How Can I Earn Enough Online To Quit My Job?

[RoyChan]

Originally Posted by jbsmith

Ok - I'm going to suggest a slightly different path, given that this is the way I started and it still holds today...

1. Pick a market where you have both an interest, some experience or at least a desire to dig in and learn about it, and has some proven buying activity around information (ebooks, dvd's, seminars, workshops, etc...) There are thousands of possibilities from broader health & wellness, business, hobby, relationships, personal development....etc fields.

2. Dig into the niche and learn what problems or desires people are trying to overcome/realize...now put together a "solution" to one of those challenges to give away - your objective is to begin building a list. This could be a report, a video, an ecourse, a mini-ebook, a telephone interview....it doesn't matter so much what it is rather that it answers a pressing question for your marketplace.

3. Begin to drive traffic to a landing page (either using paid traffic or using content to generate traffic) and build a list of those who want your giveaway.

4. As soon as they get your giveaway, you begin balancing giving them valueable information and marketing affiliate products (eventually your own products) for profit.

This front-end system can be put together in a matter of a couple weeks - traffic generation can be instant through paid traffic or grow well within weeks if you use aggressive content generation techniques (free).

The good part of this approach is that you are building a bond with your prospects and can try different offers and products to them - your conversion rates will be higher than just sending them to a page once (yours or someone else's) and many of them will become customers for life as you build your business.

Jeff

Jeff, good suggestion. In fact, if any of you would like to follow this path. There are three good resources that you can use:

1) AffiliateBlackBook.com by .X.
2) Opportunity.com by John Reese
3) Ultimate Affiliate System by Allen Says

I have both resources of 1 and 3 above, they re brilliant. For 2, John's stuff seems to be on the similar path -

If you are new, I recommend you join the War Room here on the forum and devour the idea 3) first. Allen laid down the steps and the logic behind it. If you want a more hand-holding approaching, .X. is the man.

Hope you find it useful.

Cheers
Roy

[Marc Jager]

I noticed at least a couple of people wishing they had more time to pursue their IM - ie a job that was easier or had shorter hours.

Look for jobs where you are in a caretaker role.

Most security companies are short on pc savvy staff, so when you rock up and tell them you're good with computers, chances are you can score a cushy job like mine alarm monitoring. Just ask if they have any alarm monitoring or CCTV monitoring positions.

All day long I'm browsing the net.
Now I have time to learn IM.

[ColinD]

Hello Sara

There's some great advice here.

Good to hear that you're not planning on quitting your day job just yet.

Although I've witnessed it, I can't relate to the "hate job ... hate boss" thing - I've been very fortunate in that regard, I suppose

If I can just mention something related to this - in this situation, it's always good to keep a clear head, and not let emotion run wild, but I think you're doing great in this area.

I worked as a contractor for several years, and then ran my own corporation for 5 years, and there's one thing that's as sure as gravity - a business takes time to build.

My web ventures are part-time (web sites and virtual contract), so I can't speak about making a living off the web, at present, but I can tell you about my son, Bronson.

He finished school the end of 2007, and wanted to study graphic design. He did a course with an advertising school, and after getting his diploma he sent out about 4 or 5 resumes - the work situation in South Africa is not any different to other parts of the world (especially for someone with no experience).

Instead of just sitting around and moping, he began asking me about a web site - long story short, the beginning of last year I gave him a Site Build It! site, and honestly he's been making a living off his site since June last year. It didn't start with a bang - the first few months the money came in slowly, but it's grown to the point where he now makes the same (maybe more) than he would if he worked as a junior graphic designer offline. And his is just offering his design services - no affiliate or AdSense income.

Although he did get some help from me, he mainly read the SBI! Action Guide, and other articles, and steadily built up his business to where he is now. Of course, not satisfied, he's busy re-designing his site, and will be starting a pay-per-click campaign in the near future.

Some talk about the cost of Site Build It! as being high. Consider how many businesses can be started for $299 - and that's what SBI! is - it's about starting and running a real online business.

Sara, I would say yes, you can make money online, but it's not something that happens overnight, no matter what anyone says.

Hope that helps.

Best regards.

Colin

[Poppy61]

Do you have any special skill? For example, may be you are good and fast at writing or you have good designing skills?
I have seen many people starting online as a freelancer. That's indeed a good way to get started online. Once you make some money as a freelancer, you may invest someone towards developing other online business models.

If writing or graphic designing is n't your cuppa tea, you may get started with affiliate marketing. Choose a niche, pick up a product from clickbank and start promoting it.
You would need some investment (not much ) for registering your domain and buying web host.
There are several guides available some, some good yet free tips on affiliate marketing- you may do some reading and get started.

Whatever, you do be steady and focussed.
Don't expect to get rich overnight.With consistent effort and time, you will sure make dollars online and soon you will be able to quit your job for good.

God bless,
Your friend,
Poppy

[edwellman]

It can be hard to wade through all the millions of ways to make money online, especially when you're given so many suggestions at once.

You need to focus on ONE effective method that you are comfortable with.

I suggest you find yourself a mentor who has been there and done that to show you their methods and techniques.

It can really save you years of frustration and learning.

Good luck escaping the rat race!

[dimitri.richko]

Hey,

I would recommend you learn some basic html, read warriorforum every day.. and after that create some review websites and try to sell others products.

Or you may start informative blog and make some money from google adsense

You have to start somewhere...

[JackPowers]

Originally Posted by Philarmon

Actually you need to do more than $40 per day. You DO plan to pay taxes from your income, aren't you ?

I thought that was what offshore accounts were for?

