Chapter 1: The Great Resignation Explained

Have you come across the term "The Great Resignation"? It refers to a significant movement that began in 2021, when countless employees across various sectors voluntarily left their jobs. This phenomenon reshaped Corporate America, compelling organizations to reevaluate their compensation structures and workplace cultures, while also recognizing the crucial role of perceived work-life balance in retaining talent.

I proudly declare that I was part of this movement.

First, you might ask, "What led to this decision?"

One day, I shared my feelings of exhaustion with my cousin. He posed an intriguing question: "If you had $40 right now, could you buy anything you wanted?" When I answered affirmatively, he simply said, "Then don’t complain."

On the surface, it seemed like I had a perfect life. I worked remotely—a luxury many coveted during the pandemic—and earned enough to comfortably support myself and my son. Living in the suburbs, I enjoyed hosting family gatherings and taking vacations each year. However, that comfort came at a cost.

Burnout — After nearly 15 years in the commercial insurance field, I was feeling overwhelmed. I had fought hard for promotions and dedicated countless hours to my job. By 2021, I had been in my management role for almost five years, often working 10 to 12 hours a day, five days a week, plus additional hours on weekends. Burnout was looming.

Pursuing New Passions — In my 30s, I discovered a passion for real estate. I had successfully owned two homes and made significant profits from property conversions and land sales. Encouraged by my realtor, I attempted to obtain my real estate license, but with my hectic schedule, I only managed to complete half of the required courses in a year.

Family Matters — My family had faced challenges, including the loss of my father and my mother's caregiving responsibilities for my terminally ill grandfather. With my son about to enter his senior year of high school, I recognized the need to prioritize my family and reconnect during this crucial time.

Social Connections — Throughout my adult life, I had been single and often isolated. With only a handful of friends, I realized I needed to break out of my shell and foster deeper connections.

COVID's Impact — The pandemic served as a catalyst for change in my perspective on work. After being hospitalized for a week with COVID, enduring severe symptoms, and taking a month off work for recovery, I found myself contemplating whether my career was truly worth the sacrifices I had made. The answer was a resounding "No."

This reflection prompted me to devise an exit strategy.

Here are a few key aspects that facilitated my transition:

• I had saved $70,000 through various means, including property sales and refinancing my home.
• I provided a two-month notice, using that time to document processes and work on a succession plan with management.
• Maintaining positive relationships with colleagues and leadership was important to me, so I made sure to leave contact information for future communication.
• I had a clear plan to obtain my real estate license and to start a photography business.

Despite the enormity of my decision, I aimed to remain practical.

My journey into independent work is complex, and while I could fill a book with my experiences, I'll summarize it briefly: venturing out on your own is challenging.

I successfully obtained my real estate license in just three months, passing both state and national exams on my first attempt—an achievement many struggle with. In a competitive market where 80% of business is dominated by 20% of agents, I secured three transactions in my first year.

Ultimately, thanks to the open lines of communication I maintained with my former employer, I was presented with a unique work opportunity, concluding my year-long experience of the Great Resignation.

That year off was invaluable, granting me opportunities for personal growth and perspective. I honed my communication and negotiation skills, leveraged my real estate knowledge for investments, prioritized networking, and learned to set boundaries. I remain an entrepreneur, having embraced the time for self-reflection and family focus. The $70,000 investment in my future was worth every penny.

I am living proof that the Great Resignation can lead to opportunities for those seeking better benefits, higher compensation, flexible schedules, and greater negotiating power in their careers.

Video Title: Hello Monday: The Great Resignation - YouTube

Description: This video explores the motivations behind the Great Resignation, discussing the shift in employee priorities and work culture.

Video Title: The Great Resignation: "I QUIT!" - YouTube

Description: This video features personal stories of individuals who left their jobs during the Great Resignation, highlighting their reasons for making such a bold move.