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What Your Guidance Counselor, Career Counselor, and Own Mother Probably Never Told You...
The alarm clock jars you awake at some insanely early hour. As you hit the snooze button you think, "there's gotta be a better way to make a living." As someone who rolled out of bed this morning at 8:30, I'm here to deliver the good news: there is. A lot of people dream of escaping "Dilbert's world" and being their own boss. Perhaps the biggest reason these dreams get derailed is money. Or, more accurately, faulty thinking about what it means to "make a living." I'm no exception. For a long time I thought before I could take the leap to self-employment, I had to first figure out a venture that would generate the same amount of income as I was then earning. Develop Multiple Profit CentersNot so, says Barbara Winter, self-bosser and author of Making a Living Without a Job Winter is an enthusiastic advocate of what she calls "multiple profit centers." Instead of thinking in terms of a single income, i.e. a "job," Winter recommends aspiring entrepreneurs develop several income sources. Outdoor enthusiast and neighbor Bob Sadowski is living proof that you can have your cake and eat it too. Bob lives on 80 acres in rural Plainfield, MA where he's parlayed his life passions into his livelihood. When not running New England Bob's Snowmobile Tours of Quebec snowmobiling tours throughout Quebec (one covers nearly 1,100 miles) this vintage car enthusiast specializes in buying and selling antique car and truck parts out of his barn. Today my income comes from five sources: Keep Your Day JobMaybe you aren't interested in quitting your job but you like the idea of not having all your eggs in one basket. When traveling to San Francisco, I stay in an apartment in a lovely hilltop home in the Ashbury Heights section of the city. The owner is a Bay area native who, in addition to teaching reading to grade schoolers (which she absolutely loves), has set up several additional sources of income. For one, she rents the in-law apartment to tourists through the local B&B association on per night basis earning considerably more than she would with a year-round tenant. For weekend and summer time income, she parlayed her knowledge and love of the city into a personal tour guide business with a steady stream of customers right in her own home. She even takes in a few extra bucks renting videos to her overnight guests. Maybe you don't really like your job but can't afford to just up and quit. Say your long-range goal is to make $50,000. You don't need to be a math whiz to know there are different ways you can slice and dice this. For simplicity sake, though, let's say you decide to set up five income streams, each generating $10,000. Since you'll be building your multiple income streams while you're still gainfully employed, starting two side businesses simultaneously is probably about your max time-wise. What you now have is a monthly goal for each business of just over $800. That's $200 a week. If making $20,000 a year seemed daunting, Winter says, psychologically earning $200 is more feasible: "Knowing what your financial goal is makes it easier to determine what action you'll need to take to accomplish it." So what are you waiting for? It's your life! "Off the beaten career path" consultant, Valerie Young, abandoned her corporate cubicle to become the Dreamer in Residence at http://www.ChangingCourse.com, offering free resources to help you discover your life mission and live it. Her career change tips have been cited The Wall Street Journal, USA Today Weekend, Redbook, Entrepreneur's Business Start Ups, and on-line at MSN, CareerBuilder, and iVillage.com. An expert on the Impostor Syndrome, she's presented her How to Feel as Bright and Capable as Everyone Seems to Think You Are program to thousands of people.
MORE RESOURCES: McKesson Careers | The future of health starts with you. McKesson Careers Careers homepage Continental AG Corporate Lowe's Careers How to use AI to get a job interview and nail it – along with the salary you deserve | Job hunting The Guardian Careers City of Phoenix (.gov) Working for ICE ice.gov Careers University of Northern Colorado Careers at FEMA FEMA.gov Job Loss Is a Kind of Grief The Atlantic Careers City of Ontario, California (.gov) Careers at Prairie View A&M University PVAMU Home Careers | Home USDA (.gov) I landed job offers at Meta, Microsoft, and Google, thanks to this LinkedIn hack anyone can use Fortune Jobs Multnomah County Technology Lowe's Careers Careers and Jobs at CRS Catholic Relief Services Careers - MDOT Maryland.gov Work at Fairfield Fairfield University Careers Baxter Careers Johnson & Johnson Store Hourly Job Areas Target Employment Opportunities | Game Commission Commonwealth of Pennsylvania (.gov) Careers at USCIS USCIS (.gov) Careers at TWU Texas Woman's University Jobs and Training at FDA fda.gov Amazon CEO Andy Jassy shares his top tips for a successful career: ‘Don’t be afraid to fail’ AboutAmazon.com Work at Butler Butler University Job Search Results UnitedHealth Group Careers Careers at Broward Health Broward Health EPA employees rally in Denver against President Trump’s job and funding cuts Colorado Public Radio Career Opportunities Gilead Sciences Career Opportunities UMHB Welcome to People Operations Taylor University Jobs Report NFIB IOM career gateways International Organization for Migration Careers at University of Missouri Health Care | University of Missouri Health Care jobs University of Missouri Health Care Careers Washington State University Careers BASF Jobs at Liberty University Liberty University Student internships at J&J Johnson & Johnson Careers HIRING PROCESS dia.mil Healthcare Jobs at Novant Health | Novant Health Novant Health Why hasn’t AI taken your job yet? Financial Times Careers | Human Resources Seattle University Future of Jobs Report 2025: The jobs of the future – and the skills you need to get them The World Economic Forum Work for the City of St. Louis City of St. Louis, MO (.gov) Hiring and interview process | How we hire Johnson & Johnson Careers Certified Direct Care Professional (CDCP) Wisconsin Department of Health Services (.gov) Ready for your next great job? ADP Careers Careers WV Department of Education Our Hiring Process Target Careers The Ocean Cleanup Job Seekers Illinois Human Resources UF Health Careers UF Health Careers Careers CrowdStrike DOGE Terminated Me After I Moved Away From My Family for a VA Job Business Insider Careers at Union Union College KPMG Careers KPMG Jobs for Veterans and transitioning military VA Careers (.gov) As Layoffs Continue, Federal Workers Face Sluggish Job Market The New York Times Careers Euromonitor Interview Guide and Tips Target Job Opportunities Bellevue School District Current opportunities Turner & Townsend RESTORING ACCOUNTABILITY TO POLICY-INFLUENCING POSITIONS WITHIN THE FEDERAL WORKFORCE The White House (.gov) Job application FAQs Newfoundland and Labrador Health Services Surging job market could prove costly for households, businesses as odds of quick rate cuts fade AP News 3. Skills outlook - The Future of Jobs Report 2025 The World Economic Forum WORK AT LVMH LVMH Careers at Jacobs Jacobs Internship Opportunities | BCG Boston Consulting Group Work with us JPMorganChase Careers at Sinai Health Sinai Health 33 Jobs That Require Little or No Experience in 2025 Money Crashers |
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