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Help Me to Decide Please - Should I Quit My Job?

by WealthWithin
56 replies
I'm working at a mid-level management position and earning a decent pay cheque. Over the years, I've been promoted several times and had nice pay rises. So no complaints there.

But the issue is I do the same stuff everyday and I'm bored as it can be. Same reports, same clients, same complaints, same solutions. I just can't find a reason to wake up and go to work.

On the other side, my online income (with just part time work) has grown steadily. It get's me about nearly half of what I get from the day job. It's enough to pay the rent, bills and basic living expenses. And I really like working on my sites. Looking back at my earnings through the past year, income has doubled every 4-5 months.

I'm not married, and all our family debts are paid off. I have enough money saved to go jobless for about 6 months.

But I can't really decide if it's the right time to quit the job. Maybe it's from my parent's belief that 'You must have a job till You're 65'.

Should I quit the job that I don't like right now and work on my online income?
#decide #job #quit
  • Profile picture of the author Andy Money
    Definitely, go for it. Perfect time to do it. Plus it'll force you to make even more money, you'll have to.
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    • Profile picture of the author toytruck
      I've been in that same situation before so I can understand how you feel. As long as you're confident that your online income is stable and can support you, I'd say go it.... I did
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  • Profile picture of the author mark healy
    only you can decide that.ask yourself is it your passion?do you love working from home and making money online?If your passion for marketing online exceeds your day job then quit but only if the income online replaces your current day job earnings
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    • Profile picture of the author Rezbi
      Originally Posted by ncmedia View Post

      This.

      Look at the success rate in this forum, you really want advice on your future to come from here?

      I'd say if you have to ask/question it, then you're probably not ready.
      Exactly. I totally agree with this statement.
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    • Profile picture of the author miny92
      Originally Posted by ncmedia View Post

      This.

      Look at the success rate in this forum, you really want advice on your future to come from here?

      I'd say if you have to ask/question it, then you're probably not ready.
      ^ I agree with that.. I'd say do both, try to enjoy the day job somehow and if it really doesn't give you joy then just work on your sites when you're at home. Imo, online marketing isn't very stable if one thing or something just screws up.. Unless you can really confidently quit your day job and focus EVERYTHING you've got on online marketing then why not ^^
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    • Profile picture of the author TBInternetMarketing
      Wow, yea I would really think about going for it. When I saw the title of this post I thought it was going to be by a newbie asking if they should quit their job before they have made a dime online and I was getting ready to type up a long message saying NO NO NO...but your case sounds pretty interesting. You said you are earning enough to cover your bills and you are not married, so what do you have to lose really? Try it for a few months and see how it goes. All the best. Keep us posted
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    • Profile picture of the author JBrooks
      Originally Posted by ncmedia View Post

      This.

      Look at the success rate in this forum, you really want advice on your future to come from here?

      I'd say if you have to ask/question it, then you're probably not ready.
      +1

      couldn't say it any better.
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  • Profile picture of the author CharlieSheenSays
    I will not suggest you to quit the job at this time, especially in thia economic condition. When you have some savings an you start earning as much as you earn from your job, you can quit the job.
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    • Profile picture of the author Davidoriol1986
      I strongly believed that if you truly thing that you can make it you show go for it
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  • Profile picture of the author Thomas Smale
    100% do it. Ignore the doubters. It will be the best decision you ever made.
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  • Profile picture of the author AnimalSpirit
    If you start to success online then quit you day job
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    • Profile picture of the author candoit2
      Sounds more like you just need to take a holiday to shake things up a bit and recharge.

      You can get into a rut in your daily routine when you are working from home as well.

      Just because you are making enough money that you don't need to work doesn't make life perfect.

      If you are alone lots, going to the gym by yourself etc this lifestyle can become mundane as well after awhile.

      Then you might be wanting to have a job again even if you don't need the money LOL.... it happens.

      I would take a vacation, then if you still feel the same way and just can't bear going back, don't.

