Lets just say someone wants to run a wealth sub because they want to leave their 9-5 job. What are some ideas on action to take to get them started on their way to achieiving that goal.? Would it be dropshipping.? Writing a blog.? I need help with brainstorming some ideas to achieiving said goal .
What would your ideal role be if there were no limitations.
A role where im as passive as possible while the money keeps coming in
So please jot down 5 roles which you feel would meet the criteria you have written ?
What exactly do you mean by roles.?
Staking crypto
I think you have to find what youâre interested in. Otherwise youâre gonna be lost among a sea of everyone doing the exact same thing and trying to make money.
Dropshipping, blogging, niche marketing, etc. is all dependent on how much you can stand out. Is the motivation money or freedom?
This isnât a knock on you. But it feels like everyone nowadays tries to be an entrepreneur just drop shipping stuff from Alibaba or something like that. I donât think itâs sustainable, I think itâs getting oversaturated and you have to do more to stand out. And the less you do stand out or have a solid identity, the harder itâs going to get in the future when everyone is competing for attention.
Real passive income is the result of hard work⌠pick something youâll actually enjoy doing, because you will need to do it for a while to build up revenue streams.
Donât believe the guru hype that says if you buy X course youâll make $10k/day within a month dropshipping fidget spinning survival mugs, or whatever the latest fad is. Plus have you seen the shipping delays and other issues lately? Iâm surprised anyone is being successful dropshipping anything these days.
- Do you love art? Creating designs, images, etc? Then maybe selling print-on-demand art products is for you.
- Are you really good at a certain craft or skill? Make a course teaching others how to do it.
- Do you have huge piles of cash available? Invest in real estate⌠guessing that one isnât the most likely option.
Pick the role you want to play, and find a way to monetize it in a way that you can step out of the grind as quickly as possible. That does take time though⌠unless, as @friday mentioned, you get very lucky and hit a specific crypto coin at just the right moment.
You want money that just appears, without doing any work though? Apply for welfare, or whatever the equivalent is, wherever you are in the world.
Money is (generally) the result of putting in work, if it were so easy to make gobs of passive income online, donât you think everyone would be doing it?
I actually am investing in crypto but until the day comes when i make money off of it i need something that replaces my income. What crypto are you currently eyeing or invested in.?
I actually do have a somewhat big pile of cash to invest in real estate but i would like my money to come from something i create online and then just sells itself.
Id love to have an online business where my products help improve peoples health. Itâs just i feel this niche is already saturated so it discourages me.
My apologies for jumping to conclusions then! Youâre quite literally the first person Iâve seen asking that question who didnât want it all for free, and without doing work
The transaction can be automated, but the days of internet ventures running themselves (the âbuild it and they will comeâ mindset) is long gone. Need to really work on building up traffic.
Youâd think so, but then along comes something totally new that changes the game. Personal development is a prime example. I know people who declared that there was nothing really new since the days of Jim Rohn, but look at what SC is doing. Absolute game-changer for mindset, and even healing.
What do you want to do? What gifts have you got to share with the world that you can monetize?
Improving peopleâs health is hugely broad. Do you mean physical health? Mental health?
Within those subsets⌠diet? exercise? supplements? workout routines that help people get shredded?
Or maybe a meditation program to help people be calm, or something along those lines.
People will always have issues and need help with something, so in that regard, it canât really ever be saturated. Until we get medical nanotech that just fixes everything, that is⌠but even Ray Kurzweil thinks thatâs still a ways off.
I think starting this topic here was a decent first action to take.
It shows that youâre open minded, willing to reach out to others, motivated to communicate, and active.
Not a bad start at all.
So, what are some moreâŚ
Well, what kinds of activities do you gravitate to and find yourself doing a lot? Every activityâeven if you think itâs a 'useless leisure activityâgives clues about your patterns of consistent motivation, focus, and problem-solving.
It could be accurately said that all jobs/careers come down to 2 basic elements: 1) Some form(s) of problem-solving, and 2) Some context(s) for social engagement. (Exchange is the basis of economics.)
People who work happily are those who have found satisfying responses to those 2 points.
Within those two elements, there are 1000 ways to break things down. But it can be helpful sometimes to simplify matters, pull the camera back, and just look at those two basic questions.
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What kinds of problems do I enjoy solving or do I find myself solving even when I do not have to do so?
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What are my ideal forms, levels, and contexts for communicating and connecting? (e.g., huge party, in a quiet library or monastery, by e-mail with long periods of solitary time, with teams of people, and so on)
Hereâs another point: success is magnetic. It attracts more success.
So, once you know some things that you love to do and some contexts in which you love to do them, just start doing them. Start doing them with enjoyment. And talking, writing or communicating about them to others who care about those things.
Musicians go to jam at bars, clubs, or studios. Academics go to conferences. Business people go to expos, trade shows, and conventions.
No matter what your âthingâ is, it will have some contexts where other people who do it or who love it, go to hang out and âdo their thingâ. These days with virtual engagement, itâs even easier in some ways.
You basically want toâin a non-desperate wayâjust engage with and interact with and communicate with people who like to work with similar material and solve similar problems. As you do so, opportunities will naturally arise. Itâs natural.
Thatâs long-term advice. Over the course of carrying it out, you may move from one job to the next until you work out your own system and situation. But if youâre at a âjobâ that you know is contributing to your Vision, you wonât hate the job.
When you have an actual creative or purpose-driven focus, your job becomes your patron or your Investor rather than your boss or your Master.
Final piece of advice:
Think in terms of an entrance strategy, rather than in terms of an exit strategy. Focus more on where you want to go, than on where you want to leave. The former is a recipe for fulfillment. The latter is a recipe for confusion.
The reaon i asked you to jot down five roles/jobs that you might be interested in is, i want you to give some thought as to what might appeal to you based on your interestd and what might suit you.
I really dont see the pointing in saying âwhy not buy and sell cryptosâ âwhy not tradeâ âwhy not sell xyzâ