Practice Being Broke Before Quitting Your Job — Michelle Khare

TL;DR

Michelle Khare deliberately simulated financial hardship for a year before quitting her job to mentally and practically prepare for the worst-case scenario.

Key Points

• 1.Michelle used Tim Ferriss's fear-setting exercise to prepare for failure before quitting. She moved into a small studio with a roommate, cancelled memberships, and stripped finances to simulate what rock-bottom would feel like — while still employed.
• 2.She committed to working on personal projects nights and weekends for one year. Her reasoning: if she couldn't prove dedication with the stability of a job, she had no business quitting to pursue it full time.
• 3.When she finally quit, she had two months of videos backlogged and a shoot date already set. She had only three months of savings, deliberately split — one portion locked for her dream project, the rest for living expenses.
• 4.Her interviewer (Tim Ferriss) mirrored her exact approach when starting his first company. He worked on it during lunch hours, evenings, and weekends while excelling at his day job, emphasizing risk mitigation over bold leaps.