I have tendered my resignation, and starting June 2012, I will be self-employed.
I used to think that this transition will be manageable as long as one has his self-employment plans settled. In fact, I have been toying with the idea of doing tuition full time instead of part time like the past few years. Tuition is a fun and enjoyable activity; I enjoy sharing my knowledge and interacting with students.
But it was not easy mentally. Apprehension was high. The thought of moving from a stable income to an unstable one was actually scary. Furthermore, I'm going to suffer a severe pay cut.
I kept asking myself, what am I planning to do with so much time freed up?
The thing is, if you do not plan your time, others will plan it for you. I can't really allow that.
I have some grand plans lined up. Hopefully it will succeed. At least my dividends can feed me comfortably at the moment while I mess around.