I Quit My Job With No Backup Plan And Here’s What I Learned

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  • Опубліковано 26 чер 2024
  • Quitting your job to follow your passion is a lot different than what people describe. In this video, I show the not so glamorous side of trying to make it on your own.
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    Chapters
    00:00 I Quit A Year Ago
    01:35 It Is Extremely Hard To Make It On Your Own
    03:47 You Enter A World Of Uncertainty
    06:33 Your Work Becomes Your Life
    08:52 This Uncertain Path Is 100% Worth It
    Many people have the dream of quitting their job to pursue their own passion in life; however, very few people actually do it. I can boldly say that I am among the the few that has actually quit their job to try to make it on my own. In this past year, I have learned that the concept of quitting your job to follow your passion is a lot different than how most people imagine. In this video, I share four different lessons I have learned this past year from quitting my job and trying to make it on my own.
    1. It Is Extremely Hard To Make It On Your Own
    Although being an employee of a company isn't always enjoyable, there are many benefits of working as an employee for a company like a predictable paycheck, a set schedule, a defined role, benefits, and your employer takes out your taxes. All of these benefits make you not have to worry about so many things besides doing your job. Whereas, when you become self-employed, income becomes unpredictable, you're always working, you have no guidance, you have to figure out your own benefits, and you need help from an accountant. If you decide to pursue your own path, you are putting a bunch of extra pressures on yourself that make your work harder.
    2. You Enter A World Of Uncertainty
    When you decide to quit your job, you enter this world of uncertainty where you can't plan out your life as much. The future becomes more unknown so you have to put certain life moves on hold, the future of your career isn't clear, and you generally can't think in the future. Living in such an uncertain world can be scary as you never know what is going to happen and many people could probably not handle living with this amount of uncertainty. If you decide to pursue your own path, you enter a very uncertain world.
    3. Your Work Becomes Your Life
    If you want to build something on your own, there has to be this component of obsession in order to succeed. You can't come in with the mindset of just wanting to try things out and see what happens, but you really have to be ambitious and motivated in order to have a 1% chance of it working out. It will only work if you take the steps to make it work. And when you live with this attitude, your work and your life become intertwined, which comes with many sacrifices. If you decide to pursue your own path, work becomes a huge part of your life and for many people, the sacrifices might not be worth it.
    4. This Uncertain Path Is 100% Worth It
    This past year of being self employed has been difficult full of many challenges and a lot of learning. And although it has been difficult, the experience has made me a stronger, bolder person. When you choose to take a chance and pursue your own path, you end up challenging yourself and learning things that you can only learn if you put yourself in a sink or swim situation. If you are considering quitting your job to pursue your own thing, there are many things to consider. It isn't as glamorous as many people describe. In my experience, however, it has been 100% worth it.
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КОМЕНТАРІ • 317

  • @ElAgustin
    @ElAgustin  11 місяців тому +45

    What path is right for you: A predictable job or being self employed?

    • @NewCreation6123
      @NewCreation6123 11 місяців тому +8

      My husband and I are both working dead end jobs. We have no raise in 6 years. We pay for our health insurance. It is too hard to find another full time job at 62 years old. We have no life insurance (can't afford it). We are struggling to pay the bills and buy food. We feel stuck. We are looking to add some side hustles to make money.

    • @TheNicoliyah
      @TheNicoliyah 11 місяців тому

      I think people have been tricked into thinking jobs are more secure but they really aren’t. The company you work for could go bust, do a restructure or you could get let go at a moment’s notice. Security is an illusion.

    • @Luncheon23
      @Luncheon23 11 місяців тому +8

      I love the idea of being self employed but it seems a regular job is a more reliable option.

    • @therichbuddha3277
      @therichbuddha3277 11 місяців тому +4

      I've pursued my passion-music, my entire life. Now at 59,I feel like working for a company! Just be a cog not responsible for whether the whole things fails or flys! LOL

    • @danicegewiss862
      @danicegewiss862 11 місяців тому

      I'm studying medical billing and coding. I'm also setting up an online store. Both are going to require more time and effort. My husband is preparing to quit his job and renovate homes. He's tired of killing himself for an organization that isn't organized. In answer to your question, my husband is definitely more interested in being independent. I'm torn. If my business gives us more $$$, I'll quit the job, but jobs offer insurance which is necessary as we're looking at our 60's which likely mean more expensive health issues.

  • @williamclark1244
    @williamclark1244 11 місяців тому +582

    Uncertainty is still better than being miserable. Most heart attacks happen on Monday mornings because you are going to a job that you don't like and feel trapped in.

    • @KittyKat-vb1nd
      @KittyKat-vb1nd 11 місяців тому

      Americans are modern wage slaves. Miserable lives.

    • @wetrailblazin5313
      @wetrailblazin5313 11 місяців тому +4

      Is this true

    • @ozfeldi
      @ozfeldi 10 місяців тому +1

      @@fridagylterud9491for real tho I feel like I’m going to die at any day from mental break down and over whelming stress

    • @bgb5981
      @bgb5981 9 місяців тому +8

      I think it's because ppl partying too much on weekends

    • @jaystechroom
      @jaystechroom 9 місяців тому

      @@fridagylterud9491awww I hope you’re in a better spot now dude!

