Want to quit my 10k regular job and make a living online! Help needed!!

10K a month? are u crazy? ...if you are a newbie, even worst. first, you need to develop a decent income, before you quit your job men... I quitted my job, and I thought at the moment it was a good idea, I was making around a $1000 a month from my online income..

long story short, I was not able to maximize my income in 3 months and I had do find another job to help pay the bills.

before you quit your job, make sure you are making money and in your case "good money" for at least 4 months in a row... but that's my two cents anyways.

Thanks for your input Lucky500

Yes i know that I'm currently having a good income at my regular job. Even though it is definitely good, money is not everything. I would never just quit the job just like that without having build up a descent income online of course. But that's the thing, I need some help to build things up in order to be able to quit my regular job eventually. I'm NOT looking for an overnight miracle, but looking for something that will ACTUALLY walk the walk and bring in some money..

Sometimes I wonder if people should get themselves checked into hospital for a brain scan, you claim you are earning 10k (is that yen?) per month and you want to quit it and take a job online without any prior experience without first building up a solid base? :confused:

All the information you need is on this forum.

Before you even think about quitting your job you need to get started. Find out what is involved in running a website(s). Find out which area of online working interests you.

What are your skills?

Can you write = content writing/article writing/product creation
Are you an experienced coder = site creation/applications creation
Do you have a niche interest/hobby = niche interest sites
Are you good at marketing = affiliate sales
Do you know anything about seo = helping offline clients market their sites

No-one can teach you how to earn £10k a month. It depends on your skills, aptitute, interests etc.

I suggest you buy yourself some web hosting, think of a niche that interests you, buy a domain name, and get started.

You will make mistakes, of course. That's called learning. You can't learn unless you start.

Buy War Room membership - and read, read, read. Then try, try, try. The only way to find out what interests you and what is involved is to dive in and get started.

I agree with Rose, grab some of that cash, register about 10-20 domain names in areas that interest you can start on wordpress and just get writing...

Some niches will not be for you, everyone gets writers block and I have had it with one of mine for a few months, at least though you will gain experience and if one takes off, that will bring you in residual income for many months to come and just rinse and repeat.

Hey Scottie

Just sent you a PM

Nick

Sparhawke:

Ha ha, I 'm feeling quite fine thank you

I'm NOT looking for overnight change, but some PROVEN step by step plan that really works...

The reason for quitting the job is simply because I'm tired of working in the buisness i'm currently in and would like to be my own boss...

I want to tell you all, He said his salary is 10K, He don't ask $10K, in some countries salaries are too high like more then 40K per month because there currency is too low like in Pakistan if a person is making 40K a month its mean he is making around $500 only.

Tell us your Expertise like Web Designing or software ???

I have a proven steps.

By domains. Direct that to doorways and then let the domain mature.

One domain cost $6.75 so for $675 you buy 10 domains.

I actually made a JV proposal for that. It's not selling because I don't take customers' money. All money goes straight to register domains.

The method is black hat though.

That's my only proven method to make money. Only 200% return per year. Another I tried is buy 10 domains, xrumer like hell, and then 1 year latter each domain will earn like $100. But the domains keep getting banned by google (the onsite SEO is white hat though).

I want to improve my proven system even further. I want to sell the domains at sedo for quicker return

rosetrees:

Thanks for your input! I have already a few domains that I'm trying to work on. What my "problem" is that I need someone to actually take my hand and walk me through telling me EXACTLY how to do this, how to do that etc etc...I would say that Im fairly intelligent and I definitely will put the hours into it - it's not that I don't like working!

Just want to work for myself and not anyone else. 10k is a descent income that's for sure, but less will actually do in order for me to make a living..I don't spend THAT much money..

Scottie

Anthony:
THanks for your PM, since I can't reply to pm's yet, please pm your email adress.

But to answer your questions:

Hi Anthony

Thanks for you mail.

I have read a lot of marketing stuff online, but it's very confusing. I need to be taken by the hand and shown exactly what to do. I'm hard working and not stupid, but I have very limited practical knowledge about IM.

I currently work in the insurance business in my country, and while it definitely gives me a good income I would love to quit it and become my own boss. And selling insurances is just not that fun to me to be honest..

With 10k per month you shouldn't work. Just put your money.

Is WF member can be trusted?

If so, I can arrange that you don't need to pay me anything. Just buy domain and point that to my server. Pay for domain name and hosting fee.

I take care the rest.

The way I arrange it is investors got 150% of the first revenue (usually take 8 months to achieve that). After that workers "own" the domain.

However, if investors like the domain names, investors can buy the workers' stake at 12 times last 30 days revenue minus unpaid investors' share plus admin fee. That's effectively around 1 year expected cash flow So like 100% return.



I think that's a fair way to split it. Investors got good alpha. Workers, me, got the rest. It's like the way ancient chinese landlord works. Landlord got rent, farmers got the rest.

Oh ya, investors take the whole risk. However, I have bought 1000 domains and average I got quite good return. 200% is conservative estimate because I only bought 100 domains at a time recently. Last year, I bought 20 domains that earn me like $80 permonth.

Return can be HUGELY increased if we can SELL the domain names at SEDO.

Another thing I am working on is setting up autoblogs. I can easily set up 100-200 autoblogs each require domain names. Already apply for the WSO. However, the system is not proven. Sometimes I got $3 per day, which is still a lawsy return given that I buy 40 domains. Sometimes I got none. But many more experienced autoblog makers claim they earn $3/day per domain. Except that they build one by one.

