Is it better to get a job and do IM part-time or do IM full-time if you can afford to?

32 replies
Hello fellow warriors,

I have been a member of this forum since 2007 and have been fascinated by IM. My ultimate goal was to make a consistent full-time income in IM working from home. I left a high-paying corporate job in 2010 to pursue this goal.

Unfortunately, things did not go as planned. I did have periods where I was making good money but it was not consistent enough.

I am in a position now where I have enough funds to last me six months if I do not work. I am wondering if it would be wiser and better to get a corporate job so I have a monthly salary coming in and do IM part-time until I grow I solid IM business or am I better off pursuing it full-time for as long as I can afford so I can achieve my goal of building a solid IM business?

If I go back to the corporate world I will probably be working 50 hours a week and be able to put in 1-2 hours during the week and a lot more during weekends.

But if I pursue it full-time for the next few months I can put in 50 hours plus a week to IM (trying to build a business which supports me financially).

Does that mean my IM income can grow much faster to the point I would not have to go back to a corporate job?

I am wondering what some of your experiences have been in this regard.

What would you do if you were in my shoes?

Thanks.

Mark
#afford #fulltime #job #parttime
  • Profile picture of the author xnice
    What do you like?

    The IM part time job with a corporate job

    Or IM full time job.

    This depends on you, the other cannot decide for you.
    Signature
    Need Quality Backlinks: Check Out How To Buy Quality Backlinks in 2018?
    {{ DiscussionBoard.errors[10193152].message }}
  • Profile picture of the author iharman
    That really depends on the income you'd be making from your corporate job.

    If I were in your position, I'd take the job and start using your 6-month fund to fund your IM business while working your proposed schedule of 1-2 hours a day and a lot more hours during the weekend. Not a lot of people have that luxury of having that fund for their IM business.
    {{ DiscussionBoard.errors[10193156].message }}
  • Profile picture of the author sahi
    Learn from your past experience and do the IM part time until your income becomes consistent enough for you to leave the job.
    Signature

    Get your Brand mentions/Interviews in top magazines around the US & UK like Forbes, Harvard EDU, American Express, INC, Entrepreneur, LA weekly, and many more
    Email Me for more details and share your requirements.

    {{ DiscussionBoard.errors[10193167].message }}
  • Profile picture of the author Miguelito203
    Originally Posted by marktheonlinesurfer View Post

    Hello fellow warriors,

    I have been a member of this forum since 2007 and have been fascinated by IM. My ultimate goal was to make a consistent full-time income in IM working from home. I left a high-paying corporate job in 2010 to pursue this goal.

    Unfortunately, things did not go as planned. I did have periods where I was making good money but it was not consistent enough.

    I am in a position now where I have enough funds to last me six months if I do not work. I am wondering if it would be wiser and better to get a corporate job so I have a monthly salary coming in and do IM part-time until I grow I solid IM business or am I better off pursuing it full-time for as long as I can afford so I can achieve my goal of building a solid IM business?

    If I go back to the corporate world I will probably be working 50 hours a week and be able to put in 1-2 hours during the week and a lot more during weekends.

    But if I pursue it full-time for the next few months I can put in 50 hours plus a week to IM (trying to build a business which supports me financially).

    Does that mean my IM income can grow much faster to the point I would not have to go back to a corporate job?

    I am wondering what some of your experiences have been in this regard.

    What would you do if you were in my shoes?

    Thanks.

    Mark
    This is tricky, but I'd probably get a regular job as a safeguard and work on IM part-time. Oh, I also want to say that you don't necessarily have to get a job that requires you work 50 hours a week. You can take a job that pays less. In the meantime, you should focus on a long-term business model and building a solid foundation for your business to grow. As your IM business grows, you might decide to let your regular job go.

    Joey
    {{ DiscussionBoard.errors[10193179].message }}
  • Profile picture of the author S1YMY
    If the IM role allows you financially to give up the day job then its worth thinking about focussing full time on your IM work. Could you do more, and make more money with the efforts? I gave up my company job to focus solely on my IM business years ago and have never looked back. But it still takes hours a day of hard work so its not and instant 'internet lifestyle' they all talk about.
    {{ DiscussionBoard.errors[10193184].message }}
  • Profile picture of the author ZanyZebra
    You sound very lost.

