Tycoon Talk
Become a Big fish!
The number 1 forum for online business!
Post topics, ask questions, share your knowledge.
Tycoon Talk is part of Freelancer.com - find skilled workers online at a fraction of the cost.

New Member Introductions


You are currently viewing our New Member Introductions as a guest. Please register to participate.
Login



Reply
Old 11-13-2006, 06:01 PM I may be crazy...
Junior Talker

Posts: 5
Trades: 0
...but I recently quit my job making $72k USD a year w/ full benefits while working 5 minutes from home to attempt taking on the life of being a web entrepreneur.

About me:

I was performing various IT-related tasks for a smaller company near my residence for the last 7 years. On a daily basis my job consisted of developing new sites and improving existing ones working with ASP, .NET, SQL, some graphic design, and search engine optimization (among other basic web related items like javascript, xhtml, server setup, etc); somewhat of a jack of all web-related trades, enough to so run a 7-figure company as the lone IT worker. I got to see my employer go from barely being able to make payments on 1 Lexus to having 6 ultra-sharp vehicles (worth more than 3 years of my salary) in the driveway of a really nice house. So, I figured, if I can do it for someone else, why not for me? Plus I was getting tired of hearing my boss constantly BS people and hearing him give out silly guru-esque sounding disertations to anyone and everyone that gave him a listening ear for more than 30 seconds . I did have a few sites and projects of my own running before quitting a couple weeks ago; nothing major, but enough to make me ~$80 a day or so over the last month. My wife works, plus I have money in the bank from refinancing my home to help get us by for now (the area we live in is expensive as heck unfortunately), but in a nutshell I have 1 year to make magical things happen on the web if I'm going to be able to do this for a living rather than get a job working for someone else again. I don't like Eminem at all, but I really feel like I've "only got 1 shot to blow" and that I'll only have this chance once in a lifetime.

So... here I go!

For now my strategies consist of adsense websites, CPA offer affiliate programs, small piece of a partnership in a large forum network, and creating other projects that serve ads off of other people's content to make them money and me some in the process (don't want to say too much about what I do now).
Lunchtime is offline
Reply With Quote
View Public Profile
 
 
Register now for full access!
Old 11-13-2006, 06:27 PM
johniman7's Avatar
President, JLI Media

Posts: 965
Name: John Irving
Trades: 0
At first I thought maybe you were crazy but it seems you have the skills to take this on. Why make your boss rich when you can make yourself rich, right? Best of luck to you. Hopefully we can learn some stuff from you and maybe you will learn some too. See you around. ~John
__________________
Cheers, John Irving: My Blog
JLI Media:
Please login or register to view this content. Registration is FREE
| Website Development (Link Coming Soon!)
johniman7 is offline
Reply With Quote
View Public Profile Visit johniman7's homepage!
 
Old 11-13-2006, 09:37 PM
beachbumis's Avatar
$100 - $999 Monthly

Posts: 737
Trades: 0
Welcom to EF.

Good Luck! I hope to do the same some day.

Michael
__________________
~ . . . . . . . . . . . . . . . . . . . . . . . . ~
<>
Please login or register to view this content. Registration is FREE
<>
beachbumis is offline
Reply With Quote
View Public Profile Visit beachbumis's homepage!
 
Old 11-14-2006, 09:49 AM
Junior Talker

Posts: 252
Trades: 0
Hello there dude. Welcome aboard.
__________________

Please login or register to view this content. Registration is FREE


ICQ ME for **** GOOD HOSTING DEALS: 5380773 [/CENTER]
Sum-Up is offline
Reply With Quote
View Public Profile
 
Old 11-14-2006, 10:15 AM
xboxundone's Avatar
Junior Talker

Posts: 4
Name: david
Trades: 4
welcome to EF
xboxundone is offline
Reply With Quote
View Public Profile
 
Old 11-14-2006, 10:57 AM
Junior Talker

Posts: 144
Trades: 0
Hey, all the luck in the world to you. The worst that could happen is that in a years time you go and get a job. The potential rewards are definately worth the effort.
__________________

Please login or register to view this content. Registration is FREE
imported_Switch is offline
Reply With Quote
View Public Profile
 
Old 11-14-2006, 11:32 AM
$1,000 - $4,999 Monthly

Posts: 146
Trades: 0
Welcome to EF!
__________________
Always buying revenue .COM revenue typos! PM me!
For superior domain parking
Please login or register to view this content. Registration is FREE
imported_Ian is offline
Reply With Quote
View Public Profile
 
Old 11-14-2006, 11:43 AM
Junior Talker

Posts: 5
Trades: 0
Thanks for the kind words!
Lunchtime is offline
Reply With Quote
View Public Profile
 
Old 11-14-2006, 04:16 PM
Junior Talker

Posts: 15
Trades: 0
Not crazy at all you're currently on track to make $29,200 a year with your current $80 a day income. You only need to increase this by 250% to hit your old income. Not such a big target as you have a year to do this and you're now full time.

