What if Quitting Your Business Is the Best Decision You'll Ever Make?

Article | Business and Career

The entrepreneurial dream often begins with visions of boundless success: champagne flowing, multi-million dollar deals sealed with a golden pen. But the reality for many, even after years of relentless effort, is far from that shimmering fantasy. It’s the grind, the cheap debt, the persistent feeling that the big breakthrough is always just around the corner, yet never arrives. It can feel like a personal failing, but what if the most strategic, powerful move isn’t to push harder, but to pivot?

Some might scoff at the idea of "getting a job." It feels like admitting defeat. But this isn't about working for an uncle or settling for less. Have you seen the compensation for top managers in major corporations? A structured career path can offer financial rewards equal to or even greater than a fledgling business, often without the soul-crushing weight of total responsibility. It’s not always about the money, of course, but about finding a new kind of stability and comfort. It’s about choosing your battlefield. Here’s how to approach the search not as a step down, but as a calculated advance.

First, A Sobering Self-Assessment

Before you do anything, you must understand your current position with brutal honesty. How much runway do you have? Are your savings enough for a week, a month, or six months? Your answer dictates your strategy.

If the financial pressure is immediate and intense, you don’t have the luxury of being selective. The goal is to solve the money problem, fast. Take a suitable offer that comes your way, and don’t despair. This is a temporary tactical move, a bridge to get you to your next objective.

If, however, you have a financial cushion—perhaps from selling your previous venture—you can afford to be a strategist. Your goal is different: you’re looking to build a career, gain new benefits, and climb a ladder. This requires patience, careful selection of companies, and a long-term perspective. A friend, inspired by the prospect of comprehensive dental insurance paid for by an employer, found himself in this exact spot. With money from his sold business, he dove in, sending his generic resume to every plausible opening. He waited. Nothing happened. That’s not how the game is played.

Crafting Your Story: The Resume and Cover Letter

A recruiter spends, on average, about ten seconds on the initial scan of a resume. In those ten seconds, you must prove you are the perfect solution to their problem.

  • Tailor Everything. Your resume must be a direct response to the specific job opening. First, the title on your resume should match the title of the role. If they’re hiring a “Sales Manager,” they expect to see resumes from candidates identifying as a “Sales Manager,” not a “Business Founder” or “Creator.”
  • Mirror Their Needs. Scrutinize the job requirements. Go through your own experience and find the exact skills and qualifications they’re asking for. Then, make those points prominent in your resume. You are sculpting yourself into their ideal candidate on paper.
  • Show, Don’t Tell. Don’t just list your duties; showcase your achievements. Instead of writing, “Sold storage units,” write, “Exceeded the sales plan for storage units by 200%.” Quantifiable results are always more powerful than a list of responsibilities. Keep it concise. No one needs to read a novel about your entire work history.

Once your resume is perfected, don’t send it. Not yet. You must write a cover letter. This is non-negotiable. The cover letter is your chance to connect the dots for the employer. Explain what specifically about their vacancy caught your eye. Highlight your most compelling qualifications—your “killer features”—that are directly relevant to the position. This is your opportunity to show you’ve done your research and you’re not just spamming applications. You’re signaling that this particular role is the one you’ve been waiting for.

The Main Event: Navigating the Interview

An invitation to interview means you’ve successfully passed the first filter. Now, you prepare for a real conversation.

  1. Do Your Homework. Learn everything you can about the company: its mission, its recent successes, its challenges. A candidate who is ignorant about the company they want to join immediately signals a lack of genuine interest.
  2. Prepare Your Narrative. You will almost certainly be asked, “Tell me about yourself.” This is not an invitation to ramble. Prepare a focused, compelling story that lasts no more than two to three minutes. It should cover your relevant experience and key achievements. You can even frame how a seemingly unrelated background is a unique strength. "Yes, my experience was in a morgue, which means I have no problem with night shifts in an empty warehouse."
  3. Anticipate the Tough Questions. Look at your resume through the eyes of a skeptic. Where are the weak spots? A two-year gap in employment? The fact that you closed your own business to seek a job? Prepare honest, confident, and adequate explanations for these points. They will be asked.
  4. Discussing Compensation. The conversation about money is often the most dreaded, but it’s a negotiation you must prepare for. First, research the market rate for the role. Look at similar job postings and talk to people in the industry to understand what someone with your skills and responsibilities typically earns. Then, determine your numbers: the absolute minimum you’re willing to accept, your comfortable target salary, and your ideal maximum. This framework gives you a clear strategy for negotiation. Remember, companies are often willing to pay more for a candidate who is a perfect fit or possesses a rare combination of skills. If they need a manager with experience serving retirees and quadriplegics, and that’s precisely your background, you have leverage. Don’t be afraid to ask for more.

The Final Hurdles: The Test and The Wait

If the interview goes well, you may be given a test assignment. Approach it with care. Read the instructions meticulously; simple inattention derails countless candidates. Don’t be afraid to ask clarifying questions. Be realistic about the time it will take and communicate your deadline clearly. An inability to meet deadlines is a major red flag. Finally, present your work professionally. Format the document, check for typos, and give the file a sensible name—not “Damn_test_final_v2_final.”

Remember, an interview is a two-way street. They are evaluating you, but you are also evaluating them. You have the power to choose, too.

If you don’t get the job, don’t let it crush you. There could be a million reasons, many of which have nothing to do with you. It’s not the last company in the world. However, if you feel a deep connection to the role and the company, you can choose to be persistent. You can wait for another opportunity or network with a current employee who might recommend you for a different position. Rejection is part of the process. I was rejected several times before I finally landed a position. But even after the offer comes, don’t relax completely. The probationary period is the next challenge to conquer.

References

  • Bolles, Richard N. What Color Is Your Parachute? 2024: Your Guide to a Lifetime of Meaningful Work and Career Success. Ten Speed Press, 2023.

    This classic job-hunting guide reinforces the article's core advice on self-assessment and strategic job searching. The book's famous "Flower Exercise" (see Part 2) provides a structured method for inventorying one's skills, interests, and values, which aligns with the article's emphasis on understanding your needs and tailoring your application to find a role that is a true fit, rather than just any job.

  • Voss, Chris, with Tahl Raz. Never Split the Difference: Negotiating As If Your Life Depended On It. HarperBusiness, 2016.

    This book offers powerful, field-tested negotiation strategies that directly apply to the article's section on salary negotiation. The concepts of establishing a target range, using precise numbers, and understanding your counterpart's perspective (Chapter 9, "Bargain Hard") provide a practical framework for the "frightening conversation about money," empowering the job seeker to negotiate from a position of strength and preparation.