What can we do so we don’t depend on monthly salaries?

It’s great that you’re thinking in this way, as it’s starting to become more and more mainstream – the notion that we cannot rely on our salary income as our sole source of revenue.

Relying on our salary is akin to a business relying on a single client as their sole source of income. It’s tremendously risky and you’d say that a business like that does not hold its fate in its hands. It’s dependent on that client.

Well, if you want to stop relying on a single client you have to think what value you can provide that people would pay for. This can be a skill that’s very high in demand (such as video editing or writing sales letters) that you can sell on sites such as Fiverr.

It can also be some form of teaching where you sell your knowledge via an ebook, an online course or sell someone else’s knowledge through affiliate marketing.

You can also sell products on a website like ebay, Amazon or Etsy – you can sell your own products through your own artwork or what’s known as print on demand, or someone else’s through dropshipping.

It’s easier than ever before to make money online, but you need to be willing to consistently put time and effort, and forget about everything you might have heard about quick, easy money. There’s only one way to make quick easy money – scamming.

Hope that helps

Jon


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Published by Jon Kahn

Accountant and financial mentor based in Swansea, Wales. A contrarian who believes you should try to achieve your dreams by taking control of your life rather than reacting to them. Financial diets rarely work, so we believe in doing things differently.

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