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Mar
18

Full time affiliate marketing

I have been asking myself the question recently when the right time would be to do this affiliate marketing full time. This is defiantly something that I am seriously considering doing. I am currently in a very stressful but well paid Project Managers position, the only change that i would make from that position is to go self employed doing this affiliate marketing.

The decision when to do this is based on a number of factors, each month I complete my accounts for my affiliate projects. compiling all my earnings from each site and each network into a database and of course how much I have spent on marketing, domain names, hosting etc. I then take the profit figure and work out an average earning per working-day over that month. It is this figure that I use to see how well my projects are doing, over the last few months there has been a steady improvement in this average daily earning.

The main reason I take this average is that I know my current daily rate and therefore I can compare my affiliate earnings to my salary. Although many days I earn more from My affiliate marketing, I need to be sure that the income will be sufficiently secure before taking this up full time.

Another thing that I throw into the pot is that if I were doing this as a career, I would have greater time to dedicate to the projects, thus hopefully resulting in greater success.

It is clear to me that now is not the right time, as I have a baby on the way and that in the next few days is and will be my priority, however I am very sure that such a move is distinctly possible and with every month that passes by, and the more I learn about what works and what does not, the prospect of becoming a ‘Super Affiliate’ becomes more real.

As a project manager I am very used to making long terms plans, I am therefore going to set out my stall and plan the progression into full time affiliate work. I will then be able to see how soon it is possible to make this move.

I would be interested to hear from anyone else who is currently considering this sort of a move, and also from anyone who has successfully moved from a salaried position to earning their whole income from affiliate marketing.

2 comments

  1. Kieron says:

    Don’t do it until you have enough money saved in the bank to cover at least 6 months (preferrably 12) worth of bill payments, i.e. mortgage, utilities etc. Its a really big step so the bigger the safety net the better. Good luck!

  2. Digitalquill says:

    Kieron

    Great advice, what with a baby on the way the first thing I will ensure is financial security for a decent period of time

    Thanks for your comments

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