    I feel for you. I've been there too (after years and years trying to make a decent living online, trying just about every method under the sun, with only partial success). Thankfully that changed.

    Only you can take the decision you ask of us. I apologise in advance but the last thing you need right now is kind word, so...

    Wise up fast! The world of IM is awash with schemers and scammers and people who never made more than a dime selling you ebooks and courses on how to get rich. Get real. Deep down inside you know this to be true. I myself fell for the gurus and courses, many, many times.

    Even the stuff that does 'work' (perhaps less than 1% of everything IM out there) is only temporary and weak.

    Here's my advice: your possible future online is not just a function of the time you spend, part time or full time. Much, much more important is The Business Model you choose to pursue. I can tell you flat out, of the dozens of different business models for online business very few of them actually work in making a decent full-time living.

    I was lucky (i'd like to think i was smart, but I was lucky) I found it for me. I now run a substantial online business that bring in over 6 figures a month, on average. It's real, long-term, sustainable, ethical and creates a valuable online business asset.

    So, spend your time investigating the various business models. This is WAY more important to understand than the number of hours you clock up working. First, the business model needs to be right. Only then is it a function of time and effort spent.

    I apologise if this seems a bit rough. But as i said you need some real advice not kind words.

    I hope everything works out for you. Don't lose hope but get very real, very quickly.

    My genuine best wishes to you, Mark.

    NB by business models i mean - affiliate, advertiser, merchant, infomediary, subscriptions, broker, etc.
    Signature
    Want Straight Answers About ASM? (Amazing Selling Machine). Go To:

    https://www.facebook.com/groups/ASMEntrepreneurs/
    {{ DiscussionBoard.errors[10193199].message }}
  • Profile picture of the author dannygnenerate
    Originally Posted by marktheonlinesurfer View Post

    Hello fellow warriors,

    I have been a member of this forum since 2007 and have been fascinated by IM. My ultimate goal was to make a consistent full-time income in IM working from home. I left a high-paying corporate job in 2010 to pursue this goal.

    Unfortunately, things did not go as planned. I did have periods where I was making good money but it was not consistent enough.

    I am in a position now where I have enough funds to last me six months if I do not work. I am wondering if it would be wiser and better to get a corporate job so I have a monthly salary coming in and do IM part-time until I grow I solid IM business or am I better off pursuing it full-time for as long as I can afford so I can achieve my goal of building a solid IM business?

    If I go back to the corporate world I will probably be working 50 hours a week and be able to put in 1-2 hours during the week and a lot more during weekends.

    But if I pursue it full-time for the next few months I can put in 50 hours plus a week to IM (trying to build a business which supports me financially).

    Does that mean my IM income can grow much faster to the point I would not have to go back to a corporate job?

    I am wondering what some of your experiences have been in this regard.

    What would you do if you were in my shoes?

    Thanks.

    Mark

    Hi Mark,

    If more people would think like that, this place would be filled with more successful people. Unless you somehow manage to leverage someone who's successful, I'd highly recommend that you at least keep a day job to keep your business afloat.

    What I did is calculate how much it would cost for a full year to have everything running as far as the basics. Then I calculated my estimated ad cost at 1.50 per click. I knew that I needed at least 1,500 subscribers to even be in the green when it comes to making money with my list.

    Keep in mind that your job is to give high value (EXTREMELY HIGH) and charge the prices that your demographic are use to paying. Don't overcharge and surely don't cheat yourself.

    Above anything is to make sure that you're not trying to get it -just perfect- before you make a move.

    What I told you above is how I first started making my first $1,700 per month (average).

    But please believe me when I say this my friend, get yourself a mentor and it will save you thousands of dollars and soo much time.

    Hope that helps.

    Warm Regards,

    Daniel
    Signature

    "How To Get Clients Begging To Pay For Your Services... And Close More Deals FAST!" Get Clients Now

    {{ DiscussionBoard.errors[10193215].message }}
  • Profile picture of the author Joan Altz
    Get the corporate job. Not that many people know how to make it online (or offline for that matter). If you failed to make steady income online before, then you already know how hard it can be.

