Are you thinking of quitting your job and striking it out on your own? Did you just get back from vacation and are sick and tired of your job and want to just quit and start your own business? Is your emotional side speaking to you right now? If so… Don’t listen to your emotions and don’t quit just yet. Purchase this audiobook for $5.95 USD and listen to it! Especially now that you still have an income stream…
Here are my takeaways from this book:
- Don’t quit right now
- Make a plan
- Quit when the time is right
- If you quit, things won’t become perfect, you will still have bills to pay, and people will start nagging you to find work.
- If you quit right now, you won’t be able to take out “that loan” which you will need to start your business
- You will not have peace of mind when you come up with that idea because you will instead be worrying about your bills and other obligations.
- You will not take any intellectual risks.
- You won’t be willing to spend money on things related to starting your own business.
- It may be a matter of months before you quit, not years.
- Quitting will not solve your problems.
Okay, so let’s say you quit today because you “feel” like quitting and emotion has overrun your mind. You quit, you go on a 1 month trip through Europe or Asia and when you get back you have an idea for a business. You look at your now stagnant bank account and realize that buying that new suit or nice shoes so that you can look your best while pitching this idea is not really in your budget. If you made this business plan while still working, you would have budgeting for this amount of money properly. Another idea is to start using your vacation and sick days more often so that you can make this plan while you are still employed.
Want to quit?
- Stay an extra month and replenish your wardrobe with new clothing
- Pay down your credit card (I don’t have credit card debt, no worse thing you can do to yourself)
- Fully revamp your home office and upgrade your computer
Because after you quit you will have to move in to your parents house because you can’t afford your rent, and every single day your parents will – and rightfully so – tell you to get a job and ask you how you are going to get back on your feet.
And finally, the best thing I learned from this book:
- Practice excellence at your current job, otherwise the bad habits that you form right now that you are “burnt out” will carry over with you to your own business.