  • @joycegonzales4994
    @joycegonzales4994 11 місяців тому +335

    Truly it’s easier to quit a job when no one else is dependent on you for income. Like kids

    • @dantrikur-jy1tp
      @dantrikur-jy1tp 11 місяців тому +30

      It’s a lot different when you have kids. Without kids. I’d be a retired millionaire.

    • @ElAgustin
      @ElAgustin  11 місяців тому +26

      Yeah, there is definitely a time and a place to do it. The risk for me isn't that big.

    • @danicegewiss862
      @danicegewiss862 11 місяців тому +9

      I know people who managed, and they had kids. They kept their full time job and started the business in their spare time. Holidays meant working on the business. It was really hard, but their families were supportive. My husband is following this path. We don't have kids, but my income won't pay the bills yet.

    • @dpayne1943
      @dpayne1943 11 місяців тому +12

      @@danicegewiss862 The secret is that you don't have kids. Those who follow the duel path miss out on participating in their kids lives. I told my friend, who had a very successful business and a retirement friendly job (Defined Benefit Pension), she would blink and her kids would be graduating High School. At first she thought I was exaggerating and I was...but she blinked and they were 5 years older!!! She put her business on the back burner, only kept her two best clients and started focusing on her three kids. Nearly 10 years later, she has no regrets (well on her way to a good retirement at 55) and many beautiful memories.

    • @davidthom9159
      @davidthom9159 11 місяців тому +7

      Dependants make all the difference and we sacrifice for them even if we hate our jobs, we just do it.

  • @Mary-rp2re
    @Mary-rp2re 11 місяців тому +57

    I quit this morning, wish me luck

    • @ElAgustin
      @ElAgustin  11 місяців тому +5

      Wow! Best of luck!!

    • @sk8legendz
      @sk8legendz 4 місяці тому +4

      How are things going? As far as mental health goes

    • @gavinlanglois
      @gavinlanglois 3 місяці тому +3

      I quit this morning. After over two years

  • @aaronaustrie
    @aaronaustrie 11 місяців тому +235

    I don't have a job yet but I'm going to say this. I'd rather to try stuff on my own without a clear path than to be in a job where the environment is toxic!

    • @ElAgustin
      @ElAgustin  11 місяців тому +12

      Best of luck on your journey!

    • @jordanmarazzi3548
      @jordanmarazzi3548 8 місяців тому +4

      That’s why I just left my job man , shit was ass , but I got 2k saved up and I need another job now

    • @SunnyHomeVideos
      @SunnyHomeVideos 8 місяців тому +1

      I like your attitude and brave path in life.

    • @nUmBskulLL
      @nUmBskulLL 7 місяців тому

      ​@@jordanmarazzi3548how did it go?

    • @cawilliams210
      @cawilliams210 6 місяців тому

      I wish you the best of luck on your journey brotha. It’s funny, because I was laid off almost 2 months ago now. It was a shock, but truthfully I was already mentally struggling and on the verge of quitting. This is the longest I’ve gone without working in over 20 years (from 16- 38). I’ve gotten my business up and running, albeit not successfully yet…but I believe steady work will come. I say all that to say that the reality is I’ll need another job for this season of my life. Ive enjoyed the peace of just being able to live but the fear of going broke lingers which makes it difficult to fully just embrace the moment. I’ve been applying and interviewing and even though I know my money is getting tight, I can feel the angst in the pit of my soul because I know someone is going to hire me, and I know it’ll be bittersweet unless it’s an organization that truly puts work-life balance on a pedestal. My recommendation to anyone contemplating going jobless is to be a good steward of your money while you have it, and begin figuring out how to leverage the money you earn to help you make more money so that you can experience some form of true freedom in this life. That’s what I plan to do with the next job. Make wise investments, purchase assets that generate income, etc etc. life is too short to be an employee forever.

  • @driftingintoretirement
    @driftingintoretirement 11 місяців тому +100

    I retired in January at 56 years old. No stress, blood pressure down, more focused and above all more relaxed. A good 8 hours sleep does wonders for your health. Started a UA-cam channel to give me an additional hobby to pursue. Great video, keep up the good work.

    • @Diecastinator
      @Diecastinator 11 місяців тому

      Just subdue your channel. I did planes and trains and all that stuff. My channel is all about diecast

  • @robbiedazzler6358
    @robbiedazzler6358 11 місяців тому +94

    I work part time I have no debt and choose minimal living it suits me ie the less I have the less worry I have it frees my mind and I found I don’t need much to be happy, I don’t even wish I had money it’s simply meaningless to me as I know I came into this world with nothing and all I will leave are hopefully the good memories to the ppl I love ❤️ ✌️

    • @jpdst29
      @jpdst29 11 місяців тому +4

      I’m trying to live like this. I’m getting of the 12 hour work days and I’m so exhausted when I get home, I can’t even enjoy my free time or the money I have saved.

  • @Retired-jr3qs
    @Retired-jr3qs 11 місяців тому +41

    I retired at 57 years old. It's been 3 years now with no regrets.

