At what point did you leave your Full-time job?

by Hankus
16 replies
Hello warriors,

I am just getting into the IM business. My plan is to work on an authority site, and hopefully have it become my full-time occupation at some point. My site is only a few days away from complete (been working on it in the evenings for several weeks), so the real work is about to begin.

Currently I work a typical morning til evening job to pay the bills, but have quickly come to the realization that this isn't for me. It's not the hours that annoy me. I am not scared of working hard, but I do not like the idea that my hard work is going into someone else's pocket. I want my work to be on something that I care about. Something that is within my own control.

There is nothing wrong with people who want to grind their way up the ladder. It is stable and an honest way to live. It just isn't for me.

That being said, for the warriors who started off working full-time jobs, at what point did you decide it was time to quit working on IM only in the evenings and go at it full-time? The very thought terrifies me because I need to pay rent, utilities, insurance, etc. etc.
#fulltime #job #leave #point
  • Profile picture of the author fcf360
    I worked for a while at a full-time job and was able to save up some money. Then I went to start my own business, and while marketing my own business, I stumbled onto internet marketing. This was about 3 years or so ago. Now, I finally make a living with my internet marketing efforts alone.

    It takes time, money and effort so my advice would be to do this part-time till you feel comfortable with your finances and only then should you venture into it full-time.
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  • Profile picture of the author Coby
    For me, it took six months to quit my job...

    However, this was after I made commitment to work only ONE business model for at least 6 months...

    It worked - I started building a list and never looked back!

    Good luck.

    Cheers,
    Coby

    P.S. Obviously my best piece of advice is to concentrate on only ONE way of making money online and do that until you see success.
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    • Profile picture of the author itwillbefun
      Originally Posted by Coby View Post

      For me, it took six months to quit my job...

      However, this was after I made commitment to work only ONE business model for at least 6 months...

      It worked - I started building a list and never looked back!

      Good luck.

      Cheers,
      Coby

      P.S. Obviously my best piece of advice is to concentrate on only ONE way of making money online and do that until you see success.
      I think that's great advice considering how many options there are to make money online. I struggle with this the most, but I've been focusing for the last month or so on one are... so I guess we'll see how it's going in five more months.
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  • Profile picture of the author awesome786
    Hi Hankus, Don't leave your full time job until you get a stable income from online or if you don't like your present job then go for another job that suits you most and you are most passionate about.Thanks
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  • Profile picture of the author salegurus
    Originally Posted by Hankus View Post

    That being said, for the warriors who started off working full-time jobs, at what point did you decide it was time to quit working on IM only in the evenings and go at it full-time? The very thought terrifies me because I need to pay rent, utilities, insurance, etc. etc.
    Please don't leave your Job until you have at least matched your current salary online. Making money online is not at all easy or fast, most people struggle for years without making any real money. Yeah you hate your job the boss etc but if you want a roof over your head and food in your stomach, keep it for now...

    Also, take what people claim with a pinch of salt, there's a lot of fake it till you make it going around these forums...
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    • Profile picture of the author SoloSalinas
      Originally Posted by salegurus View Post

      Please don't leave your Job until you have at least matched your current salary online. Making money online is not at all easy or fast, most people struggle for years without making any real money. Yeah you hate your job the boss etc but if you want a roof over your head and food in your stomach, keep it for now...

      Also, take what people claim with a pinch of salt, there's a lot of fake it till you make it going around these forums...
      It's hard when you're listening to the wrong people, the hard truth.
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      • Profile picture of the author Hankus
        Thanks for the responses. All nice advice.

        I guess to clarify, I currently only have personal expenses to deal with. I know well enough not to quit without being able to support myself first. The question I suppose is, how do you determine if quitting and doing IM full-time will really be worth it?

        For example (and these numbers are made up, I don't make nearly this much. I literally JUST graduated college half a year ago), if my current job is paying 80k, and simply doing IM part-time is generating 50k (which is more than plenty to pay off my current personal expenses), at what point do you know if quitting and doing it full time will be worth giving up the 30k?

