Today I decided to quit my job
by HenryOctober 31st is the day.
We all need one right.
Well, that is mine.
This is an indie project but the goal is to be more than that. The goal is for this to be my way out of the 9-5 grind.
I have the plan all set but let me tell you a little about what I’ve done since we last spoke.
- Based on the extensive writing of @harry dry I decided to start a twitter account for Rocketship Jobs.
It has gone well so far but it hasn't surpassed my previous efforts on my personal twitter. I believe it will happen over time.
Right now it has 61 followers. I started it earlier this month and have only tweeted 80 times so I consider that pretty good.
- I started the process of moving my newsletter away from Substack.
Everyone always asks me why when I say that, the easiest way to explain it is lack of customization. It is very easy to use and has a great email editor but if you want to build a business Substack lacks a lot.
I am now running the newsletter on Webflow, Memberstack and Convertkit. Wish me luck!
- I hired a writer to help increase the output on my posts. She's going to take the podcasts and make ~1000 word articles out of them.
My hope for that is SEO and share-ability on social (Hackernews and reddit included).
My logic is right now I make the money to hire help and the goal is to get the business to the point I can hire help too so why not start now.
When I quit I want to have one years worth of savings minus the cost to run the business. The goal is by Oct 31st the business makes enough to break even. The only hard costs are the softwares I use to run it but also the writer and podcast editor. If times get hard, I could easily edit the podcast myself but right now I don’t have the time.
I feel this is a little bit of a different approach than a lot of Indie Hackers so I would love thoughts.
I’m doing this mainly because I don’t consider myself a writer. I want to run a business not become a writer. I understand marketing and I like podcasting. The rest is for the result.
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I wanna quit my job, too. But so many things hold me back, such as children、family、mortgage
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I understand. I don't have those responsibilities but can you start to set a plan so you can quit your job?
Is it that you want to quit to start your own project or you want to quit to get another job?
If you want to start your own project, start now, get your profit to a point you feel comfortable making the jump. Honestly that is what I am doing. I don't have the responsibilities you have but I don't want to take a lifestyle dip if I don't have to.
If you're looking to join a company that is entrepreneurial and/or just better than your current company check out my website, it may be right up your ally
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1 million upvotes. <3
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ha thanks brother!
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You could try using Descript for the podcast editing to automate the transcription of audio content.
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Oatrick, thats a great idea!
I have descript but for some reason stopped using it. Time to power it back up! 😁
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That’s awesome. It always makes me happy to see someone with a sound plan to quit their day job.
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Thanks Mark. Now time to execute!
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I am doing exactly what you are - looking to outsource as much as I can and paying writers, podcast editors etc.
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Very cool! Wishing you luck on the execution of your plan and looking forward to reading about your future successes. Are there any ways to introduce new revenue streams to diversify your income and reduce risk for the business? Perhaps this could be another goal b/n Oct. 31 and your last day at the job in Dec.
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Yea, I could also do advertising on the newsletter or podcast. Need to get more subscribers for that though.
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In January 1st, 2019 I decided I was going to quit somewhere during the second semester of the year. In July I decided it was gonna be October 16th. So just like you I had a clear idea when it was going to happen. It is a looooong wait and you are going to want it goes faster haha keeping your goals in mind will help you go through that time. Good luck with everything! Your plan looks solid!
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Thanks man. Did you quit in October?
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Yep. Well October 16th was my last day but I gave them a 2 month notice so I actually quit in August. Worked those 2 months and then left. I did it because I was grateful to them and wanted to give them more time to look for a replacement. That's also a good way to leave in super good terms in case you wanna do that.
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My story is different however relatable.
I got fired, I did not quit. See I always knew I loved software and building software however my day job was being an accountant. So after 1 year of no effort, my day job finally came to an end on 31 January 2019.
It was the best thing that happened to me and something I had secretly wanted for a while. All my efforts could now go into indie hacking.
My lessons have been as follows:
1.) Cut your expenses as quickly as possible - Try stretch that 1 year of savings into 3 years.
Your revenue is not guaranteed so don't count on it, especially if you just starting and not yet growing. I not sure if you are generating any revenue and have found a definate product market fit.
Your expenses are controllable so reduce them as quickly as possible. People really don't need that much to live on.2.) Hire slow. Hiring is expensive. Again expense management.
3.) Do something you love. Dedicate a very large portion of everyday doing this. There will be lots of ups and downs.
4.) Commit to making it work.
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Sounds like you have a plan. Do you have a revenue model? Any revenue so far?
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Hey Paul,
I do have a revenue model.
It will be a paid newsletter. One email a week for free. Paid will receive three.
I had revenue when I was on Substack but decided to move off of that platform. I plan on turning revenue back on June 1st.
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This comment was deleted 4 years ago.
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Yes, I think I am a decent writer. I just don't want to do it on a deadline and all of the time.
I understand copywriting well and I am getting better at that daily.
I agree with you writing is important. I just don't think writing this newsletter every day is what I need to do.
Hopefully I am right. Time will tell.
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