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HOT TOPIC Is this a good time to quit job? *options inside - need input*

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DrScream

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So I finally have a decent plan for quitting my job and I wanted to share it in case any of you guys find a hole or blind spot I'm missing as I'm young and I've never made a decision this big.

I'm starting up my gutter cleaning and pressure washing gig. I have about 4k cash right now and am still working my fulltime job.

I'm seeing 2 options

A) I quit my job and start pumping money into marketing to grow my business and start making money. My current job is super toxic and the employees there are always talking crap about me and each other. This wears on my mental health heavily so leaving it will be a breath of fresh air. I already have the equipment and everything I need to get started and I've got my expenses down to about $400 per month so the $4k will last me a decent amount of time. The only thing that concerns me is this mix of recession and coronavirus. This leads me to the second option.

B) Stick to my job for a few more months and get an even bigger cushion of cash saved up before taking the leap to doing my business fulltime. This will allow me to save at least 10k cash because I have a union job and we work for the railroad so even if all other jobs are cut, I'm considered "essential personnel" so I need to work. I hate this because I'm exposed to the virus more frequently than others statistically (another benefit of quitting would be less of this). Another benefit to not quitting right away is the fact that I make 5 years in a few months and after 5 you're guaranteed railroad retirement.

So based on these facts this far, what do you guys think of the options? I'm sure theres more plans like getting another job rather than this one and work that job while also doing the business so itll be part time and I'll have more freedom to work my business. This job really is hindering my ability to focus because I spend a lot of energy around negative thoughts perpetuated by the employees who are always so fake with each other and then talk smack about each other behind their backs. I dislike these kinds of people because they dont breed anything positive into existence from my POV.

Thoughts?
 

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sparechange

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DUmp the job and stop being afraid
 
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DrScream

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DUmp the job and stop being afraid
Simple and to the point. I like it. I'll wait for some further analysis from other users. Do you think 4k is a safe enough net? I'm all for burning the boats metaphorically speaking.
 

sparechange

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Simple and to the point. I like it. I'll wait for some further analysis from other users. Do you think 4k is a safe enough net? I'm all for burning the boats metaphorically speaking.
If you have 10 months of living expenses and are scared about being self employed entrepreneurship is NOT for you.

You can always get a job in the worst case scenario if needed.
 

Val Okafor

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$4K is not a lot of money by any measure. If you have endured your job thus far, you can endure until the end of the year. Entrepreneurship is not anti-commonsense.

I am more concerned about starting on the path of entrepreneurship and quitting than starting late. Can you start this new business on the sideline? Can you hire people to do some of the work?

Please think it through, focus more on how you can get clients and revenue lined up or coming in fast versus focusing on how toxic your work, entrepreneurship could be as equally as brutal as your job if not more.

Goodluck!
 

Silverfox148

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My take:

If you have no one depending on you go for it, even if not successful the first time around, you will gain valuable experience and get you more comfortable with risk.

A 9-5 drains you, especially if you are giving it your all and holding your end of the bargain with the employer.
 
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DrScream

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If you have 10 months of living expenses and are scared about being self employed entrepreneurship is NOT for you.

You can always get a job in the worst case scenario if needed.
Thanks. I'm not necessarily scared about it. I'm more so getting an outsider's perspective. I have a tendency to look at things too optimistically and wanted a more objective viewpoint is all. Thanks for your feedback.
$4K is not a lot of money by any measure. If you have endured your job thus far, you can endure until the end of the year. Entrepreneurship is not anti-commonsense.

I am more concerned about starting on the path of entrepreneurship and quitting than starting late. Can you start this new business on the sideline? Can you hire people to do some of the work?

Please think it through, focus more on how you can get clients and revenue lined up or coming in fast versus focusing on how toxic your work, entrepreneurship could be as equally as brutal as your job if not more.

Goodluck!
I'm going to do that. Pump a bit of advertising to get some clients on the side.
My take:

If you have no one depending on you go for it, even if not successful the first time around, you will gain valuable experience and get you more comfortable with risk.

A 9-5 drains you, especially if you are giving it your all and holding your end of the bargain with the employer.
Agreed. I dont have any dependening on me thankfully. I think I'm in about as good of a position as I'll ever be to quit.
$400 monthly expenses? How? I'm envious!

Side thought - I should find me a sugar momma haha.
This doesnt include rent which if I quit I'd go live with my mom for a bit. The $400 goes down even lower when I remove car insurance and my credit card bills.
 

SeanODG

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Agreeing with others: going for it when you have that much of a cushion/low living expenses makes sense.

Let me push on one thing though: why advertising?

