The internet is getting full of “quit your job” advice, as if having a job is a sin. But…
Unless you are already earning enough from your side projects or have enough savings for the next 12 months, do not quit your job.
The other day, I received a DM on Twitter from a person asking if he should get a job or start side projects. His parents were asking him to get a full-time job, and he wanted to do small side-projects to make money.
And here’s what I counselled…
Get a full-time job, and then work on your side-projects—spend all the extra time and money that you get from your full-time job on side-projects, and keep learning and growing. That way, you won’t have to worry about where the next month’s grocery bill will come from, and you can focus entirely on your personal projects.
And once you feel you’re earning enough from your side-projects, you have two options:
- Either, you can quit your job and start working full-time on your side-projects
- Or, hire someone to handle all the tasks related to your side-projects
Initially, it feels like you’ll make it without realizing the complications. But having a stable source of income gives you more freedom and guts to experiment.
And it’s the same while quitting your job.
I recommend starting multiple side-projects while you have your full-time job and only quit once your side-projects start making enough money, or you have enough savings that allow you to work for at least 12 months.