Professional, looking for a career change!

by Logan7
28 replies
Evening all. I am very happy that I have found this forum, seems like an amazing resource and a great group of guys and gals!

I have just recently taken an interest in IM and started reading here. There is a ton of info and I would love to know where to start. I know there are tons of ways to make money online and I want to do the research instead of just seizing on the first thing. I hope that by providing some info, I might be able to get some direction on what might be a good place to start, for me.

What I DO have:
1) Patience. I have a stable full time job, making ~$75k, so I am no in need of immediate money.

2) Capital. I have about $50k in non retirement stock. Naturally, I am not looking to throw it away. I do not want to buy a get rich quick scheme but I have money to invest in necessities. The more things take off, the more I would be willing to invest.

3) Some web knowledge. I know HTML and some javascript (as well as .Net and C#). I created web pages back in 2000 so I have the basic skills but I wouldn't say that I have any graphics skills. I don't know anything about SEO or related topics. I am not scared of technology, though.

4) Realistic expectations (I think, tell me if I am wrong here). I am bored at my job and I want to travel. I would love to make $40k a year over the web and travel around some countries where you can live well on $40k. Of course, I might get hooked and decide I want to make a lot more than that but my success standard is $40k a year, working no more than 30 hrs a week. That said, I get the impression that making any money is the hard part and, once you start, it's not that much harder to make $100k than it is to make $40k. But you can tell me! That's just my impression.

5) Ability to research. I like learning new things. I often take interest in new subjects and research them on the web, just for fun. That's why I think this might be a good business for me.

6) A level head. I am 40. I invest in stocks, I eeked out a living playing poker, I know there are ups and downs and variance. I look at long term income and I understand that there can be a lot of ups and downs in this business. I don't get overly emotional about negative events in the short run.

7) Freedom. Sort of. I don't have any family or a wife. I do have a house and a job, neither of which I am all that attached to, both of which are "OK", for now.

What I do NOT have:
- Any real knowledge of IM. Every thread that I read today has acronyms I had to look up lol. SEO, JV, etc. I still don't really know the way this works, except in the most general aspect.
- Tons of time. As long as I have my current job, I can't spend all day working on this. I can do 16 hrs on the weekends and probably 6 during the week. If I get to the point where I don't need my current job, I have no problem working 50 hrs a week to get things going with the aim of reducing hours as I go along.
- A product.
- A specific passion. There are things I am interested in, such as bodybuilding and nutrition, but I am not an authority. I haven't written articles and I haven't had a life long, overriding passion or anything.
- A sales or marketing background.
- Experience writing articles. I write posts on forums and I am literate and educated but I am not a professional writer. I like writing but I don't know if I have any particular talent at it. As you can probably tell from this post, I probably write too long lol.
- A large network of people, either business or friends. I have gotten too comfortable at a job, starting off as a programmer and working my way into IT project management. I realized that I don't have a passion for it, recently.

Thanks, in advance, for any advice!
- Logan
#career #change #professional
  • Profile picture of the author kb24
    Read as much as you can here... or if you are looking for a step by step guide look up the newbie workbook review. its a step by step guide mapping out what you need to do for 30 days to make money online. Or if you are looking for a mentor to show you how to make money online look up chris farrell membership review. Hope this helps..
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    • Profile picture of the author Diane S
      Pick ONE thing that looks good to you, buy one domain for it, work it work it work it until you see success. Let nothing distract you from getting success on that ONE thing. If you keep focused on it you will get success eventually. You will learn a ton. when you move onto the second thing that looks good to you, you will make fewer mistakes.

      I cannot recommend anything....it all works. Just pick something, anything, and don't let go until you are the victor.
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  • Profile picture of the author rickjamesinfo
    Well, you're on the right track because of your attitude and willingness to learn and move on from the past. Internet marketing is really just taking off in some parts of the world. So don't be afraid to jump into some things and make some mistakes because thats how I learned. If I had sat around waiting for some GURU to find me and teach me then I would still be floundering. Just DO IT. You'll learn more than way.
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  • Profile picture of the author Charlotte Jay
    If you're going to do one thing, I would say read, read, read. You will probably benefit greatly by doing this one thing alone. I also highly recommend taking the time to sign up for the War Room on this forum and gleaning as many nuggets as you can. Oh, and welcome! This is a great community
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  • Profile picture of the author brik2500
    Originally Posted by Logan7 View Post

    Evening all. I am very happy that I have found this forum, seems like an amazing resource and a great group of guys and gals!

