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Jumping from a Slowlane to Fastlane mentality has been hard for me. Why? Because I haven't had an FTE and probably never will.
I live a very comfortable life. I live rent free with my parents and I spend about $200/MTh contributing to utilities, food, and supplies. Not bad considering I live 90 minutes from the beach in California. Even with my low income of $2000 a month, I still manage to save $900. I'm not hurting.
I've thought about manufacturing an FTE by doing vanlife or living in a canvas tent on my land but instead I think mentally ill do better if I shift my focus from Fastlane to being a top 20% earner in America.
In 2018 to be a top 20% earner you had to make $125,322+ household income. This differs based on city too.
San Francisco, CA: $250,000+
Seattle, WA: $172,235
Detroit, MI: $65,603
Tuscan AZ : $84,058
More information/cities on this website
So basically making $10,443.50 a month would allow me to live a comfortable lifestyle. It's not FU money but it is 5x what I'm making now.
Every time I think about a 7 figure exit I self sabotage. I subconsciously don't have the belief that I deserve $100,000/MTh (I know I can make it).
To combat this, I'm making $10,000 my new goal. It's actually what my parents make so it doesn't feel impossible.
Once I hit the $10,000 goal I'll probably go after Fastlane. I do want to own a ton of land and a private airplane, etc. But I'll face those limiting beliefs when the time comes.
In March 2020 I made a finance how-to-guide, added some affiliate links, and shared it in some of the groups I was in. Without doing anything else since then, I have made $7,384. I tell myself it shouldn't be this easy. Making money is supposed to be hard.
As a result of not feeling like I'm worth it and not doing anything to update/market the guide the income is beginning to fizzle out. Last month I made $178.46 from it.
My goal is to get my affiliate income to $10,000 a month in the next year. My best month was May 2021 when I made $1,242.71 so I've already proven to myself I can make enough to cover my bills.
I intend to do this by creating a solopreneur content creation business and add affiliate links to my content.
1) Answering Quora posts: This is an experiment. I've answered 85 questions since July 26th and have gotten 7,500 views. Lots of clicks on my website/links but no sales yet.
2) Blogging: Many of my Quora responses can be turned into blog posts. Using Jarvis I was able to write 11,479 words on Sunday and it took me 4 hours and 39 minutes.
3) Guides/Mini-eBooks: Similar to my 1st guide, I want to create step-by-step guides and add affiliate links to them. I'll probably do a mixture between free, $0.99 Kindle books, and maybe $10-20 guides on Twitter. If I do the Twitter guides it'll be because I want to have affiliates selling for me. I'll experiment with the price if/when the time comes.
The most I've made from one lead is $1,153.77 so getting them into the funnel is the important part.
Eventually once I gain traction I'll do the following:
4) Niche Websites: I want to create multiple websites in multiple niches to decrease my chances of depending on one company for too much income.
5) Video Content: Create explainer/animation videos and upload on YouTube and Instagram
6) Grow an audience on Pinterest, Medium, any other social media platform-diversity is key
7) Paid Ads: once I have money coming in consistently and have maxed out my organic traffic/SEO
I believe once I nail down my processes and procedures, It'll make scaling easier. Website templates can be duplicated so I'm not starting from scratch each time.
My biggest hurdle will be mindset/mental. I have the plan and know what I need to do but actually doing it is the hard part. I lack discipline, confidence, and self-esteem. I'm making this thread so I have accountability and stick with it.
I'll update this once a month.
I live a very comfortable life. I live rent free with my parents and I spend about $200/MTh contributing to utilities, food, and supplies. Not bad considering I live 90 minutes from the beach in California. Even with my low income of $2000 a month, I still manage to save $900. I'm not hurting.
I've thought about manufacturing an FTE by doing vanlife or living in a canvas tent on my land but instead I think mentally ill do better if I shift my focus from Fastlane to being a top 20% earner in America.
In 2018 to be a top 20% earner you had to make $125,322+ household income. This differs based on city too.
San Francisco, CA: $250,000+
Seattle, WA: $172,235
Detroit, MI: $65,603
Tuscan AZ : $84,058
More information/cities on this website
So basically making $10,443.50 a month would allow me to live a comfortable lifestyle. It's not FU money but it is 5x what I'm making now.
Every time I think about a 7 figure exit I self sabotage. I subconsciously don't have the belief that I deserve $100,000/MTh (I know I can make it).
To combat this, I'm making $10,000 my new goal. It's actually what my parents make so it doesn't feel impossible.
Once I hit the $10,000 goal I'll probably go after Fastlane. I do want to own a ton of land and a private airplane, etc. But I'll face those limiting beliefs when the time comes.
In March 2020 I made a finance how-to-guide, added some affiliate links, and shared it in some of the groups I was in. Without doing anything else since then, I have made $7,384. I tell myself it shouldn't be this easy. Making money is supposed to be hard.
As a result of not feeling like I'm worth it and not doing anything to update/market the guide the income is beginning to fizzle out. Last month I made $178.46 from it.
My goal is to get my affiliate income to $10,000 a month in the next year. My best month was May 2021 when I made $1,242.71 so I've already proven to myself I can make enough to cover my bills.
I intend to do this by creating a solopreneur content creation business and add affiliate links to my content.
1) Answering Quora posts: This is an experiment. I've answered 85 questions since July 26th and have gotten 7,500 views. Lots of clicks on my website/links but no sales yet.
2) Blogging: Many of my Quora responses can be turned into blog posts. Using Jarvis I was able to write 11,479 words on Sunday and it took me 4 hours and 39 minutes.
3) Guides/Mini-eBooks: Similar to my 1st guide, I want to create step-by-step guides and add affiliate links to them. I'll probably do a mixture between free, $0.99 Kindle books, and maybe $10-20 guides on Twitter. If I do the Twitter guides it'll be because I want to have affiliates selling for me. I'll experiment with the price if/when the time comes.
The most I've made from one lead is $1,153.77 so getting them into the funnel is the important part.
Eventually once I gain traction I'll do the following:
4) Niche Websites: I want to create multiple websites in multiple niches to decrease my chances of depending on one company for too much income.
5) Video Content: Create explainer/animation videos and upload on YouTube and Instagram
6) Grow an audience on Pinterest, Medium, any other social media platform-diversity is key
7) Paid Ads: once I have money coming in consistently and have maxed out my organic traffic/SEO
I believe once I nail down my processes and procedures, It'll make scaling easier. Website templates can be duplicated so I'm not starting from scratch each time.
My biggest hurdle will be mindset/mental. I have the plan and know what I need to do but actually doing it is the hard part. I lack discipline, confidence, and self-esteem. I'm making this thread so I have accountability and stick with it.
I'll update this once a month.
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