Quit your Job

Quit your Job

Released Thursday, 17th October 2024
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Quit your Job

Quit your Job

Quit your Job

Quit your Job

Thursday, 17th October 2024
Good episode? Give it some love!
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Episode Transcript

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0:03

Hey everyone, I am voice with Warikku.

0:06

I am here with the English podcast

0:08

series. I am very happy to be

0:10

here with you. Career,

0:12

relationships, personal finance,

0:15

success, failure and

0:17

frankly, I am very happy to be here with you.

0:20

Today is Thursday, my favorite

0:22

podcast platform for this episode.

0:24

Voice with Warikku. So

0:29

the other day I was reading

0:31

about this founder called Brian Armstrong.

0:35

Brian Armstrong is a startup

0:37

Coinbase founder. Coinbase is one of

0:39

the US's largest brokerage companies. So

0:41

just in India, I am a

0:44

real estate user. And

0:47

he explains how he built Coinbase on

0:50

nights and weekends while working in

0:52

his day job at Airbnb. So

0:55

he basically describes how he full-time jobs at Airbnb.

0:58

And he would often work at Airbnb till

1:00

about 7pm or so. Then

1:02

he would come home, eat dinner and

1:04

then he would start working from 8pm to

1:07

midnight. Then he would do the same thing

1:09

3-4 days a week and he

1:11

would also do it on weekends. But

1:13

weekends he would then work for 7-8 hours. And

1:18

I personally believe that that is

1:20

a very smart way to

1:23

think about your passion. I

1:25

feel that this approach either comes from a point of

1:27

privilege, that

1:32

you can quit your job to follow your passion, or

1:37

more often it comes from absolute

1:39

foolishness. And here is why I

1:41

think it is foolish. When

1:43

you quit your job, and

1:45

especially when you are not yet

1:47

financially stable, it means

1:50

that the pressure of earning money will

1:53

fall on your passion from

1:55

day one. From

1:57

day one, you can't make any money. So

2:01

from day one itself, you

2:03

will have to force your passion to

2:05

start thinking about money. And

2:07

that will convert your passion into

2:10

your profession before you even

2:12

got a chance to build

2:14

that passion out. So let's say

2:16

your passion is teaching, your passion is singing, your

2:18

passion is dancing. There is

2:20

no way that you're going to make money from

2:23

that, from day one. But because you don't have

2:25

a money source now, because you've quit your job

2:27

to follow your passion, you

2:29

will be forced to now

2:31

think of teaching, dancing, singing

2:34

as a profession, as something you have to

2:37

earn money from. You've basically

2:39

killed your passion. So

2:42

here is my three-step

2:44

process in how do you convert

2:46

your passion into a profession. First,

2:48

stay in your job. Stay

2:51

in your job as long as it doesn't physically or

2:53

emotionally harm you. So the job

2:55

is not toxic, it

2:57

pays the bills, stay in that. Number

3:01

two, work nights, weekends,

3:03

holidays on your passion. Do

3:06

everything that you need to do without putting the

3:08

pressure of making money from it. Learn

3:11

from your mistakes, fail, improvise and

3:13

continue doing it. Your job is

3:15

paying the bills. Your

3:17

passion is simply getting discovered. And

3:20

step number three, when your passion

3:22

income predictably becomes higher than

3:25

your professional income, you

3:27

can now consider quitting your job. That

3:30

is how I would play it. At

3:32

least three months where your passion

3:34

income has been higher than your

3:36

professional income. If you hit that,

3:39

I think you are on a way to consider quitting

3:41

your job and it will not

3:43

be a foolish decision if you do

3:45

decide to do so. However,

3:48

don't kill your passion the

3:50

day you decide to raise

3:52

it. Please

3:54

give it time to nurture.

3:58

Give it time to develop. give

4:00

it time to hone it. And

4:02

the way to do that is to have

4:04

financial stability. And for most of us, that

4:08

will come by staying in a

4:10

job. All

4:12

the best.

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