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GUEST POST: 10 reasons why I have no regrets about taking redundancy

[Note from Rob: Right guys. Time to mobilise. Together we’re going to get escapee Mark on the Round the World Clipper Race. All we need to do is vote.

He is on 867 votes, the leader is on 1696 votes… but he only needs to make top 5 to make it to the finals (or 1207 votes) – it’s possible!

PS. Sorry for no post on Mon and Tues – norovirus hit me for six!]

Over to Mark…

Redundancy can be an ugly word. With connotations of negative emotions from despair to anger via uncertainty, it is something that most people want to avoid. Yet with the global economy the way it is, it is becoming more common. I know, because I joined the voluntary redundancy ranks just over two months ago.

I have decided to try and take a proactive approach towards it; to embrace and make it as positive as it can possibly be. So far, no regrets. Here’s why…

1. It broke me free from drifting through corporate life.

On one hand, not having a job is scary. On the other hand, having a job that I’m not passionate about for the next 15 years is worse. Voluntary redundancy offered me an escape. Is it easy to make this escape? No, but it does feel as though I’m doing the ‘right’ thing.

(Though it may be different if you ask me again in 6 months, if I still don’t have an income…!)

2. Redundancy has encouraged me to embrace new opportunities

Since taking redundancy, I have passed an exam as a ski instructor, begun to set up my own business, I’m about to cycle from Canada to Mexico and hopefully (if you could please vote for me here) I may be sailing in a yacht race from Australia to China. I am attending events (thanks to Escape the City and General Assembly), meeting new people and opening my mind to many new possibilities.

3. Redundancy has made me think about how I want to spend my time

If I hadn’t have taken redundancy, in the last 60 days I’d have worked on 56 spreadsheets, made 8 financial forecasts and would have spent over 120 hours commuting. Instead, I am now pursuing my dreams, even if it means I have little disposable income for drinking/eating out.

4. Taking redundancy is a big risk. But this guy thinks taking risks is a key to succeeding and he’s managing.

http://www.virgin.com/richard-branson/blog/take-risks

5. It’s released me from searching only for corporate jobs

Like many others, after university I focused solely on getting a ‘solid’ corporate job. I have no regrets having done this and thoroughly enjoyed my time at P&G. However, I am now ready to look at other options as well. With help from sites such as Escape the City, I am looking at totally new roles. For example, in a couple of weeks time I am meeting a Canadian about starting a tea importing business?!

6. I can get out of bed at 9am if I want to

And I do want to.

7. I will have more than 25 days ‘holiday’ this year

I love adventures. Unfortunately, many of the adventures I’ve always wanted to complete require more time off than my entire previous annual holiday allowance. Try telling your girlfriend you can’t go on holiday with her because you’ve decided to cycle across America. Redundancy has created this ‘natural’ break to complete longer adventures before returning to full time work/my girlfriend.

8. It has given me the time to pursue my out of work interests

I’ve read more books than I had in the last few years and I’ve learnt how to make my own website (a long held ambition): www.theendofthebeginning.co.uk

9. It enabled me to enter a competition of a lifetime…

I have come across several incredible travelling competitions online (mostly through the Escape the City twitter / email updates) including one to win a place on the Clipper Race from Australia to China. I am currently in 7th place out of 207 applicants to win. Please help make my dream come true by voting here! Fortunately, I am now available for the three months off it requires…

10. I won’t regret taking a chance. If it all fails, at least I will have tried.

Yes, taking redundancy is a risk. Yes, it may turn out to be an awful decision. But if I didn’t take this chance now to follow my ambitions, to try and achieve something beyond another promotion, then I think I would have regretted it forever. If pursuing my travel and business goals fail, then I will be able to return to work in the knowledge that I tried.

I’ve made my escape, now I’m on the run.

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PLEASE VOTE FOR MARK – it takes 10 seconds – click here.

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If you want to receive Escape the City blog posts directly into your inbox just click here. We write about leaving big corporates, pursuing alternative careers, building businesses, and going on big adventures. The Escape team are hard at work over on the main site building Escape Profiles that help people make big career changes.

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  • Marc Dutil

    This is very inspiring. I can’t content myself of the same job or adventures year after year and I am afraid of falling into the corporate routine (ironically, I pursued a Master for this precise purpose…), but as a freshly graduated student, I need to pay down my debts. I try to convince myself I’ll be able to escape later, but isn’t it exactly the kind of thinking that keep us all into the corporate world? On the other side, I keep reading a successful escape is about planning, so I’d rather get rid of my debts (so I can be really free) and minimize the consequences in case of failure. I’m sure I’m not the only one in this situation and I’d like to hear your thoughts about this.

    • http://www.facebook.com/mark.rushmore.5 Mark Rushmore

      Hi Marc Dutil! Thanks for the feedback!

      You’re definitely not the only one in this situation- I think a lot of people, myself included, have a similar desire as you to leave the corporate world but are concerned about the financial/career risks.

      The way I thought about was this: as long if I could get 4/5 years worth of experience in my industry (FMCG), I should have gained enough expertise to return to a job at another company. This minimised my risk a little (whether it turns out to be true or now, we’ll have to see!). Also this time gave me the opportunity to reduce any debts.

      Another good bit of advice I got from my sister. I once said to her that “if I won the lottery, I would cycle across a continent, sail an ocean, climb some big mountains and go on a long canoe trip”. She simply said to me, that if that’s really what I wanted to do, if it was a burning desire, that I didn’t need to win the lottery but could find a cheap way to fund each part. Perhaps a competition (like the sailing), or I could cycle from London to save money and live on porridge (not sure if this is good advice but you get the idea). I then realised that you don’t need all the money in the world to go after big adventures, but you do need to really believe that what you’re doing is the right thing for you.

      Whatever you do, I wish you the best of luck. Don’t give up the dream and I’m sure you’ll get there!

      • Marc Dutil

        Thanks for the precious advice. You got my vote for the race, hope you’ll be participating!

        • theendofthebeginning

          Thanks @google-420abe59c1d4b48b5a88bb72c77702a1:disqus – best of luck with your plans! Thanks for the vote!

  • Carla Watkins

    Voted – I hope you make it into the yacht race, and I hope you come and blog again for Escape the City so we can hear more about your adventures :)

    • http://www.facebook.com/mark.rushmore.5 Mark Rushmore

      Hey Carla! Thank you so much for your vote, it’s really appreciated! I’d be more than happy to blog again for Escape the City (if they’d have me back). Fingers crossed, who knows, I may even be able to blog about the Clipper Race…

  • Caroline P

    I’ve just voted for you! Good luck with the competition. Its great to hear you are making the most of your situation.

    • theendofthebeginning

      Hi @disqus_I3YCc9diyN:disqus, thanks for your vote as well. They’ve all really helped! I’m trying at least. Will see what happens! Mark

  • http://twitter.com/IkeSikuade Ike Sikuade

    voted!! I love your courage (and your blog post); hope you win a place on the race.

    • theendofthebeginning

      Thanks @twitter-600940799:disqus! I really appreciate your vote and support. Will let you know how I get on!

  • Mike Sanders

    Although this is a year a go, i like how you were very positive during the change. I was made redundant 7 weeks ago and luckily got a new job right away. Its been the best thing to happen to me as now my life is so much better. I think if you stay positive you fair so much better. http://mikesandersblog.com/life-after-redundancy/.