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Do I need to switch jobs?

Discussion in 'Hustles, Freelancing, Bootstrapping' started by Jambla, Dec 5, 2017.

  1. Jambla
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    Jambla Bronze Contributor Speedway Pass

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    I think I know the answer to this. However, getting your opinions will help me make a decision.

    Couple of years ago I took a job with a friend in his family’s company. Long hours, I work in the office from 7am -5pm. The pay is decent, above average. The problem is the job drains my mental energy. I have never worked at a place like it, from the time I get in to the time I go it is nonstop. Some days I come home completely drained. This job is effecting my ability to work on my own business.

    I have been thinking about changing jobs. I could take a pay cut and work a new 9-5 job. Less hours would mean I could work on my business for a few hours in the morning before I go to my day job and before my baby daughter wakes up. The new job would not be as tiring leaving me more productive in the evenings at home.

    The other Idea I had was to freelance. It would require short-term diversion from my business while I focused on a skill and winning jobs. Once that had a steady income I could leave my day job.
     
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  2. Van Halen
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    Van Halen Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    For the freelance question, do you have skills you can use already or will you be learning one from scratch to freelance?
     
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  3. ZCP
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    ZCP Platinum Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Have you talked to the current job about less time / more pay / etc.?
    You never know unless you ask....
     
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  4. jazz
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    jazz New Contributor Read Millionaire Fastlane

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    This is just my personal anecdote. You can see that I joined the forum about a year ago. I was in a job that was draining me. I dreaded going into work everyday.

    I recently changed jobs into a different industry making less money. It's way less stress and I have more time for myself. Yeah, my finances are a little weaker, but now, I'm no longer on the road to being burned out. It's all about making the journey work for you.
     
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  5. pmaloneus
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    pmaloneus New Contributor

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    What about taking some of the money you would be giving up and using that to outsource the work that you would normally have to do. This might not be possible in all cases, but thought i'd mention it.
     
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  6. Jambla
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    Jambla Bronze Contributor Speedway Pass

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    Thanks for your replies guys.

    The first thing I am doing is changing my schedule. At the moment it’s not working. I am getting home from work not getting enough done.

    The new schedule looks like this

    4.00am Wake
    4.15am Buisness
    6.15am Get ready for day Job
    7.00am Day Job
    5.30pm Time with Daughter & Wife
    7.30pm Dinner With Wife
    8.00pm Business / Time with Wife / Gym
    9/10 pm Sleep

    With the new schedule I will be able to get a couple of hour’s uninterrupted work done in the morning while having 100% mental capacity. Then I can do so some in the evening.

    My main objective is still to free up more time to work on a Fastlane business.

    I didn’t mention that I already have an FBA business that turns a small profit.

    My options are

    Get a new job
    Free lance
    Focus more on FBA business

    I’m leaning towards the FBA. I have being doing this for 18 months but haven’t done that well but learnt a lot. However I just launched a new product that is doing well. I believe I can now replicate what I did onto other products.

    The aim would be to quit my job after I have turned over 3 consistent months of desired profit. I understand this can be risky. To achieve this quicker I am going to have to source products by air. Currently I only do sea freight.
     
    cmor16 and Arun Siva like this.