30k a year or 60k a year? Rant & Poll

What would you choose for the next 3 years of your life

  • Make 30k a year working for yourself

    Votes: 121 72.0%

  • Make 60k a year working for somebody else

    Votes: 47 28.0%
  • Total voters
    168
leadsupplier said:
Ok, so i recently started a corporate job, it's my first one, and my first job i've had in a while. I just graduated college last summer.

I'm already starting to loathe the job. I don't do any real work, and i basically just need to be there for 8-9 hours every day. What a waste.

After doing some thinking tonight, and after seeing a GE commercial saying "if you aren't have fun at your job, your doing the wrong thing".

Then i asked myself, what do i really want out of a job. My answer was always "I want to make a lot of money". Now here I am with a corporate job making money that people would give an arm and a leg to make these days, not liking it, and prospectively going to another corporate company for an interview in a month for a different job.

then it struck me! the reason i'm not really liking this job, or any job i have ever had for that matter, is because i'm not making my own money. I'm getting paid a specific salary, regardless of how good/bad i am at my job, and it will always be linear in terms of how much i make. Work 10 years make more money simple.

But what i realized is that i dont think i will ever be happy living that type of reality. Going to work everyday is bad enough, wasting an entire day in an office building is a tragedy, then realizing that the only way i can make more money at this job is to invest years of my life into a company that could lay me off tomorrow just does not seem to make sense.

So here's my question to all of you, would you rather make 30k a year, making all that money by yourself, learning everyday, and basically not being limited to making more or less money, its on you. Or would you rather work for someone else doing work for them making 60k a year?

I'm challenging myself on this question right now, and after i give it a few months i'll have a much better idea of where i stand. But damn, let me tell you it is no fun, and the money does not make up for the monotony and inefficiency of this job.

that is all
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Don't leave your cushy 60k/year job until you are making at least over 100k/year from affiliate marketing.

How you feel about your job is irrelevant, if you leave it and can't make you own business produce within a few months you are going to be fucked. That's the truth.
 


Traska said:
Don't leave your cushy 60k/year job until you are making at least over 100k/year from affiliate marketing.

How you feel about your job is irrelevant, if you leave it and can't make you own business produce within a few months you are going to be fucked. That's the truth.
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Yep, that's why you start your own thing, while working. I'm not saying to literally do your own work on their company time...

But always be thinking and taking notes. No one wants to work for the man. If you're even thinking about starting your own thing completely, then you never loved your 9-5 job in the first place.

1. Find a 9-5 job you love
2. Start your own thing (hire a team, train them over remote desktop connection, maybe a few websites, etc.)
3. Do both as long as possible, making sure both worlds never meet.
4. ?????
5. Profit.
 
If you can't make $30k a year from your own business then you are both socially retarded and not very sharp. In which case you probably aren't making $60k a year from a corporate job.
 
If 30k and working for myself mean that I can grow my business and a make much more next year I would choose 30k. If could make 30k working for myself and next year the same, more or less 30k then I would choose 60k working for someone else.
 
I was in this exact position.

I was sitting in my cushy office job, looking around at all the depressed, miserable people around me and thought: Is this really what I want? Is this really how I want to end up?

I quit, went to uni, and now am earning $30k a year working for myself.

I wouldn't trade it for the world.

It was a choice between waking up every day, hating my life, forcing a smile and a laugh to get through the day, and daydreaming about a life that didn't so closely resemble the miserable shit I was stuck in or waking up excited about how much I could create in one day and how many people I could help.

No competition.

Is the money tough? Yeah, but I don't have kids of a mortgage so I can handle it for now. The bank balance is already starting to grow so I won't be on $30k for much longer.


L.
 
Definitely $30k for me.

Wake up every morning, goto some cubicle or office somewhere, have a boss telling me what to do, when I have to be there, when I can go home, when I can eat lunch, have to act polite and respectful to everyone while they droan on about the stupidest shit possible that I could care less about, etc.??? And all the while, I'm making someone else rich? Fuck that...

Last time I had a real job was about 11 years ago, landscaping foreman making that whopping $9/hour. I'm quite confident I'll never have a boss again.
 
Working for someone else, I always hated it, but otoh you don't have the stress/worries that come with business ownership, I would keep your day job till your night job pays so to speak. Its amazing what you can do AFTER your day job, at lunch, etc.

OTOH you might miss out on a giant opportunity...

Good luck!
 