  • @BigPhilly15
    @BigPhilly15 9 місяців тому +60

    Going through this now. Took a “stable” job with “good salary” and it led to a year and a half working for a sadistic boss who emotionally abused me daily and eventually fired me anyway despite me grinding 10 hrs a day. I’m 44 and no longer want to accept that kind of “stability.” I wish I quit long before they canned me.

    • @tekarthobbyist9598
      @tekarthobbyist9598 9 місяців тому +8

      I don't like toxic bosses.. how are you doing now?

    • @ChiloTarot
      @ChiloTarot 7 місяців тому +7

      Currently in this position. She just hasn’t managed to fire me yet.

    • @rhonda8566
      @rhonda8566 7 місяців тому +3

      All of this. I saw the writing on the wall in corporate America before 30. I eventually stayed another 21 years. Now at 51 and recently widowed, I refuse to let it control anything I do anymore.

    • @BigPhilly15
      @BigPhilly15 7 місяців тому

      @@tekarthobbyist9598 Took a night job and figuring out what else to do.

  • @leap3280
    @leap3280 11 місяців тому +44

    Self-employed... and it's quite the paradox when you think about all the work, the time, the personal investment and yet I've never felt so free. Thank you for this great video !

    • @ElAgustin
      @ElAgustin  11 місяців тому +4

      I know. You truly can't understand it until you do it. It's a very freeing feeling!

    • @darrenpat182
      @darrenpat182 11 місяців тому

      @@ElAgustin We appreciate all your hard work for us Austin, you have thousands of people tuning in to you every Monday and Tuesday because you make their lives better.

    • @Michelle_Emm
      @Michelle_Emm 11 місяців тому

      I found the opposite to be true.
      We ran a successful business for 16 year's and we've never felt so tied to a job in our lives.
      No holiday's or holiday pay, no paid public holidays, no paid sick days, no superannuation payments. We were too busy paying our employees all of the above to be able to take time off.
      In that 16 year's we only took a one week holiday a few times leaving an employee to run the business, this required alot of planning to achieve. After 16 year's hubby was burnt out and we sold the business. It was a relief to go back to a full-time job with all the benefits, steady income and overtime rates paid.

    • @leap3280
      @leap3280 11 місяців тому +1

      @@Michelle_Emm There are so many ways to be self-employed. I have no employees, just freelancing. As I near retirement, I've learned to say no and choose wisely in order to create some work-life balance, so I don't get depleted. I am happy to hear that you are now happy where you are. Realities do change in one's lifetime.

  • @bradsthrone
    @bradsthrone 11 місяців тому +62

    I walked off the job in January. I now work a part time job on Monday and Tuesday as a welder. The rest of the week is spent self employed. So far things are going well. There have been ups and downs and days I question what I’m going lol but I don’t see myself going back to a full time employee. This is my 2nd attempt at this so obviously I failed the first round because I wasn’t ready and didn’t realize all that is involved. This time I don’t want to fail!

  • @Dollsteak69
    @Dollsteak69 7 місяців тому +15

    I've learned the art of the "Mini retirement". Learned this early. Stay out of debt. I'll binge work for years, save, quit. Along the way I've been DOT driver, E Commerce, printing industry, licensed A&P mechanic, real estate investor. No more DOT physicals. Cida Badges, 14 hour days. I've worked for 3 good managers in my life and I'm 55 years old. The bad things you envision when you bail NEVER HAPPEN. Enjoy your life.

  • @ngtilui
    @ngtilui 10 місяців тому +13

    Been doing my own biz for more than 10 years. Covid struck. Found a job and worked for past 2 years plus. But I will be quitting early next year to get back to my biz and my freedom. Money can't buy freedom.

  • @VitalBigras
    @VitalBigras 11 місяців тому +61

    I did quit my job at 28 years old and never had a full time job since.
    My wife and I decided to work 15-20 hours a week.
    We are now 60 and very happy!
    It taught us to live a simple and valuable life

    • @TheCelmap
      @TheCelmap 11 місяців тому +5

      Congratulations 🎊. That's my dream, hope to work part-time on my own business very soon.

    • @VitalBigras
      @VitalBigras 11 місяців тому +2

      @@TheCelmap You can do it! 🙌🏼

    • @VitalBigras
      @VitalBigras 9 місяців тому

      @@wunna5680 window cleaning

    • @crissymiller
      @crissymiller 5 місяців тому

      Love this

  • @VictoryVince
    @VictoryVince 7 місяців тому +11

    This was great! I pursued a business. It failed. Went back to work. Now I’m ready to go at it again. I want to go win for my family more than anything and through the grace of God this will work out for me and my family! Blessings to you! I will be taking another leap of faith in the new future!

  • @nikkiandy1352
    @nikkiandy1352 9 місяців тому +13

    Uncertainty does not work for me, and I love comfort. Kudos to those with the core strength to live in uncertainty to live in the present. Mad respect.

  • @ChrisJCarter
    @ChrisJCarter 11 місяців тому +36

    Being a self-employed musician is a tough way to make a living. I spend hours wearing so many hats (marketing, scheduling, keeping track of payments, practicing, adding new music). But I'd rather work 7 days a week doing music than to work a non-music related 9-5 job being miserable.

