Moving from 8-5 to Working at Home

[adamcm]

Hi all,

I currently work full time at a decent job, but i've began looking into my options. I do affiliate marketing on the side and have had a bit of success but nothing to consider sufficient for a living. I would really like to move onto working at home as I think i'd enjoy life in general much more than I currently do.

I have been thinking of perhaps taking the affiliate marketing concept further, but its hard when you are not an expert to take such a risk. I have also thought of running my own online retail store using the SEO techniques learned from affiliate marketing. Is this the approach that many take when moving into a work at home? I wouldn't mind hearing stories of how others have made out when moving from full time 8-5 to home work.

Thanks!

[laurencewins]

I would suggest that you spend time reading other threads within this forum, especially the newbies section. This forum is the best one for help because you'll find people are genuinely happy to help you, even if there is no financial benefit for them.

What you're asking is a loaded question and you re ally need to read and learn more before making any rash decisions about changing jobs.
You can certainly build a business from home without giving up your current job and I would recommend doing that and IF you become successful, maybe you can replace the current job, as many others have done.

This way you don't put yourself under too much pressure.

I wish you well.

[wahgo]

... I wouldn't mind hearing stories of how others have made out when moving from full time 8-5 to home work.

Thanks!

Laid off from my job in 2008, I had life decisions to make. Do I go find a new job or is it finally time to set up a business that I can work at from home?

My background gave me a lot of experience running small companies so I already had knowledge about websites, design, marketing, sales, operations, computer solutions, etc. I had been setting up and running other people's companies for years, and always as if it were my own. It was time for a change.

I found affiliate marketing and I love it. It has been a lot of work learning about what strategies will lead to $$ in the bank versus the busy work that just takes time but is not profitable. The learning curve is what you make of it for affiliate marketing. Those that think it's an overnight success type of endeavor will be sadly mistaken. Those that embrace affiliate marketing for what it is can grab on tight and enjoy a VERY profitable ride.

One of the biggest pieces of advice I can give you if you do go into affiliate marketing is that you start with a plan and target focus your efforts.

Good Luck to you in whatever you decide to do. It's a big decision! No one but yourself knows where you've been and what your goals are.

[A.Z]

If you can make money online consistently every month and that income is 2 times larger than your current *salary* OR you have enough saving to survive for at least 12 months, then you can resign from your job.

Else, I strongly suggest you should strengthen your online income before taking any risks.

[viewmax]

Having been essentially self-employed since 1975, and having worked from home for many of those years, my advice would be not to give up your job until it is absolutely clear that your online business can fully and consistently support your current lifestyle, and stands a good chance of making it better in the future.

One of the things it's hard to appreciate until you start working from home is that, unless you are in a business in which you may be technically 'working from home' but in practice you spend 80-90% of your time with other people in their workplaces (e.g. consultancy or sales), working from home can be pretty lonely. (OK, you may have your family at home, but much of the day you need to be working just like any other job, and your family can actually be a distraction.)

Part of the loneliness stems from not having people around you that you can consult or bounce ideas off, part from the fact that all the motivation and discipline has to come from you, and part from the reality that there is no-one and nothing else to blame when things go wrong!

This kind of loneliness can be hard to get used to even when things are going OK, but it's an unnecessary and potentially debilitating extra factor to have to deal with if the viability of your business is still uncertain.

The other thing worth remembering is that once you have tasted self-employment and got used to it, it's pretty much a one-way street, and you will have become unemployable!
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[adamcm]

Thanks for the replies everyone. Kudos to you guys who have stuck with things and made them work from home. It's merely a thought for me right now because as mentioned I need to determine if I can make a living this way.

I began affiliate marketing last November as a complete newbie. 8 months later and I feel I know quite a bit more, but am still far from being an expert. Some days I don't make any sales, some days i'll make $10, and others i'll have large days. If I were to make it I would think I would need $100/day from internet businesses to make things work from home.

