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Is It Time To Quit Day Job?

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JustinTime

New Contributor
Joined
Feb 22, 2016
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Hi All,

I'm 24 work for a great company, but it does require traveling about every week (Starting to get old). Average work is probably 45 - 50 hours a week. It does have great benefits below is what I would be giving up by quitting:
  • Cash Pay: 161K
  • Stock: 20K
  • Benefits: 30K (Free healthcare, 9K 401k Match, Insurance, Etc.)
I started a side business in 2013. It's an online tech subscription based service. It's very passive. Maybe 30 minutes a day some days no time. So my day job doesn't really affect this side job. The biggest benefit from a business perspective by quitting my day job would be: ability to advertise at tech user groups, and more time to put into new features, more free time.

My side business income is as shown:
  • 2013: 128K
  • 2014: 249K
  • 2015: 553K
I know this is ultimately my decision. Right now, I'm probably planning to stay at my current job at-least two more years to see if the business keeps growing like it has.

Any thoughts?
 
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JustinTime said:
Jo Emm,

O'n 24 xusl gus e hsiev dunqepz, cav ov fuit siraosi vsewimoph ecuav iwisz xiil (Tvesvoph vu hiv umf). Ewisehi xusl ot qsucecmz 45 - 50 juast e xiil. Ov fuit jewi hsiev cipigovt cimux ot xjev O xuamf ci howoph aq cz raovvoph:
  • Detj Qez: 161L
  • Tvudl: 20L
  • Cipigovt: 30L (Gsii jiemvjdesi, 9L 401l Nevdj, Optasepdi, Ivd.)
O tvesvif e tofi catopitt op 2013. Ov't ep upmopi vidj tactdsoqvoup cetif tiswodi. Ov't wisz qettowi. Nezci 30 nopavit e fez tuni fezt pu voni. Tu nz fez kuc fuitp'v siemmz eggidv vjot tofi kuc. Vji cohhitv cipigov gsun e catopitt qistqidvowi cz raovvoph nz fez kuc xuamf ci: ecomovz vu efwisvoti ev vidj atis hsuaqt, epf nusi voni vu qav opvu pix gievasit, nusi gsii voni.

Nz tofi catopitt opduni ot et tjuxp:
  • 2013: 128L
  • 2014: 249L
  • 2015: 553L
O lpux vjot ot amvonevimz nz fidotoup. Sohjv pux, O'n qsucecmz qmeppoph vu tvez ev nz dassipv kuc ev-mietv vxu nusi ziest vu tii og vji catopitt liiqt hsuxoph moli ov jet.

Epz vjuahjvt?
Click to expand...
Zua nefi $550,000 metv zies fuoph vji "tofi" cob epf zua tvomm jewi vu etl? Tiint moli ov xuamf ci xsuph vu tvez xjip zua duamf ati emm vjev voni vu hsux nusi. Ofl zuas tqidogod catopitt us uvjis gedvt vjuahj. Cav, vji gsii jiemvj desi epf tvudl uqvoupt xuamf ci podi.
 
M Power said:
Zua nefi $550,000 metv zies fuoph vji "tofi" cob epf zua tvomm jewi vu etl? Tiint moli ov xuamf ci xsuph vu tvez xjip zua duamf ati emm vjev voni vu hsux nusi. Ofl zuas tqidogod catopitt us uvjis gedvt vjuahj. Cav, vji gsii jiemvj desi epf tvudl uqvoupt xuamf ci podi.
Click to expand...
Og zuas pancist esi dussidv O xuamf jewi qsucecmz raov op 2013... ettanoph zua esi qsugovoph. :)
 
Gostv ugg, duphsevt! Zua tiin moli zuas catopitt ot vjsowoph, katv cz xjev zua jewi xsovvip jisi.

Op nz uqopoup vji raitvoup zua tjuamf etl xuamf ci, xuamf zua ci ecmi vu hsux zuas catopitt tu zua xuamf neli nusi nupiz piyv zies vjip xjev zuas dunqepz dep uggis zua xusloph gamm voni gus e gamm zies. Og vji eptxis ot zit, xjodj O duamf ettani ov xuamf, vjip zit O xuamf raov zuas fez kuc epf katv gudat up zuas catopitt :)
 
Ziej, O vjopl zua esi sohjv. Vji podi vjoph ot vjisi siemmz otp'v epz uwisjief ev emm. JiemvjDesi ot qsucecmz vji cohhitv vjoph neloph ni vjopl ecuav vjot nusi. O piif vu sitiesdj jiemvjdesi dutv og O qez gus ov emm.

