Everybody wants things right here right now, no one is willing to build himself up. The problem with expecting everything to happen right now is that even if you pull it off it’s not consistent. So you only fill in a gap today, but what about tomorrow.
It’s one of the reasons so many people take a loan, and don’t think about how they are going to pay it back. Taking a loan is like shitting in your pants, you got rid of the pressure but now you have to pay the price. So why do it? I understand that being in a tight spot sucks, but learning how to get out of it will allow you to grow. And that’s the only way you’ll stop finding yourself in a jam.
How long-term planning works
First, you need to cover your bases, that means fond a job ASAP. OK, now that your bills are paid you can expand. Don’t overwork yourself in the beginning, that comes later. Start off doing freelance work or working on a commission basis with some retailer. Just make sure it’s a high commission there’s no point in working overtime just to make what you do during the day. But now that you’re not worried about the bills you can take your time and find the right side hustle.
Find a way to scale your side hustle to a point that it covers your full-time salary. But try to keep both incomes for the time being. Keep your lifestyle the way it is, don’t run out to get the latest smartphone or computer, save up your delta (the profit you have left after paying your bills).
What are you saving for?
Now that your side hustle is bringing in as much money as your day job you can start building it up as a small business. Your point now is not just to be another salesman but to be the owner and have salesmen working for you. If it’s a product you’re selling try to find a way to acquire it yourself and make a bigger profit even after paying commissions. If it’s a service try not to be the one who gives it, find out everything you can about it and hire employees to do it for you.
The point is that you will never have to work again, and even better never have to worry about money.
I hope you found this post helpful, if so like it and share it with your friends. And while you’re at it, check out my ebook ‘level up your business’ a guide to starting your own business the right way.