I lost my job January 2006.
I lost 100% of my income the day I heard, over the phone, something to the effect of “we’re going to have to let you go.”
I felt equally bad for the other people who were getting let go from my company. We had all given more than 100% to the company. Our loyalty was with the company, which I thought could be shown by the fact we hadn’t taken a raise or bonus for about three years (even though employees from the parent company, where some of us had come from, enjoyed raises and bonuses regularly), but we kept plugging away trying to make a go of this somewhat start-up.
It was a sickening time. Alas, not to worry, I was going to land soon, I felt.
After weeks, which turns into months, I realized that “landing soon” was something other people might do – not me.
One group of people had the power to take away 100% of my income. I was left with 100% of my expenses (mortgage, 2 cars, bills, etc.).
I think one person actually influenced the group to make the decision, and one other person from the group signed off on it, which made it happen.
It really comes down to one person.
In contrast, right now there is not one single person who controls my finances.
I don’t have one single contract or client or user who can do away with 100% of my income.
Even if I weren’t actively involved in my business I would still make money right now. You can learn how I do it in my Multiple Streams of Income posts (the how is not as important as the idea that it’s actually happening).
How about you? Have you relinquished 100% of your income to someone (or something (a corporation)) else?
If you have, what can you do to change that?