"I Quit" 1 Year anniversary
emadibrahim.com
"I Quit" 1 Year anniversary
1–10 of 45 posts
Re: "I Quit" 1 Year anniversary
#2Overall, I am glad I quit my job. Other than the fact that I am broke, I learned and accomplished a lot and ready to take Yonkly to the next level.
Personally, I think this is awesome, but it also should serve as a warning to those that are afraid of financial troubles. Most people who go this route truly do have to risk it all, so if you arent ready for that you should find a way to transition. For me -- living on the cheap while doing your own thing is great, and the only way to really motivate.
Re: "I Quit" 1 Year anniversary
#3Overall, I am glad I quit my job. Other than the fact that I am broke, I learned and accomplished a lot and ready to take Yonkly to the next level. Personally, I think this is awesome, but it also should serve as a warning to those that are afraid of financial troubles. Most people who go this route truly do have to risk it all, so if you arent ready for that you should find a way to transition. For me -- living on t…
I agree. It is very risky. When I made that decision, I basically told myself "what is the worst that could happen?" The answer was "lose my house and rental properties, declare bankruptcy, screw up my credit score". Then I thought "that's not too bad." I graduated in 1999 with zero money and got to where I am, so I can probably do it again in half the time.
Re: "I Quit" 1 Year anniversary
#4It's been 1 year and you're broke. Where do you plan on spending your time, on Yonkly and the book? Do you have any other next steps?
Great story and congrats on your engagement!
Re: "I Quit" 1 Year anniversary
#5Overall, I am glad I quit my job. Other than the fact that I am broke, I learned and accomplished a lot and ready to take Yonkly to the next level. Personally, I think this is awesome, but it also should serve as a warning to those that are afraid of financial troubles. Most people who go this route truly do have to risk it all, so if you arent ready for that you should find a way to transition. For me -- living on t…
I agree. It is very risky. When I made that decision, I basically told myself "what is the worst that could happen?" The answer was "lose my house and rental properties, declare bankruptcy, screw up my credit score". Then I thought "that's not too bad." I graduated in 1999 with zero money and got to where I am, so I can probably do it again in half the time.
Right on!. I'm with you. However, probably not recommended with kids or medical problems.
But for everyone else, as long as you can get over the ego parts -- you will have to give up going to nice places for dinner, driving nice cars, having big houses, new toys, vacations etc, all the way to bankruptcy, as you said -- then it is worth it.
Re: "I Quit" 1 Year anniversary
#6I think Yonkly is a really cute (as in clever) idea and could get some traction. Have I wonder if the author has looked getting investors on board.
Maybe if people had revenue sharing or just the ability to monetize their, um, "yonks" they could have enough incentive to make the service take off.
Re: "I Quit" 1 Year anniversary
#7Congrats on making it this far. Maybe we should start a meetup or support group for hackers who quit their jobs to find their entrepreneurial selves.
I just had my one year anniversary six days ago. Oh how time flies. I left the military to venture out on my own, finish graduate school, and see what happened.
I'd love to tell the rest of the story but I have to go catch a train. If you get a chance, consider writing about the ups and downs of the process. I know in the beginning it really ate me that I wasn't making progress fast enough. Time, progress, and a sweet spot for pain helped :) but yeah... its an interesting process.
Re: "I Quit" 1 Year anniversary
#8I think Yonkly is a really cute (as in clever) idea and could get some traction. Have I wonder if the author has looked getting investors on board. Maybe if people had revenue sharing or just the ability to monetize their, um, "yonks" they could have enough incentive to make the service take off.
Oh, from the site: "Monetize through Ads"
I like the ability to show a thumbnail in the posts.
Re: "I Quit" 1 Year anniversary
#9Living on the cheap is one thing, going into huge credit card debt will follow you forever. :( Sounds like a gleeful story of doing it "your way" but a massive cost.
I think the blog post is a bit in denial because you haven't really said anything about any future out comes you see happening next.
What is the credit card debt? How much do you think you'll make on the book after publisher fees/whatever other costs. The web 2.0 service is cool does it have any plan for profit?
Congrats on the engagement and doing your own thing, I just wonder if you'd do it all over again or if you'd try and bootstrap your own efforts more so that you could avoid the financial black eye ya got here and still make something your truly passionate about.
Re: "I Quit" 1 Year anniversary
#10It's been 1 year and you're broke. Where do you plan on spending your time, on Yonkly and the book? Do you have any other next steps? Great story and congrats on your engagement!
I am doing small consulting jobs here and there that barely pay the bills but I am mostly focused on Yonkly (the book is almost done). I am also in the process of talking to investors and if things work out then it will be 110% Yonkly.