How Long Does It Take To Earn Full-Time Income From IM?

30 replies
Hi Warriors,

How long did it take for you to completely be able live off your online income? And why do you think most newbies fail?

Just interested to hear your stories and thoughts!

Thanks,
Had
#earn #fulltime #income #long
  • Profile picture of the author Always-A-Warrior
    It depends on how fast you can learn about it. The only time there is for making money is spent finding out how and even then you still need more time to make up your mind.

    All newbies fail. All successors gets back up and try again.
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  • Profile picture of the author Daws0n
    I am still not earning Full Time income from I.M, still i am earning a reasonable amount every month and the best part is, its increasing as the time is passing by so that's something which motivates me to work even harder.

    Most of the newbies fail because of impatience, earning online is not an easy task and it needs a lot of hard work plus patience. you have to understand the concept before before you start making money online which requires time plus effort.
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    I don't have a signature dude!
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Hadouken View Post

    How long did it take for you to completely be able live off your online income?
    About 4 - 5 months. I wasted about 3 - 4 months not knowing what I was doing and being badly advised, believing a lot of "urban myths of internet marketing", accepting the consensus of opinion without realising that it's often very misguided, and not having enough judgement to know who to listen to and be guided by.

    Originally Posted by Hadouken View Post

    And why do you think most newbies fail?
    A combination of two main things:-

    (i) They take misguided advice, accept the consensus of opinion without realising that it's often wrong, and don't have enough judgement to know who to listen to and be guided by;

    (ii) Some get disillusioned more quickly than others and decide "it doesn't really work" rather than "I'm probably doing it the wrong way".
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    • Profile picture of the author Josh Richardson
      It really does depend on how fast you pick up on information.

      You can start making money by next week if you put your heart and soul into ONE strategy at a time.

      Alexa makes some great points with reference to being misguided - best thing to do is do some of your own research look up testimonials on people and their products before you take the plunge.

      Good luck on your venture and welcome to the forum
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  • Profile picture of the author areoo
    one thing i find true is that... not giving up and just keep doing whats right. hehehe patience and dont give up attitude
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  • Profile picture of the author Helps Here
    totally depends on you. You could never do it or do it in weeks or months. Just keep going and never quit.
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    You can do it!!
    my new site is here!
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    • Profile picture of the author pruitts
      Originally Posted by Helps Here View Post

      totally depends on you. You could never do it or do it in weeks or months. Just keep going and never quit.

      yes we are on the same boat..Eversince I am experiencing it and On this day on..'coz until now I do believe that "Life is like a tire, Sometimes you are up and sometimes you are down..But most of the time I feel that I am down,
      But I'm not quitting,,I'm moving On...
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      • Profile picture of the author myob
        Online marketing was literally an overnight success for me. Years before, I was fired from my job, so from my severance pay and unemployment I actually went full-time into the mail order business.

        Having read a lot of Dr Jeffrey Lant's books such as "Cash Copy", I bought some of his "reports" and other books and sold them through mail order. Within a few months I was earning a very comfortable full-time income. When I started selling online, my business skyrocketed and has been ever since.

        Newbies fail primarily because they fail to realize they are in sales and marketing. They seem to always be in search of the "Holy Grail" to success and easily distracted by hordes of misleading "gurus". Online sales and marketing techniques do not change fundamentally from the core basics of proven offline methods and practices.
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  • Profile picture of the author maame
    Banned
    [DELETED]
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    • Profile picture of the author JoeMack
      Originally Posted by maame View Post

      In my opinion, newbies fail because they give up too soon. Making money online is no easy task and in most cases it takes few months before you can see some profit. People expect instant profits and when they don't get it....they give up.
      I totally agree with this comment.

      Most newbies underestimate the time and work needed to generate online income, and this is especially true if they are following outdated IM blueprints.

      The key to newbie success is to simplify the process as much as possible. I believe the goal should not be placed so heavily on running a business. Instead, the focus should be on generating those inital profits.

      Once a newbie makes a little bit of money, their motivatation and stamina explode, causing them to take much more action. It's at this point that they should change their focus to running a internet business.

      But in the begining....in order to create the "hunger" that you need to survive with internet marketing, they NEED to taste the sweetness of monetary success (ie. profits).

