Self Pity is REAL as I hit 8 months without a new role..

Maybe the world's smallest violin is playing right now, I don't know. I truly thought I accomplished something in life by becoming a millionaire at 39. How little and small that thinking truly is has become a harsh and painful reality. I have been in enterprise sales for 11 years with several each at the big enterprise ERP companies. I even decided to explore the overemployed route during COVID and did 2 Strategic AE roles for different companies and different industries. I killed it for both of them for 8 months until I resigned from 1 and did it hitting my quota and maintaining strong relationships. Life seemed great and I took that money to invest as I knew one day it won't be sunshine's and rainbows. As a result I became a millionaire. Problem is that my monthly run rate became significant at $15K/month and I was always making enough to support my life. In January of 2024 I got laid off and thought nothing of it thinking I've saved enough, invested enough, and made decent decisions to hold me out until I find a new role. Fast forward now 8 months later- 2 mortgages of $6K, 2 cars at $4.3K and a wedding I'm now reconsidering every life decision I have ever made. I now realize I made a couple missteps because achieving a milestone doesn't mean sh*t if you don't manage the future properly. I'm sharing this for the younger guys to hopefully learn from my stupidity and to the more successful and smarter reps to give me some advice on how to get back on the horse. I interviewed extremely well with a major tech company and received positive feedback to only get a text from the recruiter 2 days later saying that I did nothing wrong and am amazing but there was a candidate more suited for the role- it was a month process bc the interview process was 5-6 steps with a role play in the end. I honestly feel so deflated and want to throw in the towel. I've got maybe 3-4 months before I run out of runway and don't know what else to do- I have experienced this 2 other times when interviewing and must be oblivious to something. Why is it so damn hard to find a new role?


I've learned to never be comfortable. Always stay hungry. Always look to learn a new skill and understand younger is always preferred over experience in our world. I know I sound bitter but WTF do I do? I feel beat down defeated and have the proverbial chip back on my shoulder to prove I'm good and strong enough. I've never missed my quota but can't even get a recruiter to give me a screen call anymore. Is this what happens at 40? I'll take any advice and jokes at this point.

🙏 Mental Wellness
☁️ Software Tech
👥 Hiring
21
braintank
Politicker
5
Enterprise Account Executive
An important lesson in "lifestyle creep"
BitcoinAddict
Opinionated
4
AE
Whew, oh man I feel for you man. I won't bring up your past mistakes but yeah, it is so tough out there. I wrote about how I had a promising interview for a big company and everything, all it took was one final one with a VP, which was meant to be more of a formality as the VP was not even that involved on the team, to go south. The guy completely disregards the agenda and blindsides me with tricky questions rather than sticking to what we said we were going to talk about.

You know, the more I think about it, I think the future is starting a business for yourself. Sure, get that AE role when you can and get employed but the more I think about it, the answer is self-employment. You have to get to a point where your business, of some kind, is supplementing your income. Eventually, you out-earn your full-time job and then you just go for your business.

We are living in a time where it feels like having your own business is more stable than having a 9 to 5. It is going to take time but it is about laying the groundwork. It is tough to figure out and if it wasn't, then everyone would be doing it, but it seems like the answer.
TheCurator
Executive
4
Enterprise Account Executive
Thank you! I have been seriously considering my own business. I already have 30K followers on social and make $2k-$3k/month but that's just been fun money. Doesn't do much.
Gasty
Notable Contributor
3
War Room Community Manager
30K? That's nice. Just the beginning. Consistency is the key.
jefe
Arsonist
3
🍁
Well, shit. Sorry you're going through this, and I hope things start to look up soon. It's a bad market.

It's amazing, and terrible, how quickly things can turn. It was good of you to share this as there are several lessons we should all keep in mind.

Looking forward to seeing a 'new role' post from you soon.
derneutrale
Opinionated
2
Business Development
Thank you for sharing, I’ll try to keep my burn rate low.

One thing I’m curious about: is your runway including the 1 Mio. or is it only considering your liquid savings?
TheCurator
Executive
1
Enterprise Account Executive
Thanks for the question- no, my runway is just liquid and whatever BS 401K I saved up. The big chunk are in the houses.
MRK47
Personal Narrative
2
Head of Growth
Can’t really add much aside from empathy and support. It’s a sh*t show out there….I recently found myself unexpectedly out of a role and arrogantly assumed I’d get a replacement gig pretty quickly….been a bit of a reality check….but it’s now both a numbers game and partly a strategic play……numbers game when it comes to applying to public & posted roles…..so hit/miss for all the obvious reasons. For the strategic play, you want access to the hidden job market….which means reaching recruiters in the space you’re targeting so they come knocking at your door and you can have direct dialogue with them…..but it’s a longer play. For example, the recruiter you just worked with…have you gone through their connections....pretty sure they are likely connected to other employers (and maybe other recruiters too) you want to target…start engaging with their content, set up job alerts with them etc. There is no silver bullet…it’s a combo of many factors (plus a big dose of luck/timing).
But don’t ignore the fact you made it almost all the way through a recent applicant process which proves your appeal to an employer…there will be others.
Agreed that starting a business is appealing but clearly has its risks…..you reference 30K followers…are we talking professional related (LI etc) or recreational (TikTok etc)? Is there a way to better monetize that audience as you’ve done the hard work and built up a decent following already.
Space_Ghost20
Executive
2
Account Executive
Hey man, I'm at 11 months now. I've thankfully managed to keep my expenses low, and managed to survive by driving for Uber and splitting expenses with my wife (who thankfully has a good and stable job). But there are things that are cropping up that I can't put off forever: backyard fence needs replacing, already had to spend $15k to replace the HVAC, the roof on the back porch needs to be fixed/replaced, and the water heater is operating on borrowed time. I need a job yesterday just to get my head above water at this point.

