Leaving a big employer to start on a path of self-employment looks glamorous, but there are many aspects of leaving a job that you don’t get to see until you make the plunge. Here is an inside look at my experience in my first month as a full-time online entrepreneur, and answers to some common questions. Resources Mentioned * Monthly Income Reports * Yakezie Transcription Eric Rosenberg: Ladies and gentlemen, boys and girls, children of all ages, welcome back to the Personal Profitability Podcast. As always I am your host, Eric Rosenberg. Today I’ll start off by saying sorry if my voice sounds a little hoarse. I’m actually recovering from a cold and a sinus infection I picked up. I don’t expect you to feel bad for me though because I picked it up while I was off on a trip working and playing in London and Paris. Sorry about that, the normal voice not sounding there…the voice not sounding normal. But please bear with me. Establish a Foundation Today I wanted to talk about as I answer some questions. A lot of readers and friends and family have been asking me about this whole transition from working for a big Fortune 500, company something that I’ve done more or less my whole career I’ve been working for Fortune 500 or at least Fortune 1000 companies, and now I am working for a company of one. That’s a huge transition on all sorts of things. So I wanted to answer some of the most common questions and talk a little bit about what it’s been like so far, about a month into this new self-employment adventure. Let’s dive in a talk about it. First, a lot of people ask me what my income was like getting to this point. I do publish income reports every month on the blog. So you can go check those out. If you go to the show notes there will be a link to the page that has a summary of those. So you can check all those out on the website. But the general outline of how things have gone, I made my first dollar online actually in high school. I started to really seriously try to make income on the side, and that was all online through my websites, starting around 2008. So this was not just an overnight thing. This is no get-rich-quick scheme. This is a lot of hard work and elbow grease. And for a lot of those years I was really working, it felt like a job and a half or two full time jobs. It was not come home and write a quick blog post and everything takes care of itself. Building up a business like this that you can support a family on involves not just writing – it’s marketing and networking and connecting with people. There’s so many parts to it. I had list off a half a dozen things any of which if they hadn’t happened, I wouldn’t be in this position today. Build Connections One of those things is connecting with a group called The Yakezie, that’s Y-A-K-E-Z-I-E dot com, started by my friend, Sam at FinancialSamurai.com. And without that group I would… that was when my blog really pivoted from being just a little hobby to something that are really just trying to focus on growing and building more of an income from. Working with that community I was doing something that I don’t really do as much of anymore, just a little, but there was a time that sponsored posts were a really little big thing for finance blogs. You could charge a whole bunch of money to write posts and link back to companies. I do that a little bit now but I’m a little more transparent. There’s different rules of how you do that. But back then it was kind of the standard thing so I made a whole bunch o...
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