    I have just recently taken an interest in IM and started reading here. There is a ton of info and I would love to know where to start. I know there are tons of ways to make money online and I want to do the research instead of just seizing on the first thing. I hope that by providing some info, I might be able to get some direction on what might be a good place to start, for me.

    What I DO have:
    1) Patience. I have a stable full time job, making ~$75k, so I am no in need of immediate money.

    2) Capital. I have about $50k in non retirement stock. Naturally, I am not looking to throw it away. I do not want to buy a get rich quick scheme but I have money to invest in necessities. The more things take off, the more I would be willing to invest.

    3) Some web knowledge. I know HTML and some javascript (as well as .Net and C#). I created web pages back in 2000 so I have the basic skills but I wouldn't say that I have any graphics skills. I don't know anything about SEO or related topics. I am not scared of technology, though.

    4) Realistic expectations (I think, tell me if I am wrong here). I am bored at my job and I want to travel. I would love to make $40k a year over the web and travel around some countries where you can live well on $40k. Of course, I might get hooked and decide I want to make a lot more than that but my success standard is $40k a year, working no more than 30 hrs a week. That said, I get the impression that making any money is the hard part and, once you start, it's not that much harder to make $100k than it is to make $40k. But you can tell me! That's just my impression.

    5) Ability to research. I like learning new things. I often take interest in new subjects and research them on the web, just for fun. That's why I think this might be a good business for me.

    6) A level head. I am 40. I invest in stocks, I eeked out a living playing poker, I know there are ups and downs and variance. I look at long term income and I understand that there can be a lot of ups and downs in this business. I don't get overly emotional about negative events in the short run.

    7) Freedom. Sort of. I don't have any family or a wife. I do have a house and a job, neither of which I am all that attached to, both of which are "OK", for now.

    What I do NOT have:
    - Any real knowledge of IM. Every thread that I read today has acronyms I had to look up lol. SEO, JV, etc. I still don't really know the way this works, except in the most general aspect.
    - Tons of time. As long as I have my current job, I can't spend all day working on this. I can do 16 hrs on the weekends and probably 6 during the week. If I get to the point where I don't need my current job, I have no problem working 50 hrs a week to get things going with the aim of reducing hours as I go along.
    - A product.
    - A specific passion. There are things I am interested in, such as bodybuilding and nutrition, but I am not an authority. I haven't written articles and I haven't had a life long, overriding passion or anything.
    - A sales or marketing background.
    - Experience writing articles. I write posts on forums and I am literate and educated but I am not a professional writer. I like writing but I don't know if I have any particular talent at it. As you can probably tell from this post, I probably write too long lol.
    - A large network of people, either business or friends. I have gotten too comfortable at a job, starting off as a programmer and working my way into IT project management. I realized that I don't have a passion for it, recently.

    Thanks, in advance, for any advice!
    - Logan
    Logan,

    congrats on your newfound hobby and/or passion!

    I would start with what you LOVE....if you love it...it

    won't seem like work...if it's nurition/bodybuilding...

    movies or whatever...start there....


    With that being said....time isn't as much of a factor

    as the effort you put in with that time....a few hours a day..

    or 5-15 hours a week...of focused time will go a long way in

    your endeavors...

    As with anything...IM has a learning curve...you'll hear things...

    then learn things after you heard them enough, etc....the biggest thing

    is to HAVE FUN with it....you're in no rush to make a living so you can do this leisurely....

    Hope this helps!

    BEST

    BRIK
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    • Profile picture of the author Logan7
      I appreciate the feedback!

      I have seen the advice to "Pick one thing" several times. Is there a list, anywhere, of the pros and cons of each type of IM that might serve as a place to start with research?

      Thanks again,
      Logan
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  • Profile picture of the author Cliff_OBA
    You definitely have enough time to get started. As to picking one thing, I would suggest getting a Warrior Plus account here in the forum. In the War Room, you will find a lot of resources. If you have patience, and like to plan, I would suggest some more research. If you prefer to jump in and get started on something, then I would start looking at the Warrior Special Offers for something that provides a full course. I don't have anything at hand to post, unfortunately, but believe me, there is no shortage of good introductory material. There must be a few threads such as 'best course for newbies' if you do some searching.
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    • Profile picture of the author Wills
      Why not just try something and see how you get on? That way you'll get your feet wet and learn the general process.

