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| | #1 |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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Hi Warriors, Just registered for Warrior forum. I had been reading almost every thread during the last 4 months, and that too from work. ha! I started affiliate marketing exactly two months back. I have three websites now, none of them making any money as of now. But everyday as i learned more and more about it, i just kept getting more frustrated, as i felt the opportunity cost of working for someone else was too high when i could easily utilize those 9-10 hours focusing on my own work. So today turned out to be the last straw. I ran out of luck, and the guy in the server room of the office finally reported to the boss about the kind of sites i was visiting during work hours. I was researching more about how to make my own websites work, than doing the work i was supposed to. In a pretty i-take-no-**** dramatic fashion, i handed my resignation. I know it's not the wisest thing to do considering i should have made some money first, but this is not the first time i have taken a decision that is solely based on intuition and requiring a massive amount of courage. I'm ready to work even harder. I'm ready to design my life the way i always wanted, once and for all. Cheers. |
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| | #2 |
| Resounding Warrior War Room Member Join Date: Feb 2010 Location: Winter Park, Florida
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May I suggest offering services for more immediate income while you wait for your sites to make money?
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| | #3 |
| HyperActive Warrior War Room Member Join Date: Sep 2004 Location: China
Posts: 388
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All the best with your future endeavors! Cheers! |
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| | #4 |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
Posts: 86
Thanks: 104
Thanked 7 Times in 6 Posts
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| | #5 |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
Posts: 86
Thanks: 104
Thanked 7 Times in 6 Posts
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| | #6 |
| HyperActive Warrior War Room Member Join Date: Aug 2012 Location: India
Posts: 133
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That's a brave decision, so good luck! You seem to have started right. The only thing I would recommend against is getting on a buying spree. There's a steep learning curve when you're going through trial and error at the start but it's all very helpful an year or two into it. The little things that you know, the experience you get, all of that counts. Also, as someone else said, you may think of providing some services while you build your sites. It will get some immediate income flowing, but, again, you need to set your own limits. Services can sometimes be easy money, but if you have left your job to do something specific, you'd rather do that. Good luck, again! |
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| | #7 |
| Senior Warrior Member War Room Member Join Date: Jan 2004 Location: Toronto, Canada.
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I personally would not quit a job unless you already have an OK income online. I would look for a new one even though you don't have the employee mindset right now. You need cash flow and it does not seem that you are earning any money from your internet efforts at the moment. I really hope that even though you are going to spend a lot of time online now, since you quit your job, that you get the ball rolling and don't get frustrated if things don't work out. Good luck and never give up no matter what happens. |
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| | #8 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
Posts: 86
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| | #9 |
| Advanced Warrior War Room Member Join Date: Sep 2006 Location: India
Posts: 521
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BRAVO. Good luck and welcome to the IM world.
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| | #10 |
| Ethan's IM Coaching Join Date: Mar 2012
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You sound like a hard worker! Keep positive and follow someone successful and don't re-invent the wheel. You will do it. Most of all.... Keep patience
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| | #11 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
Posts: 86
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| | #12 |
| The CL Dominator Join Date: May 2012
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Good luck on your journey.
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| | #13 | |
| Very Focused! War Room Member Join Date: Feb 2012
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![]() It is exciting times, for you and a bit scary too. The server guy was a bozo and don't take it personally. You were just trying, to better your life. Just do know, that making money online--takes lots of effort, planning and staying with the plan. Your first, rule ..is to find out what kind of business model you want to follow: 1.Affiliate Marketing 2.Product Creation 3.CPA marketing Choose one and then do whatever you can to become great at it. There are many, resources here on the forum, use them and benefit from them! | |
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| | #14 |
| Senior Warrior Member War Room Member Join Date: Jul 2010 Location: Cleveland, Ohio
Posts: 1,169
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I am personally against someone quitting a job until they can replace their income, but good luck...
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| | #15 |
| Suzanne War Room Member Join Date: Jan 2007 Location: Virginia, USA.
