Why I Quit My Job to Go Self-Employed

January 9, 2017

Why I Quit My Job…Even Though I Said I Could Never Be Self-Employed

I’m Jessica and I’m a money expert, speaker, Accredited Financial Counsellor Canada®, host of the More Money Podcast, and am currently writing my first book with HarperCollins Canada (2025).
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Here’s something I never thought I’d write — why I quit my job.

So…ya. I’ve been keeping some pretty crazy news from you for the past two months. This November, I made the bittersweet decision to leave my job.

I say bittersweet because that’s exactly how it felt. I quit because I knew it was the best decision for my career, my happiness, and my future. But that doesn’t mean it was an easy decision by any means. It was absolutely one of the hardest decisions I’ve ever met, right up there with moving to a new city over 3 years ago.

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What made it even harder was that this decision was not premeditated. 2016 was a game-changing year in terms of my side business, but I thought I had about a year left at my 9 to 5 before I took the plunge into self-employment. But I think I told myself one more year because I was terrified of becoming self-employed.

Why I Never Thought Self-Employment Was for Me

If you remember my podcast episode with my husband, then you’ll know that I never thought I’d become self-employed. He’s been self-employed for a decade now and I’ve been there for all the ups and downs. I know working for yourself and starting your own business is not easy, and that’s why I think I was always afraid to do it.

My biggest fear is failure, and there was no risk of that when I just kept my side business as something I did on my off hours. It didn’t matter how much money I made. I was just having fun and wanted to see how far I could take it.

Then a few months ago I realized something. There was just no way I could continue living life as it was.

What Made Me Change My Mind

My side business had turned into a full-time business that I would spend every night and weekend on. My schedule was so packed, that I literally had to set a reminder on my phone to go to bed. I was exhausted all the time, not getting enough sleep, and not paying attention to my health or fitness, and it was putting a strain on my relationships. I write and preach about adding more balance to your life, but I had zero on my own!

So I took a good look at my two jobs and told myself I needed to choose one or the other. And after a lot of careful thought, I realized that if I really wanted to pursue my dreams and not live with any regrets, I had to choose to be my own boss.

This past Friday was my last day actually. It was weird because I’d given two months’ notice to make it an easy transition (and to make a few extra paycheques), so I feel like I’ve been saying goodbye to people since early November.

But I said my final goodbye last week, and this week is the start of my journey as a true entrepreneur.

What’s funny about me writing that last sentence is that a week before I handed in my notice, I read a line from Gary Vaynerchuk’s book #AskGaryVee that said you can’t be a true entrepreneur with a full-time job. I didn’t even finish the book (still haven’t), I just read the first chapter! But that line was the answer I was looking for. It was confirmation that even though quitting my job was a big risk if I wanted to have my own business, it’s what I had to do.

And I knew that at a certain point I’d have to do it, but I just thought I had a bit more time. I wanted to see if I could match my side business income to my full-time income first, or just save a bit more money.

But looking back at the past year, I know in my gut that the timing is right. And once I made the decision to quit and handed in my notice, I wasn’t worried anymore. I felt at peace. Like a wave of relief washed over me.

So What Does My New Journey into Entrepreneurship Look Like?

So you might be wondering what my plans are for my business now that I’m doing this thing full-time. Well, it’s three-fold right now.

First, continue with the blog, podcast, YouTube channel, and brand. It’s what’s allowed me to afford to leave my day job, and it’ll help me pay the bills until my other projects take off.

The other two projects I’ve got in the works are a money coaching service and an online fitness and finance course that I’ll be launching with my business partner Jaclyn Phillips.

I really did want to make a YouTube video to announce this big news, but as fate would have it as soon as I got home from my last day of work I got sick and lost my voice. But I did luckily record a podcast episode before that which will go up this Thursday (make sure to subscribe on iTunes or SoundCloud so you don’t miss it!).

That’s all I’ve got to say for now, but I’ll be documenting everything right here because I’m sure it will be quite the ride.

Disclosure: Nothing on my website or affiliated channels should be considered advice or an endorsement, and some content may include affiliate links in which I may earn a commission at no extra cost to you. Please read my disclaimer to learn more.

add a comment

  1. This is exciting news! I’ve often wondered how bloggers like you manage to work full time AND dedicate so much time to your blog, etc. I knew it couldn’t be easy!
    Best of luck!

