No Alarms Club

Don't Quit Your day Job

Episode Summary

Always think of your day job as a paid learning experience and apply as much of it as you can to your Overlap.

Episode Notes

Key Takeaways From This Episode:

Action Items:

Resources Mentioned in This Episode:

Episode Transcription

Garrett: 

[00:00:00] Hello and welcome to the No Alarms Club podcast. My name is Garrett. 

[00:00:05] Today is July 9th and they're still fireworks going on outside my window. 

[00:00:11]This is a podcast where we design a lifestyle around not having to wake up to an alarm anymore. 

[00:00:21] That means we get to work when we want. We get to work where we want. We get to work on what we want to work on. 

[00:00:29] And my favorite part is no more commutes. Commuting is the worst. 

[00:00:35]Right now we are working through the book, Overlap by Sean McCabe. 

[00:00:41]This starts part two which is titled Protect Your Passion and this is chapter six, titled Don't Quit Your Day Job. 

[00:00:53]The quickest way to lose your passion is to jump in too quickly with monetizing. 

[00:01:01] If you monetize your passion too early, you're going to get stressed out and you're gonna kill it. 

[00:01:07] I have experienced this multiple times, myself. 

[00:01:10]I didn't realize it at the time but reading this book I've been able to put it into perspective and look in hindsight and realize that  by trying to monetize my passions too early I lose the initiative to just do the passion. 

[00:01:29]Instead, I end up spending all this time working on marketing and sales and stuff and then I'm not having fun anymore because there's no passion. 

[00:01:39]So before we turn our passion into our full time job, which is what this whole book is about, we need to make sure that we have a full time job during the growth phase. 

[00:01:52]The growth phase is the part of our passion to career path where our passion isn't able to pay for 100% of our financial needs. 

[00:02:02] There's no negotiating on that percentage. 

[00:02:05] It's 100%. 

[00:02:07] We do not quit our day job until 100% of our financial needs are met by our overlap. 

[00:02:14]There are a couple ways that I have found to speed this up a little bit. 

[00:02:20]Sean doesn't mention them in the book, at least not yet. 

[00:02:23]But this is what has worked for me. 

[00:02:27]First you have to be good at your day job. 

[00:02:31]You need your bosses to be happy and you need to be valuable to the company that you're working for. 

[00:02:39]Try to be as productive as possible. 

[00:02:42] You're going to want to be able to get as much done in as little time as possible, which I'll go more in depth on in a future step. 

[00:02:52]Second, you need to cut your financial needs. 

[00:02:56]Cut out any extra spending. Cut out any subscriptions that you don't need. 

[00:03:01] I realized today I have been paying for Apple Arcade for a while, and those games are really great. 

[00:03:08] There's some really, really awesome games on there, but I haven't touched any of them in at least a month. 

[00:03:15] So I canceled it. 

[00:03:16]That's another $15 per month going back into my bank account. 

[00:03:21]Another thing, my partner got me a coffee maker for my birthday. 

[00:03:25]It says it makes up to 12 cups of coffee at once, but they mean literal cups. 

[00:03:31] So really it makes about six coffee mugs of coffee, which is probably more than enough coffee for me to drink in one day. 

[00:03:39]So it's perfect. 

[00:03:42] And the best part it's way cheaper than the Keurig I was using before. 

[00:03:47] Those little pods get expensive and they're definitely not good for the environment either. 

[00:03:51] So I'm feeling a lot better using this new coffee maker. 

[00:03:55]With working from home since the whole COVID situation, I don't go to Starbucks near as much anymore. 

[00:04:03]I used to drive by a Starbucks on my way to the office every day. 

[00:04:08] It wasn't a problem unless I caught the bridge. 

[00:04:12] The Starbucks was right before a bridge that was between me and my office. 

[00:04:19]If the bridge went up, I would hang a left and go to Starbucks. 

[00:04:23]I don't have that temptation anymore. 

[00:04:26]In fact, because of the COVID situation, I haven't really been going anywhere. 

