Thinking about quitting my job

[BPH]

I don't know what kind of replies I'd expect, but feel free to weigh in on this if you have a strong opinion on the matter.

I'm thinking of quitting my job tomorrow.

Medical marijuana revenue this year is 30% down this year, from the 30% down it was at this same time last year. My boss has already cut my hours down from 40 to 32, meaning I'm now making $1,559 every 2 weeks, or about $37,416 per year. I anticipate it'll get worse before it gets better, since our service isn't unique anymore, and my boss isn't competitive with the pricing.

He also does not want me to work remotely, although I could do so, and have done so when I'm sick. So this means that if I were to move out of my parents' place, unless I were moving somewhere in northern Delaware, I'd probably have to leave that job anyway.

The job market is also crap; my brother got scammed by a phony job listing that cost him several thousand dollars, and I almost got scammed by a remote job listing in a similar fashion.

So I'm thinking...why don't I just quit?

Tomorrow I'm scheduled to receive my $1,559 paycheck. With the money my parents gave to each of their children, this would put me at around $26,000 in the bank. Plus, I've fully paid off my student loans, and my only recurring expenses are overhead and stuff like a gym membership and groceries.

Why don't I just go all in on dating coaching and take that risk?

For the past 5 years, I've had this job as a "safety net" while I pursued other things, but it's always been a balancing act - I've always had to juggle those other things with the obligations of this job.

Now I'm here wondering, what's the worst that could happen if I lose that safety net and just do this?

It wouldn't be an emotional decision. I've fantasized about quitting many times...

My boss is an obese prick who likes to remind me that doing things his way (even if they make no sense) is why he "makes the big bucks" and why I'm the employee. If I do something wrong, I get chewed out. If I do something right, I get chewed out because I could've done better/corrected something somebody else did wrong.

I feel no sense of loyalty to him. Same to my coworkers, who get passive-aggressive and complain to my boss any time I make a request of them that goes beyond the bare minimum they're expected to do.

Here's how I see it...

Medical marijuana is on the downtrend here because it's becoming easier to get legally, and we are 2-3x more expensive than our competitors without offering any significant benefit at that price point. I would not be surprised if I were to get downgraded to my old schedule of 20 hours per week, or if the business went bust entirely in the next few years.

From the time I leave my house in the morning until the time I get back after work and the gym, it's usually been about 11 hours, and I'm usually quite tired. Instead of looking for another job as a lateral move, or trying to half-ass this with the time I have left in my day, I'm wondering how productive I could be if I lost the safety net and got that time back.

My parents are not enthused about that idea, especially since I'm living rent-free under their roof. But they've also worked Rat Race jobs and/or been underemployed their whole lives, so they see the same "solution" that everybody else does: a job.

 

[Vanderdonck]

My take:

Don't give up a paycheck if you can help it. Work on an escape plan but keep the money flowing in.

Even if your boss is a prick, why allow him to potentially mess up your finances? I would rather suck it up and do the work and he can fire me if he doesn't like me.

It's also much easier to find another day job while you have one. Or structure your time as a dating coach on the side (for now).

Only caveat is if the atmosphere is so bad that it's seriously affecting your mental well being.

I know it's very RP to say "burn the ships" and I get that. I've only ever quit a job I hated once, and that was because I'd had several interviews lined up and had a good chance of landing on my feet. But I still think a baseline income to keep saving money is better than living off savings, which I've also done.

 

[sevbucmash]

Medical marijuana revenue

Don't smoke that sh*t. Whoever smokes it is lazy and don't make enough money. Seriously, stay away from weed.

 

[BPH]

My take:

Don't give up a paycheck if you can help it. Work on an escape plan but keep the money flowing in.

Even if your boss is a prick, why allow him to potentially mess up your finances? I would rather suck it up and do the work and he can fire me if he doesn't like me.

It's also much easier to find another day job while you have one. Or structure your time as a dating coach on the side (for now).

Only caveat is if the atmosphere is so bad that it's seriously affecting your mental well being.