    You'll probably be more focused with less time to spend on IM than you would if you had all of that free time anyway, plus you can use your job income for testing paid traffic sources and getting some outsourced work completed when you need it.
    {{ DiscussionBoard.errors[10193524].message }}
  • Profile picture of the author camohit
    would you be able to leave the JOB related thoughts in the office premises itself after the day's work?

    would you be able to completely focus on your IM business and you're sure that your personal responsibilities, social responsibilities and the JOB which you'd do will not interfere in your long twrm goal of establishing an IM business?

    IM is a business and every business requires 100% efforts, dedication, commitment and the likes atleast at the start until it starts giving returns. If you can manage every aspect of your life and still feel you'd be able to do justice to your IM business then you should surely take the corporate JOB. from whereever money comes (legally), it does no harm.

    But when you start working on your IM business then you'll also start developing expectations for returns. Make sure your expectations are according to the energy and true efforts you'd put.

    Always keep in mind the long term goals of your life while taking any decision.

    Wish you luck!
    {{ DiscussionBoard.errors[10193576].message }}
  • A corporate job would give me a salary of around $6,000 a month for 50 hours a week.

    If I did IM full-time would I be able to achieve that within six-months or less?
    {{ DiscussionBoard.errors[10193580].message }}
    • Profile picture of the author AUKev
      Another variable to consider.

      How easy is it to re-enter the corporate world in your field with an additional gap in your experience? I once took off two years to start an offline business and when I re-entered the workforce in my field, it took over six months to get hired. Many prospective employers were wary of my time away and were concerned I would leave again when I was ready to be independent again. Plus, I took a cut in pay due to the layoff.
      Signature
      Lifetime Access to Seattle Clouds and BiznessApps for 1 Payment
      Android App Profits - The Definitive WSO on Profiting from Android Apps
      {{ DiscussionBoard.errors[10193605].message }}
    • Profile picture of the author salegurus
      Originally Posted by marktheonlinesurfer View Post

      A corporate job would give me a salary of around $6,000 a month for 50 hours a week.

      If I did IM full-time would I be able to achieve that within six-months or less?
      Difficult to answer since there are so many variables to consider, an educated guess, no you won't be making 6K pm after 6 months....
      As you say you've been dabbling since 07, then you should already know that only a small percentage of hopefuls are making anywhere near 6K pm online...
      Signature
      Think of how stupid the average person is, and realize half of them are stupider than that.

      ― George Carlin
      {{ DiscussionBoard.errors[10193702].message }}
  • Profile picture of the author Max Anderson
    Full-time, the more time you put in the faster you will achieve your goals in any business!
    Signature

    {{ DiscussionBoard.errors[10193641].message }}
  • Profile picture of the author JC Web
    If you want an honest answer - and I'm not sure that you do - I would have to say that based in many of your previous posts that you should forget about IM completely and be happy you have a job offer. I know that's blunt but you need to face reality for your own good. Take that job and work on furthering your career in whatever field you are in.
    {{ DiscussionBoard.errors[10193716].message }}
  • Profile picture of the author ynef
    I would suggest doing IM full time, because if you're serious then 6 months is all you will need to be successful. Especially in your case where you already know how this works!

    It's true that IM has its highs and lows. For me, there have been times where I can hardly pay the rent and there have been times when I don't know what to do with the money any more.

    All I know for certain is that I can't be someone's puppet and I am willing to live a month or two eating instant noodles and bread. For me, it's the freedom you get from IM that matters in the end and not the money.

    Don't be afraid of leaving the comfort zone and you'll eventually realize that whatever you do, you will always come out a winner. And let the times you lose to be a lesson. There is no need to panic!
    Signature

    Content writer, web developer, SEO consultant - Ynef's Portfolio

    {{ DiscussionBoard.errors[10193723].message }}
  • I've asked the question in the past because I was in a similar situation and remain indecisive. I know I can do it and I have gained enough knowledge to do it but I am an idiot for not doing it yet and putting myself in this situation.