[YseUp]

I have a question. Out of everyone who has replied to this thread, who is a full time IM'er? And out of those full timers who quit their job before they were making enough money to survive and who saved up a little money and commited 100% to their dream?

Just wondering because I see a lot of people who are not full time IM'ers giving advice on how to forever be a part timer IMO.

[Cyrus]

Involve in more than one thing, I would recommend

* Affiliate Marketing (Its fastest Money)
* Bloggin
* eBook report selling

[JackPowers]

Originally Posted by YseUp

I have a question. Out of everyone who has replied to this thread, who is a full time IM'er? And out of those full timers who quit their job before they were making enough money to survive and who saved up a little money and commited 100% to their dream?

Just wondering because I see a lot of people who are not full time IM'ers giving advice on how to forever be a part timer IMO.

Yeah, I'd like to hear from full time Im'ers as well.

I make a living full time from writing, but I don't think that's what the OP was asking for.

[Kurt Henninger]

I do internet MLM full-time, and really how I was able to completely quit was a diversified income stream, not just one product or anything.

Several different checks from different revenue streams.

The other thing I did was invest in educating myself on Internet marketing methods, and copywriting.

Finally, I executed like hell until I got to where I wanted. That is where most people fail.

[nobodyreal]

Originally Posted by reikidad1961

Ok she gets it, don't quit her job, she said she isn't planning on quitting her job. Doesn't anyone read the posts before hitting that reply button? You're giving her the same advice over and over.

Thus the bane of WC is identified.

Also, why are people suggesting article marketing? That type of internet grunt work is probably the worst work in the world. It would be better to work at McDonalds or go door to door offering to clean up dog crap.

Seriously, you are talking hourly rates of $3 and $4. It's well below minimum wage.

[MIB Mastermind]

Well here's what I did, I picked one thing I wanted to do (in my case PPC)
I then studied everything I could about the subject for about 2 month solid
for around 4hrs a night after work,

all the while I was saving some money to invest in my first campaign, needless to say my first 2 or 3 campaigns were not profitable and I lost close to half my investment but I never gave up and with my next campaign I was in the black,

I have never looked back since, and I managed to scale it up within 3 months to the point I was eclipsing my paycheck, now I do this full time which is great, but the key here is to continue learning each day,

become a sponge for information and initialy concentrate on one specific skill set and apply what you learn, this is also a key point, too many people don't apply what they've learned (I've been guilty many times) so don't fall into that trap and become lazy, and believe me you will be successful.

[turbohips]

My vote......web cam baby.

[RentItNow]

#1 Find another job that you like.
#2 Quit your job as it is eating your life (at least it sounds like it).
#3 Begin building up a product of your own (takes a couple months usually to start makin' $)
#4 Build it up till you can quit the new job as well.

I know where you are at hating your job. You need to get out of the frame of mind that IM will solve that problem for you. Getting another job will.

[tush]

ColinD wrote:

Instead of just sitting around and moping, he began asking me about a web site - long story short, the beginning of last year I gave him a Site Build It! site, and honestly he's been making a living off his site since June last year. It didn't start with a bang - the first few months the money came in slowly, but it's grown to the point where he now makes the same (maybe more) than he would if he worked as a junior graphic designer offline. And his is just offering his design services - no affiliate or AdSense income.

Although he did get some help from me, he mainly read the SBI! Action Guide, and other articles, and steadily built up his business to where he is now. Of course, not satisfied, he's busy re-designing his site, and will be starting a pay-per-click campaign in the near future.

Some talk about the cost of Site Build It! as being high. Consider how many businesses can be started for $299 - and that's what SBI! is - it's about starting and running a real online business.

I agree with ColinD 100%. I have not seen a product on the web which delivers like sitebuild it. They don't hype. What they promise is that they give you all the tools in one place, they guide you on how to find something you are passionate about and write content.... the rest follows. What they ask is you provide the BAM ie brain and motivation. They have no hidden costs. Whether you are going into affiliate marketing, info products, I believe SBI is a wonderful tool especially for those who don't have alot of experience with internet marketing. They will help ypu get started on the right path

All the best.
Annette

[kimvalerio05]

There's a lot of ways to earn money online, other than of course you have to learn what those ways are and how it was made. So if you want to have big incomes takes time to learn it all. Now it's up to you if you will quit on your job. Hope you have a good decision.

[bgmacaw]

Originally Posted by tush

I believe SBI is a wonderful tool especially for those who don't have alot of experience with internet marketing.

Especially people who don't have enough experience to know that the SBI system is vastly overpriced, severely limited and technologically outdated.

[tush]

bgmacaw wrote,

Especially people who don't have enough experience to know that the SBI system is vastly overpriced, severely limited and technologically outdated.

If I may ask, when did you last try SBI? How many people do you know who are involved with SBI? Did you know that there are many seasoned webmasters and online gurus who fall in love with SBI after landing on it? And, I have not seen many people who are with SBI who say that it is overpriced. Most people who say this usually have no clue on what SBI offers. But as we all know, no product is perfect for everyone ofcourse... but, having bought several programmes on the web, I would say that I got my money's worth... infarct way more.

The ideal situation is to find what suites an individual and follow it. SBI is what has worked for me. I would rather go with something outdated which delivers than with a modern things which leaves me frustrated. If you could share what has worked for you, maybe that would help us.

[DASHBOY]

Hi

I will say it again don't quit your job start doing internet marketing in your spare time first its going to take a little time to learn.

Document your online journey with a blog whats working whats not so other people can learn from you. Build a list once you have a decent size list give your subcribers good info. Send related affiliate products to them, don't spam them with them. Then watch the money come in. After a few months of this tell your Boss where to stick it.

Cheers

Graeme