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Published on January 22, 2019

Should You Quit Your Job Without Another Job?

Should You Quit Your Job Without Another Job?

I bet you feel like you can’t afford to leave your job.

Maybe you’re right. But then again, maybe you aren’t.

Regardless of what you believe right now, your current job just doesn’t cut it. Your boss is stressing you out or you’ve outgrown your role. The next logical step is to quit but you don’t know how to go about this. You cringe about the idea of sending your resignation letter to your boss. On the other end, you’re worried about how you’d cover your bills.

So what happens?

You let these thoughts roam your head each day without taking action – hoping that one day you’ll find the answer. I hate to break it to you but you’re playing the wrong game.

The truth is that you quit your job without another one lined up isn’t easy. But by planning ahead, you’ll be better prepared to make the choice that’s best for you. If you’re done waiting for an answer–here’s how to know if quitting your job without another one lined up is the right choice for you.

1. Remember, You Only Need One Person’s Permission

I get it, leaving a secure job isn’t easy–especially when you’re earning a high income.

When I was going through this phase, like most, I’d seek out validation from others. The problem was that I’d end up with mixed answers.

My family worked for a single company most of their lives. So when I’d mention wanting to switch careers, I was being stared at as if I had a third eye. On the other end, some of my friends were supportive but questioned if my approach was the best option.

The truth is that most of the world seeks certainty in everything they do. To some extent, this is smart but it comes at a price. That’s settling for good when you could have something greater.

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You want to quit your job due to reasons that have been roaming your mind for some time. So why should you seek permission from anyone else that’s not you? Instead, take everyone’s opinion with a grain of salt and decide on your own.

To stay focused, make quitting your job as your goal to reach in the next 3–6 months. Data shows that you greatly increase your odds at achieving your goal writing it down.[1] Once you’re committed to quitting your job, you’ll be less dependent on other’s opinions.

2. Knock Fear by Changing Your View

Embrace your fear of the unknown.

It’s crazy to know that some people are afraid more of public speaking than [death]. Let’s face it, leaving your job is scary. But this shouldn’t prevent you from taking action.

Instead, change your perspective about leaving your job. For example, do a checklist comparison for staying and leaving your job. When you discover that you have more negatives on one end your fear becomes less relevant.

Take my case, for example, a few months ago, I was afraid to launch my own Podcast. After months of shooting this idea down, I’d realized that fear of the unknown was what held me back. So, I started slow and eventually worked my way up to launching my own Podcast to the world.

So why am I sharing this?

To prove that fear is most likely holding you back from making a choice. Instead of ignoring your fear, embrace it. Start by creating a plan and work your way up from there.

Take a look at this article if you want to learn how to conquer the fear of the unknown:

7 Ways to Overcome Your Fear of the Unknown And Get More Out of Life

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3. Don’t Wait to Have a Complete Exit Strategy

Most people believe that they need a thorough plan to quit their job. But this is far from the truth.

Do you know what’s more valuable than your job or money? Your health.

Research shows that stressful jobs trigger your fight or flight response frequently.[2] Because this response is response triggers your body takes a toll – leading to long-term health issues. While a sustainable income is important, working at a stressful job is bad for your well being.

But if you’re healthy, use this knowledge to create an exit strategy to leave your toxic job as fast as possible. Good enough is better than perfect.

Besides your health, there are other reasons why you may need to quit as fast as possible:

You don’t have full control of your schedule.

There are jobs that are too demanding, especially if you’re in a senior level position. I’m a firm believer that we can always make time for anything, but a demanding job may be the exception. The problem with a demanding job is that on most days you have back-to-back meetings.

Sure, you can cancel some meetings but you can’t predict this– making it challenging to set specific interview dates.

If this is you, explore quitting to focus your attention on the job hunting process.

You can’t keep your job search confidential.

Although there are thousands of companies to choose from, you may work in a niche industry. Because of this, it would be difficult applying to new jobs without your boss finding out.

If you have a great relationship with your boss, this won’t be an issue. But if your boss micromanages you, it may be better to leave your current role before applying to new ones.

