Who here has gone from a regular income to internet income?

Scott Ames · 06-25-2009, 07:46 PM

When you have a regular paycheck for years, did you have trouble getting your head around being paid when your profits come in? Did you have an panic attacks or feel that you had to work extra hard to make sure that income doesn't stop?

gianne2705 · 06-25-2009, 09:57 PM

I always make sure to have atleast 40-50 hours of work in a week.Like the ordinary job offline going to office everyday so that you can have your payment at the end of the month

bryanclark · 06-26-2009, 02:18 AM

When I first started, it was pretty scary not knowing where my next check was coming from. After a few months, I was able to build a "buffer" in my savings account that allowed me to have a few months income just sitting around in case I needed it.

A few months after that, my buffer grew quite a bit more, and so on.

Be smart with your money, and make sure you always have enough in the bank to sustain your rough times... they will come.

cryptone24 · 06-26-2009, 03:56 AM

Great advice. I think its important to have at least 6 months saved income for tough times

Entropy4 · 06-26-2009, 07:37 AM

Yeah, I saved up a lot before I made the switch. And thank god I did or else I'd be back in a cubicle now.

The two biggest mindmelts were:
- Not having a set schedule, set time, set place to be, set itinerary. The first 3-6 months I floundered around a lot and was not efficient with my time at all.
- Not having that guaranteed paycheck. One month I could make $5,000 and the next barely $1,000. It does mess with you, but like the other poster said, if you always keep a buffer, you eventually get used to it.

Time management and money management. Both key.

06-25-2009, 07:46 PM	#1
Scott Ames Senior Warrior Member War Room Member Join Date: Jun 2006 Location: West of Rockies Posts: 5,556 Thanks: 363 Thanked 665 Times in 325 Posts	Who here has gone from a regular income to internet income? When you have a regular paycheck for years, did you have trouble getting your head around being paid when your profits come in? Did you have an panic attacks or feel that you had to work extra hard to make sure that income doesn't stop?
	Action is the foundational key to all success. - Pablo Picasso

06-25-2009, 09:57 PM	#2
gianne2705 HyperActive Warrior Join Date: Jun 2009 Posts: 121 Thanks: 0 Thanked 3 Times in 3 Posts	Re: Who here has gone from a regular income to internet income? I always make sure to have atleast 40-50 hours of work in a week.Like the ordinary job offline going to office everyday so that you can have your payment at the end of the month

06-26-2009, 02:18 AM	#3
bryanclark Marketing Mogul Join Date: Jun 2009 Location: St. Louis Posts: 8 Thanks: 0 Thanked 3 Times in 2 Posts Social Networking	Re: Who here has gone from a regular income to internet income? When I first started, it was pretty scary not knowing where my next check was coming from. After a few months, I was able to build a "buffer" in my savings account that allowed me to have a few months income just sitting around in case I needed it. A few months after that, my buffer grew quite a bit more, and so on. Be smart with your money, and make sure you always have enough in the bank to sustain your rough times... they will come.

06-26-2009, 03:56 AM	#4
cryptone24 Money-Maker War Room Member Join Date: Jul 2008 Location: TX Posts: 323 Thanks: 62 Thanked 16 Times in 16 Posts Contact Info	Re: Who here has gone from a regular income to internet income? Great advice. I think its important to have at least 6 months saved income for tough times

06-26-2009, 07:37 AM	#5
Entropy4 Warrior Member Join Date: Jun 2009 Posts: 11 Thanks: 2 Thanked 2 Times in 1 Post	Re: Who here has gone from a regular income to internet income? Yeah, I saved up a lot before I made the switch. And thank god I did or else I'd be back in a cubicle now. The two biggest mindmelts were: - Not having a set schedule, set time, set place to be, set itinerary. The first 3-6 months I floundered around a lot and was not efficient with my time at all. - Not having that guaranteed paycheck. One month I could make $5,000 and the next barely $1,000. It does mess with you, but like the other poster said, if you always keep a buffer, you eventually get used to it. Time management and money management. Both key.