      Just my 2 cents.

      JoeMack
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  • Profile picture of the author asphotographymk
    Its so easy to give up. I started using adsense about 2 months ago and so far i have made about £5. I wont stop though i know it will work in the end.
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  • Profile picture of the author Hartwigm
    Surely it depends on the niche, the commitment and the ability of the marketer.
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    • Profile picture of the author magnates
      3 to 6 months of massive action and build relationship with winners in your niche and creating amazing content . You would build fan and people would buy your products or service because they would already be making money with the free stuff
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      • Profile picture of the author MrJupiter
        I'm not quite there with a full time income. But in a month or two I should be ready to quit my job. As I'm sure you already know quick fixes/silver bullets aren't the answer. In IM it's easy to hop from one product to another. That's a HUGE mistake.

        Implement a strategy at a time, and see it through until you can honestly say that it's not going to work for you. AND, TAKE ACTION. You could sit here and learn all day, and just feel overwhelmed. Take action my friend, and you'll get there in hopefully 4-6 months.

        And, remember it's a profession, not a fad. It's not for everyone. IMO.

        To your success,

        Ben
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      • Profile picture of the author DIDDY1
        I'm on my 4th month, and probably 4th idea...lol. I swear, I read 1000 times about following shiny objects, yet, I swim up to them with mouth open waiting for the hook.. I would not make it one day as a fish..

        Last 2 weeks I settled on one main purpose, and see a light. I have reinvested all the profits into tools to work with, I may actually stop that, and either outsource, or stick to basic bum marketing... Long story, without any distractions (the hardest part), you can see some decent money in 4-5 months.. Remember, sometimes, this is harder then working for a living.. I have been typing a midnight trying to bookmark a new site.. So, to start your hourly rate will be horrible... I remember the old old xfactor thread where he worked over 80 hours per week, I thought it was marketing BS.. There are weeks I would love to work ONLY 80 hours...
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  • Profile picture of the author NateRivers
    A few months if you do effective market research and then do several hours of actual work everyday.
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  • Profile picture of the author sparckyz
    It takes 5 months, 3 weeks, 8 days, 10 hours, 34 minutes, 22 seconds, and 5 milliseconds to earn a full time income online -- oh-know! wait! maybe that was my clock lol
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    • Profile picture of the author Damani Tabor
      A good question.

      Truth is: as long as it takes for one to find a reliable system that they can scale up to a level of replacing ones income, and then allowing total freedom.

      System is the key.

      Most big successes do one or two things really well.

      Article writing guys.
      Product creation guys.
      Youtube guys (this is hard... more on that in an upcoming thread).

      Success is in systems. (I wonder if thats a quotable quote yet. Im off to research).
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  • Profile picture of the author J R Salem
    I believe it takes a lot longer than is being implied in this thread.

    You need to treat this like any other profession and work your way up.

    You cannot expect to get to the top overnight. It takes hard work, and daily dedication to make it full-time.

    I would say after you take the time to learn a business model, and put it into action, you can make it full time within 6 months to a year, but most likely longer.

    Everyone is different.
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  • Profile picture of the author Jeremy Banks
    I started about 2 years ago and I quit my job in Sep 2010. The bulk of my income came AFTER I quit my job and really focused on earning money online

    I taught my brother what I do in January 2011 and he is making as much as me (on adsense and Amazon anyways ) in only a few months.

    My bro went HARD to catch up to me with my proven system while I am always wasting / using my time testing new things and trying new tactics. I love to learn, my brother loves to make money!
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    • Profile picture of the author Dax Brathwaite
      How long does it take? Anywhere from 1 month to 5 years.
      Why do most fail? short answer - information overload.
      Long answer - I think failure is designed in the setup of this world/society. There are so many things that you can name that many people will fail at. In business, 90% of startups have been failing for decades. IM is a business, so we'll see the same there too. People will always fail for one reason or another. Take away the top reason, and another reason will quickly take its place.
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      • Profile picture of the author Brendan Vraibel
        Still not there completely but I am starting to see my hard work pay off and there is no better feeling.