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4. Answer These Questions to Create a Plan

So how’s an un-detailed game plan different from a thorough one?

It doesn’t take long to make. It’s a simple checklist of questions that will help you transition out of your current job.

First, decide if leaving your job is a definite decision. Mingling with this idea will only prolong the process from taking action. Instead, be decisive to start creating a plan.

If you know that you have skills that are in demand, estimate how long it would take you to find a new job. For most people, this would take anywhere from 3 to 6 months. Knowing this you could predict how much you’d need to save and the number of job applications you’d need to send.

If you’re a stay at home spouse who can afford to quit without saving money you have an advantage, for most this isn’t the case. Here are some questions you need to answer before quitting:

  • How long can you cover your expenses?
  • What will you do in the next 3 to 6 months if you quit today?
  • What type of job do you want to transition to?
  • How have you invested in yourself these past 3 months?

These questions will prepare you to be productive for when you do leave your job. More importantly, these questions will help you find a job you love. Often times, people quit their jobs only to jump back into a similar one and put themselves in the same scenario.

5. Risk Everything to Find Your Zen

“How we spend our days is, of course, how we spend our lives.”–Annie Dillard

It might seem trivial to dedicate a lot of your energy transitioning out of a job you hate, but it’s time well spent.

Aside from health issues, working in a job you’re miserable in is a waste of your time. You won’t grow to your full potential and won’t live a happy life.

Data shows that on average that you’ll spend 4,805 days working and 368 days socializing.[3] If this doesn’t scare you to not procrastinate in leaving a career you hate, nothing will.

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That’s why it’s important to surround yourself with amazing people who’ll push you to grow. Listen to podcasts, read books, and network with people at higher levels than you. Doing all these activities will help you put your life in perspective.

The more you invest in growing, the more confident you’ll become. Once you’re confident you’ll value yourself more and tolerate less a job you hate.

Have the Courage to Improve Your Career

Should you quit your job without having another lined up?

That’s a question that only you can answer. But I bet that deep down you already know what’s the best choice.

The good news is that you now have a mini blueprint for how to transition out of career your hate.

Don’t wait to have another job lined up if you don’t need to, but plan accordingly. Remember, you don’t need anyone’s permission nor a complete strategy to take this leap of faith. Leaving a job even with another one lined up is never easy but worth doing.

Imagine waking up each morning and feeling excited to start your day–the crazy part is that it’s Monday. While most need coffee to get them through the day you’re energized without it. You’re working in an interesting job and couldn’t be happier.

Is this a Utopian dream? Of course not. You simply created an effective strategy and took action.

The world is yours for the taking, now go get your dream job.

More Resources to Inspire You for a Fulfilling Career

Featured photo credit: Anete Lūsiņa via unsplash.com

Reference

[1] Dominican Edu: Goals Research Summary
[2] Center for Disease Control and Prevention: STRESS…At Work
[3] Huff Post: We’ve Broken Down Your Entire Life Into Years Spent Doing Tasks

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Christopher Alarcon

Finance Analyst and Founder of the Financially Well Off Blog & Podcast

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Last Updated on October 16, 2019

How to Bounce Back Gracefully After Getting Fired

How to Bounce Back Gracefully After Getting Fired

Whether you saw it coming or not, getting fired is a real shock and its impact is daunting. What did you do wrong? What are you supposed to do next? When will you stop feeling so angry?

But there are ways to deal with a layoff.

The most important thing is to remain calm and see it as an opportunity to reflect, change and improve. This is a great time to consider what happened, look again at your needs and desires and start afresh on a stronger, more constructive basis.

Let’s take a look at how you can bounce back gracefully after getting fired.

1. Deal with the Shock of Getting Fired

To lose your job is to lose your identity as a worker and as a person. Debbie Mandel, author of Addicted to Stress, states that 7 out of 10 of us define ourselves by our job titles, since work is where we spend the majority of our time and energy.

Being laid off affronts your sense of self-worth—it implies that you simply are not good enough. It’s no wonder you feel confused and emotional.

