“…I decided that my word was more important than the big-bucks…”

"....I Quit...!"

“…I Quit….!”

?????????????Quitting was the best thing that ever happened to me…um…or did I get fired?  The story goes

like this.  I had been with this statewide distributor for 4 years; rising from Assistant Controller to Vice President of Finance & Operations.  I had exhausted all avenues for promotion, and was at the top of my salary range for my profession in that time frame.  There was nowhere to go, and I was getting a bit worn-out.  I made plenty of $$ for the Corporation, but was not getting my proportional return.  So….I gave a 90-day notice, and considering that was a long, long time, and I was at a very high-level position… I thought I was being very fair, if not too fair.  Anyway, about one week into the work-out, the President and Chairman appointed my replacement.  He was a junior-grade type, but did pretty well as long as you stayed behind him and wiped his nose.  I mentioned to the CEO’s secretary, that I thought that the guy could not handle the job.  The next morning, the CEO came in and “fired me on the spot,” giving me 30 minutes to get out of the building, and handed me 12 week’s severance pay. To back up a bit… I voluntarily resigned. I didn’t have a job to move into; as it was my plan to take the 3 months’ notice to find what I was looking for…which was real estate investment.  I wasn’t expected to be fired before I had a chance to work out my notice.  Anyway, I walked out with 12 weeks’ pay, together with my savings, I had ample enough money to live for the next year.  I started withdrawing an amount equal to my former net-take-home pay, rented a small office in a friend’s law firm, installed a phone, and began my search.  It took about 6-weeks for an offer to be presented.  I was offered the position of Vice President with a major real estate developer, at… get this…a 30% cut in pay; but, with promises of appropriate increases. W-O-W.  I accepted the job on a Friday morning, telling him I would report the following Monday morning.  That evening, I got a call from an International Corporation offering me a job (un-solicited) as Corporate Controller, at a salary of 25% higher than the one that I had just quit/fired from… plus a new company car of my reasonable choice.  What a weekend. I decided that my word was more important than the big-bucks, and the international responsibilities.  So, here I had an opportunity to really move ahead, but was it what I wanted?  No!  I wanted to get into something where I could build equity, and showing up on Monday was the first-step in that process.  I showed up on Monday as scheduled.  Ten years later, my net worth was 20 times more than what it was on that Monday morning.  I later started my own R/D business, specializing in economy motels and hotels, and small office buildings.  Seventeen years later, I sold out all but a few integral pieces, which I still own today. I tell this story to emphasize that “quitting” without a job to go to, is not always a bad move.  But, I also emphasize, that unless, or until, you can afford the risk of being unemployed for an undetermined period of time; then DON”T quit, as a bird in the hand is better than two in a bush. In conclusion; Giving LONG NOTICE’S is not a wise thing to do. Ecclesiastes 9:4 – For to him that is joined to all the living there is hope: for a living dog is better than a dead lion.  …Blessings… cjlb… 9/26/14  

About Charles Brooks

who is originally from Miami, Fla., moved to SC, holds two degrees from the University of SC. His business background is primarily in Real Estate Development (Motels, Hotel, Office Buildings, Restaurants, Residential) and Business Consulting. He currently is Managing Director of Brooks, Baker, Lehman & Kohlhepp - Investors in Real Estate and Mining, and has other business interests under the umbrella of Brooks Properties. FULL-TIME-MINISTRY: Fully engaged in spreading the Gospel of Our Lord Jesus Christ, with an emphasis on the Business Community.


Subscribe to our website to receive updates.

2 Responses to “…I decided that my word was more important than the big-bucks…”