I know it's very RP to say "burn the ships" and I get that. I've only ever quit a job I hated once, and that was because I'd had several interviews lined up and had a good chance of landing on my feet. But I still think a baseline income to keep saving money is better than living off savings, which I've also done.

I just feel like I'm roughly in the same place I was 5 years ago when I started this job...living at home with my parents, not enough to move out and stay out. The only difference is that now I have a lot more money saved up and no debt.

I think something has to change, because otherwise I'm going to keep trying to juggle my business with my job and being too tired at the end of the day to make progress on the former, while the latter's income diminishes along with the marijuana business.

 

[Doctor Europeo]

Sounds like a dead end job with a bad pay.

 

[Divorced w 3]

If you quit your job, have money, and have other things to do. Sitting at home right now is getting monotonous. I trade a bit but that is a very boring process. I’m at the gym now nearly mid day which, while a relief socially is a little depressing from a self esteem perspective. I promise you, without other things to do you may quickly go bananas. I’m not there yet but there are certainly days that are longer than others. You don’t want to force conversation with people for the sake of having them, but on the flip maybe you see and connect with people you haven’t been connecting with.

 

[BackInTheGame78]

I'm torn because I can see the merits of doing this since you are not making much to begin with, but also not since most of the money you are making is being saved in a slush fund.

I also see their point in that they are probably not wanting you there forever and you quitting your job is taking a risk that could ultimately use up most of the 26K saved.

But at the same time, typically people who are passionate about something will work much harder and relentlessly than they will when they have no passion for it and are working for someone else.

How are you planning to get clients? What is your marketing plan? How are you going to expand your services when there are only x amount of hours in the day that you can personally work? How are you going to come up with other things that you can build passive income from that don't require you to trade YOUR time for money?

Those are all things you need to have laid out and you should actually sit down and write up a professional business plan and then pitch it to your parents. Even if they don't agree, they will at least see you are taking it seriously and have put a good amount of thought and effort into it.

If you do this, you better have a backup plan if thing don't work out. Like it can't be "I'm just going to quit and see what happens."

You need to have specific goals and milestones within specific timeframes that you have in mind that you should be hitting to show that this is viable and growing, otherwise you run the risk of just saying "it's going to work" but having no timeframe or idea what that actually means or looks like.

And then if you get to the end of the time and you have made some progress but not reached your goals you need to reassess to see if it's something you want to continue or if it's something that is not viable.

Essentially, make sure you have contingency plans in place for every eventuality, come up with an actual business plan and then execute it, tweaking as needed.

 

[BPH]

Sounds like a dead end job with a bad pay.

The pay isn't terrible. I make $25/hour, and the job itself is easy, if a bit mind-numbing, with a prick of a boss who calls me every so often to chew me out about not fixing (usually somebody else's) mistakes.

The issue is the hours being cut back, and the likelihood that things will get worse rather than better. There is nowhere for this to go; no opportunity for advancement, and a raise when revenue is this low would be out of the question - especially since I'm getting paid for 8 fewer hours each week.

If you quit your job, have money, and have other things to do. Sitting at home right now is getting monotonous. I trade a bit but that is a very boring process. I’m at the gym now nearly mid day which, while a relief socially is a little depressing from a self esteem perspective. I promise you, without other things to do you may quickly go bananas. I’m not there yet but there are certainly days that are longer than others. You don’t want to force conversation with people for the sake of having them, but on the flip maybe you see and connect with people you haven’t been connecting with.

I would just take that time and invest it into building this dating coaching thing.

I'd have time to build a WordPress blog, more flexibility for weekly calls/discovery calls, create lower-ticket offers and lead magnets, and most importantly, record and upload more content to bring in new clients.

I'm not considering quitting my job to just do nothing. I'm just finding it hard to make progress with this thing that could make me a lot more money, because I'm tired at the end of the day from working this thing that makes me a little money. I'll never get that time back, and I've reached the upper limit of what my job can pay me.

I'm torn because I can see the merits of doing this since you are not making much to begin with, but also not since most of the money you are making is being saved in a slush fund.