        How do you determine if putting more hours into it will actually generate more revenue than 50k? Why not just stick to the same schedule and make 130k?
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  • Profile picture of the author gregdavidson727
    Originally Posted by Hankus View Post

    Hello warriors,

    I am just getting into the IM business. My plan is to work on an authority site, and hopefully have it become my full-time occupation at some point. My site is only a few days away from complete (been working on it in the evenings for several weeks), so the real work is about to begin.

    Currently I work a typical morning til evening job to pay the bills, but have quickly come to the realization that this isn't for me. It's not the hours that annoy me. I am not scared of working hard, but I do not like the idea that my hard work is going into someone else's pocket. I want my work to be on something that I care about. Something that is within my own control.

    There is nothing wrong with people who want to grind their way up the ladder. It is stable and an honest way to live. It just isn't for me.

    That being said, for the warriors who started off working full-time jobs, at what point did you decide it was time to quit working on IM only in the evenings and go at it full-time? The very thought terrifies me because I need to pay rent, utilities, insurance, etc. etc.
    Never quit your job until you can consistently generate a full-time income (same as your job) for an entire year. If you have a huge gap in your employment history it will be harder to find another job.
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  • Profile picture of the author andybeveridge
    I spent a couple of years flitting from one idea to another before I got my act together. Then I went full time pretty quickly. The first thing I did then was to move from the cold damp UK to the south of France. Have laptop will travel.
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  • Profile picture of the author absolutelee
    Don't quit your job irrationally or based on emotions. Having said that, I did just that. I was a mathematics teacher. One summer a few years ago, I just couldn't deal with it any more. I called up my boss and quit. No business plan. Not much income. I had been an affiliate marketer selling Amazon products for a few years, and I did have somewhat of an income stream, but not nearly enough for a family of four to live on. Like Cortez, I burned the ships. It all worked out fine. I actually do live the internet lifestyle and make a nice multiple of my former income. I can't in good conscience, however, tell everyone to do this.
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  • Everyone has a different situation. One person may have a stable full time job which pays 50k / 80k or more, and also has a family with a partner and kids, and a mortgage, etc... , whereas another person may be single, renting a small room, working a crappy minimum wage job... with no other responsibilities.

    Many of these factors should help a person to decide at what stage to make the switch from being employed, to making a go at it full time being self employed. Most people start seriously considering quitting their full time job once their part time side venture takes off and it brings in as much income as their full time day job.

    I think you'll know when the right time comes.
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  • Profile picture of the author stodog77
    Just as someone mentioned previously, you want to have at least a year's worth of living expenses saved before you quit your job. I did it the opposite. I only had about 4 months plus business expenses, and start up cost. I was lucky to get out alive, but here we are 7 years later. I am the exception and definitely not the rule.
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  • Profile picture of the author Rob Aseto
    I saved up about $20,000, which was enough to live on for about a year, and I just quit.

    I did things backwards. I did not wait until I had my business up and running before leaving. Instead, I wanted to focus all my time on my business. The only way to do that was to eliminate the 9 to 5. Best decision I ever made!
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  • Profile picture of the author ChantalVanderlaan
    I'd love to be able to quit my job too but I know it's not the smart thing to do right now with 2 kids and all the regular expenses. I think it's important to stick to one business model only and just focus on that...otherwise, you'll just be running around in circles like I've been doing for the last 15 weeks. I try to limit my time on this forum because I'm the worst at reading other people's comments or WSO and trying something completely new without finishing whatever it is I was working on....totally not productive at all!!!
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  • Profile picture of the author alcymart
    In my case, I worked my full time job right until the end. I was working my day job and earning online at the same time for about 8 years.

    Everything worked quite well this way for me. No way was I going to take the risk of not having a day job and just work online even though I was earning as much online. Circumstances in my health made me quit my day job altogether, but even if I hadn't been sick, I would of kept my day job and worked online in the evenings like I had for the last 8 years. Thinking back, I loved my day job and was the reason I stuck to it for so long.
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  • Profile picture of the author PeckhamPirate
    I quit my job and moved to a cheaper, more liberal country, where I knew I could live good on less cash.
    When I got here I looked for stuff to do online. When you need it you'll find it.

    Stop pussying around with the should I, shouldn't I, quit work thing and just do it. If you're this far down the line you're already one of us.

    And there's nothing like hunger to give you that get-go IMer's attitude
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