I do affiliate marketing for a bunch of sports related items like t-shirts and apparel. I've had a decent amount of success ranking some of the less competitive phrases so i've always wondered why not start a business on eBay or create my own online store. But i've always been confused about how to create sufficient inventroy, how much you'd need to invest, how to find wholesalers, etc.

Thanks again!

[nickspencer]

Affiliate marketing is a great way to earn money - but it always helps to keep atleast 2 business rolling so that you always have plan B at place.

I am at CJ, AA, and clickbank but its been great doing the same for myself and getting the full amount as well. so i opened up nicksmoneysystem

it always helps to expand and get some subsidiary business and income rolling - so that you always have confidence even if rainy times tries hard to break you down - I suffered immense low period at times and after this i got this idea - the whole process in this system really rocks and its alumni have been praising me since then, while my wallet keeps on getting fatter.

[lexxmarzain]

Well in my two or so years of 'testing the water' I've dabbled in a lot of the major systems for making money online. All while working a full time job and to be honest I really got no where on a substantial level.

80% of my problem was the dabbling, bouncing from one idea to the next never brings anyone much success. I so far have made just under $10,000 but spent near on $7000 in all getting there.

Recently I quit my "day-job" and have been devoted 100% to my current project. Which thinking about it now was one of the first things I tried but "didn't have the time for/got distracted".

You personally have to weigh up the pro's and cons of no longer having a given monthly income, over the chances of not making anything for a while.
I personally don't believe in the idea that you can't make money online unless you give 100% of your time to it as long as what time you do give has 100% of your effort.

Knowledge will earn you more money that persistence, online marketing in any form is a numbers game, you just got to make sure you have a few more than the next best guy.

[nickspencer]

rightly said mate - never thought though - on second thoughts, it is a number game .. cool

[webdesk]

Working 8-5 from home would be a dream job, but I would advise anyone NOT to quit their J.O.B. until you're making double what you are now. Here in the states, expect taxes to take 1/3 of your income, and with the costs associated with generating any true income, subtract about 5k/year as a starting basis for business expenses & setup. And if you have a 2-year reserve to fall back on, all the better.

Things go wrong, count on it. My case was "almost" textbook - 3 months after starting, the income began with the $100 weeks, followed by the $100 days...

Then nothing. For 5 months...!

Still haven't really found out why other than I must have been doing things wrong.

With some regrouping, some tiny sales have trickled in recently, but for the effort, it has not been worth it. I had only 1 year's reserve and that will run out in a couple of months. Success has eluded me, but many others experience it quickly, so I have gotten some last minute help in the way of CBA. I'm all ears... and action.

8 to 5...? Not hardly.

...way past "full time" for 10 months...

[Avery]

Good to hear other peoples stories.

I had a great job in the UK with a global instrument brand and looked after the guitar/drums/pa division for the South of the UK inc. London. But my girlfriend of many years is Swedish and we decided it was time to give Sweden a go. So I left a great job, and moved to a country with a language I don't speak, and a lack of skills that they need in their industries. So having been interested in internet marketing for some time, but never really been able to dedicate the necessary time to it, I saw it as an opportunity. I teach guitar privately which is great fun, trade markets which I also blog about, and developed a website, ebook and marketing plan, which is an ongoing development and after a few months starting to really work, and become great fun.

In direct response to leaving a good job to do this, I'd suggest that you need to ensure your are financially covered for several months, as making money online, despite what some ridiculous websites suggest, take time, you need to learn a host of new skills and take time to find your market, and offer people something worthwhile.

I hope this is of some help.

[johnnya]

I recommend that you keep your 8-5 job until you start making a considerable amount of income online.

That way you'll be safe, and you'll always have money supply.

[MiamiRon]

Greetings Adam,

Until you have an income the web that equals 1.5 times of your current income ... you should stay on your job, to cover all your bills.

