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Podcasts

NP 100! I Quit My Job 5 Years Ago and Learned These Business Lessons

<a class="txt-link" href="https://www.nichepursuits.com/author/spencerh/">Spencer Haws</a>

By Spencer Haws

Last updated: June 5, 2019

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After almost 4 years of producing the Niche Pursuits podcast, I've finally hit 100 episodes!  In order to “celebrate”, I decided to do something a little bit different.

I had no guests and no co-host.  I just sat down with microphone and decided to reflect on my business over the past 5 years.

You see, I quit my job 5 years ago on March 11th, 2011.  That was my last day in the corporate world, and I've loved being able to work for myself ever since.

During those 5 years, not everything has been sunshine and rainbows though.  I've learned some lessons along the way that I hope you will find valuable.

Quick Summary of Episode 100

You can listen to the full recording for all the details, but here are a few highlights:

  • How I was able to quit my job 5 years ago with niche websites
  • Lesson learned: Perseverance pays off
  • Creating and launching Long Tail Pro
  • Long Tail Pro partial exit
  • Lesson learned: Creating your own product is much more profitable than being an affiliate
  • I recommend creating products rather than a niche site as a business venture
  • My progress with Amazon FBA in the past year
  • Lesson learned: Only pursue things that will lead you to where you want to go
  • Other recent changes in my business

Overall, this is a reflective podcast as I look back over working on my business for the past 5 years.  I've learned some lessons and hopefully this podcast inspires you to go out and create your own successful business.

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13 Comments

Podcasts
<a class="txt-link" href="https://www.nichepursuits.com/author/spencerh/">Spencer Haws</a>

By Spencer Haws

Spencer Haws is the founder of NichePursuits.com. After getting a degree in Business Finance from BYU (2002) and an MBA from ASU (2007) he worked for 8 years in Business Banking and Finance at both Merril Lynch and Wells Fargo Bank.

While consulting with other small business owners as a business banker, Spencer finally had the desire to start his own business. He successfully built a portfolio of niche sites using SEO and online marketing that allowed him to quit his job in 2011. Since then he’s been involved in dozens of online business ventures including: creating and exiting Long Tail Pro, running an Amazon FBA business for over 3 years and selling that business, founding LinkWhisper.com, and co-founding MotionInvest.com. You can learn more about Spencer here.

Want to learn step-by-step how I built my Niche Site Empire up to a full-time income?

 

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    13 Comments

    Conversation

    Matt
    April 11, 2016

    Congratulations Spencer! I am so happy to see your success, you really deserve it. Thank you for sharing all that you do, it has really changed my life!!!

    Spencer Haws
    April 12, 2016

    Wow, thanks Matt. I appreciate the kind words!!

    David Robinson
    April 11, 2016

    Awesome Spencer! You and your story have motivated me to dedicate myself to making a living from home and get away from the 9-5…. hopefully anyways! Congrats to you sir!

    Spencer Haws
    April 12, 2016

    Thanks David!

    Ian Hoyt
    April 12, 2016

    Great episode, love your point about social media and such. Been having the same realizations as of lately.

    Spencer Haws
    April 12, 2016

    Yep, social media and other tasks I don’t enjoy just isn’t for me…so I don’t do it 🙂

    Chris
    April 12, 2016

    Thank you!
    I came across niche pursuits in August 2012 and have been a fan ever since. In the beginning I attempted my hands at niche sites and using ltp build out 20 sites following the advice from you. One of the key issues I had was the whole link building and this lead me to the idea of creating a complimentary product to ltp – I remember sending the first version to you 🙂 – I went through a full year of changes and finally ended up with a programmer from the US to help me get it to the level where it was ready. Unfortunately I suffered from a build it and they will come complex – so nothing really happened till about 8 months ago, when at a class reunion, a former class mate was looking for just this kind of software to help his seo business grow. He bought the rights and have used it ever since. This has meant that I now how some cash to get me started with a webshop and a product I have been wanting to make for some time now.
    So Spencer that is my reason for starting out saying thank you. Thank you for all your great posts, guidance on your site, and for sharing and being an inspiration.
    And of course congratulations on your 100s episode and your 5 year anniversary!
    Chris

    Spencer Haws
    April 12, 2016

    THANK YOU CHRIS! Yes, I remember well checking out your link building product. So glad to hear that you were able to get some cash out of the product. I think there is an important lesson there (that I”m sure you already know) that marketing a product is much more important that creating a product. Meaning a good idea only gets you part of the way there…the marketing/finding buyers is the bigger task.

    Alan
    April 12, 2016

    Congrats spencer.

    One question though, looking at your podcasts it only goes up to episode 85.

    Have you just not uploaded the other podcasts?

    Spencer Haws
    April 13, 2016

    All the podcasts are on itunes right here: https://itunes.apple.com/us/podcast/niche-pursuits-podcast/id522458761?mt=2 . I’ll get the others put on the website at some point…

    Madison
    April 12, 2016

    Great podcast Spencer.
    One question that I would love to here your response.

    If you could go back and talk to yourself 5 years ago, what is the one piece of advice you would give yourself?

    Love reading your blog and following the niche projects

    Keep up the work

    Spencer Haws
    April 13, 2016

    Focus more energy on creating unique products. Hope that helps!

    Mantras
    May 6, 2016

    Any new videos coming??

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