Ever wondered what it would be like to not work a standard 9-5 job?
Ever wondered what it means to be an Internet Entrepreneur?
Ever wondered what it’s like to have a Digital Business and what perks there are with an Online Career?
You would be surprised to know how many people are unaware of how impressively big the Digital Business Sector is today, how it expanded exponentially during the last 5-10 years, and how its growing curve is, still today, pointing upwards as never before.
Blogging, Affiliate Business, Influencing, E-Commerce, Digital Branding, Online Marketing, Virtual Consulting, Freelancing and remote jobs in general, are just a fraction of what the Online Business world has to offer in terms of income sources.
And that’s just the tip of an iceberg that is slowly emerging.
But the largest part of it is still under the surface and will be up for grabs in the next decade.
The challenge now is getting ready for it, if you don’t want to miss out.
And by getting ready I mean learning the basic skills needed to be part of the game.
The traditional 9-5 job: pros and cons
If you are someone who reads blogs and articles about “9-5 jobs” vs “running your own business”, like I do, you’ve probably stumbled upon a vast amount of authors who categorically refuse the idea of a “traditional” employment and glorify the “own business” concept.
Here’s my personal idea.
If working for someone else makes you fulfilled, then why quitting?
I love my 9-5 job. It gives me the chance to work with something I’m passionate about, surrounded by competent colleagues in a friendly and relaxed environment.
No need to mention the regular pay-check I receive at the end of the month as well as the many perks like an insurance, a laptop, a cellphone, a company car, free coffee…
I also love the fact that I can really check out when I leave the office. I can forget about work, when I’m not at work.
But I’m aware that I’m probably privileged. It’s not always been like that with previous jobs I’ve had.
On the other hand, relying on a single source of income is not only risky, but frankly quite stupid. Especially if you have a family to sustain.
Layoffs can become a reality in any Company, and they often strike unannounced, no matter how good you are at what you do and how brilliantly you deliver results.
Plus, in most cases, your career as employee, is sadly static. Unless you climb the ladder, your salary won’t grow more than 2-5% a year, best case! Quite depressing, isn’t it?
Self-employed Online Entrepreneur: pros and cons
The ideal scenario: complement a daily job that you like, with a self-employed job that you love!
And that’s my case.
What I appreciate the most with working as an Online Entrepreneur, is that the potential income is proportional to the effort I put into it. The more and the better I work, the more I can make.
It’s both about quality and quantity.
Moreover, working online gives you the flexibility to work from the comfort of your home or from anywhere in the world you choose to be. As long as you have a laptop and an internet connection.
Flexible working hours. No commuting. No traffic. No stress.
People call it “Laptop Lifestyle”, “Digital Nomads Life”, “Geographical Freedom”, “Location Independence”. Different names to the same concept.
In fact I’m writing this very article sitting on a sunny terrace with a stunning ocean view, from the beautiful island of Lanzarote, in the Canary Islands, Spain.
But all that glitters is not gold.
As an aspiring online entrepreneur, It can look challenging and overwhelming to make such a big shift, especially if you come from years in the Corporate world.
For starter, you must understand what it means to be an Online Entrepreneur, and what it implies to run a Business Online.
You need to learn the skills and the strategies. It’s a time-demanding process, even more so at the beginning when you don’t know where to start from.
Therefore it is highly recommended to learn from a successful entrepreneur who can help you to reach your goals faster, avoid mistakes, and save you a lot of time and resources.
But, if millions of people can do it, with little time, skills, and money, it should be possible for anybody.
There’s another aspect to take into consideration and that most people tend to ignore.
While working with an Online Business you learn how to sell.
That’s a skill you’ll never forget and that you can apply to any kind of business you wish to commence.
That’s not something you’ll learn at your office job. Well, unless you work in Sales of course… 🙂
So, ask yourself these questions:
- What happens if you get fired tomorrow?
- How easily would you find another job or source of income?
- How long can you afford to carry on without a salary?
Here’s what I think.
If you’re a highly qualified specialist in your profession, Companies will probably come knocking at your door offering you a job before you even start looking for one.