The market is tough. I've not had this many final round interviews not lead to a job offer. The last time I remember the job hunt being this difficult was back in 2011 when I just graduated college. The good news for you is your resume is likely better than mine, but I'm sure that's cold comfort given your situation. I hope things turn around for all of us.
Gasty
Notable Contributor
1
War Room Community Manager
It seems tough, I swear. From an AE, why not be an Ent SDR or something for a while - just to pay the bills? Don't add it to your CV and keep applying? No?

I guess, an experienced AE like yourself, you must be getting some SDR role. No?
Pachacuti
Politicker
1
They call me Daddy, Sales Daddy
That’s a long time unemployed. I know how that feels.

The reality is you’ve been living beyond your means for a very long time and you haven’t been willing to pair it down.

You know what you need to do to reign in your finances.

Regarding your job search, since you have the means, I would recommend a job coach or consultant. There are a few of them out there which promise you the world if you pay them.

Interviewing sucks.
Handfullofsass
Opinionated
1
SDR
I’m sorry that’s happening to you. I was thinking of quitting my job, maybe I’ll stay on after all and save as much as I can before leaving
jefe
Arsonist
2
🍁
Don't leave without something new! Ever, but especially not now.
0
Major Account Executive
Hang in there ! There’s always porn !
0
Retired Sales Professional
I really think that you are allowing the thought of losing the millionaire lifestyle and the runway running out to really bring you down.

This may sound harsh but sell the house, have only one mortgage, sell the cars and get yourself a good reliable car that doesn't cost so much. Stop eating out at expensive restaurants, if the fiance is supportive keep her, if she just wants you for your lifestyle throw her out too. Just kidding on the last one. 😂

Trim the fat, get back in the game, boots to the ground, keep marching forward. Stop the self pity shit, thank the lord that your alive and that you had the opportunity to become a millionaire, there's not crying in baseball, now get back up to the plate and hit the fucking ball right our the park.

You made a million once, you can make it again, no one said it was going to easy the second time around but the only time you fail is when you fail to try. So it doesn't matter how many time you fall, get back up and dust yourself off because you never know if the next step is your next step to success. Truly I say, I wish you all the best.
SiliconBBQ
Politicker
0
The Metal Rooster
You can’t live a big income lifestyle on no income.

Cut back now, and bring some cash in.

You can keep interviewing.

We went from two incomes to mine while on ramp. Felt more secure bc of the manger I had the first quarter when my wife had to let go of her check. When my new all-star rep bc first time manny of seasoned sellers got promoted it caused some doubt. He’s new to my ecosystem and going to his instincts, already cost momentum and at least 1 deal.

Luckily we’ve cut back significantly.

We live on variable income as sellers. Some people say cash is trash, but I’m more comfy with a year of living expenses on-hand(some getting high yield savings)



startingfresh
Personal Narrative
0
Enterprise Account Executive
This post and the comments really hits home. It’s crazy how much “not winning” can affect us. I always want to win, but I’ve taken plenty of losses along the way. You make a mistake, you take the loss, and you get stronger for your next opportunity. <br><br>I was extremely happy, chasing money, left big tech to startup chasing equity, and bigger paychecks. I was doing well, but who doesn’t want more! I had never been fired before…. The last two years I was part of a RIF, casualty of an acquisition week before my shares vested (worth $0 anyway), and for the first time laid off 6mos in my role. (My manager hated me, another first time but I guess happens more often than I thought)<br><br>1) this is different and mentioned above, it messes with you to not be told NO or YES. We all live for the yes and the close and delivering a result - not dragging it out, we want to keep you on the bench, we are just moving forward with another candidate for x,y, z<br><br>2) when things have been on cruise control (not because it’s easy or you didn’t work hard, but because you are good at what you do and comfortable) we don’t embrace the uncomfortable: we don’t downsize the house, freeze the gym membership, and I even still play 20/30 wolf in a Friday golf game, we all have the stuff we could drop but don’t.<br><br>For me, I’m over it. Time to quit fucking around and do what it takes to get back to where I need to be. It’s only temporary, we all know what we can do better to get “back”. We just don’t want to do that again. Why would we? Have you seen my awards or time I won rookie of the year ;) Point is that if I can go back and grind, I would be so much better than I was before, results will come faster, and numbers will be bigger! Good luck crushing what you need to crush and getting back! It will happen, but it starts here.
<br><br>Thanks for the therapy session haha! Time to enjoy the weekend!<br><br>
tominvest
-1
investment analyst
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Needing Advice - currently job Hunting after getting let go when my lifetime attainment was 89%

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Starting a New AE Role, What do you do in the first month to set your self up for success?

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Has massive growth ever led to mental breakdown? I have been hustling since 17 years old chasing to strive for success doing odd jobs and unintentionally ended up with Edtech K12 Sales as my first official sales job - A toxic culture with no employee respect eventually me to switch after 18 months. Since reps in Edtech are highly valued, had no option but to continue in Edtech sales. This time it was higher education segment, things looked good in the first few month but slowly it started adapting methodologies like the old Edtech since the management was changed. I decided to move out and switch to B2B SaaS. After 13 months of learning & success, my aspirations weren’t matching with the growth vision shared by my manager and ended up being desperate to switch. Got to a AM-Inside Sales role with a 50% hike. Guess what? It led to my mental break down since the culture is pathetic. In entire journey, all challenges never affected my performance but l am losing the spark to glow and hustle eventually. While I plan to switch, a token of guilt is still alive. The experiences have made me far better and strong as a BDR but blank about the next steps in my career. Thanks for reading. Do share your thoughts.

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