Good luck

Johnny
johnnyforms is offline
Reply With Quote
View Public Profile
 
Old 11-14-2006, 04:33 PM
MonkeyBiz's Avatar
Junior Talker

Posts: 0
Trades: 0
Quit your job to earn a smaller imcome with added uncertainty and risk. Doesn't seem smart.
MonkeyBiz is offline
Reply With Quote
View Public Profile
 
Old 11-14-2006, 04:49 PM
Junior Talker

Posts: 56
Trades: 0
why couldnt you do it on your spare time
__________________

Please login or register to view this content. Registration is FREE
An 18 year old, marketer's blog :D


Please login or register to view this content. Registration is FREE
Want to get paid to surf the web? Now you can!
jchen is offline
Reply With Quote
View Public Profile
 
Old 11-16-2006, 01:51 PM
LeeD's Avatar
Humble Overseer

Posts: 3,129
Name: Lee
Location: Texas
Trades: 6
Welcome to EarnersForum! :-D
LeeD is offline
Reply With Quote
View Public Profile Visit LeeD's homepage!
 
Old 11-17-2006, 12:01 AM
benoitb's Avatar
$50,000+ Monthly

Posts: 80
Trades: 0
Interesting story, Good Luck & Welcome to the Forum.
__________________

Please login or register to view this content. Registration is FREE
benoitb is offline
Reply With Quote
View Public Profile Visit benoitb's homepage!
 
Old 11-20-2006, 05:09 PM
Junior Talker

Posts: 5
Trades: 0
Quote:
Originally Posted by Worldwebuser View Post
Quit your job to earn a smaller imcome with added uncertainty and risk. Doesn't seem smart.
Yes, that's why I said "I may be crazy" Can't win the lotto if you don't buy a ticket though! I've seen quite a few people both in real life and on the web with a much smaller skillset (not saying I'm smarter than them at all, just saying I've practiced these things for 7 years straight now) blow my income out of the water with raw effort, perseverance, and time. I may be gambling, but I visualize the equation of my abilities plus 1-2 years of constant work plus continual effort will equal me finishing the last 61% of my goal and reaching $274 a day, the magical $100k income. After that, who knows? If you can figure out how to make $100k, then you can figure out how to make $200k.

Quote:
Originally Posted by jchen View Post
why couldnt you do it on your spare time
I did do it on my own time for a while, which is how I've made it up to $80 a day without having to really bust my hump just yet, but after spending a full 40+ hours a week at someone else's job it's not always easy to come home and continue to crank out the work for another 8 hours. I don't mind working long days, but I was just totally burnt out at my other job, which was making me depressed and causing me to lose desire to be a constantly producing machine. Between this and the time spent running a household, family, friends, etc, the amount of time I usually wound up working on my own things was too small. Being away from my former work environment and working on my own things has been quite invigorating so far I'd like to add.

I also started thinking in terms of how that in the long-run, time devoted to my own projects has a much greater potential return on investment. I probably could have cut down to part time at my other job, but that would have been taking away half of a workweek that could have been devoted to building something that will feed me much longer than a partime paycheck will. As far as I'm concerned it's only a matter of time and effort. Tony Robbins speaks of the magical formula and explains it in this way: If you're a parent, how long do you give your baby to learn walking before giving up? Of course, you'd make your baby keep trying until he/she walks. If you keep trying and applying what you learn as you progress, success is bound to ensue sooner or later
Lunchtime is offline
Reply With Quote
View Public Profile
 
Old 11-20-2006, 10:07 PM
MonkeyBiz's Avatar
Junior Talker

Posts: 0
Trades: 0
well best of luck
MonkeyBiz is offline
Reply With Quote
View Public Profile
 
Old 11-24-2006, 08:24 AM
$1,000 - $4,999 Monthly

Posts: 716
Trades: 0
Welcome to the forum hope you will enjoy your stay here
__________________

Please login or register to view this content. Registration is FREE
|

Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
imported_myhomehost is offline
Reply With Quote
View Public Profile
 
Old 11-24-2006, 10:35 AM
Dad?

Posts: 56
Trades: 0
Interesting story - I can relate as I have my own projects but I have a boss too. He yells ALL the time no matter what and always sounds like he's going insane.
__________________

Please login or register to view this content. Registration is FREE
- Great job!
CrossfitTN is offline
Reply With Quote
View Public Profile Visit CrossfitTN's homepage!
 
Reply     « Reply to I may be crazy...
 

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





   
RSS Feed  Feeds: RSS   JS   XML
RSS Feed  Feeds for this forum: RSS   JS   XML



Page generated in 0.91685 seconds with 12 queries