Ask HN: Should I quit for 6 months?
25 points| yathern | 6 years ago
BACKSTORY:
25 years old. Not married. I've spent the last 3 years working at a FAANG company - more or less right out of college. For the first 2.5 years I lived at home with my parents. As such, I've saved quite a bit. Now I'm living in the city. With recent changes to my team goals and product, I find myself extremely unfulfilled as of late. I now regularly engage in fantasies of quitting, and my gut tells me it's the right call.
I've always had personal projects I work on. Mostly ones that are intended to make a tiny bit of passive income. No one-hit wonders. But none of them have seen the light of day. I lose interest half way through. In my time off, I would like to finish one of them.
I'm somewhat risk averse, so I would only allow myself to go 6 months before trying to find another job (provided I can't come up with any solo income in that time). I hold no belief that I'll make a profitable project being solo. I don't fantasize about being a startup founder who makes millions. I just want some time to work on projects I enjoy. Maybe make some money off them. Probably not.
USEFUL INFO:
* Rent + everything else = ~4k a month. I can get that lower.
* I have 275k in savings. Not counting 401k.
* 6mo would cost about 25k.
* My lease is up for renew in 6mo, which is a nice coincidence.
* Got promoted in the last 6 months. This may help job prospects in the future - companies may more easily hire me at that level, than if I quit without getting promoted.
RISKS:
1) Sucking it up and working at this company the next 8 years would result in a very lucrative career, and that's a large opportunity cost.
2) Getting a job 6 months from now may not be as easy as I pretend it is. (What if the economy explodes!)
3) I may find that I have motivation for personal projects either, and live 6 months in a quiet depression in my underwear.
ALTERNATIVES:
1) I suck it up and do my job. People would love this job. It's cushy and it pays very well. Just do it for 5 more years and then consider this stuff.
2) Change teams at work. I imagine this might be only a mitigation, but maybe it would make things better.
3) Talk to my manager about working on stuff that I want to. I love to create and experiment. I know our problem area well now. I have things I want to create that would be valuable to the company that I would be passionate about. Would it be wise to ask for a 3 month trial of working on my own solo thing within the company? I would like that.
So what do you think? Should I do it?
[+] [-] mrdependable|6 years ago|reply
It sounds like you want to take 6 months as a way to enjoy life before getting back to "the grind". Taking time off is good, but I'd think more about where you want to end up rather than just jumping back into the job market and trying to maximize your income again.
[+] [-] Jack000|6 years ago|reply
I think there's not much point in quitting if you want to go back to doing largely the same thing in 6 months. If you really need time off you can always talk to your manager for an extended vacation/leave (churn is terrible for teams, so managers generally have strong motivation to retain you. My manager offered me 6 months leave when I quit, but ymmv)
> I just want some time to work on projects I enjoy. Maybe make some money off them. Probably not.
If you don't have a concrete idea of what you're going to work on or how it will produce income, the probable outcome will be no - In which case, quitting in hopes of having side-project income in 6 months would seem like a bad idea.
I was in a similar spot when I quit 5 years ago. It took me about 3 years and 10+ attempts before my first successful commercial product. 6 months is barely enough time to build and validate your MVP, even if you have a highly specific idea of what to work on.
I think solo-entrepreneurship is an all or nothing proposition. On the one hand, the longer you stay in your career the more invested you'll become and the more difficult it will be to leave. On the other hand entrepreneurship requires a type of experience that is difficult to acquire while working as an SWE (specifically, customer acquisition and the product instinct to make something people will give you money for). I don't think there's a lot of middle ground between these paths, but ultimately it depends on your own skills, experience and aptitude.
Personally I think the ideal strategy is to stay at a high paying job while working on your business, but not everyone can do this (I couldn't, which is one of the reasons I quit)
[+] [-] go_ruby|6 years ago|reply
[+] [-] sarcasmatwork|6 years ago|reply
Always having passive income is good. Side projects will keep you busy and bring in money. What happens in 6 months, or 1 year and you cant get a job? (worst case). There is a ~10% fee for cashing out 401k early fyi.
Take a long vacation, and come back and grind for a year or more then consider this stuff again. As someone that has 12 years on you, I wish I would have saved more and lived less fruitful so I can travel more now. It's easier to be in the grind now, then later. Why pass up good money/good job? My $0.02. Good luck in whatever you decide.
[+] [-] yathern|6 years ago|reply
I really appreciate your insight, as a potential future-me. I see two potential regrets in the future:
1) Regret working for 10 years and not pursuing things I was more passionate, just to have a nice stockpile of money
2) Regret abandoning my job and pursuing my passions, which ended up burning through my money, and putting me behind in my career.
Not sure which is worse. By limiting it to 6 months or so, the latter is mitigated, as long as I can get a job quickly again.
[+] [-] zlast|6 years ago|reply
You didn't mention taking any breaks / vacation during this period. Take a week or two off and see how you feel. If you feel you should go longer, do it. I'd strongly advise against going right into a 6 month break.
[+] [-] yathern|6 years ago|reply
[+] [-] coralreef|6 years ago|reply
- You're 25, if you completely waste the next 6 months of your life, you've lost nothing.
- Consider asking your work for a 3 month sabbatical. Or some part time role. This can give you enough time to see if its what you want.
- Make sure you have obsessions outside of work/programming/sitting in a chair for hours. Bonus points if its social/athletic. You might be smart, but you're still an ape.
