- Mar 14th, 2008
- Marketing
- 19 Comments
Don’t Choose A Dead End Road
When you are choosing your way in life, on the financial side, you have to take a wise decision and think about the future. This is available for everything, the highschool, college, university, job or business. What do i mean by a dead end road is a point when you don’t have an expansion possibility and your monthly earnings cannot increase anymore or increase extremely slowly.
Take a look at some good decisions taken by well known business men, like Sergey Brin, Larry Page and others. If they were choosing to get a job they were probably working from 9 to 5 for a decent salary and had a monotonous life. But they risked and wanted more, so took the good decision.
Now i am talking from my own experience. Three years ago i started learning to code and design and worked as a freelancer, but i was working a lot and had no chance to increase my earnings, because the prices are quite fixed and i was paid on a hourly basis. I was probably able to increase my hourly earnings by learning more and improving my skills, but not much.
Then i said why should i build websites for others so i will get a small price while they will earn much more with them and not build them for myself. And so i started making a few websites and spending less time working as a freelancer. My earnings decreased a lot, but the potential was much higher, so i kept doing it until i stopped working as a freelancer at all.
I started to learn about SEM, Social Media, Affiliate Marketing and along with building more websites and improving the current ones, I’ve done some consulting for other companies and earned much more than i did from freelancing. Now I’m very happy and i really think I’ve finally chosen the good road.
So the point is to think about the potential of what you are doing or planning to do, set some goals and start working. It won’t be very easy in the beginning, but done right, every business should expand.
Good advice and one I think about frequently. I want to ensure what I am doing is worthwhile monetarily but also pleasing to me.
My story is so much like yours.
I have excellent reviews at freelancing site. I have earned thousands of dollars via working as a freelancer.
I have done date entry, copywriting, PHP etc jobs at freelancing sites.
After some time, I decided to quit Freelancing work and start building my own sites.
Now I have 2 sites and I make much more than I was making at freelance site
Good advice-and this is so true: “It won’t be very easy in the beginning, but done right, every business should expand.” What is that saying, effort returns whatever the effort is.
Thanks for the hints. I don’t plan on it!!
great blog, very interesting information.
I’m kind of in the same situation and that’s just what I needed to hear. I recently decided to start making my own sites. It’s a little bit intimidating because you don’t have that money flowing in right away, but there’s a chance to make a lot more if these sites are moderately successful.
Tanks for the hints!
Every body in life comes through in this kind of situation.I think one must plan well and do something else also to earn little extra.
cool article, these are interesting thoughts!
I’ve been reading and trying to get started on the internet for some time now. From everything I’ve read, you are absolutely correct about having your own business as opposed to working for someone else. Thanks for the confirmation, we sometimes need that nudge of encouragement.
When treading new ground don’t be discouraged if you stumble frequently… Some things are easier for some people to learn, but ultimately there’s no reason you can’t pick things up if you dedicate yourself to learning.
Yes, we need to start goals and start working!
“The reason most people never reach their goals is that they don’t define them, or ever seriously consider them as believable or achievable. Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them.”
by Denis Watley
Check out Terry Dean’s blog post on how to set goals at
http://www.terrydean.org/how-to-set-goals/
Financial knowledge is so crucial to learn – not only for your business but for your own personal finances. Too many people spend money unwisely; things that they don’t really use or want.
COOL !!!
This is a great page. And the contents are really that worth reading. I will add this to my own library
From everything I’ve read, you are absolutely correct about having your own business as opposed to working for someone else. I think one must plan well and do something else also to earn little extra.
Nice post
I think it is well worth it to keep broadening your abilities and learning new tasks. You have some awesome key points in this Alexandru. Like you said, you could take a dependable job, or take a few financial set backs that will turn around and bring you more income in the long run.
I totally agree with this, in the beginning it’ll be a little touch and go but give yourself time and the results will be worth it