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Unread 22nd February 2013, 11:00 AM   #1
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Default Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:02 AM   #2
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Default Re: Quit My Job Today. My Journey Begins...

May I suggest offering services for more immediate income while you wait for your sites to make money?

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Unread 22nd February 2013, 11:03 AM   #3
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All the best with your future endeavors!

Cheers!
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Unread 22nd February 2013, 11:06 AM   #4
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Default Re: Quit My Job Today. My Journey Begins...

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May I suggest offering services for more immediate income while you wait for your sites to make money?
yes, that's very much on the agenda. In fact, freelancing is a huge part of my plan.

By the way, how do i thank a post?
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Unread 22nd February 2013, 11:07 AM   #5
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All the best with your future endeavors!

Cheers!
Thank you!!
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Unread 22nd February 2013, 11:07 AM   #6
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:07 AM   #7
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:11 AM   #8
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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!
Thanks. Yes, i have read a lot about the shiny syndrome or something like that. I will avoid that. Though i had already bought Mark Ling's product much before.
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Unread 22nd February 2013, 11:11 AM   #9
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BRAVO. Good luck and welcome to the IM world.

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Unread 22nd February 2013, 11:12 AM   #10
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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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Unread 22nd February 2013, 11:12 AM   #11
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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.
Thanks, but i like situations in which I'm under immense pressure. Having everything ready before quitting would be too easy for me. After all I'm an Arsenal fan
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Unread 22nd February 2013, 11:15 AM   #12
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Good luck on your journey.

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Unread 22nd February 2013, 11:21 AM   #13
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Originally Posted by GoonerPride View Post
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.
Good luck! If i can help you in anyways...send me a pm

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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Unread 22nd February 2013, 11:23 AM   #14
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Default Re: Quit My Job Today. My Journey Begins...

I am personally against someone quitting a job until they can replace their income, but good luck...

Ready to make your first $50 commission? learn how my 15 year old daughter turned $10 into $1900 in Commissions

Quit wasting your time, and make your first REAL buck online.

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Unread 22nd February 2013, 11:24 AM   #15
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:26 AM   #16
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Quote:
Originally Posted by TeamBringIt View Post
Good luck! If i can help you in anyways...send me a pm

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!
Yes, i know it takes a lot of effort. Not knowing the technicalities, i found it pretty hard to set up my websites. But now it's a walk in the park.

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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Unread 22nd February 2013, 11:27 AM   #17
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:27 AM   #18
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Quote:
Originally Posted by GoonerPride View Post
In a pretty i-take-no-**** dramatic fashion, i handed my resignation.
I think you got what you deserved from the company you were working at. You were working on your own stuff on the company's expense and time.

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!

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Unread 22nd February 2013, 11:28 AM   #19
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Originally Posted by sbucciarel View Post
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.
I agree, but it's just that i have a plan, and i'm pretty confident of myself.

Thanks. I'll look into the warriors for Hire section.
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Unread 22nd February 2013, 11:28 AM   #20
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Originally Posted by Chris Hardee View Post
May I suggest offering services for more immediate income while you wait for your sites to make money?
What he said...
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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Unread 22nd February 2013, 11:31 AM   #21
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Quote:
Originally Posted by Sagar Mehta View Post
I think you got what you deserved from the company you were working at. You were working on your own stuff on the company's expense and time.

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
True. As i said, offering services is a big part of my plan.
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Unread 22nd February 2013, 11:32 AM   #22
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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

dope
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Unread 22nd February 2013, 11:34 AM   #23
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Quote:
Originally Posted by GoonerPride View Post
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.
The job you was working for, could you do the same work and make money with that? If you so, i would start with that.

Good Luck in the future...
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Unread 22nd February 2013, 11:36 AM   #24
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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.

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Unread 22nd February 2013, 11:38 AM   #25
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Quote:
Originally Posted by TeamBringIt View Post
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!
Thanks, but working for someone else isn't a cake-walk either, especially for reasonably intelligent people. The opportunity cost is too high, which just cannot be offset by appraisals, unless you are working with a very well reputed company in particular niches like investment banking, consulting, etc. Not only that, i feel it's a waste of one of the biggest natural assets that we possess - time.
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Unread 22nd February 2013, 11:41 AM   #26
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Quote:
What kind of services do you guys suggest?
Honestly I don't see any services that pay enough money to pay bills right away. You can do writing and graphics, but even that is a small price.

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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Unread 22nd February 2013, 11:41 AM   #27
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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.

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Unread 22nd February 2013, 11:43 AM   #28
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Honestly I don't see any services that pay enough money to pay bills right away. You can do writing and graphics, but even that is a small price.

