Time is your most valuable commodity

Should_be_out_gardening

I get up early - thats the key , I tell folk I have to start at 7am because I have a doctors/vets/dentist/solicitor/funeral director (take your pick) , on this or that day so I can't work . This leaves me time to get other things sorted. I'm up early to take the dog out - always have been so no need to loll about. Means I get to use the maximum daylight in the winter.

I can do a days work done by dinner time, they ask me back because they know with me it will take half the time!

uptomyeyeballs

Louise03 wrote: »

Still rather vague. Is this an idea you have just come up with and fishing for suggestions?

Of course it's vague. The only person who knows your strengths/weaknesses and capabilities is yourself. What I'm saying is try to have more than one option, use your time wisely, and diversify if possible. If you're skilled at using the net, designing websites, consulting, saving money, public speaking, writing, teaching, caring, child minding, communications, fixing things, listening, networking, cooking, diy, quilting, anything really, you can start 'multiple income streams'.

No, i'm not fishing, i'm already doing it for myself. All I'm doing is trying to encourage you to think about making your time worth more for yourself. Time is your most priceless resource.

morganedge

uptomyeyeballs wrote: »

If you're skilled at using the net, designing websites, consulting, saving money, public speaking, writing, teaching, caring, child minding, communications, fixing things, listening, networking, cooking, diy, quilting, anything really, you can start 'multiple income streams'.

That's fine, but them things take time and I think the questions are because some of the posts made it sound like you have lots of 'businesses' that run themselves whilst you sleep

Louise03

uptomyeyeballs wrote: »

Of course it's vague. The only person who knows your strengths/weaknesses and capabilities is yourself. What I'm saying is try to have more than one option, use your time wisely, and diversify if possible. If you're skilled at using the net, designing websites, consulting, saving money, public speaking, writing, teaching, caring, child minding, communications, fixing things, listening, networking, cooking, diy, quilting, anything really, you can start 'multiple income streams'.

No, i'm not fishing, i'm already doing it for myself. All I'm doing is trying to encourage you to think about making your time worth more for yourself. Time is your most priceless resource.

Ok, take cooking for example, How would this be an income stream that could work in the background or while sleeping? Lots of the above are very hands on.

uptomyeyeballs

It takes a bit of imagination, sure. The things I mentioned were just subjects off the top of my head. I'm sure I could think of more, but that's not the point. They weren't meant to be hard and fast suggestions, just a demonstration that there are many, many things that are possible if you just thought about it.

I don't want to appear rude, but I can't spoon feed you a (personal) solution, only you know what you're skilled in and can turn your hand to. I know the skills I have, and have since discovered some others I didn't know I had.

My whole suggestion comes because time is limited, therefore your earning power is also limited, unless you think differently about how you allocate your time in relation to 'work'.

PS. I earned £125 from just 3 income streams last month. I did about 3 hours work for that. This month i'll earn that again, without any extra work on those streams, plus whatever else I come up with in February. :-)

Maz

I don't know about uptomyeyeballs but I started working on my other incomes whilst I was still in a full time job. Rumours of redundancies and 'restructuring' were rife and people were worried about their incomes. I live in a rural low income economy area and jobs of any sort were very hard to find so I decided that I would take control of my own future and not leave it to chance or the foibles of a faceless corporate body. That's when Plan B started to take shape. In my spare time, I started an ironing service which I still have for a few clients and earns me around £20 per hour. I do about 4 hours on a Sunday whilst listening to the radio so that gives me around £320 per month. OK, you can't iron when you're asleep but it's a nice bit of extra! I do other bits and pieces as well but nothing too onerous - I like my leisure!

My residual income comes from a network marketing business I started, again, in my spare time and now provides the bulk of my income. Last year, I stopped doing anything at all with the network marketing business and still got paid every month, which I knew would happen anyway. In January, I received a 20% income increase from it, even though I hadn't actually done any work.

As I said, when the residual income increases to enable me to live comfortably, I'll pack in the 16 hours a week job I have at the moment.

None of my income is internet derived but there are other ways of earning money apart from a job.

I think if you're prepared to but in a bit of effort in your spare time with the right opportunity, you can make some decent money and free up some of your time to do enjoyable things.

Should_be_out_gardening

I did a weeks work for a farmer and got paid for it but whilst there I uncovered a few railway sleepers in his yard and as we were clearing the whole area he gave them to me. I used them to make a nice raised bed in garden I was doing up for someone, he paid me £20 each for them . Plus I have been keeping all soil from weeds pulled up, all compost from gardening and have made some lovely loam. I charged £20 for the soil alone . Cost me nothing but time.

Why am I worried the words MLM will pop up on this thread?

Should_be_out_gardening

Maz wrote: »

I don't know about uptomyeyeballs but I started working on my other incomes whilst I was still in a full time job. Rumours of redundancies and 'restructuring' were rife and people were worried about their incomes. I live in a rural low income economy area and jobs of any sort were very hard to find so I decided that I would take control of my own future and not leave it to chance or the foibles of a faceless corporate body. That's when Plan B started to take shape. In my spare time, I started an ironing service which I still have for a few clients and earns me around £20 per hour. I do about 4 hours on a Sunday whilst listening to the radio so that gives me around £320 per month. OK, you can't iron when you're asleep but it's a nice bit of extra! I do other bits and pieces as well but nothing too onerous - I like my leisure!

My residual income comes from a network marketing business I started, again, in my spare time and now provides the bulk of my income. Last year, I stopped doing anything at all with the network marketing business and still got paid every month, which I knew would happen anyway. In January, I received a 20% income increase from it, even though I hadn't actually done any work.

As I said, when the residual income increases to enable me to live comfortably, I'll pack in the 16 hours a week job I have at the moment.

None of my income is internet derived but there are other ways of earning money apart from a job.

I think if you're prepared to but in a bit of effort in your spare time with the right opportunity, you can make some decent money and free up some of your time to do enjoyable things.

I thought MLM would pop up

Maz

uptomyeyeballs wrote: »

It takes a bit of imagination, sure. :-)

I think it takes a shift in mindset.

From an early age, we're told that the way to be successful is to work hard at school, go to university, get a good job and that's you - sorted!

We know now that the world isn't like that, at least not for the last how many years, there's been a seismic shift in the world of income generation. Nothing is guaranteed. The Industrial Age is over and long term employment is fast becoming a nostalgic memory.

uptomyeyeballs

That's exactly right Maz. Plan B. I'm building my income streams whilst still fully employed too. Today I got a text from one of the people I did 'work' for last month, saying that he had two colleagues interested in the same as him. This will add another £40 to my MSI for Feb, so £165 next month and subsequent months. Probably another 4-5 hours work for those. :-)

None of mine are MLM :-)