I think, in almost all circumstances, it makes sense to begin by getting customers the old fashion way....going out into the world and making sales. This is a better way to get sales in the beginning and gives you insight into how your customers think

It's also free!
 

sparechange

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I'm going to do that. Pump a bit of advertising to get some clients on the side.

Hell no, as someone that did lawn care service in the past, advertising is the last thing you need to do, go out there and knock on doors, print little flyers and stick them on doors around the neighborhood.

Don't bother spending money on advertising, I didn't even have a lawnmower at the time and after getting fired from my job since I was a horrible employee & day dreaming about business, (I spent time doodling on a piece of paper figuring out how many clients I need etc etc.

I walked up the street from my work and knocked on doors in the neighborhood (without a lawnmower) and pitched lawn care services with a verbal agreement, you'll need to be slick and smooth, build rapport quickly and close a sale or whatever you wanna call it in less than 20 seconds, be very friendly and smiley and provide a great service, then go overboard by doing more than what is expected from your customer & hold on to them. My biggest customers have been repeats, which actually helped feed myself considering I was out of work.

The next day I bought a new lawnmower and did the work & earned one of the first $20 bills from a paying customer!

Rinse and repeat.
 
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DrScream

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Agreeing with others: going for it when you have that much of a cushion/low living expenses makes sense.

Let me push on one thing though: why advertising?

I think, in almost all circumstances, it makes sense to begin by getting customers the old fashion way....going out into the world and making sales. This is a better way to get sales in the beginning and gives you insight into how your customers think

It's also free!
I thought advertising was everything under the sun. My mistake. I meant to go door to door and use flyers as a marketing tool. I'm also mentioning it to friends and family as well.
Hell no, as someone that did lawn care service in the past, advertising is the last thing you need to do, go out there and knock on doors, print little flyers and stick them on doors around the neighborhood.

Don't bother spending money on advertising, I didn't even have a lawnmower at the time and after getting fired from my job since I was a horrible employee & day dreaming about business, (I spent time doodling on a piece of paper figuring out how many clients I need etc etc.

I walked up the street from my work and knocked on doors in the neighborhood (without a lawnmower) and pitched lawn care services with a verbal agreement, you'll need to be slick and smooth, build rapport quickly and close a sale or whatever you wanna call it in less than 20 seconds, be very friendly and smiley and provide a great service, then go overboard by doing more than what is expected from your customer & hold on to them. My biggest customers have been repeats, which actually helped feed myself considering I was out of work.

The next day I bought a new lawnmower and did the work & earned one of the first $20 bills from a paying customer!

Rinse and repeat.
Yeah that's what I meant by advertising although I've heard people have really good results with pumping their business to #1 spot on places like Yelp and home advisor so I figured I'd throw a bit of money at that as well. Already contacted about 50 friends and family about my service and got a gutter cleaning job lined up.
 

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sparechange

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I thought advertising was everything under the sun. My mistake. I meant to go door to door and use flyers as a marketing tool. I'm also mentioning it to friends and family as well.

Yeah that's what I meant by advertising although I've heard people have really good results with pumping their business to #1 spot on places like Yelp and home advisor so I figured I'd throw a bit of money at that as well. Already contacted about 50 friends and family about my service and got a gutter cleaning job lined up.

That's awesome! Now just repeat the process a few hundred times over and you can double, triple, quadruple that $4k with some hard work.

Ditch the idea of yelp. DO NOT spend money right now, everything should be organic. Knock on doors until your knuckles hurt and then knock some more. Learn how to talk to people and make them feel comfortable around you.

And leave your friends & family alone, build a business upon random strangers.
 
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DrScream

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That's awesome! Now just repeat the process a few hundred times over and you can double, triple, quadruple that $4k with some hard work.

Ditch the idea of yelp. DO NOT spend money right now, everything should be organic. Knock on doors until your knuckles hurt and then knock some more. Learn how to talk to people and make them feel comfortable around you.

And leave your friends & family alone, build a business upon random strangers.
I only contacted family to do FREE work for them if they were interested. This gives me the benefit of practicing my craft and them free labor.
 

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There is never a good time to quit your job. Every time is a bad time. You will always find an excuse for sticking with your job, and if you want to quit, you will always find a reason to quit!

Only you can answer this question. Internet strangers are not the right people to ask.
 
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DrScream

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There is never a good time to quit your job. Every time is a bad time. You will always find an excuse for sticking with your job, and if you want to quit, you will always find a reason to quit!

Only you can answer this question. Internet strangers are not the right people to ask.
I agree. I even mentioned this. I dont want you to make the decision for me. Just wanted a bird's eye view from someone not emotionally attached to the outcome. Thanks for your input
 

EVMaso

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B!

