A common question I see coming up a lot, especially due to the surge of entrepreneurship, is “Should I quit my job?”. People want to quit their jobs and make it big after suffering financial hardships, hating their jobs, etc. I’m all about entrepreneurship, but I also want you to be smart with your money. I didn’t become an entrepreneur willy-nilly. It took hard work and dedication. So for those asking “Should I quit my job?” I’m giving you my two cents.
Before quitting your job and jumping into entrepreneurship, think things through. Many of the people who ask me if they should quit can’t even manage their own paychecks. Now, if you’re laid off or fired, then that’s a different story. But most of the time, people just don’t like working their current job and they are in a financial bind from not managing their money properly.
You can make more money with entrepreneurship, but it also takes a lot of work and responsibility. So before taking that responsibility on, take the time to sort out your financial responsibilities and get a side hustle. Stay at your job and figure everything else out on the side.
Will it suck? Yes. Will it be worth it if you do it right? YES! And on top of that, it’s a smart move vs. quitting your job and not knowing what the hell to do. Don’t make yourself sink or fly based on emotions.
Stop Comparing Yourself To Others
Stop comparing yourself to people like Grant Cardone and Gary Vaynerchuk. Don’t compare yourself to me. I’ve been doing this for nine years, and your year one won’t look like me. Take risks, but make them methodical. Don’t take risks just because you’re comparing yourself to other peoples success. Your path is not going to look like my path just like my path didn’t look like Gary V’s path.
Entrepreneurship Isn’t An End-All
I think entrepreneurship can work for many people, but that doesn’t mean it’s for everyone. Also, there’s nothing wrong with being an entrepreneur in addition to your day job (especially if it’s a cushy corporate job with benefits!).
Stop thinking of entrepreneurship as this end-all-be-all that you HAVE to achieve. Because you don’t. Sometimes you being tired of your job could just mean you need a better job. It doesn’t always mean to jump straight into entrepreneurship. The fact is that entrepreneurship is harder than any job you will ever have. So if you’re not ready to bring in the work and sacrifices, being an entrepreneur is not for you.
However, if you’re willing to put in the work, and you’re willing to be smart with the risks you take, you can be successful in your entrepreneurship journey.
So, should you quit your job? That’s not up to me to tell you. But I will tell you that quitting your job won’t automatically solve your money, health, or wellness issues. Be smart about whatever decision you make.
Resources that are mentioned or add value to this episode:
- Persuade To Profit
- Make Money Your Honey Book
- How To Earn $50k as An Influencer Webinar
- How to Manage a Full-Time Job and Starting a Business