It’s a popular line when many networkers are speaking to a crowd and they’re doing their best to “fire up the crowd.” They typically suggest the audience members should build their businesses to the point where they’re earning more in their ‘part-time’ business than they do at their ‘day-job’ and when that happens… the audience is told to go in and “Fire The Boss.”
Of course this fires up the audience and there is lots of applause and smiles… but is this REALLY the best thing to do?
On the face of it, well, it could solve problems for some of us but for the majority of us, we’re not really earning all that much at our current jobs and simply exceeding that in a ‘side-job’ isn’t all that big of a deal.
However, if we WERE making more in the side-job than at our full time day job… what if we took that extra money and invested it wisely? You do invest, don’t you?
YOU DON’T? Why Not? Oh, you don’t make enough in that day job to actually have anything left over to actually do any investing, much less save anything either. Hmmmm, I see…
Well, if you do have a side-job and you took what you actually clear (after expenses) and invested it, instead of firing the boss, after a few years you could actually have a sufficient nest egg either saved up or accrued so that you could politely quit your job and do what you wanted to. I see this as the MUCH smarter thing to do. Just sayin’
To build up your side-job to that point, you need contacts. I find lots of contacts through Social Media. Reach out to me on Facebook or LinkedIn.
David writes from Historic Frederick, Maryland