Hey Boss, guess what? I QUIT!!!!

28 replies
Dear Fellow Warriors,

This is an old question on this forum but with a twist and without all the personal financial info.

How long did it take you to quit your day job and start working at home pursuing IM fulltime?

Another way to ask this is how long did it take you to match your monthly expenses that gave you the security to quit your day job and work from home? (by home, i also mean on your own)

Im not asking for your Fy08 personal income, bank statements, 401k's or anything like that, I just want to a more realastic timeline about this industry. Everyone that tries to pursue this business is in search of the mythical "Golden Niche" that will springboard them into the early road of retirement.

Being a realist im thinking about 1.5 to 2 years to be able to achieve this goal. 8 months to 1 year to learn the game, then 8 months to 1 year to implement it successfully.

Is this too far fethced or am i right on the money? Please share you timeline with us

Thanks for everything.
#boss #guess #hey #quit
  • Profile picture of the author trafficwave
    The overall course of action, for me, took about 2 years once I decided and COMMITTED to learning how to get it done. Probably could have been quicker but I went through periods where I didn't take consistent action.

    Once I really "pulled the trigger" and committed to moving forward, I had about 6 months of just working like crazy at night (many sleepless nights) and then I was able to start firing bosses. I had a few of them at the time.
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    Brian Rooney, CEO
    TrafficWave.net Email Marketing AutoResponders
    Email Marketing Blog

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    • Profile picture of the author Frank Bruno
      I made the transition in 1997 to a full time Internet marketer when I used to slave away bustin up my body every morning breathing dust and scraping floors as a floor installer.

      I didn't want to be like my co-workers who were absolutely miserable who hated their jobs, hated their wives and hated themselves.

      I wanted to use my brains instead of my body and thats when I started looking at starting my own business. I only stumbled upon the Internet as a tool that my competitors were using. So I thouhgt I should be doing the same thing.

      I started making the transition and after a few months I was able to quit my day job and work full time online. I had no kids at that time and only rented a room with a friend. My living expenses were minimal but within just a few months I was making 10k and 90% if it was clean and free net profits.

      I kept building my website getting links and traffic and learning everything I possibly could about search engine optimization.

      I put everything I had into that website and held onto it for eight years until it was acquired for a substantial amount of money.

      During those eight years I had that website it made me a tremendous amount of money and taught me an enormous amount about Internet marketing that can never be taken away. This allowed me to continue developing moneymaking websites for 11 years now.

      So depending on your living situation you can make the transition from ditching your job forever within weeks months or years. It all depends on how much time you have to put in your business and how much effort you put into it during your extra free time.

      Frank Bruno
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  • Profile picture of the author RDGatchel
    FANTASTIC question!

    It's one of those things that people dream about ... quitting their job and going out on their own ... but when it comes down to the time of actually DOING it people DO get paralyzed with fear! I KNOW ... I'VE BEEN THERE!

    It took me about 3 years of H-A-R-D work to start to notice that my "part time income" started to match my job income.

    It was then that I had the decision to make, and it was hard ... well ... actually it wasn't. :-) because the company I worked for was getting more and more awful by the day.

    I walked in and said, that today was my last day and where do I pick up my final check. I walked out the door and went home scared to death!

    WHEN I STARTED WORKING FOR MYSELF I NOTICED SOMETHING INTERESTING

    I ended up spending a lot less money than I did when I was working! Because I was home. I didn't have to spend a much money on my car for gas ... oil changes ... maintenance. I didn't spend as much on clothes for work. I didn't spend as much on "lunch out with the guys". And other things.

    Bottom line? Working at home SAVED me a LOT of money that I was spending working for someone else! The only thing that went up was my energy bill (electric) because since I was HOME all day I used more electricity and heat / air conditioning!

    In my case, my "entrepreneurial income" was pretty much the same as my job income ... but I SPENT LESS! So in a way ... I got a RAISE when I quit my job!

    BUT ...

    When tax time came around too (for us in the USA), I was able to save even MORE money due to the tax benefits of having a home business - (talk to your accountant for your situation).

    AND ...

    Thanks to the fact that I didn't need to do any shopping when the rest of the working world did (food shopping at 1 PM is a lot nicer than 6 PM when everyone else is getting home from work) - this allowed me to even save more money since I had TIME to plan my shopping and not deal with "rushing through the stores" with the rest of the crowds.