      If you can though keep working until you have totally replaced your income and can comfortably rely on your IM activities for income without depending on your savings to get you through.

      Aaron
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  • Profile picture of the author dustinthetoucan
    When you have to ask, your not ready. Especially in this economy like someone else said.
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    • Profile picture of the author sonic74
      If you are sure that in 6 months period you can earn online as much as your current day job.....go for it !

      But why don't you play it safe ?

      Also be sure not to put all your eggs in the same basket.

      Finally, you can invest some of your savings in a good Coach...

      to help you grow your online business !
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  • Profile picture of the author Rezbi
    No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no!!!

    Is that clear enough?

    If things go belly-up and you can't sustain yourself on your self-employed income, you're stuffed.

    And none of the guys who are telling you to 'go for it' will be there to help you out.

    Sorry that sounds harsh, but that kind of advice is a load of bull.

    No matter how bad your job is, you've got income. Do some more work in your business and wait till you know for sure that you are secure.

    You need to make absolutely sure you are satisfied with your SE income before you leave your job.
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  • Profile picture of the author Jordan Kovats
    Bank your job paycheques for 1 year. Don't touch them, even in the event of an emergency (unless it is life or death), then you might have your answer.
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  • Profile picture of the author Steve Faber
    No one here really knows enough about your online business or how you run it to give you a good answer.
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    • Profile picture of the author Derek Soto
      You are not really asking whether you should quit your job, you already know you should, you are looking for permission to quit your job. You have the power to give yourself permission to quit your job, will you grant yourself the permission or not? This is a test of your confidence in your business skills, will you pass?
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  • Profile picture of the author misterkailo
    This is a very risky decision. If I was thinking like you with my AdSense income, then I would be living in the streets now because that is gone.

    If your online income is well diversified, then I say go for it. If not, then keep working on that until it is well diversified.
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  • Profile picture of the author Kom
    Please listen

    From what you write you look like not ready,

    1. You will never ready and now one ever ready also
    2. But what ever you do will bring stress no matter what ? I did feel the same and I did quit my job.( borr and tired do the same thing) now i goback to work and get half money I earn before.
    3. Make money online Is wave up and down.( you never know ) Do stay with the job make money more online, when the time (you get fire) then you have back up.
    4.save all money you make it right now.

    Believe me you need to take your decicion not from somebody else. you and only you. however your decision, you must write and find your self comfortable.

    " keep doing both when the time is come one of them will gone and you will know with one you should take "

    quick decision must with knowladge.exept if you can not take it anymore then up to you.

    the best decision is what ever you take will nothing to lose.

    hope will help
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  • Profile picture of the author shireen
    Hi:

    Shireen here :-)

    I can't tell you what to do but I can share some of my experience.

    My past situation is quite similar with yours, I had a full time job making good income every month.

    After I quit my job and go full time online. My online income is even more compare to my full time job :-)

    Hope it helps...
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  • Profile picture of the author cyong
    i am in your shoes before, i am an IT manager in a big multinational company. But i quite my job when my online income is enough for me to pay my monthly bill and concentrate on my online business. Work hard for yourself is better than work hard for your company

    CY
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    • Profile picture of the author genietoast
      Use this time to make your online business to make twice you make at your job. Make sure you have a system in place that can make you money over and over again. Build you list, maintain your SEO, etc.

      Also keep in mind what you benefits you're giving up when you leave your job and consider that you'll have to replace them on your own with your own insurance, etc.

      Also think about the taxes you will have to pay being self-employed. Remember, that you will have to pay social security, and pay as both the employer and the employee.

      So I would recommend that you at least make more than a years worth of savings or at least boost your income up until you're making twice more than what you have now with all your benefits.

      You'll know best when it's time to leave.
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  • Profile picture of the author Diane S
    Originally Posted by WealthWithin View Post

    ...my online income (with just part time work) has grown steadily. ...about nearly half of what I get from the day job. It's enough to pay the rent, bills and basic living expenses. And I really like working on my sites. Looking back at my earnings through the past year, income has doubled every 4-5 months.

