Why you Need to Quit Your Job NOW and Invest in YOUR Future

Let’s face it: Working for the man SUCKS.

Waking up early every single weekday, commuting to work, dealing with the BS of your job, your co-workers, your boss, commuting back from work, being tired, not having time to focus on what’s most important to you (like spending quality time with your loved ones, what you eat, exercising, any hobbies you may have, etc), rinsing and repeating the vicious cycle of trading 5 days a week for 2 weekend days for say 30-50 years….WTF?

And don’t even start with the excuse that if you made more money at your job, all these problems would magically disappear. If anything, making more means that you busted your ass that much harder to now have more responsibilities and even more time spent and focused on your job versus your personal life.

Any way you slice it, unless you work for yourself on your own time, when and where you want, with the ceiling to make as much as physically possible if you work hard and put your mind to it, you’ve got a major problem in front of you that might continue for decades upon decades (maybe even until the day you die).

Time is everything in life. Money is constantly being created. Even a billionaire still only has 24 hours in a day, just like you. You must spend your time wisely!

Your dreams of traveling, getting the beautiful house and cars you’ve always wanted, and being financially free to do as you please with your time is in serious jeopardy.

Although I worked for someone else for only a few months as a paid intern post college, I vividly remember sitting at a desk in my button down and slacks and thinking to myself, this is NOT for me. I NEED to do something about this.

And I did. And since then I’ve helped countless others do so as well.

And best of all, you can too.

Suffice to say, it’s time to quit your job. Here’s a few reasons why 🙂

Reason # 1 – You have no leverage!

Uncontrollable Limited Leverage is a concept that I learned while reading the Millionaire Fastlane, written by the incredible MJ Demarco.

ULL is pretty much just as it sounds. With a job you have very limited leverage. Most of the time if you increase your productivity through the roof and help grow the company you work for, you’re not being rewarded with a raise equal to your impact or effectiveness level. Your value is measured in time. If you want to make 20% more income, you have to work 20% more (for sales jobs in particular, while for others you might not even have the opportunity to work more to make more).

In addition, with a job you possess limited control. If the company decides to fire you, or goes bankrupt one day you’re screwed. (Just because you have a nice comfy job doesn’t guarantee you lifelong security!)

Let’s not also forget that the growth potential (financially speaking) in your place of work is most likely capped at a certain point, and the amount of knowledge that you’re consuming and implementing from your job to better yourself professionally and personally on a weekly or even monthly basis is extremely limited.

Reason # 2 – Say Bye to your Dreams, you’re Never Going to Save $1,000,000 keeping your job

Directly taken from the Millionaire Fastlane,

Earning a salary of $46,000 per year as a Teacher would take you 22 years to make $1M. To save $1M it would take 217 years.

Earning a salary of $64,000 per year as an Accountant would take you 16 years to make $1M. To save $1M it would take 156 years.

Earning a salary of $95,000 per year as a Pharmacist would take you 11 years to make $1M. To save $1M it would take 105 years.

How can you realistically ever expect to truly live out your dreams when it would take the average person almost two centuries to come even remotely close to saving $1M in the bank, while receiving just 2 weeks vacation time per year (if that)?

Reason # 3 – You’re Going to OUTLIVE Your Savings, Then What? 

I have something very important to share with you.

Your 401k is a scam.

If you’ve been using your 401k all this time as a safety net come retirement time, you’re really in for trouble.

401k’s are managed by companies that invest your money (fees charged for this). They take your money and invest it into mutual funds (fees charged for this). They then make a profit from your portfolio regardless if you make any money or not, and even worse, the specific funds that they are investing your hard earned money into are actually benefiting the very company managing your money in the form of kickbacks.

Yes, that’s right. They are investing your money into funds that are benefiting THEM the most, not YOU.

Worst of all, these actively managed mutual funds that all of your money is tied up in lose 96% of the time (when compared to low-cost index funds, which ALL of the top and most successful investors recommend people investing into).

Ninety Six Percent of the time.

Over time all of these hidden fees grow to the point where you’re left with minimal. Pair that with the fact that the human race continues to live longer and longer, and the results speak very clearly for themselves that you will NOT have anywhere NEAR enough savings to fund your retirement lifestyle.

Then what will you do when you’re 60, 65, or even 70 years old (after working for the past 30-50 years)? You won’t even be able to enjoy the retirement phase of your life because you’ll be too stressed and worried about making ends meet when you should really be focused on enjoying the remaining years of your life in peace and prosperity.

The Incredible Benefits that Self-Employment Can Bring You

The feeling of being able to wake up each and every morning on your own terms, while not having to deal with the daily stresses and BS of going to work and having a boss is indescribable.

Without the responsibilities that a 9-5 brings, you’ll have copious amounts of time to channel your focus and energy wisely by committing to finding a business to start, building it, and growing it, while sticking with it through the bumps in the road that every entrepreneur faces,

Being able to focus on your own business is a life changer (literally). Even when going through the ups and downs, having something that is yours is an incredible and enlightening feeling.

It allows you to discover your true self. You turn into a sponge, soaking up everything around you, enabling you to do whatever it takes to learn and progress. The amount of knowledge and insight that you digest over the first few weeks/months of working on your own business begins to drastically outweigh anything and everything that you ever learned from your entire 9-5 career.

You gain unlimited leverage

No longer do you have to be limited by how much income you generate. With time on your side, you can focus on your business as much as you want for as long as you want with no holdbacks
(although it’s ideal to build a business that aligns with certain principles and can eventually become automated and passive, without you being the engine and required to manage it for it to succeed).

If you can increase your productivity levels and determine ways to increase your businesses bottom line, you’re growth potential (professionally and personally) is literally unlimited.

So what are you waiting for? Still not convinced? 

Think about the last time your back was up against the wall. What did you do in that situation?

Humans possess innate behavior. When we sense danger or urgency, we react instinctively without putting much thought into it, if any at all (it’s hard-wired into our brain!).

The same behaviors can be applied in business as well.

When you’re put in certain positions, your abilities become limitless. Being an entrepreneur allows you to tap into this unique and fascinating potential, where the outcomes are infinite and where you can put yourself to the real test.

If you’re afraid of what could or might happen, is it worth convincing yourself to hold on to those fears throughout the rest of your life (to the point where you reach retirement with little to no savings?)

Or does it now make more sense to take the leap of faith, break new ground and take control of your time and your life.

If you choose the latter, you’ll come out on top no matter what plays out.

So just ask yourself, what’s the WORST that can happen?

The Worst Case Analysis (WCA) can help make decisions for you much more clearer. Ask yourself…

1 – What is the worst case scenario of quitting your job/attempting to start your own business?
2 – What is the probability of this outcome?
3 – Is this an acceptable risk for me to take?

Obvious Disclaimer – Everything is dependent on your current situation, if you support a family, if you have medical bills that cannot be easily paid off, etc. In that scenario you’d have to focus on your venture outside of working hours until you can generate enough income to replace your job, or the option of a part-time job to cover your expenses (if possible) while cutting other costs so that you have more time to work on your venture.

“Whether you think you can, or think you can’t — you’re right.” – Henry Ford