How long before you can quit your job?

22 replies
Hi

I was just wondering on average how long can it take a rookie but hard working blogger to grow his business to the point where they can earn enough to live on? If there are any people who currently work for themselves it would be cool to know how long it took you
#job #long #quit
  • Profile picture of the author Marc Rodill
    The number you need and even the strategy for getting there is obviously different for everybody. My past shows a pattern of quitting before I'm ready, so then I've got to succeed no matter what.

    That doesn't work for a lot of people who are, probably, smarter than me and more disciplined. And I wouldn't recommend it for most people. First - how much money do you absolutely need? Decide from there.

    I've known plenty of people who continue to work their job for years, even as their own business is pulling in more profits than they need on the side. I don't understand that at all. But there's not a one-size fits all approach.
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  • Profile picture of the author Steve B
    Originally Posted by theskillsbox View Post

    I was just wondering on average how long can it take a rookie but hard working blogger to grow his business to the point where they can earn enough to live on?

    Sorry, but this is a totally pointless question.

    Every marketer brings to the table a unique set of skills, passions, knowledge, ability, past experience, training, and education.

    Every niche is different, every product or service is different, how you decide to market and sell is different, and the timing of when you enter your market is different.

    Every person brings a different amount of resources, start up money, time to work on the business, will power, and drive to the table.

    Every audience that forms your pool of potential prospects is different and unique depending upon how you position your business.

    What someone else has done in the past has absolutely no bearing on what you can do, should do, or probably will do.

    What they have done, if it's good, should not motivate you because you won't do the same. What they have done, if it's bad, should not discourage you because you won't do the same.

    Steve
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  • Profile picture of the author kimanierick
    there is no definite answer for that question. growth will depend on an individual. their skills, knowledge, passion, patience and persistence among others. you might be growing but growing in the wrong areas so you need to understand yourself very well. WORK SMART
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  • Profile picture of the author yukon
    Banned
    Originally Posted by theskillsbox View Post

    Hi

    I was just wondering on average how long can it take a rookie but hard working blogger to grow his business to the point where they can earn enough to live on?

    You tell us, are you starving yet?
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  • Profile picture of the author Steve L
    Originally Posted by theskillsbox View Post

    Hi

    I was just wondering on average how long can it take a rookie but hard working blogger to grow his business to the point where they can earn enough to live on? If there are any people who currently work for themselves it would be cool to know how long it took you
    I don't think blogging is a great way to achieve this. Blogging is a traffic generation method, not a business in itself. Sure if you get a kajillion visitors a month you'll make some money on advertising but if you look at the growth of ad blockers, that is a dying model IMO.
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  • Profile picture of the author Trey Morgan
    There is no guarantees when it comes to building a real business. It could take 3 months. It could take 6 months. It could take 6 years. It depends on your resources, your work ethic, and a little bit of luck (luck= when preparation meets opportunity).
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  • Profile picture of the author gvidass
    It totally depends on you I would say. Some people might have to work few years to accomplish this goal others more or less...
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    • Soon as you strangle your boss to death in a fit of hubris.

      With him gone, you got a promotion, prolly better pay.

      An' if you don't like that, quittin' is a whole lot easier because ur now the boss so you can do what you like.

      An' if nonea this works out, at least you had the courage to try.

      That said, I recommend this as a thought exercise only, jus' to make the math bearable.
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  • Profile picture of the author blitz20
    You quit your job when you start making the same money for 3-6 months and you know its stable
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    • Profile picture of the author nzchick
      Some advice I have seen is to have 6 months to a years salary behind you before you quit. Who knows your circumstances?
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  • Profile picture of the author megamind22
    Quite simple. The time can not be determined. It could be sooner or later if you put the required effort but when you start realizing that the income is becoming very steady for a few months or a year then you'll be able to decide.
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  • Profile picture of the author Randall Magwood
    Depends on how much money you're making from your job... or .... how much you're comfortable living off of. If you're looking for an equation that makes it simple in terms of proportions.... then get your calculator out and figure it out for the next 10 minutes. It's a simple Algebraic equation.
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  • Profile picture of the author massiveray
    It depends on how well your blog is set up to monetise.

    If you have a funnel in place that converts into money then you can launch your blog and quit your job in 1 day.

    My blog makes money from 4 types of traffic in different ways, each one is designed specifically for the traffic source and at converting that source.

    The success of any blog depends on how well it converts visitors into money, then it is simply a case of dropping traffic into it, which is extremely easy if you know your numbers.

