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October 9, 2018

The bass-ackwards way most people think about making money

I came across this tweet, today:

“If I started a shoe brand, understand that I don’t have to be Nike or Adidas. If I profit 65 off 2,000 people every year, I’m at 130,000. And if I capture .003 percent of the market share my grandchildren would be set for life. What we were taught: 20/hr x 40hours = 800 per week. What I’m teaching: 65 product x 40 sales = 2,600.”

Funny, I found this today.

I’ve been recording a “Freelancing 101” course, which’ll cover the “big rocks” you need to get rolling as a freelancer, and I’ve been looking up a lot of statistics around freelancing vs wage work.

It’s pretty crazy.

The #1 reason people freelance?

To be their own boss/own what they’re building. Goes back to the whole “grandchildren” thing. You can’t hand a job off to your kids. But, a freelance business? Absolutely.

Another…

Globally, the average freelancers earns 39,000/year. The average wage worker makes 18,000/year. Remember this is globally. In the U.S. the average freelancer makes even more… 31/hour, in fact.

Another…

One of the top fears people have about freelancing is job security. Yet, 63% of people who actually freelance say they believe a diversified portfolio of clients is MORE secure than working for a single company.

And, that’s up 10 points from just a few years ago.

In any case, I think it’s just a mindset thing.

For me, I’m building a legacy.

Something I can give to my kids and my grandkids.

So, they NEVER have to go through what I did growing up.

But, to each their own.

Anyway, if you’re ready to dive into freelancing, my Freelancing on Upwork course will teach you how to tap into the largest freelancing platform on the planet, Upwork… and turn it into your personal oinker.

You can get access to the course for free-zy over on SkillShare.

All the deets on that here: https://skl.sh/2EhufQC

Later,

John

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