If you can arrange JV where you buy domains, some other expert pick the niche, and I create the autoblog, we can split profit handsomely.

Really? Insurance pays a lot for leads? What affiliate programs I should sign up? I bought 40 mortgage domains only to find out that most mortgage affiliates do not work with Indonesians Adsense pay is low and CTR is extremely low for targetted search engine traffic.

powersupplies:

I have no expertise in software or webdesign.

I have read a lot about making money online for past 2 years or so and 8 month ago i decided that I wanted to take action and start making living online.

Regarding my salary, it is also a pretty good income where i'm from, Denmark, but money is not everything. I want to get success online and i'm going to get it - I just need some help getting there..

Is that 10k in Danish Krone?
Come to around $1800 per month US??

badboy: I will mail you soon..

helisell: no - it means $10k...

You can buy any number of training courses for step-by-step guidance. You can read the forum for a lot less, but it will be in bits and pieces.

I ran a quick conversion of DKK to USD. It's not much, but you can hire some proven professionals to get your foundation started properly. That way you don't have to figure out what the technical bits and pieces are and can instead focus on growing customer base.

Companies like Nanacast basically take care of all your technology needs for a fixed monthly fee. The real challenge is building a customer base and providing them with products they would want to buy. And you are not the only marketer out there.

One of the better investments I made was when I bought Brian Terry's bigselling optins plugin for Wordpress. The bonus videos turned out to be more valuable to me than the actual software. The video series actually goes step by step how to setup a profitable blog correctly and he addresses some pretty advanced topics while claiming they are simple. Mind you, I am a technology expert, yet I found myself taking notes and copying some of the sales techniques he employs.

In summary, you need to figure out how to stand out from 10s of thousands of marketers out there in order to make the customers find you and click the "Add to cart" button.

Hey Al

Do you think you could teach me how to get to 2k a month with affiliate marketing?

Regards

Rick

I think you're nuts, personally, but don't quit your day job until you're making 10K/mnth for a year. You're right about promises .... and you can't live on promises.

If it's at all possible, why don't you go part time in your current role? Keep the benefit of surefire cashflow, but use a couple of solid days a week to build your online business.

Its very hard to earn from net i would stick to the job you are doing until you gain further experience of the www

Agree with pitocus - join the War Room. There is so much in there that is shared that you can pick up one of many, many ideas and run with it. My best advice is just to do it. Let me give you an example.

My kids were really into these squishy pencil topper toys you get out of vending machines. They would put $5 in quarters and get a bunch of doubles, maybe a rare one occasionally, and their whole school is crazy over them. I spent oh, maybe, 45 seconds looking this up on Google and found 5 different wholesalers selling them. I bought a domain name, installed ZenCart via Fantastico (click, click, done), then spent an entire Sunday tweaking the site, adding pictures, changing colors, whatever. By the second day, I had a site ready to go. Ordered some product, and 3 days later had my inventory loaded on my site.

I answered one Yahoo Answers question and wrote one article for EZA. I think I also did some pinging and maybe some RSS submissions, but it truly was not much. A week after I bought the domain name I got my first sale. That was 2 months ago. I've sold over $1100 of these things that cost me $0.12 each. Net profit is only about $275/mo, but I have yet to begin to even market it! Plus I have been very lazy in ordering more product. If I would spend about 2 hours more per week on it, I could easily get to $500/mo. An hour a day on marketing and it could be a $2k/mo site.

I'm actually selling it now (it's in my sig) because I'm tired of the physical product thing - buying inventory, shipping, etc. and want to focus on online methods only. Funny because this is making more than my online projects! Silly, huh? But I can take the money from this sale (if it sells) and use that to fund some projects I've had on the back burner.

But it all started literally in a matter of minutes. I just had the idea one lazy Sunday, ran with it, and six hours later I had a website. Focus, focus, focus.

I totally get your point and I don't think you are crazy in any way. Money is far from being everything in life.

To be able to keep your monthly profits only from online money, first you need to build a solid base. Find out what activities you are willing to do online and research and study them.

Second, try what you have learned so far. Try as much as you can, and learn from your mistakes. Discover what is more profitable, and find a way to leverage the results you are getting.

And only after you are getting substantial results and think you can keep your way on your own, quit your job. It should be the last thing you do.

Sorry for not sending you a PM, but feel free to PM me.

Scottie

Well some may say you are mad but life is for living not working ! I left the corporate world around 2 years ago and am a new internet marketer but right now I wouldn't want to go back to the long commutes and even longer working week of 60+ hrs !

Making money online isn't easy and I'm happy to share my experience with you. If I can help answer any questions feel free to contact me !

Deb

my advice is..you may consider this following tips.

1 - Find your strength
it mean what is you good at and what you like to do.
For example.." i am good at designing... And i like it. So i design a few sampel and publish it on the net. (yes, i do design for a living)"

2 - Find the system/type that suit you.
We know many money making ideas on the net. From white hat to black hat. All we have to do is find one that suit us and focus on that . This is a very first step.
For example...there is a type like..
1- google adsense (believe me there a buddy that generate millions only from adsense
2- Affiliate Program (we have stand alone program , Click bank and more)
3- Develope Website ( Like facebook!)
4- Ebay ( my member generate more than 10k for selling things on this site)
5- More more more program

So, please choose the best type that suit you. If you not sure.. try them one by one..

---
just my 2cents...

anyone wanna add?

Just learn everything on this forum WHILE at work... and in no time they'll fire you, but at least it won't be for downloading porn.

