You are viewing a single comment's thread from:

RE: How To Make A Living With Your Writing!

in #life7 years ago

Yes, I totally agree with all of your point. But well, it would be very hard for many of us in Asia country. As the education system just teach us to study hard and find a good job, and that's all. It influence the parents alot. So, if you got asian friend you will find that if they want to be self-employed, they got reaction from their parents that don't do this, find a good job, have a stable income. That's quite a situation for us. But, yes, I totally agree with your point in the article.

Sort:  

No matter where you are in the world, starting with a stable income is always a good idea. Then, from that point, start a side gig, something small and that you can work to mostly automate. When you reach the point that it brings some income without too much of your attention, it's time to start another small side gig.

Keep that going for awhile, adding a new small income stream after the previous one can mostly take care of itself. Of course, some of those experiments will fail, but since they are small those failures won't set you back.

At some point either you will have one that will pick up stream and provide a large part of your income while stability will be assured by the other smaller ones, or the number of income streams will add up for some real income. When all your side gigs start earning you more money than your "stable job" it will be time to leave it behind.

This will give you what is called an antifragile lifestyle, which is basically what @kaylinart is describing. It is actually much more secure than a single stable job that can disappear at any time (because of cutbacks, closures, or simply you getting fired). With several diversified income streams no matter what happens, even if you suddenly lost a few of them, you will always have some money coming in. A good read about that is Nassim Nicolas Taleb's book ANTIFRAGILE -Things that gain from disorder.

Maybe a should write an article about all of this. What do you think?

Oh my god, man You really get what I'm think about and what my concern is. Yes, how come I have never thought about I can make it step by step. What, I can start with one small little income first and then keep adding on it. Yes, it will take time and many effort but that's exactly what we can make a strategy to step forward! Man, I do appreciate your sharing, it ignite me!

My pleasure!

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.032
BTC 87119.34
ETH 3264.22
USDT 1.00
SBD 2.93