    I have enough money saved to go jobless for about 6 months.


    Should I quit the job that I don't like right now and work on my online income?
    Don't quit based on one year of IM results. That would be very risky. I suggest you continue to do both. If you are hourly, see if you can reduce your hours without losing benefits. Not sure what country you are from. Here in the US, some larger companies can keep an hourly employee at 32 hours per week and the person is still considered full time, so no insurance is lost. Is that a possibility for you?

    If not, do you have flex time? Can you work your hours over four days instead of five? Having a good solid day of only IM time can do wonders for your online business and how you approach it.

    For the next six months, continue both jobs but spend not one cent of your corporate job earnings. Does your IM income really provide enough? What about medical insurance, car maintenance, house repairs? Does your IM income cover those expenses?

    You will not always want to be single, I am guessing? Will you be able to earn enough income to support a partner and maybe children? Quitting your job will immediately decrease your chances at success in growing a family.

    All things to consider...take it slow. Let us know what you decide and how you get on... best of luck with this very important decision.
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  • Profile picture of the author renukoot
    Boss,

    Do not take risky steps these days. You never know when the things can go hayware. I should say stick to your job & do the part time Internet work. In this case you earning will be more. Leaving a job may land u in troble in later days.
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  • Profile picture of the author diegoortiz
    HHHMMMM!!!! i guess this is something you gotta REAAALLLYYY think about. in my experience I quit my day job the moment my business income equaled double my jobs income at a monthly basis. but thats just my case and it took me about 10 years to make it happen, i dont know were you are at, but if you think you have the balls for it, go ahead take the leap, whats holding you back? if not wait a little while, match you online income to your day jobs income and then quit
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  • Profile picture of the author caseycase
    Can't tell you what to do, but I can tell you what I did -

    I hated my job, but it made me good money and even gave me free housing. So I had a hard time walking away. Finally, I hated it bad enough I couldn't take it anymore. I was only making a few hundred/month in IM, but I walked away from my job and never looked back. Yes, it was a risk. But man, I am so glad I took that risk! Now I am doing well online and work whenever I want from home.

    Best if luck to you in your decision!
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  • Profile picture of the author quintonboyer
    After you quit your job, just imagine the whole internet field changes, and your income goes from hmm let's say $50k per year to $0 in an instant. Now what?
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  • Profile picture of the author BIG Mike
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    • Profile picture of the author Shaun OReilly
      As someone who has actually "waved at my boss with
      one finger" back in 1998 and left a well paid professional
      job, here's the factors that influenced my decision...

      1. I was in a job that became a drag and was there
      physically but not mentally or spiritually. That sucked
      big time. I was just going through the motions.

      I decided that I deserved better so I quit.

      2. I thought about the worse case scenario if I left
      and things didn't work out as planned and asked
      myself "Could I handle it?"

      The answer was yes - so I decided to quit.

      (I was already in a job I disliked so the worse case
      scenario was that I ended up in another job doing
      what I didn't wanna do - jobs were plentiful at that
      time).

      3. I realized that there are no guarantees in life
      at all. You only get one shot at this life (that we
      know of for sure) so go after what you want with
      vigor - now not later.

      In October 1997, I was at a U2 concert in Dublin,
      Ireland and the following morning Lady Diana died
      in a car crash in Paris.

      That was my wake-up call that no-one is assured
      another day on planet Earth, so live your days as
      though they're you're last.

      It took some courage before I finally handed my notice
      into my boss back in March 1998 and then left in May
      1998.

      Note - the above points are what helped me to make
      my decision to jump. At that time I was single with
      no family responsibilities so your situation is slightly
      different. The above points may - or may not - be useful
      to you.

      Make your own decision about what's best for you
      and your family.