JIM

Hello Scottie

You're an unreasonable man huh? I respect that!
Since you good at what you do you can certainly adapt that into online business and be your own boss. And you're right you need someone who takes you by the hand and shows you EXACTLY what you need to do to generate a real income online. This is the most direct route to succeed in Internet business. So if you really up for it I would definitely help you to direct to right path because you know what and willing to take risk!

Jamian.

I suggest you get rid of that idea until the moment you are already earning money online, I mean you don't even know anything about seo, programming, design, online ventures. Learn and do until you start seeing results.

Don't quit your job man. I'm in the same boat as you. I wish I could quit and do this full time but I want a regular decent income first.

Wow so many replies!

Thanks guys it is very interesting to hear so many different views on the topic...

Razztek: I like you story, it shows me that things really ARE possible...

Just to get one thing clear:

I'm NOT quitting my job BEFORE I have a descent income online! But what I AM looking for is the proven step by step plan that actually works, something that WILL give you a good full time income OVER TIME, so I can quit my job EVENTUALLY, 3 months, 6 months or maybe 12 months from now...

I read about so many people that actually are having success with this somehow, so there MUST be room for me as well...

I also know that there is a LOT of hype about things which is (especially for me as european) making it very difficult for me to discover what is for real and what is B.S..

So what I probably need to find as some of you already suggests, is a mentor or some very experienced to somehow hook up with..

For now I just spent the $39 to get access to the WAR room, and I will do some more reading, even though I feel I haven't done anything BUT reading for the last 1,5 year...

Great input from you guys, I really appreciate it, just keep it coming...

Thanks!
Scottie

Timmywf:

Agree, that's why I want to get started while I DO earn a good amount of money..So I have the opportunity to build it up together with my job..


Teguh123: Fapturbo...Really? I just watched the video...That's what I'm talking about, it just seems too good to be true - it it worked so well, everybody would use it right...I mean who wouldn't pay $149 for that if it really works?!

Anyone having experience with that Fapturbo??

Madness!
It's going to take a long time, even if you start out your IM career like a racehorse at the Kentucky Derby to make $10K p/m, heck even a 1/4 of that.

Keep your day job, and start out part time with IM, i think too many people put the cart before the horse (damn all these references to horses today) when it comes to IMing.

I found the SECRET to making money online: It's hard work.

Quitting a 10k a month job is ridiculous and while we've all made these kinds of forum threads, the ONLY way you're really going to find out how YOU can make money online is to DO IT. There a thousands of guides out there, but in the end it all comes down to how many hours you put in each day.

To give you an idea, I've been doing this part time since last August (after school and on weekends) and have just gotten to about $500 per month the last few months.

Lol...Well as I stated earlier, money is NOT the most important thing in life...At least not for me..Earning maybe half, 5000-6000 would do it for me...It's more about working for myself...Well...maybe I seem a bit nuts but hey...It's not the first time then..

Scottie

Come on guys...

If he wants to venture out of his high paying job to work online, I give him massive credit.

However, don't just quit your job chasing the internet marketing pipe dream until you have made it work.

I would recommend you make AT LEAST $20,000/m off your internet marketing activities before you quit your job...

Scottie -

If you want it, you can do it. I know exactly what it feels like to have a high-paying job but to want a different lifestyle. I quit mine in February and have been on my own since March 1st of this year. Yes, crazy...risky...but I am one, significantly, happier woman.

I spent every spare second on IM for a solid year before I made the move, though. As others have suggested, I had a plan, some success under my belt, and backup savings. All the things it sounds like you are putting in place for yourself, too.

jbsmith provides a great outline to follow. Someone could take you by the hand but most folks focus on one particular IM model and it might not be the best model for you.

Narrow down your scope to a model to which you think your skills are best suited and start taking some action on just that model. Find a mentor for that model. Don't be distracted by all the other ideas that come along while you're working. Read everything about that model in the War Room and on this forum and try it, test it, refine it, learn from the failures and copy the successes. Find other Warriors who use that model (based on their posts, etc.) and build a network of contacts.

Don't miss one of my favorite posts on this topic: http://www.warriorforum.com/main-int...-daughter.html

Where George Wright tells everyone to quit their job tomorrow....sort of It's inspirational and there are some great ideas there, too.

Good luck!

A 10k regular job is hard to walk away from. I suggest you start your online business and do it on your own time first. Make sure you are able to generate good money for a number of consecutive months.

For me being a offline marketing consultant has been my area of success. While I did make some money online ( ppc, cpa, and affilate marketing) the money was to inconsistent to live off of. I have been able to achieve much greater success with consistent income being a offline consultant. It is work but don't mind , because I Love what I do! The important thing online or offline is to find something you have an interest and hunger for and then pursue it 110%. DO NOT GET DISTRACTED by other new things. Find One thing and stick with it . Best of Luck . If you ever need anything ,pm me

Any decent book on how to start your own business will tell you
to slash un-needed expenses, trade-down your lifestyle, and
save up 6-12 months of living expenses while you get your business
going.

That's sensible. You should probably give up some of the luxuries
you're paying for monthly and save up capital and educate yourself
about the direction you want to go in your own business.

I have a coaching program opening up soon about getting your
own thing going. I make no income guarantees whatsoever, just
real nuts and bolts advice from somebody who has learned his
horse sense the hard way.

With a $10k a month income now, you've got a silver spoon in
your mouth compared to a lot of people starting online businesses.
Still, having money gives you confidence that isn't always accurate -
making wise decisions about how you allocate resources is
critical to your success and survival in your own business... and
the more capital you have the faster you'll blow through it if
you don't have a discerning vision from the start.