  2. Congrats! I’ve totally been there! You’ll do great.

  3. TJ says:

    Congrats on the exciting change, Jessica!

  4. So unbelievably pumped for you, Jessica! I have no doubt you will kill it.

  5. I don’t have any advice…but I have a ton of respect and congratulations for you! That’s fantastic. What a leap and what a wonderful outcome it will have. I cannot wait to hear all about it! Kudos, props, congrats, YAY!

  6. Christine says:

    YES GIRL!!! It’s a scary jump but I know you got this. Congrats!

  7. This is AWESOME! Congrats girl. When you free up the space in your life, it’s amazing how much rushes in!

  8. Michelle says:

    How exciting!! You’re going to rock this. Can’t wait to hear more and support you on it.

  9. So many congrats, hugs, and high-fives! (are those still a thing? okay, fist-bumps with the jellyfish flourish?)
    I’m super-excited for you and will enjoy following along on your journey.

  10. Congrats Jessica! This is such an amazing way to start the year. You had a crazy fantastic 2016 and it looks like 2017 is going to be just as fast-paced. Hope I get to meet up with you again at some point this year. 😀

  11. Grayson says:

    Congrats on making the leap. That was one of my hardest decisions as well (I left in November of 2015). I was living with very little sleep and running my side business as a full-time business and then there was just a breaking point. I couldn’t take it anymore and my wife asked me what I was doing it all for if not to run the business full-time. She was right.

    • Jessica Moorhouse says:

      Yup, that’s exactly what happened to me. Glad to see you’re doing so good now, hope I can do the same!

  12. The BEST news I’ve read all morning.

  13. Janine says:

    Congrats Jessica, fantastic news, I’m cheering for you!

  14. Nicci says:

    Scary but exciting! Like risking the catch on a flying trapeze, with the safety net removed. You just have to think to yourself that you’ve been doing this already for so long… it’s all there. Now you have more breathing space. My advice is to “walk to work” (round the block) or schedule a lunch to avoid cell-block apartment syndrome.

  15. Congratulations gf!!! I’m cheering for you!!

  16. Ms. Montana says:

    Congrats! I’m so excited to see how 2017 unfolds for you! It will get fun to follow along. 🙂

  17. Hey Jess,
    Congrats on the house and quitting your job to do what you love. Sounds like much is happening in your world. I agree.. the cost of houses in T.O aren’t almost a million, they are a million.
    Best of luck… I’m sure you’ll do awesome!! Anything I can help with let me know.

  18. Ty says:

    Best of luck to you, Jessica! I’ll be cheering you on from afar.

  19. Congrats on the departure! It’s definitely scary to go out on one’s own, but I think you’ll find that with our type of business, there’s a GREAT correlation with effort and reward. That’s all one can ever ask for right?

    Keep on grinding! And good luck!


    • Jessica Moorhouse says:

      Thanks so much! It’s for sure scary, but also, I feel like what do I have to lose? If it doesn’t work out, I can always get another job. But if I didn’t try now, I think I’d regret that even more.

  20. Jessica Moorhouse says:

    Thanks Vicki!

  21. That’s awesome, Jessica! Two full-time jobs is no way to live.

    As much as I enjoy writing and promoting, I find myself having less and less free time for everything else — and reclaiming my time is a primary motivation for considering an early retirement. It can be quite a conundrum

    Best of luck in your solo ventures!

  22. Sean Cooper, Author of Burn Your Mortgage says:

    Jessica, congrats on your decision to go “all in.” I may decide to follow in your footsteps, depending on how my book does. The sad reality is I’m working even more hours now than when I was side hustling to pay off my mortgage in 3 years – ugh! I want to enjoy life more.
    You’re right, it’s all about balance. Kudos to you for realizing it soon enough. Best of luck! Keep killing it!

  23. Kate says:

    Congratulations! Wishing you all the best on this new and exciting adventure!

    Kate | http://www.petiteadventures.org/

  24. You are such an inspiration! Keep on keeping on, girl.

  25. Amelia Mandeville says:

    Congrats!! Good luck with you and this new blogging journey!


  26. This. is. exactly. what. happened. to. me.

    It was one or the other – if not, the white coats would have come shortly to cart me away…

    But … add kids to the mix and a spouse who knew nothing of the demands of entrepreneurship at the time.

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