
02 Aug When Is the RIGHT Time to Quit Your Job and Go All-In on Your Side Hustle?
Lots of people dream of becoming entrepreneurs. And yet, there are some very common reasons why most don’t.
Sure, you want to start your own business… But you also need to afford food and a roof over your head. So what do you do?
For many, side hustles have been the perfect solution. You work your 9-5 to make ends meet, and in your free time, you slowly start piecing together a sustainable operation.
One of the biggest challenges of having a side hustle is knowing WHEN to go all-in.
But how do you know? What if it’s not the right time?
If you’re working a crappy job you hate, you’re probably itching to quit. You’re also most likely scared out of your mind because you’re living paycheck to paycheck.
But did you know that having a low-paying job can ACTUALLY be a blessing in disguise?
I’m going to share a quick secret in this week’s episode and explain why crappy jobs make great entrepreneurs.
Let’s dive in!
Why Is Having a Low-Paying Job a Blessing in Disguise?
Have you ever heard of the “golden handcuffs” issue? I know lots of people who are suffering from it.
Getting into entrepreneurship can be quite terrifying. If you have a job with a steady income, you’d need to give it up before you can fully dive into the role of a business owner.
And the more you stand to lose, the more difficult it is to make that leap.
That’s the main reason why people working high-paying jobs are less likely to become entrepreneurs.
The conditions are so tempting that they would rather give up on their dreams than risk losing what they already have. They remain tethered to their jobs, with their hands tied up by the golden handcuffs.
However, people working low-paying jobs are immune to this curse. Not being tied down by a job is a huge advantage for aspiring entrepreneurs. But it’s also an advantage most people fail to recognize.
I’ve been blessed with a wonderful career in entrepreneurship, but before that, I’ve had my fair share of crappy jobs. And I cherish every single one of them.
They taught me valuable lessons and helped me develop resilience. But most importantly, they made it easier for me to walk away and pursue my dreams.
When Should You Quit Your Job to Focus on Your Side Hustle?
If you’re currently working a low-paying job, you don’t need much to get started. All you have to do is match your current salary.
Let’s say you’re getting $3000 a month. If you can create a side hustle that can bring you the same amount – you’re already there! Just go for it!
“Not sure when you should go full-time with your side hustle? You do it right now!” – Eric Beer
Think about it… What’s the worst that could happen? You fail, right? And there’s a chance you may fail… But that shouldn’t stop you!
Because when it comes down to it, you can ALWAYS get another job.
If you do fail, financially, you’re back to square one. But even then, you’d have gained a priceless experience that would improve your chances significantly the next time around.
But if you succeed in sustaining yourself with your business… The opportunities that lie ahead are endless.
Take the shot! I believe in you!
—
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Listener Love…
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Anyone who has a chance to listen, do it. Subscribe, download and listen. Eric is authentic, he truly cares about the people he comes in contact with. I know eric, I’ve tried to be around him and learn from him any chance I get. He’s been successful in every stage of his life. Getting the opportunity to hear from him direct, how he thinks, how he goes about achieving his success, his strategies, his tactics, his outlook on life. I’m thankful he started this podcast and I’m thankful I get the chance to learn from him. I have no doubt the lessons he delivers each and every episode will help me continue to be succession my journey. Thank You Eric for making an impact on my life and making me realize I’m capable of so much more than I ever realized. Your support fuels my success. Good luck with the podcast!
- Wholly Cow!!! Eric Is The Real Deal!!by Supreme Dragon Slayer 69 from United States
Seriously.. Affiliate Marketing has been around for a LONG time.. However, it’s always been associated with scams, and fly by night marketing tactics that are shady l, illegal or unethical at best. Until now. Eric runs his entire business (which is ultra successful btw) the same way he runs his life.. On pure integrity. Finally, a podcast that is teaching Affiliate Marketing based on being.. Ethical and Transparent. But the best part? This podcast is soooo much more than just Affiliate Marketing.. it’s about running a successful business and successful life. So far Episode 3 is my favorite and I look fwd to each episode as soon as it comes out. Highly recommend this to anyone, regardless of where they are in their business!! Straight Gold Beb!