Get on my list and I'll let you know what's up with my coaching thing
when the letter is ready.

Cheers,

L.W.

Scottie - great post!

Have you considered becoming an expert in your niche?
Write a book, do seminars, workshops, coach...
Still lots of work to get going, but it could be good alternative to IM for you.

With your capital you can afford those 5K 1-on-1 coaching programs to get you going faster.

Google: experts academy
and add "blog" to the URL to uncover quality-content zero-selling how-to videos

I can relate to this post.

About 5 years ago, I was making between $7500-$12000 USD a month in a sales position selling title insurance.. Times were great as far as money was concerned... but I was absolutely miserable with my life (to the point that I wanted to off myself).

I went about things a little differently than I should have.

I up and quit cold turkey with no plans of what I was going to do next on June 17th 2005. That's when I really started looking hard into internet marketing.

Fast forward 5 years now, and I'm STILL not making that kind of money online.

Is it possible to do? Hell yeah it is...

But there is a STEEP learning curve.


Some things to consider:

1. NET income that you actually realize (which is what matters, because that's what you pay your bills with) is a WHOLE lot less than revenue generated. All the stupid MMO guides and such will claim 12K a month (gross) but if you're managing your business the way you need to be and investing back into outsourcing, traffic, advertising, content, etc. etc. etc. Then you'll need to make closer to 30K gross to pull in 10K net (and that's assuming you're paying yourself a whopper of a salary).

2. There are really only 4 things that I've found that ultimately boil down to making money in no matter what niche or business you're in. Anything else that you do eats away from time that you should be spending on these tasks (this very post for example, haha). Those things are:

• Customers - you NEED to be spending about 50% of your time generating new customers. Whatever means you go about that for your business, you need to do that.
• Conversions - You NEED to make sure that your offers convert. Once they do, you NEED to optimize those conversion processes continually.
• Content - You NEED to be generating content for your clients/visitors/subscribers (whatever applies to your business model).

3. The fourth thing that you need to learn and be good at is: MANAGEMENT. 10K a month is NOT going to happen on your own (for most people). Unless you want to be glued to your computer, working 150 hours a week, it's just not feasible. Whether that means managing employees, or outsource contractors, your time, your business tasks (keeping the books, making higher level business decisions) etc.

4. In order to reach the 10K a month target, you're going to need to find a niche that you ENJOY, that SPENDS LOTS, that has the SIZE of MARKET to support you, and that you can COMMIT to.



You need to know ALL of that stuff before you start dicking around with buying domains and writing articles.

There are hundreds of ways to make it to that level of income online, but ALL of them take MAJOR hustle and MAJOR dedication.

NONE of them are small time, side-hobbies. The people that get there are SERIOUS about their business, they treat their business like a business, and they don't dick around doing stupid medial tasks to get there.

PLAN on working twice the amount of hours you'd work in your current job (or maybe more, who knows) to get there.



Those are my thoughts on it.

I did this around this time last year. Actually, tomorrow makes it exactly one year.

It's been rough, and it still is. I dropped from $10k a month to zero overnight, then built my business up to about $5k a month, then dropped to near-zero again right about the time the savings ran out. The past year has been just about the worst of my life.

Be aware that you can lose everything. I lost my house, my wife, and my kids in this process. I actually lived in my car for two weeks during the month of December, and I still owe two other Warriors a refund for work they ordered that I just plain couldn't get done during that time.

But I'm still here.

Whether that's bravery or stupidity remains to be seen.

Consensus among my friends and family is "stupidity."

Wow 10k month! I'd kill for that. However I think its pretty rational and not an idiotic move..at a point. I suggest quit your job when you have enough money to live off for at least a 1-2 years. (I'm sure you have that already unless you live in a mansion) That money is for "just in case". Now the hard part comes in. I'm sure you are working hard at your job for 10k month. In order for this to work you have to discipline yourself to work ONLINE after your DAY JOB. I'm sure working 4-5hours each day "productively" will earn you online revenue. Once you match amount of money you need to survive daily then quit your job.
So you are left with affiliate marketing money to live off + 1-2 years of spare money. Its a lot to learn and I mentored a lot of my friends. I spent hours/days teaching them from scratch.

I went from making $2 to $150/day overnight for about 5 nights straight then it fell apart and I was back at $2. Thats expected don't get discouraged. Let me know if you need help I'll be glad to give you a hand.

Btw : you can read all the ebooks, buy all the programs in the affiliate world and still earn $0. Its what you do with it

This guy is smart http://www.nytimes.com/2008/07/21/te...gger.html?_r=1

If I earned that much money, I would most certainly invest some in some one on one coaching programs, there are very many around.
Some of them are very expensive for people with lower incomes but at your income level you should be able to manage.

Scottie,

Firstly, if that is what you really want to do then you can make it happen. I am sure you didn't get to that position in your current job overnight and the same can be said online.

However, don't let people put you off.

Secondly, if you are serious about making a real online living then build it alongside your current job but invest some of your salary on getting a good mentor. This will ensure you cut your learning curve in half and actually understand the way to make money online...afterall every business needs to follow a business model.

Hope that helps
Ian

Hey friend... not a good idea to just quit your job like that. You're just getting started in the online game and it could take some time before you begin to break even. you know why? Because there are do's and don'ts you have to learn.

It's like going to school and getting the proper education. So, you have to get the proper education first and make sure you're well grounded before you quit your day job. A word they say is enough for the wise. Online is not easy.

Hi,

What i would suggest is keep moving with your job and don't quit it for now,and meanwhile work sideways with it.