      You could start a beginner bodybuilding site or something similar. You may not be an authority, but will know more than beginners right.

      Of course keep reading and learning, but get stuck in and learn from your mistakes. You can always start a new campaign when you have a better idea of what you're doing.
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      • Profile picture of the author Logan7
        Well, I could just start with something and get some experience before switching to something else but that would seem to conflict with the advice to stick with one thing.

        It sounds like I need to at least research as many options as I can. It's one of those things where I don't even know enough to know what questions to ask. But that's ok, just means I need to do a lot of research.
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  • Profile picture of the author bruceimer
    You've got a great mindset for your future success. If I were you, I would start to build a list (a list will never hurt you anyway), and then pick some traffic methods you learn in this helpful forum to test until you find those effective ones for you. Stick to them and tweak, you'll have a good start and someday will fulfill your goal and possibly even much better.
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  • Profile picture of the author Deltia
    Have a read for something you like.
    Don't get caught reading in all of your time like i did for way too long! Information overload is not good
    The best way to learn, is to do. Jump in and live the dream, then stick to it for a while at least and work at it.
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    • Profile picture of the author jgant
      I was in a similar boat as you (the OP) not too long ago. I still have my job (actually an offline business in a profession), but I do IM on the side. My IM income is increasing monthly and I anticipate it will replace my main job income within a 1 to 2 years. I don't hate my present work, but I love IM, so I continue with it consistently.

      I'm going to veer a little from the pick ONE thing theme in this thread ... at least in the beginning. I experimented somewhat in the beginning to get a sense of an online business model I enjoyed and that worked. I stumbled around a bit while learning and when I found something I enjoyed in the IM realm and delivered some results, then I stuck to it.

      I don't think I would have learned what I like doing without jumping in and actually taking action in a few directions and figuring it out by process of elimination. That said, don't jump around endlessly due to impatience. If you find a model you like, and it's viable (i.e. other IMers make it work), then stick with it and build it into a something fantastic.

      I currently focus on 3 projects, 2 of which are related (similar content, different target markets). That's it, day in and day out (before and after work). It works and they're turning into actual businesses. In fact, as my projects grow, more monetization opportunites become available.

      SEO isn't hard to learn. This forum alone will teach you pretty much what you need to know. There are many great websites such as SEOBook, SEOMoz, Copyblogger, and Problogger (to name only a few among many). I discovered IM through having to learn SEO for my business. Turns out I love IM more than my main line of work.

      The 2 broad-stroke bits of advice that have worked for me, especially since I'm in an IM model that delivers information are:

      1. Deliver the best content you can. Quality over quantity works by far the best for me.
      2. Choose a niche/market you like and that interests you. I know many people say go where the money is, and yes, you want a profitable niche. However, in the beginning I worked in niches I wasn't too interested in, but simply couldn't turn those projects into outstanding projects due to lack of interest. But that's me and I know other IMers do great in niches they aren't passionate about.

      In addition to, or instead of your bodybuilding interest, you might take what you know from your profession and turn that into an online business model. Some people do this, but you might cringe at it given you wish to leave the profession anyway. The advantage is you know the industry well. The disadvantage is you're probably tired of it.

      With respect to your concern about not being an authority about bodybuilding, you can become one. If you like it, do work out regularly and know the basics, then you have an excellent foundation for building on that and becoming an authority.

      Think of a unique perspective to present. All authorities start somewhere. Just learn, do, and write about it (or make videos ... or whatever your info delivery preference is).

      IM is an extremely gratifying endeavor, something I'm grateful about having found every day.
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  • Profile picture of the author Joyful Thiek
    Congratulations Logan on finally coming to that conclusion. I was at a much similar phase of my life recently. I am an engineer having a decent 9-5 job in a top metals company. I had a long hard thought about my life and what I really want to do. It was a tough decision. But I decided being an engineer just isn't for me. So I gave my one-month notice to my boss. I'll be leaving the company April 15.

    Unlike you, I have had some experience doing internet marketing the past few years so I'm hoping to scale 'em up.

    From your post, I gather you're looking for a reliable stable income source. My recommendation would be ClickBank and CPAs. You'd probably already have noticed that most of the Warriors here make the big bucks from CB and CPA. I have yet to make the big bucks myself, but I'm working on it.

    So how do you do that?

    The general rule is: do keyword research, create a website, post your affiliate links, do SEO, generate traffic, generate sales.

