This.
Work on it at home during evenings and week-ends, until you see some cash coming in.
Advice request on whether to quiet my job and start my own business
- Thread starter DonegalDanny
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This.
Work on it at home during evenings and week-ends, until you see some cash coming in.
I can put you on to a supplier of good quality ear-protectors if you're working in a noisy environment. They actually do have a competitive edge too with their 24/7 support. I guess in their terms it means if you hear noise through them you can call them up and try to shout the problem at them.
If you know the chairman personally and you really have a solid idea, I see no reason why would couldn't just work something out with him.
If you are prepared to leave your job for it and you let him know that, chances are he will want to leverage your passion for the concept.
If you are prepared to leave your job for it and you let him know that, chances are he will want to leverage your passion for the concept.
I wouldnt quit unless you have at least 18 months of expenses plus 911 fund in savings that you are willing to live on worst case.
i worked full time (nights.evening.graveyard.whatever) and ran my biz on the side until I knew that I could at least live on it. 9 months later i sold it for some decent money. so yeah the end goal should be to get away from your punch in mentality, but quit is not the right word. I think transition is what you need to call it.
watch this guy as well https://www.youtube.com/user/GaryVaynerchuk - guerila turned me on to him a while back and dude has some solid stuff that might help you
i worked full time (nights.evening.graveyard.whatever) and ran my biz on the side until I knew that I could at least live on it. 9 months later i sold it for some decent money. so yeah the end goal should be to get away from your punch in mentality, but quit is not the right word. I think transition is what you need to call it.
watch this guy as well https://www.youtube.com/user/GaryVaynerchuk - guerila turned me on to him a while back and dude has some solid stuff that might help you
Okay, some good advice here I appreciate it.
I've decided not to quit my job and build the business on the side.
There is the risk my employer finds out and because I pitched the idea to them at work via work email initially, make a legal claim on the business idea.
However I will have to run that risk I think. Thanks for the advice guys.
I've decided not to quit my job and build the business on the side.
There is the risk my employer finds out and because I pitched the idea to them at work via work email initially, make a legal claim on the business idea.
However I will have to run that risk I think. Thanks for the advice guys.
In my experience, sometimes getting rid of the safety net is the best thing you could ever do. You don't have dependants, you are young, and you have a family that could put a roof over your head if shit went really south. I can't imagine a better time in your life to go all in. There is nothing more motivating than desperation, and no better teacher than struggle. I had an idea about what I wanted to do, and it changed quite a bit in my first year. I did what I had to do. Eventually I more or less ended up getting where I wanted to be. So don't get hung up on one idea, or assume failure because it doesn't pan out right away.
Good luck!
Good luck!
The risk isnt If, it is When. You will need to find a way of prevent legal actions for when they find out, contact a lawyer.
This is so true.
I am in my early 20's, only making enough to get by, and I'm currently unemployed, but I could care less because I'm living with family and spending 14 hours a day becoming a boss at iOS app development. Just about to finish my first app, start my second one, search for some freelance work etc.
If I wasn't in the position I am now, I would not be able to dedicate 100% of my time to mastering objective-c and iOS development.
Maybe OP should quit his job so he can dedicate all of his time to achieving his dream. You'll never know if it's possible until you stop thinking about it and just do it.
Good luck OP.
Yeah, after sorting out the 10k of debt and getting some savings. There's "getting rid of the safety net" and there's "jumping into a pit of snakes."
Same attitude with me dropping out of school and working full time, to then me quitting my job and doing my own thing. Best things I could've done and happy I did, making more money than ever. 22 and feeling good.
edit: I should make it clear I was never in debt either so different scenario here. I made sure I had enough padding before doing a jump too.
Sometimes backing yourself into a corner is good. It lights a fire. Sounds like you'd be backing into a corner filled with poisonous, spiky penises though.
If you didn't have the debt, I'd say rock on.
Anomoanon is right. A transition is what you need. Not a flash quitting event. That's not going to get you anywhere but a one-way trip to fuckedville.
The last thing you need is no influx of money, while you're bleeding money out to build a business. Using money that isn't yours. Which is only compounding the debt problem you already have.