    I'd work on setting up a working funnel to get people onto your list via paid and then sell them products via retargeting ads and your email list. At this point set up some new traffic sources, forums, guest posts, organic search traffic, buying your way onto other peoples list etc etc

    Then simply optimise and test until you match your current income, then ditch the boss.
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  • Profile picture of the author theskillsbox
    Right okay, Thank you for your advice
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  • Profile picture of the author LesterRussell
    Don't be in a rush to live off the initial profits from your blog. Re-invest it to provide better traffic which will allow faster growth. Only quit your job after your blog has actually shown the capability in bringing in a stable income.

    As tempting as it is to be doing it full-time, you definitely don't want to land yourself in a position where you quit your job and your blog is unable to sustain your living expenses.
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  • Profile picture of the author Charles Harper
    I didn't quit, actually.

    I worked at a boarding school.

    I was in a situation that would have had me either leaving my kids unsupervised due to a change in policy or do the job.

    I left.

    Here is what I would tell you based on that experience.

    First, this is less about a blog or the passion for one then it is about whether or not you're going to be the kind of person that will do what is necessary and sacrifice for your business.

    For example, if while you're becoming the premier expert in your niche, and your life and business requires you to Freelance in order to make it work...are you willing to do that?

    Are you willing to give up luxuries and entertainment when needed? Sometimes...many times, everyone else will be chillin' and you? Well...you'll have that affiliate promotion or that interview for your blog that you have to do. It's not like this all of the time, but it is sometimes.

    I ask that because, there will be many days, you'll want to say "...screw this...life was easier when I had a job". There will be many really good days though, where you go to a marketing conference during a weekday or you get to a restaurant in the middle of the day and it's just you. If you're not willing to sacrifice and make something work...keep your job.

    But if you are, I think what they teach you in Business School is still valid. You need some kind of sustainable competitive advantage. If you don't have one, you'll need to make one. This doesn't happen overnight typically. Heck even if you decide you want to do "Draft Kings" or Poker, you've got to study up as much as Chess Grand masters to beat computer algorithms.

    In other words, I'm sure its over used and made trite by now...Cal Newport, wrote a book called "So Good, They Can't Ignore You". Are you willing to be that, in your niche? He talks about Malcolm Gladwell...I know, you could poke holes in both his and Anders Erickson's theory, but the point is valid. It takes time to be recognized as an expert.

    Blogging in and of itself is not a business, it's a trade. You have to learn every aspect of that trade just as a plumber would and how it makes money for you.

    And like plumbers, you may decide that the best way to pay your bills is to farm your skills out, while you build up your "plumbing business"...hiring other plumbers, partnering with others.

    This is really hard for most of us commenting, because we have no idea how old you are. Do you have a wife? Do you have kids? Are you going to school? Do you have skill and expertise in an area that others don't?

    So, I'm choosing to focus on your question which is blogging. This is not a "where do I think you should start" answer. This is a "how can I best answer your question" answer.

    That said, I ultimately think you have to be willing to stick with this until it succeeds instead of hopping around to other stuff...if it's going to be about the blog. That means building the blog is your "business" for which you may need a job to feed it until it's sustainable on its own.

    What does sustainable mean? Something different for everyone...that's why whether not you have or want to have a family is important. Because here is the thing about information marketing, at some point for it to be sustainable, people need to be seeking you out, NOT because you can "get traffic" but because they want what you have (products, service, information...whatever).

    Are you wiling to create something that people seek out because it's cool, or because they need it or because they like it?

    My two cents...

    Sincerely,
    Charles
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  • Profile picture of the author allegandro
    Between 1 day and 30 years.

    It depends on so many different factors, that it's impossible to answer.
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  • Profile picture of the author DURABLEOILCOM
    Originally Posted by theskillsbox View Post

    Hi

    I was just wondering on average how long can it take a rookie but hard working blogger to grow his business to the point where they can earn enough to live on? If there are any people who currently work for themselves it would be cool to know how long it took you
    When you are making as much or more than your current job/position.
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  • Profile picture of the author sdentrepreneur
    I changed careers in 2007 from a business owner, to an Internet Marketing Consultant. So...I had no choice but to make it work. I made $4K my first month and haven't look back since.

    Many people fail because they try to "make money online" while trying to keep a Full Time Job.
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  • Profile picture of the author Jake Sacks
    There is absolutely no way to gauge this. It all depends on methods being used, expertise level, work ethic, how much is needed, etc.


    Answer those questions and then someone may be able to help you.
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  • Profile picture of the author dlane1987
    There is no real answer to this. You can quit your job when you make enough money to. The other way to look at it is you will be replacing a job with set hours and set wage with one that will demand all your time and have no guaranteed money.
    Some people do both.
    Regular income from a job and build passive income on the side as a supplement I have loads of posts about this on my blog in my signature..
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