A very successful business owner once told me that it's best to quit your day job once you're making 2 to 3 times more from your business than with your day job.
Especially with the nature of a business like affiliate marketing, I would add to the above rule that:
1) I have liquid cash that can support my lifestyle for at least 4 to 6 months.
2) having the confidence and diversified skills to re-generate my current income in a period of 2 to 3 months. i.e. if all my current websites/income generators fall apart, I would be able to independently get back on my feet in 2 to 3 months.
3) Before I quit my day job, I want to be sure that my income grows by 10 to 50% per year (depending on how much income I am making).
Since I have not accomplished any of these parameters yet, they are purely theoretical. To me, if I accomplish all these things, I would not hesitate to quit my day job!
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