I agree with all the previous posts for the most part. 10,000 a month is a nice chunk of change. Their is a learning curve involved with Internet marketing you have to learn the ropes first. I would advise you to keep your job and work on your Internet marketing on the side when you have free time maybe at night for a couple hours.

Then down the road if your seeing big success then you can think about saying bye bye to your day job, but only then!

Good luck!

Let me take a different angle ....

Why not buy an existing online business that interests you....

Something that shows verifiable income and a larger upside
but where the existing owner is bored and wants out ....

Thom

Hi Scottie:

I'm rooting for you and am very happy that you are starting from your current vantage point.

I understand the following:

1. You are making 10K per month right now in the insurance industry.
2. You have NO intention of quitting your job until you are at a comfortable online income level.
3. You are very intelligent.
4. You belong to the Warrior Forum War Room
5. You are convinced that since others are currently making from little to gargantuan amounts of money online, you can do the same.
6. You are currently investigating several online income avenues.
7. You currently have several projects in the works from which you are looking to receive some beneficial results.
8. You are requesting someone assist you with hands on step-by-step instructions on how to achieve your goals and objectives.
9. You are somewhat leery of coaching packages per se due to the probability that some might not be as pristine in character as claimed.
10. You are chomping at the bits to get started.

I believe I've covered most of the journey as I've read it here and I am somewhat excited because you are at a wonderful place in your experience.

Now for why I'm writing this post.

Since you have time AND money on your side AND the War Room in your arsenal of weapons with which to lasso this online income raging bull my suggestion, like so many others in this wonderful thread, is to get started reading and categorizing things of interest in the War Room in particular and this forum in general.

There are so many wonderful people in this forum who have shown themselves to have strength of character, honesty, and willingness to share and give. Those who have been here longer than I have will share names with you through PMs of those you can trust and rely upon to steer you in the right direction.

Your position is an enviable one in that you do have resources and time to examine opportunities that will best suit you and garner online connections that will assist you for a lifetime.

I wish you the best and only encourage you to take your time to do this in measured cadence (you know the one - the wisdom drumbeat that is beating just below the excitement and pressure you're feeling to move forward quickly).

This is a great place to be and a great time to be in it!! We're glad you're here.

10k Per month is difficult for a newbie.

You can make income online if you have good writing skills.

You can do article writing, blog posting, website flipping, ebook selling for making money online.

Good Luck.

PM andi_gt2005. He took his brother-in-law by the hand and showed him how to
earn $6,000 per month in just 40 days. Just might be worth your investigation.

All the best to you!!

You need to view this making money online thing as an actual business.

Even though you can get a healthy start for only a $10 domain and $10/mo web hosting, you need to have an extremely serious mindset about the value that you provide to your prospects.

I suggest trying to find just one niche for now that you either have lots of experience in or are very interested in and think you could become an "expert" in.

If you can make related videos that would be even better.

Basically you need to build a social community with a site where your ideas and strategies are valued (helping people with relationships, learning a language, lose weight, play an instrument, etc) and they will trust you when you recommend they buy a product for which you get a commission.

That or you can sell your own product.

alpha force boot camp from Rob (great warrior here) is a good program to get you started in the right direction.

I was actually in a very similar situation less than 2 months ago. I quit my regular 10k a month job and went for full bore into Internet Marketing. Now I had experience, knowledge and connections so it was probably a lot easier for me.

Currently in the first 2 months I already have over $3000 a month residual income. Probably within in 1 year that will be around 25k-50k a month residual.

Personally if I was earning that much a month (and I have in the past), I'd look at my income, cut down my expenses and I've think about using my extra money to invest to build an online career.
You have money, you may not have alot of time, so find a plan that allows you to outsource as much as you can. As it picks up you can consider then ditching the "real job" and then continue the plan
Many IMers need to do alot of hard yards work themselves because they don't have the funds to do otherwise. But you've got a great opportunity to invest your income into something that becomes truly passive income- and that's a good option

Making 10k a month you got plenty of money to outsource pretty much everything I'll be lucky to make twice that in a year. Count your blessings especially in this horrid economy.

I think the best way to be "taken by the hand" and taught is to just look around these forums and also google up some tutorials. Learning is a proactive not a passive thing. After a lot of reading you start to get the idea. You haven't said what kind of internet business you want to start...there's a lot of kinds.

10K US per month would be quite a lot. Around us, you need to have a phd degree with several years of experience to reach that level, if you are in major engineering discipline... It is another case in financial though...

Or it is 10K Japanese Yen, or 10 Indonesia Rupiah? If that's the case, quite immediately without any thinking... :LOL

Scottie,

Running a business takes a lot of knowledge. That knowledge takes time to build. Be prepared for that.

My advice is to get on to someone like Kyle Tully (ConsultingTycoon.com). He ain't cheap, but you've got the cash, and the guy is one of the best business coaches I know.

-Dan

Depends how much you are willing to invest. Starting from scratch with brand new domains and following an ebook isn't going to get to your goal anytime soon.

My recommendation would be to browse Flippa for an established site in a niche that interests you. In the current climate it is possible to negotiate some good prices, especially if you have cash on hand. Look for a site with consistent income and traffic with the potential to continue growing.

Invest about $10k in a decent whitehat site and then spend about $500 on two VA's to manage your site and work basically full time on SEO. You'll probably buy a site making around $1k a month for that amount, but with some decent work you should be able to increase the income substantially with full time staff. Reinvest a little each month to build a network in that niche - until you can dominate it. I was talking to a client yesterday who has been slowly investing in forums over the years. He now has a high $XXX,XXX portfolio earning him excellent money each month, relatively passively.