    So ... in the long run I actually KEPT more money as a self employed entrepreneur even when the actual income in was about the SAME as my job income!

    I know that this may not directly answer your question, but I wanted to let you know of my experience of the 'hidden savings' that you can get when you start working for yourself and quit that job. You can then calculate that into your "quit your job" equation!
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    Bob Gatchel
    Internet Entrepreneur
    as Featured in the Best Selling Book:
    "Multiple Streams of Internet Income"
    Creator: Internet Riches Made Easy

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  • Profile picture of the author ADAMw3
    I am 23 years old, got started with internet marketing last year, but did not take it seriously till June when I graduated from college.

    I worked at a national accounting firm for 3 months, then went fulltime online and have not looked back.

    Be smart and do not waste time switching from one idea to another and you will be making a part time income within a couple of months. There is no reason why you should cannot be making a full time income by the end of 2009 ( I would even say that if you are a fast tracker, by the end of September)
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  • Profile picture of the author charleshu
    I've started out in IM for over a month, and i absolutely don't think IM is some get rich quick methods or early retirement plans or guaranteed money methods.
    I'm sure all of us know its really much more than what everyone is saying it to be. I feel that this belief of the get rich quick scheme is due to the many offers and products out there (probably including WSOs) which are protraying the best case scenario in order to entice people to buy.

    Other than the myth of IM being a mythical "Golden cash generator", its does require ALOT of hard and focus work. Well, at least if you are starting out like me. There's alot of existing competition which can be quite demoralising and stressful. So my word to myself is to think ahead, plan and action, review, think, plan and action, review, how to do get the upper hand in the competition, plan action.
    And constantly researching for greener gold mines.

    Back to the topic, im Hoping myself to fire my boss in 1 years time. Which by the time i should be able to comfortably bring in more than what my boss is paying me, and have a very good clear and confident IM career plan for the next 5 years. Economy is bad, think before leaping.

    Last tots: you need to at least have a bit of passion in marketing or the internet and have strong beliefs that you can actually make money with IM, in order to successfully survive this IM journey. Its damn easy to give up halfway.
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  • Profile picture of the author Ryan Dodson
    After going through so many day jobs and quitting my final one back in Feb '07, I decided to go all in and start a profitable web business...WITH NO EXTRA SOURCE OF INCOME .

    Did it work out? Well, I'm sitting here typing on my own computer using my own internet connection...

    I found my niche pretty early and stuck with it.
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  • Profile picture of the author nicholasb
    I quit when I made my first sale. It was only 35 bucks, but it gave me hope. it's been over a year now and I am loving every minute of it.
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  • Profile picture of the author TLTheLiberator
    You really should take your time firing your boss.

    I been full time for over 3 years and...

    I'd wait until I was making the same money as I was from my job + 30 to cover benefits for at least 12 months in a row before I would even think about quitting.

    Test yourself and if you can create the kind of income you want on demand - you're ready to leave.

    Hope This Helps!!

    TL
    Signature

    "It's easier to fool people than to convince them that they have been fooled. -- Mark Twain

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  • Profile picture of the author Steve MacLellan
    Sometimes I miss my job...

    I was a second year electrical apprentice AND an electronic technician -- always had a fascination with anything electrical. I got onto web programming and noticed a similarity in programming languages to digital electronics. This is what drew me to developing websites. Back in the early to mid '90's there were only 30-40K using the Internet -- I figured as its popularity grew, there would be a lot of people wanting to advertise online....

    But when I quit my job, I wasn't working in either of these electrical fields. In my early years before my electrical/electronic training I had extensive experience in the operation of feed manufacturing plants. So when I had moved to a new city and couldn't find a job in the areas where I was trained, I fell back on experience and took a job as a feed technician.

    I held the record of being the most productive and was voted in as shop steward. Management hated me, but I knew more about running the place then they did. The company's customers would call the office when I was on shift and ask to speak to me -- I understood their concerns.... I listened to them...

    I was the only worker they had that could run the entire plant by myself. Even though management didn't like me, I had their respect, and obviously the respect of my co-workers since they voted me in as shop steward.

