I Quit Engineering for My Dream Business — One Year Later I Still Can’t Cover Rent
It all began with a scam. I’d just found this crypto-trading platform, and overnight I earned the easiest $50 of my life. Three months later, $50 became $1,200 and of course, I wasn’t planning to stop there. It was time to chase my passion.
When you quit, money doesn’t follow – problems do
After investing 90% of his savings, he discovered the crypto-trading platform belonged to a Bitcoin mafia
- The payments stopped and instead he started to have nightmares and suicidal thoughts
- Things got worse when his best friend, also his flatmate, started to act weird and wanted to move out
- Luckily, he still had his laptop and $3,000
Remember this
Have at least two safety nets before quitting your job
- Save enough money to cover one year of expenses before you quit
- Secure a roof over your head
- Move back with your parents or relocate to a place where rent is affordable
- This will reduce your overall costs
Lessons
If you want to make your project work above everything else, then stick with it. If you feel exhausted and dread your new life, stop and go back to the old one.
- There’s no shame in changing your mind. You just have to own it.
Clients won’t chase you – doubt will
When you throw away a stable career, health insurance, and social approval, many people will question your choice.
- The worst voice you’ll hear will be your own
- Deep down, you expect results to show up within days, but the days will turn into weeks then months. That’s when self-doubt comes ******* at the door.
Final thoughts and recap
When you quit your job to write, coach, or sell online, you don’t rise to the occasion; you fall to the level of your preparation
- Save enough money to survive one year before quitting your job
- Keep your social life and body healthy to handle stress and self-doubt
Remember this
Call that one person who believes in you
- Find your Tina
- Connect with other writers
- Move your body
- Write as much as you can
- Get outside and enjoy the fresh air and fresh air will help your health and career
It’s never too late to change your mind
90% of startups fail, but we never hear about the remaining 10%
- Since writing online is a one-person startup, I’m giving my writing a tiny 10% chance of survival
- Optimism, however, is like a hammer. It can build, and it can destroy.