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I Quit My Day Job…Now A Full Time Home Business Owner


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I am a part time full time Internet Home Business owner

I always wondered what it would be like to write a post like this having seen quite a few of my blogger friends do it, albeit with different circumstances.  Yes June 3, 2010 became an important date to remember for me, much like if it’s your birthday, wedding day, your children’s birth dates etc. It was the day after my last day at the bank I worked for the last 3 1/2 years. A new chapter begins…

Are you ready to quit your day job and work from home?

Well if you have an internet home business started some years ago you should seriously consider it. The primary reason for wanting to start an online business must be working towards financial freedom one day.  It should be your no. 1 goal in your life and hopefully you have already taken concrete actions beginning with your soon to be successful online business. However it isn’t that just because you started your own home business, it’s going to make you rich and famous and let you retire as a millionaire. That would be wishful thinking.  On the contrary, statistics have shown that 95% of people who started to make money from the internet failed miserably. Does the truth hurt or spur you on?

In my Internet Marketing journey, I’ve always cautioned people not to make rash decisions when it comes to wanting to quit their jobs after having found an online business opportunity that they think can replace their lousy day job.  The truth is that it takes time to establish your business and a better option would be to do it part time first. Why? Because the seeds of failure usually bloom early enough during the early stage of your business.  Because most people who give up a well paying day job for his own work at home job without careful consideration often regretted it. In short, not everyone succeeds.

Now that you have quit your job and working from home….

The most obvious difference between then and now is that previously you were always complaining about not having enough time for your online business to  now having too much time. Well whether you have too much time remains to be seen but it all depends on how disciplined you are at your work from home job.

Treat your work at home business like a job and just tell yourself your office is located in your home.  Your challenge has always been about learning how to make money blogging, earning from your affiliate programs, how to earn passive income or create more micro adsense sites etc etc. It is not a challenge to now focus on your work and beat all the distractions surrounding you at home. I know, at times it does feel like walking your dog, doing the laundry and raking your yard seems to take your mind off things. It may even help with that writer’s block every now and then :-)


It may be a good time to psych yourself up saying to yourself, now that you have the luxury of time, that you now have a greater chance of success in your home business. You certainly don’t want to prove right the 95 percent failure rate for those starting an online business.  Recently I was following the success of Liz Tomey and she says that the key to online success is to “find a proven profitable business model and stick to only it”.  So this means if you now spend more time on a strategy or business model that you know works for you, well you may see more than fireworks on July 4.

If you have recently quit your day job and started an online business working at home, how about sharing some of your challenges that you faced. Any regrets, any significant achievements working at home?

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A Legitimate Home Internet Business researching work at home ideas this blog was started by yours truly, an ex-banker running a home business helping others start and grow their business, finding new ways to make money online. Read More About Me

27 Responses so far.

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  4. That's a big decision you've taken.It's never easy.Wish you all the best.

  5. peterlee says:

    @Sujan Mukherjee: Thanks! and yes I still think we should start part time first and I did that too.

  6. So you must be making great money now! Congratulations man!

  7. well done peter i could really do with your help and would appriciate any advice you could give me via email, greg@genuinecashmaker.com

  8. peterlee says:

    Hi Greg,

    To be honest, I did not quit because I am making a lot of money on my
    business. That's far from it. While I'm making some money, it is never as
    much as what my day job paid me. It's my passion and love of this business
    that I love and the freedom it gives me while working at home.

    You should focus on micro niche adsense sites as that's my most profitable
    source of income at the moment. Buying xfactor's adsense blueprint in Sep
    last year was my best investment, my best decision I made.

    Check out my blog and you will see lots of posts on it.

    Peter


    Peter Lee
    http://www.peterleehc.com
    http://www.peterleehc.com/blog

    Subscribe to Backlink Builder and Get 30 high PR6-PR9 links for only $5.00
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  9. peterlee says:

    @make genuine cash online: Hi Greg, thanks for dropping by. I just send you an email. Look out for it.

  10. peterlee says:

    @Win Money Online: No not really. Money is important but not necessarily the only push or pull factor.

  11. Nelsonbaker21 says:

    Working part time or full time is a great option available in home based business so a person have the option to plan his work schedule.

  12. peterlee says:

    @Nelsonbaker21: Absolutely, you choose your own option and take up the challenge to work for financial freedom. Remember if you do nothing….nothing happens.

  13. Well, you now like free from your job? its really great.
    Writing from freelance writing jobs. For people who need more money and you are a good writer.

  14. peterlee says:

    @freelance writing jobs: well….into another job working at home :-). I have some regular clients that I write daily so that's keeping me busy and of course providing me a source of income…I read your site…sounds interesting…

  15. Hi Peter,

    I've always find it intriguing how people say that they can quite their day job and work at home. Forgive me for saying that cos the internet is full of copycat success or fake sucess or spams. But I believe that there are a lot of people working from home and are making a living online like yourself.

    I also have a blog quite similar to yours. Not sure how long it will take me to find success, but I'm not giving up. I think the other thing is to also find ways to motivate yourself.

  16. peterlee says:

    @Bryan Wong YH: Well it doesn't mean that I've found success yet. I am far from it. There could be different reasons why people leave their day jobs while still doing part time online business.

  17. Mitch says:

    Okay Peter, you know how much I hate Disqus, but I felt I had to write to congratulate you on this big move. I've been working for myself 9 years come the 24th of June, and it's a challenge, but it can also be a lot of fun. Course, I'm not really an internet marketer, but a consultant, so what you're doing is going to be risky. But I'm betting it's also going to be a lot of fun; good luck with it all, and I'll be following your story.

  18. peterlee says:

    @Mitch: Thanks for dropping by my friend and your well wishes. I didn't know you've been at it for so long. Glad you're enjoying what you do now. I wish you many more years of success.

  19. new homes in dallas says:

    I have made a lot of marketing mistakes,,,but fortunately I realized developing relationships with other real estate agents,,while fun, does not put food on the table..I see this quite a bit on Active Rain…too many folks are climbing all over each other to get the other real estate agent’s attention.

  20. Moniquedavis80 says:

    Thanks of this informative article. Online Home Based Business is truly more failure in the first month. But sacrifice and patience is truly needed. Love your work. If you love it, the fruit of your sacrifice, you reap.

  21. peterlee says:

    @Moniquedavis80: Well said. Thanks for dropping by here.

  22. I wouldnt do that because no one can predict the growth and sustainability of a mediumlike the internet.Just doesnt seem secure enough to me.
    http://www.harshitsinghal.com

  23. I wouldnt do that because no one can predict the growth and sustainability of a mediumlike the internet.Just doesnt seem secure enough to me.
    http://www.harshitsinghal.com

  24. MAKE MONEY ONLINE says:

    Forex Wealth Builder…

    I found your entry interesting thus I’ve added a Trackback to it on my weblog :)…

  25. […] also was quite an eventful month for me as it was then that I quit my day job. Well here’s the highlights of my blog income for June […]

  26. […] on taking the leap in starting your own home Internet business. While people will inevitably express doubts about your success, don’t listen–have […]

  27. Josh says:

    Very nice… I left my job about 4 years ago : )

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