Most people dream of quitting their 9-5, booking a one-way ticket somewhere warm, and never looking back. But how do you make that happen without ending up in a financial crisis?
That’s exactly what Lámidé Elizabeth figured out. In our episode with her, she shared how she transitioned from investment banking in Dubai to becoming a digital nomad. Now, she splits her time between Dubai, South Africa, and London, all while building multiple income streams and designing a life with more freedom. This article breaks down her journey—and what you should know if you’re thinking of making a similar leap.
Why She Walked Away from Corporate Life
Lámidé always knew that investment banking wasn’t a long-term plan. She spent years gaining experience—switching teams, moving countries, and constantly learning. But eventually, she realised:"I’ve learned a lot, but the things I’m learning now aren’t going to help me with what I actually want to do." That was when she decided to make her next big move—leaving her corporate job in Dubai to focus on building her own business.
How She Set Herself Up for Financial Freedom
Lámidé didn’t simply wake up one day, quit her job, and hope for the best. She made intentional financial decisions to give herself security before taking the leap:
✅ She tested her earning potential before quitting. While still employed, she experimented with side projects and small business ideas to see what actually worked. By doing this early, she proved to herself that she could generate income independently before taking the leap.
✅ She built multiple income streams. Instead of relying on one source of income, she explored different ways to earn through content creation, consulting, brand partnerships, digital products and property investment. This gave her financial flexibility and reduced the risk of depending on a single paycheck.
✅ She adjusted her spending habits. She focused on saving and reducing unnecessary expenses so that she had a financial cushion before quitting. This allowed her to take risks without constant financial stress.
✅ She gave herself a financial runway. Instead of jumping in with no plan, she built savings that covered her basic expenses for several months, so she had time to grow her business without immediate pressure.
The Reality of Entrepreneurship: A Different Kind of Stress
Many assume that leaving a 9-5 means escaping stress. The reality? The pressure doesn’t disappear—it simply changes.
"In banking, I’d be stressed for two weeks when a deal was happening. Now, I have consistent pressure because I’m responsible for everything. But the difference is, it’s for something I want to build."
That shift in mindset is crucial. If you’re planning to leave your job, understand that while you’ll gain more freedom, you’ll also take on new responsibilities. The best way to handle this transition is to prepare financially, build a strong network, and start earning outside your 9-5 before you quit.
Setting Yourself Up for Financial Freedom
Lámidé didn’t wait until she quit to start building financial security—she put key income streams in place before leaving her job. If your goal is to start a business or create passive income for yourself, our free guide, Build Your Audience & Make Sales - Fast!, will show you how to attract your ideal customers and start generating income on your own terms.
Thinking of Quitting Your 9-5? Watch This First
Lámidé shares even more insights on building wealth, making smart financial decisions, and navigating the transition from corporate life to entrepreneurship. If financial freedom is your goal, this conversation is an essential watch
Watch the full interview on YouTube & listen on Spotify!
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