How to make the switch to working online part 1
How to make the switch to working online is going to be a short series on how to move from your 9-5 job to a life of freedom and flexibility of working online. This is how I made my move and how you can too, no BS involved.
First, it isn’t working online but rather playing online and earning money. If I did not love getting up in the morning doing what I am doing, I wouldn’t last a month. The biggest hurdle you have to overcome while pondering the thought of working online is to ignore what others have done to make money online and to do what you love instead.
When people first start out online, they look at the likes of John Chow and Jeremy Schoemaker and think, “I can do this.” What most people realize after about a month of trying is it doesn’t work out that way. Earning money online can be a lot harder than it appears.
First Step:
Start! I know that seems basic, but it is amazing that most people only think and talk about making a life change for the better. So get going and do it! Learn about the different ways you can make money online and what you are capable of doing.
Second Step:
Find what you love to do. Motivation is a huge factor in success. When you love your work, you aren’t working. Having fun is probably the most important aspect of doing what you love. Besides loving what you do, you will often know a lot about that particular niche, adding even more to your credibility and knowledge to the trends in that market. Knowing as much as you can about your niche market gives you the edge on top of the passion to pursuit it. It amazes me that even after blogging for a short period of time you will see so many other bloggers come and go as they slowly give up on their pursuit of money. It’s a pursuit of a dream that will carry you through.
Third Step:
Phase into your online work. I didn’t just wake up one day and start working online. I started by reading blogs. Then I started subscribing to blogs that I liked. I opened up a free blogging account on Blogger.com and other sites, learning the skills of creating a fluid site online. I learned how to and how not to make money online (selling ebooks is not going to get you anywhere unless you know how to market online well). Make the shift from part-time Internet entrepreneur to full-time self employed Internet marketer. Start small and allow yourself to have a life outside of the Internet and your work. As you grow and expand online, you will have to be the judge of when to quit your day job and pursuit your online business. I did this after roughly 4-5 months. I timed vacation and paychecks to give me the most coverage and financial buffer I could. This process wasn’t easy and I had to live on next to nothing for a few months in order to accomplish the transaction. I recommend saving as much money as you can before this part or already be generating a steady income stream from your part-time online ventures. Both are good ideas.
Fourth Step:
Find a balance in your life and establish a routine. It is a whole new world to work for yourself. There is no longer someone making sure you are accomplishing your work. You have to be your own boss. Treat your time as a commodity that you can no longer take back. Time is no longer worth a fixed dollar amount. It is equated in the terms of value added. You now get paid on performance and the value that you provide. It no longer matters how long it takes you to accomplish tasks in order to get paid but rather how much value you provide your customers. Never cheat your customers on value. You may find that in order to generate the income you want, you only spend 4 hours a day working for it. It is important to find that balance and treat that time like it is pure gold, because it is.
Fifth Step:
Diversify. The days where you set up a store front and sold hardware supplies to local people are fading fast. In a world that changes in a matter of minutes online, you cannot afford to be stagnate. As soon as you start generating a decent income from your flagship blog or virtual business, you should be creating the next. When you have 4-5 different but related businesses online, you protect yourself from failure due to lose of income. If one of those businesses or income streams disappears, you still have others to carry your through until your next idea is put into place. The winds of business change so quickly online that no one knows for sure what the next year will bring. If people claim to know, they are lying.
Sixth Step:
Give back. Giving back is a crucial part of business and branding. Giving back doesn’t always have to involve money, it can be in time to help charitable causes, giving advice to others, talking with and answering questions from customers, sending thank you cards and notes and just about anything else. Never forget where you were at one point, and remember to give credit to those who helped get you there.