Comment

2019 Theme of the Year: Income Streams

January 1st, 2019

If you’ve followed my blog for the last few weeks you know I recently lost my dream job.

You also know that when I was told “your last day will be November 30th,” I was sad… really sad. But I was also thinking about my other income streams.

13 years ago, when I got laid off and catapulted towards a new career direction, I had no other income streams. A small committee at the company I worked at voted to lay me off. No big deal, just a business decision. But they took away 100% of my income. I vowed to not allow any one person to take away 100% of my income ever again.

My plan became to create JibberJobber, and hope to earn $100 a month. That’s not much money, but at least “they” wouldn’t be able to take away 100%, right?

And so there I was, sitting across the table from my boss, getting laid off. Weeks before Thanksgiving. Shortly before Christmas. Happy holidays to me!  But, I had accomplished what I had set out to do. This person, who left that meeting with her title and salary and benefits and ownership intact, could not, did not, take 100% of my income away. And for that I was deeply grateful that all the work I’d put in these almost-thirteen years paid off.

What I’ve been thinking about all weekend is that I want YOU to be as empowered as I was. I want YOU to be as prepared as I was. I want YOU to have multiple income streams. I don’t know what is right for YOU, and I warn you that it might take thirteen (or more) years for YOU to create even one decent income stream (which might come after a number of failed attempts).

Maybe you’ve heard this one: Q: “When is the best time to plant a tree in my yard?” A: “20 years ago. The second best time is NOW.”

Let’s shift that to income streams: Q:  “When is the best time to create another income stream?” A: “20 years ago. The second best time is NOW.”

How does a job fit into this?

I want you to get to the point where, instead of saying “I got a new job!” you say “I got a new income stream!

Yes, jobs are (can be) great. Yes, most everyone should have a job. But I want you to get to a point in your career where you see your job as an income stream.

Income streams are power. I want you to have that power. And that is why “income streams” is 2019’s theme of the year.

Leave a Comment »

Leave a Reply

.