I gave up my job end of February and haven't looked back. It's great working at your own pace and building something for yourself. I have doubled Adsense income since then - by adding new content.
The trouble is, I work longer hours now than I did in employment :-) but I love it!
thanks for all your "Good luck"
it is my second today @ home.
i spend the whole day beside the pc.
i did't know it was raining outside untill my girlfriend came back.
I will go out for some sports tomorrow.
good luck! you will probably work longer hours....your freedom IS your jail <bg>
enjoy the ride - its certainly a fun (and never dull) one.
I've been full time with online earnings for close to a year now and its one of the best things I've ever done.
Diversify your interests
What a great idea! I'd love to be in that position one day - quite the off-line job for the on-line earnings :)
Welcome to the home office life and good luck.
Will you miss the commuting and the meetings?
In my case my boss decided for me, haven't sent ou a resume in over a year.
it is about 15 days @ home.
everything goese well.
thanks for all.
my suggestion for this situation is that - just like when you went to office - you anyway go outside twice a day, pretending to be "commuting" from home to office.
This will help you setting your own routine of work-time vs. free-time.
Otherwise, you'll end up never standing up from that PCs. Unless, of course, that's exactly what you want..
|it is about 15 days @ home |
I am just starting to a 200 km distant target to write 2 articles for my sites.
I am traveling much for AdSense.
It's about 6 years at home for me - I work out of the pub now.
If I dont get my first drink early enough my liver swelling goes down and I can't keep my pants up.
Working at home has it's hazards.
Good luck, but I'm sure you don't need it.
I too have joined the ranks of the self employed(unemployed) and am enjoying it. You get a great feeling of satisfaction from working for yourselfand having control over what you do.
On the down side it is pretty lonely, no office banter except with the guinea pigs. But the forums make up for some of that.
Also you find yourself working a lot harder and longer.
Yey go home working.
One bit of advice is re-write your CV now and keep that and all associated documents such as education certificates etc. etc. in a safe place.
You never know when you may need them even when your are not applying for a job, and after a few years they can be a real pain to find.
Also try and employ staff as soon as possible.
Adsense is not a guaranteed income but i took the risk and quit my job last February. As of May, I finally matched the income i had from work, but i have to spend 14 hours a day updating 5 sites including weekends. I really have no life since i joined Adsense.
Now, i can slow down a little bit because most of my websites are done. I'm just sitting back, relaxing and watching my income rolling.
I can also start looking for another job that i really like besides adsense. I heard some people turned out anti-social because of adsense. They sleep, eat and breath with it.
So far, everything looks great.
|is there somekind of established form i need to sign to legally let the government know that i am now self employeed in this way? |
No, you should be fine. Some people worry about working from home in a residential area... but since you're just doing stuff on the computer it doesn't matter.
In the US it's called a business license. You have to file with the state and then either the city, county, or both. Then you have to deal with the federal government at least 4 times a year.
For example, in my city, if you make less than $1,000/year you don't need a city license, but if you start to or have been making more than $1000/year and they find out, through w9 forms or however, they will simply back-charge you with interest for the time you didn't have a license.
If you think your exempt because your running a home-based internet business your wrong. On the form I filled out they have a checkbox for home-based internet business :)
Congrats! SOHO is a good life.
One thing - Be prepared to be treated one small step above an unemployed person when it comes to getting a loan.
|Also, prepare yourself to be considered as lazy-sleeping-all-day guy and to receive friendly advices like get a real job ;-) |
Don't you hate that? People constantly misunderstand - "You're always home and have time," or, "you just work at home so you can take time off." I think their mindset is that, with no boss to fire you, you can do whatever you want. But the thing about working from home is that the work is always here; I know a lot of work-at-home-ers but none of them are lazy.
Im a newcomer to Google Ad Sense program and am envious at how many of you have quit your jobs because of the earnings you make from Ad Sense. Can you reply back with links of some of the websites you guys (and gals :-) run Ad Sense on.
I have been working this business full time since 1999. Before that, I worked it part-time. My part-time equals most people's full time. My full-time equals is most people's nightmare. Many 20 hour days, 7 days a week built this business. And when the engines go nuts, the sugar and caffiene keep me at the keyboard around the clock. Once you commit to it, you need to be prepared to do whatever you have to do, to make it work. You are the key.
It was a year ago last Christmas, I told my spouse to quit his job too. He was scared to death. But, I knew we could make it could make work, knew what it would take, and knew the path to achive it. I had brought the income level up to match two full-time incomes. He had faith in me, and told them to take that job and shove it. The business has taken good care of us every since.
You have made a good choice if you dedicate enough time to it, to keep it fresh, new, and keep expanding the business as a whole.
