I wanted to ask a few questions to those who have/will quit their jobs in favor of the business/investments they worked on and have been/will be successful. What did you (will you) do after quitting your job? Were you still motivated? How did you feel? Did you work on your business more, or less?
I'll go first, although it's only a half answer because I didn't exactly quit to work on my business full time:
I was fired by my company 5 months ago. I was planning on quitting, but I would have gotten a new job first. 70% of the office quit. And you know how when you turn in your 2 weeks notice many places tell you to just leave? Well, they kind of made a mistake. I didn't turn in my 2 weeks notice, but I did take a 2 week vacation, which was approved by management. But they terminated me anyway. So out of all the people who quit, I'm the only one eligible for unemployment, which is a big reason why I didn't go out and get a new job (I actually turned down a job because of this as well).
Anyway, I used to work 9-5 and work on my properties after and on weekends. It's hard to do, as we all know. But now I was free! Did I work on my properties more? NO! I didn't. Maybe a little more but I sat around all summer being lazy. I took two long vacations to visit a friend out of state. I sat around in the coffee shop for 2 hours instead of 1 hour. I woke up at 10 instead of 8. I stayed out longer. I walked slower. I stayed longer when going to visit family, etc. No rush for anything. No stress the past 5 months. And when I do work on a property I'm actually doing a really good job. As far as spending money, I've been watching every penny. Rent, utilities, cell phone, car insurance, etc., all that stuff is a monthly auto-pay bill and doesn't fluctuate much month to month. For everything else, out-of-pocket I averaged under $800/mo. That's really good. Most of it was food and gasoline.
I'll go first, although it's only a half answer because I didn't exactly quit to work on my business full time:
I was fired by my company 5 months ago. I was planning on quitting, but I would have gotten a new job first. 70% of the office quit. And you know how when you turn in your 2 weeks notice many places tell you to just leave? Well, they kind of made a mistake. I didn't turn in my 2 weeks notice, but I did take a 2 week vacation, which was approved by management. But they terminated me anyway. So out of all the people who quit, I'm the only one eligible for unemployment, which is a big reason why I didn't go out and get a new job (I actually turned down a job because of this as well).
Anyway, I used to work 9-5 and work on my properties after and on weekends. It's hard to do, as we all know. But now I was free! Did I work on my properties more? NO! I didn't. Maybe a little more but I sat around all summer being lazy. I took two long vacations to visit a friend out of state. I sat around in the coffee shop for 2 hours instead of 1 hour. I woke up at 10 instead of 8. I stayed out longer. I walked slower. I stayed longer when going to visit family, etc. No rush for anything. No stress the past 5 months. And when I do work on a property I'm actually doing a really good job. As far as spending money, I've been watching every penny. Rent, utilities, cell phone, car insurance, etc., all that stuff is a monthly auto-pay bill and doesn't fluctuate much month to month. For everything else, out-of-pocket I averaged under $800/mo. That's really good. Most of it was food and gasoline.
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