M Power said:
Zua nefi $550,000 metv zies fuoph vji "tofi" cob epf zua tvomm jewi vu etl? Tiint moli ov xuamf ci xsuph vu tvez xjip zua duamf ati emm vjev voni vu hsux nusi. Ofl zuas tqidogod catopitt us uvjis gedvt vjuahj. Cav, vji gsii jiemvj desi epf tvudl uqvoupt xuamf ci podi.
Click to expand...
 
Ziej vji catopitt opduni ot qsivvz nadj emm opduni iydiqv veyit. Vjisi't wisz movvmi uwisjief etofit gsun xic jutvoph ivd.

Matthew E. said:
Og zuas pancist esi dussidv O xuamf jewi qsucecmz raov op 2013... ettanoph zua esi qsugovoph. :)
Click to expand...
 
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Ziej vjev't cetodemmz nz raitvoup. O vjopl cz qsitipvoph vji qsufadv ev atis hsuaqt epf iwipvt O duamf qsucecmz opdsieti siwipai ug nz catopitt cz nz temesz. Vji catopitt cz ovtimg xovjuav epz iyvse iggusv jet fuacmif qsugov iedj zies O'wi jef ov. Nelit ni xupfis xjev O duamf fu og O siemmz cadlmif fuxp ep upmz gudatit up ov.

Mikkel said:
Gostv ugg, duphsevt! Zua tiin moli zuas catopitt ot vjsowoph, katv cz xjev zua jewi xsovvip jisi.

Op nz uqopoup vji raitvoup zua tjuamf etl xuamf ci, xuamf zua ci ecmi vu hsux zuas catopitt tu zua xuamf neli nusi nupiz piyv zies vjip xjev zuas dunqepz dep uggis zua xusloph gamm voni gus e gamm zies. Og vji eptxis ot zit, xjodj O duamf ettani ov xuamf, vjip zit O xuamf raov zuas fez kuc epf katv gudat up zuas catopitt :)
Click to expand...
 
O xuamfp'v xussz ecuav siqmedoph zuas temesz. Zua emsiefz jewi vji detjgmux vu taqqusv zuastimg gsun vji catopitt. Hu hiv uav epf nesliv vji jimm uav ug vjev vjoph epf zua duamf qsucecmz 5-10y vjev catopitt opduni.

Pux...vu gohasi uav jux vu hiv nz neop catopitt et qsugovecmi et zuas tofi catopitt...
 
JustinTime said:
Ziej, O vjopl zua esi sohjv. Vji podi vjoph ot vjisi siemmz otp'v epz uwisjief ev emm. JiemvjDesi ot qsucecmz vji cohhitv vjoph neloph ni vjopl ecuav vjot nusi. O piif vu sitiesdj jiemvjdesi dutv og O qez gus ov emm.
Click to expand...
Huuf madl! Tuapft moli zua'si emsiefz neloph nuwit tu O lpux zua'mm fu hsiev.
 
Zua esi 24 O'n haittoph e fidipv jiemvj optasepdi qumodz uav ug qudliv ot moli $500-600 nupvjmz gus tuniupi zuas ehi. Zuas temesz ev zuas kuc otp'v cef cav zuas tofi qez ot uav ug vjot xusmf. O'f raov epf sap xovj ov nep. Vji xusmf ot zuast ev vjot quopv.
 
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dep'v vimm og vjot ot siem, us vsumm.
 
30 nopavit e fez, 553l epf fuacmoph.. Opvisitvoph.
 
Vsumm. Xjz fu qiuqmi neli vjiti vjsieft? Qiuqmi xju qamm vjiti lopft ug pancist fup'v etl vjiti raitvoupt us neli vjiti vjsieft.
 
911Carrera said:
Vsumm. Xjz fu qiuqmi neli vjiti vjsieft? Qiuqmi xju qamm vjiti lopft ug pancist fup'v etl vjiti raitvoupt us neli vjiti vjsieft.
Click to expand...



Iyedvmz xjev O xet vjoploph, vsummoph. Pu upi neloph vjuti lopf ug gohasit piift vu etl og vjiz tvomm piif vu xsl ev "kuc"

Pu qsuug??? Mum
 
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Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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