    You could start first of all by creating a website. Maybe your skills are 2000-ish, but you'll learn along the way. Do SEO on the website as you learn. Meaning, get a good SEO guide. Implement the methods on your website. Well, it goes on...

    Just reading and reading will get you no where. I've been there. You have to start somewhere, anywhere - in this case, keyword research and creating your website in my opinion. Then learn as you implement each new technique you read. The difference between learning from reading and learning from experience is enormous. You of course already know that.

    Do one thing at a time. Don't jump from one field to another. You'll end up nowhere. Start something, give it your best shot and see where it takes you. If it fails, move on. If it's a success, scale it up. That's IM!
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    • Profile picture of the author FredJones
      You have a number of ways to go forward.

      (1) Sell services such as article, video, SEO, site design etc.
      (2) Sell Gigs like Fiverr (not high-paying though).
      (3) Flip websites.
      (4) Create affiliate sites for digital products.
      (5) Create Adsense-like sites.
      (6) Create digital products and sell.
      (7) Do CPA.
      (8) Do offline marketing.
      (9) Delve deeper into selling physical products.
      (10) Learn PPC and/or SEO and offer such services.

      There are a few others that I can think of but I guess this in itself is enough for you to start off.
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      I am offering a free website - get it now (and they offer you a free domain with this).
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  • Profile picture of the author jpdeanadams
    Hey Logan, thanks for sharing your story, I can really relate to what you wrote.

    I'm a lawyer and I have a great job at the moment but I'm not passionate about it. About a year ago I had the same "ah-ha" moment that you just had and started to be interested in IM.

    I've spent the last year learning everything there is to know about IM and SEO using Google Reader and subscribing to my favorite sites. Over the last year, I've started a few niche web sites using Wordpress to learn the ropes, practice SEO and to see if it could work. I also put some money aside to help with an eventual transition.

    The result is that I recently announced that I would be leaving my job in about 2 months to focus full-time on IM, Niche Websites and Blogging. So to answer your main question and know if it's possible to make a career change, the answer is absolutely YES.

    Now here are the tips I would give you:

    1) Learn: Over the next couple of months, try to focus only on absorbing information and learning about IM and blogging. The easiest way is to setup a Google Reader account and subscribe to sites like: problogger.net, smartpassiveincome.com and viperchill.com. You can also subscribe to podcasts on iTunes.

    2) Take action: I recommend that you start a website as soon as you get a chance to practice what you're gonna learn. Don't worry for now about low traffic, SEO, copywriting, etc., you will learn about it and improve over time, the important thing is to get started right away. Even if you're not sure about your niche, you can still start a new websites 4 months from now, at least all the knowledge that you will have acquired will make it much faster for the second website.

    I sincerely wish you good luck in your new projects and I hope you enjoy it!
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    • Profile picture of the author Logan7
      I have to say, I have done a lot of forum browsing in many different types of forums and this is one of the most supportive and informative forums I have ever seen. I can't say that I know the exact direction to take just yet but I did want to thank everyone for their responses.

      Pretty awesome, guys!
      - Logan
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  • Profile picture of the author davidfstyles
    Hey Logan,

    Thanks for starting this thread... I can totally relate.

    I used to work as a professional Engineer. It was OK, but always felt like a round peg in a square hole. So I started in IM back in 2003 as a way to generate an income to get out of it. Really glad I started! It took me a couple of years to get the hang of it, but eventually started making enough to live off.

    So a couple of years ago I flew over to Europe with a hybrid mountain bike and cycled from Budapest to Paris... and carried a laptop with me (McDonalds WiFi is great for internet connection!) and ran my IM business that way. Ended up cycling 3,800km and went through 10 countries on the way :-)

    IM isn't easy in the beginning and obviously it depends on how hard you work at it and how skilled you become, but I know quite a few people now making a F/T income now from IM. What I'd recommend is to be megga-focused and don't get distracted by info overload and actually do stuff with what you do learn and track the results... then continually improve on what you do.

    Hope that helps.

    David.
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    • Profile picture of the author cispratik
      Your article is very interesting, giving a lot of inspiration especially for this novice.
      Thank you for sharing with us, keep your great work and good luck.
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  • Profile picture of the author Critic
    If you want 40k a year in IM and leave your current job I recommend you to read as much as possible about list building, it's the only way that will enable you to print money at a click of a button, I call it the money factory.

    You will want to read as much as possible, find all the free information out there, do not buy any products, but do join the war room.