I also see their point in that they are probably not wanting you there forever and you quitting your job is taking a risk that could ultimately use up most of the 26K saved.

But at the same time, typically people who are passionate about something will work much harder and relentlessly than they will when they have no passion for it and are working for someone else.

How are you planning to get clients? What is your marketing plan? How are you going to expand your services when there are only x amount of hours in the day that you can personally work? How are you going to come up with other things that you can build passive income from that don't require you to trade YOUR time for money?

Those are all things you need to have laid out and you should actually sit down and write up a professional business plan and then pitch it to your parents. Even if they don't agree, they will at least see you are taking it seriously and have put a good amount of thought and effort into it.

If you do this, you better have a backup plan if thing don't work out. Like it can't be "I'm just going to quit and see what happens."

You need to have specific goals and milestones within specific timeframes that you have in mind that you should be hitting to show that this is viable and growing, otherwise you run the risk of just saying "it's going to work" but having no timeframe or idea what that actually means or looks like.

And then if you get to the end of the time and you have made some progress but not reached your goals you need to reassess to see if it's something you want to continue or if it's something that is not viable.

Essentially, make sure you have contingency plans in place for every eventuality, come up with an actual business plan and then execute it.

I agree with pretty much everything you said there. What's unique about this compared to past ventures is that this is MY idea, using MY skillset. I haven't made a ton of money yet, but I got 3 clients - all from this forum - and have been working with 2 of those 3 for the past 3 months since they initially signed on...I've got 2 more guys from the forum that are interested, with 1 who already has a call scheduled tomorrow.

It leads me to wonder how successful this could be if I had the time to take this beyond the forum.

Currently, my plan is to have a discussion with my boss and just see how it goes. One thing I could potentially see myself being open to would be if he were to allow me to work my job fully remote, and maybe downsize to 20 hours per week as part-time, so I have time to work on the dating coaching.

Between this forum and the entrepreneur forum where I originally posted this, I just wanted to get some more feedback to avoid making a knee-jerk decision.

 

[Vanderdonck]

I just feel like I'm roughly in the same place I was 5 years ago when I started this job...living at home with my parents, not enough to move out and stay out. The only difference is that now I have a lot more money saved up and no debt.

I think something has to change, because otherwise I'm going to keep trying to juggle my business with my job and being too tired at the end of the day to make progress on the former, while the latter's income diminishes along with the marijuana business.

I don't know the housing market in your area. Can you put a down payment on a house or apartment with your savings? Then at least you could pay a mortgage. You could quit your job afterwards.

 

[BPH]

I don't know the housing market in your area. Can you put a down payment on a house or apartment with your savings? Then at least you could pay a mortgage. You could quit your job afterwards.

Why would I want to take on a mortgage if I were to quit my job and not have income?

 

[Divorced w 3]

The pay isn't terrible. I make $25/hour, and the job itself is easy, if a bit mind-numbing, with a prick of a boss who calls me every so often to chew me out about not fixing (usually somebody else's) mistakes.

The issue is the hours being cut back, and the likelihood that things will get worse rather than better. There is nowhere for this to go; no opportunity for advancement, and a raise when revenue is this low would be out of the question - especially since I'm getting paid for 8 fewer hours each week.



I would just take that time and invest it into building this dating coaching thing.

I'd have time to build a WordPress blog, more flexibility for weekly calls/discovery calls, create lower-ticket offers and lead magnets, and most importantly, record and upload more content to bring in new clients.

I'm not considering quitting my job to just do nothing. I'm just finding it hard to make progress with this thing that could make me a lot more money, because I'm tired at the end of the day from working this thing that makes me a little money. I'll never get that time back, and I've reached the upper limit of what my job can pay me.



I agree with pretty much everything you said there. What's unique about this compared to past ventures is that this is MY idea, using MY skillset. I haven't made a ton of money yet, but I got 3 clients - all from this forum - and have been working with 2 of those 3 for the past 3 months since they initially signed on...I've got 2 more guys from the forum that are interested, with 1 who already has a call scheduled tomorrow.

