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Other => Off-topic => Topic started by: kevinpro on July 16, 2018, 04:34:40 AM



Title: 8 Things You Must Have Before You Quit Your Job
Post by: kevinpro on July 16, 2018, 04:34:40 AM
I know that depending your financial life with the online world it's scary, right?

In the mean time it's a thing that all of us want to do? You want to jump on it as soon as possible?

However, I know personally (IRL) and also read a lot of stories when people just like you did a huge mistake.

They left their 9-5 job just because they read a post on Business Insider how a "College Drop Out Starts Million Dollar Company" and a lot of other intriguing stories.

Well, some of them are true and some not.

Recently I read a great blog post that talked especially about this phenomen.

I bet you read this before you take a decision whether going full time online or not.

#1. You Know How Much Money You Need to Survive Each Month

So, for one or two months, track all your expenses, and when you’re done, divide them into two columns: essentials (food, rent, utilities, debt payments, etc.) and luxuries (Netflix subscriptions, nights out, etc.).

#2. You’ve Earned Enough Side-Income to Cover Monthly Expenses for Five Months Straight

Now, once your side income meets your minimum income goal, you may be tempted to send your resignation letter straight away. But if you’ve earned a consistent side income for five months straight, you can feel confident you can keep it up once you quit your job (especially since you’ll have more time on your hands).

#3. You Have a Financial Life Raft That Will Sustain You for at Least Six Months

To avoid a crushing financial crisis, you’ll need to save up enough money to cover your essential expenses for six months minimum. It’s the smart entrepreneur’s contingency fund that’ll give you the time you’ll need to get back on your feet or, if necessary, find a new job.

#4. You’ve Had Your Side Gig for at Least Six Months, and It Still Excites You
If you’ve already worked on it for six months alongside your day job, and you still feel that ping of excitement, you’ll know it’s what you truly want. On top of that, you’ll also prove to yourself you have the self-discipline to succeed.

#5. You’ve Written down Your Short- and Long-Term Goals

Doing this means you’ll stay on the right track to business success. If you ever find yourself struggling to meet your goals, you’ll discover it in time to change direction, and not too late to avert disaster.

#6. You’ve Mapped All Your Activities for the First 12 Weeks After Quitting

You need to establish momentum early on, which you can only do through consistent and continuous action. So your best safeguard against productivity sabotage is to plan with military precision.

Type up a detailed twelve-week action plan, so you know exactly what you’ll be doing each day — starting from day one. Then, start doing. It’s your recipe for success.

#7. You’ve Identified Two Alternative Work Locations
Prepare yourself with a list of at least two alternative work locations that enable you to be part of a crowd while working for yourself. Look for local co-working spaces and coffee shops that offer free wifi.

In many cases, sitting in a coffee shop for a few hours each week as you tap away on your laptop can be the perfect antidote for loneliness.

#8. You’ve Recruited at Least Three People for Support and Accountability

It’s impossible to survive, let alone thrive, in the entrepreneurial world alone. If you’re serious (and I know you are), you simply must surround yourself with people who support you and people who hold you accountable.

-----------------------------------

Hope this at least shed some light on the right decision you will take.  ;D ;D ::)


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: SWASIRI on August 24, 2018, 11:19:08 AM
I know that depending your financial life with the online world it's scary, right?

In the mean time it's a thing that all of us want to do? You want to jump on it as soon as possible?

However, I know personally (IRL) and also read a lot of stories when people just like you did a huge mistake.

They left their 9-5 job just because they read a post on Business Insider how a "College Drop Out Starts Million Dollar Company" and a lot of other intriguing stories.

Well, some of them are true and some not.

Recently I read a great blog post that talked especially about this phenomen.

I bet you read this before you take a decision whether going full time online or not.

#1. You Know How Much Money You Need to Survive Each Month

So, for one or two months, track all your expenses, and when you’re done, divide them into two columns: essentials (food, rent, utilities, debt payments, etc.) and luxuries (Netflix subscriptions, nights out, etc.).

#2. You’ve Earned Enough Side-Income to Cover Monthly Expenses for Five Months Straight

Now, once your side income meets your minimum income goal, you may be tempted to send your resignation letter straight away. But if you’ve earned a consistent side income for five months straight, you can feel confident you can keep it up once you quit your job (especially since you’ll have more time on your hands).

