How to escape a 9 to 5 job? If you’re wondering how to do this you’re not alone. A recent Gallop survey showed that 85% of workers are dissatisfied in their jobs. So what’s the answer? If you quit you’ve just lost your income. If you have a financial backup plan that’s all well and good, but what if you don’t?
Looking for another job is a full time job in itself, so unless you can “side-shift” and move departments in your career, it only leaves changing jobs. But another job might have the same issues so it doesn’t solve the problem.
A better long term strategy, if you can sustain your job, is to build a side income alongside your job, which can eventually replace your employment income. This is simpler than you may think through building an online business. Online business owners can earn from the internet without needing any of their own products or services. How can they do this? They use a clever business model known as affiliate marketing to sell other people’s products online.
How To Escape 9 To 5 Job: Affiliate Marketing
Is affiliate marketing the answer for you? With affiliate marketing anyone can sell products and services online using automation. This means they can set up systems to work 24 hours a day, selling products even while they sleep. While there is some initial setup and investment involved in building an online business, it can ultimately give you a passive income from sales you generate online.
This is because the sale of online services doesn’t require you to trade your time for money. In a 9 to 5 job that’s exactly what you’re doing. The job never ends because you never escape the trap of trading your time for money. A time for money trade is always going to trap you in a role. Unless you really love what you do, you’ll end up wanting out at some stage in the future. A job “swap” only delays the inevitable, even though a new job is interesting at first because of the contrast!
An online business, on the other hand, can automate sales and generate revenue which is completely hands free and not dependant on you trading your time. There is work to do, of course, but once you have built a system for generating income, the systems can work without you, making you money on autopilot.
Can’t Afford It?: Save & Invest
Despite what you earn, anyone can learn the strategies for selling products and services online to build a side income alongside their normal job. Initially you’ll need to invest time and money into building an online business but over time it can repay you many times over and give you a growing source of income. Most people pay their bills and spend what’s left of their salary. The wealthy live below their means and save what’s left. This gives them more opportunity to invest in money producing assets such as property and online businesses, for example.
To free up money you can do a few things:
- Start taking in inventory of your spending habits: you can’t change what you don’t measure
- Set up a automated payment into a savings account of a small percentage of your earnings, aim to increase this over time.
- Stop spending on things you don’t have to: luxuries and liabilities. As Robert Kiyosaki (from Rich Dad Poor Dad) puts it, liabilities reduce your cash flow, assets increase cash flow.
If your goal is to escape the 9 to 5 job, you need to plan an escape over the longer term which means both greater control of your time and greater financial certainty. An online business can give you both of these by automating your income and giving you control over your time.
Escape For Good!
To escape a job for good might take some serious commitment but it’s a better goal than simply jumping from one job to another!
If you’re ready to join the digital economy and learn how to escape the 9 to 5 you can learn more here about joining an online business community.