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YARNLADY's avatar

Quit your day job? Who do you know that has succeeded?

Asked by YARNLADY (42232points) July 21st, 2010

Do you believe that this really can happen to you? Is it just an elite few? http://finance.yahoo.com/career-work/article/110123/4-ways-to-make-cash-online?mod=career-selfemployment

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17 Answers

Seaminglysew's avatar

Sorry, but the only way that I know for sure, to make money….is to work hard! As a single mother, I have to do what I know works. I guess the question is, can you take that risk?

YARNLADY's avatar

@Seaminglysew So , your answer is you have not tried this method or succeeded?

kimmisofly4's avatar

GO TO COLLEGE ;)

YARNLADY's avatar

@kimmisofly4 I fail to see how your answer addresses my question.

JLeslie's avatar

My father buys and sells used books. He sells them on Amazon.com and a couple other places where he basically works as a scout. He is retired from his previous career and pursued books because he loves them. It is like a hobbie for him. He makes a decent living doing it.

downtide's avatar

I don’t know anyone who has succeeded in making enough money to live on, without actually working. I know someone who tried one of those online things, and made a little money but not enough to live on and pay bills, it was just “pocket money”. Twenty quid a week or something like that.

cookieman's avatar

I know one guy.

My friend’s brother went to an ivy league school and landed a great job right after graduation. This was the early 90s.

After three years of busting his tail (and a little bit of luck) he was promoted to a vice president position making 500K a year.

At the time, he was living in a friend’s house paying very few expenses. When he landed the VP gig he decided to keep his lifestyle exactly the same (and the friend was nice enough to let him stay).

So, for five years he either invested or saved the majority of his paycheck and ended up with about two million dollars to his name.

Then, around 2000, at the ripe old age of 38, he retired.

While he still re-invests his money, and remains frugal, he’s bought his own house and spends most of his time traveling the world.

niki's avatar

@JLeslie wow..that is really interesting of what you father do!
but I’m really curious as on how he is able to make quite a good living from just selling books,
is it really seriously possible?.. how so, though?
i’m really curious and interested!

vekteur's avatar

I don’t think those people ever really quit a “job.” What I mean is that there are those lucky ones that truly enjoy what they do – it doesn’t feel like work – but they make money from it.

JLeslie's avatar

I once read that it takes approx 7 years on average for most people to go from their regular day job to a new career. From initial serious thought about what they are going to do, to doing it part time while still working their full time job, to finally getting to the point thatthey can leave their former career.

@niki I Sent you a PM with details, but mostly he buys books at library and church sales and sells on Amazon.com. He has about 5,000 books on line at any given time.

SmoothEmeraldOasis's avatar

@cprevite- is your friend still single or is he happily attached with family? Just curious, because if he is not happily attached to someone, I am curious is he elated to be single and financially secure?

cookieman's avatar

@SmoothEmeraldOasis: He remains single. I’m not sure how he feels about his financial security balancing his being single – or if he even equates the two. Interesting question though.

kimmisofly4's avatar

@YARNLADY well it does, you should get a job after going back to school, you will prolly go farther

YARNLADY's avatar

@kimmisofly4 I am asking if anyone has successfully made money this way. Please stay on topic. Go to College in no way answers my question.

SmoothEmeraldOasis's avatar

Well, okay; noone should quit their job if they are fortunate to have a position where they are contributing to society in a positive way. But also on the other side of the speculum, we all have goals and aspirations and if we attach gumption to that we may get farther in some venture that promises financail security. I hope tha I was able to stay on topic, if not just let me know, I will stay cool as a cucumber, lol

shpadoinkle_sue's avatar

I’ve been making a lot of crafts since I’ve been out of work. I’d like to do it for a few extra bucks, but it’s the day job that’s going to make me the money. It’s hard work either way. Getting yourself to that position where you can quit your day job and/or just keeping your nose to the grindstone.

SmoothEmeraldOasis's avatar

True, I understand what you have conveyed, I know that there is a balance and only each of knows what we have to deal with on a daily basis and we know what can be put off for the sake of doing the second venture, such as maybe this week I would only mop the floor three mornings instead of everyday.

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