This is not the time to burn the boats. People will be tightening their wallets soon, and "extras" like keeping a squeaky clean driveway might get bumped lower in the priority depth chart.

It's just uncertain times now, but if you do decide to go for it, I'd build up a bigger runway first. The last thing you would want to happen is having to put your growing biz on hold and find another job because some random emergency sucked all your funds.
 
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DrScream

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B!

This is not the time to burn the boats. People will be tightening their wallets soon, and "extras" like keeping a squeaky clean driveway might get bumped lower in the priority depth chart.

It's just uncertain times now, but if you do decide to go for it, I'd build up a bigger runway first. The last thing you would want to happen is having to put your growing biz on hold and find another job because some random emergency sucked all your funds.
You're 100% right on that. I've decided to suck it up temporarily as the future is unclear right now. If we go into a prolonged recession then I'll need every penny I can get. I'll just work the business on the side on my days off for extra income.

Thanks for the input!
 

sparechange

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So you will already quit before starting?

31544

10 months of savings with the backup of family and you are not going to go allin? You are not cut out for entrepreneurship, hold on to the job then.
 

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So you will already quit before starting?

View attachment 31544

10 months of savings with the backup of family and you are not going to go allin? You are not cut out for entrepreneurship, hold on to the job then.
Would it really be wise to jump head first into something like this with a bunch of economic uncertainty in the upcoming months? Someone else already mentioned it but, his service would provide one of those "nice to have" extras that people may not be willing to pay for if we're all hurting.

Yeah he can go out and find the right customers that will pay regardless, but it may be best to build up a client base during his spare time while keeping his job to grow that cushion he has.

Entrepreneurship is solving problems more than it is giving the middle finger to a job. I wouldn't say he's not cut out for it by choosing the more logical route in this climate.
 
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DrScream

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So you will already quit before starting?

View attachment 31544

10 months of savings with the backup of family and you are not going to go allin? You are not cut out for entrepreneurship, hold on to the job then.
I'm not saying no to it. I'm just going to wait out the next few weeks to see how it goes. Shit, the way things are going I may not even have a job in a few weeks and may just have to go full-time. Boo to you for jumping to conclusions, Spare ;)

Would it really be wise to jump head first into something like this with a bunch of economic uncertainty in the upcoming months? Someone else already mentioned it but, his service would provide one of those "nice to have" extras that people may not be willing to pay for if we're all hurting.

Yeah he can go out and find the right customers that will pay regardless, but it may be best to build up a client base during his spare time while keeping his job to grow that cushion he has.

Entrepreneurship is solving problems more than it is giving the middle finger to a job. I wouldn't say he's not cut out for it by choosing the more logical route in this climate.
Not disagreeing with you OR Spare. I'm sure he means well haha. I'm just going to wait out a few weeks at the minimum and then I'll decide. That'll give me an even longer safety cushion of reserve. Thanks for the input :)
 

sparechange

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Would it really be wise to jump head first into something like this with a bunch of economic uncertainty in the upcoming months? Someone else already mentioned it but, his service would provide one of those "nice to have" extras that people may not be willing to pay for if we're all hurting.

Yeah he can go out and find the right customers that will pay regardless, but it may be best to build up a client base during his spare time while keeping his job to grow that cushion he has.

Entrepreneurship is solving problems more than it is giving the middle finger to a job. I wouldn't say he's not cut out for it by choosing the more logical route in this climate.
If he cant come up with a profitable business inside 10 months with the backup of family that is playing it safe, risks need to be taken.

He hates his job, that's bad for his health mentally #1

. My current job is super toxic and the employees there are always talking crap about me and each other. This wears on my mental health heavily so leaving it will be a breath of fresh air.


What is more realistic? Slave a shitty job for a shitty salary? What's he making $20 hr? $400 a month in living expenses is nothing.

Only 10 customers to pay him $40 for his services covers his life exp. If he can't come up with 10 customers in a single month hes better off suited for a job.

AND he even has $4k saved up.

Is it really that much work to get 10 customers? That you need to be a slave to a paycheck for ''security''

It would be a great learning experience, the ''gun to your head situation'' except there is no worst case scenario. He goes to live at home and sucks up a massive failure, eats a serving of humble pie. Something that will stick with him forever.

What if he succeeds? How will his life change? Does he work at a shitty job? Exposing himself to toxic douchebags at work?

You gotta be nuts! And I thought I was crazy!
 

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If he cant come up with a profitable business inside 10 months with the backup of family that is playing it safe, risks need to be taken.

