10 Reasons Why You Have To Quit Your Job This Year
by James Altucher: How
Not To Pay for Your Student Loans
This was going
to end badly. I would play chess all day in my office with the door
locked. My boss would knock on the door and I would put my headphones
on and ignore him. People would complain that the software I wrote
didnt work. My boss would say, where were you yesterday
and I would say, it was a Jewish holiday even though
there was none and he would say, well
tell us next time
if you leave. It was bad behavior. I was a slave trying to
escape but I didnt know how. I wanted to start a business
but I didnt know what. I wanted to create something but I
would play games all day, burning up the fuel in my brain.
make money without selling something real. You cant make something
real without first imagination manifesting itself in your head.
You cant have imagination without surrendering yourself to
an idea that you want to create something of value to other human
And now its
too late. Now the course of history has finally written its
next chapter. Theres no more bullshit. Im going to tell
you why you have to quit your job. Why you need to get the ideas
moving. Why you need to build a foundation for your life or soon
you will have no roof.
1) The middle
class is dead. A few weeks ago I visited a friend of mine who
manages a trillion dollars. No joke. A trillion. If I told you the
name of the family he worked for you would say, they have
a trillion? Really? But thats what happens when ten
million dollars compounds at 2% over 200 years.
He said, look
out the windows. We looked out at all the office buildings
around us. What do you see? he said. I dont
know. Theyre empty! All the cubicles are empty.
The middle class is being hollowed out. And I took a closer
look. Entire floors were dark. Or there were floors with one or
two cubicles but the rest empty. Its all outsourced
or technology has taken over for the paper shufflers, he said.
the news is bad, he said. More people entered the upper
class than ever last year. But, he said, more people are temp
staffers than ever.
the new paradigm. The middle class has died. The American Dream
never really existed. It was a marketing scam.
And it was.
The biggest provider of mortgages for the past 50 years, Fannie
Mae, had as their slogan, We make the American Dream come
true. It was just a marketing slogan all along. How many times
have I cried because of a marketing slogan. And then they ruined
been replaced. Technology, outsourcing, a growing temp staffing
industry, productivity efficiencies, have all replaced the middle
class. The working class. Most jobs that existed 20 years ago arent
needed now. Maybe they never were needed. The entire first decade
of this century was spent with CEOs in their Park Avenue clubs crying
through their cigars, how are we going to fire all this dead
weight?. 2008 finally gave them the chance. It was the
economy! they said. The country has been out of a recession
since 2009. Four years now. But the jobs have not come back. I asked
many of these CEOS: did you just use that as an excuse to fire people,
and they would wink and say, lets just leave it at that.
the board of directors of a temp staffing company with $600 million
in revenues. I can see it happening across every sector of the economy.
Everyone is getting fired. Everyone is toilet paper now.
dont like you. The executive editor of a major news publication
took me out to lunch to get advice on how to expand their website
traffic. But before I could talk he started complaining to me: our
top writers keep putting their twitter names in their posts and
then when they get more followers they start asking for raises.
the problem? I said. Dont you want writers that
are popular and well-respected?
When I say
a major news publication I am talking MAJOR.
He said, no,
we want to be about the news. We dont want anyone to be an
In other words,
his main job was to destroy the career aspirations of his most talented
people, the people who swore their loyalty to him, the people who
worked 90 hours a week for him. If they only worked 30 hours a week
and were slightly more mediocre he wouldve been happy. But
he doesnt like you. He wants to you stay in the hole and he
will throw you a meal every once in awhile in exchange for your
excrement. If anyone is a reporter out there and wants to message
me privately I will tell you who it was. But basically, its
all of your bosses. Every single one of them.
is not happiness. A common question during my Twitter Q&A,
asked at least once a week, is should I take the job I like
or should I take the job that pays more money.
aside the question of should I take a job at all, lets
talk about money for a second. First, the science: studies show
that an increase in salary only offers marginal to zero increase
in happiness above a certain level. Why is this? Because
the basic fact: people spend what they make. If your salary increases
$5,000 you spend an extra $2000 on features for your car, you have
an affair, you buy a new computer, a better couch, a bigger TV,
and then you ask, where did all the money go? Even though
you needed none of the above now you need one more thing: another
increase in your salary, so back to the corporate casino for one
more try at the salary roulette wheel. I have never once seen anyone
save the increase in their salary.
In other words,
dont stay at the job for safe salary increases over time.
That will never get you where you want freedom from financial
worry. Only free time, imagination, creativity, and an ability to
disappear will help you deliver value that nobody ever delivered
before in the history of mankind.
right now how many people can make a major decision that can ruin
your life. I dont like it when one person can make or
break me. A boss. A publisher. A TV producer. A buyer of my company.
At any one point Ive had to kiss ass to all of the above.
I hate it. I will never do it again.
The way to
avoid this is to diversify the things you are working on so no one
person or customer or boss or client can make a decision that could
make you rich or destroy you or fulfill your lifes dreams
or crush them. I understand it cant happen in a day. Start
planning now how to create your own destiny instead of allowing
people who dont like you to control your destiny. When you
do this count, make sure the number comes to over 20. Then when
you spin the wheel the odds are on your side that a winning number
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© 2013 The
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