How To Quit Your Day Job And Be A Successful Online Entrepreneur Within 6 Months!
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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 time 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
12 Comments on this post
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ariston|massive free traffic said:
Great info, especially for a newb like me… thanks!
October 17th, 2009 at 8:03 pm -
Susan Sheehan said:
Hi Fabian
I am committed, determined and will do what it takes to build a SUCCESSFUL online business. I love your ‘stuff’ … Thank you
SueOctober 17th, 2009 at 9:57 pm -
Riaan said:
Hi Fabian.
Just want to say I really love your advise, its plain english and straight to the point. Thanx buddy.October 18th, 2009 at 2:32 pm -
Jinger Jarrett/Make Money Without a Website or a List said:
Fabian,
As a long time reader and customer, I have to tell you that I love reading your stuff. Even though I have had a successful business for years, I find your stuff to be very helpful.
I will definitely share this post with my readers as I have many who want to know what they need to do to get started.
Currently I’m taking Day Job Annihilation as a refresher course. Excellent stuff, and I am enjoying the material.
My best to you, Jinger Jarrett
October 19th, 2009 at 1:15 pm -
neelmoneydotcom said:
Nice things included here. It is reality to make your dream comes true,you need to alive. Blogging is not the real carrier option, so it is difficult to explain and answer to questions when people ask me ” what are you doing?” . I am also blogging and Planning to start my other online services . But during this it is difficult to handle the answers for Question’s like ” what are you doing”, “what is your income” and ” Is it your online part-time job”. They don’t getting famous in 3 or 4 month is how much difficult.
So having enough capital to handle such situation for at least for six month is essential.November 10th, 2009 at 12:30 pm -
Fat Burning Furnace said:
your blogs are very informative and helpful. i am new to it. i want to try a internet based business but how?
November 25th, 2009 at 1:23 am -
Angelina said:
Interesting and very helpful info. Though I think some of that only applies IF one quit their job voluntarily and not out of other circumstances(being fired, medical complications and so on). Plus, I think there are many who can’t even afford much or any insurance… lol.
November 30th, 2009 at 9:27 pm -
Get Ex Back said:
Hey Fabian,
I saw a name of Fabian Tan as Unstoppable Sales Machine on JV contest “Ready Niche Profits”. Is it you?congratulation buddy. Can you please share your experience to win the contest.
December 1st, 2009 at 11:12 am -
Judith Parker Harris said:
Hi Fabian — Fabulous information. May I suggest adding a step to your Entrepreneur Quiz? Make sure they bust the emotional and thought blocks that stand in their way to clear the path for success.
Perhaps you’d like to share a few block busters on my site and introduce my villains to your site. Love to share.January 19th, 2010 at 12:50 pm -
bart | recession-proof job tips said:
Hi Fabian, great pointers!
I’m new in blogging and I’d found your site very informative. Thanks! =)bart
February 4th, 2010 at 8:05 pm -
jane said:
hello fabian!your information is so much helpful for me,as iam a new web developer or you say a new blogger ,so thanks for your advise and guidance.
February 12th, 2010 at 8:18 am
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