- Daveby Rothbone from United States
One of the best podcasts in a long time. Very insightful, had me at the first 2 minutes kept me for entire podcast. I am a entrepreneur myself and found it very interesting.
- Eric Beer is a genius.by Raera29 from United States
I've only briefly met Eric - but listening to his podcast (as well as his YouTube videos) - it's clear to me that he has an in depth understanding of how marketing should work. Brilliant podcast!!!
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So excited to get more info from Eric Beer to help further my career.
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I have been a business owner and entrepreneur for over 25 yrs. I found the information both interesting and informative. I am a fan! Dr Todd Askenas
- This dude is the real deal...by gossjoh1 from United States
I’m in the internet marketing space and have heard about Eric Beer from other entrepreneurs and it’s always about how much he crushes it. Over $100,000,000 in revenue... no joke. I had the good fortune to meet him this weekend at an event and he couldn’t be more humble and genuine. Just listened to the first episode and it is awesome! Can’t wait to learn and grow from you Eric and thanks for sharing your wisdom and experience with all of us!!
- Awesomeby Archmatic from United States
Thank you Eric for all your motivation and confidence! This is a must listen. Eric is always on his game and ready for a challenge!!!’
- Informative and relatableby srg1113 from United States
I've listened to the first two episodes and found them useful and entertaining. Eric gives a lot of background to how he got to where he is in his career and the challenges he encountered and overcame along the way. He also shares his knowledge in a way that's easy to understand and would be useful both to people new to Internet marketing, and to people like myself who have some experience but are looking to expand their knowledge. I'm subscribed and looking forward to future episodes.
- Outstanding!!!!by casino exec from United States
This is an excellent podcast for entrepreneurs in any industry. Hearing Eric interview and discuss proven success stories is like getting a motivational fix within 24 minutes. Can’t wait for the next episode!!!
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This is good! Guy is well known industry veteran. In the age where it's hard to get 15 minutes with someone like that on the phone, these episodes have a permanent placeholder on my calendar. Well done and keep up the good work!
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Walked into the office inspired and motivated! Great listen.
- Just discovered a GOLDMINE of information!by ericamerica from United States
This is next-level marketing that EVERYONE needs to know. SO much value here! This is information people would be willing to pay BIG $$$$$$ to have, and he’s just laying it all out here.
- Insightfulby lonestar1818 from United States
Incredible insights from one of the best!
- Entrepreneurial Goldby girlfriendwithnutallergy from United States
This podcast is amazing an a must have for anyone looking to take their entrepreneurial endeavors to the next level. Whether you are interested in becoming involved in affiliate marketing, or are just a student of life looking to learn about one of the largest and least discussed industries, this podcast is for you. Eric makes his passion for entrepreneurship available to all with this podcast, and for that reason it is a must listen.
- Knowledge bombs!by Sheree Trask from United States
Eric is a wealth of knowledge, not to mention, incredibly humble! He's got the proof to show that determination, grit and perseverance pay off... and I love that he's shedding light on the world of performance (affiliate) marketing with tangible tools anyone at any point in their online journey can apply. Thanks for all you do, Eric! Excited for more!!
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Eric Beer is a tremendous listen. His story telling and motivation have already driven me to work harder. Can’t wait to hear what he has to say next.
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Eric is a great guy, gives from the heart and is a wealth of powerful, profit-positive information. Rock on, brother!
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If you are serious about starting in this business this is the podcast to help kickstart your career. I highly recommend tuning in.
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Never realized how mich money performance marketers make without taking much risk. Get excited to learn more
- Eric Nailed It...by Mark Duke from United States
You do not want to miss out on this podcast. Eric is absolutely brilliant at his craft. A MUST listen or anyone who is wanting to ethically up their game in the business + affiliate marketing space. Cheers!