#3. You Have a Financial Life Raft That Will Sustain You for at Least Six Months

To avoid a crushing financial crisis, you’ll need to save up enough money to cover your essential expenses for six months minimum. It’s the smart entrepreneur’s contingency fund that’ll give you the time you’ll need to get back on your feet or, if necessary, find a new job.

#4. You’ve Had Your Side Gig for at Least Six Months, and It Still Excites You
If you’ve already worked on it for six months alongside your day job, and you still feel that ping of excitement, you’ll know it’s what you truly want. On top of that, you’ll also prove to yourself you have the self-discipline to succeed.

#5. You’ve Written down Your Short- and Long-Term Goals

Doing this means you’ll stay on the right track to business success. If you ever find yourself struggling to meet your goals, you’ll discover it in time to change direction, and not too late to avert disaster.

#6. You’ve Mapped All Your Activities for the First 12 Weeks After Quitting

You need to establish momentum early on, which you can only do through consistent and continuous action. So your best safeguard against productivity sabotage is to plan with military precision.

Type up a detailed twelve-week action plan, so you know exactly what you’ll be doing each day — starting from day one. Then, start doing. It’s your recipe for success.

#7. You’ve Identified Two Alternative Work Locations
Prepare yourself with a list of at least two alternative work locations that enable you to be part of a crowd while working for yourself. Look for local co-working spaces and coffee shops that offer free wifi.

In many cases, sitting in a coffee shop for a few hours each week as you tap away on your laptop can be the perfect antidote for loneliness.

#8. You’ve Recruited at Least Three People for Support and Accountability

It’s impossible to survive, let alone thrive, in the entrepreneurial world alone. If you’re serious (and I know you are), you simply must surround yourself with people who support you and people who hold you accountable.

-----------------------------------

Hope this at least shed some light on the right decision you will take.  ;D ;D ::)

Great information I agree with them even I did Quit my job previously before I do that again I will keep these in mind


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: iamchiara on November 23, 2018, 04:34:44 PM
Know your benefits. ...
Have a health care plan. ...
Fill any life insurance gaps. ...
Get disability insurance. ...
Have your resume ready. ...
Save your contacts, projects & more. ...
Bolster your emergency fund. ...
Redraft your budget.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: Tensy777 on November 23, 2018, 06:42:59 PM
I can offer hard work so as not to lose the first job, then these 8 steps will not be needed


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: wealthnook on November 29, 2018, 02:17:42 PM
1. Help make the transition go well.
2. Make a list of what you do on the job.
3. Update your resume and LinkedIn profile.
4. Write some recommendations.
5. Get some recommendations.
6. Save work samples.
7. Remember to be humble.
8. Say thank you.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: rjlacanlaled on November 29, 2018, 02:24:25 PM
I know that depending your financial life with the online world it's scary, right?

In the mean time it's a thing that all of us want to do? You want to jump on it as soon as possible?

However, I know personally (IRL) and also read a lot of stories when people just like you did a huge mistake.

They left their 9-5 job just because they read a post on Business Insider how a "College Drop Out Starts Million Dollar Company" and a lot of other intriguing stories.

Well, some of them are true and some not.

Recently I read a great blog post that talked especially about this phenomen.

I bet you read this before you take a decision whether going full time online or not.

#1. You Know How Much Money You Need to Survive Each Month

So, for one or two months, track all your expenses, and when you’re done, divide them into two columns: essentials (food, rent, utilities, debt payments, etc.) and luxuries (Netflix subscriptions, nights out, etc.).

#2. You’ve Earned Enough Side-Income to Cover Monthly Expenses for Five Months Straight

Now, once your side income meets your minimum income goal, you may be tempted to send your resignation letter straight away. But if you’ve earned a consistent side income for five months straight, you can feel confident you can keep it up once you quit your job (especially since you’ll have more time on your hands).

#3. You Have a Financial Life Raft That Will Sustain You for at Least Six Months

To avoid a crushing financial crisis, you’ll need to save up enough money to cover your essential expenses for six months minimum. It’s the smart entrepreneur’s contingency fund that’ll give you the time you’ll need to get back on your feet or, if necessary, find a new job.