    Once you understand this business inside out, start it.

    Regards
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  • Profile picture of the author Alexa Smith
    Banned
    Hi Logan,

    I offer a thought on just one of your questions/issues, point (4) ...

    Originally Posted by Logan7 View Post

    4) Realistic expectations (I think, tell me if I am wrong here). I am bored at my job and I want to travel. I would love to make $40k a year over the web and travel around some countries where you can live well on $40k. Of course, I might get hooked and decide I want to make a lot more than that but my success standard is $40k a year, working no more than 30 hrs a week.
    In my opinion, from reading your whole post, to build up to about $40k in about 30 hours per week is not unrealistic at all (I did about 30 hours per week in my first year and got to that monthly level - $3,333 per month - in my 5th month, I think, having wasted a lot of time at the beginning while misguided and ill-informed).

    Originally Posted by Logan7 View Post

    That said, I get the impression that making any money is the hard part
    I agree with this, from what I've seen.

    Originally Posted by Logan7 View Post

    and once you start, it's not that much harder to make $100k than it is to make $40k.
    I'd say that's sometimes entirely true and sometimes very far from being true.

    It depends what you do, and how scalable it is.

    As an example from my own experience (I'm not suggesting it could or should or might have any relevance to what you could or should or might do yourself - it's just one example with which I happen, myself, to be familiar with "both sides of the story"), in the area of promoting products as an affiliate using article marketing, I'd say:-

    (i) For many people it's clearly true that making any profit at all is the first hurdle, and a big one;

    (ii) There are ways of doing article marketing by working hard and consistently and "rinsing-and-repeating" which can produce $3,000-odd per month (there's your $40k) but more or less have an income ceiling there which it would be extremely difficult to break through, because they're not really "scalable", for most people, most of the time;

    (iii) There are other ways of doing article marketing in which that level of income is (and can perhaps really only ever be) part of a smooth progression to much higher levels, and from which one might say that if you can get to $40k then you're almost definitely going to get $100k+ and keep growing.

    It all depends on the extent to which the business model is scalable, and represents a real, asset-based business which produces true residual income from work already done. (If you don't create that, then you're not actually building a business - only a part-time job for yourself).

    Unfortunately, this is something it's very difficult to judge at the outset, when one has no experience. :rolleyes:
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    • Profile picture of the author Logan7
      Lots of advice here, and warm welcomes that are much appreciated!

      I have been doing some research. I was starting to lean towards amazon affiliate marketing for a bit before I found about the whole NY/NC/IL affiliate ban thing (I live in NC). So...back to research!

      Originally Posted by Alexa Smith View Post

      (ii) There are ways of doing article marketing by working hard and consistently and "rinsing-and-repeating" which can produce $3,000-odd per month (there's your $40k) but more or less have an income ceiling there which it would be extremely difficult to break through, because they're not really "scalable", for most people, most of the time;
      That's a good point, Alexa. I was coming from the frame of reference that all IM involves getting traffic, conversion to sales and snowballing more traffic with popularity. After some research, I have since learned that it's a broader market than that. As Just_Mel mentioned, it even includes straight contract work.

      Here's a question. Do you (or anyone reading this) find that there is a fair risk/reward ratio in the different ways of doing IM? That is, take one method that is scalable and could make $1m a year, as opposed to a method that might have a ceiling of $40k. Is the first method likely to have more risk (less likely to succeed, requires more investment, etc.)?

      Originally Posted by ScottTMk View Post

      Hi Logan, I guess your post prompts alot of "you need this" type of reply's...
      Yes, as expected

      Originally Posted by ScottTMk View Post

      as most will find out that if you just jump into the industry after finding a product you like you'l learn the hard way that it just isn't as easy as some make it out to be...
      I believe that. I get a slight emotional reaction when I see the promises but the oft-stated idea that only 90-93% of people make money online (or something similar to that) is a sobering thought to keep in mind. I am fortunate enough that I have a good income job so I am not risking my life (or lifestyle), just my free time and a small bit of discretionary income. I don't plan to quit my job until I am making the money that I want to from IM.

      Originally Posted by ScottTMk View Post

      Well I took some advice not too long back to get a mentor and let them teach me what I needed to do
      I have mixed feelings on that. On one hand, I do have some capital to invest so I feel like that is an advantage and I hate to not use an advantage. That said, I am a bit skeptical on the idea that anyone who really made a fortune in IM is still hanging around, selling systems and not off, sailing around the world somewhere.

