Someone asked me the other day what were the three things that gave me the confidence to leave my job in 2012. My initial response was being able to negotiate a severance package worth six years of existing living expenses. The severance was seriously the unexpected X Factor that I did not foresee happening when I was planning on one day leaving Corporate America. All I planned for was saving as much money as possible and building passive income streams.
But as I got to thinking a little more about my financial situation back in 2011/2012, I realized that it was really the POTENTIAL of generating a decent income stream online that got me really excited about pursuing online entrepreneurship full-time.
Back in the Fall of 2011, there were still a lot of direct advertising opportunities despite Google getting increasingly harsher in punishing those sites who sold one too many links. I didn’t want to live in fear of Financial Samurai getting punished, so I decided that I would no longer accept any direct advertisements, or do only a very few that would at least be relevant to some of the content on my site.
I decided to finally focus on affiliate advertising, which is way more congruent and a much safer way to earn income online. Before then, I was just too lazy to try, and I also didn’t really care about making money online as much since I had a job. Read More