MJ DeMarco
I followed the science; all I found was money.
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
LEGACY MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
As I wrote in The Great Rat Race Escape ...
A lot of people here ask when to quit their job.
I also get a lot of people (sadly) that read my book and they write me, saying their first "action" is to quit their job.
They do this haphazardly without any business skills, no business idea, and no revenue.
This also can be said for dropping out of University.
Quitting a job, or dropping out of college, is often is a MISTAKE.
My basic recommendation?
Don’t quit your job (or drop college) unless you’ve got the following four guidelines met.
Most cannot.
I hate to be the source of someone's impetuous emotional choice...
Remember this...
QUITTING YOUR JOB is an event (99% masses thinking)
STARTING A PROFITABLE BUSINESS is a process (1% Unscripted thinking).
A lot of people here ask when to quit their job.
I also get a lot of people (sadly) that read my book and they write me, saying their first "action" is to quit their job.
They do this haphazardly without any business skills, no business idea, and no revenue.
This also can be said for dropping out of University.
Quitting a job, or dropping out of college, is often is a MISTAKE.
My basic recommendation?
Don’t quit your job (or drop college) unless you’ve got the following four guidelines met.
- Existing sales with adequate profit margins. Are you repeatedly selling? Is there a nominal enough of a profit that can pay your bills, much less, change your life?
- Do you have at least a six-month runway (cash flow) to pay your bills while adopting a frugal lifestyle? This can be reduced to three months pending the answer to #3 and scale.
- Scale and growth potential. Can revenue 10X within the next twelve months? Is your job preventing you from 10X'n your revenues and profit? What systems need to be in place to go 10X?
- Evidence of a productocracy. Are people recommending your business/service/product? Are people reordering? Have competitors entered the market and taken market share? Has your offer demonstrated longevity?
Most cannot.
I hate to be the source of someone's impetuous emotional choice...
Remember this...
QUITTING YOUR JOB is an event (99% masses thinking)
STARTING A PROFITABLE BUSINESS is a process (1% Unscripted thinking).
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
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"SCALED TO 6-FIGURE MONTHS"
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"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
Xet katv vjoploph ecuav fsuqqoph uav, cav fofp'v lpux xjev vu fu egvis, huoph vu kuc vjev xomm duptani iwip nusi voni? Cav pux zua hewi at emm vji eptxis, vjeplt eheop :tnomi2:
