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5 Critical Steps to Take Before Quitting Your Job For Good

5 Critical Steps to Take Before Quitting Your Job For Good

Congrats! You have worked hard and you’re ready to transition into self-employment. It is an exciting transition in your path on quitting your job for good.  But before you go ahead and quit your job, there are some crucial steps you need to consider before taking the leap. Following these suggestions will not only make it easier when transitioning, but a happier experience for everyone involved.

1. Leave on a High Note

Think about how your boss would feel if you make a situation worse by being disrespectful. Sure, you may not like your job, but it is not fair to your coworkers or your boss if you are disrespectful when quitting. While you may have fantasized about telling your company how you really feel, but it could damage your reputation down the line, even if you are your own boss. Put yourself in your boss’ shoes: would you like an employee to treat you poorly or left a mess of their work that you have to pick up the pieces? Make it a point to be fully involved in your job up until the day you leave. That means completing a to-do list you meant to tackle, cleaning your desk, and keep yourself focused on your work.

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2. Create a Financial Plan for the Next 6 – 12 Months

Being your own boss means that you won’t have a steady income. Before quitting your job, you need to think about what your budget is in order to cover the essentials. It is also a good idea to save up money in case some months or slow, or no income is coming in at all. To start, write down a list of all the expenses you have. Items you should factor in -Cell phone -Rent/Mortgage -Food -Internet/utilities -entertainment -existing debt -health insurance -transportation After writing down what everything costs, take that amount and make sure you stick to it. There are lots of budgeting programs that you can use, or something as simple as a spreadsheet document on your computer will suffice. They key is sticking to the budget you set for yourself to ensure you don’t run into any financial trouble while self-employed. It is a good idea to get used to your new budget by making one and sticking to it a few months (if possible) before leaving your job. That way, you have time to adjust it if necessary before you no longer have your job.

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3. Make a Plan

Your side hustle may provide you with enough income to quit your job, but have you considered what you will do to continue your success? Think about where you plan on seeing your career in the next few years, and write your goals down.  Create goals to market yourself and your business, how to retain existing clients, what your ideal career is like, and any personal goals you want to achieve. Make your action plan as specific as possible and what your success criteria is. For example, if you plan on hiring on a virtual assistant to help with some back end work, make a goal on how much income your business needs to make in order to be able to afford that VA full time.

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4. Plan Out Healthy Habits and Routines

Making sure you are in tip top shape is important because you are now your business. If you are sick and cannot work, you will not pull in any income. Being unhealthy can also take a toll on your productivity and mood.  Sure, you may want to skip lunch and finish writing that proposal for a new client or fix your website, but something that may take you 20 minutes to do may take a few hours if your stomach keeps growling at you. Now that you can dictate your own schedule, make a point to pencil in some time for exercise during the week. Find a workout buddy if you need to get some accountability. Even taking 15 minutes a few times a day to stretch will do wonders for your mood and health. Don’t forget that eating well is part of a healthy routine. Don’t stock up on too much junk food or frozen dinners even if it is more convenient to prepare them. Make a meal plan and freeze meals ahead of time if you know you will be too busy to cook. Enlist the help of family members if you need to in order to make your health a priority. Set reminders on your phone or calender if you need to in order to make sure you stick to a healthy routine.

5. Create a Backup Plan

As much as we’d hate you admit it, sometimes life doesn’t go according to plan.  Your regular clients may suddenly decide they do not need your services. Maybe your business is not pulling in a profit for the past few months and your savings are dwindling. Perhaps there is an emergency in your family and you have to put off your travel plans. Take a look at what your plans are after you quit and list and possible worst-case scenarios. Write down what you might do if these crop up. Make up as many scenarios as you can think of and create a backup plan for each one. Talk to as many people who have forged the same path you have and see what their backup plans are. It could be moving back in with mom and dad, taking on part time work at McDonald’s, or changing up your marketing efforts.  As well, think about a time frame on when you will enact on your backup plan. What will be the deciding factor on knowing when your initial plans are not panning out? Clearly deciding on a success criteria early on will help you make those tough decision down the line.

Have you quit your job? What steps did you take before you left your job for good? Share your insights in the comments below!

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Last Updated on October 13, 2020

How to Get Promoted When You Feel Stuck in Your Current Position

How to Get Promoted When You Feel Stuck in Your Current Position

Have you been stuck in the same position for too long and don’t really know how to get promoted and advance your career?

Feeling stuck could be caused by a variety of things:

  • Taking a job for the money
  • Staying with an employer that no longer aligns with your values
  • Realizing that you landed yourself in the wrong career
  • Not feeling valued or feeling underutilized
  • Taking a position without a full understanding of the role

There are many other reasons why you may be feeling this way, but let’s focus instead on learning what to do now in order to get unstuck and get promoted

One of the best ways to get promoted is by showing how you add value to your organization. Did you make money, save money, improve a process, or do some other amazing thing? How else might you demonstrate added value?

Let’s dive right in to how to get promoted when you feel stuck in your current position.

1. Be a Mentor

When I supervised students, I used to warm them — tongue in cheek, of course — about getting really good at their job.

“Be careful not to get too good at this, or you’ll never get to do anything else.”