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.
Being a 19 year old kid that lives at home, I dont have to many bills to worry about other than my autoresponder and hosting. Good avenues to offer graphics and writing on? I just need to stack a lil dough for some PPC and next months hosting bill lol I have some photoshop experience

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Unread 22nd February 2013, 11:43 AM   #29
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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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Unread 22nd February 2013, 11:46 AM   #30
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:46 AM   #31
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Quote:
Being a 19 year old kid that lives at home, I dont have to many bills to worry about other than my autoresponder and hosting. Good avenues to offer graphics and writing on? I just need to stack a lil dough for some PPC and next months hosting bill lol I have some photoshop experience
Not everybody has that safety net of living at home with their parents, but for you to cover your hosting and autoresponder bills, you can start a gig on fiverr. Also you can take out a thread in the warriors for hire section and build your portfolio here. There are 500k hungry internet marketers here on the WF, so you couldn't ask for a better marketplace

Ready to make your first $50 commission? learn how my 15 year old daughter turned $10 into $1900 in Commissions

Quit wasting your time, and make your first REAL buck online.

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Unread 22nd February 2013, 11:47 AM   #32
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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.
But you can earn that money through freelancing and working on your own. Freelancing just does not have to be online. I plan on getting at least 4-5 different income streams. Intially, it all maybe equally time consuming, but once you master it, it does become less tedious. This is not the case if you are working for someone else.
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Unread 22nd February 2013, 11:47 AM   #33
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Find another job

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Unread 22nd February 2013, 11:48 AM   #34
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:48 AM   #35
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:49 AM   #36
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 11:56 AM   #37
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Default Re: Quit My Job Today. My Journey Begins...

Quote:
Originally Posted by New Comer View Post
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
People talk a little bit too easy about offering services and making money fast.

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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Unread 22nd February 2013, 12:00 PM   #38
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Quote:
Originally Posted by nik0 View Post
People talk a little bit too easy about offering services and making money fast.

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.
I think Im supposed to go back to my job soon, but Im debating if I want to or not. I live at home so Im basically "mooching" off my parents but they don't mind. They know Im not just bumming it here and I hardly ever go out or do anything. I started off selling beats online but now Im wanting to branch into other things. I know theres tons of money out here, I just have to find my niche!

Trust me, I already know it's not "easy" fast money haha

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Unread 22nd February 2013, 12:05 PM   #39
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Default Re: Quit My Job Today. My Journey Begins...

Quote:
Originally Posted by nik0 View Post
People talk a little bit too easy about offering services and making money fast.

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.
Yep thanks, I've saved enough to live comfortably for the next 8-9 months. And i'm pretty sure i will be making more money by then than what i was making now.

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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Unread 22nd February 2013, 12:06 PM   #40
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 12:09 PM   #41
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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...
Great, but make sure you've done your home work. I certainly have.
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Unread 22nd February 2013, 12:24 PM   #42
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Quote:
Originally Posted by GoonerPride View Post
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.
This is simply awesome man. Do you know how few people actually do this? You are a minority and only minorities make money.... Best of luck for all that comes ahead. You will do good...

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Unread 22nd February 2013, 12:34 PM   #43
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Originally Posted by GoonerPride View Post
Yep thanks, I've saved enough to live comfortably for the next 8-9 months. And i'm pretty sure i will be making more money by then than what i was making now.
It's good that you have that money saved. Just make sure you aren't making business decisions from a place of desperation because you need money now.

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.

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Unread 22nd February 2013, 12:39 PM   #44
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It's good that you have that money saved. Just make sure you aren't making business decisions from a place of desperation because you need money now.

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 over "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.
That's true but in the initial stages, a lot of my plan does depend upon freelancing and offering services. I'm trying to create an online portfolio, which will ultimately tilt towards working on only those things which are under my control.
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Unread 22nd February 2013, 12:42 PM   #45
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Default Re: Quit My Job Today. My Journey Begins...

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Originally Posted by cashcow View Post
Sure, it's all well and fine to over "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.
This is so true. It can be a challenge to write for others when you want to work on your own projects.

It requires a great deal of discipline.

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Unread 22nd February 2013, 12:54 PM   #46
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Default Re: Quit My Job Today. My Journey Begins...

Quote:
Originally Posted by cashcow View Post
Sure, it's all well and fine to over "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.
This is very, very true.

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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Unread 22nd February 2013, 01:21 PM   #47
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Default Re: Quit My Job Today. My Journey Begins...

How much did you use to make from your job ?
How much are you expecting from IM ?

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Unread 22nd February 2013, 02:19 PM   #48
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Default Re: Quit My Job Today. My Journey Begins...

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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Unread 22nd February 2013, 02:23 PM   #49
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Default Re: Quit My Job Today. My Journey Begins...

Quote:
Originally Posted by GoonerPride View Post
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.
I used to read the WF from work too and one day I gave my resignation too! Best day of my life! Truly! So, I wish you the best of luck!

So, now, work hard and play hard!

Good luck

Yoan

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Unread 22nd February 2013, 02:32 PM   #50
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Default Re: Quit My Job Today. My Journey Begins...

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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