#4. You’ve Had Your Side Gig for at Least Six Months, and It Still Excites You
If you’ve already worked on it for six months alongside your day job, and you still feel that ping of excitement, you’ll know it’s what you truly want. On top of that, you’ll also prove to yourself you have the self-discipline to succeed.

#5. You’ve Written down Your Short- and Long-Term Goals

Doing this means you’ll stay on the right track to business success. If you ever find yourself struggling to meet your goals, you’ll discover it in time to change direction, and not too late to avert disaster.

#6. You’ve Mapped All Your Activities for the First 12 Weeks After Quitting

You need to establish momentum early on, which you can only do through consistent and continuous action. So your best safeguard against productivity sabotage is to plan with military precision.

Type up a detailed twelve-week action plan, so you know exactly what you’ll be doing each day — starting from day one. Then, start doing. It’s your recipe for success.

#7. You’ve Identified Two Alternative Work Locations
Prepare yourself with a list of at least two alternative work locations that enable you to be part of a crowd while working for yourself. Look for local co-working spaces and coffee shops that offer free wifi.

In many cases, sitting in a coffee shop for a few hours each week as you tap away on your laptop can be the perfect antidote for loneliness.

#8. You’ve Recruited at Least Three People for Support and Accountability

It’s impossible to survive, let alone thrive, in the entrepreneurial world alone. If you’re serious (and I know you are), you simply must surround yourself with people who support you and people who hold you accountable.

-----------------------------------

Hope this at least shed some light on the right decision you will take.  ;D ;D ::)

If possible start working on your goals while you're still working full-time and if you are atleast 80% sure that it will be successful and have enough fund to sustain your lifestyle then it's a good time to quit.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: Brandonkimm on December 07, 2018, 05:38:31 AM
MAke sure that you have a monthly pension to make sure that you can sustain the bills. :) A small rest house wouldn't harm as well. That's my plan. :)


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: a d i m u l on December 07, 2018, 10:34:39 AM
Things I Must Have Before You Quit Your Job:
1. there is a better and more promising project
2. It is too long to add to the closing time where the project adds a lot of participants so it must stop.
3. the project suddenly stops
4. There is no clarity on the project
5. already has a lot of income.
6.ext.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: mitsos2017 on December 10, 2018, 09:32:38 AM
I would add a Nr 9

9. Not to have a family or children.

If you do have one, all the money in the world is not enough.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: Goldleader on December 30, 2018, 01:02:26 AM
just 1 or 2 would be enough. Lottery 1st prize or buy bitcoin in large quantity and HOLD


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: LUCKMCFLY on April 16, 2019, 03:38:42 PM
I know that depending your financial life with the online world it's scary, right?

In the mean time it's a thing that all of us want to do? You want to jump on it as soon as possible?

However, I know personally (IRL) and also read a lot of stories when people just like you did a huge mistake.

They left their 9-5 job just because they read a post on Business Insider how a "College Drop Out Starts Million Dollar Company" and a lot of other intriguing stories.

Well, some of them are true and some not.

Recently I read a great blog post that talked especially about this phenomen.

I bet you read this before you take a decision whether going full time online or not.

#1. You Know How Much Money You Need to Survive Each Month

So, for one or two months, track all your expenses, and when you’re done, divide them into two columns: essentials (food, rent, utilities, debt payments, etc.) and luxuries (Netflix subscriptions, nights out, etc.).

#2. You’ve Earned Enough Side-Income to Cover Monthly Expenses for Five Months Straight

Now, once your side income meets your minimum income goal, you may be tempted to send your resignation letter straight away. But if you’ve earned a consistent side income for five months straight, you can feel confident you can keep it up once you quit your job (especially since you’ll have more time on your hands).

#3. You Have a Financial Life Raft That Will Sustain You for at Least Six Months

To avoid a crushing financial crisis, you’ll need to save up enough money to cover your essential expenses for six months minimum. It’s the smart entrepreneur’s contingency fund that’ll give you the time you’ll need to get back on your feet or, if necessary, find a new job.