[00:04:31]At the point of recording this, my state is doing embarrassingly bad and I'm starting to be concerned about being in public. 

[00:04:39] So I've been trying to keep myself home as much as possible. 

[00:04:44] And that's helping save quite a bit of money. 

[00:04:47]So now the third step, this has to do with being productive in the first step that I mentioned. 

[00:04:53] The third step is to cut your hours. 

[00:04:56] I'm lucky enough to have a boss that's cool with this. 

[00:04:59]The trick is to make sure that you're still getting enough work done to keep the bosses satisfied. 

[00:05:07] After cutting my expenses I figured out that I could work 30 hours per week and still pay all my bills. 

[00:05:13]I'm not putting as much money into savings as I was before, on the other hand, this is getting me closer to where I really want to be in life. 

[00:05:22] It's given me quite a bit of extra time to focus on my overlap. 

[00:05:26]Again, this is not something Sean mentioned in the book but it is something that I have found is working for me so far. 

[00:05:35] He does say it's important to make sure that your day job covers 100% of your financial needs and that you're putting absolutely no financial stress on your overlap and I totally agree with this. 

[00:05:47] I am making sure that my day job and my overlap abide by that rule. 

[00:05:51]Something Sean mentioned in this chapter that I don't necessarily agree with is that your overlap and your day job can not have any sort of crossover. 

[00:06:01] He says that they need to be completely different. 

[00:06:05] I understand what he's saying and why, but I don't agree that's always the case. 

[00:06:11]Something he says about this is. 

[00:06:14]If you come home from your day job bursting at the seams with energy, for pursuing what you're passionate about, that's the right day job. The right day job will charge you for your passion. The wrong one will drain you and deplete the kind of energy you need. Are you coming home exhausted or are you coming home, charged up and excited to work on your side projects? That's how you know. 

[00:06:37]I can not agree with this more. 

[00:06:40] It has nothing to do with the industry that you're in. 

[00:06:42] It has nothing to do with what you're overlapping too. 

[00:06:44] What's important is are you charged or not? 

[00:06:48]I've known plenty of people who did a day job and overlapped to the same thing. 

[00:06:53] They did it successfully without issues. 

[00:06:56] I've done it myself in the past. 

[00:06:58] What's important is what he says in the quote, or are you coming home charged or not? 

[00:07:03]Regardless of industries or regardless of the tasks, if you're not coming home from your day job motivated to work on your overlap something has to change. 

[00:07:15] It might not necessarily be the day job itself, or maybe it is. Maybe you do need to get a new day job. 

[00:07:21]Right now I am recording this in the evening after my day job. 

[00:07:27]I don't really want to be working on this right now. 

[00:07:30] I'd really prefer to be playing video games or reading a book. 

[00:07:34] But I'm enjoying it while I do it. 

[00:07:37] It just took me a little bit to get started. 

[00:07:40] I just really didn't want to do it today. 

[00:07:42]But I have a totally different day job than my overlap for the most part. 

[00:07:47] Much of my day job is marketing and so much of making an overlap successful is marketing. 

[00:07:53] So those two things have quite a bit of crossover. 

[00:07:56]But the thing is I'm still motivated to do this and I'm still sitting here happily recording this episode because I'm motivated to succeed. 

[00:08:06] I love my day job, but I love helping people in need more. 

[00:08:12] I am going to become a privacy consultant and OSINT investigator. 

[00:08:16] I'm going to help find missing persons. 

[00:08:19] I'm going to help victims of abuse escape their abusers. 

[00:08:23] This is what drives me to record this podcast. 

[00:08:26] This is what drives me to write every day. 

[00:08:30]I am always charged. 

[00:08:32]If you're not charged by your day job try working on your overlap in the mornings before you go to the day job. 

[00:08:41] This is a little bit risky because if you use up all your energy in the morning, working on your overlap, and then you do a poor job at your day job, you'll probably lose your day job. And that's not what we want. 

[00:08:54]You don't want to get fired. 