    But you know.... that's life! You take the cards you're dealt and you make the most of it. Even if you think the job is somewhat beneath you. If the job is really beneath your abilities, then there shouldn't be any problem being the top dog in these given circumstances. <i>Always be the best you can be.</i>

    I miss sitting in my office behind a computer (much like what you have on front of you right now) controlling two 200-hp machines that I could fine-tune to crank out 20 ton an hour each. It was a *RUSH*!! I knew just how to adjust those machines so I could get optimal performance from them.... and I fought tooth and nail with management to set new standards for shift work, how feed was produced and customer relations -- and won. LOL... of course, it wasn't just me that won -- -everyone won.

    Two years previously I had laser surgery to fix my sinuses. It was a temporary fix. If any of you have had the operation you know, that it leaves your sinus cavities in very rough shape -- so that dirt that you breathe in can hide in those rough ridges and deveolp into an infection.

    When I quit my job, I was only able to work four out of five shifts -- but it didn't matter because I was already earning, online, 3X what my employer was paying me. Everyone there knew it -- I had the nicest vehicle, the nicest house, etc...

    You know what? If I lost all of my clients tomorrow and could only get a job shoveling pig barns, I would be the best shoveler you ever saw -- 'cause I don't want to take 2nd place at anything I do.

    Regards,
    Steve MacLellan
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  • Profile picture of the author imoutthere
    Wow, its amazing how many different paths people take in life to get to the same destination. I also commend you guys who just quit everything and pursued this business fulltime.

    Steve,
    Great story, I can definately agree with what you are saying. I enjoy my job, i get to blow stuff up (military man) but the time spent away from my children has caused me to start setting up for my second career AGAIN (long story).

    So far my ive just been reading alot and in '09 im going to implement alot of what i learned. Ive learned alot from this forum and a couple of others. The real source of knowledge is all underlying information that you have to piece together. Alot of threads have nuggets of valuable information, you just have to pull things from everyone to develop your angle and plan. But i think that i should be able to escape the "rat race" within the year. Ive set up my goals for the year and Paul myers workbook really made me think about all that i want to accomplish in 2009-beyond. Something as small as just wrting down your goals can be so impowering.

    Thanks for posting. Im enjoying hearing everyone's timeline of getting out of the "rat race" and being able to FIRE YOUR BOSSES! LOL
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  • Profile picture of the author Eric Land
    Hey,

    Not sure if this has been said already. But you say 8months to 1 year to learn the game but i think you can make that happen a lot sooner if you just have some money to spend.

    I would recommend you getting a coach/mentor someone who is established either on this forum or in the IM world there are plenty out there. You can get a full one for a month for probably from 100-300 dollars per month ranging from full email access to 1 on 1 taking via phone or instant messaging.

    If i were you i would put lets say 1000 dollars to the side for Im spend it on Coaching and then what ever you coach says you should buy spend you money on if you like the results you are seeing continue.

    If i could start from the begging this is the road i would take!

    Eric
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    I am looking for ad swaps pm me if you are too!

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  • Profile picture of the author ahuddy
    I started working online about the same time that I began my last office job. I quit the office job after 1yr 3 months. Now I am getting bored of sitting at home all day. Most people can't wait to quit their job, I'll admit I was like that too. Then you realize how much you miss socializing with everyone face to face, plus at least where I was working we always made the work day fun. Time to find another job I guess...
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  • Profile picture of the author forous
    Find a mentor and just concentrate on working him and him alone.
    Make sure he knows what is doing and has prove to show that he is making money and learn form him.
    Just keep your focus.
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    For All Your Website Traffic Needs visit Easy Website Traffic Coaching!

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  • Profile picture of the author Ngmedia805
    Banned
    [DELETED]
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    • Profile picture of the author Sonni
      I too quit my job and may have to get another one before it's all said and done. I keep working at this, but I'm nowhere near where I need to be as far as making money goes. The best to all of us who are doing the best we can.
      Sonni
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      • Profile picture of the author imoutthere
        Originally Posted by Sonni View Post

        I too quit my job and may have to get another one before it's all said and done. I keep working at this, but I'm nowhere near where I need to be as far as making money goes. The best to all of us who are doing the best we can.
        Sonni
        How long did you research b4 you went fulltime?