    I always look to find inspiration and direction from other people who have done it. I easily get influence by other people.
    {{ DiscussionBoard.errors[10193735].message }}
  • Profile picture of the author Jhfx360
    Hi Marktheonlinesurfer,

    That is an interesting situation you are in, since you say a corporate job can pay you about 6k a month but you want to have your own thriving IM business which is your dream. Most of the others have suggested keeping your job until your IM business can replace it. Daniel suggested getting a Mentor to save you time and money. (Which I agree with)

    Have you ever thought about outsourcing so you can keep your income stable while hiring a skilled outsourcer to grow your IM business while you are at work at the same time? This could be a best of both world's suggestion.

    Best Regards,

    John
    Signature

    {{ DiscussionBoard.errors[10193754].message }}
  • Profile picture of the author Released1985
    I would pick up new talents, clearly things aren't going your way.
    I am not talking about completely dropping IM, but learning new skills on the side which can potentially build your earnings/ROI
    {{ DiscussionBoard.errors[10199231].message }}
  • Profile picture of the author FreedomBlogger
    I would give this my best 100% if I can afford to!!

    But only if you can afford to!

    And if you decide to go at this full time, you are going to need to really give it your ALL!

    You will need to build up a very strong self-discipline to do the necessary work very consistently. Have the will power and keep the reasons to WHY you must succeed here, in mind!

    Treat it like a real business, so it can pay you like one!

    Create your own weekly schedule, and your own daily action plan to follow. You should also invest in your internet marketing education, and in your MINDSET.

    Remember; success is 80% mindset and 20% hard work!

    Once you are learning the right internet marketing knowledge, start to take a lot of consistent action. Like your entire life depended on it .... because it does!! .. right!? If you put in the right work, for 8+ hours a day, 5+ days a week - you will definitely make progress and start building up traffic, an email list, and a passive/residual income. 3+ Months, full time, is more than enough to build a good income stream online!

    Just invest in your knowledge, and mindset!

    Keep up the great work!!

    I wish you the best of the best! ... keep us updated!
    Signature
    At the beginning, I thought making money online with a blog was super super hard. Not anymore. Learn the art of making money online blogging - step by step - HERE.
    {{ DiscussionBoard.errors[10199375].message }}
  • Profile picture of the author paulie888
    Going off past experience, I'd recommend taking on that corporate job and using some of your savings to spend on advertising, because that will give you the ability to ramp up that much faster without having to worry about running out of money and not being able to sustain yourself. You can always market with "free" and low-cost techniques, but your returns and results are going to be exponentially multiplied if you use paid advertising.

    This is of course with the caveat that you apply what you learn in IM and not be overly cavalier about throwing money into advertising.

    By working your corporate job during the day, you will have a buffer and not be too concerned about running out of money before you succeed in internet marketing.

    I realize this is not the ideal situation, but it is probably the better approach. It really is not much fun trying to make your internet marketing work when you have a limited budget and a time deadline as well.
    Signature
    >>> Features Jason Fladlien, John S. Rhodes, Justin Brooke, Sean I. Mitchell, Reed Floren and Brad Gosse! <<<
    {{ DiscussionBoard.errors[10199381].message }}
  • If you can get a job and do both your job and some IM at the same time, do that. If IM takes off for you and becomes consistent, then you may consider leaving your job. Personally I would not recommend just blowing your savings doing IM full time unless there are completely clear and obvious indications of success already. Try to get a job that only requires up to 40 hours a week, not 50. They do exist. If you are really determined to devote more time to IM, and depending on your personal bills and responsibilities, I suppose you could also consider a part time job.
    Signature
    ♦ HighPayingPrograms.com - 100% free super high paying programs. Make up to $10,000+ per deal & lifetime revenue share.
    {{ DiscussionBoard.errors[10199441].message }}
    • Profile picture of the author Devilfish168
      Thread starter 's thoughts same with me.
      In fact now I living on my savings both from my past full time job which i have work 15 years and IM business.

      My parents do want to go back work full time as I still in the late 30s still can work 10 years more.

