5. Consider your options

With a timeline drawn up, you may be keen to start taking action. But I urge you still to be patient and first evaluate the possibilities that are on the table before rushing into executing your latest idea.

Grab a piece of paper and map out all the ideas you've ever had in the past; all the ideas that have come to mind through your exploration phase of reflecting on what's important to you; and any other ideas of how you might be able to make money outside of your current job.

When you feel you have a comprehensive overview - and this can take days, or weeks - then you can examine everything in front of you and start to look for patterns. What are the common themes? Are there multiple versions of the same core idea? Can you combine different ideas into one proposition?

Use your list of criteria to check your ideas to see if they will really give you what you're after, with the aim of coming up with a shortlist of tangible ideas that you believe could be worth pursuing.

If you don't know enough about a particular idea to decide if it's a good fit or not, then that's what you need to find out. Do some online research, speak to people already doing that kind of work, and try to fill in your knowledge gaps so you have a more complete picture of the options in front of you and you can make a more informed decision.