Remember your expenses will go up, after you leave your job, because you have to supply all of your benefits including insurance and extra taxes.
Find a good accountant that can give you the rules for deductions of a home office.

Put at least two hours or more a day into your Internet marketing business and you will succeed, it may be a slower process, but it is very safe.

Another way of attacking it, is to use outsourcing to increase the time that's spent on your project.

If you can afford a few hundred dollars a month ... finding a VA might be the best avenue to increase your income in a very rapid manner.

All the best ... Ron

[Miss_TK]

After I was laid off from job, I had no choice but to
dig in my heels and figure out how to make money
online.

I read a post from Steve Pavlina's Blog titled
"10 Reasons You Should Never Get A Job" and
I decided I would do whatever I had to do to
make it.

I learned to stay away from negative posts
about what "can't" be done and focused on
patterning myself after those who were really
making money.

[maria2]

I recommend that you keep your 8-5 job until you start making a considerable amount of income online.Internet marketing is best for making money online.

[dennis1960]

Man! whew I was going to say a few things and suggest you wait until you at least make as much or more online on a steady basis, before you quit your steady job.
But after reading all the posts, I think that's been made very clear.
probably the most important thing is that you learn to create traffic on a regular basis and be building a list to make your transition easier.
spend your spare time wisely, ask yourself, is this the best, most productive thing to do right now.make your priority's, and stay with each one until completed.

[TheBigDog]

It really a matter of life and death decision to make when you get used to be doing full time work and suddenly dropping it off to be full time home based workers..

One of the helpful mindset I use to put in myself about businesses is that..

I am employed in a certain business run by a businessman.. They pay me to earn them more riches.. why can't i do it the other way around, me being a businessman and run my own business and hire people to earn me riches ;)

[willsfav]

It is a matter of choice in life, if you intend to make changes desperately, you are unstoppable. To get more money is important, and the process of fighting and work hard before the success is more valuable. Just do it.

[manie amari]

Hi although I'm new to this forum I am a member of other forums and I have experience in choosing the right approach towards making an income online.

Have I got your attention!

If you don't know already I'm going to tell you something that will change the way you think forever!!!!!

Ready?

Answer: Build a list!

When you see these screen shots of sales made in Clickbank account or sales coming in from Paypal screen shots how do you think they make these sales?

These guru's won't tell you that this is the best way to make residual income online. But it is.

Do you think in this day an age that they make these sales driving traffic to a sales page?

Wrong!

They build a list; nuture a relationship with that list; then offer related products to them.


Kindest


Manie

[mnonline]

Hi all,

I currently work full time at a decent job, but i've began looking into my options. I do affiliate marketing on the side and have had a bit of success but nothing to consider sufficient for a living. I would really like to move onto working at home as I think i'd enjoy life in general much more than I currently do.

I have been thinking of perhaps taking the affiliate marketing concept further, but its hard when you are not an expert to take such a risk. I have also thought of running my own online retail store using the SEO techniques learned from affiliate marketing. Is this the approach that many take when moving into a work at home? I wouldn't mind hearing stories of how others have made out when moving from full time 8-5 to home work.

Thanks!

I know that internet marketing is not easy. If you consider doing SEO, i suggest you to write something and make money while doing it. It will create income in the long-term, residual income is what i mean. You can turn your writing into money. Open a retail online might take a lot of work. If you consider doing it. I suggest you to work with ebay or amazon. You can open retail store on ebay. It will be easier to get customers than open your own website since your new website may be less popular and will not rank well. I have tried ebay and had great success with it but i later found out that it was not for me. Maybe it might work for you. I don't know. You will never know until you try it. I know i did. It is up to you.

For me, i consider write. It will be less time consume and work to keep up with. All you need to do is write something worthwhile and write as much as you can at the beginning. You can write about anything you like. The more you write, the more money you will make in the long term. I have a free method if you like to consider. I'm actually have success with it.