      But I noticed ....while working full time that time....I cannot do much on IM despite every night I will spend few hours after work. By the time already 12am to 1 am next day I have to wake up at 6am get RDY to work. not to forget daily stress , politics , workload inside office ..( some people can handle well ) for me I not so pro on these despite I managed to work in the same company for 15 years. Slowly I think for myself..do I have to continue to work like this next perhaps due to job scope changed ..which THAT is not my initial job scope..in my last year of work ...I find it hard ...despite I tried ...boss also kinda bias etc ...so I quit.

      now I find more time on my IM.
      I have to admit my earnings from my IM is lesser than what I got when I work full time last time.

      in fact I don't mind....even if I found a new job I have to lower down my wage ..now finding a new job is like that sadly...Unless you are head hunter wages will be increase when go new company.
      {{ DiscussionBoard.errors[10199469].message }}
      • Profile picture of the author Chris J
        It depends on your interest. If your interets is in IM full time and you know little about IM, try it is a part time and try to learn the skills of IM and when you feel confident you can generate your desired income, switch to a full time IM.
        Signature

        I can help you with OptimizePress setup and provide you with complete membership site solutions.

        {{ DiscussionBoard.errors[10199586].message }}
        • Profile picture of the author martinp
          My gut feeling is that if you haven't made it online by now, another 6 months isn't going to do it for you. In which case maybe you'd be better off going for the job.

          However you must have a ton of knowledge and experience, so if you make a serious plan and buckle down then it's possible to create a full time income in 6 months.

          What have you been successful with in the past?
          {{ DiscussionBoard.errors[10199899].message }}
  • Profile picture of the author godfinder
    I'am prefer IM as full time job, but not enough earning yet from IM. So I still work on office as my main income.
    {{ DiscussionBoard.errors[10199934].message }}
  • Profile picture of the author kk075
    Originally Posted by marktheonlinesurfer View Post

    I am wondering what some of your experiences have been in this regard.

    What would you do if you were in my shoes?
    I was actually going to say to get that corporate job, but since everyone else said that I'll play devil's advocate here and argue the opposite opinion.

    If you can get a 6k/month job this week, then you can likely get a 6k/month job 6-8 weeks from now as well. And since you have six months of living expenses banked, now is a great time to take a chance. Because the absolute worst that can happen is that you only have 4 months of expenses in the bank when you decide to take a job.

    Here's where the real problem comes in at though- most people are extremely indecisive on where to start. They want to find the perfect niche with the perfect products and the perfect sales funnels and traffic streams, and that alone can take years to figure out. So if you're one of those people, then it makes more sense for you to get a job today and just spend your 1-2 hours a week ironing out your ideas for an online empire. Then once you have a concrete idea, quit and take your 1-2 months to give it a test run.

    In other words, if you're ready to start right now, today....then do not get a job yet. Get to work doing your own thing. If you're not ready to do that though, then get a job.

    There's more to that equation though- the commutes to work, the last minute emergency meetings, trying to get vacation time and all the other stuff that comes along with working for an employer really slices into your quality of life- so you might not want to look at this in a dollar per dollar sense. Most people would rather make less money from home and have total freedom over their schedules....that in itself is almost priceless.

    So if you can make $4k a month from home within six months vs $6k a month with a big firm, I'm guessing you'd rather stay home and keep building your own business. I hope that helped.
    Signature

    Learn to sell like a pro through Web Synergy's marketing blog.

    {{ DiscussionBoard.errors[10199982].message }}
    • Profile picture of the author Kay King
      Below is what the OP said 8-9 months ago - what has changed?

      It's the same "I thought it would be easier/more fun/flexible/dream lifestyle". Another person who bought into the IM hype.

      I am asking because once upon a time I had a highly paid professional job and I left it to pursue online marketing full-time and the results have been nothing to as close as to when I was in the corporate world. I am making a fraction of what I used to make and some months I make nothing or incur losses.

      I thought the hours would be shorter, I thought I could live a flexible lifestyle...a dream lifestyle...it hasn't been the case for me. The hours are not shorter and the lifestyle is flexible alright but certainly not a dream lifestyle. I am making so much less than when I was in the corporate world.
      I'm not clear whether the OP is asking about quitting another corporate job - or if he's been unable to find another such job since the thread quoted above.

      Simple questions to help make a decision:

      -What did I do wrong last time I tried IM full time?

      -Do I have a better plan now?