The first thing, then, is to take some time to digest what happened and deal with the overflow of sensations. People who quickly recover from the pain of a job loss tend to do two things very well:

First, they accept their feelings of sadness, anger, fear and shame as a part of the natural healing process.

Second, they do their complaining to a friend.

Never call out your boss in the office or on social media. It’s a bad form to speak ill of the company you work for. Stay stylish, and your employer will speak better of you when you need a reference.

2. Stay Away from the Drama Queens

Mass layoffs are, unfortunately, very common. If this is your situation, then you may be surrounded by a lot of angry people, ruminating and lamenting their fate.

“It’s not fair!” they say. “After everything we did for this company! We don’t deserve this!”

You’ve lost your job and that’s tough. But please resist the urge to join in the negativity. Positivity is by far the most important attitude to apply right now. If staying upbeat means you have to limit your exposure to the Negative Nellies, then that’s what you have to do.

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Remember, life is not harder for you than it is for other people on this planet. You live in a democracy, you have freedom of choice and you enjoy a certain material abundance.

Stay positive and focus on what’s going well in your life and the exciting future opportunities available to you. Getting fired is only a temporary setback.

Staying positing could be challenging in a difficult situation, so these tips can help:

10 Questions To Ask Yourself To Stay Positive When Facing Difficulties

3. Take a Break and Let the Dust Settle

Instead of running straight into another job that may not be the right one either, take a short break to recover from the job loss. You need a week or two to de-stress and meditate on the next step.

Be attentive to your need for self-care during this interlude. Everything goes so fast these days that we often do not stop to think or give ourselves the permission to do a little mourning.

Getting fired is a big shock: you need time to refocus and take stock of the new reality. Do not make things harder for yourself!

What you need is to pause a while and do some self reflection:

How Self-Reflection Gives You a Happier and More Successful Life

4. Be Anchored in the Present

Since you no longer have a hold on the past, but have not yet designed your future, try to build yourself up with the present. What do we mean by that?

We mean that right now is the only time you have any control over. Focus on that instead of losing yourself in memories or reliving the awful day you got fired over and over in your head.

Get up at 7 a.m. each day, whatever happens. The body needs rhythm and habits. You will feel much more energized if you keep a consistent routine. Maintain a healthy lifestyle, revisit your budget, play sports, volunteer. Take care of the practical stuff like claiming unemployment. Enjoy the small pleasures of everyday life.

When you’re busy, there’s no room for the inner critic to raise up and derail you. Keep active, and you will gain more of the precious energy you need so much to move forward.

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Try these things to help you live in the moment:

34 Ways To Live in the Moment And Grow in the Moment

5. Understand the “Why”

There are lots of reasons why people are fired. Sometimes the mistake is yours and it’s embarrassing to admit you backed yourself into this corner.

Other times, it’s not your fault. Businesses change direction all the time—maybe yours is going through a major transition or merger and your job is disappearing.

Either way, to give the situation some closure, you need to understand why you were dismissed. What slipped? What could you have done differently? Was your boss really out to get you or did you do something to put your job in jeopardy?

Be honest with yourself. It’s not easy to admit that you might have dropped the ball but it’s the only way to turn the situation into a learning experience. Ask yourself:

What skills do you need to improve?

Is there training you can access, or learning you can do?

In the end, did this job suit you that much? Were you happy there?

Reflecting on these questions can help you put things into perspective. What lessons can you learn to avoid reproducing the same pattern in your next job?

6. Find out If You Were the Right Fit

Hiring decisions ultimately come down to personality. You can study for an interview all you like, but every candidate who is chosen for interview has the right credentials for the job.

The final decision comes down to personality. Who does the recruiter like the best? Who is a better fit for the company culture? That’s the person who strikes it lucky.

Firing decisions are based on personality, too. Slacking off, insubordination and playing fast and loose with the company rules—these are the official reasons why people are getting fired.

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But all of these reasons boil down to one thing: personality. Specifically, they signal a personality clash between an employee and a manager, or an employee’s fit with the company’s culture.