[+] [-] muzani|6 years ago|reply
[+] [-] badpun|6 years ago|reply
This. I've excercised my quitting fantasies a couple times before (I'm 38) and, without fail, after a couple months of working on a side project the excitement wears off and then it's just work - but without daily routine, coworkers and steady (and big!) pay. I find that, having the opportunity to make great money at job, I'm not passionate enough about anything to work on it for uncertain and delayed rewards. Classic golden handcuffs.
However - excercising these quitting fantasies have actually lead to a lot of personal growth, as I was able to test myself and to get to know myself better, not to mention branch out into different areas of life (my projects weren't only in software). And also somehow, after each flop, I've landed a job with similar or better pay than the one I've left. That was in Europe though, so I have no idea how likely is that in the US FAANGs.
> I suck it up and do my job. People would love this job. It's cushy and it pays very well. Just do it for 5 more years and then consider this stuff.
The tricky part here is that, in 5 years, it's likely that your pay will be amazing and you will risk even more with quitting.
If you're 25 and on the fast track to big bucks at a FAANG, the smart move seems to be just to ride it into early retirement. Most people probably cannot resist the tempation of quitting and trying out something else for a while - it's cool, we're not robots. But the default strategy should be early retirement IMO.
[+] [-] world32|6 years ago|reply
This is exactly my experience of quitting jobs to do something else. The grass was never as green as I imagined it to be before quitting, but the amount of new skills I learned and experiences I had were 10x what I would have gained from staying in the same job.
[+] [-] amirathi|6 years ago|reply
- 6 months is very short time. Carve out 18 to 24 months for a real shot at monetization
- Consider moving to a low cost place or even back to your parents house for a year or two
- Plan finances in a way that you won't regret spending couple of years on a project that produced $0
- At $2k burn, 2 years of free time to pursue your goals for $50k should be a good deal in your position. If not comfortable, wait it out another year or two at a high paying job. Release 1-2 very small products in that time to understand how this world works.
[+] [-] taurath|6 years ago|reply
1) Burn rate - $4k is pretty high (I assume bay area). You could be living anywhere in the world for that 6 months on that burn rate.
2) Opportunity cost. If you make $250k/yr, you're spending $125k of potential income. Thats what you'll be thinking of at the end of the 6 months as you start to get a job. This is 100% okay, and life should lived - however, if you happen to be used to a certain lifestyle, and expect that lifestyle in the future, that opportunity cost may bite you when you consider how much more it would have made for you in 10 years.
IMO, if you think there's a real risk you actually sit around in your underwear for the 6 months, then make some change at your job, see a therapist, and examine your motivations both for work and those side-projects. If you don't want to work because you can't stand not being able to work on those projects, then quit and do so. If you're just looking for a change or some way to find your motivation, then make a change, see if its better, and if you're still not motivated take a motivation break and do things that are totally outside your comfort zone.
[+] [-] kleer001|6 years ago|reply
$275K is retirement money, it's 1% money. Either your risk aversion threshold is really really low or the size of that savings hasn't hit you yet.
Jumping into a 6 mo vacation is a great trial by fire for testing your retirement skills. Keep that brain busy and you'll be good.
[+] [-] yathern|6 years ago|reply
I guess it's a lot of money - I don't spend a lot, other than living in an extremely expensive place... But obviously I don't want to burn through it all. Last thing I want is to get addicted to living without working, and slowly burn through all of my savings. 5 years later, I have to get a job, but I'm no longer a good candidate.
[+] [-] saluki|6 years ago|reply
I wouldn't talk to your manager about working on stuff you want or mention leaving to work on side projects.
Focus on your job for now, save even more and test out doing side projects on your own.
Check what documents you have regarding IP for things you work on outside of work on your own hardware. I wouldn't raise a red flag by asking this question through HR.
You might like this podcast StartUpsForTheRestOfUs.com listen to the archive.
I would start building some simple side projects that can earn some money and build up your skills and experience in that area following a stair step approach. Rob outlines it on StartUpsForTheRestOfUs.com.
Once you have a few wins under your belt you can think about leaving your FAANG job in the future to start a SaaS or other project that you feel has a high probability of success and generating quit your job money.
Good luck with your transition.
[+] [-] throw03172019|6 years ago|reply
[+] [-] wantToQuit99|6 years ago|reply
OP,
I'm going through something similar - work at a FAANG company, have 250k+ in savings, contemplating quitting for a few months because things at work seem soul-sucking.
I went through the same trade-offs you mentioned. In the end I've decided to just take the plunge. When I'm 50, I don't wanna look back and think it'd have been extremely easy to take a few months off and see what that turned into.
PS: I'd love to get in touch and share our common insecurities if you're up for it. I live in the Bay Area and am reachable @ [email protected]
[+] [-] giaour|6 years ago|reply
It can't hurt to ask, and going on leave rather than quitting would mitigate risks #1 & #2.
[+] [-] dangwu|6 years ago|reply
[+] [-] reducesuffering|6 years ago|reply
[+] [-] raztogt21|6 years ago|reply
You will never be 25 again. You will never have your current energy levels, ideas, and zero responsibilities like right now at any point in your life again. Leverage them, build something great or find happiness.
[+] [-] codyb|6 years ago|reply
Just remember that job hunting can take a few months with interviews and all the rest.
[+] [-] surfer369|6 years ago|reply
[+] [-] Copenjin|6 years ago|reply
I would "suck it up" (option 1, with a sprinkle of 3 eventually) and revisit this problem in a few years if it still persist.
Also, 1 week is not a proper vacation, it's not even enough to disconnect the mind from the problems you have at work.
Good luck.
[+] [-] sloaken|6 years ago|reply
[+] [-] duxup|6 years ago|reply
Do you feel like those projects will really make you feel fulfilled?
That's really the only question here right?