      -Do I have realistic expectations this time around?

      -Do I have SOME IM income?
      Signature
      Saving one dog will not change the world - but the world changes forever for that one dog
      {{ DiscussionBoard.errors[10200014].message }}
    • Profile picture of the author Devilfish168
      Originally Posted by kk075 View Post

      I was actually going to say to get that corporate job, but since everyone else said that I'll play devil's advocate here and argue the opposite opinion.

      If you can get a 6k/month job this week, then you can likely get a 6k/month job 6-8 weeks from now as well. And since you have six months of living expenses banked, now is a great time to take a chance. Because the absolute worst that can happen is that you only have 4 months of expenses in the bank when you decide to take a job.

      Here's where the real problem comes in at though- most people are extremely indecisive on where to start. They want to find the perfect niche with the perfect products and the perfect sales funnels and traffic streams, and that alone can take years to figure out. So if you're one of those people, then it makes more sense for you to get a job today and just spend your 1-2 hours a week ironing out your ideas for an online empire. Then once you have a concrete idea, quit and take your 1-2 months to give it a test run.

      In other words, if you're ready to start right now, today....then do not get a job yet. Get to work doing your own thing. If you're not ready to do that though, then get a job.

      There's more to that equation though- the commutes to work, the last minute emergency meetings, trying to get vacation time and all the other stuff that comes along with working for an employer really slices into your quality of life- so you might not want to look at this in a dollar per dollar sense. Most people would rather make less money from home and have total freedom over their schedules....that in itself is almost priceless.

      So if you can make $4k a month from home within six months vs $6k a month with a big firm, I'm guessing you'd rather stay home and keep building your own business. I hope that helped.
      I agreed especially the last time. Have to give and take while do IM after you left your job.
      Because in IM is like open a shop to sell things but virtually .....Every day in fact is challenging too sometimes even weeks don't earn much whereas some days earning not bad.

      whereas job provide a FIX constant income actually if those work as property agents , insurance agents should roughly know IM just like what they doing ..is about getting Sales but in different ways due to the niche selling.

      That why must willing to lower down your expectation on the $$ compare to job.

      for me ...now I jobless ....if i going to apply a new job I have to lower down my wage much lower than my pervious job...

      next you mention try one to two months ...Well I feel one or two months time range don't really justify is it your IM works ? what I experience need few months to see how each IM , program go after test and experience.

      Yes some managed to earn within one month or two..but depend the what services , nichie they do.
      {{ DiscussionBoard.errors[10200022].message }}
      • Profile picture of the author alimov
        Here I can tell you what you have good situation here, not every one on this forum have opportunity to earn $6k and think about other funding sources. Well what can i advice you here is to work on your regular job and do IM business on your free hours. Coz as far as I know you're not IM guru. so continue work on your regular job and try to find your best IM niche which you're good at and after that move on to Full time IM marketer. then it will be good. but now , no no no. do not leave your job.
        {{ DiscussionBoard.errors[10200053].message }}
  • Profile picture of the author EPoltrack77
    If you have no money for a budget then yeah try to sell something or provide a offline service yeah I mean a job will work as well but the idea here is to get some capital that you can set up a budget with for your marketing.

    Don't stress it so much...

    It's easy man, supply and demand. The more competition the better!

    If your an affiliate find a market and niche where people are spending money, pick a product you want to promote and separate yourself from your competition and lead them into the product while of course building a list at the same time!

    Works like clockwork everytime. Yes optimization is required usually. I start campaigns that get 0 results and I make small changes, run the same traffic and bamm lord and behold I'm getting subscribers. Play there a bit and try to hit at least a 30 to 40% conversion n your landing page. From there they go to your free offer and it's from there you need to optimize your prospect to convert on the paid offer for some front end money.

    Get yourself a good product and its that much easier. It's fun!
    Signature
    Working to achieve higher results...
    {{ DiscussionBoard.errors[10200111].message }}
  • Profile picture of the author maclennan
    I would work away with your internet marketing business,part time,until you were making consistent, and enough income to give up your day job, which is everyone's ultimate goal.
    {{ DiscussionBoard.errors[10640279].message }}

Trending Topics