Editor’s Note: Back in March, we published an essay from our longtime friend, best-selling author, and “serial entrepreneur,” James Altucher. He spoke about the changing face of corporate America, and how it is time to get out. Today, James follows up with 10 more reasons you should quit your job, right now.

  10 More Reasons You Need to Quit Your Job Right Now!

Mark Ford

From James Altucher, editor, The Altucher Report: The other day, I met a guy who had worked for 38 years at GM. He wasn’t in the union, and he wasn’t a high-level executive. So, consequently, when the rock of corporate safety in America over the past century went bankrupt, he got nothing.

No pension, no insurance, no savings.

The unions got their money. The high-level execs got their golden parachutes. The 30,000 in the middle got nothing.

“I thought [I] was safe,” he told me. “I thought nothing could touch me.”

The American religion wants you to believe that corporate safety is here, that it’s going to protect you and your white picket fence and your framed college degree.

But that’s a lie.

The government doesn’t care about you. Your bosses don’t care about you. And when the desert rises up to claim you back into its dust, you’ll disappear, and nobody will wonder about your accomplishments and the things you are most proud of.

Even when I had the best job ever—the job that was the best time in my life—I still had to consider: How am I going to escape this?

Most people need to begin their exit strategy RIGHT NOW:

So, here are the 10 reasons you need to quit your job right now. And below that, I have the methods for doing so.

  1. Safety. We used to think you get a corporate job, you rise up, you get promoted, maybe you move horizontally to another division or a similar company, you get promoted again, and, eventually, you retire with enough savings in your IRA. That’s all gone. That myth disappeared in 2008. It really never existed, but now we know it’s a myth. Corporate CEOs kept their billion-dollar salaries and laid off about 20 million people and sent the jobs to China. Fine, don’t complain or blame other people. But your job is not safe.
  2. Home. Everyone thinks they need a safe job so they can save up to buy a home and qualify for a mortgage. Mortgage lenders at the banks like people who are like them—other people locked in cubicle prison. Well, now you don’t need to worry about that. Here’s why you should never own a home in the first place. Save yourself the stress.
  3. College. Everyone thinks they need to save up to send their kids to college. Depending on how many kids you have and where you want them to go to college, it could cost millions. Well, now we know you don’t need to send your kids to college. So, you don’t need to stress about that money anymore.
  4. Your boss. Most people don’t like their bosses. It’s like any relationship. Most of the time, you get into a relationship for the wrong reasons. Eventually, you’re unhappy. And if you don’t get out, you become miserable and scarred for life.
  5. Your coworkers. See above.
  6. Fear. We have such a high unemployment rate, people are afraid if they leave the job they are miserable at, they won’t be able to get another job. This is true if you walk into your boss’s office and pee on his desk and get fired. But it’s not true if you prepare well. More on that in a bit.
  7. The work. Most people don’t like the work they do. They spend four years going to college, another few years in graduate school, and then they think they have to use that law degree, business degree, or architecture degree. And then, guess what? They hate it. But they don’t want to admit it. They feel guilty. They are in debt. No problem. Read on.
  8. Bad things happen. All the stuff I mention in the post “10 Reasons You Need to Quit Your Job” starts to happen. And it gets worse and worse. You don’t want to look back at your life and say, “Man, those were the worst 45 years of my life.” That wouldn’t feel good.
  9. The economy is about to boom. I don’t care if you believe this or not. Stop reading the newspaper so much. The newspapers are trying to scare you. Bernanke just printed up a trillion dollars and airlifted it onto the U.S. economy. Who is going to scoop that up? You in your cubicle? Think again.
  10. Your job has clamped your creativity. You do the same thing every day. You want to be jolted, refreshed, rejuvenated.

Note: Some people love their jobs. This is not for them. It’s for the 90% who don’t.

So, you may say: I still need to support myself. I still need to support my family. I can’t just walk into my boss’s office and quit.

Good point. You need to prepare. It’s like training for the Olympics. If you feel now is the time to move on from your job, you need to be ready. Physically, emotionally (don’t quit your job and get divorced on the same day, for instance), mentally (get your idea muscle in shape), and spiritually ready.

The posts that will help you quit your job. To quit, follow the ideas in the first post, at least:

The third link above is not about starting a business. It’s about finding what your frontier is, how to explore it, and how to test the waters and move beyond it. I’m not saying I can do this. I’ve hit my boundary so many times and bounced off that I have six broken noses to show for it.

Some notes on this post:

Note No. 1: I get a lot of criticisms from anonymous people on Yahoo message boards. Claudia begs me, “Don’t look at the message boards unless you talk to me first.” Because she knows I’m an addict. I tell her, “Okay,” but I know I’m going to look. Because that’s what addicts do.

Note No. 2: Sometimes, people criticize the “list” format in these posts. “Ten reasons” for this. “Ten reasons” for that. About 20% of my posts are lists. Not so much. Read “The Power of Hypnosis” or “The Tooth” for two recent non-list posts. And Charlton Heston clearly didn’t mind lists when he came down from Mount Sinai with “The 10 Commandments”—the very first blog post. Thirty-five hundred years later, and still getting clicks.

Mark

(The first blogger.) Source: www.jamesaltucher.com

I don’t mind when people critique me when they’ve lost, quit, or been fired from as many jobs as I have. Or lost a home. Tried to raise two kids with almost nothing. Been as desperately unhappy as I’ve sometimes been.

This doesn’t qualify me for anything, of course. Maybe it disqualifies me. Who cares? A lot of people have had it much worse. And I’ve been very blessed, as well.

Sometimes, you can build back up. And sometimes, you just think, “How the hell did this happen to me again?”

You can criticize me on Yahoo message boards. You can critique lists if you think you have some better way of helping people.

My goal in these posts is to help people think maybe, for a split second, they can reduce some stress in their lives. They don’t have to go through what I went through. They can throw themselves into experiences, and still come back alive. And, at the end of the day, they can use some of these ideas to live a better and more fulfilling life. I’ve had that experience, and I like to write about it.

Later tonight, I’m going to give my two daughters, 9 and 12 years old, two choices—and ONLY two choices. Either they watch Star Wars with me, or they watch Schindlers List. And if they don’t like either choice, then maybe I’ll just sit by the TV with some ice cream and watch all by myself.

Reeves’ Note: James notes the defining difference between the rich and everyone else: Wealthy people own valuable assets that kick off multiple income streams. The middle class and the poor rely on only salaries. You’ll never achieve lasting wealth if you don’t learn to adopt a “rich” mentality. In his latest book, James reveals simple ways to start a business… find a retirement career… publish a book… make extra money in your spare time… and more. These are the routes to wealth the rich employ. Click here to learn more about them.