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Yeah I prefer talking about something and solve an issue on the spot than sending a mail and getting no response.Some will email before talking. Depends on the kind of person you are and how well you deal with confrontation of the issue.
Obviously they will be surprised (though maybe not) and they will ask you why you're leaving. They might also ask where you're going. They might also be annoyed depending on how their day/personal life is going and how you present the topic.
If you're happy answering those questions and dealing with a potential sad/annoyed face, then talking first is good.
If you're emotionally non-confrontational, then maybe do the email approach first so they can deal with that by themselves.
Do this.So you suggest I first call him to say I resign and then email formal?
I was thinking of doing this, but getting hold of him these days is very difficult.
I will work for myself. Nothing is guaranteed.Forget about Hollywood "I QUIT!" scenes and ensure that you have your next paycheck secured under contract before cancelling your current employment contract.
Now is not a time to be at sea in the job market.
I will work for myself. Nothing is guaranteed.
You could not choose a worse time for such an endeavour my friend. There isn't a business in the country looking for consultants now. Massive projects are cancelled left and right and big firms are cutting costs everywhere in an effort to avoid retrenchments, few are succeeding. This is not an economy for lone wolves.
Plenty of things are guaranteed, the fact that you will regret this is almost certainly one of them. If you are planning to start a business then doing so with a 'build it they will come' approach is risky to the point of stupidity under normal circumstances. Under the current circumstances, well... you're not stupid, think it over.
A business plan (that has a chance and would attract investors) looks something like this: "I am going to sell bottles of Acme Widget. I have buyers lined up as well as a network of new buyers to market to. I have suppliers who are willing to sell bottles of Acme Widget to me for x% under what my buyers are willing to pay and my running costs are y% of that margin."
If your plan is not at the very least up to that level then forget this foolishness of resigning until such time as you have a plan.
"Nothing is guaranteed" is a dream, banks don't give you money for those.
Swallow your pride and knuckle under. You have a job, the economy is about to absolutely fscking schit the bed. Knuckle. Under.
BTW: I have started three businesses. One succeeded. Twice I lost everything but the shirt on my back.
I've never done a single days job for South Africa, and I am not planning to soon. One of the Reason why I have been stuck with this company for over a decade.
P.S. I am not doing it blindly. It is not a "light" decision. It is a risk though, but a risk I am willing to take.
Your input is very negative...... and that is good.The 'weight' of your decision is a subjective experience.
x bottles of x for y at a cost of z. That is a business plan.
You don't have to take my advice of course. I learned a lot from each failure, you can learn from mine or make the same mistakes, you will learn, it's up to you. There isn't a right vs wrong per se. There is just 'expensive' vs 'smart.' Learning lessons yourself is very expensive.
Sounds like you are up for it though and I hope it all works out. I agree strongly with you that working for yourself is the only way to create true wealth, I'm just pointing out to you (having been there several times) that it is much harder than you are probably even able to imagine.
Your input is very negative...... and that is good.
There is a lot I have to think about. I have been working two jobs since the beginning of the year. 15-18 hours a day. Sleeping 4-6 hours at night.
One being my regular income referred to in this thread, lets call it my day job but actually working ridiculous hours for a ridiculous salary with ridiculous expectations.
So far I have received double my income from the second job every month (paid in dollars). But due to lockdown and two massive emergencies the money went straight to my family and my wife that had to stop working this month. But I didn't have to make any debt.
I have one full time employee as I needed more hands, but just not enough to sustain my income with the loss of lockdowns impact on family, wifes work (house hold income halved) and two massive financial emergencies (savings emptied).
But work for next month is not guaranteed, I don't think it ever will, but that is why I am waiting for one or two more clients and 2 bigish projects to be approved, that will cover my income for at least 6 months.
But I can't continue to work like this. I need sleep. And I didn't want to talk about the negative things about my current job, but it is getting worse and I had enough.
Yeah, I have been thinking about this and the stuff you mentioned. But if I don't risk going on fulltime I will need to employ another employee. So then I will definitely be stuck where I am for a while again. I am just not sure if it is worth it (working two jobs). I rather invest the hours and time building the business and looking for more.The Hustle is real!
I would continue to burn both ends of the candle until such time as the offshore opportunity becomes an absolute no brainer. AN ABSOLUTE NO BRAINER.
People in the startup world fetishize risk, it's not healthy. Just make a rational plan. On a spreadsheet. That covers at least the first two years of business. 6 months runway is a what most people in business would call a crisis, you're talking about starting out there.
Also: you will not get more sleep starting your own business pal. BAnk on half of what you are getting now, maybe less. But that's only if you want it bad enough. Most people shy away from this and their business slowly deflates while the runway runs out. MOst people don't own their own businesses. Don't be most people.
I don't intend to come off as negative, I just cannot adequately express to you how very, very hard it is. It's hard af.
Lol, Yeah. I printed the threads and stick them against my wall.Oh and don't fsckup the calendar month thing as many do...
See posts above. It is not for SA market. But yes, internationally it is also a problem. But I am also making use of the opportunity.Definitely second the responses saying never burn the bridge. Polite short email is fine followed by a discussion if he wants it. Just tell him you have always wanted to start something of your own and you now wish to do it.
Just a thought though, the SA economy is seriously contracting and now may not be the best time to start the business. Could you not start spinning it up for say 6 months and quit once you have tested the water a bit? The job market is brutal right now.
The date, then “Herewith notice of my resignation. In accordance with my letter of appointment my notice period is ‘days’, my last working day will be ‘date’”, then sign, or send the email.
If you have intentions of trying to maintain some form of relationship after leaving, a phone call followed by the letter and email is a good idea.
Not the time to air the dirty laundry, it is in the past, move on and focus on the future.