It leads me to wonder how successful this could be if I had the time to take this beyond the forum.

Currently, my plan is to have a discussion with my boss and just see how it goes. One thing I could potentially see myself being open to would be if he were to allow me to work my job fully remote, and maybe downsize to 20 hours per week as part-time, so I have time to work on the dating coaching.

Between this forum and the entrepreneur forum where I originally posted this, I just wanted to get some more feedback to avoid making a knee-jerk decision.

Those don’t sound like good reasons to give up income. You’re not even working a full week. There’s no reason you can’t do your other job on the side.

 

[BPH]

Those don’t sound like good reasons to give up income. You’re not even working a full week. There’s no reason you can’t do your other job on the side.

I don't feel overworked, just spread thin by a job I hate, where the only reason I've been staying on board is to receive a dwindling paycheck. I feel I could be much more productive and happy in something with much higher earning potential if I were to get that time back...especially since that $37,000/year is the most I'm likely to ever make through this job.

 

[Clockwerk50]

I wouldn’t quit your job, at least not yet. You might already know this, but there’s a concept called the time value of money. It means that a dollar you have today is worth more than a dollar you might earn in the future. That’s because money now can be saved, invested, or used to build something but future income isn’t guaranteed.

I’m also not sure what full-time work on your dating coaching business would look like. What would you do with those extra 8 hours each day that you can’t already do now? Would you be reaching out to clients? Creating content? Writing a book? A lot of that could be done in your free time if you plan your schedule carefully.

Also, it’s usually harder to find a new job once you’re unemployed. Being currently employed makes you more attractive to employers. And since you have a bachelor’s degree, you could probably apply for better jobs like a Customer Service Manager role that can pay around $80,000 a year.

Unfortunately, life often requires trade-offs. You might need to cut back on things like going out, drinking, gym time, friends, if you want to make more time for your business. That’s just part of building something on the side. It sounds like you’re just thinking of quitting to push yourself to finally go all-in on something new, but I think you can start growing your business without having to give up your paycheck just yet.

 

[nicksaiz65]

You’ll have to remind me, what is your degree in again?

 

[Bible_Belt]

The legal cannabis industry has been a race to the bottom from the very beginning. It's the same pattern in every state. At first, a few very politically connected people get a license to print money. Then it's all downhill for everyone else.

Hemp-derived cannabinoids have been crushing the market since the last farm bill accidentally legalized them. First it was delta 8, and now it is thca "hemp," which is actually just weed. It's everywhere, and yet at the same time very sketchy in a legal sense. Stores get raided all the time.

You don't strike me as someone who cares that much about cannabis, which is fine, and probably a compliment. But some people do, and there's no reason to engage in competition with them in an already very difficult industry.

The dating coach thing really limits you to a narrow clientele. If you were a "life coach," then anyone could buy your services. That includes straight single guys who have just given up on the idea of dating, often because they need a lot more basic help first. You'd be like a physical trainer at the gym, just remotely and more general.

 

[BPH]

You’ll have to remind me, what is your degree in again?

Behavioral Health & Nutrition. Basically, an offshoot of Exercise Sciences with more of a focus on macronutrients.

The legal cannabis industry has been a race to the bottom from the very beginning. It's the same pattern in every state. At first, a few very politically connected people get a license to print money. Then it's all downhill for everyone else.

Hemp-derived cannabinoids have been crushing the market since the last farm bill accidentally legalized them. First it was delta 8, and now it is thca "hemp," which is actually just weed. It's everywhere, and yet at the same time very sketchy in a legal sense. Stores get raided all the time.

You don't strike me as someone who cares that much about cannabis, which is fine, and probably a compliment. But some people do, and there's no reason to engage in competition with them in an already very difficult industry.

The dating coach thing really limits you to a narrow clientele. If you were a "life coach," then anyone could buy your services. That includes straight single guys who have just given up on the idea of dating, often because they need a lot more basic help first. You'd be like a physical trainer at the gym, just remotely and more general.