#4. You’ve Had Your Side Gig for at Least Six Months, and It Still Excites You
If you’ve already worked on it for six months alongside your day job, and you still feel that ping of excitement, you’ll know it’s what you truly want. On top of that, you’ll also prove to yourself you have the self-discipline to succeed.

#5. You’ve Written down Your Short- and Long-Term Goals

Doing this means you’ll stay on the right track to business success. If you ever find yourself struggling to meet your goals, you’ll discover it in time to change direction, and not too late to avert disaster.

#6. You’ve Mapped All Your Activities for the First 12 Weeks After Quitting

You need to establish momentum early on, which you can only do through consistent and continuous action. So your best safeguard against productivity sabotage is to plan with military precision.

Type up a detailed twelve-week action plan, so you know exactly what you’ll be doing each day — starting from day one. Then, start doing. It’s your recipe for success.

#7. You’ve Identified Two Alternative Work Locations
Prepare yourself with a list of at least two alternative work locations that enable you to be part of a crowd while working for yourself. Look for local co-working spaces and coffee shops that offer free wifi.

In many cases, sitting in a coffee shop for a few hours each week as you tap away on your laptop can be the perfect antidote for loneliness.

#8. You’ve Recruited at Least Three People for Support and Accountability

It’s impossible to survive, let alone thrive, in the entrepreneurial world alone. If you’re serious (and I know you are), you simply must surround yourself with people who support you and people who hold you accountable.

-----------------------------------

Hope this at least shed some light on the right decision you will take.  ;D ;D ::)

I think the main reason before quitting a job is that you already have another job that is safe and has the highest salary you currently have, and that they offer you greater security and solidity, because if you are the head of a family it is very likely that you can not stay empty-handed, because that's the way to work, washing bathrooms to bring food to the table in your house and your family.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: trysetya11 on April 16, 2019, 04:54:52 PM
9. You all must have a rich boyfriend/girlfriend.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: omonuyak on April 16, 2019, 06:11:57 PM
Op, I hope you tried to quit and have see how it works.  I have tried to take this decision several times but I am from a country that is developing and many relatives and friends are depending on me for survival!  Quiting the job is not a  problem to me and family but I do think that if my income only depend online and something happened can they survived it!


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: bitcoin31 on April 16, 2019, 09:18:21 PM
What ever your reason final decision will be in you so if you want to quit job depends on the person. Mostly even the person who don't have enough saving they quit their job because they want something or work online because in reality work is really hard you to spend effort,  time and patient.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: jdarren on April 16, 2019, 10:04:42 PM
this is so cool to think about and read, thank you. I would say make sure to sell things that don't fulfill you rather than pay for an empty apartment or storage unit you have to pay tons for


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: Aero Blue on April 16, 2019, 10:08:41 PM
For anyone who is interested, the blog post is here: https://smartblogger.com/when-to-quit-your-job/ (https://smartblogger.com/when-to-quit-your-job/)
(Also includes the "4 big risks" you take when you quit your job)


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: Nitori_m on April 16, 2019, 10:11:48 PM
I didn't have any of that when I quit my job except number 8 and everything pan out fine


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: blockman on April 17, 2019, 12:48:14 AM
9. You all must have a rich boyfriend/girlfriend.
How about marrying him/her anyway?

Just secure that you can still be able with your lifestyle. When I quit my job before, I have few savings and that forced me to apply for another job.


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: xvids on April 17, 2019, 02:20:08 AM
For me you only need to have enough money to survive and start again.
You also need to have a plan on what you would do when you quit.
It is the only thing that you need before quiting your job .


Title: Re: 8 Things You Must Have Before You Quit Your Job
Post by: LUCKMCFLY on April 19, 2019, 08:46:52 PM
this is so cool to think about and read, thank you. I would say make sure to sell things that don't fulfill you rather than pay for an empty apartment or storage unit you have to pay tons for

This option is about saving which is very good, although if you look at all the things that are acquired are necessary, they are not so many luxuries, we lead a life where everything is necessary, even the phone is necessary and if you do not have it It will be much needed, the same happens with services such as internet, electricity, water, and in that case the things that are unnecessary now, in a while they will be.