It’s truly about creating your own success.Whether it’s phone farming, Amazon FBA (click here to read about my Amazon experience, being a youtube guru, or entrepreneurship these methods gives you the power. Wealth is out there, you just need to capture it! For myself, I love being able to earn some money all on my own without a boss paying me.
Utilizing some type of side income method will give you more freedom. Is there an extravagant trip you are saving up for? Paying off college loans? Looking to create success to further support your family? Whatever the reason, earning a supplemental can make that happen faster.
Furthermore, the economy has its ups and downs, as we all saw during the 2007-2009 Great Recession. Nothing as economically despairing is predicted to happen soon, but the job market in America is not as stable as it was. People often no longer support their family on one income, and health/medical costs and educational costs have not stopped rising. Many college alumni undergraduates cannot find the high-paying jobs they dreamed of.
All the technology we have today is at our fingertips; why not create more for yourself? Jump in and start a new side project, but with full force. There’s little money gained from “kinda trying”. When I sold Amazon FBA books I spent time researching the process and learning. If I had not spent the time and shipping costs to send in any books at all, I would not have earned any $$$. Now, it’s unwise to make poor decisions, like investing 100 hours on a blog with a topic that readers don’t want. Putting your efforts in the right place is crucial, but don’t be afraid to put all your energy in for success.
The millionaires today did not see that success by putting an average amount of effort.the real estate millionaire and professional sales trainer, Grant Cardone, author of The 10X Rule: The Only Difference Between Success and Failure, by Grant Cardone quotes, “Average is a failing plan! Average doesn’t work in any area of life. Anything that you give only average amounts of attention to will start to subside and will eventually cease to exist.” This millionaire business owner had to put in huge amounts of effort initially to see those huge returns. Also look at Paul Allen, the co-founder of Microsoft. In his biography, Idea Man, he explains the long hours and regular late nights he devoted to programming.
Some side income methods are rather passive; like phone farming or being paid to have advertisements on your phone (click here to read my article on phone billboard apps). If you choose more of a time-intensive approach; like blogging or writing e-books, the rewards can be greater. Invest in your future by working harder now, and seeing dividends later.