Why so fast to quit your day job?

It depends on the person. Some are so miserable at their jobs that the extra money they make doing IM and the Job is not enough for them to stick around.

While some will argue, quitting their job will free up more of their time to grow their IM income.

I've definitely thought about this - I guess if a person can handle the stress of two job basically that would probably be a great way to keep income up pretty high for a while

I wonder if maybe some people get so burned out trying to start making some money online that by the time they get to the point where it's basically two equally paying jobs it just isn't worth the stress anymore?

In my opinion use your time to make you the most money. Why work a 2k a month job if working on IM makes you more? Why force yourself to earn less money?

Some people also just prefer IM to other jobs and are happy to even take paycut to be able to work from home and be their own boss.

It really depends on the individual.

1. Working in a day job and internet marketing business will give you a lot of money and provide stability.

2. Leaving your office job will give you a chance to spend more time on your business and make it even more successful.

3. Leaving your office job will give you more personal time.

I've thought about say going to work as a tour guide just for fun. Sometimes its nice to get away from the computer. I do have some things I can do for money like teach ballroom dancing, and haven't delved into that since I moved to Silicon Valley, but it might be a good tool to try since they have the annual Google Dance (literally a dance for the google staff on their campus).

To each his/her own. Some people that win millions in the lottery still keep their minimum wage jobs.

I would hope that people will do what they love. I've known people that have own businesses, worth millions, and never really enjoyed life.

I quit my day job 3 months ago, haven't looked back since.

I'll tell you this though, knowing that nothing is guaranteed working online sure makes you put alot of pressure on yourself to succeed..I also work more hours now then ever before, but....

I'm working to build my business, not "their business"

I do agree tman....maybe dump as much money as possible into a Roth IRA, a few annuities and in a few years you wouldn't have to worry even if your IM business went belly up.

BUT....and this is a big but, there are many folks that just completely despise their job. But would the security of the IM business give them the edge that they need to grin and bear it knowing that they weren't in it for the gold watch at 63 1/2?

I never did quit my day job (and I got very successful with my IM stuff). I love what I do offline and the thought of being glued to my computer for IM was a real turn off.

It was the IM stuff that burnt me out 15 months ago (not the offline job) and it was the IM stuff I chose to give up for a while.

If you do keep both jobs its important to keep a balance between the two

Kim

Seems like some people do not realize that
for some Internet Marketing is a full time Business.
I guess it depends on if you have family obligations or not.

Working part time IM
and having a full time job
may eventually lower your online profit.
At the very least hinder you from moving forward.

I never had a day job so I never had the chance to quit.

I think it's just a preference of time to money. If you quit your job more time for you less money (and that's not always the case) but it comes down to balancing your lives and not everyone can balance two full time jobs and everything else.

Here's the thing: if you don't love what you do, and don't have any major responsibilities (read: family), there should be no reason for you continue your day job.

As an IMer, you already know how to make enough money to pay the bills. Why stick around doing something you despise just so that you can tell people what you do?

I still work in a typical job. It keeps a person grounded and is great for tons of things that people don't usually think about. Just because I make some money on the side in marketing, doesn't mean I should quit my day job.

But my day job is sort of a fantastic industry to be in and the contacts alone are worth the trouble and time.

I called it quits after making around $1,800 a month. It was just a job. Nothing I went to school for or enjoyed doing.

I will say one thing about leaving my job, once I did and IM was my ONLY income, my business shot up drastically. Even though I was serious about it before, things are definitely different when your survival depends on it!

Matt

If I'm making half a million a year online, I don't think the day job really matters anymore.

In my case this is my main goal, I'm still not match my day job pay with my IM income... But I'm getting there fast...

Is not that I hate my day job, but I have to admit that there is nothing that will gives me more pleasure than enter into my boss office with a red paint bucket and paint a nice "I quit!" in his shirt... weeell... I wrote I quit... but there are so many nasty words that I like to paint...

As much as quitting my dayjob sounds good, my online income would have to be really high to do that. It would be difficult to walk away from my benefits and retirement...

I personally quit my job after I started doing well in internet marketing because I realized that all the time I was working at my job could be used to leverage even more money online, and I was right.

As soon as I quit, my productivity increased and my motivation did as well when I realized if I wanted to wake up and play golf that day instead of working, I could do what I wanted to.

Freedom, for me, I guess is the reason I quit. Nobody calling me when I don't show up at 9 AM for work.

IM4lyfe

Yes. Jobs suck. The end.

