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Down But Not Out: Job or Freelancing? (to recoup my Fastlane investments)

Anything considered a "hustle" and not necessarily a CENTS-based Fastlane

MRiabov

Bronze Contributor
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May 30, 2023
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Sup.
So, I've been trying businesses for more than year now.
Read the Millionaire Fastlane , on my way to finish Unscripted .
But too late - I'm out of monetary resources. Out of runway - I spent too much on ads that didn't bring a single sale.

Now, I will continue to try and, thanks to you I have the producer mindset.

That said, I now need to recoup some money... Elsewhere. 2 obvious choices are - to the job - I used to be a programmer) and freelance - web design/programmer.

Both seem fairly decent and have their ups and downs, but here is the extended list:

the job - as an SWE (fullstack?)
1. I learned programming last year and worked as an backend engineer.
2. About that time I read The 4 Hour Work Week... And well, the story is like described in Unscripted - I got fired - because I was a dumb kid who thought he is immune and . Almost until a couple of days ago that I've learned about the producer mindset did.
Total work duration - 4 months. May be very bad because

3. As soon as I started working on that job worked on my own software startup. I didn't make a sale there as well, but 5 months of work on my startup - maybe it'll be useful for my resume?
If yes, I plan to write a "I'm an entrepreneur"

4. I am an entrepreneur, deep inside, yet because I've recently understood the "it's all about the value you are creating" - I guess I can provide value there, while I'm figuring out how to provide value to people online.
5. Pay - legally, I can work max 20 hours per week. My last job paid me 8€/hour, and after taxes my income was ~500-550€/month.
Well, i'll have 20 hours less and a very good reason to move forward.

And now, freelance
1. Never freelanced before. My mother and father are - they are both print&web designers - been there for 2 years already, so they can help me with advice if anything.

2. Again, never freelanced before. I know I can do a good backend, but the frontend I learned for my startup and design - I've only learned them for my recent funnel designs - I thought that would help
Design course, if I got to go there, is yet to be finished.
Bottom line - not sure if I will be able to create a design that people will find appealing. That is trainable of course, but it might take a week or 2.

3. Potentially I've learned a lot of marketing recently and in my *offer* of web design I can also include advising them with funnels and traffic. I understand how funnels are to be built on paper, but I don't really understand how to build them - how to fill them in a way that converts and builds trust to audience.
4. Pay - ??? I am in eastern Europe, can I charge like Americans?
5. Will people take my offers if they know that I had less than one year of experience?
The bonus in freelance that I can build *offers*. Not just a commodity, but an offer of, for example setting up email marketing, lead magnets, helping them create their own value ladders, marketing, etc.
Current position - 300€ on bank account with minimal monthly spending ~250€. Spent on ads 10€ daily, but... Guess time to turn them off.

What should I choose?
 
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