In all other cases, chances are you’ll spend weeks, or even months, searching the internet for job openings, sending your CV to tens of Companies, waiting for replies that never come.
Time will pass. You’ll start loosing self confidence. You’ll start draining your savings. You’ll start loosing friends. Your health, both mental and physical, will inevitably be affected.
Why do so many people still live this model then? Why keeping all your eggs in the same basket?
Whenever we make a money investment we’re always told to differentiate it, so if something goes wrong we have a back-up.
Why don’t we do the same thing with our income sources? How is it any different from investing money?
The concept is straightforward and indisputable. The more you spread the risk, the safer your economy will be.
And yet, an overwhelming majority of people believes that the traditional way of earning money – the 9-5 rat-race – is the only sustainable solution.
I think we can agree that a single income stream (whatever it might be) is all but sustainable.
What You Should Know Before Starting A Digital Business
Before you make any decisions, it is vital to know what is it you want to achieve.
For some it’s all about money.
For others it’s about having more free time.
Whatever your goal is, make it clear for yourself from the beginning, and quantify it specifically.
If you want more money, how much money are we talking about? Extra $100/week, $1000, $10000?
If you want to work less, how many hours do you want to work? 30 hours/week? 20? 10?
Pick a strategy
There are many ways to achieve Financial Independence and Time Freedom by working online.
You cannot take them all. Not from the beginning anyway.
You’ll have to choose your path. Affiliate Business, Digital Marketing, Social Media, E-Commerce, Online Trading.
Start with one and choose your platform: your own website, a blog, Facebook, Instagram, Amazon.
If you haven’t made up your mind yet, I strongly recommend this series of free workshops, where you’ll get an idea of how to start your own online business from scratch, even if you have no experience or previous knowledge.
Always aim for a passive income
Whatever path you’ll decide to take, and whatever strategy you’ll choose to utilize, your ambition should always be to generate a passive income.
Having a passive income stream means earning money while not actively working.
A Digital Business can be set up with modern automation software that runs all major time-demanding tasks on autopilot.
You can automate online marketing campaigns, email correspondence with your customers, web-shops payments and much more.
What can’t be automated can often be outsourced. In many cases, outsourcing tasks can be much cheaper than you’d think.
For instance, if you run a blog you need to produce content (posts, articles etc.) on a daily basis.
It takes time to write good content. A lot of time!
Did you know this is something you can easily outsource for as little as $5?
You can order and purchase a text according to your needs (subject, words count, keywords etc.) from many web-based companies that offer this service.
You don’t outsource because you are lazy, you outsource for two main reasons:
- There are people who can do some things better, faster and cheaper than you. Your time might be better invested in doing something else that can’t be outsourced.
- Spending time on tasks you don’t like is not a good idea. It will drain your energy, and the results will probably be poor.
A Business that runs on automation and with the help of outsourced tasks, will produce a passive income, the first step towards a lifestyle of time-freedom and financial-independence.
And since the Business is online-based, it means you can run it from anywhere you want to be, without being tied to one specific location. Which is something you normally don’t have in a traditional 9-5 office job, where you sit at your very same desk day in and day out.
Even though it takes some effort at the beginning, it can become very profitable to work online from home.
A Digital Businesses can be trimmed to create passive income streams. That will give you the chance to release more time to do the things you truly are passionate about, and to be with the people you want to spend your life with.
Remember a couple of things:
- Society doesn’t generally promote the online business model. Be prepared for that, and expect skepticism and reluctancy from the people around you at the beginning of your journey. Our human brain is programmed to be conservative and “protect” you from going on unexplored ventures. Be supportive of your own cause.
- Your first business will probably require some kind of investment in terms of time and money. It takes time to learn new skills. It takes time to build a website. It takes time and money to market products. Either if you want to invest money or not, in both cases always focus on learning the skills first. It’s through those skills you’ll know how to invest your resources (time and money) in the most effective way.
If all this makes sense to you, but you still don’t know where to start, the easiest and most logic way is by learning some basics.
For me, it all started when I watched a series of three video workshops where I learned how to build an Online Business starting from scratch.
If you want to receive the same videos right away, sign-up using the link below. Watch them carefully, and thank me later!