So my advice: ignore the get rich quick schemes, and invest in a whitehat site for the long-term.

Scottie,
You are already earning a very decent income off-line and as you have yourself said, it's crazy to quit. I however acknowledge that your drive could be very strong towards online business or away from your current JOB.

As contributors have already advised, it would be prudent to consider the fact that to make money on the internet takes time and raw determination. This is honestly very true. In fact for you, it might take a little longer because as you have already stated, you are a complete newbie.

There are many options out here for a side business alongside your regular job. If you have some savings, probably it would be wise to invest in some already running business as a non-executive equity partner. That way, you will not be hands on but can share in the ROI.
This position will expose you to the world of online commerce and will be invaluable to you when you later decide to go out full blast.

Yet another possibility is to outsource your online tasks to freelancers who will build your business for you. With an investment of $2000, your business should be up and running in a month for at least 3 months. By that time, it should be able to run itself. $2000 is the higher limit though- you could do it for $1000 depending on the kind of business you choose.

But do not quit your job until you have a return of at least $15k a month.

I would like to say thanks to everyone here giving their comments and help, it sure means a lot to me!

I believe I have a good understanding, and also some good ideas to work on with. I found two roads that I need to go from this thread:

1) Finding myself a mentor who can help me get in the right direction.

2) I will pay for a VA and get things outsources.

So once I find out what there needs to be done exactly I can outsource things and spend my own time managing and working on my ideas..

You have all giving me a lot of valuable information and I am very grateful for that! Also, since I just got access to the war room, I will have a lot of reading and digging to do.

So I might be looking around for a good mentor and coach, and you already mentioned a few possibilities that I need to look in to.

What a fantastic place here, I'm very happy so see so many people offering help and support!

Hopefully soon I will be own the right track, and I will let you know how things work out...

Thanks!!

Scottie

you really need to input some quality time of yours to learn IM.have you picked up the way to go?There is so much out there.affiliate,e-books,flipping,web site development ....pick one and wrap your head around that.

You should consider keeping your job and start an online business on a part time basis. This way, you get to find out if an online business is really what you like to do full time. It's hard work and you probably won't see the money coming in for some time.

Pick one guide. Start Taking action. I would suggest build a blog around any keyword. Any niche that excites you. Work on it and Work hard. Meanwhile utilize your income to get SEO and articles done. Turn your site into an authority site. Do affiliates. =]

Take action bro!

I admire your honesty. If your heart's not in the job your doing then why shouldn't you set yourself free? You need to surf Clickbank and see if you can find something that would help you get started online. You should Google 'George Brown' and you will find some of his sites, which can help you get started. Google Sniper got me started online and is easy to follow. Good luck, Ray.

10k a month is a lot of money... well before quitting from your offline job be sure you'll earning more than that here. I've read a thread in here long time ago that he's been working online for 3years and buying some stuff to guide him and even hire a mentor but still he's nowhere earning much. Here's my say:

Read
Research
Read more
And ask the successful ones
Plan
Visualize
Take action
Keep going
BE PATIENT

10k a month offline job sounds pretty good and if it isn't stressful I would keep it. If you're desperate and earnest enough to make a living online, you'll somehow find a way and keep plugging at it, and at some point you would make a living on the Internet. It's all about being persistent.

That seems a hard decision to make..You cant risk your 10k/month to just start an online job.

he there

I have been dreaming a long while to quit my day job.

The thruth is that you don't quit your job before you are making 2 or 3 thousand $ a day online.

Hope that helped

kindest
Abdi Adan

You make $10K/mo at your job. Don't quit until you get off the ground in the online world.

Why? Because $10K/mo aren't easy to find. Say you quit now, but didn't start seeing any money from your online endeavors for another few months or so. How will you live? If you have to get another job to just put food on the table, you'd be so lucky to get one that makes $8/hr - can you live on $10K/YEAR (pushing it) after a lifestyle accommodated by $10K/mo?

There's plenty of info right here on the forum. If you have extra money to outsource, more power to you. In fact, that's what you should be doing - set aside extra money, even if requires giving up dinner out a few nights, to invest in your business. Take whatever profits you earn, then reinvest BACK into your business. This is how businesses grow - it's a snowball effect. Don't quit your job until you get the momentum going - regardless of whether you're making money, you do need to eat.

People need to realize that money =/= happiness.

Maybe he wants to work at home so he isn't as stressed, has a family and wants to spend more time with them, enjoys sleeping in, etc.

Get past how much he makes.

My suggestion...

-Find your passion. Find something you love talking about, are knowledgeable on, and would be comfortable blogging about it daily.
-Decide what type of marketing you're going to pursue; affiliate, content, search engine, etc.
-Do your due diligence. I'd suggest using Market Samurai for this.
-Decide on Domain and hosting


The steps after this vary dependent upon what type of marketing you're going to pursue.

Hey man, If I can say something I would just like to say that always keep your options open.... Continue your work for the moment and try IM part-time. If you manage to pull something off from the internet then that's the time to decide if you want to pursue on IM and make it full-time or not.... Don't rush things too quickly, regrets always comes at last. Just a suggestion though....

I am surprised to see that you were recommended to make $20,000 a month before you quit. Seriously, how many people are able to make $20,000 per month net part-time? If you chase after this target, the chances are that you will never be able to quit.

