Not long ago, I had a 9 to 5 job. Everything was good, but something was missing. Since November last year I am self-employed and I am loving it (even though there are many challenges). In this post I will give you some guidelines, that can help those of you who are interested in leaving their day job. Taking an entrepreneurship route is not for everyone. In fact, some will claim that only 1% of the population can succeed as self-employed. I think that it doesn’t matter if you think of leaving your day job or not- it’s always good to have a plan B ready to launch. Why should you read this post?
- I don’t think you should leave your day job, But you should definitely know that there are more ways to earn money. If you can earn some money part time, while you work full time at your day job, you can gradually build a small fortune.
- Confidence. I think it’s a key element in work and life. When you build more streams of income part time, you will be less worried from your financial state and you will generally feel more confident.
- If you will ever hate your day job, this post might come out handy .
The guidelines to leaving your day job:
- Build a steady stream of income, while you are working at your day job. How to do that? Well, there are many ways to earn money part time. If you have a certain talent or a unique skill, I would probably think at that direction. However, if you don’t, in today’s economy and the rapid pace that everything is moving- I would focus on the Internet. How can you earn money online? There are serval ways- joining affiliate programs (if you don’t know what it means, you can read in this Wikipedia), blogging and more. If you are a beginner, I would recommend blogging on a subject you are passionate about. By getting a loyal audience of readers, you can gradually increase your income (that will come from putting advertisements and banner ads in your blog). Bear in mind that if you wish to earn money online, you will need to learn a few subjects- seo, html, css, ppc and more as the time goes by.
- Think long term. Some of the projects I did part time are very small, yet today they run on auto pilot. Each one of them gives me a little stream of income, but that is a steady income, that is added to each month’s earnings. You should think of things that can produce you some amount of money on a steady basis, with not much effort from your side. From that reason, I think that a good internet site, that truly gives value to its visitors, is like a good real estate piece. They both produce money each month on a steady basis. A good website that you own is a property and that’s good to remember.
- Go to work on your part time fortune. If you have a day job from 9 to 5 pm, you still have a lot of time to invest in developing your part time streams of income. You will gradually become better and better at your part time work. “Success is doing ordinary things extraordinary well” Jim Rohn.
- Really think of giving more value to other people. Think of the people that will gain from your new part time activity and make the best you can do. Zig Ziglar said it so well (this quote is hanged on my office door): “If you help enough people get what they want, you can have everything you want”.
- Don’t think of quitting your day job, before you can double your salary part time. Yes, you need to double it. When you can make significantly more money at your part time work, you will have some money saved on the side and a reasonable amount of confidence that you can make it on your own. Only when I doubled my salary, I thought of quitting my day job and I think that’s the only way to go.