[00:08:57] If you need to change day jobs, then you want to do that on your own terms. 

[00:09:00]My best personal piece of advice is to find ways to make your day job improve your life skills that will affect the success of your overlap. 

[00:09:12]There have been times in my life where the dislike for a job that I had was really a mindset problem, not the job itself. 

[00:09:20]I changed my mindset around that job and started thinking of it as a paid learning experience.

[00:09:28] I started finding ways to spend as much time at work practicing something that benefits me in my overlap. 

[00:09:37] Luckily for me, working in marketing and needing to be able to market my overlap, as long as I don't get exhausted and as long as I'm still coming home charged, I can do this. 

[00:09:49] I can put these two things together and what I'm learning on the job is helping my overlap. 

[00:09:55]You should try to figure out ways to do this too, regardless of whether you like your job or not, regardless of whether your job is related to your overlap or not. 

[00:10:04] If you want 100% follow Sean's guidance in this book and you quit your day job to get one that has absolutely no crossover with your overlap I still cannot recommend more the mindset of looking at your job as a paid learning experience. 

[00:10:20] Find ways to practice skills that you need to be successful in your overlap but at your day job. 

[00:10:29]I don't remember exactly which episode this was, but in one of our previous episodes when we were going through Jeff Goins' book, Real Artists Don't Starve we actually talked a little bit about that. 

[00:10:43]Bottom line, find ways to spend as much time at work practicing something that benefits your overlap. 

[00:10:50]And again, as Sean says, if you're not coming home charged to work on your overlap you probably need to get a new day job. 

[00:10:58]When you do find that good day job, don't let the golden handcuffs get you. 

[00:11:05] This is something that happens to a lot of people. 

[00:11:08] It might be happening to me right now. 

[00:11:10]I have a great day job. I know my job well. I'm productive. I'm happy. I like the people I work with. I like what I do every day. 

[00:11:20]I might not have the best benefits in the world, but I am happy with the benefits that I do have. 

[00:11:27] I'm concerned that I am now wearing golden handcuffs. 

[00:11:31]Realistically, I could do my current job for the rest of my life. 

[00:11:35]If I put my head down for the next 35 years and worked really hard and just kept getting better at the job, I would make the organization more money and that would mean I would make more money and essentially the salary cap for me would be directly related to however much money I can make the organization. 

[00:11:56]But I'm not in it for the money. 

[00:11:59] I mean, I am in the job for the money. But I'm not in life for the money. 

[00:12:05] Like I said earlier, I'm going to be a privacy consultant. I'm going to be an OSINT investigator. I'm going to help find missing persons. I'm going to help victims of abuse escape their abusers. 

[00:12:16] I can't settle for these golden handcuffs. 

[00:12:19] Because I want to help people in need. 

[00:12:23] That's what I want to spend my life doing. 

[00:12:25]You're listening to the No Alarms Club podcast. My name is Garrett. 

[00:12:30] If you enjoyed this podcast, I would greatly appreciate you sharing it with someone you know that you think would benefit from it, or just simply enjoy it. 

[00:12:40] I know that there are a ton of podcasts out there. 

[00:12:43] I personally have more podcasts in my podcast subscription app than I ever get around to listening to. 

[00:12:50] But I refuse to unsubscribe because one day I'm going to sit down and listen to them all. 

[00:12:55]So I really appreciate you taking any amount of time in your life to listen to this. 

[00:13:02] It's really humbling that every time I log into my podcast host dashboard, I see more and more listeners. 

[00:13:12] And I just want you to know that I really appreciate you. 

[00:13:15]Another thing you can do to help this podcast is to leave a review in whatever your favorite podcast player is. 

[00:13:23] The Apple Podcasts app is probably the most helpful, but honestly, any type of review, five stars, thumbs up, whatever it is you can do is going to be helpful in the algorithms that help other people discover us. 

[00:13:38]Thanks again for taking time out of your day to listen to this podcast. And I will see you in the next episode.