July 17, 2024

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Me And My Business

I Want to Quit My Job – Is Entrepreneurship For You?

I Want to Quit My Job – Is Entrepreneurship For You?

I read a blog post from AskMen.com about coping with a job you hate that said, “If everybody loved their job, they probably wouldn’t call it work. The lucky ones are those guys who have figured out how to get paid for doing what they love, while the rest of us simply get paid so we can afford to do what we love on the weekends.” If you want to learn how to cope with a job you hate or a job you know isn’t fulfilling your dreams, go to askmen.com and read their 11 tips on coping with a job you hate. For everyone else, this article is for those of you looking for an answer to the question you keep asking yourself, “Should I Quit My Job?”

Are you part of the 60{bcb10712eadb32c7e50a15bcbfb14ed4d7108a9fa2a5dcafffbff4bd1d9a4f28} of Americans who have expressed, “I hate my job and want to quit?” Are you dealing with the fact that your income is lagging way behind inflation? Do you find your job not interesting and unfulfilling? Have you said to yourself, “I want to quit my job because I want to travel?” Do you ask yourself, “Should I quit my job?” Are you tired of low wages? Would you love to spend more time doing what you love instead of being in traffic? Are you looking for smart retirement solutions?

Maybe you’re like me and you don’t like being told what to do, how much you can make, when you can take a break, when you can be off, and when you can take a vacation! If you’ve ever considered being an entrepreneur and you see yourself in the statements above, these are signs to quit your job.

#1- Know the difference between an employee and an entrepreneur. Going from employee to being an entrepreneur is not about a title change, it’s about a mindset change. The employee and the entrepreneur have different mindsets, different beliefs, different values, and therefore different actions which lead to a different type of income. 90{bcb10712eadb32c7e50a15bcbfb14ed4d7108a9fa2a5dcafffbff4bd1d9a4f28} of all new businesses fail within the first five years due to having an employee mindset. Quitting your job can absolutely be done by taking smart risks. So before you quit and give your resignation letter, come up with a win, win master exit strategy.

Employee vs Being An Entrepreneur

Trades time for money vs Creates ideas and businesses for profits

Focuses on problems vs Creative solutions

Works hard vs Builds smart

Works in a system vs Uses a system that works for you

Stinking thinking vs Extraordinary thinking

Fear holds you back vs Feeling the fear and doing it anyway

All income depends on your time, presence, and effort vs Profits grow with or without you due to a system

Employees use their time to work hard for limited income to make someone else’s dreams come true.

Entrepreneurs use MSI- multiple streams of income, OPT- other people’s time, OPM- other people’s money, OPE- other people’s efforts, OPI- other people’s ideas, and OPP- other people’s partnerships to achieve unlimited cash flow to make their dreams come true.

Is Entrepreneurship For You?

If you’re not willing to shift from the values of an employee to an entrepreneur, entrepreneurship is not for you and you shouldn’t quit your job. If you’re not willing and ready to change your mindset, quitting your job is a not a good move. If you’re not going to invest in your education and training to get the skills required for you to be a successful entrepreneur, quitting your job is a false move. If you’re a decision maker and you’re ready for part two of your win, win exit strategy to quit your job properly, entrepreneurship just may be for you.