648: Why Winners Quit: The 5 Factors to Leaving a Soul-Sucking Job w/Pat Hiban and Tim Rhode
BiggerPockets Real Estate Podcast
Shownotes Transcript
Quitting your job is a big decision and it doesn’t always lead to the perfect outcome—at least not immediately. Most people think that you have to be miserable or make very little money to want to quit a job, but even high earners still find themselves struggling to attend their nine-to-fives. Pat Hiban is the perfect example. He quit during his prime even as he was making a high income and after owning his own company. Regardless of all the respect, responsibility, and ability to make phenomenal income, it just wasn't enough for Pat.
You may be feeling the same. Maybe you’re daydreaming about multifamily investing as you sit at work, or picturing the perfect vacation rental property on your commute. Whatever your reason, quitting might be the best move for you to make, but only if it’s the right time. Don’t worry if you’re struggling with decision fatigue, Pat and fellow quitter Tim Rhode just came out with their newest book, The Quitter’s Manifesto: Quit a Job You Hate for the Work You Love.
In it, Pat and Tim give stories and tools that will help you on your path to building wealth while leaving a job that you hate. The resources you’ll find in this book are exactly what our very own David Greene used when deciding to quit his highly lucrative, but mentally draining job as a police officer. If you’ve been sitting on the fence, not knowing the next step to take in your career, this book may be exactly what you need.
In This Episode We Cover:
How to quit your job and start investing in real estate full-time
The five factors of a soul-sucking job and how to evaluate whether or not it’s time to jump ship
Finding the "quitter’s trapeze” that can help you transition from W-2 to self-employed worker
Building your team of quitters who will hold you accountable and take you to the next level of your career
What it looks like when you’re ready to quit and how to emotionally prepare for the impact
And So Much More!
Links from the Show
Get Your Ticket for BPCon 2022
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts
Get More Deals Done with The BiggerPockets Investing Tools
Find a BiggerPockets Real Estate Meetup in Your Area
BiggerPockets Podcast 190 with Pat
BiggerPockets Podcast 353 with Tim
Hear David’s Real Estate Origin Story on The “BiggerPockets Money Podcast”
10 Challenges to Seriously Consider BEFORE Quitting Your Day Job
Books Mentioned in the Show:
6 Steps to 7 Figures by Pat Hiban
The Quitter’s Manifesto by Tim Rhode and Pat Hiban
Connect with Pat & Tim:
Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-648
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