You’re not being paid what you’re worth: With unemployment rates skyrocketing and corporations downsizing pay rates are dropping and you’re expected to do the work of three people for lower wages than you were earning just last year. And to earn those lower wages you’re now working at least 46 hours or more each week instead of just 40.
You have no way of increasing your income: The only way to increase your income these days is to work more than the 46 hours a week you’re already working. At an average pay rate of $15 per hour, you only make $15 for each additional hour your work, and that’s before taxes are taken out. To make an extra $500 per month you’ll need to work approximately 10-12 hours a week – and that’s IF you can find a part-time job that pays $15 an hour.
You’re not being paid for your ideas: No matter how hard you work, no matter how much money you save the company or how many great marketing campaigns you come up with you’re an hourly-employee, there’s a limit to how much you can make each week. Someone higher up in the company will always lay claim to your brilliant ideas and the company itself will always own your work.
You hate going to work: If you have to drag yourself to work every day then chances are you’re already in danger of losing your job. You’ve probably missed work or you’re less productive when you’re there. At the very least your attitude sucks and your employer has already noticed.
Your quality of life sucks: It’s time to quit your job when you no longer have any time for family or friends or hobbies. It’s time to quit your job if you’re having health issues, if you’re always tired and fatigued, depressed, constantly down with a ‘bug’, experiencing high blood pressure or migraines. When you no longer enjoy your life and one day is just like another, filled with long hours of drudgery and hard work, then your quality of life sucks and it’s time to do something about it.
You can do it better yourself: With unemployment rates soaring, more and more people are striking out on their own, using their talents and expertise to provide products and services locally or on the Internet. If you have a hobby or a special area of interest, chances are you can make money with it.
You’ll own it! When you work for someone else you have no control over the way they run their business, and in today’s economy, companies are folding every day because of poor leadership. How many times have you sat at your desk and said, “That’s not going to work. They should ask me. This company is going to go under!” When you go out on your own you control your business. It’s much easier to react to changes in the marketplace when you don’t have to report to a board of directors and it’s much easier to take a few risks, too.
What do you think? Let me know in the comments below!