He hates his job, that's bad for his health mentally #1

. My current job is super toxic and the employees there are always talking crap about me and each other. This wears on my mental health heavily so leaving it will be a breath of fresh air.


What is more realistic? Slave a shitty job for a shitty salary? What's he making $20 hr? $400 a month in living expenses is nothing.

Only 10 customers to pay him $40 for his services covers his life exp. If he can't come up with 10 customers in a single month hes better off suited for a job.

AND he even has $4k saved up.

Is it really that much work to get 10 customers? That you need to be a slave to a paycheck for ''security''

It would be a great learning experience, the ''gun to your head situation'' except there is no worst case scenario. He goes to live at home and suck up a massive failure. Something that will stick with him forever.

What if he suceeds?
God damn it, change! Give me at least a month!

Haha all jokes aside I'm already dead set on quitting. I want to wait till the COVID19 thing just slows down a little so my decision isnt based entirely on the fly. I get entrepreneurship requires risk and I've been doing entrepreneurship since I was a little kid. All I've ever done is hustle people in and outside of school for a buck. I know I'll make it. Hell, all I need is TWO clients paying me 200 for the gutter cleaning business and I'll be covered. I can manage to get 2 customers.

A part of me feels that burning the boats and lighting a fire under my a$$ is the only way I'll succeed as this pay check life has bred a lot of patterns associated with the comfort. I'm not excusing my behavior because I know it's self prescribed but just facing the reality.

Please keep telling me I'm not cut out for it. Makes me want to prove you wrong even more. ;)
 

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God damn it, change! Give me at least a month!

Haha all jokes aside I'm already dead set on quitting. I want to wait till the COVID19 thing just slows down a little so my decision isnt based entirely on the fly. I get entrepreneurship requires risk and I've been doing entrepreneurship since I was a little kid. All I've ever done is hustle people in and outside of school for a buck. I know I'll make it. Hell, all I need is TWO clients paying me 200 for the gutter cleaning business and I'll be covered. I can manage to get 2 customers.

A part of me feels that burning the boats and lighting a fire under my a$$ is the only way I'll succeed as this pay check life has bred a lot of patterns associated with the comfort. I'm not excusing my behavior because I know it's self prescribed but just facing the reality.

Please keep telling me I'm not cut out for it. Makes me want to prove you wrong even more. ;)
You can get two clients for $200?

Lets see it. Actions always speak louder than words.
 
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DrScream

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You can get two clients for $200?

Lets see it. Actions always speak louder than words.
There I go putting my foot in my mouth again xD

Alright i guarantee I'll have 2 clients paying me by the end of next week Friday april 3rd. I'm still setting up the business page and the flyers are en route. I've got 1 client already for monday but it's a family friend and it's free labor so that doesnt count.
 

sparechange

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There I go putting my foot in my mouth again xD

Alright i guarantee I'll have 2 clients paying me by the end of next week Friday april 3rd. I'm still setting up the business page and the flyers are en route. I've got 1 client already for monday but it's a family friend and it's free labor so that doesnt count.
You don't need flyers now, you don't need a business page now. You need customers now

Literally get off your a$$ and knock on someones door and pitch, do 100 houses and close at least 1 person.
 
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DrScream

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You don't need flyers now, you don't need a business page now. You need customers now

Literally get off your a$$ and knock on someones door and pitch, do 100 houses and close at least 1 person.
Can you take a look at my pitch? this is what I've got planned. (Open to constructive criticism)

-Go to first house and get their name (used at next house to build trust and rapport)
-Go a few houses down
Me: hey there. I was just doing your neighbor Jerry's gutters and I noticed you had some leaves piled up and wanted to come and extend an offer to see if you'd be interested in my services.
Them: no. F*ck off.
Me: very well. *drop kicks customer*

How's that? XD (second half is a joke)
 

sparechange

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Can you take a look at my pitch? this is what I've got planned. (Open to constructive criticism)

-Go to first house and get their name (used at next house to build trust and rapport)
-Go a few houses down
Me: hey there. I was just doing your neighbor Jerry's gutters and I noticed you had some leaves piled up and wanted to come and extend an offer to see if you'd be interested in my services.
Them: no. F*ck off.
Me: very well. *drop kicks customer*

How's that? XD (second half is a joke)
I actually like the drop kicking part if they refuse services, I'll need to keep that in mind when I do my own pitches...

You could go the name approach although in my area personally have never talked to my neighbors, it may be different for you but it's a consideration.

For the pitch that's fine, I used ''Hello I'm going around in the neighborhood cutting lawns, I've noticed yours could use a quick cut!'' If they say yes tell them your price (don't be greedy super important) And get the job done quickly, efficiently, thank them and get their contact information for upsells/rebooking.

