So I’m not sure if it’s my personality, truly getting bored/disinterested or not being fully dedicated/disciplined.From my regular 9 to 5 job, I have a pretty steady flow of decent income, let’s say as of now $1K a month in disposable cash ready. I usually invest it but I feel like I’m capable of making more beyond exchanging my hours for money.Pre-pandemic and at one point I was working my ass off from the early morning to night 6 days of the week, barely having any time for my wife and child.Even though this pandemic was rough, it was a nice reset button allowing myself to work from home and spend more time with them. My income dropped, but at least I’m here at home with the family.Now since the whole thing started last year I’ve tried:Virtual wholesaling: Learned a lot about real estate: flipping, BRRRR, methods etc. did this for three months and got to the point paying VAs doing most of the calling, but nothing came out of this. Got discouraged lost $$$.Day trading/scalp/options trading: I started and made some nice bank from the initial drop but I lost all my gains afterwards. I took a course on trading, tried myself out and lost more $$$. Didn’t want to risk losing more.Children’s books: my wife and I created books for my son and we figured the public would like it but it was pretty hard to get the word out via marketing. We tried FB and Instagram ads. In a few months, we barely got a few hundred followers. We had a website up and everything. But we figured there wasn’t a market for it/not enough people to be interested to make $$$. Plus I’ve reached out to over 100 publishers.YouTube: I teach English online and have a following with my students in this city and get business through word of mouth and decided to use YT as a platform to grow my base and get more folks and perhaps make a video course in the future, but after the last videos, the viewership rates dropped and subs halted to like 200. Felt extremely discouraged.Had an idea to transform and help other teachers prepare exercises and work, talked with a co-founder of big IT company. He gave an idea to create a landing page and advertise the concept to teachers and I got like 10 folks who signed up for the newsletter for a $10 FB ad. Got motivated to take it further but after looking for developers, it seems what I needed required complex tech and I have no cash to pull that off. I didn’t even know if it would be successful.I’ve picked up a lot of skills along the way: video editing, illustration, photoshop, copywriting, web site designing, SEO, technical and fundamental analysis in the financial markets, negotiation skills, SSM, to name a few…More ideas tend to come by, and my wife is supportive 100% but I’m at that point where I ask myself when I come up with an idea:Is this the next big one? Or I’m I kidding myself and will it be another failure like the rest? Did I even push as much as I could have?And another one for you guys who are successful:How do you know the difference between letting something go (it’s not worth it, won’t work, etc.) and going all in with your bridges burned down? How do you know if it is “it” or “the one” …?TL;DR: I feel like I’m everywhere but nowhere. How do you know if you’re on the right track with whatever it is you have? see hubwealthy.com/wealthy
0 comments:
Post a Comment