1. Determine your long-term plan.
What do you want?
- own your own business
- grow your 9-5 career
- retire early
This is your BIG goal.
2. Determine your mid-term plan.
Where are you right now?
How do you transition to BIG goal?
A 9-5 job is the place to start.
- It requires the least capital.
- You learn how businesses run.
- You learn people skills.
- You gain stable income.
3. Research which careers pay well.
These sites provide salary data:
-
https://t.co/nNbZG0QcxH -
https://t.co/jIXS1hVSsX -
https://t.co/qVEtELuNyL Find something you have an interest in, even though it may not be your passion.
4. Research what qualifications are needed.
You may need:
- a degree
- a certificate
- specific knowledge
- experience in that field
5. Get qualified in the least expensive way.
- YouTube
- Scholarships
- Online courses
- Entry-level job
6. Don't expect to be the boss on day 1.
You'll most likely start at the bottom.
- an intern
- a contractor
- an entry-level employee
Grow your paycheck over time:
- work hard
- keep learning
- contribute value
- create relationships
7. Start your dream on the side.
- Carve out time each day
- Fund side-hustle with 9-5 salary
- Determine what actions get you there
8. Get your finances in order.
- Keep expenses low
- Save an emergency fund
- Pay off and avoid bad debt
- Turn your paychecks into capital
- Invest in appreciating assets
9. Stay on the path.
Results don't happen overnight.
It took me years of working to gain a decent income.
It took me years of investing to gain a great return.
10. Transition to long-term plan.
- when passive income hits goal
- when business income hits goal
- when side hustle income hits goal
It's time to quit the 9-5 and live your dream.
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Check out this 4-minute video to increase the power of your paycheck.
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