    • @ElAgustin
      @ElAgustin  11 місяців тому +8

      Same! It's like (what I'd imagine) having a baby would be like. It's tough, but it's amazing to see it grow and mature!

  • @kevgoes
    @kevgoes 11 місяців тому +15

    Quit my job 2 years ago. Not an easy path but worth it!

    • @Imachickenlol
      @Imachickenlol 11 місяців тому

      What are you doing now?

    • @lbks16
      @lbks16 7 місяців тому

      I do music@@Imachickenlol

  • @compassionatepeercounseling
    @compassionatepeercounseling 11 місяців тому +14

    Love the honesty and number 4!!! I smiled when you spoke of how the outcome becomes less important than the journey. The present moment is everything.

  • @tomcripps7229
    @tomcripps7229 11 місяців тому +36

    You are so right Austin. I ventured out on my own, made more money than I thought was possible, things changed and the failure broke me. I had to start all over again, working for someone else and I'm currently better off than I've ever been. It has made me a far better employee than I ever was before. I tend to treat my job as I'm paying myself, stay on the hustle regardless of how others operate. I also treat my life like a business, looking from the outside in, instead of being led by emotions.

    • @emanuelarose6671
      @emanuelarose6671 11 місяців тому +3

      I love your comment, you’re absolutely right. We don’t value our jobs as employees as we should. It’s encouraging to hear how much you’ve been learning from this experience

  • @shadowbaby4238
    @shadowbaby4238 10 місяців тому +11

    Uncertainty is better than never ending misery

    • @ElAgustin
      @ElAgustin  10 місяців тому +2

      Certainty is a myth anyways!

  • @Dysfunkter-ZC
    @Dysfunkter-ZC 5 місяців тому +5

    I quit my job this morning. i contemplated all throughout the short hours I worked. "Would I be ok? What will happen to my future? I can't leave my co-workers like that." But I did it. We have passions. I want to fulfill mine!

  • @hanifjones4914
    @hanifjones4914 11 місяців тому +11

    I'll say one last thing from experience. We have no idea what people are going through. I wont say yes or no, but look at your situation, weigh the cost and you decide if you are willing to pay. If you are stromg enough to stay in a job you hate you are strong enough to start or just leave. Thing about it

  • @eddiestilll
    @eddiestilll 11 місяців тому +2

    You are such an inspiration and so strong Austin! Keep up the amazing videos, I love your transparency and down to earth advice each week.

  • @gotlanning321
    @gotlanning321 11 місяців тому +3

    I go through all your episodes, I'm hooked!!! 😀 I'm saving to be free from work. Thank you for your time and wisdom, you are fantastic! Greetings from Gotland in Sweden

  • @SuzanneU
    @SuzanneU 11 місяців тому +13

    I've been lucky to get a job that has been my passion. I quit a very well-paying job that was sucking my soul dry and went back to school. Through summer field work, I was hired in the discipline I love.
    My job offered me great opportunities. I've been stretched and challenged. I was able to take classes and learn new skills. I've become stronger and bolder.
    I'm retiring from fulltime work in three weeks. I'll continue working for my employer for one day a week and am open to taking on contract projects in the future.
    Working for an employer can be an incredible opportunity to grow and develop whole still providing a high level of certainty and financial security.
    I may go back to school in a year or two...

  • @itsbusyartist
    @itsbusyartist 11 місяців тому +7

    I started my business right after college, not having a clue what I was really doing but I kept going and somehow I got lucky along the way - 3 years later my business is taking off, I have plenty of clients now, however I felt like I lost myself along the way and that’s where you come in Augustine - when you talked about the idea of slow life I thought: this is it - I need to slow down and take my life and business more intentionally - so thank you for that - you’re changing lives with your advice and I know that the world needs your videos Austin - keep them coming🤝

    • @ElAgustin
      @ElAgustin  11 місяців тому +2

      I'm glad my videos are helping you!

    • @warriorrose1982
      @warriorrose1982 9 місяців тому +1

      It's not luck it's
      Called hard work ❤

  • @willmartin34
    @willmartin34 11 місяців тому

    Thank you you are transparent with us and that helps us a lot 💗💗💗 thank you thank you Augustine!!!!!!!!!!!!

  • @monishthomasp
    @monishthomasp 11 місяців тому +5

    You’re a true inspiration and one of the best UA-cam motivators I know. Needless to say, I’ve realized I’m not yet ready to quit my job. But shall do it when I’m ready.. Thanks 🙏🏻 Austin..❤

    • @ElAgustin
      @ElAgustin  11 місяців тому +2

      Thanks for your kind words! It's definitely a big decision!

  • @stephaniewillis6241
    @stephaniewillis6241 11 місяців тому

    I appreciate the transparency. Thank you 😊

  • @plappin
    @plappin 11 місяців тому +16

    Might I suggest that you consider yourself an 'Internet Educator' rather than an 'Internet Entertainer'? Not that you're not entertaining -- you are! -- but you undersell your talent to impart knowledge clearly and to inspire others. Second, I imagine that as you move forward things become a little more predictable, right? I mean, the learning curve is unlikely to be as steep as it was your first year out. I'm wondering if in a future video you might explore where you are at the one-year point and in what ways you've exceeded or come short of your expectations for your channel. From my perspective you're doing great!

