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

[Val Okafor]

$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!

 

[sparechange]

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.

 

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[sparechange]

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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[The-J]

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.

 

[EVMaso]

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]

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.

 

[peterb0yd]

$400 monthly expenses? How? I'm envious!

Side thought - I should find me a sugar momma haha.

 

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[Rinzler]

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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[sparechange]

"Hey there, so sorry to bother you. I just got done cleaning the rain gutters of one of your neighbors and I was wondering if you'd be interested in our services. SaveClean is running a promotion right now for the coronavirus pandemic and are offering rain gutter cleaning for $150" (Generally the price since most houses aren't that big).

Usually they'll just say no but that one guy outright said "YES I've been needing it actually" and he asked for later in the week as he was about to step out and didn't feel comfortable leaving me there. I didn't have my flyers yet and so I just got his contact information.

What do you think? All of this is done with superb customer service and a big smile on my face at every door.

no no no no

Don't say sorry to bother you and don't mention the word coronavirus, you are already associating your face with negativity & panic. When people see you they should feel safe and secure. As a customer looks at you, they are subconsciously judging you and feed off the type of energy you give off, it's kinda like with the ladies.... they want a confident guy right? Never say sorry again.

Try this,

Knock Knock

Hello! I'm going around in the neighbourhood offering my services for gutter cleaning, would you be interested in that? Answer NO...... Alright no problem have a great day! (then depending on the failed prospect you can make the respective decision to drop kick said prospect) Or ask them if they have any friends that would want a cleaning, then maybe if they get you a customer offer to clean their's for free. Random idea.

Keep knocking and knocking, when you get the Yes, negotiate a price on the spot. Some people might say otherwise although IMO I wouldn't go for a hail Mary and say a price out the gate. You want them to say YES I NEED some damn cleaning. You can even add in some educational things for a potential customer. Example below

6 Dangers of Not Cleaning Your Gutters

Cleaning out your gutters is an unpleasant but necessary task. Avoid these 6 dangers by having your gutters cleaned annually.

blog.homestars.com

Get them to ask you how much, then you can go from there, a thought I have, again other people will have different opinions but $150 might be to steep, that doesn't mean you shouldn't keep pitching it.

(side note) Can you convince someone to give you 1 cent to clean your gutters? Probably right? What about 20 grand? Probably not, it's important to hit the sweet spot in price point for gutter cleaning. (You could also get into selling packages where you clean gutters monthly or something for a higher price) That's for later......

Take into account how many rejections/sales you have and average it out, if you see you just knocked on 100 doors and are only getting a few people buying your service try dropping the price and go over another 100 doors and average it out again. Yes it's alot of work, but building a business isn't all sunshine and rainbows. Always remember the baseball stats, pro baseball players fail 70% of the time, yet are worshiped hero's for the 30% of the time they hit the ball!

Keep swinging.

Also certain areas of Florida like FT Lauderdale? I think, seems like a goldmine possibly, lots of retired and wealthy indivudals there, (I stayed up there for a bit long ago)

But some suburbs in the ghetto would likely be a crappy area to market, last time I was there I was scurrrred, I'm Canadian and white, lets just say I didn't fit into the....''colored'' area to much ^_^

Yeh a bit paranoid about how everyone has a gun lol, long story short I got lost and ended up in the ghetto with drug users and some gangsters late at night. Good times.

 

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[minivanman]

If you look back at anything I've ever said, you know that I always say to start it today.... do not wait another minute..... if you aren't all in within 72 hours, you will probably never be all in........BUT........ today, next week and next month will not be normal! The world has never shut down before. For a business like you are starting..... I'm going to say it for the 1st time.... I would wait and see how this craziness pans out. I need power washing and I can afford it but I am waiting because our budget got screwed up. I also need a tree cut down and some cement poured but I am waiting 30-45 days. I have a handyman on part time salary so today I got him to cut down some of the branches for me. Instead of taking our 2 bikes in to the shop, I got the handyman to bring his handheld grinder and fixed what I wanted done. This has made changes to everyone's budget. Personally, I'm looking to months like July & August... if I can get my budget back on track, I can still take my friends on our planned racing trips. Others might be struggling to keep food on the table or some like me and trying to move money around for future plans. Let me tell ya.... all of those nice houses that you drive by and wish you lived there.... lots of those people are SCREWED right now! The last thing they will be worried about is getting some oil off their driveway or their deck power washed.