Good luck & congrats Kwongwo. Remember, diversification is the name of the game. Fortunately, there's a lot of things you can do on the web as a freelance basis - there's bound to be small businesses near you that need website work. IMHO, once you got these customer basis, they're the most loyal & stable source of income.
The future belongs to the brave.
Good times. I did that around 1999 with other advertisers. Just added Adsense about a year ago. It's a nice couple of bucks.
I left a career with a Fortune 100 company in early 1997 to pursue my growing "part-time" online business. Best decision I ever made, but man was it HARD to do! I vividly remember 2 sleepless nights and lots of trips to the bathroom before I finally took the plunge and gave my 2-weeks' notice. I was literally shaking when I told the boss. I have nothing but total respect for anyone with the moxy to quit a good job to become his/her own man/woman and quit the rat race.
My only advice is this: NEVER take it for granted, and diversify. Eggs in one basket all get crushed at the same time when you accidentally step on them. Know what I mean?
Good luck, and BRAVO! ^5
|One thing - Be prepared to be treated one small step above an unemployed person when it comes to getting a loan. |
You're kidding right? Perhaps if your credit is lousy you get such treatment. A schedule C is just as good as a paystub to any lender provided you have a 700+ beacon score. I just purchased a $47,000 vehicle, and was never asked once for any verification of income. Pay your bills, claim your income, and you'll never have a problem.
|You have to file with the state and then either the city, county, or both. |
Blanket statements like that don't wash. I've been self employed since August 1999, and my state/county DOES NOT require a business license as my business does not maintain a physical storefront in the state. Each and every state is different.
|Remember, diversification is the name of the game. |
I think that is what so many are missing the boat on. I mean, it's all well and good that you can take the step and quite your job thanks to your adsense earnings, but what would happen to you next week/month/year if, for whatever reason, you were kicked out of adsense? Entrusting your livelihood to an entitity over which you have ZERO control may indeed by brave, but it also puts too much at risk over which you have no control. Suppose your account is cancelled? Suppose google decides to cut your payout by a major percentage?
I applaud your leap of faith, but I would urge you to spend the next 12-18 months diversifying away from adsense into other income streams.
|Blanket statements like that don't wash. I've been self employed since August 1999, and my state/county DOES NOT require a business license as my business does not maintain a physical storefront in the state. Each and every state is different. |
What state do you live in? I am in Washington State.
I am also wondering where you keep your money. Your bank allows you to conduct business with a personal account?
"Your bank allows you to conduct business with a personal account?"
Bank: where did you get this money?
Bank: answer us now we have ways of making you talk!
Seriously though, I've deposited about 22 years worth of payroll checks into personal checking accounts, not once have I ever been asked if I was self employed.
kwongwo - congrads from the deep down in hart. Quitting your 9-5 is a big step, just remember - nothing is in constant.
AdSence - keep the right color hat on. And remember you knowledge is most important if don't look like shmo.
It’s very easy to be deceived by the $ sign. Work as hard as you wish, keep it true, with ethics, other wise you’ll loose it all. Remember whose turf you are on – always. Also consider that what you know about a real world now could be absolute in 6 month.
Best of Luck.
Wow. And I thought that the UK government were control freaks.
|In the US it's called a business license. You have to file with the state and then either the city, county, or both. Then you have to deal with the federal government at least 4 times a year. |
Funny how you run away from home to escape abuse, then find it all over again right where you are.
Phew! (wipes brow)
|I've been self employed since August 1999, and my state/county DOES NOT require a business license ... Each and every state is different. |
One of the clear advantages of the USA system of diversity, then.
Cudos. Good Luck. This is also golden advice:
|WebFusion: I applaud your leap of faith, but I would urge you to spend the next 12-18 months diversifying away from adsense into other income streams. |
Don't you believe good ol' comsci PhDs are still running the show in the 'plex. All AdSense's been doing all year is squeezing $ to make shareholders happy. And as saying goes "more bucks for them - less bucks for ya".
You’re frickin insane! Just kidding (kind of) and good luck.
Listen, learn, and diversify as much as possible. In my two+ years being a full time publisher/affiliate marketer my overall income has gone up significantly, however the value of each basket I hold changes. For example, in the past 1 ½ years my adsense income has gone up pretty close to the range of becoming one of those “UPS Club” members only to loose over 60% of that in two months.
OK, one of the main reasons it lost over 60% was because a significant portion was from a 4 year old and well ranked site that went PR0 (another story). But I also run several different sites with adsense and affiliate programs in different industries. Sometimes one is hot and others are not, then it changes. Overall income keeps going up but the highest/lowest performing revenue generators whether they be niche, site, or program (affiliate or contextual) changes constantly. Although I am still no where near as diversified as I want to be, diversifying everything possible is a no brainier, at least for me.
good luck, brave man ;)
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