I don't care about the weed business at all. I don't even smoke the stuff.

I fell into this job because my mom was working under my boss as a nurse in one of his unrelated side ventures. I was good at it, it was easy enough, and it was an upgrade from the job I was working at the time, when the COVID shutdowns got in the way of work, which was as a front desk attendant at a nearby gym.

I understand that a life coach might have a broader appeal, but I'm focusing on something that I'm REALLY good at, not just KINDA good at. Getting laid more is something that a lot of guys really want to experience, but also feel like there's a negative stigma attached to wanting that for themselves - society deems it "shallow". A lot of guys are also prideful, as in my one friend who was dry for more than a year, but wouldn't listen to my advice when dealing with a particular girl whom he almost went home with BECAUSE of my advice.

I think if I can build a positive track record, refine my service, and appeal to men who are experiencing a lot of pain by not having this part of their lives figured out, I could be a unique solution to that problem - and charge accordingly.

Plus, it's something I enjoy infinitely more...it's like playing your favorite video game with friends; they're new and inexperienced, and I'm there to guide them on how to get the most out of it.

 

[BeExcellent]

Don't quit quite yet. Keep saving as much as you can and keep coaching. Release the "hate" as that requires more emotional bandwidth than its worth.

Explore career moves in your field (you'll find great opportunities more common in more health conscious areas, like San Diego or Phoenix or Austin.)

Get in touch with some recruiters on LinkedIn, check out job postings at hospitals for example.

Consider becoming an influencer. Check out Matthew Hussey. He's done very well in the dating space.....

 

[BPH]

Don't quit quite yet. Keep saving as much as you can and keep coaching. Release the "hate" as that requires more emotional bandwidth than its worth.

Explore career moves in your field (you'll find great opportunities more common in more health conscious areas, like San Diego or Phoenix or Austin.)

Get in touch with some recruiters on LinkedIn, check out job postings at hospitals for example.

Consider becoming an influencer. Check out Matthew Hussey. He's done very well in the dating space.....

The issue I have with those suggestions is that they ultimately lead to continuing the unending grind of being a 9-5 employee, albeit with (hopefully) higher wages. They don't lead to financial independence, as I'm not in charge of my income - somebody else is, and that somebody has the ability to fire me for any/no reason.

That's the problem I see with dumping more time, something I will never get back, into something where I'd already reached my earning potential.

I am familiar with Matthew Hussey, and becoming more of an influencer via content creation is what I would be doing with that extra time, as that's how I imagine I'd get clients outside of this forum most easily.

 

[nicksaiz65]

I think we chatted about this a bit, but it’d be dope if you could get infields, reciepts, testimonials(I recorded a draft one of mine) and so on.

I think most people here on SS know you, and I had seen your FRs for years, but for people outside of here seeing that would likely get more clientele imo.

I tried to tell some of my friends about your coaching & their main objection was “how do you know he gets laid? You aren’t getting scammed?” They just would not believe me.

The SS people already know you’re doing your thing but I think that’d be good for expansion..

 

[BPH]

I think we chatted about this a bit, but it’d be dope if you could get infields, reciepts, testimonials(I recorded a draft one of mine) and so on.

I think most people here on SS know you, and I had seen your FRs for years, but for people outside of here seeing that would likely get more clientele imo.

I tried to tell some of my friends about your coaching & their main objection was “how do you know he gets laid? You aren’t getting scammed?” They just would not believe me.

The SS people already know you’re doing your thing but I think that’d be good for expansion..

We did, and I agreed with you. I just wouldn't know how to create content like that where skeptics wouldn't still find something to criticize...I mean, we JUST had that @ValiantMale guy photoshop a conversation with his "girlfriends", and I'd told you that a former mentor of mine used paid models for his infields.

There's also the cornball I met in Miami who took a picture for his Instagram of the girls I was making out with as if HE were pulling them.

This is the reason I think I would do so well, because I'm not fabricating my background or blowing smoke up people's a*sses. But you are right - convincing guys of my credentials would likely be the biggest hurdle.