 

[VigilantCMDR]

I got a weird take on this,

how about you find another job that you're happier at, but only part time. 15-20 hours compared to 40 will not only give you a decent amount of money to fall back on, but still give a good amount of time for the business.

But if you truly can live 10 months without the job, pull the trigger and work full time on your business. Get ready to rise and grind every minute of your life, and let the money tree start doing the work for you

 

[Silverfox148]

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.

 

[sparechange]

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.

 

[DrScream]

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]

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!

 

[DrScream]

How much are you charging during a pitch? And what are you saying?

"Hey there, so sorry to bother you. I just got done cleaning the rain gutters of one of your neighbors and I was wondering if you'd be interested in our services. SaveClean is running a promotion right now for the coronavirus pandemic and are offering rain gutter cleaning for $150" (Generally the price since most houses aren't that big).

Usually they'll just say no but that one guy outright said "YES I've been needing it actually" and he asked for later in the week as he was about to step out and didn't feel comfortable leaving me there. I didn't have my flyers yet and so I just got his contact information.

What do you think? All of this is done with superb customer service and a big smile on my face at every door.

 

[DrScream]

If you look back at anything I've ever said, you know that I always say to start it today.... do not wait another minute..... if you aren't all in within 72 hours, you will probably never be all in........BUT........ today, next week and next month will not be normal! The world has never shut down before. For a business like you are starting..... I'm going to say it for the 1st time.... I would wait and see how this craziness pans out. I need power washing and I can afford it but I am waiting because our budget got screwed up. I also need a tree cut down and some cement poured but I am waiting 30-45 days. I have a handyman on part time salary so today I got him to cut down some of the branches for me. Instead of taking our 2 bikes in to the shop, I got the handyman to bring his handheld grinder and fixed what I wanted done. This has made changes to everyone's budget. Personally, I'm looking to months like July & August... if I can get my budget back on track, I can still take my friends on our planned racing trips. Others might be struggling to keep food on the table or some like me and trying to move money around for future plans. Let me tell ya.... all of those nice houses that you drive by and wish you lived there.... lots of those people are SCREWED right now! The last thing they will be worried about is getting some oil off their driveway or their deck power washed.

Yeah I already decided to hold off on quitting. The thing is, I may not have a job soon as my job is initiating cuts of employment as we speak. They're doing some departments at a time and it's a union job so it's by seniority (I'm the youngest in so first out). I'm taking this time to TRY to get customers.

I know the future looks bad for those people right now. Let's hope it doesnt get to that. Not even for my own sake but for their own. Wouldn't wish a foreclosure on my worst enemy. Well... maybe my WORST enemy

 

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[DrScream]

If you just have your heart set on flyers, why not do what I did for 20 years.... print them yourself. That way you can print 500 to pass out and if you decide you want to make a change, you can. Also, a trick is to take the ink down to 80% instead of 100%. That will save a boatload of money. Or, pay me what you would spend on flyers and I'll sit at my desk and get you 2x as many customers 10x faster by posting on Facebook groups.

I'm mad that I didnt even think about printing them myself.... LOL thanks!

 

[WJK]

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.

I built a whole real estate business on going to door to door, passing out fliers... I knew no one when I started and I was skinny, little kid out trying to make it. I still send out postcards for one aspect of my business, and this is my 44th year in the business. If you ask enough people, someone somewhere is going to say yes. You only need one yes at a time -- to give you that next client!

 

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[Rivoli]

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?

Do NOT quit your job dude. Do not quit until your business is rolling. I’m speaking from experience.

 

[DrScream]

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]

DUmp the job and stop being afraid

 

[DrScream]

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.

 

[DrScream]

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]

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!

 

[DrScream]

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.

 

[DrScream]

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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[DrScream]

)

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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[sparechange]

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]

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)