When & When NOT to Quit Your Job…

I recently had a friend and a student go full time in affiliate marketing.

Good stuff, huh?

Well, not quite, my friend is making ZERO income as an affiliate and the student only has one small profitable campaign (he quit a strong 6 figure job).

I talk a lot about taking a leap of faith, and having the entrepreneurial spirit. But there’s a fine line between entrepreneurial spirit and being foolhardy.

Quiting your job before you have a SOLID affiliate income (at least 2X your job income) is about the STUPIDEST thing you can do, especially if you’re doing PPC.

Now if my friend and my student had asked me BEFORE they had quit their job whether it was a good idea, I would have told them exactly what I thought.

The best thing about having a steady job while building a ppc affiliate business, is that you can cover your living expenses with your job income, and thus allowing you to reinvest all your affiliate profits into more ppc adspend.

If you quit your job too early you’re drastically going to slow the growth of your business, since you won’t be able reinvest your profits back in your business - you’ll be LIVING on them or at least TRYING TO.

I didn’t quit my job until :

1. I had paid off ALL of my consumer debt
2. I was making 3X my job income

Now some of you may think I was being TOO conservative, but you know what, my profits took a big hit soon after I handed in my resignation letter. Luckily I was in a strong financial position so I was able to recover.

Had I quit several months earlier I would put myself and my wife (she’s a student) at the brink of bankruptcy.

Another thing to keep in mind…

Just because you have a profitable campaign or have replaced your job income does not guarantee that your affiliate income will continue to grow.

If your business was anything like mine it’s likely you’ll have LOTs of ups and downs in the beginning until you learn how to deal with :

1. Google SLAPS
2. Market Changes
3. Seasonal Changes
4. Changes on the Merchant Side

There’s a difference between making a large affiliate income and making a large & consistent long term affiliate income.

When you understand THAT difference you’re ready to quit you job.