      Dedicated to mutual success,

      Shaun
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      • Profile picture of the author vajoma
        I would be a little careful doing that. Although you have 6 months to go, you might need a little more to build your business. I would recommend going part time or freelancing for you current company while you start building your strategy for growth... Once you live from your online income you will need to have some tasks outsourced and increasingly take on a management role for your own business. Then, and I guess that can easily be in 3-6 months, I would totally quit. Working for someone else can be such a waste of time...
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  • Profile picture of the author paulie888
    It may be a little premature to call it quits at your job just yet. I'd assume that you've grown used to making your regular salary at your job, so what you should aim to do is get your internet business generating your regular job income consistently for 6-12 months in a row, before thinking of leaving your present job.

    If you feel like you need more time to concentrate on your internet business while you're still working, try to reschedule your work days to where you can work longer hours on 4 days and get an extra day off (if possible), or reduce your work hours at your present job (if this is something you can do).

    This is something that may help you tremendously in becoming more productive and focused at IM. With any luck, you should surpass your salary in a few months to a year, and this would then be your turning point where quitting would be a viable option.
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  • Profile picture of the author WealthWithin
    Wow... Thanks for all the replies.

    What I was actually looking for was some advice from people who have been there before, and challenges they faced after quitting a secure job.

    There are few things I left out from my OP. I live in Australia and the economy isn't that bad. I have a diverse set of skills and a good educational background, so I tend to decent responses for job applications. I'm confident even if I leave this job, I can get a job which at least pays me 75% from the current rate.

    After going through all the replies, I've decided to meet somewhere in between.

    Here's my (potential) exit plan.
    - I'll give myself 3 months to get IM income to match the day job income.
    - I'll put next 3 months full pay cheques towards outsourcing, buying ads etc to reach this goal.
    - If I reach the goal anytime before 3 months, I'll leave the job. If I don't I won't think about it for next 6 months.

    So the deadline is set. Let's see if I can win!


    Thanks.
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    • Profile picture of the author J Bold
      Originally Posted by WealthWithin View Post

      Wow... Thanks for all the replies.

      What I was actually looking for was some advice from people who have been there before, and challenges they faced after quitting a secure job.

      There are few things I left out from my OP. I live in Australia and the economy isn't that bad. I have a diverse set of skills and a good educational background, so I tend to decent responses for job applications. I'm confident even if I leave this job, I can get a job which at least pays me 75% from the current rate.

      After going through all the replies, I've decided to meet somewhere in between.

      Here's my (potential) exit plan.
      - I'll give myself 3 months to get IM income to match the day job income.
      - I'll put next 3 months full pay cheques towards outsourcing, buying ads etc to reach this goal.
      - If I reach the goal anytime before 3 months, I'll leave the job. If I don't I won't think about it for next 6 months.

      So the deadline is set. Let's see if I can win!


      Thanks.

      I think that's a very wise way to get about it, give it a go. Think you'll be fine in whatever happens in the end. Great idea.

      But, really, I love to read the comments in threads like these, you always get people who are telling you basically to not take a risk, but I say, Life is about risks! I would maybe even take the risk and quit now if I were you, but I'm not you. I think the way you are going to do it is the best way, though, as it's your own idea and actually looks like a good, solid plan that secures your future either way.
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  • Profile picture of the author diegoortiz
    good luck man, you'll see its gonna be AWESOME
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  • Profile picture of the author Richy Burns
    Getting the same salary irrespective of the work you put in leads to no drive and a lack of motivation.

    Owning your own business(such as your online websites) means you are finally responsible for your own life. You now have to work to survive,but the payoff and intrinsic satisfaction will greatly outweigh the negatives

    Go for it. Life is short. You know you will regret it if you don't try.

    Im not speaking from experience but rather from envy. If it were me I'd already be walking out the work door.

    cheers

    Rich
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  • Profile picture of the author mikemeth
    I would go for it with this savings and already some income from it, go give it a try.
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  • Profile picture of the author krautware
    your are not married and all our family debts are paid off ... so what are you waitng for :-) give it a try
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  • Profile picture of the author paintbrush4u
    Originally Posted by WealthWithin View Post

    I'm working at a mid-level management position and earning a decent pay cheque. Over the years, I've been promoted several times and had nice pay rises. So no complaints there.