      Originally Posted by NateRivers View Post

      The formula for that would be:

      -Start out promoting affiliate products
      -Immediately begin building a list, by offering a freebie for an opt-in
      I apparently can't do amazon affiliation, due to my living in NC. As I understand it, ClickBank might be the next best option?

      Btw, I couldn't get to everyone I wanted to respond to...I am on lunch break and running out of time. I will get back later.
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      • Profile picture of the author Alex Frei
        I can suggest you to look at product creation since it's probably the most scalable thing within IM. But product creation is not for everyone.
        So, I'll just rip off some questions from my own product:

        Without what your life is meaningless?
        What's the most important in work/business?
        What can you do well without much effort and struggling (that others can't do as easily)?
        What is the most important in relationships?
        What hobbies do you have?
        What problems (big and small) have you solved in your life?
        What challenges have you overcome in your life?
        What unique experience have you had?
        What have you achieved in your life?
        What do you do differently from others?

        Brainstorm for a couple of days.
        Hope that helps.
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  • Profile picture of the author Just_Mel
    Originally Posted by Logan7 View Post

    - A large network of people, either business or friends. I have gotten too comfortable at a job, starting off as a programmer and working my way into IT project management. I realized that I don't have a passion for it, recently.

    Thanks, in advance, for any advice!
    - Logan
    I think you may have your answer right there. Programmers make a ton on places like RentACoder & oDesk.

    You could easily build up a portfolio quickly. As you're doing that, learn how to research markets - find a need and fulfill it.

    You are off to a great start just by being here. (Welcome, btw)

    There are sections of this forum you could check out today & most likely find a match for your talents - Warriors who could use your specific skill set. Check out the Members Looking to Hire You section.

    As you learn more & get more comfortable - you will begin to be able to spot areas where people need help. Look at what applications or programs you could build to make things easier for people to complete their work - & then sell it as a WSO right here. Some people make quite comfortable full time livings from WSOs alone!

    That would cut out a large portion of the learning curve for you - & make you money as you ARE learning things like SEO, landing pages, etc if that's what you wish to do - or you could simply just outsource these things & focus on what your talents are.

    Whatever you choose - the most important thing is to TAKE ACTION. Don't become a victim of paralysis by analysis!

    Best of luck to you
    Signature

    "I never saw a wild thing sorry for itself. A small bird will drop frozen dead from a bough without ever having felt sorry for itself." - D.H. Lawrence
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    • Profile picture of the author John Romaine
      I would strongly suggest investing some money towards coaching or finding a mentor. Someone that you can work closely with and LEARN from. Someone who is where you want to be. Someone whos success you can easily replicate. They should not only tell you what to do, but WHY you should do it.

      The time and money you will save alone by simply getting a mentor, will make it worthwhile.

      Not doing so may lead to a lot of frustrations, and failures. Trying to learn this industry on your own with no IM experience will be tough.
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  • Profile picture of the author NateRivers
    Originally Posted by Logan7 View Post

    Evening all. I am very happy that I have found this forum, seems like an amazing resource and a great group of guys and gals!

    I have just recently taken an interest in IM and started reading here. There is a ton of info and I would love to know where to start. I know there are tons of ways to make money online and I want to do the research instead of just seizing on the first thing. I hope that by providing some info, I might be able to get some direction on what might be a good place to start, for me.

    What I DO have:
    1) Patience. I have a stable full time job, making ~$75k, so I am no in need of immediate money.

    2) Capital. I have about $50k in non retirement stock. Naturally, I am not looking to throw it away. I do not want to buy a get rich quick scheme but I have money to invest in necessities. The more things take off, the more I would be willing to invest.

    3) Some web knowledge. I know HTML and some javascript (as well as .Net and C#). I created web pages back in 2000 so I have the basic skills but I wouldn't say that I have any graphics skills. I don't know anything about SEO or related topics. I am not scared of technology, though.

    4) Realistic expectations (I think, tell me if I am wrong here). I am bored at my job and I want to travel. I would love to make $40k a year over the web and travel around some countries where you can live well on $40k. Of course, I might get hooked and decide I want to make a lot more than that but my success standard is $40k a year, working no more than 30 hrs a week. That said, I get the impression that making any money is the hard part and, once you start, it's not that much harder to make $100k than it is to make $40k. But you can tell me! That's just my impression.

