24 Jan
Posted by Aaron at FullTiltBlogging.com as Making Money Blogging
One of my favorite movies is “Goodfellas”. It’s a classic gangster movie.
In one scene the main character, played by Ray Liotta, is talking about his thoughts about the working stiffs—those who go to a “9 to 5” every day. He calls them suckers.
While I wouldn’t encourage you to ditch a job for a life of crime, I do want to picture for you what it is like to have an “internet lifestyle.”
There are three stages you will go through.
Stage One: Getting Started
In its early stage it can be rough. You will work at your regular job to keep the bills paid while you try to, part time, build an internet income. Your belief in yourself will likely be tested as others see this as a pipe dream. It’s not.
But when you hit a profit for a few months of enough to replace your job income something remarkable begins to happen: You start to feel free. The money from the now part-time internet work you are doing makes you begin to wonder why you keep your job.
Pretty soon you quit. That’s when the next stage begins.
Stage Two: Quitting Your Day Job
If you are like most people the next goal after quitting your day job is to take your online income from the $5,000.00 a month or so profit you are currently making to a $10,000.00 a month profit.
If you are ambitious you’ll probably work more than you have been—you don’t have a job take up your time any more—but you probably will come in around the 30 hour per week mark. (After all, once the kids get home from school you want to play with them, right?)
But the third stage is quickly upon you.
Stage Three: The Internet Lifestyle
In the third stage you decide how much money you want to make. For me I am happy making $120,000.00 to $150,000.00 a year, so once I got there I stopped trying to reach higher income levels.
You can go as high as you wish—you are only limited by your ambition.
But what does it look like to have this level of internet income?
First, you have time. A typical work week for me is 15 hours and I do that about 30 weeks a year. If you wanted to you could hire someone for a portion of your earnings and not work at all.
Second, you have money and the power to create more money almost at will.
Yeah, you heard that right—“create more money almost at will.”
Stage three is where you want to be—and with a little elbow grease you will be.
So are jobs for suckers?
If you have the ambition to do it and are willing to put in the effort, then you are only a sucker if you don’t create an internet lifestyle of your own.
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2 Responses
Gaje Master
July 21st, 2008 at 12:22 pm
1I know what you mean. There was this one guy over at a forum that I had visited that quit his job thinking that he would be able to blog for money and not have to work again. Needless to say, he ended up working at a fast food restaurant.
Aaron at FullTiltBlogging.com
July 21st, 2008 at 3:22 pm
2Unfortunately many people get the belief that the internet creates instant income from what sales pages tell them. I have known beginners to make thousands of dollars their first month, but that is pretty unusual.
The reality is this: Give yourself a year to make a solid, full-time (call it $5K/month) income from the internet. It can certainly be done more quickly, but very few people do it more quickly.
Once you get to that $5K level, most people can take it from there to almost any income level they choose.
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