    But the issue is I do the same stuff everyday and I'm bored as it can be. Same reports, same clients, same complaints, same solutions. I just can't find a reason to wake up and go to work.

    On the other side, my online income (with just part time work) has grown steadily. It get's me about nearly half of what I get from the day job. It's enough to pay the rent, bills and basic living expenses. And I really like working on my sites. Looking back at my earnings through the past year, income has doubled every 4-5 months.

    I'm not married, and all our family debts are paid off. I have enough money saved to go jobless for about 6 months.

    But I can't really decide if it's the right time to quit the job. Maybe it's from my parent's belief that 'You must have a job till You're 65'.

    Should I quit the job that I don't like right now and work on my online income?
    First things FIRST:::: Is it really smart to trust the massess with that lifechanging decision...ever thought of flipping a coin?

    Kidding aside...
    What does your heart say?
    What does your mind say?
    And last but not by any chance least, what does your MENTOR/COACH say?
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  • Profile picture of the author magnates
    Originally Posted by WealthWithin View Post

    I'm working at a mid-level management position and earning a decent pay cheque. Over the years, I've been promoted several times and had nice pay rises. So no complaints there.

    But the issue is I do the same stuff everyday and I'm bored as it can be. Same reports, same clients, same complaints, same solutions. I just can't find a reason to wake up and go to work.

    On the other side, my online income (with just part time work) has grown steadily. It get's me about nearly half of what I get from the day job. It's enough to pay the rent, bills and basic living expenses. And I really like working on my sites. Looking back at my earnings through the past year, income has doubled every 4-5 months.

    I'm not married, and all our family debts are paid off. I have enough money saved to go jobless for about 6 months.

    But I can't really decide if it's the right time to quit the job. Maybe it's from my parent's belief that 'You must have a job till You're 65'.

    Should I quit the job that I don't like right now and work on my online income?
    I think we should wait until you replaced your income with the online business and then quit your job if you so decide

    it seems you have found something you are really passoinate about but replace your income first so that if the worst case scenario does happen you are covered
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  • Profile picture of the author Ant Marshall
    Dude,

    I know a lot of people here are saying "Go for it!!"

    But seriously, it's so much easier for them to say that because there is no pressure on them.

    All I will say is this. Put your spare time into it, you will eventually hit enough income that you will just KNOW you don't need the 9-5 anymore.

    Than you can quit COMFORTABLY and there is NO pressure as to whether it's going to work out for you or not.
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  • Profile picture of the author renegadetmj
    Why not wait another 4 -5 months - if your growth in online earings increases at its historical rate then by this time you will be be able to earn a comparable amount online. By dedicating your work time online then surely this amount would continue to increase? As long as you have multiple online income streams then your income should be reasonably safe.
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  • Profile picture of the author Macksheppard
    Why are you asking other people a question that is so pivotal in your life? Everyone has an opinion. Regardless of their answer YOU have to live with your decision.

    It's easy for someone else to say "go for it" because there are no repercussions for them. Or maybe someone else could never see themselves going out and making a lot of money so they will tell you no don't do it.

    My point is other people's answers are based on their perception of themselves and their answers have nothing to do with you really.

    So my question is how can any of these answers help you?
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  • Profile picture of the author Tad 100
    I think quit that job and live the life you deserve. I did the same thing, but not like you I had no money. First thing was that I feel free and it is so good. You can work on your own non stop because it is yours and get results really fast if you don't go to stupid daily job that sucks everything from you.
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  • Profile picture of the author Martin Luxton
    Originally Posted by WealthWithin View Post

    But the issue is I do the same stuff everyday and I'm bored as it can be. Same reports, same clients, same complaints, same solutions. I just can't find a reason to wake up and go to work.
    So when you are working full time on the same sites, same affiliate networks shaving your commissions, same complaints, same solutions what will you do?

