Transitions

by Jay on February 5, 2011

I mentioned in my last post, a couple weeks ago, that I was considering leaving my job. I have finally made my decision, and will be leaving at the end of February. I can’t describe what a burden lifts off of my shoulders with this decision. I started Midlife Beginnings three years ago, when I was also thinking about leaving my job. Then the mortgage crisis and stock market panic hit full-tilt and I figured it would be safer to keep working for the man until things settled down. I was again ready to pull the trigger on the job last Winter, but found a condo that I wanted to buy. Now I own the condo and have built up my financial reserves a bit.

I’m also on the verge of completing a project that will “commoditize” what I do, and make it easy to train others to take my place. The resulting system goes live next weekend. I plan to give my notice on the following Monday. It was all I could do to keep my mouth shut over the past week, but timing is everything, and it won’t help with my co-workers’ moral at this critical stage for me to announce that I’m leaving.

I plan to submit my resignation next Monday, and will give my boss two weeks. I’m negotiable to three weeks but no more, which means I’ll be out of there by late February / early March.

I’m not worried about getting by on my internet business. Sales are picking up more and more each month, and I’ve been able to source more and more inventory. I’ve been working 60-80 hours per week at my day job for the past year, so having this extra time to apply to my business will only help me grow it.

I am feeling oddly nervous about giving my notice though. I have been with this company for eleven years. I have a lot of contacts there. I have a lot of knowledge about how the company’s systems work. The company will lose some institutional knowledge when I walk out the door. But this isn’t my problem. I work for an investment bank, and it has become harder and harder to maintain a decent work/life balance. No matter how many hours I put into the job, it never feels like enough. And over the last three years, my salary has not kept up with the amount of work that I have been given. This year, my bonus was $3,000 – not enough to compensate for 80 hour weeks. My boss said to consider myself lucky – most people in my department didn’t get bonuses at all – but I don’t compare myself to what others get, I compare myself to my own standards and expectations. I can do better than this job.

Transitions are never easy, and perhaps this is why I feel a bit nervous. Also, I’ve never been one to rock the boat. But I do know when it’s time to leave. It’s time to leave now.

I look forward to growing my business. I look forward to having time to see friends and family. I look forward to spending time with my partner. It’s been a hellish year. And it’s finally coming to a close. Midlife beginnings — I look forward to writing about this.

{ 1 comment… read it below or add one }

Paul February 6, 2011 at 1:50 pm

All the best with the change. You deserve a better work/life balance. No matter what, I’m sure it will work out in the end.

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