I quit very publicly and took full enjoyment from it. Two weeks later the tax office told me to get a form filled out by him, so major misfire there. Worth it though

in some jobs you loss what you got when you quit for 1 year or 2 in my case i am a doctor , once i quit medicine they will replace me in no time and i cannot return

What if you can't stand your job? Why would you keep it if it makes you feel miserable?
I don't think most people have jobs because they enjoy them, we are not all that lucky. 40k-50k a month is enough money for someone to call it quits. If you keep your day job you won't have time to enjoy life. Having 2 jobs can be exhausting.

Working for someone else isn't very fun. I walked away from a very good career when things got slow last year, and really don't want to go back.

Some people want money and will work 2 jobs at a time. Other people are just happy to have free time and enough money to get by. Depends on what your personal ambitions are.

I'm a long way from retirement age, so I don't feel like I need to waste a lot of time now preparing for it.

I don't know if you guys experienced this before but i found that keeping a day job or part time job is good option if you want to keep in touch with social life. I was doing full time IM work when i got few month break for medical reasons. I noticed that if you don't have friends in IM or in domain of your work then it gets lonely and it comes down to only money-work and again money. Besides that many friends with job mindset look down on you (i don't see that as much obstacle). So if working for other though may not be fun it can connect you with social circle (if you don't have any then workplace is good way to get into social life, networking).

Many youngster will have trouble while migrating to other countries if they've spent a lot of time working on their own. One of my indonesian friend online did 6 year work online and was rejected for visa because there was no professional exp in his resume. I see such things as big issue cause those who earned enough and want to migrate to another country will face this issue if that country prefers professionals over entrepreneurs.

For me, I quit my day job to work full time online. I don't have any regrets I'm glad I've chosen the best option.

Stupid question. If the original poster was actually making $50K a month, they wouldn't be posing this idiotic question. $50K a month? Most people make $3-4K a month at best, so time being money, it is costing you to spend 8 hours a day for that $40K a year. Anyone with any business experience at all understands the value of their time.

This depends on the individual. Some people do not enjoy day jobs. They stick to them if it is their only source of income. But once another reliable source of income comes up, they quit. Some want freedom to do other things. Since you set yourself the limit for your earning on IM, internet marketers decide to spend most of their time on it to generate as much income as they want. It is advisable though that one should decide to quit once the income from IM becomes reliable and consistent.

Quiting my 8k a month day job was the best thing I ever did.

I think anyone will keep doing what they like...its nice to have options.

Well, this is a question I toss around in my head quite a lot...

On the one hand I work for a MLM company doing it's front/back office can call center software which brings in many insights about people and marketing - I could say honestly I learn almost as much working this job about IM as I have on this forum - and this forum is without equal!

On the other hand, I really don't like being told what I must do - I want to do my own IM and make my own money, so I will most likely do that once I hit a point where my IM efforts are netting me about twice what my current "Day job" pay is.

Frankly, referring to the original question, if you are getting into IM, and you are making 50K a month, why the heck would you waste time with a day job that maybe pays just a little bit more than that a year!!!

-DTM

When I get to 40-50K per month online - I intend to still have some sort of offline business, even if it's part-time. Just for the human interaction.

sometimes quitting there day job makes them that much more motivated and im sure will just cause them to keep increasing there income

If it were me, and I were making 50K from a job and 50K from Internet marketing... I'd quit my job, and spend that time scaling up my business and figuring out a way to replace myself within it.

It's not always about money... money comes, money goes... life is non-refundable.

People...get a remote day job!

Almost all Web/IT "day jobs" let you work remote a few days a week now.

This was the ultimate solution for me. I've been a full time Webmaster/developer for years.

So you can be an employee and also build businesses from home too. I have no problem with it at all.

Get a new day job with your IM skills if you still want the steady pay check and benefits!

Look up "internet marketing", "online marketing" and "seo" on the legit job boards and there are more and more jobs in this new field!

I have 4 little kids so I want to have a job for now for a steady income and cheaper health insurance.

If all a person needs to live and enjoy life is 50k, I'd say go for it. If you're making all that money online, you must be spending a considerable amount of time doing it. So why use up all your time working at a day job you can't stand when you can actually do things you enjoy doing? Isn't that the main reason why people try to make a living online and work for themselves?

Why wouldn't you? Quit day job, and make double what you are already making in IM. So with what you said, then 60k-80k/month or 650k-750k per year. That's plenty.