, and inertia. But now you have the playbook. Others have done this. So can you.

So ask yourself: what’s riskier—leaving your comfortable job, or looking up a decade from now still wondering what could’ve been?

The best time to buy a business may have been five years ago.

The second best is right now.

What's your next move?

- Eric

Buyers Black Book

DISCLAIMER:

I am a lawyer but not your lawyer (unless we so happen to be working a deal together pursuant to a written engagement agreement). This newsletter is for educational and informational purposes only and nothing in this or any other issues is intended as legal or financial advice and cannot be relied on as such. Do your own diligence and consult with your own lawyer or financial advisor before taking any action on your deals. Nothing in this newsletter is intended to solicit your business in any way and should not be interpreted in any way as legal advertising.

This newsletter is wholly owned and operated by FTA Resources, LLC.

Copyright 2024, FTA Resources, LLC. All rights reserved.

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