I'm thinking about taking a leap of faith...

[Abraham16]

hey guys.

I've had this on my mind for a few days now, and I'm NOT saying I will do it, I'm just thinking about it, and I want opinions from people that maybe have done something similar in the past.....?

See, if you see my thread (My First money made online! YES! Thanks Amazon!) you will see that I finally know what making money online is. I haven't had any checks sent to me yet, but I know what it feels like now, and I can't wait to improve what I'm already doing (wanna know more? See the thread to know what I'm talking about).

This is what is bothering me:

My job takes A LOT OF TIME from me. And from here, on my free time, I do what I can to go at my own speed, with doing market research, or maybe learning how to offer a couple of services to offline businesses.

I mean. It's a lot of things I have in mind, and I feel like I just don't have time for all of what I want to do cause I'm here!


So.... What if I quit?


And the thing here is, I'm willing to take ALL THE ACTION POSSIBLE to work faster than I am right now, and start making money very soon! But, this job is taking a lot of time from me, and I feel it's holding me back! (and the transportation back and forth too, more than an hour to go there, and come back home).


So yeah. Again, I'm not saying I will do it, but I sometimes feel like doing it! It's insane!!! it sometimes drives me crazy how much time this takes from me!


Can anyone here relate? I sure hope so. I have no idea. (I will probably end up just not quitting and waiting till I have a decent income online to quit, but the other part of me wants to take the risk!)

[Warrior Roy]

I have the same problem, but I'm going to develop a regular cash flow that equals the cash flow from my job. If it looks like that is going to increase from there, that's when I will quit.

[Breakinglink]

I think you should read Dan Miller's blog or book "48 Days To The Work You Love". He is my trusted source when it comes to transitioning out of a job to doing something of your own.

I will save you a little time and tell you what his suggestion would be. You should keep it part time until you are making at least half of your income. At that point you could consider quitting your job.

The point of this advice is that it is a bad idea to just jump into a new career when you are self employed. The last thing you want to do is be working from a place of desperation because you will be unable to have a clear mind when it comes to your decisions.

Best of luck to ya!

[tryinhere]

Originally Posted by Abraham16

Can anyone here relate? I sure hope so. I have no idea. (I will probably end up just not quitting and waiting till I have a decent income online to quit, but the other part of me wants to take the risk!)

Deciding to leave work is no more than a wishful fantasy and if you even have to ask the question should you leave then the answer is defiantly no as your not ready.

In most cases if you are so sure you can make this work then make leaving work as your reward for replacing your income, not a wish and a hope as you wave magic fairy dust around while pulling on your rose colored glasses before devouring another serving of bull crap that for pennies down you can live on a beach while surrounded by honey babes at your call.

For those who really leave and take the challenge it will most cases come down to 2 things, one is the they blinded by the dazzling lights and bull crap akin to a rabbit caught in cars headlights soon to be run over and land back in a world of reality. Which would be most who get this far.

Or you have balls of steel to take on the real world at your game, the mental attitude the desire to win at any cost, the ability to endure hardship and go right to the wire and beyond and not buckle under pressure. This mindset needs to be steel / focused and its based on very sound knowledge, information and ability, not pie in the sky looking for some lovin.

Only you know your game plan, and only you can make the call, good luck with it.

[Rose Anderson]

My first question would be... are you single? (If you mentioned that and I missed it, then I apologize.) If you are single and your expenses are low then it makes taking the risk a lot easier. Or if you have a spouse who's working and willing to help support your business for awhile, that helps, too. Especially if they have access to health insurance. But if they're not onboard with the idea it will be a struggle.

Obviously, saving as much money as possible before you make the jump is a good idea. But in the end, it's your decision to live with either way.

Good luck with whatever you choose
Rose

[David Raybould]

Abraham-

Before you quit your job, try
refocussing your efforts.

You say in your thread you
made your first money through
Amazon.

Awesome. Congratulations.

But before you think about quitting
work, give it a few weeks of JUST
focussing on Amazon in your free
time. Forget about the local biz
stuff.

Instead, concentrate on where that
first dollar came from, and position
yourself to have more dollars flow
to you.

A little focus and concentration can
work wonders - even if you have a
full time job to juggle.

Good luck with it.

-David Raybould

[Jeffery Baxter]

Well before any college students who are staying with their parents come in and tell you to take that leap, let me drop some wisdom.

I understand what it's like to want to take that leap of faith and quit your job because of the excitement and endless possibilities. But, you also have to consider other things.

I don't know if you're married, have kids, etc, but if so that would be insane to do such a thing. I would advise keeping your day job until you're making money consistently with your Internet Business and also using extra cash from your "job" to re-invest!

Jeff

[skeffling]

I agree, hang in there a bit longer. I know that urge and that dream, it has what has kept me hammering away at this for the last 6 months. I am just about to quit work (which I loathe) in August after earning the $2,000 a month I need coming in to pay my part of the house bills here.

It was earned from Amazon too, on Squidoo actually, which is quite a fast result. I am spending the summer reinvesting all those earnings into outsourcing content, so when I do quit the earnings level should be even higher and more stable as a result of spreading the risk over more income streams.

So hang in there. If you are truly onto a winning predictable income stream, leverage your time with that job income you are earning and try outsourcing free lance writers to get your content written or a limited project VA to get your web pages up faster than you could do it.

Congratulations on the earnings BTW. It feels great doesn't it?

[Brian Maroevich]

Bro, that is the difference between a entrepreneur and a person with a job. An entreprenuer takes risks, and never quits. I quit my job in my early twenties vowing never to work for someone else again. I came close a few times to working for someone, but I stuck to my guns. It wasn't easy. But now that I look back at it, I am happy.

There are many different ways to make money online, and it's not easy. But you can replace your income if you work hard, smart, and have patience. Heck you could even become a writer and make a nice income while you develop your websites and monetize them.

That's how several people have done it. I think that's how Tiffany Dow started, but I am not sure.

Good luck :-)

[sanjx01]

I decided when I started that this was what I wanted to do, and that I was going to make this work.

Because I made that decision, I quit my job and did IM full time. 6 months later, I started making a full time income.

Now - I'm not saying this is right for you, but it's what I did.

Don't do something like that unless you are 100% certain that you are going to do whatever it takes for success - which means focusing on one method until you master it with consistent results.

Hope that helps!
~S