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INTRO My goal: To retire early so I can pursue my passions and travel the world

FlorianR

New Contributor
Mar 16, 2021
4
2
11
Hi,

I'm 22 years old doing a business degree concentrating in entrepreneurship. I run a social media page since freshman year of college that generates me zero money but I've built an audience of about 3,000 people and counting, and just recently I've offered to sell merch and much of my audience is open to the idea. This won't generate me a lot of money right now or in the near future but it's something that is continually growing slowly with me posting content every day. I have a part time contract job working as a digital marketing assistant at an e-commerce agency for $15/hr, do Doordash for extra cash, I've freelanced for a single client for SEO for a $20/hour for 40 hours but I don't enjoy the process too much, and now I've just pivoted to deeply learn the skillset of copywriting which I plan to make a full time living freelancing since it's a lot less labor intensive and more scalable than selling SEO services. I'm going to graduate college 1/2 a year late since I switched majors 3 times (from 2 engineering degrees to business), but I will have no debt and already have $25,000 worth of stocks. It's also possible that I might manage and live in my parent's house in US and rent out a few other rooms to tenants after I graduate because my parents will be moving back to Europe and they want to rent out the house. My goal is to explode my income tied to time first, by getting advanced and charging premium fees at freelance copyrighting and then by building a sellable scalable service or package where I can divorce my income of time, then to use that money to buy income and perhaps even get into real estate down the line. Thanks MJ DeMarco for laying out the true process for becoming financially free, I've wasted thousands of dollars on stupid overpriced guru coaching/training programs where I am their business and their main goal is to suck every penny from me instead of actually helping me succeed. Ultimately I want to be worth tens of millions by the time I'm in my thirties, spend time with my family, friends, girlfriend, be healthy, and travel the world and afford a luxurious but not exorbitant lifestyle, flashy cars or gigantic mansions don't really interest me too much.
 

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TakBunc

PARKED
May 25, 2021
5
0
1
I am a freelancer too, currently, I am making 30 USD per hour and I am planning to open a small business. Most of the time I travel from country to country inside the Europe and I really enjoy traveling to Iceland and and I am always searching for visiting unique places to stay in Iceland. Now because of the lockdowns, I am in my home country. Sometimes I think I should stop traveling and start making more money or open a small business. It is so hard to think of it as I have so many things to do.
 
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FlorianR

New Contributor
Mar 16, 2021
4
2
11
I am a freelancer too, currently, I am making 30 USD per hour and I am planning to open a small business.
Nice! That’s the way to go. What are you freelancing in? Since I’ve posted I’ve been able to get a few freelance clients for copywriting and now I’ve raised my rate from $30 to $45/hr. My goal is to consistency hit 6 figures a year freelancing at about $100/hr before I open a small business. I wanna do that so my business can be self-funded
 
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