This was my way of pestering them to take on additional challenges or think outside the box, but there is definitely some truth in doing something so well that your manager doesn’t trust anyone else to do it.

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This can get you stuck.

Jo Miller of Be Leaderly shares this insight on when your boss thinks you’re too valuable in your current job:

“Think back to a time when you really enjoyed your current role…You became known for doing your job so well that you built up some strong ‘personal brand’ equity, and people know you as the go-to-person for this particular job. That’s what we call ‘a good problem to have’: you did a really good job of building a positive perception about your suitability for the role, but you may have done ‘too’ good of a job!”[1]

With this in mind, how do you prove to your employer that you can add value by being promoted?

From Miller’s insight, she talks about building your personal brand and becoming known for doing a particular job well. So how can you link that work with a position or project that will earn you a promotion?

Consider leveraging your strengths and skills.

Let’s say that the project you do so well is hiring and training new entry-level employees. You have to post the job listing, read and review resumes, schedule interviews, make hiring decisions, and create the training schedules. These tasks require skills such as employee relations, onboarding, human resources software, performance management, teamwork, collaboration, customer service, and project management. That’s a serious amount of skills!

Are there any team members who can perform these skills? Try delegating and training some of your staff or colleagues to learn your job. There are a number of reasons why this is a good idea:

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  1. Cross-training helps in any situation in the event that there’s an extended illness and the main performer of a certain task is out for a while.
  2. As a mentor to a supervisee or colleague, you empower them to increase their job skills.
  3. You are already beginning to demonstrate that added value to your employer by encouraging your team or peers to learn your job and creating team players.

Now that you’ve trained others to do that work for which you have been so valued, you can see about re-requesting that promotion. Explain how you have saved the company money, encouraged employees to increase their skills, or reinvented that project of yours.

2. Work on Your Mindset

Another reason you may feel stuck in a position is explained through this quote:

“If you feel stuck at a job you used to love, it’s normally you—not the job—who needs to change. The position you got hired for is probably the exact same one you have now. But if you start to dread the work routine, you’re going to focus on the negatives.”[2]

In this situation, you should pursue a conversation with your supervisor and share your thoughts and feelings to help you learn how to get promoted. You can probably get some advice on how to rediscover the aspects of that job you enjoyed, and negotiate either some additional duties or a chance to move up.

Don’t express frustration. Express a desire for more.

Present your case and show your boss or supervisor that you want to be challenged, and you want to move up. You want more responsibility in order to continue moving the company forward. Focus on how you can do that with the skills you have and the positive mindset you’ve cultivated.

3. Improve Your Soft Skills

When was the last time you put focus and effort into upping your game with those soft skills? I’m talking about those seemingly intangible things that make you the experienced professional in your specific job skills[3].

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Use soft skills when learning how to get promoted.

    According to research, improving soft skills can boost productivity and retention 12 percent and deliver a 250 percent return on investment based on higher productivity and retention[4]. Those are only some of the benefits for both you and your employer when you want to learn how to get promoted.

    You can hone these skills and increase your chances of promotion into a leadership role by taking courses or seminars.

    Furthermore, you don’t necessarily need to request funding from your supervisor. There are dozens of online courses being presented by entrepreneurs and authors about these very subjects. Udemy and Creative Live both feature online courses at very reasonable prices. And some come with completion certificates for your portfolio!

    Another way to improve your soft skills is by connecting with an employee at your organization who has a position similar to the one you want.

    Express your desire to move up in the organization, and ask to shadow that person or see if you can sit in on some of their meetings. Offer to take that individual out for coffee and ask what their secret is! Take copious notes, and then immerse yourself in the learning.

    The key here is not to copy your new mentor. Rather, you want to observe, learn, and then adapt according to your strengths.

    4. Develop Your Strategy

    Do you even know specifically why you want to learn how to get promoted? Do you see a future at this company? Do you have a one-year, five-year, or ten-year plan for your career path? How often do you consider your “why” and insure that it aligns with your “what”?

    Sit down and make an old-fashioned pro and con list.

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    Write down every positive aspect of your current job and then every negative one. Which list is longer? Are there any themes present?

    Look at your lists and choose the most exciting pros and the most frustrating cons. Do those two pros make the cons worth it? If you can’t answer that question with a “yes,” then getting promoted at your current organization may not be what you really want[5].

    The two most important days in your life are the day you are born and the day you find out why. —Mark Twain

    Here are some questions to ask yourself:

    • Why do you do what you do?
    • What thrills you about your current job role or career?
    • What does a great day look like?
    • What does success look and feel like beyond the paycheck?
    • How do you want to feel about your impact on the world when you retire?

    Define success to get promoted

      These questions would be great to reflect on in a journal or with your supervisor in your next one-on-one meeting. Or, bring it up with one of your work friends over coffee.

      Final Thoughts

      After considering all of these points and doing your best to learn how to get promoted, what you might find is that being stuck is your choice. Then, you can set yourself on the path of moving up where you are, or moving on to something different.

      Because sometimes the real promotion is finding your life’s purpose.

      More Tips on How to Get Promoted

      Featured photo credit: Razvan Chisu via unsplash.com

      Reference

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