So this is my plan, as of today, September 12, 2013, I plan to dedicate only one more year of my life to the 9 to 5 grind. Actually I don’t even have a 9 to 5, I have a whenever they want me until whenever they’re done with me.
This is why I need an escape. I enjoy the work, but the hours leave much to be desired.
That is why, this time next year, I plan to begin blogging full time. I want to be able to go jogging in the morning, and walk my dogs in the evening. Keep a regular schedule or change it at my choice.
The goal isn’t to be able to lay on the beach everyday with my laptop and party every night. The goal is to take control of my life.
Getting Finances In Order
The very first thing that needs to be done if it already hasn’t been is getting finances in order. To me, in order means the following:
- Getting rid of any revolving debt, like credit cards.
- Having enough money saved to support your household for at least 6 months.
Remember, you should ALWAYS be saving, even after quitting your job. Better yet, especially after you quit. We aren’t aiming for new cars every month or vacations every weekend. We simply want to be able to sustain a decent living and to be able to support ourselves. Live within your means.
Earning Enough To Quit
You’re also going to need to have your monthly income from projects be enough to cover your monthly expenses as well as be able to add to your savings. You should be aiming to make more than you were making at your job.
Why isn’t making just as much good enough? First off, if you had medical, dental, etc. benefits, you’re going to have to cover those yourself from here on out. Next, none of your income is absolutely guaranteed anymore. Anything can happen. Suppose you get banned from AdSense or your affiliate marketing network shuts down. This brings me to my next point, having multiple streams of income.
As I just said, anything can happen. This is why you should have multiple streams of income. Run more than one website, earn from more than one advertising or affiliate marketing network. Be sure to keep your options open.
What To Expect After Quitting
First things first, I know that I probably won’t be able to work less than 8 hours a day for a while following this decision. Heck, I’ll probably need to do at least 10 hours a day.
I know that there will also be a lot of temptation. There’s going to be TV, friends, and just about every other possible distraction you can think of. The key is to drown out those distractions and find a quiet distraction free place to work.
I’m also prepared for days that just won’t go right. Days when I won’t reach my goal. Days when I’ll have writers block. It’s all about knowing that you have to keep moving forward.