Another one to quit...

Discussion in 'Investor Psychology & Mindset' started by Omnidragon, 24th Oct, 2015.

Join Australia's most dynamic and respected property investment community
Page 2 of 2
  1. 733

    733 Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    567
    Location:
    Brisbane
    Right behind you Xenia...owning your own business definately means huge hours but also huge rewards...not relying on an employer anymore...the only way to be redundant now is to become irrelevant
     
    733, 9th Nov, 2015
    #21
    D.T. and Xenia like this.
  2. 733

    733 Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    567
    Location:
    Brisbane
    It's the sitting in a pod having to be visible in one space locked in for 8 hours a day that was soul destroying for me ...I recall thinking, Jesus, two degrees and a Masters degree and I get this?...when working in senior mgt surrounded by narcissistic power thirsty peers...just did not work for me anymore...
     
    733, 9th Nov, 2015
    #22
    Logan likes this.
  3. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    I was bit late at 34, decided to leave the plush office and went into partnership with a friend in a very old building in Sydney CBD. It's liberating in many ways...no ties unless in meetings (oh yes, no useless and meaningless meetings...)
     
    larrylarry, 9th Nov, 2015
    #23
    Redom, Property Twins and 733 like this.
  4. Michael_X

    Michael_X Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    333
    Location:
    Gold Coast/Sydney
    Congrats - exciting times ahead :)

    Just left work too, 30yo. I thought leaving corporate would be good, 3 months out it's even better than I thought.

    Find something you are passionate about and the 5x income will take care of itself.

    Cheers,
    Michael
     
    Michael_X, 9th Nov, 2015
    #24
    Observer, WattleIdo and Redom like this.
  5. D.T.

    D.T. Specialist Property Manager Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    9,190
    Location:
    Adelaide and Gold Coast
    I was happy with 3x, but sure ill take 5x no probs :)
     
    D.T., 9th Nov, 2015
    #25
  6. Phantom

    Phantom Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    2,054
    Location:
    Sydney
    When you say 'went into partnership in an old building' do you mean you bought the building and LOR Or you work within the building in some kind of business?
     
    Phantom, 11th Nov, 2015
    #26
    larrylarry likes this.
  7. larrylarry

    larrylarry Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,392
    Location:
    Sydney
    No. Clarify: went into partnership. work in an old building. happy days so far with a demolition clause in place though.
     
    larrylarry, 11th Nov, 2015
    #27
  8. Phantom

    Phantom Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    2,054
    Location:
    Sydney
    May I ask what field of work?
     
    Phantom, 11th Nov, 2015
    #28
    larrylarry likes this.
  9. WattleIdo

    WattleIdo midas touch

    Joined:
    18th Jun, 2015
    Posts:
    3,429
    Location:
    Riverina NSW
    Congratulations Michael - that's fantastic!
     
    WattleIdo, 11th Nov, 2015
    #29
    Michael_X likes this.
  10. Steven Ryan

    Steven Ryan Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,656
    Congratulations–awesome to see you making the move.

    I too threw the towel in recently, also age 30 (seems the magic number). It's absolutely liberating, and empowering.

    All the best living the rest of your life on your terms. :)
     
    Steven Ryan, 11th Nov, 2015
    #30
    Michael_X and skater like this.
  11. Michael_X

    Michael_X Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    333
    Location:
    Gold Coast/Sydney
    Free range human beings :) Stole that one from @Rolf Latham
     
    Michael_X, 11th Nov, 2015
    #31
    skater likes this.
  12. RetireRich101

    RetireRich101 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,149
    Location:
    Sydney
    This supposed to be a property forum. why so many people quit, retired, throw in the towel :p

    I just celebrated my 15yrs with the same company last week sloshing my usual 8 hr day and loving it.

    I guess I won't be that popular, so I quit........

    ......this thread
     
    RetireRich101, 11th Nov, 2015
    #32
    teg499 and MTR like this.
  13. moyjos

    moyjos Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    306
    Location:
    Sunshine Coast
    Maybe so many of us quit the 9-5 work for the man, because we have a different mindset. We know that there is so much more value of our time than a set salary.
    I could be doing admin for a boss and earning $25-40 per hour 38 hrs a week (and probably hating it,) or doing the admin for our own business 15-20hours a week for a bucket load more and loving it.
    I get to do what I want, when I want. Hubby reminds me OFTEN that he is sooooo glad I pushed him out of work and started up for himself.
     
    moyjos, 11th Nov, 2015
    #33
    skater and Gockie like this.
  14. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    10,651
    Location:
    Gold Coast (Australia Wide)
    the thread title is perhaps not ideal in the verbage used

    Congrats on the PROGRESS

    bur progress isnt Quit ?


    Moving on to the next, likely better stage of life is muchos better I reckon ?

    Quit implies failure ..................moving forward is progress

    Agree ?
    ta
    rolf
     
    Rolf Latham, 12th Nov, 2015
    #34
    moyjos likes this.
  15. Kesse

    Kesse Well-Known Member

    Joined:
    14th Jun, 2015
    Posts:
    891
    Location:
    Cairns
    My husband recently went out on his own and after a couple of weeks he said something along the lines of "this is awesome, even though I'm working it feels like I'm on holidays". He put in a 15 hour day today, should ask him if he still feels the same!
     
    Kesse, 12th Nov, 2015
    #35
  16. moyjos

    moyjos Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    306
    Location:
    Sunshine Coast
    what did he say after his 15hr day.? My husband is the same. It is silly season for us...long hard days where everybody needs stuff yesterday, but he still loves it
     
    moyjos, 12th Nov, 2015
    #36
  17. skater

    skater Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    10,272
    Location:
    Sydney? Gold Coast?
    Maybe a renaming. 'Another Success Story - How I Quit the JOB"
     
    skater, 12th Nov, 2015
    #37
    moyjos likes this.
  18. Kesse

    Kesse Well-Known Member

    Joined:
    14th Jun, 2015
    Posts:
    891
    Location:
    Cairns
    Not a great deal - he was too buggered! But he's still in honeymoon mode!
     
    Kesse, 12th Nov, 2015
    #38
    moyjos likes this.
Page 2 of 2
Join Washington Brown's Tax Agent Referral Program