I just quit my job. I'm a little scared but excited and I'm ready to take on the world!
Today is my last day of employment and I wanted to take a few minutes to talk about it with you. Give people some insight on what it might feel like if you’re in this similar position, or frankly, just make fun of me if you want and think that I’m crazy.
Some days it still feels crazy. This point has been coming for a long time and is a very big event for me because, like many of you who may be watching this, I’ve had a job forever.
I was independent for a year but I kind of cheated because I had a 40-hour a week contract I thought that was going to be my buffer if you will. It still felt like full-time employment, but not quite, I’m still independent. I’m not a W-2, I’m just a contractor now. But now, it’s different. I don’t have the net, I’m fending for myself at this point. That’s not to say that I’ve cut the cord without any plan. I’ve been planning this for months, and I’ve had a couple of years to build up my business, the various side hustles that I do, make connections, get clients, feel the waters, that sort of thing.
I’ve managed to get to the point where we definitely can make it, it’s just a little scary at first. That’s the biggest thing I’ve seen so far. I’m a big planner and I’ve found that I’m able to logically explain this move to myself but quitting a hundred and fifty thousand dollars a year job, fully remote, all the flexibility in the world, awesome insurance, it’s more of an emotional thing at this point. Logically it’s fine because I’ve figured how much money our family spends on an average basis, I’ve seen how much money we have in savings. I even tested the waters with various clients and things to see if worse comes to worse, can I just pump out more articles or do more work and they said yes.
Logically it makes perfect sense. I know I want to do it, I know I have a very entrepreneurial spirit, and that’s just who I am. It’s just emotional at this point, it’s raw. I’m not quite as emotional my wife is about this scenario, but god bless her. She supports me and I very much appreciate that. But, I’m a little bit emotional, a little bit anxious because it’s the fear of the unknown. At some point in life, you need to just do it to be happy.
At this very early stage, being the very last day, it’s just more emotional. You’re anxious; you’re constantly going through those “what-if” scenarios in your head. As soon as you think “what if”, all the logic comes in and says that you’re being ridiculous. It’s that fight-or-flight response in your head from your amygdala. I have no regrets whatsoever now, I’m ecstatic to be able to be on my own and do my own thing. I’m getting a little anxious just thinking about it to be honest with you because it’s such a big life change for not only me but for my family.
To give you some background information, I’m the sole breadwinner in my family. My wife’s a stay-at-home mom and I have 2 kids. The financial burden is definitely there, so I think that the anxiety definitely has a reason to be there. That’s what I’m feeling now and my wife is feeling that way too. If you work for yourself, or you want to work for yourself and have a family and a wife that’s not like you, but supports you for everything you do, it’s going to be a lot more difficult for them. It’s been pretty difficult for my wife.
Every move that I’ve made in life has always been for the better of us, and we’ve always been better off for it, my track record is 100 percent. She knows how driven I am and she knows I can always make things happen, but it’s all about worrying what was given up.
Last time when I went independent, I was giving up a whole lot less. I gave up less than half of the salary that I’m making now. I enjoyed the work less than what I’m doing now, we had worse health insurance, worse benefits overall, it’s about what’s given up. That’s one thing that logically doesn’t make sense. You need to make that life change and you’re always worried about what you’re giving up when in reality, it doesn’t really matter. I don’t care if I’m giving up a billion dollars if I’m going to be happy I have to make that change.
It really doesn’t matter because, in your mind, you emotionally think “what if”. It’s just like Gary Vaynerchuk always says, “Would you rather have a BMW or a Toyota and be less happy?” It’s the same thing with this. I always felt like I was denying myself of my true potential, to be truly free to do what I want to do, choose my own projects, plan my life more, focus on what I love to do, feel fulfilled and to eventually make the money.
It’s been my experience that whenever I was solely focused on money, I would just hop jobs for five, ten thousand more a year. I did that for maybe four or five jobs, and I got to the point where I was making like thirty thousand more a year. I hated the last job, I absolutely hate it. Plus, I was only making an extra thirty thousand dollars a year. It wasn’t until I stepped outside my comfort zone and went completely independent contractor, to decide I’m going to make a big change in my life. That was the first time I’d went independent and I loved it.
My boss at the time wanted me to be on full-time and offered me a salary that I was at when I started, and it was awesome. I didn’t necessarily make that change for the money, sure the money was good but I wanted to be independent at the time. It made a huge change in more than my happiness. I’ve been much happier when I’ve been doing CarTalks, blogging, speaking and just getting involved more in the public light, and helping more people than what I’m used to.
I’ve been pursuing the things that I really love to do more, the money just naturally came. A lot of people say that the money will naturally come, don’t ever solely focus on the money. When I was hopping jobs I never took the risk to truly have the potential to make money. It wasn’t until I did, that the ball began rolling. It was this mindset thing that gave me the courage to do what I’m doing now, this being my last day of work from the best job that I’ve ever had.
It’s more you get used to it in a sense. It’s that first step that’s really hard to do, but once you take that first step you realize, “I didn’t lose the house. We’re still fine as a family”. Actually, when I look back, we’re a whole lot better off than we were before. That logical sense of you seems to cut down on that gut emotional reaction that you have. That’s kind of how I’m feeling today.
I hope to do more CarTalks and perhaps document how I feel during this process. I know some people want to do something similar, and I’m really a big proponent of giving back and paying it forward on whatever my experiences are. I want to make all the mistakes first so everyone else doesn’t have to make them for themselves. So, that’s how it is, last day at work, little anxious, no regrets, looking forward to seeing what’s ahead. Thanks!