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Unfortunately, quitting your job or being let go because you weren't doing the work you were being paid for is approaching working for yourself from a position of weakness rather than strength. It's not a good idea to quit without a hefty savings account to get you through until something you do starts working. If you have any marketable skills, I recommend posting in Warriors for Hire (costs $20 for a listing) and offering your services. It's the quickest way to get some money rolling in. |
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| | #16 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
Posts: 86
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As for the model, i'm into affiliate marketing because i feel it's the next best thing to having a really valuable product. I don't blame the server guy. Everyone has a job, he was doing his. Thanks for the encouragement. | |
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| | #17 |
| Very Focused! War Room Member Join Date: Feb 2012
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I will say this much, these folks are right. Jumping into IM or making money online is no cake-walk, there is no guarantee or anything. Having some sort of income, while doing IM is important. Keep doing IM, but do have a side job and get some income, coming in. Wish you, the best-of-luck! |
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| | #18 | |
| The Jobless Troll War Room Member Join Date: Feb 2007 Location: India
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BUT, if that's the motivation you needed to start shaping your life - good on ya, mate. Am not sure if you're the one who pays the bills at your place, but if you are, I do recommend offering some kind of services to others while you get your sites up to speed. It might be some time before revenue from your sites would match up your salary that you gave up, so it would be good to have something that brings in the money while you also keep working your site. All the best! Sagar | |
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| | #19 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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Thanks. I'll look into the warriors for Hire section. | |
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| | #20 | |
| SEO Specialist War Room Member Join Date: Nov 2008 Location: Manchester, UK
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![]() As far as I'm concerned, offering services is the only real way to make fast money online. In my opinion, the very best way for web marketers to start out is by using their wider range of web marketing knowledge to offer services to local offline businesses - to them, the kind of stuff you know is like rocket science... and possibly just as explosive in terms of ability to make a difference to their business. For example, lets say you go to an existing business & tell them that you can set up list building and marketing for them, put in a form and an incentive to sign up, and one or two follow up messages. To most WMers this is childs play - but to an established business who has never done such a thing before (and I can tell you most have not) this is something which will impress the heck out of them, and when they see the results, may well impress the heck out of them even more. You can easily charge a few hundred bucks or more for doing something like this which would be a few hours work, , and they'll need a list marketing solution so you can sign them up to this using your affiliate link which makes you an extra monthly. This is just one suggestion - think of all the things you know how to do, or that you can get done from someone on here, and make a nice margin from. Then as you go along, create your own sites & work on them - your service work replaces your job as your income until you reach a point where you don't need to offer the services if you don't want to | |
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| | #21 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
Posts: 86
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| | #22 |
| HyperActive Warrior Registered Member Join Date: Feb 2013
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What kind of services do you guys suggest? I also have no job and want to do the internet thing full time. I was thinking I could submit links to social bookmarking sites with a gig on fiver or something? I mean thats fairly easy.....you just log in, submit link and youre done lol. Do you think I'd get many gigs though? I know theres a few people on there that do that
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dope
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| | #23 | |
| Active Warrior Join Date: Sep 2011 Location: Southern Georgia
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Good Luck in the future... | |
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| | #24 |
| GraphicShed.com War Room Member Join Date: Jun 2011 Location: Portsmouth UK
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Its going to be tough under the considering the the circumstances, but good luck to you, and keep this thread updated with how you are doing. George . B |
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| | #25 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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| | #26 | |
| Senior Warrior Member War Room Member Join Date: Jul 2010 Location: Cleveland, Ohio
Posts: 1,169
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The OP says he does not take no sh.. but the world does not need anymore bad asses. One of the I.M commandments is NEVER quit your job until you have money saved and have replaced your income. He is not only off to a bad start but he crippled himself by quitting his job. I hope the best for him, but it is what it is, a dumb move if you ask me. | |
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| | #27 |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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Thanks: 104
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| | #28 | |
| HyperActive Warrior Registered Member Join Date: Feb 2013
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dope
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| | #29 |
| Tony B War Room Member Join Date: Dec 2007 Location: Madison, WI, USA.
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To tell you the truth man... Sometimes its smarter to stick with your job and do this on the side, then to quit and do this full time. The reason I say this is money can work harder than you ever could. Sure, you'll have 8+ hours a day to dedicate to this... But if you have a shoe-string budget you'lll have to focus on free traffic methods like SEO, Forum, Social Media, etc. Those types of traffic strategies are friggin' tedious, tiring and can burn someone out doing it for months on end. Having no money... And dealing with the social isolation this type of business entail is like throwing fuel onto an existing fire. That's why I advise people to not quit their job when they get into this. Sure you won't have as much time, but you'll have money. And that's just as valuable. You can buy traffic, build up your list and promote your affiliate products, which aren't too time intensive. It's more sustainable emotionally too. When you're on this path, you're less likely to burn yourself out. Just my two cents. |
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| | #30 |
| http://articlesmart.org Join Date: Sep 2008 Location: new jersey
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I have been at this a long time and one thing i have learned is that in internet marketing you need 1 .time to do it right ( which you have now} 2. money to pay for hosting training and out sourcing. You will soon learn that you cant do everything with your business and you will need to hire people to do most of it. This is where it gets hard how to spend wisely and get the most bang for your buck. anyway good luck to you.................... you have lots of courage |
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| | #31 | |
| Senior Warrior Member War Room Member Join Date: Jul 2010 Location: Cleveland, Ohio
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| | #32 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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| | #33 |
| Youth of the nations War Room Member Join Date: Apr 2012 Location: Rishon Le Zion, Israel
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Find another job
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| | #34 |
| HyperActive Warrior Registered Member Join Date: Feb 2013
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yes, I am very very blessed. I can do this until I become successful at it with little worry. And that's what I plan to do! I sit at my parents house alone in my room all day on the computer researching and trying new things. To most it sounds like hell, to us it sounds like paradise! well.....minus the fact that I'm not making anything yet lol |
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dope
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| | #35 |
| AWESOME Warrior War Room Member Join Date: Jun 2010 Location: Huntington Beach, CA
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That was kinda unexpected to hear. Most people quit their jobs after making enough from IM to cover their expenses. Regardless, best of luck to you and keep us informed of your progress. |
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| | #36 |
| Senior Warrior Member War Room Member Join Date: Sep 2004 Location: Gulf Coast, USA.