Rather than looking at an exact figure, you should figure out how much you actually need, taking into account of any future needs. Also, if it is easy to jump in and out of your profession, then you can take your chances earlier. Having a few hundred thousand dollars of net savings and assets would also help.

I think we should really help this guy..@scottiedk, I will definitely get back to you when I have something for you.

A regular job gives you a steady income, and a steady income allows you to pay your bills and make a living. So till the time you do not start earning at least half of it from your online business,thinking about leaving a full time job can be a very bad idea.

There will be a time when you will have to take a decision and choose btwn the two, but I am sure that it is not the time yet.

I completely understand what you are experiencing and I want you to please not give up hope. You are not spoiled; you deserve to live as you desire and find enjoyment and fulfillment in life. I have been taken by the hand by some sincere people who really want to share success, and it is so refreshing.
Being successful in an online business does require patience and work. It is just important to be rewarded with actual money, success and fulfillment.
You can't be desperate, you have to be intelligent and see what makes sense and what offers give you the help you need. (i.e. product choice, traffic sources etc.) So, now that you have made this appeal, please be careful, but do not fear, believe you can succeed and create the energy that will transfer into real success. Visit my signature link and see what has worked for me.

Don't need that anymore.

Before quitting your job better take a feel of working online and building your business. At least you'll have preview of what lies ahead.

Definitely, you'll find all the help you need from WF.

First think of the niche you want to work on - something you're good at and very much interested in so you know your product very well. You can do article writing, link building, affiliate marketing might be a good start as well.

Dear colleague, my sincere advise to you is that you should not quit your 10k job for now. Online business is not as easy as you thought. Some have been online for quite sometime and have not make a dime. Please for now you can operate your online business on part time basis while still retaining your 10k jobs pending when you will gather enough to leave your job for full time online business.

May the Lord guide you accordingly

Fantastic so many replies and help from my fellow warriors..

Thanks, I really appreciate every post in this thread. At the moment I'm reading and reading and reading..Took one advice and joined the war room, so I have read a lot there as well as reading through so many suggestions that many of you came up with.

I know that things are not happening overnight, and I definitely don't expect it to come like that either. I do know that I have put my mind into it and that means I WILL get there eventually. I truly believe that if one just keep going after a dream, whatever it may be anyone will eventually get there. There is no doubt in my mind..

Yes there will be walls that I run into (have already), but as long as I keep finding a way around these walls and just keep staying positive and certain that I will get there then...I will succeed... I just still haven't figured out precisely how yet even though I have a few ideas...

But I'm sure I will...

Thanks!

Scottie

It's going to be more convenient working on it slowly on a part time basis while maintaining your dayjob for the time being until you able to generate consistent income that cover your basis expenses before you going full fledge and quit your job.

There are many ways to make money online but what works good for Steve Wagenheim maybe a nightmare to others. Hence, you'll have to find methods that suit you.

Side note: Sorry Steve but your old working schedule is definitely not something comfortable for most people. I'm glad you are getting better at it now

Do you think that you can earn 10K as a newbie through online.. ?? Think before you quit your job..

10k a month? What do you do...hell, I'm doing that.

Look, you're in such a comfortable position right now. I imagine you can save up a LOT of money before you potentially waste time trying to build an online business...AND..you have capital to invest.

My advice: pay high for an extremely good mentor. You can afford to and it will cut down your learning curve dramatically.

Scottie tell you what Ill send you a free copy of my WSO http://www.warriorforum.com/warrior-...erion-2-a.html all I ask in return is some feedback on what I can improve on it, being the first time I'm selling a product". Although I must warn you its not an excellent $1000 product. Its just 5hours of work showing the steps by step which is what you wanted of what I did to create some sites that can generate you money.

Let me know if your up for it.

Look towards real mentors (people who do succeed and offer real help). Then progress the tranistion time from your off line work and your online. Very soon you will achieve what you have set out to do.

The question here is whether you would like a job at all. I mean, you make plenty of money. What is the driving factor? You want more money? You simply hate your job? You want to make that money but "online" (means without having to go to work)?

Whether you are doing that job right now or start in IM, IM IS ALSO A JOB - its not all sunny and rosy...and ESPECIALLY not if you are a newbie.

Are you believing in the tale that you can quit your job and then a month later you have "autopilot money" coming in? Because it wont be that way, very likely.

Please be aware that there are people out there who would kill for your current job, maybe you should simply appreciate what you have?

My advise is don't quit your day job now, but start your online biz wjile you are working offline. once you earn 20k per month then consider quieting your job

Scottie, The advice I would give you is to stay away from information overload. If you buy too many products and software, you might find yourself running around in circles for a few months like I did when I was starting out.

If you're serious about quitting your day job, I would give yourself a few months to experiment with IM so you can find something you like.

Once you find something you like doing (blogging, affiliate sales, etc.) then quitting your day job won't as big of a deal.

To recap, give it a few months to find what you like doing before you quit your job. Once you find what you like. Say goodbye to your day job.

I would definitely not quite your day job. Build up income online in your spare time and get it steady and consistent. Once you can do that you will have your day job income and online income and really be able to build up some cash.

Once you have a lot of cash built up and your traffic etc is steady you could then quit your day job and having the capital to continue to back your new ventures.

Well first before you decide, you must ask yourself, can I do it? Am I financially stable? because sometimes there are unexpected cases that may occur and definitely this will lead to bigger problems

All right, your point is granted. You could try the 30-day challenge from Ed Dale. I've learned amount of information from there even before starting to learn few more concepts here in Warrior Forum. It will totally help you leverage what you have started online.

