I QUIT MY JOB TO SELL ON EBAY 3 YEARS AGO | Was It Worth It?

TL;DR

An entrepreneur discusses the challenges of leaving a 9 to 5 job to pursue a business, highlighting the importance of considering factors such as loneliness, lack of holidays, constant work, financial investment, and the need for self-management.

Transcript

i quit my job working as an accountant around three four years ago to pursue my dreams of building a business on ebay shopify and amazon make sure you watch this whole video because i'm gonna break down my thoughts on whether or not it was a good idea for me to leave my 9 to 5 job what's going on people welcome back to my channel if you're new my n... Read More

Key Insights

• 👨‍💼 Leaving a 9 to 5 job to pursue a business can be a lonely journey, as working alone lacks the social aspect of a traditional workplace.
• 👨‍💼 Running a business means sacrificing holidays, as there is always something to attend to, even during planned time off.
• 👨‍💼 Financial investment is necessary for a business to succeed, and entrepreneurs must be comfortable letting go of a regular paycheck and investing money back into their business.
• 🤳 Managing all aspects of a business without help can be overwhelming, requiring self-education and multitasking skills.

Questions & Answers

Q: What is the biggest challenge of leaving a 9 to 5 job to start a business?

One major challenge is the loneliness of working alone, without colleagues to interact with on a daily basis. This can be a big adjustment for those used to a social working environment.

Q: How does running a business affect holidays and free time?

Unlike a 9 to 5 job with a set number of vacation days, running a business means limited time off and the need to work even during holidays. The speaker highlights the constant need to attend to business tasks, always having something to deal with.

Q: How does running a business require financial investment?

Starting and growing a business often requires continuous investments, such as purchasing stock and equipment, paying suppliers, and covering taxes. It's important to be prepared to let go of a regular paycheck and rely solely on the profits generated by the business.

Q: What are the challenges of managing all aspects of a business alone?

When starting a business, especially without employees or help, one must handle all aspects of the business, including accounting, marketing, customer service, and HR. This requires time, effort, and self-education to effectively manage every area.

Summary & Key Takeaways

• The speaker quit their accounting job to pursue their dreams of building a business on eBay, Shopify, and Amazon.

• Leaving a 9 to 5 job means working alone, which can be lonely without coworkers to interact with.

• Running a business requires giving up holidays, constantly working, investing finances, and taking on multiple roles within the business.