Manage your spending, get out of debt, save up a shitload of money, and then consider quitting. There's no reason you can't build your business while doing all of that. Just depends on what you really want.
If you didn't have the debt, I'd say rock on.
Anomoanon is right. A transition is what you need. Not a flash quitting event. That's not going to get you anywhere but a one-way trip to fuckedville.
The last thing you need is no influx of money, while you're bleeding money out to build a business. Using money that isn't yours. Which is only compounding the debt problem you already have.
Manage your spending, get out of debt, save up a shitload of money, and then consider quitting. There's no reason you can't build your business while doing all of that. Just depends on what you really want.
WARNING!!! Old Neckbeard Words Ahead!!! CAUTION!! lulz
That holds just as true whether you are getting steady money from him as an employee or if you leave the place.
The only difference if you stay is that you will have gotten money from him until he finds out.
I'll give you a little bit of Data that I have accumulated over the last 50 years.
Any time I have gone into a RISK/REWARD situation my "GUT" and ANXIETY level over the decision has proven to be a very good Tipping Tool for me.
In order to make a GOOD decision you should be "Substance Influence Free" and you need to take your emotions out of it as best as you can.
Then check to see if the Anxiety you feel is one of a good positive anticipation with only minimal dread or fear mixed in. If it is then go with the risk to gain the reward.
If the Anxiety is like 75% dread or fear and only 25% good positive anticipation of the reward, then DO NOT TAKE THAT RISK!! In my life and others I have known, only like 5% of the time does going with the risk in this situation ever work out for the good. These situations usually set you back and then make being able to seize the next opportunity infinitely more difficult. Both Financially and Mentally.
If you are really TORN 50/50 inside on the decision, then postpone the decision if possible until you can work it out. If time is an issue, "I" would say to go with NOT taking the risk.
From my experience that inner warning system or the PUSH to move up cannot be ignored without peril either way. If you ignore the fear and dread you could be in a worse situation and if you don't go with the push you will miss out on opportunities to better your life.
Everyone is different and only YOUR OWN experience with your "Inner Voice" will help you make better decisions. But I have talked with many people about this over the years and what I wrote above seems to be a good base line to start from.
I wish you well on the Journey of "Your Life".
P.S. Even though it was here at WF, and you being only 24yo, it was good that you were/are seeking counsel instead of just making a snap decision. This trait alone, provided it's used in the correct places, will help you quite a bit on Your Journey.
That holds just as true whether you are getting steady money from him as an employee or if you leave the place.
The only difference if you stay is that you will have gotten money from him until he finds out.
I'll give you a little bit of Data that I have accumulated over the last 50 years.
Any time I have gone into a RISK/REWARD situation my "GUT" and ANXIETY level over the decision has proven to be a very good Tipping Tool for me.
In order to make a GOOD decision you should be "Substance Influence Free" and you need to take your emotions out of it as best as you can.
Then check to see if the Anxiety you feel is one of a good positive anticipation with only minimal dread or fear mixed in. If it is then go with the risk to gain the reward.
If the Anxiety is like 75% dread or fear and only 25% good positive anticipation of the reward, then DO NOT TAKE THAT RISK!! In my life and others I have known, only like 5% of the time does going with the risk in this situation ever work out for the good. These situations usually set you back and then make being able to seize the next opportunity infinitely more difficult. Both Financially and Mentally.
If you are really TORN 50/50 inside on the decision, then postpone the decision if possible until you can work it out. If time is an issue, "I" would say to go with NOT taking the risk.
From my experience that inner warning system or the PUSH to move up cannot be ignored without peril either way. If you ignore the fear and dread you could be in a worse situation and if you don't go with the push you will miss out on opportunities to better your life.
Everyone is different and only YOUR OWN experience with your "Inner Voice" will help you make better decisions. But I have talked with many people about this over the years and what I wrote above seems to be a good base line to start from.
I wish you well on the Journey of "Your Life".
P.S. Even though it was here at WF, and you being only 24yo, it was good that you were/are seeking counsel instead of just making a snap decision. This trait alone, provided it's used in the correct places, will help you quite a bit on Your Journey.
