avatarAnangsha Alammyan

Summary

An entrepreneur reflects on the 16 months since quitting their day job, sharing insights on the realities of full-time internet entrepreneurship, including the importance of a side hustle, the myth of constant passion, and the value of high-paying clients over numerous low-paying ones.

Abstract

The author, who left a conventional job in September 2021 to pursue full-time entrepreneurship, provides a candid overview of the lessons learned over 16 months. The journey encompasses the creation of new income streams, the challenges of burnout, and the competitive nature of online business. Emphasizing the need for a side hustle before taking the plunge, the importance of discipline over passion, and the significance of financial planning, the author dispels the notion that following one's passion guarantees a life of uninterrupted fulfillment. The article also touches on the necessity of building a personal brand, respecting deadlines, and choosing the right clients for long-term success. It serves as a guide for aspiring entrepreneurs, highlighting the importance of resilience, smart decision-making, and the utilization of freedom in shaping a fulfilling career.

Opinions

  • Quitting a job should be based on more than just dissatisfaction; a change in environment or role may reignite passion for one's work.
  • A side hustle should be validated and financially sustainable before one considers quitting their job to pursue it full-time.
  • Passive income is a long-term goal that requires active effort and dedication to establish.
  • Building a personal brand online from the outset is crucial for aligning with one's long-term vision.
  • Discipline and systems are more sustainable in the long run than relying solely on passion.
  • Financial management is essential, and hiring a professional can be more beneficial than struggling with unfamiliar tasks.
  • Upholding commitments and respecting deadlines are key to maintaining good client relationships.
  • Not every day will feel passionate, and treating one's passion as a job is often necessary for success.
  • Naysayers are inevitable, but their advice should be weighed against the life they lead.
  • Choosing projects and clients based on long-term benefits and alignment with personal values is more important than immediate financial gains.
  • Comfort from a day job can become a trap, preventing one from pursuing their dreams.
  • High-paying clients are more valuable than multiple low-paying ones, as they contribute significantly to the lifestyle one aspires to create.
  • Letting go of low-paying opportunities can be beneficial for attracting growth-oriented clients.
  • The freedom that comes with self-employment is a double-edged sword that must be managed wisely.
  • Support may come from unexpected places, and one should not be disheartened by a lack of support from close friends.
  • Reading and learning from others' experiences can provide guidance and companionship during challenging times.

It’s Been 16 Months Since I Quit My Day Job. Here Are 16 Truths About Following Your Passion.

The good, the bad, and the ugly of being a full-time internet entrepreneur.

Image from the author’s Instagram.

I quit my day job in September 2021.

Since then, I’ve changed niches, created unexpected income sources from scratch, and worked with clients worldwide.

I’ve also survived breakdowns, crawled my way back from severe burnout, and floated on in this unexpectedly competitive world of online entrepreneurship.

If you’re on the verge of quitting your job to pursue your long-cherished dream of entrepreneurship, I have something in store for you.

In this post, I’ve listed 16 bite-sized truths from my 16 months as a self-employed creative entrepreneur. Hope you find some value in my insights. Don’t forget to leave your thoughts in the comments.

16 Unexpected Truths About Quitting Your 9-to-5 to Pursue Your Passion

  1. Hating your job is *not* a good enough reason to start freelancing or building your business. Sometimes, you need a change of team, boss, or office to bring back the spark you’re so dearly missing.
  2. Start with a side hustle first. Validate the idea, build a version, get beta users, scale it, and think about quitting your job only after it’s financially sustainable for a couple of months.
  3. Don’t expect to build passive income streams at the outset. It will take several months, if not years, of active effort to finally build assets that pay you while you sleep.
  4. Show your work online. Don’t wait until after your product launch to start creating a digital presence. Build a personal brand aligned with your long-term vision from day one.
  5. You won’t rely on passion alone to keep going. Difficult phases will demand you to draw upon your reserves of discipline. Only the ones who’ve built successful systems can keep pushing on in the long run.
  6. Learn to do your finances before you hit your income goal. Otherwise, the taxes and penalties will accumulate, and you’ll be at a loss for what to do at the end of the financial year. Hire a professional rather than beating yourself up over something that’s not your skill set.
  7. Respect deadlines. Treat long-standing clients with the respect they deserve. Hold your promises sacred, and you’ll see the rewards flowing.
  8. Following your passion doesn’t mean every day will be filled with “passion.” On most days, your work ethic will see you through. In other words, how effectively you can treat your passion like your job counts more than you think.
  9. There will always be naysayers, especially when doing something so bold as to go against societal conventions. Stick to the mantra that has helped me many times: Don’t take advice from somebody who’s living a life you don’t want to live.
  10. Don’t get swayed by immediate monetary benefits. Carefully discern which projects will benefit you in the long run, and choose clients that let you lead a life more aligned with your core values and vision.
  11. A day job is like a safety net. If you let it entangle you for too long, you’ll never be able to take the leap of faith. So weigh your options, yes, but don’t let comfort trap you so long that you lose your will to pursue your dreams.
  12. One high-paying client is more valuable than 20 low-paying clients. Focus on attracting the right kind of clients that help you build your dream life. Which brings me to….
  13. Be okay with letting a few low-paying opportunities go. This might hurt your bank balance in the short term but will leave you will enough space and time to attract the type of clients that push you towards growth.
  14. Once you quit your day job, you’ll have more freedom than you ever did in your life before. How you utilize this freedom can decide how your life will look a couple of years from now.
  15. Your closest friends might not support your decision. Instead, someone you randomly met on the internet might become your biggest supporter.
  16. If you feel alone or confused, read. The human race has collectively survived so much trauma that it’s impossible the problems you’re facing currently haven’t been faced by anyone before. Find people who’ve led similar lives and draw lessons from their experiences.

If you’re curious about how to land high-paying freelance writing clients, I’ve designed a detailed 90-day action plan to shortlist, pitch to, and convert high-value global clients. 100+ writers have benefited from this framework so far. You can be the next.

Self Employed
Entrepreneurship
Solopreneur
Self Improvement
Business
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