Reality really struck him when he returned to Aggborough to lose 1-0 to his former club on Saturday. After the match he was quoted as saying it would "take forever and a day to turn things around at Hull with the players I've got."
Despite doubting the commitment of some of the squad he said: "I'll certainly battle on because I have a lot of pride and I don't take any pride in seeing my team play like that."
However, chairman Adam Pearson said that Molby offered to quit the job - only to be told by Pearson to stick with it.
He told the Yorkshire Post: "We have had a long chat about the situation. Jan offered to step down but I have told him to see what happens in a few weeks. I still believe that he can turn things around.
"We have had an extremely disappointing start to the season but we all still believe that we have the players within the squad to turn things around.
"However, it is going to need an enormous amount of hard work by the manager and his staff to put the confidence back into the players and then to take us back up the league.
"Everybody believes we have the players with the right ability here to make us a success, but it is the confidence of those players within the squad that needs to be addressed right now."