Here’s an example:

Suppose you were fired for “not being a team player.” Some people, namely introverts, lose energy when they are surrounded by other people and gain energy when they are on their own. Forcing an introvert to continuously work on a busy, noisy team without any solitary rest periods means the job is a mission impossible. This employee will never perform at her best.

Or how about the time the Kansas City Star newspaper fired Walt Disney for a perceived lack of imagination? Talk about a clash of personalities![1]

Getting fired can be a signal to turn inward and do some self-reflection so you can better understand your personality and how it might fit in with corporate culture.

In particular, personality assessments based on Isabel Briggs Myers’ sixteen personality types can help you to understand your own work style and how you can find a job and workplace that better match who you truly are.

In many cases, it is totally liberating to realize that all the crap you had to deal with was just down to a clash of work styles and not something you did wrong!

7. Rediscover Your Strengths and Talents

A personality test can also give you clear insights into your strengths, weaknesses, motivations and work potential. Do you have leadership abilities? How do you communicate and manage conflict? What benefits do you add to an organization?

Identifying your working style should be your top priority right now, otherwise you risk accepting a new position that has all the same problems as before. The last thing you want is to reproduce the same old dramas the next time around.

When you become aware of your potential, you will have the confidence to search and find the type of work you love.

For example, getting fired from your banking job may have knocked you sideways. But you have some stellar home decorating skills, and a personality test shows that you are curious, flexible, rational and resilient—all the traits of successful entrepreneurs. Maybe this dismissal is an opportunity to launch the business you’ve always dreamed of but never dared to admit to yourself?

By considering all your special skills and talents, you increase your chances of finding a job you would really enjoy, and not just the one you can do.

8. Get the Word Out

At this point, you should be ready to take action and move forward with your job search. Let’s not sugarcoat the situation: getting a new job is tough. It helps to have a clear idea of the direction you want to go in, a list of all your crossover skills and a freshly polished resume.

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Look around for inspiration. Talk to recruiters in your sector to establish what they consider to be your most valuable skills. Use all the resources at your disposal: job search agencies, headhunters, work coaches, careers websites and so on. These resources can help you match your qualifications to the job requirements and ensure you have the right keywords on your resume.

Don’t hold back on marshaling your networks. Put friends and family to work to pop up leads, and don’t be afraid to ask for referrals. Sometimes the simple act of getting the word out to the people who know you is the surest way to find work fast.

9. Anticipate Questions and Know How to Answer Them

Even if it wasn’t your fault, getting fired can hurt you if you don’t know how to explain why you were let go. You have to be honest here and tell recruiters the truth. Even if a would-be employer does not specifically ask why you left your previous job, it is better to clarify the situation upfront before it comes out in your references.

The best approach is to take your share of responsibility and show that you want to go forward and that you understand the lesson.

For example, suppose you got fired for asking the difficult questions that no one wanted to answer and your candidness set people on edge. Acknowledge that some people perceive your communication style as abrupt and explain how you’re taking steps to increase your diplomacy skills.

A recruiter can be seduced by someone who knows how to evolve and who shows a great energy for personal development.

10. Adapt and Persist

Throughout this journey, you inevitably will go through moments of self-doubt and disappointment. There are undulations in every road, and these are the normal steps for regaining self-confidence after getting fired.

Stay tough! Don’t conclude that your future is hopeless just because the dream job doesn’t land straightaway. You open a positive path when you maintain focus. Have the confidence to know that the perfect job for you is out there.

Remember, you are not alone. Many people walked this road and they would urge you to keep the momentum. Stay open-minded and go where the opportunities take you: it will bring you closer to the job you really want.

Coming Out on Top

While getting fired isn’t the ideal situation, it isn’t the end of the world either. Even if feels like a doozy right now, you will get through it and emerge happier on the other side.

Be clear on what you want, have courage and believe in yourself. In the end, you may decide that getting fired was the best thing that ever happened to you. It can be the catalyst for a powerful, career-fulfilling change.

More Tips on Career

Featured photo credit: Jesus Kiteque via unsplash.com

Reference

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