Thirty Day Challenge

It's for newbies like you and also good as reminders for Internet Marketers who've been dealing with all the shortcuts nowadays.

Good luck then!

Markets to do with insurance, financial stuff, etc, generally have the potential to rake in a lot of money. The comissions you can get for sending other people leads are huge.

If you're UK based (and maybe even if you're not) check out this site thoroughly: The Affiliate Marketing School - Home

They're a community who use PPC (and some also SEO / organic traffic) and their own websites to filter leads to a central database run by the "school", who pay many pounds (well into double and maybe sometimes triple figures).

The more fresh leads you can muster up, the more they also get paid. They assign you a "headmaster" (your own personal mentor) who takes you through the whole thing.

It's not for everyone as the sorts of keywords you'd be bidding on can cost quite a bit, but since you have a pretty income from your job I presume you may have enough "spare change" laying about to be able to really get your teeth into that.

I haven't kept up to date with them for a few years, but it looks to still be going strong.

My advice is to always follow your passion. Don't do something just because it pays the best. I walked away from 2 offline businesses with enough money to live for about 2 months. I've never "worked" another day since then.

I've lived a great life and made more money than I ever thought possible. But, the internet lifestyle has its drawbacks to. For one, most of your friends can never do anything with you. For me, most of my friends can't afford to do anything anyway, lol.

And keeping a regular schedule is tougher.

But, if your dream and desire is to have an internet business and absolute freedom then go for it. From what I've seen so far in this thread you are on the right track.

Keep learning, figure out what you like and stay focused on small goals at first. Maybe your first goal should be getting up a website. You'd be amazed how many people don't even get that far.

Then yes for sure, if you can afford it and learn from others well, pursue a coaching program. Just find someone doing exactly what you want to be doing and do exactly what he is doing.

This is called modeling. If you want the same results, do the same thing.

Online business isn't rocket science. But there are a TON of things to learn. It will take time for you to adapt and learn. Just keep at it one day at a time.

I for one wish you the best!

Mike Antoni

You need to understand the basics first. Here are some tips for ya:

1. Create an account at Google Webmaster Tools.

2. Download The Google SEO PDF Provided in The Webmaster Area

3. Create an Account a SEOBook.com. They will be sending you an email containing some basic SEO tips everyday.

4. Go to the free ebooks section on this forum and download everything you think that might help ya. But, don't purchase their bonus offers because most of the time the offers are B.S . Even some WSOs are total BS here! I am telling you to download these free stuff because most people list their stuff their to capture your email in their autoresponder and in return they will give you some basic info. Go and read everything you can!

Now, you said that you earn 10K a month, it would be wise to use that money to invest into something. I suggest you purchase:

1. Zeus66's Article Rewriting WSO

2. Market Samurai Keyword Research Tool or Keyword Elite.

3. Inansoft SocialBot

4. Webhosting at bluehost or similar. Domain names at Netfirms.

5. Angela's Backlinks WSO

6. If you don't wanna do SEO, you can invest in PPC. I suggest you use Yahoo Advertising, Microsoft Adcenter and Google Content Network.

7. An Aweber account after you get a decent understand of listbuilding!

So, now you must be asking what the hell I'm talking about! I suggested that you download the free stuff on this forum right? Go and do that, you'll get an idea.

I think I have a little wordpress e-book on my harddrive somewhere, I might give it to you if you want. But, if you already know how to use wordpress then you won't need it! Just PM me if you need it.

P.S WSO means Warrior Special Offer. You can find those in the special offers forum on the frontpage.

P.F.S Some people might have told you that you're being an asshole by leaving your 10K/mo job but I don't think so. You got to like what you do and if you like to make money online, just go for it!

L.S To make money online, you got to help the people whom you're selling to. If you don't, you won't be making any money, I can guarantee that!!! When working online, your main goal is to help your customers and not to just sell them your ****.

in these times...I'd hold on hard to a job paying $10K a month. Work online part time save enough to last you three years and maybe in 3 years time things will have hot a bit better. Right now....i think you are making a huge mistake even considering this. Things might be about to get worse.

10K a month! What kind of work do YOU do? I just started out with internet marketing myself also. Warrior Forum was recommended by the avenues I used to get started as the best place for information. You have already upgraded your access to the War Room so you have already started up the right path. Take advantage of some of the marketing techniques there.

I will be upgrading soon too. Unfortunately for me I dont make 10K a month so I have to take it slow.

I would personally quit because I was in this exact position a while ago. Now making a lot more and I don't have to be at work at 8am every morning. I work when I want to and am only responsible to myself.

Mate, I understand exactly what you mean, what you really want is freedom, your tired of miserable old work, if you really are interested in achieving this then I suggest you check out my new info product release coming soon, 'Money in Misery'
it should be right down your alley, you have the desire now you just need the process, no more BS.

Comments on the comments:

Hard or impossible to make 10K a month? Why the #&$(#*& then are we all in marketing? Forget it then. It's either possible or it's just a stupid hobby.

He never said he was going to quit cold turkey and expected 10K a month instantly. I don't know how people are reading that into the post.

Stay at your job and be happy because you make good money. Geez really? Is money the only factor in life? What happened to the "internet lifestyle" where people could surf, travel, and control their own life without begging for time off or a raise?

The stupid is strong in this thread.

All the people who say don't quit your day job until you're making $20K a month, let me ask you... why should he have to make double what he does now before he quits?

If he has no debt and he can keep his monthly overhead down, he could quit his day job when he's making $1K a month. You don't know the particulars of his situation, and one thing is for sure, you get $10K a month jobs by making stupid choices.