lovejoy
Joined: Jun 20, 2001
# Posts: 17
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Posted: 2002-Jan-01 05:47
Hi All,
I was wondering at what income level from your websites do you quit your day job? I've noticed posted here in the past that the figure of about $1500.00 per month is mentioned as "almost enough to quit your day job". I would gather most of us here being resourceful types are kind of frugal and must be tempted to live on lesser amounts :~)
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dll-files.com
Joined: Nov 05, 2001
# Posts: 5
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Posted: 2001-Dec-31 05:23
Does anyone know any good pop-up sponsor with a good paying rate (pay-per-view not per click)?
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mantis
Joined: Eons Ago
# Posts:
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Posted: 2001-Dec-31 21:30
Just imagine that income plus your day jobs! That could get you a nice moter?Therin lies the problem. The laws of diminishing returns when is it worth it? My answer is when you have more money than you can spend. Aint there yet!!!
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erwinloh
Joined: Jun 01, 2000
# Posts: 1503
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Posted: 2001-Dec-30 19:01
Hi dll-files.com,I will move your post to the Advertising Forum as your post is more relevant there and would receive more replies. Happy New Year!
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lovejoy
Joined: Jun 20, 2001
# Posts: 17
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Posted: 2001-Dec-31 22:05
More money than you can spend? sounds like never at that rate  I'm getting close to just being "web bound" rather than "bound for work" and have been comparing expenses. For me about two grand would about do it, considering all the business write offs and the savings of working at home.
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Rivux
Joined: Dec 08, 2002
# Posts: 77
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Posted: 2001-Dec-30 20:00
Fastclick.comNothing better.
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NEntropy
Joined: Dec 08, 1999
# Posts: 1117
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Posted: 2001-Dec-31 22:49
Personally, I would keep my day job until I earn substantially more than money from web (or until I can save up enough to get me through for 1 year, which I guess means about $20,000) Maybe I'm just more careful than others, but I don't trust the Internet as a reliable source of income yet as there are way too many variables. Any number of things can happen (ie, your server's harddrive crashing) that can have devastating impact, and I like to have the security... Just my 2 cents.
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takacsj
Joined: Feb 24, 2001
# Posts: 338
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Posted: 2001-Dec-30 21:46
I agree, FastClick is the best.
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lovejoy
Joined: Jun 20, 2001
# Posts: 17
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Posted: 2001-Dec-31 23:02
I know what you mean about security, I lost a good contract that was paying about $1200.00 a month when the company ( eppraisals) went belly up last June, then 9/11 made my own sites traffic drop by 90% for almost a month  . I've always had "more than one pot in the fire" to weather times like that, but it's still tough.
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aibob
Joined: Dec 14, 2001
# Posts: 30
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Posted: 2001-Dec-30 22:03
I also concur! I used popupsponsor which recorded maybe 30 people the entire day and then I was accepted by fastclick and they have recorded around 700.Seems like they are the way to go. I'm testing another currently.
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I
Joined: Dec 23, 2001
# Posts: 269
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Posted: 2001-Dec-31 23:23
"more than one pot in the fire"
as far as quitting your day job, i think you should have at least 3 reliable sources of income from wherever.
When your day job becomes number 4, then you quit it.
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otherground
Joined: Dec 31, 2001
# Posts: 1
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Posted: 2002-Jan-01 05:35
i do contract work in addition to running my business ...if you're near a large metropolitan area this could be an attractive option ... specifically, i teach programming part time at 3 different tech schools ... i also take on side projects (unfortunately alot of pro bono work) ... like the gentleman above said, it's best not to put ALL your eggs in one basket ...
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mantis
Joined: Eons Ago
# Posts:
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Posted: 2002-Jan-01 10:04
I don’t like the dependence that you have in this game on search engines. I have also been reading some threads in the Affiliate section of this forum board that are worrying.Both of these factors and a naturally cautious attitude stop me from devoting more of my time to my web page by giving up work. I do feel that I could make my page more profitable and market it more efficiently if I gave up the day job, the accounts would have to be much better for that to occur. I do have a young family, a big mortgage and need some security. Yawn!!!
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jaikin
Joined: Jul 06, 2001
# Posts: 79
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Posted: 2002-Jan-04 05:45
I quit my day job when I was making more from my web enterprises than my day job.I did wait until it happened that way for 18 months though! :} Like mantis, I'm a sitcom (single income, three children, opressive mortgage) so I waited until I was sure. However, as my dather told me about waiting to have kids - if you wait until you are sure you can afford it, it'll never happen. My two cents, and I'm sticking with it. John
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lovejoy
Joined: Jun 20, 2001
# Posts: 17
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Posted: 2002-Jan-03 19:20
Hi jaikin, I like your site. It's good to see someone in a related business (antiques) making a go of it in this tough market. Just when I think I'm at the "freedom point" the numbers drop I plan on doing some affiliate connections with related products and services later this month after an redo of my site. Hopefully that will get me over the hump.
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Robin1
Joined: Apr 14, 2001
# Posts: 111
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Posted: 2002-Jan-04 13:35
I can't imagine 1500 a month would cut it (not in CT)- and don't forget, you'll need to add in insurance and retirement, which are hopefully part of your 'day job's' package. That stuff isn't cheap, and it's easy to overlook. If you clear around 2,000 a month from your day job, you'll need to make considerably more than that working for yourself to break even.
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jnestor
Joined: Nov 05, 1999
# Posts: 655
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Posted: 2002-Jan-04 17:27
It'll depend a lot on what your expenses are and how much you're making from your day job. It'd have to be about 50% more than your day job to pick up healthcare insurance and the like. Personally you'd have to tack another 0 onto that $1,500 a month before I could consider it. I'd guess that if I could consistantly do $5,000 a month I'd look into reducing my hours at my day job to spend more time on my site.
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lovejoy
Joined: Jun 20, 2001
# Posts: 17
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Posted: 2002-Jan-05 05:38
Health care expenses are not a problem in Canada ( provided by the Government through taxes). How much would an average American family have to pay for health care coverage?
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Robin1
Joined: Apr 14, 2001
# Posts: 111
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Posted: 2002-Jan-04 19:49
Lucky dog!!! I actually don't know what I pay, since it's through work and I pay no attention. Last time I paid for health insurance it was around 600 a year- but that was with school covering a big chunk of it. I'd guess it's much higher than that!(That was also the year I broke my leg and had over 10,000 in medical expenses. I was very glad I had paid that 600 bucks for insurance!)
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takacsj
Joined: Feb 24, 2001
# Posts: 338
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Posted: 2002-Jan-04 23:11
I can't imagine that 1500 USD a month goes far for anyone, except for a college student, or someone living with their parents. In both cases you really are not living completely independent.Do the math, what are your expenses? In some countries, you'll pay 1500 USD a month just for your house/apartment. The more I think of this, I can't believe anyone in the US or Canada or most of Europe, could survive on 1500 USD a month. Maybe with no vacation, no health or life insurance, and no entertainment, living at the YMCA. Oh, what about taxes? After taxes 1500 USD a month is 1000 USD. What about your car, car insurance, etc etc. It adds up fast.
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