    Martin
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    • Profile picture of the author paulie888
      Originally Posted by Martin Luxton View Post

      So when you are working full time on the same sites, same affiliate networks shaving your commissions, same complaints, same solutions what will you do?

      Martin
      This is something you need to consider as well. It's very easy to get afflicted with the "grass is greener on the other side of the fence" syndrome, and since internet marketing is still pretty exciting and new to you at this point in time, it may seem like an entirely rational decision to quit your job now.

      Try to think forward into the future - can you actually see yourself doing internet marketing for the long term? Do you think you'll be able to handle the challenges and the ups and downs that you'll inevitably encounter working for yourself? Remember that there are pros and cons to both sides of the fence, so choose wisely now in order that you don't regret later on.
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  • Profile picture of the author bmillionaire324
    I would rather advice you to stay on your job, until you earn the same amount, and you know that you keep doubleing your money every 4-5 months then go, but its not worth it for half and without insurance
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    • Profile picture of the author Tad 100
      Originally Posted by bmillionaire324 View Post

      I would rather advice you to stay on your job, until you earn the same amount, and you know that you keep doubleing your money every 4-5 months then go, but its not worth it for half and without insurance
      Yes it looks like a great advice, but can I ask do you work on your own?

      Because I know how hard is to get back from job and do internet marketing late at night everyday and your productivity is 0 or 10% only. By quiting daily job you can achieve 100% productivity by doing internet marketing all day and hitting the spot much faster. Don't be afraid because this will separate you from success. You can stay in job and think ok I need to buy house after that I will quit, oh no I need to buy new car and so on. If you love internet marketing you have to do it.

      People like to say I love traveling but they never did that in their all life.

      The best art works was created when people was hungry and had no background at all.
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  • Profile picture of the author keyuria
    Yes, go for it. This is the time. You are encouraged. You are motivated so I feel this is the time you can make maximum use of your internet skills and move on the fast track.

    Best of luck.
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  • Profile picture of the author SimonJBell
    How about moving to a new job? If you say you're bored of the repetition in your current role, move somewhere new and get a pay rise while you do it. That way you'll have two streams of income. Much better
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  • Profile picture of the author Alex Williams
    This is a serious decision you need to make. I suggest you take a month off from your job, get out of town, travel or do what you like most, let your head rest a bit and see it all from another perspective.

    Time off from what you`re currently doing, will let you decide and you won`t need anyone`s advice.
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  • Profile picture of the author MikeMorgan
    I advice that you stay until you are confident enough to work full time online .
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  • Profile picture of the author lacraiger
    nothing beats working at home. you save on a ton of expenses... gas, food, clothes. but most of all you can manage your time the way you choose.
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    Event Planner in Philippines
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  • Profile picture of the author tsuccess
    It sounds like a good time to quit to me. If it were me, I would have already quit. One thing you mentioned was you like working online. That's one important key to success with working online and because you do,
    I say it's a good time to quit. Good luck.
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    "SUCCESS IS GETTING WHAT YOU WANT!"
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  • Profile picture of the author TurnkeyBusinessBlogs
    Have you ever read Steve's post;

    10 Reasons You Should Never Get a Job

    It's a great read.
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  • Profile picture of the author kennygoodman
    You sound like you are doing great online but do be cautious - there is a great post about why here by Ed Dale: Burn The Ships and Hail Mary’s… | Ed Dale's Blog


    I hope this helps


    Kenny
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  • Profile picture of the author sbucciarel
    Banned
    Originally Posted by WealthWithin View Post

    I'm working at a mid-level management position and earning a decent pay cheque. Over the years, I've been promoted several times and had nice pay rises. So no complaints there.

    Should I quit the job that I don't like right now and work on my online income?
    In this economy, I wouldn't until you were making the same (at least) salary that your job provides (including the value of benefits), plus had that six months or more savings for backup.

    If your website profits take a dive, as many do, you can end up hating your online job as much as you do your offline job.
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