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I've quit my job without a plan a few times in my life. Sometimes things get a bit tough, but it works out in the end and I think everyone should do it at leas
by ravenstine 5y ago
I've quit my job without a plan a few times in my life. Sometimes things get a bit tough, but it works out in the end and I think everyone should do it at least once so they can get over the fear. Once you don't fear quitting, you're much more psychologically free.
I will say that a cash reserve is definitely key. The second time I left a job without a plan, I underestimated how much cash I would need to sustain myself for a long period of time. I ended up moving in with a friend and did a combination of contract work and GrubHub for around 6 months. In that time I also wrote and shipped a mobile app that I ultimately abandoned because I didn't have a good model for monetization.
The closest thing I had to a "plan" for if things really went south was to live out of my car. I spent some time to retrofit the trunk of my car into covert sleeping quarters and practiced sleeping in it. LOL
When I started applying for jobs again, I simply explained that I took the time off from traditional employment because I had a few apps I wanted to write and needed to dedicate my time to, which was 100% true. Employers seemed to have no problem with this at all; I actually got more interviews that year than I did in the past.
The last time I left I had quite a bit of cash saved up and had less rent to pay, thus it was much easier to simply leave without another job lined up. I had a few business and engineering projects to work on, so my plan was to work on those.
IMO, having more than a simple financial plan is overrated. It's industry dependent, no doubt, but as a developer it can be scary to leave a job without another one lined up, and everyone will tell you to never quit without already having another job. If you are single or at least don't have kids, it's not that hard to recover from mistakes, especially if you have a support system.
The one other thing I would say is that I think it's best to have a purpose when quitting. Definitely quit if you are miserable, but quitting and then not having something to do can also be bad.