When Is the Right Time to Quit Your Corporate Job?
Jan 18, 2021
In this episode of Profits + Prosecco Podcast, I want to talk to you about when the right time to quit your corporate job is. I see this all the time in my program where people are holding on and looking for the right time to get out. I understand how big of a decision this can be for some and I want to acknowledge that in this week’s episode.
But before we dive right in, welcome to the Profits + Prosecco Podcast! I’m your host, Katie Ferro, CPA, reformed rule follower, creator of Booked Out Bookkeeper, mom to 3 little ones, and Kajabi enthusiast.
This podcast is for entrepreneurs who desire to change their life through their profitable business, and for bookkeepers and accountants who want to escape the 9-5 and start a simple scalable bookkeeping business like I did.
Bookkeeping increases profits and profits change lives. So pop some bubbles and let me show you how!
In this episode, we are going to tackle what is possible for you when you leave your corporate job and allow new opportunities to come your way. And for even more juicy details, listen to ALL of episode 7 of the Profits + Prosecco Podcast on your fave streaming platform.
Why your job is likely costing you a lot.
My perspective on this is really valuable because I understand where you are and I understand your fear because I have been there, but I also know what’s possible. Your job is most likely costing you a lot, both in opportunity cost and what you could be earning. More importantly, it's also costing the life you could be living. While you are working for someone else, answering phones, responding to emails, you could be living your life and prioritizing yourself and your family.
When people are ready to give up their corporate jobs, they often think about what they are sacrificing by quitting that job. I challenge you to ask yourself instead, “What am I sacrificing by staying?" You have to understand that you can’t do all the things, you can't be all the things! So when your job is taking up space and prevents you from being present, it also prevents you from being creative, being expansive, and having the opportunity to get on sales calls to serve new clients.
Three signs that you need to leave your corporate job.
The first sign is that you're miserable at work, you’re miserable going to work, and you even have miserable thoughts about work on a Sunday. If you are feeling that way, you need to leave your job and you need to be working on how and when you're going to do it.
The second sign is that you know you're meant for more and you know you're supposed to be doing more with your life. You also know that you deserve more vacations and you know you deserve not to check in with someone when you’re sick. You should be able to be present for your children’s doctor appointments, you should be able to go to unlimited weddings to go see your family and friends, and you should never have to ask permission from someone to do so. If you know that life has more experiences for you than your corporate job, this is a big sign that you need to leave.
The last sign that you're ready to leave is that you're holding on for all the wrong reasons. If you're staying at your job because you feel like they need you, that’s a bunch of nonsense. It’s a terrible reason to stay! That’s not what your life is for and that's not how you step into your purpose to serve. If you are someone who won't leave for this reason, you are a giver. You want to give your energy and you're worried about the people that you work with because you care about them. You do not stay at a job because you think you're irreplaceable. You have to remember that there always is somebody out there that could do your job with more enthusiasm and serve the job a lot better, therefore you are not irreplaceable. You may be good at what you do, but you are not that irreplaceable. Your job will be fine if you leave.
When the right time to leave your job is.
I would say that the right time to leave your corporate job is when you don't feel ready yet, but you don't feel desperate either. You shouldn't have your corporate salary replaced because then you've limited yourself. You don't want to be desperate because you need to know and be grounded in the fact that you're capable of doing this. If you free up the 50 hours a week that you were giving to your corporate job, you'll get by and you'll know that it’s only up from here. Once you leave, you can get scrappy with the sacrifices that you make and hold your beauty to the fire. Now, you can finally get creative, inspired, and challenge yourself.
When Is the Right Time to Quit Your Corporate Job?: The Bottomline
If you have to give this episode another listen or two just for it to sink in and drive the point home, then do it. If you are debating on leaving your corporate job, embrace the fact that you are being called to this next stage in your life. When you hold onto things that no longer serve you, it is one of the most costly things you can do and it can also cause big long-term damage. I hope this episode encouraged you all to listen to your thoughts, prove your process, and challenge yourself to leap even when it seems scary.
Don’t forget to tune into episode 7 of the Profits + Prosecco Podcast. Thank you so much for listening to Profits + Prosecco Podcast. I hope this episode has helped you see how valuable your time and effort are. If you enjoyed the episode, please take a second to rate and review. Each review helps us reach and inspire more entrepreneurs and bookkeepers just like you.
Don’t forget to take a screenshot, share it in your Instagram stories, and tag me at @orderlyaccountingbykatie. Cheers to your inevitable success and I’ll see you in the next episode!
Connect with Katie Ferro
Join my Facebook Group, The Profit Pursuit Community, which is ridden with tips and trainings to help you know your numbers, increase profits, and avoid mistakes when it comes to the numbers side of your biz.
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