    • @ElAgustin
      @ElAgustin  11 місяців тому +1

      Yeah, I've always sold myself short. Thanks for the kind words! Yeah, the learning curve is massive as there are so many different skills you have to learn with this. It's like you have 10 different roles, but I finally feel like I sort of understand what I'm doing. In terms of YT, I still feel extremely young and naive, but I truly enjoy doing this so I don't think I'll reach burn out. Will just keep learning and growing. Rome wasn't built in a day!

  • @cabragooncabulous4082
    @cabragooncabulous4082 11 місяців тому +1

    Appreciate the honesty. 👍🏻

  • @r.g.3150
    @r.g.3150 8 місяців тому

    Thank you for sharing. Down to earth but also brave

  • @camillegarciawg04
    @camillegarciawg04 5 місяців тому

    Great video full of candor and hope

  • @DJM77777
    @DJM77777 10 місяців тому +5

    I feel so uncertain in Corp now, because I constantly feel I need to get out. The security is there when it come to current income, but not as a long term plan. Thank you for your insights Austin.

    • @BarbieDawl.__
      @BarbieDawl.__ 9 місяців тому

      I want to go to the military, I have no family. My parents passed away when I was young I’m currently stuck at a job right now where the boss is cheap. He doesn’t want to hire the help and if someone doesn’t come in all the work falls on the other assistant .

  • @TimothyDeck
    @TimothyDeck 11 місяців тому +5

    Keep up the good work. I love watching you videos. I am retired and loving it. You have a lot of great advise. :)

  • @j.m.b5441
    @j.m.b5441 11 місяців тому +7

    I know a couple of people that have stayed in their self employed ventures just out of stubbornness, I know for a fact they can't make ends meet and are stressed out 24/7 but they are too proud to even acknowledge it, I feel bad but you can't tell them a thing, they know it all, it's a relative off mine, I'm just venting, I would hate to see him end up in a real bad situation but I can't do anything.
    Thanks for your videos.

    • @CITYBEACHTV
      @CITYBEACHTV 10 місяців тому +1

      They’ll be learning a lot and it’s for them to decide when to give up, not you. Don’t be a downer; try and help rather than being a know it all. Their big break could be round the next corner

  • @careerconstellation6070
    @careerconstellation6070 2 місяці тому

    Thank you for being so honest. I wish I heard this before I went out on my own. I have been going back and forth about returning to Corporate. I can make more money, but in so many ways, it is too predictable.

  • @partasuhari
    @partasuhari 2 місяці тому

    Thank you for sharing. A very important and interesting topic, very good points

  • @workinprogresssince1974
    @workinprogresssince1974 11 місяців тому +10

    There is nothing glamorous about being self employed, unless you have a ton of money behind you.

  • @AngeliqueDiaries
    @AngeliqueDiaries 10 місяців тому

    So good! Highly considering doing this💕

  • @TheCelmap
    @TheCelmap 11 місяців тому +13

    I'm burnt out from my job. Took 2 sick days off and will return on monday, the job is stressful, draining and sometimes nightmare 😂, but the paycheck and benefits are super great. I'm saving and investing hardcore to reach 500k by 2025 and then take 1 year break without working, after that will work on a very small business that will consume only 2 to 3 days a week. Hope to still alive until there 😂😂😂😂

  • @milwaukeemotor5995
    @milwaukeemotor5995 11 місяців тому

    very well thought out videos

  • @robertdavila1451
    @robertdavila1451 11 місяців тому

    Bravo, dude. Success, like life, is a journey and not a destination. Yes, it's uncertain and tough, but sounds to me like you're making your way on that journey one step at a time and on your own terms. Sounds to me like you already are a success. ¡Buena suerte!

  • @Truth-of-the-matter
    @Truth-of-the-matter 10 місяців тому +6

    Working harder can mean many different things to different people. At most jobs your pay is based on your time and partially your outcome, studies have shown most workers are checked out by hour six. I believe the big difference is your focus is on one task (without the distractions of coworkers, set hours and commutes) which will allow you to work more effectively. Quitting involves risk like anything else but so is living a life that you don't have passion for.

  • @ashog1426
    @ashog1426 11 місяців тому +1

    I cant ever do it but I do respect you and those who do. 🙏

  • @orbweaving
    @orbweaving 11 місяців тому +2

    I really appreciate this video. I'm in the process of studying & learning to transition to a new profession, but unfortunately there are virtually no employers in the field (herbalism), so I will need to run my own business- whether a clinic or selling products. I keep wanting to quit my full-time job as the workplace is extremely strenuous on my health, but I am glad to have perspective from people who have done it and know that I need to keep going a little longer to make that transition easier on myself - as like you said, it is already a difficult path.
    My plan right now is to take courses and certifications for adjacent fields (massage therapist, yoga instructor, maybe nutrition or acupuncture) so I can work part-time with a higher income while building my herbalism biz and integrate those into it as well. I have some other side hustles that contribute to my transition plan as well.
    I'm wishing the best for you and anyone else making their own path so that their work is their *life's work*

  • @livingoncoffee
    @livingoncoffee 11 місяців тому +1

    You're doing good kid!!!