- I loved this podcast!by DPG...123 from United States
I just listened to this not knowing what to expect and it was FANTASTIC! I am hooked and can’t wait for more episodes. Looking forward to learning a ton from Eric 🙂
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Eric’s level of transparency and REAL value is not only rare but transformative! Don’t sleep! He’s the real deal!
- Got me hooked from the startby Doc bus from United States
Hearing Eric’s story and why he is looking to share his knowledge of starting a business was so motivational. Looking forward to hear what he comes out with next. Hoping I can use his coaching to take my own life and business goals/ideas to the next level.
- Eric is a genius!by Golden Oracle Ministries from United States
I had the pleasure of meeting Eric Beer in a high level mastermind that we are both a part of. I must say that every time he opens his mouth marketing gold falls out! I’ve made millions both online and offline, so when I hear someone talking about marketing I’m not usually that impressed, but with Eric I’m beyond impressed. I’m blown away!!! Learn from Eric, do what he say and watch your business grow.
- Excellentby JLRPS22 from United States
Very motivational!
- Awesome contentby NickTheGreek83 from United States
I don’t normally write reviews but this is a must listen for anyone considering starting a business. Eric thank you for taking the time to give away some of your secrets! Look forward to future podcasts.
- Legend!by Daxy111 from United States
SO excited for your content to come. You're advice and results is authentic which is rare now a days!
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- The real dealby Erin_Verb7 from United States
Eric Beer is one of the smartest media buying minds I know. Take this chance to learn everything you can about affiliate marketing from him. He will teach you an ethical way to make your life and your family’s lives better through affiliate marketing. He’s the real deal.
- Genius marketing knowledgeby Nick349731 from United States
I can’t wait to continue to learn rom Eric! So skilled and such a genuinely good person too. Keep putting out the great information Eric!
- Great story and great infoby R-Rot from United States
This was a very interesting podcast. It was honest, informative and motivational. Eric has a great story that, everyone who is interested in starting a business, should listen to. Highly recommend!
- Amazingby Billion Dollar Cowboy from United States
I can’t wait to learn more!! So so good!!
- Awesomeby Eric X 2 from United States
Eric Really enjoyed listening to this. Keep up the great work!!!
- Let’s Market!by hjdvikes from United States
As someone who has networked and marketed more over the past 2 years than ever before in my career, this Podcast is an absolute MUST listen for me. Eric makes it easy to listen, learn and apply.
- Invaluable information!!by lpro1111 from United States
Invaluable information. Can’t wait to dive in.
- Great information, tons of useful tipsby jonnygal77 from United States
These are great, so much useful information that I can use immediately and effectively. Thanks Eric
- Great listenby Xtra Medium from United States
I love listening to Eric’s podcast on my way to work. Looking forward to applying some of these principles to my career.
- Definitely worth a listenby SBS776 from United States
I have had the pleasure of working with Eric and this podcast is a roadmap to success. He is a professional with years of experience and delivers results
- Game Changerby Jay Heydt from United States
Eric Beer is a game changer for your business. I had the privilege over the summer of taking an online marketing class with him. The daily interaction with Eric made me believe anything was possible as well as opened my eyes to an entire world that is online that I was missing. You will learn and earn with Beer. He is one of the best business coaches out there!
- Performance at its best!by Shm722 from United States
Eric has great ideas and insights!
- Listen to a visionary....by RobH60 from United States
Eric is a genius and visionary. Always looking to get ahead through hard work and drive to success yet he is super down to earth and willing to spend the time to share the secrets of his success with others.
- Finally, coming out to teach the worldby RogerSmith! from United States
I've known Eric for quite some time and he has been the guy who is quietly CRUSHING it. I'm glad he is coming out to the masses to share all his knowledge!
- Can’t wait to dive into these!by Arushi-315 from United States
I can’t wait to learn from Eric so I can level up my marketing!
Transcript…
0:00
Guys, for anybody that's out there doing anything on a side hustle, you're not sure when you should go full time... You do it right now! If you're making some money in your side hustle, you do it right now!
