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

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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?
#main internet marketing discussion forum #decide #job #quit
  • 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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    • 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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  • 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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    • Exactly. I totally agree with this statement.
    • ^ 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 ^^
    • 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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    • +1

      couldn't say it any better.
  • 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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    • I strongly believed that if you truly thing that you can make it you show go for it
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  • 100% do it. Ignore the doubters. It will be the best decision you ever made.
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  • If you start to success online then quit you day job
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    • 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
      • [ 2 ] Thanks
  • When you have to ask, your not ready. Especially in this economy like someone else said.
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    • 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 !
      • [ 1 ] Thanks
  • 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.
    • [ 1 ] Thanks
  • 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.
  • 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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    • 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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  • 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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  • 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
  • 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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  • 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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    • 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.
      • [ 1 ] Thanks
  • 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.
    • [ 3 ] Thanks
  • 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.
  • 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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  • 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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  • 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?
  • Banned
    [DELETED]
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    • 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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  • 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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  • 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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    • 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.
  • good luck man, you'll see its gonna be AWESOME
  • 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
  • I would go for it with this savings and already some income from it, go give it a try.
  • your are not married and all our family debts are paid off ... so what are you waitng for :-) give it a try
  • First things FIRST:::: Is it really smart to trust the massess with that lifechanging decision...ever thought of flipping a coin?

    Kidding aside...
  • 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
  • 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.
  • 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.
  • 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?
  • 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.
  • 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
    • [1] reply
    • 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.
  • 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
    • [1] reply
    • 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.
  • 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.
  • 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
  • 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.
  • I advice that you stay until you are confident enough to work full time online .
  • 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.
  • [DELETED]
  • 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.
  • Have you ever read Steve's post;

    10 Reasons You Should Never Get a Job

    It's a great read.
  • 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
  • Banned
    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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    Help Me to Decide Please - Should I Quit My Job?

    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.