how to build a secondary income which allows you to quit your full time job
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The first step in building your secondary income is to set a realistic goal and focus it on one of your utility bills. The five steps that you need to follow are....TRANSCRIPT
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How to build a secondary income which allows you to QUIT your full time job?
Here’s what I did….
I set myself a goal to start small and build my secondary income over a period of time. The objective of my goal was to initially bring in some income apart from my full time 9 to 6 job that allowed me to pay the bills.
So when I first started making money online, I decided to pay off the electricity bill. Two months later when I started making more money through freelance writing, I decided to add my phone bill to the list.
During this time, I worked for two hours on my freelance writing job. I then started to find more clients who wanted me to write for them and over a period of time I started increasing my rate and finding clients who paid better.
Within a period of 6 months, I was now able to pay the electricity bill, the phone bill, the gas bill and buy all the groceries for the entire month out of my secondary income. My 9 to 6 salary remained untouched. I realized I could build my secondary income to a level where it not only paid the bills, but soon flowed into my savings and freed me up from a regular 9 to 6 job.
I achieved this goal by doing the following
1. Set small goals initially of how much you want to make per month. Maybe make an extra $100 or $150 per month.
2. Increase these goals after a couple of months and learn new methods of how to find the highest paid writing jobs on the internet.
3. When you get excess work, share the work with other freelance writers and charge a commission for giving them work – passive income.
4. Upsell your client with value added services to bring in extra income.5. Find better paying jobs – so while you work the same number of hours you work better – you
do this by educating yourself.
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