        As far as failure goes, for me it was no different than most I'm sure. It was mostly information overload but it was my own fault. Instead of learning as I went along like I should've, I spent all of my time trying to learn and took no action. Then when I went to take action I realized that I didn't know as much as I thought I did.

        You can read about driving a car as much as you'd like but the only real way to become a good driver is hopping behind the wheel.
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  • Profile picture of the author simonbuzz
    Banned
    everything depends on you...if you can master the techniques in a short time then you will see a small amount of income coming in your way...and most newbie fails because they don not have patience they just jump from one method to another which makes them frustrated and leads them to leave IM......I hope you got the answer..
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    • Profile picture of the author capitalalchemy
      I can't say that I'm earning a full living quite yet, but I can tell you one crucial lesson that I have learned, and it's extremely important.

      People often times talk about taking poor advice, but I think many misread it and assume that it's through marketing courses, etc...

      In actual fact, the worst advice I ever got was from hanging out at certain forums (not this one of course

      I remember years ago coming up with some really cool strategies, and then sharing a little info. It was put down by people left and right. I listened to them and figured it wouldn't work.

      Now here's the catch. The post count for all of these guys was in the thousands, so I assumed that they must be experts when in fact they were struggling newbies who had nothing better to do than hang out on forums all day and be pessimistic because things weren't working out for them.

      About a year later I revisited this one particular forum, and someone had started a journal and they were having great success. What were the techniques the guy was using? the techniques that I thought would work a year before.

      I didn't invent these things, but I realized them on my own due to research and not listening to anyone.

      The most frustrating part was that all of the people who were following this guy like flies were the same ones who poo-pooed my ideas.

      LESSON: Follow your heart and don't listen to the masses.
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  • Profile picture of the author Chris Worner
    If you start your business on a solid foundation, and are dedicated to making online buisiness work for you, you can expect to see results pretty fast. For example, create articles for syndication rather than back links and short term traffic, while spending time contacting relevant ezine publishers, webmasters and bloggers so you can get your content in front of their highly targeted traffic whom you can funnel into your websites and mailing lists and promote to, making you money.

    Chris
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    • Profile picture of the author Tanae Jay
      As all these post is so true I am a newbie to IM and right to this very moment is stuck in information overload. What I am realizing that time and patience is very important! It won't happen overnight.
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      • Profile picture of the author Emilyp
        It can take a couple months but what novices generally need to understand is they will fail before they will ever succeed. If you go into it with the mindset that it is a learning curve and that failure is apart of the process then you'll eventually come out on top.
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  • Profile picture of the author Carol_A
    I started the first of the year and am making thousands per month (won't say if that is 2, 3, 4 or 5)

    I started with a good coach and have an extremely strong work ethic.

    However, I have struggled with focus at times and am STILL learning how to be the most productive each and every day.

    I think most newbies fail due to not knowing the steps and order to go in; no clear cut plan.

    I highly recommend starting with a coach - accountability is key.
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  • Profile picture of the author genhorrall
    The answer to the first question really is that it takes as long as it takes. Meaning that it depends on how quickly someone understands and then takes actions on the principles they are putting into play.

    The answer to the second question is that they do not have the right mindset. Most newbies come a this with a j.o.b. mindset. Thinking okay I will make a pay check each and every week comparable to my job. They are looking to get paid. They do not see this as a business.

    That is way most newbies fail. If you look at the failure of small businesses. 95% fail in the first five years. IM is not different. Except that most IMers give up and fail much sooner.

    It all boils down to the mindset though. Do you have what it takes to work for yourself? To push yourself and call yourself out on your own bs when you are not working? That sort of thing. No excuses. That and most people think that working on-line is easy. Yes it is easy in the sense that you are not digging a ditch, but it is still hard work. You have to make yourself work even when you don't want to. Keep pushing when others don't believe in you.

    If you can do all that and put in the time, then you will still fail, but you don't give up. You keep coming back to learn where you failed and do better. That is what success is, finding all the ways that something does not work for you, till you find one or two that do.

    That could take a week or it could take years. The choice and the decision is in each person that persues this dream.
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  • Profile picture of the author Hadouken
    Thanks so much for sharing so far guys, really appreciate your input! Looking forward to more insights :-)
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