I’ve been thinking about this a good bit lately. I’m sure I could make a full-time income totally online, but there is still a little bit of fear. I do okay online, but I do not have the time to really spend doing everything I need to do to replace my Day Job salary( its not that small). I just think more and more of how I hate coming to work. Its not that I don’t like what I do, the technical part of my job is something I dearly love. I love fixing computers and solving the problem at hand when no one else can. I even like the interaction with a lot of the people I work with. So why would I think of leaving to sit at home in the dark alone to write content and promote websites all day?
There are really two reasons, the first is because I don’t feel free. I’m tied to a position where someone else controls my destiny. As I get older the less I like someone else determining the value of my work. Steve Pavlina has a great post on this very topic and he may be the reason I now feel this way. Not really if I think I always felt that you need to control your own destiny. The second reason is because of all the politics that go on around here. They drive me crazy. A person’s worth to an organization should be what value they can value they can create, not whose buddy they happen to be at the moment.
For this reason I’ve decided to quit. I’m going to do it right and not jump the gun, but I will also post on this site as to my progress, this will help me to stay focused on my goals. So what do I need, I need 5K in monthly income after taxes to make this work out and not back up on my finances. Could really use more but $5K will get me by until I can do better.
First thing is I need to not be passive in this endeavor, I need to take a proactive approach. Adsense and Affiliate programs are passive forms of income and while they can produce a decent amount of income they are still passive as you are waiting on someone else to do something before you get paid. I’m not knocking these programs as they can earn a lot of money and will be part of my plan, but not the driving force. To earn money with Adsense or Affiliate programs you need two things, traffic and content. I need a lot more content before these will pay off, so creating content should be my part of focus. I will write articles everyday and then when the moment is right sell them as PLR packs. If properly done I should be able to pull in $2K per month in this endeavor and that is a conservative estimate. I will also take the articles that I write and use them on my own sites with proper changes to the articles so that they are unique.
I also have some killer ideas for a couple of pieces of software, one built with Asp.Net and one built for WordPress. I can sell one I know and it should net me a lot of money. This is the one for Asp.Net and it will fill a need that a lot of people want. I could probably sell this for $79 per copy and sell a bunch of copies. I should be able to create the module in 50 hours of programming time if I can get my head right. The WordPress will not take as long to actually program, but since I will need to actually learn how to create a WordPress plugin it may take a little time. After that I’m lost as to what to do. These task should carry me for a while until I can build up enough traffic and content to make the passive programs to start paying off.
Then of course I always have my vacation time and some savings to help me through the rough months while I’m getting my feet off the ground. I’ll keep everyone posted as to my progress. I think I need quite a few articles built up as well as some of the programming if not all of it done before I quite my job. I’ve been running the numbers and this will actually work, I’ve just got to stay focused on my goal.
Technorati Tags: adsense,WordPress,Internet Marketing