  • @johnmackey6523
    @johnmackey6523 17 днів тому

    Eight years now since I jumped.Everythng Austin said is the absolute truth from what I have personally experienced.Wouldn't have life any other way now.Hustle has become the new normal.

  • @Luncheon23
    @Luncheon23 11 місяців тому +5

    2:40 thank you for these eye opening facts on self employment Agustin. I think a lot of us who are considering early retirement should be aware of these facts before taking the leap 🙏

    • @ElAgustin
      @ElAgustin  11 місяців тому +2

      Paying over $200/month for crappy health care is definitely something to think about!

    • @dpayne1943
      @dpayne1943 11 місяців тому

      @@ElAgustin I am assuming that you get an Affordable Care Act subsidy, cause I haven't seen even crappy health care plans that low in years. Low cost is around $500/mo. and premium runs about $900-$1400/mo.

  • @nicoamicone
    @nicoamicone 4 місяці тому

    Muchas gracias a ti for such an inspiring and insightful video!!

  • @iNeverSimp
    @iNeverSimp 10 місяців тому +9

    Uncertainty is everywhere. Even if you have a job, do you really think you can't get canned? What if there's lay-offs?
    As for sacrifice, if you aren't improving your skills all the time, you may become obsolete one day. I still spend hours outside of my job training and learning.
    I agree having your own business isn't without problems but working for someone is just as bad if not worse. It all boils down to your own personal situation and how much you want to push forward.

  • @iam992003
    @iam992003 10 місяців тому +1

    This is most important advise @EIAgustin I have got till now. Both sides have been explained. No fake motivation. But this gives me immense energy to pursue the own path. Thanks Austin 🙏. 2-3 years in future I will come back and experience thrill that i wrote this comment and succeeded.

  • @PatriciaCarrier
    @PatriciaCarrier 11 місяців тому +2

    Well said! Thank you😃❤

  • @YusefWakeel
    @YusefWakeel 11 місяців тому +7

    Yes but you get equity. That’s the big downside to a 9-5. I work all year and end the year with 0 equity. So 5 years from now you will be way ahead because of the equity you keep in your company

  • @erichsen07
    @erichsen07 7 місяців тому

    thank you for this

  • @DJ-zi7oe
    @DJ-zi7oe 11 місяців тому +9

    Consider going the "barista fire" approach where you find a PT job that pays your health insurance

  • @AJ-ot6dt
    @AJ-ot6dt 8 місяців тому +15

    I had to leave my job. My ex employer was ignorant to all of it or decided not care. I had my work written on, delayed, and manipulated in other ways to make my job hard. Had to leave to protect what little mental stability I had left. All the while, my coworkers behaved as the issue was me.

  • @vojtechpelc
    @vojtechpelc 11 місяців тому +3

    Hi Augustin! Since it's the holiday season, I have a topic suggestion for you. People who go on vacation to work anyway (aka workaholics) and people stressed out from being on vacation they can't afford.😊 Keep up the great work!

    • @ElAgustin
      @ElAgustin  11 місяців тому +1

      Thanks for the idea!

  • @SunnyKindJourney
    @SunnyKindJourney 11 місяців тому +3

    This was massively helpful, Austin! I'm following your footprints and quitting my job soon 😎

    • @ElAgustin
      @ElAgustin  11 місяців тому +2

      Hey Seve! I'm glad! I also think there is a time and place to do it. When you're young there really isn't as big as a risk because you don't have dependents and can bounce back if things go back! The worst case scenario is just go back to a job. You're welcome to email me and chat if you have any questions!

    • @SunnyKindJourney
      @SunnyKindJourney 11 місяців тому

      @@ElAgustin Thank you! 😇

  • @danjones3009
    @danjones3009 11 місяців тому

    So good!!! 👊😊👍👍

  • @jamesdeagle
    @jamesdeagle 6 місяців тому

    Good solid presentation of 'advice'. James Deagle

  • @raja.mubbasshir9072
    @raja.mubbasshir9072 3 місяці тому +1

    Left a month ago and continued freelancing. the main thing I miss is socializing.

  • @katherinepace7369
    @katherinepace7369 11 місяців тому +7

    You are 100% correct that being self employed, you never get a day off. My parents were small business owners, and never got a day off, even at Christmas or Thanksgiving. I realized I would rather work 8 hours a day at a job so I could have some work life balance.

  • @angelicalisa
    @angelicalisa 6 місяців тому +2

    for me the main difference is that you have a chance of making it... and then you can enjoy your life fully. Otherwise when you stay in your job and don't try there is no chance of making it right?

  • @mangensukilufya1233
    @mangensukilufya1233 9 місяців тому

    Wonderful. This is from someone who has done it not reading books. I have been there and it is awesome. The only thing for me was to be away from my wife and children. Out of that it was a growing process and i am going back to it as my children are grown up now❤

  • @IsauraAbreu
    @IsauraAbreu 11 місяців тому

    You are awesome!