Have fun with it! Make it a game, seek out rejections on purpose. See how many people you can get to tell you NO. As you go through door #10 you'll realize how stupid the first pitch came out (in my experience atleast) I just did some door knocking a while ago and got a whole block of rejections with my last door being a sale. The whole time I laughed and made fun of myself for being such an idiot, who the hell is gonna buy this? Last door I closed a sale & verified someone will actually give me value vouchers for my product that I created.

Rinse and repeat the process and you have yourself a business. Suddenly getting up in the morning to make $20 an hour seems like insanity. There was a study done with mice, where they would get drugs, but to get the drug they needed to crawl through electric floors and get shocked in the process. But for hours on end they would crawl through and shock themselves near death. It's the same with business and rejection which you will experience door knocking.

Tons of people will tell you off but just smile and walkaway, you are one door away from a sale. And it's important for you to be as enthusiastic on door #100 as you were on door #1, because that could possibly be your next sale!

Service buisness's like it or not force you to be social, so if you are shy and not willing to talk with people, and portray WHY they NEED to purchase your services you will fail. And will likely be a wage slave for the rest of your life.

Build rapport quickly, wear a smile (dress cleanly aswell) and go swing the bat. The best baseball players fail 70% of the time. Keep that in mind.
 
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I actually like the drop kicking part if they refuse services, I'll need to keep that in mind when I do my own pitches...

You could go the name approach although in my area personally have never talked to my neighbors, it may be different for you but it's a consideration.

For the pitch that's fine, I used ''Hello I'm going around in the neighborhood cutting lawns, I've noticed yours could use a quick cut!'' If they say yes tell them your price (don't be greedy super important) And get the job done quickly, efficiently, thank them and get their contact information for upsells/rebooking.

Have fun with it! Make it a game, seek out rejections on purpose. See how many people you can get to tell you NO. As you go through door #10 you'll realize how stupid the first pitch came out (in my experience atleast) I just did some door knocking a while ago and got a whole block of rejections with my last door being a sale. The whole time I laughed and made fun of myself for being such an idiot, who the hell is gonna buy this? Last door I closed a sale & verified someone will actually give me value vouchers for my product that I created.

Rinse and repeat the process and you have yourself a business. Suddenly getting up in the morning to make $20 an hour seems like insanity. There was a study done with mice, where they would get drugs, but to get the drug they needed to crawl through electric floors and get shocked in the process. But for hours on end they would crawl through and shock themselves near death. It's the same with business and rejection which you will experience door knocking.

Tons of people will tell you off but just smile and walkaway, you are one door away from a sale. And it's important for you to be as enthusiastic on door #100 as you were on door #1, because that could possibly be your next sale!

Service buisness's like it or not force you to be social, so if you are shy and not willing to talk with people, and portray WHY they NEED to purchase your services you will fail. And will likely be a wage slave for the rest of your life.

Build rapport quickly, wear a smile (dress cleanly aswell) and go swing the bat. The best baseball players fail 70% of the time. Keep that in mind.
Love it. I'm a MASSIVE extrovert so talking isnt an issue. I'm usually paid by friends and family to shut up. Thanks for all the insights man. I really am appreciative of you taking the time!

I wonder if I can I get paid to talk?!
 

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I don't think you'll find a better excuse to be jobless than right now. Lots of people are out of work for the time being.

On one hand you may want to ride this virus and recession thing out, because it sounds like you have a decent job, and sure, you could quit now, but 4 months later be out of funds and applying to work at walmart or something. Nothing wrong with that, but Id rather be at a union job paying above minimum wage.

On the other, you only have $400/month in expenses, and you could cover that working 10 hours a week at any old job.

If we were in a more stable time right now, Id say quit and go work on your business. But with all of the uncertainty right now, cash is a nice thing to have in the bank. I could be wrong about this, but I also don't think most people are really worried about their gutters or having things pressure washed right now. I think a majority of people are just worried about survival and covering their basic expenses.
 
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DrScream

DrScream

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Oct 4, 2019
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Got my first door-to-door sale today @sparechange thanks again for the tips.

First few doors I was nervous as hell and I'm pretty sure I just mumbled the words. After 5 or 6 doors I got it down and started to get comfortable with it. At about door 30, the guy said yes for the gutter cleaning. After I got him I did about 20 more doors before rapping up (I'm in Miami and it's hot AS F*ck). It wasn't a for sure thing because he said yes and I got his number but he said in the coming weeks he will be looking for it. It was my first ever time doing door to door so I'm just stoked about the maybe even if it wasn't a for sure sale. Looking forward to that first payment.
 

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