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At which point do you quit your day job?

Discussion in 'BlackHat Lounge' started by angelas111, Apr 16, 2009.

  1. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    I'm about 1/2 way to making the same money as my day job and would like to quit in the next few months. i'm thinking when my earnings are twice the day job that's when i'll quit. with working i only have like an hour a day that i can spend on any im work. with all that free time on my hands i could do a whole lot more....

    have any of you guy's gone full time with your bh ventures? do you feel secure doing that?
     
  2. tymillz

    tymillz Super Moderator Staff Member Jr. VIP Premium Member

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    i would say after at least 3 consecutive months of earning more than you do at your day job. i am counting my days til i quit also.
    Posted via Mobile Device
     
  3. SleepieGirl

    SleepieGirl Regular Member

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    why quit your day job? do you hate it? if you make double with IM and keep your day job thats even more money
     
  4. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    i am just sick of the industry i'm in. its lucrative but just too much stress. been doing it for almost 7 years. harsh winters working outside and hot as hell in the summer time. plus dealing with customers and repo's and stuff. even the owner is looking for an exit strategy.......

    you can probably figure out what i do........
     
  5. SleepieGirl

    SleepieGirl Regular Member

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    well if u hate it then i guess u should quit. i would prefer to keep an offline money stream just in case my online money slows down or dies completely.
     
  6. cuppatea78

    cuppatea78 Regular Member

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    I'd say unless you consistently make a lot more than your day job then you would be mad to quit, especially with the world financial situation. Keep your day job and you get even more money!
     
  7. BlackBat

    BlackBat Newbie

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    That's hard to answer since I never went to the day job :D

    If I had the day job, I would accumulate at least 1,5 year worth of savings to cover living expenses before quiting.

    When AdSense banned me, I spent about 1,5 year testing new things until I found something as profitable as AdSense was.

    I was able to survive since I had accumulated savings for ~2 years of living expenses.
     
  8. secretboy08

    secretboy08 Jr. VIP Jr. VIP

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    dont quit unless you make enough money whitehat.
    theres no way you can trust and rely on blackhat income.
    as for the money,twice the day job.
     
  9. squelsh

    squelsh Regular Member

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    It's a depends question really.

    If all of your (online) income is coming from one or two sources then I would be more hesitant to.. i.e. all your eggs in one basket.

    Most people here seem to suggest anywhere from 3-18 months and that's after you're equaling your day job earnings.

    It sounds like you have a while to go before quitting that job but dont worry it will give you the motivation to carry on, work harder and get your earnings up.

    Better to play it safe, you've stuck at it for this long, I'm sure you can keep at it another while.
     
  10. andre09

    andre09 Junior Member

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    Yes, reiterating what has already been said, consistency is of upmost importance. I'm sure you know as a black hatter that something that rakes in money today has a high chance of being obsolete tomorrow. Do something consistent and white hat like adsense networks or what not, but until then don't quit.
     
  11. angelas111

    angelas111 Jr. VIP Jr. VIP Premium Member

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    i see what your saying. i consider myself a gray-hatter. i provide only legitimate leads but boost my website traffic with blackhat methods.
     
  12. sampo1time

    sampo1time Regular Member

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    I'm at the point I'm doubling my job pay. I don't like my job but I'm not considering quiting. Most of my income is BH and I have gotten banned from many programs already. I am saving my excess earnings to invest in a solid WH network/business. I believe the key is consistency and WH methods. Also before you quit take into consideration your companies medical and health benefits. My girlfriend gave birth last year and the bill was $17000 and I payed zero thanks to my medical.
     
  13. Lurking

    Lurking Junior Member

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    Once you get to a point where you're making the same money for 3 straight months...quit. Then you'll triple your earnings because you have more hours to devote.

    Thing is...health insurance. If you have that covered through a spouse, etc, you're good to go.
     
  14. Pofecker

    Pofecker Senior Member Premium Member

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    I work at home (9-5) doing software support. I've been doing this for close to six years now. I make enough money with IM to quick my job, but why? I like the comfort of knowing I got a steady check coming in too.
     
  15. farfetchedmoney

    farfetchedmoney Regular Member

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    Quitting your job or keeping it is all relative......I dont know your lifestyle nor what your willing to live with or without...one option is to start an offline solid business.....for instant kids parties if you like kids. Buy party supplies and make money every weekend. If you're like me and just hate work period then definetely look for something you can tolerate that will allow you freedom. Most things can be outsourced. Take for instance a fitness bootcamp. You only challenge really is customers.

    Oh did I answer the question? lol ......You should quit your job when you feel free enough to quit!!!!
     
  16. WickednDivine

    WickednDivine Executive VIP Premium Member

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    I also make enough to quite my job, but I love my job and have no plans to quit. It's guaranteed money (important when you have a mortgage), great benefits (health insurance, dental, vision, stock options, etc), and It has a great social aspect as well.
     
  17. jammy

    jammy Junior Member

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    you gotta take chances in life .

    And when its time to take a leap , then take it fearlessly ,

    anyways , with that much of experience , i am sure you can get yourself any other job

    at any other place , in case u fail in im . IF u still feel insecured , try taking up

    a part time day job and try out im at the same time .

    see if that works out for you .
     
  18. lurnme

    lurnme Regular Member

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    Make sure you have at least a few good long term revenue sources, not just a coupe BH methods.
     
  19. shapeshift3r

    shapeshift3r Junior Member

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    Let me give my perspective.

    I only work about 3 days a week part time and use the majority of the remaining time doing IM.

    I am new to the game so there is alot to learn and sometimes its slow going. I only show small profits.

    What I would like to say though is that too much time is too much time.

    I have so much time to dick around that I find im only productive in spurts. I can get on a roll and burn though 3hours of consistent work and when that happens its great. But generally I tend to use alot of my time sorting though things and reading shit and getting confused about what im doing.

    From my experience I would say that more time does not equal more productivity.

    Ideally you would want to keep your job / get a part time job until you can consistantly use your free time produtively enough to sustain your lifestyle.
     
  20. wowhaxor

    wowhaxor Executive VIP Premium Member

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    Wait until you're sure. I quit too soon. I did fine my first two months and then I hit some rough stuff and had a really hard couple of months before I got back on my feet. I would say get a solid 3-4 months earning enough AND have a 2-3 month cushion just in case. I'm doing fine now though and have no regrets, working 5 feet from my bed rocks.