    • @ElAgustin
      @ElAgustin  11 місяців тому +1

      Not as awesome as you!

  • @hanifjones4914
    @hanifjones4914 11 місяців тому +1

    Always have a buffer. Save for that break and then you will have time to think about a few things

  • @BB-sf7jv
    @BB-sf7jv 11 місяців тому +9

    Loved my job….just retired at 68. Advice: do what you love and you 2 can do it for 40 years! 😉

    • @loriella6250
      @loriella6250 11 місяців тому +4

      That’s rarely discussed. I’m 67 and when I consider retirement, the main obstacle is that I like what I do and who I do it for. I’ve worked for 51 years. I’d miss it. Happy retirement to you, @BB-sf7jv!

    • @BB-sf7jv
      @BB-sf7jv 11 місяців тому +3

      @@loriella6250 Thank you!

    • @hanifjones4914
      @hanifjones4914 11 місяців тому +2

      Goood. This is great.

  • @millax-ev6yz
    @millax-ev6yz 7 місяців тому

    I like your take on this and it needs to be looked at case by case. I hate my work, I'm also old. I know taking an extreme jump like this would cripple me with worry. I think at some point you have to factor in age and challenge what your bandwidth is to quit your job and assume that risk or just deal with the suck you have

  • @ritaa296
    @ritaa296 3 місяці тому +1

    I quit my job because I wanted to start my own business but it hasn't been easy, the business is my whole life now, I don't sleep, I am obsessed! Having this mentality that it can never fail! It must succeed! I have people looking up to me, family to feed, thinking of going back to work because how do I tell my kids this have to be on hold for now, or when they want something I say not now baby soon! Not looking forward to going back to work but…

  • @A222Z
    @A222Z 11 місяців тому

    Good insight..

  • @j.m.b5441
    @j.m.b5441 11 місяців тому +2

    Exactly the reasons why I didn't quit my job after starting a business on the side, not for me.

  • @aaronaustrie
    @aaronaustrie 11 місяців тому +2

    I love the honesty you show in your views on life whether they're good or bad. This will surely help me one day 🙏🏾

  • @Diecastinator
    @Diecastinator 11 місяців тому +2

    I'll probably be fully self-employed within the next 5 years. I have side hustles and businesses and rental properties so I have a diversified portfolio but I feel like my day jobs okay but I know there's no upward mobility. Every job I've had has been stuck in the same spot. Never gone up. Dig the video

  • @rumham7130
    @rumham7130 2 місяці тому

    Waiting for things to become great again before taking the leap.

  • @pattirose4487
    @pattirose4487 3 місяці тому

    I am in the process of being self employed. Thanks for sharing your story

  • @chrismartinez4727
    @chrismartinez4727 10 місяців тому +4

    Just quit my job today, very disrespectful big ego bosses I hated being around them

    • @tekarthobbyist9598
      @tekarthobbyist9598 9 місяців тому

      How are you doing now?

    • @chrismartinez4727
      @chrismartinez4727 9 місяців тому

      @@tekarthobbyist9598 I actually got a job that I’ve been wanting, they pay more and give alot of over time, best decision I’ve made

  • @user-mv3gp8hf1v
    @user-mv3gp8hf1v 5 місяців тому +2

    I’m currently an assistant teacher and didn’t really choose this job. I mentally can’t handle it and I just can’t figure out my income. Idk what to do. How to figure out what I want. I just want to be financially stable and not struggle or have anxiety every day about going into work

  • @rqn1998
    @rqn1998 6 місяців тому +2

    I left during covid and have not been working 3 years now in Australia. I hate day jobs and am forever grateful i am not working. The people have their heads up their backside and let life burn away. Sure its harder but time is more valuable than money and most ppl chase money!

  • @sapphirexwind
    @sapphirexwind 11 місяців тому +5

    In the past, I would have never quit without a backup position. But I was forced out of my 9-5 - the highest paying job I have ever had - due to increasing mental instability and depression brought on by the workload and chaos of the said position. Yes, I was asked to resign. I had a "wellness check" done on me in March, which surprised and shocked me. What was the position? Public school teaching. And I feel guilty for not being there for the kids, but if I didn't quit...I would likely never be able to go back to it. Now I'm trying to piece together PT jobs, teaching art, ESL, summer camp, online, locally, working with autistic kids, ANYTHING. Most of it is considered "gig work". Luckily my bf is moving in and helping with rent after moving to a bigger place...or I wouldn't be able to survive. I am now on meds (not sure if working) and seeing an online therapist. But I am feeling the pressure of "making it" all over again. Thank you for this, I just wish I had a choice like some people...

  • @javierlopez624
    @javierlopez624 Місяць тому

    I believe going into a field in which you pursue, should give you an idea of what you are striving for

  • @learningtogetheredu
    @learningtogetheredu 2 місяці тому

    I know quiting is not an easy decision. I quit my toxic job last year December. I had started a UA-cam channel for a back up plan but i soon discovered that growing a UA-cam channel is not easy. Though i have met several challenges i know one day things will be better. And no there are no regrets because freedom is better than anything.

  • @notknownguy
    @notknownguy 6 місяців тому +1

    I quit my job yesturday after 25 years of service I now have 4 weeks to find a new job! Yep my wife was pissed, now no other income. Here is to being uncertain!

