Making Money Online: What Keeps You From Doing it Full Time?

While checking out the making money online as an occupation poll results, and found out that majority of BTMM’s readers are not doing it full-time yet, it got me thinking what stops one from fully jumping into the make money online wagon.

There are lots of factors to consider before anyone can decide to drop his current day job and get into making money online full-time:

- Viability of the online business or online job. What job or business you’re going to work on will greatly affect your decision. Does this online business interest you enough? How saturated is the market? Is your skill set enough to grow in this line of business? These are just a few of the important considerations if you are to gauge whether you can survive the online jungle.

- Financial status. If you don’t have an emergency fund, let alone seed money, it will be harder for you to follow your heart and start that web startup.

- Dependents. If you have, say five kids, some in high school, some in College, and you are the breadwinner, it will make you think twice whether you’re going to be all out in pursuing an online venture, especially if you’re not so sure if it’s viable enough.

- Tools. Same with financial status, an example is if you’d like to be a full-time transcriptionist but you don’t have the funds to pay for a foot pedal and a decent headset, it may not be high time for you to join the online force just yet.

- Scams. If you can’t distinguish the rotten apples from the good ones when it comes to online business opportunities, again, better learn more about the bad signals first.

I’m sure I haven’t even covered half of the reasons why one may not choose to get into making money online full-time. As for me it wasn’t a hard decision because aside from falling in love at first sight with making money online (how’s that possible? another story), I have no dependents and I was able to stock on theories that made getting it on first-hand not that too difficult.

Now how about you dear BTMM readers, since according to the poll, many of you are trying it as a hobby or as a part-time gig, what’s stopping you from going all out?