The Thing To Remember

byTimFerguson

194 followers

9 years ago

I like to keep this in perspective

A normal full time job is about 38-40 hours per week or 2000 hours per year and pays $20-30 per hour as a guide ( Australia)

Simply put, you trade you time for cash. The luckier or may be the smarter you are the more your time will be worth.

Very few jobs pay a residual income once you leave them. You may have insurance or something else that will keep you going for a little while until you get better or find a new job. But once this happens you are back to trading time for cash.

So the question is how much time is your very own business worth, especially one that can pay a residual income, once it is established. Is it one year of normal work or two years? I know some people that own their own store and barely make a living and they put in way more than 2000 hours per year.

The point I am making is dont be disheartened after 3 or even 6 months of part time work if you are not earning, you need to remember you are building a long term business that will pay an income well after you can no longer trade your time for cash...

Learn, Grow and Prosper

Tim