0:11
I spent the last 17 years building my eight-figure performance business without using any of my own money, working with some of the most brilliant direct response marketers in the world today. Now I'm looking for entrepreneurs to join my affiliate army, built on ethics, transparency, good old hard work. Join me to change the perception of how people view the greatest business in the world, affiliate marketing, and follow along, as I learn, apply, and share performance marketing strategies, working with some of the brightest people on the planet. My name is Eric Beer, and welcome to the Performance Marketer Podcast.
0:53
What's up, everybody? Happy, happy Monday morning. I just saw a video with Gary Vaynerchuk, where someone asked a question to him saying "My side hustle is consistently beating my current salary, and wanting to know when the best time to possibly go full time." And it got me thinking. First off, I mean, that's a silly question, right? If you're beating what you're currently doing, and it's a side hustle that you're enjoying, and you're now being entrepreneurial, versus getting paid and work for somebody, I mean, I don't know how you don't go full time into knocking the cover off the ball. But what I wanted to kind of put in your heads is that for everybody out there that has a job, and they're making less money than they would like, or they're, they just can't make any real money at all. You got to look at it as you're lucky. Because most people that make a lot of money, have a very hard time leaving their job, especially if you have a family, and you have all these financial responsibilities. But if you don't make a lot of money, and then you're trying to start your own business, the beautiful thing about that is, you really don't have to make as much money in the side hustle to justify leaving your job. Guys, think about that for a second, right? Because a lot of people look at the negatives of "Ah man, my job sucks, I make no money." Bah, bah, bah, bah, bah, right? But with that said, if you're making $3,000 a month in your job, well then guess what, guys? If you start doing a side hustle, and you're able to make more than three grand, you're already matching what you're currently doing at your job. And financially, nothing changes for you. Yet, your opportunity and the upside is massive. And let me be really clear about this, just because you're making as much or more money in your side hustle as you are in your current job does not mean you're not going to fail. You may fail. As a matter of a fact, there's a high percentage that you will. Everybody fails. I fail in new businesses all the time. I mean, I probably go one for 10, one for 20, but that one pays for itself and then some for years to come. But the thing that you have to get across in your mind to ease your anxiety is that worst-case scenario, you just get another job, you just get another shitty job. That's the beauty of it, nothing changes. So, guys, for anybody that's out there doing anything on a side hustle, you're not sure when you should go full time you should do it right now. If you're making some money in your side hustle, you do it right now. And you should be blessed that you have a shitty job, he should be blessed that you do not make a lot of money. Because there are plenty of people that I know who make very good money, very good money. And now they're in their late 30s, middle 40s. And they're so afraid to leave because they've been doing it for so long, that they will never leave their job unless they get fired. Ever. Because they make too much money. And they have too many responsibilities financially and they're too scared. And that sucks. I call that the golden handcuffs. You do not want golden handcuffs, you want shitty jobs. There may be a reason why you have a shitty job and that you don't get paid a lot. Because your path is set to be an entrepreneur. For me, I never had a job that I was making so much money that I couldn't leave it. My last job, maybe. You know, but still like at the time I thought it was a lot of money, but it was not. And I'm thankful for it. I mean, the fact of the matter is, I'm an entrepreneur and I'm an entrepreneur at heart. And that was my journey. It was meant to be and it's meant to be for you guys. All of you guys that make shitty money. All of you guys that have shitty jobs, that's a good thing because that's gonna motivate you to go after it. So today's the day, go get some you can do this. And if you fail, who cares? Go get another job. But you ain't gonna fail. You're gonna kick some but. Alright guys, have a great day, be blessed, thinking of you all, rooting for you. Bye-bye.
5:06
Would you like to learn how I built my business using other people's money? If so, go join my 21-day challenge at performancemarketersecrets.com. I look forward to meeting you and welcome you into my family. And remember, results don't lie, but the people who don't have any tier. Thanks for listening.