        I just cant quit, i need to make sure passive income meets and passes my monthly expenses. Plus i might also wait until i amass a 12 month buffer.
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        • Profile picture of the author Sonni
          I didn't research anything I just quit my job and began pursuing this full time. Don't do what I did it's a risky move. I hated my job and dreaded going to it every day, I love writing and learning so I figured I would get another job later on if need be but for now do what I love to do even if it's for a short time. Sometimes you have to do what you want to do not what you're supposed to do. Of course, I've always been one to do the opposite of what most think I will. Whatever happens is Ok by me.
          Sonni
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  • Profile picture of the author Christie Love
    It took me 7 months. I thought it would have taken much longer, but unfortunate circumstances caused me to quite, while at the same time, my internet business started to generate the same income as my full-time job. Now, each month my income grows higher and higher.
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  • Profile picture of the author Liz Sullivan
    It took me about a year and a half to finally get the hang of the IM game. It would have been quicker if I had gotten round to "specializing" sooner. Once I found the sweet spot, it was smooth sailing from there.

    If you're serious about making a full time living online, I would suggest you quickly narrow down and focus on just 1 thing: be it copywriting, creating ebooks, article marketing, list marketing etc. The sooner you specialize, the faster you'll begin to make real money, rather than just pocket change. Good Luck!

    Liz
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    • Profile picture of the author Frank Murphy
      I am still supposed to be in college, but focussing my efforts fully on my online biz, so that i can fire my boss..before i even start work..
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  • Profile picture of the author OmarNegron
    Nice!!! I can't agree with you more.
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  • Profile picture of the author JECKELLL
    My advice to anyone starting out it research keywords.
    Get on the google adwords tool and find keywords with a decent search traffic and low competition.
    It might take a while but it is well worth it.
    That will cut you 'fire the boss' time down drastically
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  • Profile picture of the author SusanJuricek
    Still a work in progress for me after about a year...darn good thing hubby is an engineer with 32 years experience. We would not eat well if we had to live off my online income. But, I have learned a tremendous amount and just know that genuine success is lurking. I have several streams of income building gradually, and one new program in pre-launch that I was lucky enough to get in on at conception time. I'll keep you posted on how things turn out. Maybe I can answer your question with 'about a year' in another month!
    Susan
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  • Profile picture of the author Chris_Willow
    1 year for messing around
    1 year for learning stuff
    And then a matter of weeks when the stuff I learned was actually applied into a real business.
    Since I' m 18, I had no job to quit, but if I had one, I' d almost be able to quit. And of course, progressing fast...
    But if you cut out the screwing around part and apply what you know right after you' ve learned it, a year I believe is enough.

    Chris
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  • Profile picture of the author Mangozoom
    Not quite there yet but thats because I am replacing a really good fulltime income.

    Not going to compromise my goal to equal or beat it before I tell my boss ... Song Long ... Farewell ... see what I have got planned here
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  • Profile picture of the author lazarus4444
    I'm still in progress of replacing my job income but i expect it to be maybe a year.
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  • Profile picture of the author IMChick
    • Have it all set up before you tell your boss to take a hike.
    • It's very lonely to be by yourself, and you loose the good and bad feedback from having other people around.
    • Make sure you have enough money for 1 year of current living expenses,
    • Clear it all up and make sure that you have no debt (this includes the current month's credit card debt) before you take the plunge.
    • Pay down as much as you can in advance on those student loans
    • make sure that that emergency cushion also includes benefits. Some of the things that you are taking for granted cost your current employer a lot of money, and they will cost you even more when you try to replace them
    • get a good look at the big picture for the next two years before you jump off into the unknown. Plan on how you're going to plan for it now. This includes paying for any tuition, new cars, mortgage balloons, kid's braces, promised vacation trips, weddings or christenings you're hosting.
    • Can you afford the proper daycare --don't expect to be productive if your 'office' is only open when you have free moments.
    • How far are you from retirement? Got a game plan?
    • Have a savings plan in place.
    Buy a pair of fuzzy slippers and go for it!
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  • Profile picture of the author briley knox
    Not there yet but still working on it full time now. When I get there will let you know.
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  • Profile picture of the author imoutthere
    I know the people who are quitting college must be pissed that this wasnt part of the curriculum.

    Congrats on taking the leap forward. If i were you id also read "the guide to investing" by robert kiyosaki.

    when i fire my boss i plan on reinvesting whatever i earn into real estate and possibly B&M's. I personally dont think you can go at this fulltime unless you reinvest what you have already earned. Im not an expert but sooner or later this platform will get flooded and the affiliate game will be congested. Unless your creating killer products or your on the Guru speaking circut.

    Thanks for all the replies. I get inspired by other peoples success. The younger guys really inspire me for taking those leaps forward.

    Much success to everyone.
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