    5) Ability to research. I like learning new things. I often take interest in new subjects and research them on the web, just for fun. That's why I think this might be a good business for me.

    6) A level head. I am 40. I invest in stocks, I eeked out a living playing poker, I know there are ups and downs and variance. I look at long term income and I understand that there can be a lot of ups and downs in this business. I don't get overly emotional about negative events in the short run.

    7) Freedom. Sort of. I don't have any family or a wife. I do have a house and a job, neither of which I am all that attached to, both of which are "OK", for now.

    What I do NOT have:
    - Any real knowledge of IM. Every thread that I read today has acronyms I had to look up lol. SEO, JV, etc. I still don't really know the way this works, except in the most general aspect.
    - Tons of time. As long as I have my current job, I can't spend all day working on this. I can do 16 hrs on the weekends and probably 6 during the week. If I get to the point where I don't need my current job, I have no problem working 50 hrs a week to get things going with the aim of reducing hours as I go along.
    - A product.
    - A specific passion. There are things I am interested in, such as bodybuilding and nutrition, but I am not an authority. I haven't written articles and I haven't had a life long, overriding passion or anything.
    - A sales or marketing background.
    - Experience writing articles. I write posts on forums and I am literate and educated but I am not a professional writer. I like writing but I don't know if I have any particular talent at it. As you can probably tell from this post, I probably write too long lol.
    - A large network of people, either business or friends. I have gotten too comfortable at a job, starting off as a programmer and working my way into IT project management. I realized that I don't have a passion for it, recently.

    Thanks, in advance, for any advice!
    - Logan
    Logan,

    Yes, reading the WF is a great resource, but as you'll notice you'll soon have so much information and so many tactics that you'll end up confused. The best advice I can offer is to choose a niche, build a site around it, ONLY work on that one site until it's making money. The formula for that would be:

    -Start out promoting affiliate products
    -Immediately begin building a list, by offering a freebie for an opt-in
    -Divide up your time in the following way: 50% producing content > 25% generating traffic > 25% on conversion.
    -Only allow yourself "learning"(reading the WF,etc) time if you've already put in 4 solid hours of work on the site on any given day.
    -Once the site is making around $500/month, then attempt creating your own product promote it instead of any affiliate stuff.

    I realize I didn't include many very specific "how to" steps, but you're far better off just jumping in and actually trying things instead of reading for hours trying to find that absolute best way to do a certain thing, because there isn't a bulletproof best way to do any one thing.
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  • Profile picture of the author ScottTMk
    Hi Logan, I guess your post prompts alot of "you need this" type of reply's...

    Can I say great for taking an interest in IM and this forum, I joined this forum also not too long ago, its a great place to share ideas and gain knowledge on areas im not so clued up on.

    You seem to have some great basics in knowledge as far as a "newbie" to IM goes, but as most will find out that if you just jump into the industry after finding a product you like you'l learn the hard way that it just isn't as easy as some make it out to be... sure there are systems and things to do, but how do you learn those without throwing alot of time and money at it?

    Well I took some advice not too long back to get a mentor and let them teach me what I needed to do, none of this trial and error, just straight forward methods that work!

    I wont really bore you with any type of sales letter type thing because your a clever guy who will be able to decide for himself what he needs to do to get into the IM industry and be able to make the 40k a year.

    Any other questions please feel free to get in touch!

    -Scott TM
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    • Profile picture of the author surfless
      Hey Logan, you are in for the shock of your life if you want to make a living online. You think acronyms are bad, Each "acronym" you had to look up is a complete industry you have to learn and there are a ton of industries you will have to eventually learn before earning any money and quitting your job.

      Things like domain, squeeze pages, website, product, traffic (and traffic is about 50 industies in and of itself), emails, autoresponder, and the list of industries go on and on.

      Everyone here knows the best solution to any one problem but you have about 30 problems facing you to overcome before you make money.

      Of course personally I favor what I am doing and you are welcome to check it out and model what I'm up to. I give away alot of information up front and then teach people how to make money online through a series of emails i send out about three times a week for 1 yr. to give people time to absorb the info and choose how they want to proceed.

      It has taken years of hard work to put my training into action. You are of course welcome to check it out as I like teaching people how and the more the merrier.

      Good luck in whatever you decide. Jeff
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  • Profile picture of the author Deric Yin
    Hi Logan, start by promoting other people's products - you'll find some merchants who are willing to help you get started.
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