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Sounds like you quit to avoid being fired. There's one basic you need to grasp immediately. At your job - you were "investing" time in exchange for a specific amount of money. You not only need to invest time and money in IM - you need to focus on doing the work required. Decide what you will do - make a business plan, set realistic goals - and get to work. At work, you were cheating your employer by not doing work you were being paid to do. If you goof off in your online business, there isn't any money coming in. Forget the "lifestyle" and the "big money" and focus on a way to produce enough income to replace the job...then go on from there. |
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| | #37 | |
| Pageranker War Room Member Join Date: Jan 2012 Location: Holland
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I tried the Fiverr thing and made 4 sales in like 2 months. I tried to sell SEO services on this forum and it took almost 4 months before it took off, till that time I made like 3-4 sales a month, almost the same as what I paid for the bump fee's. Perhaps it's different with WSO's but not sure if that's what you want as I think most of the WSO's suck really hard but well. Anyway, I admire your courgage, just make sure you have backup plan as you can not expect to make much money in the first months, even not with services unless you are a real marketing talent or have a lot of luck. Especially with SEO services everyone is selling the same so you need something unique, and uniqueness costs money (like your own network for example) but even then it's hard to make sales, about 3/4th of my revenue is repeat business. So you might want to look for a part time job so that you at least have some money for rent and food. | |
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| | #38 | |
| HyperActive Warrior Registered Member Join Date: Feb 2013
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Trust me, I already know it's not "easy" fast money haha | |
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dope
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| | #39 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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Another factor is that my living expenses are very low, not only because i ma from India, but because i follow a minimal lifestyle, spending on "experiences" rather than materialistic things. | |
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| | #40 |
| MarketingFreak War Room Member |
I am on the same shoe Pal.. Gonna lose my job next month too.. I am planning to focus on I.M. Good luck to us all... |
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| | #41 |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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| | #42 | |
| Active Warrior Registered Member Join Date: Jan 2013
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| | #43 | |
| Lee Dobbins War Room Member Join Date: Jan 2006 Location: , , .
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Make your decisions based on the long term goals of your business (which usually means no money now in favor of more money at some future date). Sure, it's all well and fine to offer "services" but don't forget those services are going to eat into the time you have to spend on your business which is the exact reason you stated on the OP that you didn't want to work a job. Providing a service is a job with the difference being you don't get a steady paycheck and you have to go out and find the next client in order to get paid. | |
| Gone Fishing | ||
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| | #44 | |
| Active Warrior Registered Member Join Date: Feb 2013 Location: India
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| | #45 | |
| Resounding Warrior War Room Member Join Date: Feb 2010 Location: Winter Park, Florida
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It requires a great deal of discipline. | |
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| | #46 | |
| HyperActive Warrior War Room Member Join Date: Aug 2012 Location: India
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However, you should keep in mind that while a service might not be your cup of tea, it, too, is scalable. You will, of course, start off by trading your time for money, but *if* you manage to do a good job and get a few clients at the start, you can always build a team that can do the heavy lifting unless you are the very core of your business which, in any case, is a very dangerous situation. I have a few clients who are with us for over two years now. Two years is a long time, and a lot of things change, but that's a great upside of providing a good service. Also, it's a great learning experience. You get to learn a lot about marketing, positioning a business, etc. A service business could be just as scalable as a product business although you have to set up processes, hire the right people, put checks and balances in place, etc. The one thing that I'm always troubled with is people management. It's a pretty difficult task, at least when you are coming off a job where you got instructions from someone else. Having said that, you have to keep your bigger goal in mind all the time. I've made this mistake of missing the forest for the trees, and that's a real setback in terms of time. You keep working on the small things and a few months have gone by already. Review your goals and... you haven't made any progress. -- | |
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| | #47 |
| HyperActive Warrior Registered Member Join Date: Aug 2012 Location: Email-lists.in
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How much did you use to make from your job ? How much are you expecting from IM ? |
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| | #48 |
| Barry Rutherford Join Date: Sep 2012 Location: Ohio
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I like this approach. It's called 'burning the ships' so there is no retreat. Kind of like when the Spanish invaded South America. There's no turning back so you have to keep fighting now! Good luck! |
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| | #49 | |
| Super Active Ghostwriter! Join Date: Apr 2010 Location: London, UK
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So, now, work hard and play hard! ![]() Good luck Yoan | |
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| | #50 |
| Top Gun Copywriter War Room Member Join Date: Sep 2006 Location: Austin, Texas
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Congrats for having the cojones to do that. Most people don't. That alone could set you up well in the online world. Good luck from here. You might find the extra free time you have now is a big difference maker. Back when I quit my day job, it only took me 3 weeks to triple the monthly income I was previously making. Go make some money! -David Raybould |
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