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17 October 2009, 17:16
How To Quit Your Day Job by Fabian Tan
How To Quit Your Day Job And Be A Successful Online Entrepreneur Within 6 Months!
When is the right time to give your day job the boot? That’s a question that many entrepreneurs have asked at some point in time.
While it is possible to build an Internet business while you are still at your day job, many have also quit their day jobs as they were determined that they were going to succeed and simply found their time spent at their day job a waste of time. If you do quit your job and work hard at your business, you will have plenty of ti
me and you will have a greater chance to succeed in your Internet business.
To help you out, I have created a simple quiz (this should be used only as a guideline):
1. Do you have enough cash to survive for at least 6 months?
You should have enough money in your bank account to sustain your current lifestyle for at least 6 months if you want to quit your day job. You want to start your Internet business, but you also do not want to be starving or struggling to make ends meet!
2. Does your current online income match or surpass your job income?
This is an important question. The decision to quit your job based on this question depends on your risk profile. If you are more of a risk taker, have less financial obligations and you are confident in your online ventures, you can quit your job now even if you are not making a great income. The time you spend at your job can now be focused on your business. On the other hand, if you have more financial obligations, quitting your job now may not be a good idea at this moment. As you can see, it depends. Before you quit your job, make sure you also have health/medical insurance and life insurance.
3. Do you know how to setup a website?
This is one of the basics. You absolutely need to know how to setup a website to do business on the Internet! Spend time in the beginning learning how to set up a website, it is a skill you will be able to use for years to come.
4. Do you know how to build a subscriber list?
Most successful Internet businesses have huge subscriber lists that allow them to keep in contact with their customers. Having a subscriber list almost always increases profits if you do it the right way. You must know how to setup an autoresponder, drive traffic to your page to build your list, and market properly to your prospects.
Want to learn more about building a subscriber email list? Go to
http://www.ListProfitBlueprints.com
5. Do you have the determination to do what it takes?
Ultimately, your own success depends a lot on what actions you take towards your goals. Are you serious in starting an online business or are you just ‘playing’? Create GOALS and WORK towards them!
I’d like to know if you have any questions, comments or feedback. What actions have you taken towards your online business success? I look forward to hearing from you!
- Fabian
Enjoy!
Margarita Nomeikiene
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