Should I quit my job?

[croupier]

I was a UK casino dealer earning a low wage when I quit my job 5 years back. At the time my earnings from the net were less than my dealers wage and I had no savings (but very nice parents I could scrounge off if necessary ) but my wife also a had job (low paid too).

For a year or so things were VERY tight and then my wife had a baby and I really had to start working hard if I didn't want to go back to the daily grind. A year later things were ticking over nicely and now I'm making more money than I ever expected I would, and have the benefits of working from home.

Starting out on your own is always tough, but it has to be done at some point - go for it

 

[madcamel]

Try finding a less demanding job in the same field you currently work in, so you'll have more time to develop your business. I don't think you should quit your job before your business is making some good money.

 

[marketing]

I think you should try try and have enough money to cover your lifestyle for twice as long as your business plan says it will take to turn a profit on your new vernture. That means...if you are expecting a profit that you can live off of in 4 months, you should save up enough to live off of for 8 months. In my experience, nothing every goes as planned and you may find that you only need 1 extra month before seeing that profit...but what if you need 2 or 3 or 4 extra months. Doubling it covers you.

I also think that taking a chance on something like this depends on your job market where you live. If this fails, and in 5 months you go try and get a job again...will you be successful. Some of the chance is taken out of the equation if you know that if this flops you will be able to go back to something similar to what you were in financially before you started this vernture.

 

[Poker]

Should I quit my job?

Not if you have to ask

 

[DavidAusman]

My motto: "If you don't do it, noone else will do it for you".

Just do it.

Hmmm...You forgot to use the word NIKE Air behind 'JUST DO IT'
:cheeky:

If you have confidence in it, dont worry too much...
Get started !

 

[DomainTurn.com]

i read something about something like this

it said 12000.00 or 20000.00

and the person said if he didn't quite have would not have made it because of all the time you need to put into a business

 

[ERCollins]

I say go for it. I worked for other companies for years.

The last job I worked at in early 2003, I walked up to my boss at lunch and told him to have a nice life.

Started my company with less than $600 in savings account.

Used $300 for quick books, and $200 for incorporation.

Setup a bank account, and started my life in the computer business.

Now I have 60 local clients (Private Businesses) 3 Educational Clients (major universities) and do thousands of sales on the phone.

You do not have to be rich to succeed, and even rich people normally ended losing more than they make in the beginning.

Do not go take a bunch of loans with no way of repayment.

I did not even file for a Line of Credit untill I had Purchase Orders in Hand to cover those lines of credit.

Owning your own business is not gliming light either. It is ten times harder than any job you will ever have in your life. Stress can get unbearable at time.

You and ONLY you have to worry about every little thing.

You need to have friends and family members that believe in you and that are willing to help if you do get yourself in a bind. Things happen.

Remember you can not manage a real business when you are working for someone else part time. You have to jump in head first.

Another thing, do not under sale what ever you are going to be doing. Put a fair price on your services. Might as well not work at all if you are going to give stuff away for your hard work.

Do not give friends and family any special treatment. Just be str8 and honest with them. Tell them look, if I was not here you would call someone and pay them, so you should be fair and pay me for my services, as I have to make a living also.


Good Luck with your venture.

 

[QuantumBeam]

"Nothing Lasts For Ever"

 

[ChristinaInCanada]

Maybe I'm a dreamer too (as it's nice to see many on this forum are) but I think you can do it!! Keep us updated...

 

[smile]

ow man i wanna start my business too

thanks for sharing guys

now i know its really hard in the beginning

 

[dvestors]

.

 

[harsha]

Korzon I would say Get into your own BIS it requires lots of effort but worth if you are confident

 

[italiandragon]

Korzon I would say Get into your own BIS it requires lots of effort but worth if you are confident

did you notice that this thread is 3 years old?

 

[replic8te]

and still valid today

thanks for resurrecting it, I needed that inspiration.

 

[sashas]

lol
a three year old thread...and I didn't even see that

so how are things now korzon? Did you do it?

 

[domain newbie]

did you notice that this thread is 3 years old?

ok, lets ask Karzon, how did this endup for him at the end ??

 

[HomerJ]

ok, lets ask Karzon, how did this endup for him at the end ??

yea please, its a cliffhanger now. did you make it?

 

[harsha]

did you notice that this thread is 3 years old?

No i dint

Interesting lets wait for korzon comment s

 

[chording]

Oh dear, I remember this thread

Korzon, did it work out for you?

 

[GAMEFINEST]

He hasn't been online for a month