[ame=http://www.youtube.com/watch?v=h_Sj9o7DWJU]My Fair Lady With A Little Bit Of Luck - YouTube[/ame]
 
jsphfcll said:
easy... work for 60k for two years.. take 1 year off... i'm still ahead of your 30k a year over the next 3
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You can't get back time.

Yes, what you say may be true, BUT meanwhile, in those 2 years you made 120k doing your corporate job, the self employed person was perfecting a system of running their business. More importantly, in those 2 years, they created a business reputation, while you created a resume line. What were those 2 years at corporate even worth if it's not a career path you even like? What if those skills needed for the corporate job are not transferable to your business? That is not worth 2 years at corporate.

I've always been a risk taker, and I think that's what it comes down to because I can't see how the general population is so closed minded to starting your own business. The upside of starting your own business is HUGE.

Are you going to go the path of everyone else, or be a real man and create your own. I doubt anyone looks back on their life and says.. "Wow, I'm so glad I worked my ass off for that company my whole life."
 
behnk01 said:
I doubt anyone looks back on their life and says.. "Wow, I'm so glad I worked my ass off for that company my whole life."
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A lot of partners probably do. Or doctors, lawyers, and other professions that people might take because of a passion or will to make a difference in the world, help people, etc.
 
Also, something my dad always points out to me, he wished I had worked in a company to see some structure, how things run from employee perspective, etc. If your getting paid to get an education, so to speak, that's a good thing. If you can learn on the company's dime, that is to be considered. I wish I had paid more attention in school to my accounting classes, and other classes I skated thru. They didn't have meaning then. It would be great if your job was somewhat aligned to what you want to do.

I have listened to a LOT of business mentors cd's etc over the years, goal setting, etc.
The best always say to make a DREAM GOAL LIST of what you would like to be, do, and have, and not make it "realistic" but rather shoot for the moon, set the ceiling really high for yourself, and that creates passion. Money, well, it is important for all of us, but I simply set the bar too low when I was younger. I regret that now, because the other poster was right, you can't replace time.

Aim really high, write down the specifics on how to get there, and then go for it!

IF its just a Mcjob, that is a waste of your time, but if you can learn some business 101 while formulating your dream goals/plan, then it may be a good thing. Also, some are not cut out to be self-employed, and there are some awesome jobs out there, like the one my friend Eric had at Microsoft which allowed him to "retire" at 35 or so and create
cellartracker.com, he learned how to code at microsoft and used his skills to create the best wine inventory/tasting note system in the world.

My fathers cousin created American Girl, which she later sold to Mattel. She was a 30 something schoolteacher who broke out of her job and became a billionaire. So it is possible to gain experience in a job setting and later break out in a big way...
 
EricVonDoobie said:
$500 a day online is about 180k a year before taxes. After taxes you're still earning well into the six figures and this income goal is easily achievable online. Fuck the corporate job and just start grinding.
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^ this then only pay yourself 30-40k yr. Invest the rest into an comfortable lifestyle

I've been doing AM for 5-6 months now and have finally consistently made 400-600 a day now and plan on saving up a years salary from where I currently work, pay the house off then give my 9-5 the fucking finger!
 
If you're asking a question like that, you're probably not ready to take the risk associated with running your own business. The first business I did was offline & really small so I had a corporate job to sustain me. Once I got motivated to make a sustainable income working for myself I essentially poured myself into two full time jobs (keeping the corporate one to pay the bills & investing back anything from my business to try & grow it). I failed miserably with that first business but learned a lot from it. But I didn't give up. I kept at it. Now I'm working for myself & it's nowhere near the stability yet of the corporate job but I'm getting there. You've gotta be willing to take risks, make mistakes, & keep pushing at it... or just stick with the financial comfort of an office job & complain about how miserable it is.
 
People ask me why I live so cheap sometimes too, it's so I can keep sinking back money into business until I'm comfortable with my income streams to upgrade a bit. No shame in living like you're broke for a while. Sure beats overextending yourself on credit to keep up with a lifestyle you've made everyone think you live.
 
lschmidt said:
I would opt for something you haven't considered...

Make 60k from your full time corporate job

Plus, make an additional 30k from doing affiliate marketing in your spare time

And don't feed yourself some BS like you won't have time for this. You always have the time, the question is whether you're willing to make sacrifices to come up with that extra time. Sometimes the sacrifices are worth it, sometimes not.

However, it's your choice and the sun will still rise tomorrow regardless of what you choose.
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This is what you need to hear. Lots of us here have worked a full time job and built up our side businesses while doing so.

Most of the successful IMers I know have done it this way. I was pulling down 3x what I make in my day job before I finally quit.
 
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