Last time, I talked about How would you make an extra $100 in a month?
This time, we will up the game and come up with ways to make an extra $1,000 a month.
Why not an extra $200 in a month? Why the jump from $100 to $1,000? That’s 10 times!! Jesus!
That’s exactly the point. To double a small amount, all you need to do is work harder, work longer hours. That’s incremental change. To achieve a 10 times result, you must break through the barrier in your mind and come up with new ways of doing things. You need a system, you need to scale, you may even need to outsource the operation.
To make 10 times more, you need to be a Producer. Here is the characteristic of a producer:
- Have multiple streams of incomes.
- Quantify your time in terms of money. Say, $30 an hours. (Your time is worth way more than this and I will show you how in a later post).
- Have a passion to create and learn new things.