I just lost half my income in order to pursue my passion

This is a big day for me, my friends. A HUGE day!!

I QUIT MY JOB!

Today is the first day I’m running my business full-time. No longer am I hustling into all hours of the night on this blog and my business. I just left my full-time job and I feel excellent. The only problem is I just lost half my income (well, almost half)! That’s a huge shock to the system for sure. Ever since I started this blog back in 2012, I wanted to not only help people with their money woes, but also make some money. I’ve accomplished both for sure.

Half the Income, but Twice the Happiness

I don’t want anyone to think that I hated my full-time job. I was there for 8.5 years and enjoyed not only the company, but also my colleagues. It was a very hard day for me to leave on Friday, because I knew I wouldn’t be walking into that office anymore. I got paid well, had excellent benefits, and even more friends. All in all, it was a great job to have. So why in the world did I pack it up to go out on my own?

That’s a question I’ve been struggling with for a long time. While I loved the company, my job was starting to get a little boring. I’m a problem-solver by nature. I like to help people and fix issues. That’s what I did at my job. I’m also very good at automation (think process automation). I helped many people do their jobs faster and be more efficient. It’s how I get so much done within my business. I have processes in place to keep me going, but I also know what I can automate and what I can’t.

When I started thinking about dropping out of the rat race and jumping into self-employment, my mind wandered. How would I make up the lost income? What would I sell? Could I work from home every day? What about my benefits?

The questions kept coming and coming. As a planner, those questions killed me. I knew I worked hard each and every night to build this blog and my WordPress maintenance and support business, but I just couldn’t pull the trigger on leaving. I just couldn’t do it. The planner inside me wouldn’t do it. My heart said do it, but my mind couldn’t stop wondering “what if?” That phrase almost crippled me.

While I’m losing nearly half my income (learn how I made more blogging than my job), I’m gaining happiness and freedom. Yes, I still have to work, but I work on my schedule. I get to do what I want to do. I get to help people with their sites and solve their problems. I get to service my customers the way I want and treat them as every company should. I’m really excited about the potential for my business, my blog, and my network. It’s exciting around here right now. I’m super pumped and ready to hit the ground running!

Quitting My Job Almost Didn’t Happen

As I noted, I struggled with this decision. I had good things going for me. I was making a lot of money (basically two full time jobs), enjoyed the company I worked for, had awesome benefits, and a number of other things. I like to plan for almost every contingency. It’s the defensive pessimist in me. I would love to think that this is all rainbows and unicorns, but I know the roller coaster of self-employment is not for everyone. It’s hard work and you go up and down on a regular basis. The thing is, I wanted to try my hand at it. I wanted to go all in.

I literally went back and forth for months before I put in my notice. My wife, family, and friends all told me to do it. The problem was my mind couldn’t come up with all of the answers for the “what ifs” that kept plaguing me. When I can’t get an answer to something, I obsess about it. I think about it until the idea is dead. I beat that thought until I find an answer or deem it impossible. It’s not one of my best traits in some occasions.

From August 15th until last week, I actually logged 110 miles on my walking app and that was just around the office complex. I took those walks to get my mind right. I took them to talk myself into doing what my heart wanted me to do. I took those walks to clear the air and figure out my next steps. I literally walked for 48 hours over the course of a few months.

It wasn’t until my wife told me something that stuck into me very deep. She said:

“Why do you work so hard at your business if you’re not going to go full-time?”

She was right. Why was I working until the late hours of the night? Why was I pushing so hard to get more blog management clients when I had no intention of quitting my job. When she told me that, I realized it was time to give up my full-time job and switch to self-employment.

My Dad helped me along as well with this awesome quote:

“Son, you can either be an entrepreneur or you can work for one!”

That also resonated with me as well. If you’re not an entrepreneur, then you’re working for one. Let that sink in for a minute.

You can either be an entrepreneur or you can work for one! Click To Tweet

I’m Excited and Scared

To be completely honest with you, I’m scared as hell right now. I just quit my good-paying job for the ups and downs of self-employment. I just left good friends and good benefits to sit (or stand) behind a computer and blog about money and help bloggers with their websites. It’s a damn scary proposition, but it also can be a very rewarding one as well.

While I’m scared on one end, I’m super excited on the other. I’ve prepared for this. I have a lot of money saved up in my savings buckets that can hold me over for a long time if I made no money each month. I don’t see that happening right now since I’ve been at this for three years. I do like having the backup plan in place and that is my savings account for sure.

Most seasoned entrepreneurs will say that if you’re not scared, then you’re doing it wrong. I think that resonates with me and it should with you. It’s easy to get complacent when you have a job and the paychecks come regularly each and every month. They have been doing so for the last 8.5 years. I was complacent and it was affecting my earning potential. With my business, my income is only capped by my willingness to earn more and with my market. With my full-time job, I could only get a certain size raise or bonus. My earnings were capped by more administrative things than my performance. Remember, you can either be an entrepreneur or work for one.

Today, I’m choosing to be the entrepreneur!