Quitting Your Job To Do Internet Marketing
“Should you quit your full-time job to do Internet marketing? I answer that question on this episode of Driving with John Chow”
Via: Jon Chow
Thousands of beginners come online hoping to make a monthly income from the internet dream of quitting their day job.
Maybe they hate their bosses or the commute or the low salary. The reasons for wanting to leave are many and different individuals have different reasons.
That makes answering the question in the headline very difficult. However, there are a few points to note if you decide to quit you day job. Far too many people make errors in judgment here and end up broke and struggling.
Let’s look at some of the key points.
* Why do you wish to quit your day job?
It doesn’t matter what the reason is but you need to have one. If you goal is to make quick riches online so that you don’t have to slog it out at a job anymore, you probably have the wrong mindset.
Making money online involves a lot of consistent work and if you’re not willing to put in the hours and the effort in the initial stages to grow your business, you’ll probably not succeed online and you’ll be better off at your day job.
* Does your current online income cover your financial needs?
If you quit your day job too soon and your online business is floundering, you are going to face financial stress. Your mind will constantly be on paying the bills and making ends meet.
This is counterproductive and not a good position to be in. Making money online is relatively inexpensive but there are costs that will be incurred. Hosting fees, autoresponder charges, domain costs, etc. will require money… and you must have enough to cover these costs.
* Do you have a wealth mindset?
There is just no denying that going into business for yourself comes with a lot of financial insecurity. Are you willing to take the chance? There is determination, patience, persistence and perseverance required to succeed and create wealth.
Do you have what it takes? You must be absolutely honest with yourself. There is nothing wrong in being an employee and most people prefer to be employees. They may claim to want to be entrepreneurs… but when the going gets tough, they often throw in the towel and quit.
You must have the grit to keep going. This mindset is crucial to succeeding as an entrepreneur and building wealth. It is true that profits are better than wages and that while wages will make you a living, profits will make you a fortune. However, there is a price to pay to reach a level where you’re making good profits.
* Take your time
Do not be too hasty to quit your day job. Quietly work on your business on the side. Work on your fortune while working at your day job. Once your online income is able to sustain you, then you can decide if it would be a good idea to quit your day job.
Many people find that their day job becomes a lot more bearable when they have extra income coming in online. So, it wasn’t really a matter of the job being unbearable but more about their lack of earnings.
Whatever the case may be, ultimately you must do what is best for you. Proceed with caution and only quit your job if you can do so without causing yourself financial distress. That’s the best way to go about it.
Until next time,