Honestly, I’m not entirely sure what to say to people who ask me how they can quit their job and make a living from home. It’s a loaded question: the answer I often give them isn’t always what they want to hear.
The question about working from home is really tied to the goal of working less and earning more money. The idea of most people is to stop working and start earning. Unfortunately, I usually focus on keeping your day job while you start earning and creating your passive income.
It is possible to earn income while keeping your day job, the challenge is to stay focused on one action at a time and be consistent before you start moving on to a totally different path of making money.
If you work to understand and apply what the experts are currently teaching, you will see that it is often a life-changing event that requires a new way of thinking. Even if you don’t achieve the ideological goal of earning $1 million a year, you can create a lifestyle where you feel quite comfortable earning $5,000 a month. Let me put it another way, 95% of the world’s population would consider earning $5,000 a month in passive income while being rich.
As you start down this path of learning how to create a new way to earn income, you will be faced with many distractions and general negatives in your life (both professional and personal) that will turn you off and you will live a better and more fulfilling life.
Whenever I meet an entrepreneur, they always seem to be convinced that the only way to make money in business is to hit a home run, open a store or a giant corporation, hire staff, etc. That way of thinking is archaic and does not fit the new future thinking of the new wave of entrepreneurs emerging in today’s market.
The Holy Gail is kind of a new way of thinking, the valuable treasure that has been presented to us in terms of using its resources and taking advantage of them. If you currently have a job, consider yourself lucky. Use this to your advantage to build your income empire. When I first started on my income path, I felt like I had just been given access to an extremely valuable treasure.
I wasn’t sure if I should spread the word right away or just take the advice and start working on myself. I did both, but of course people get annoyed when you try to evangelize “how to create passive income while keeping your day job.” Sometimes people really don’t want to bother or don’t believe you. Sometimes I think they don’t want you to be successful, as this would be a reminder of how they themselves are not succeeding.
There is also a problem with the phrase “self-help”. Every time we read nonfiction, isn’t it all technically self-help? What is the purpose of us reading a book? We’re all there to learn something, and unless it’s a fiction book that’s just for enjoyment, usually even reading a biography of Benjamin Franklin, you’re looking for some kind of insight and wisdom from someone who’s done something great. From this perspective, Aristotle, Plato, and Seneca are all self-help. Sure, there’s a lot of fluffy self-help out there where people are just trying to sell their products. But it’s important to note that the category extends far beyond what most people think.
Many of the things I started to get interested in a few years ago, for example, taking supplements to increase my focus at work, be more productive, learn a new skill, or create a plan to do a side business.
Now, can anyone really make a living online? If you think the answer is no, then you don’t know much about the Internet. Let’s take a simple example, writing an e-book. The economies of scale in an ebook are amazing, because you only have to write it once. From there, you can literally earn royalties on a daily basis while you sleep. There are millions of ways to generate passive income, and once set up correctly, you may only need to work an hour, five hours, or 10 hours… or no hours a week.