So you may be aware that I have recently taken the plunge, and decided to quit my full time job. My current situation is that I am on gardening leave for the remainder of my notice period.
I have had lots of messages of support, and I’d like to thank those of you that have messaged me. I have also had a lot of questions, and I hope to answer most of these in this blog post.
So I guess the big question is Why?
I have always wanted to start up my own business, I have many personal reasons for this, but I just feel that this is something I was put on this planet to do, it’s just the type of person I am. As a kid growing up I had loads of mini ‘businesses’, I guess that’s how it started off. Those with the same mentality will understand. They say it’s the things you don’t do in life that you will regret, and I think if I didn’t give this a good go, this would certainly be one of them.
What will you be doing?
I’ll mainly be creating affiliate sites focused around the health and beauty niche. I already have a few domains and websites in this sector. I aim to create a few smaller sites, and one big site, which is more of a long term project. One thing i’ll be making sure I do, is to create quality websites. I’ll also be buying and selling domains on the side too. I guess the beauty of this, and the online world generally, is that I can do whatever I want to do
Are you becoming a full time affiliate?
No, I plan to get a part-time job too, once I have finished my gardening leave. There are two reasons for this. Firstly because I am not ready to rely on all my income coming from affiliate marketing, secondly I think it would drive myself nuts working on my own at home all the time. I need the social interaction.
I think now is just the right time for me for where I am in my life. I have recently turned 23, I am living at home with my parents, and have been for the past 7 months to get some money behind me for when I was ready to take the plunge. I want to do it now, while I can, before I have a house, a mortgage, and kids to feed. I want to do it now, while it is easier.
Isn’t now a bad time, with the recent EMD algo update and the .UK domain proposal?
My answer to that is, there is still going to be a need for websites, and domain names. The .UK proposal may see new opportunities arise too. If I didn’t do it now, I am not sure when I would.
You had a great job you are crazy/stupid/brave
No, I am not stupid or crazy (at least I don’t think so). Others may think I am brave, but I think the brave ones are the ones that do take the plunge that do have a mortgage over their head, and kids to feed etc, kudos to you guys. My job was great, and I am grateful for all the opportunities that were presented to me while I was there.
Why didn’t you carry on with your full time job, and do affiliate marketing in your spare time?
So i did do this for a while. But when I moved back home to my parent’s house, it made things harder, and it’s not easy juggling both at the best of times. I had at least a 3 hour commute each day to contend with. I’d often find myself doing my full time job work during some evenings too just to stay on top of things. My full time job came first, as it should do.
Admittedly I could have done more over weekends, but as any single 23 year old would do, I found myself downing Jager bombs and dancing to some shit RnB in a grotty nightclub every Friday night, which left me hanging like an orangutan on a Saturday- rendering it a write off. This obviously limited the amount of work I would do, but everyone needs their down time.
I also believe that if you do affiliate marketing in your spare time as a ‘hobby’, that’s all it will ever be, just a hobby.
Is it because you want to make lots of money?
No this isn’t because I want make lots of money, although it would be nice! I am doing this because it is something I have always wanted to pursue, you only live once, and you have to do things you want to do in life. As long as I have enough money to live comfortably, then I will be happy. Although interestingly 726 of the richest 1,000 entries on the Sunday Times Rich List 2012 are self-made millionaires. So it would seem that I have increased my chances of becoming a millionaire? 😉
What am I looking forward to most?
I’m excited about what lies ahead, I guess the thing I am looking forward to the most, is growing my own business.