  • @ElasticbrandNet
    @ElasticbrandNet 8 місяців тому +2

    I quit my six figure corporate job, moved to another country, worked my ass off for three years for a third of the money, and four times the hassle. Had some great experiences but ultimately it did not work out. Went back to the same company and had a great career after that. It made me appreciate employment much more than before.

    • @johnrainsman6650
      @johnrainsman6650 8 місяців тому +1

      Really? I'm quitting my job because of my boss. Would you maybe be interested in seeing my practice email if I post it in Newest First?

  • @morganaluthor
    @morganaluthor 8 днів тому

    i agree with many. I recently left an extremely toxic job with no solid plans and it is great for me mentally. the uncertainty is will they pay my salary? because they always refuse to give paychecks to previous staff. even though i may not have income, i could visibly see myself gaining back my self worth and did part time while searching for a new job

  • @timothyswauger3984
    @timothyswauger3984 11 місяців тому +6

    I am 51 and because of wise financial habits, am on the path to being able to retire well at 62. The issue is that I don’t want to retire because the work I do brings me more joy, fulfillment and satisfaction than anything else. It’s a good dilemma to have so I feel blessed.

  • @user-uh2yq1fl3j
    @user-uh2yq1fl3j 3 місяці тому +1

    As a successful bar and restaurant owner- who survived Covid- you will NEVER work harder in your life. You are correct. Uncertainty in being an entrepreneur and business owner is a constant presence in your life. It also consumes you. You are never “off”. On a bad month you are the first one who does not get paid. You may or may not be able to afford health insurance. However, it’s mine. It success and therefore my success are intrinsically linked. I could never go back to corporate. I quit a 6 figure job to make nothing for two years before the business became profitable. So my advise. Be prepared for that. If you have a spouse or partner that can pick up the financial slack or you can make huge changes in your financial profile that is a plus. If you think you will start a business and just sit back and the money rolls in- think again.

  • @slob5041
    @slob5041 10 місяців тому +3

    I want to quit to just not be around corporate bullshit ever again

  • @TheologyVGM
    @TheologyVGM 10 місяців тому +2

    I quit my job in May.
    I have luckily been able to pay my portion of the bills since then with my music income.
    That said, as the other comments say, I don't have kids, I have significant savings for someone in this shit ass world, and I'm insanely privileged.
    I don't take it for granted. I have grinded for 16 years to get to this point, but also, I am hyper aware that I'm in a unique situation.
    I am enjoying that my work is just an extension of me. It always was, I just had resumes to write for stupid CEOs in my past. No more :)
    Anyways, great video. Gracias para todos!

  • @sarayupirena6328
    @sarayupirena6328 12 днів тому

    i quit my job. hope for the best.

  • @namitajain68
    @namitajain68 10 місяців тому +2

    I have lived almost all my professional life (30+ years) as a freelancer or part-timer writer on hire. Also been the major earning partner in my marriage. It isn't easy, the uncertainties, the lows, the fears. But yes, it is completely, completely worth it. I learned to save and invest on fluctuating income. To cover as many bases i could. Now i am in semi retirement and living/loving a slow life.

  • @icemanbrfc
    @icemanbrfc 4 місяці тому

    This will be me soon. Im ready to call it a day, without a new job lined up

  • @AN-jz3px
    @AN-jz3px 8 місяців тому +2

    I am 38 and I sold my business for 11.4 million dollars. I also rent my condo at a ski resort and use it for free 2 weeks a year, and just homestead. I will never, ever ever work again, nor will I use my fortune to help anyone else. I am 100% dropping out of the workforce and downsizing. The only thing I felt bad about was selling my employees to a venture capital firm, but I got over it quick. I suggest everyone stop working asap.

    • @SunnyHomeVideos
      @SunnyHomeVideos 8 місяців тому

      Wow that is amazing. A true inspiration 👏

  • @n.bonato
    @n.bonato 2 місяці тому

    Thank you

  • @LaurenHayley16
    @LaurenHayley16 8 місяців тому +1

    Well I’m working 70 hours a week being constantly criticized and taking work stress home already so I’m pretty confident with my decision.

  • @JournalJourneys_ab
    @JournalJourneys_ab 24 дні тому

    Quit my job today and I don’t exactly know what’s next. I know I’ll make it. Hope to reply to this same comment when I make it in life!!!

  • @DamonCassidy
    @DamonCassidy 9 місяців тому

    Thank You Austin. I recently quit my job to pursue youtube myself, in a similar niche as yours and I often look up to your content. I just hit 3 months on this grind and you hit the nail on the head it is hard. I mean HARD... but man is it worth it. Thank you🤍

  • @rocioocampo8735
    @rocioocampo8735 11 місяців тому +1

    Great video! I am hoping to retire in the next five years 😊 getting tired of working twelve hour shifts 😅

  • @aliyukabir7201
    @aliyukabir7201 Місяць тому

    It's the fear of uncertainty that makes most of us stick to jobs that not only makes us miserable but allow certain people to treat us like trash.Its a big risk to take,but you will surely come out stronger and better.