The 5 year plan to £50k

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TaKeN said:
What a great steaming pile of bull excrement.
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That is what all negative people with closed minds say.

That is what all my friends told me a year ago; yet they are still doing the same menial 9-5 with no promotion whilst I wake up when I want, do about 3 hours of work a day and still make more money than they do.

Why do people think if you don't work a 9-5 for someone else then you can't make anything of yourself?
 
randomshenans said:
Oh **** not 86JR talking about how awesome his empire is again.

I managed it though. Went from 17k to over 150k in about 2.5-3yrs working my way up the IT ladder strategically and then contracting in a good area of it. I hit a limit of what I can get doing this though, so now I'm working on my own things to try and make something myself. Worked my **** off though. Nights, weekends etc. just getting myself up to be good enough or learn.
Same with what I do now. Work day and night to try and make what I want work. You want it and willing to work for it, it's definitely possible.
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I am trying to show people what is possible. Not sure why I bother.

The key to the load of text in your post is highlighted.

And is the exact point I am trying to make, the key to success is either to work for your own company or at the very least work as an outside contractor.
 
The best thing a man can earn is freedom!!
Seriously, find something that you are passionate about and enables you to live the way you wan to. If you earn a good amount of money but slave away at it, what's the point?
The most valuable thing to me, is my time, so I won't be slaving away for 70-80hrs a week. Be smart and find something that enables you the best of both :)
 
I think highlighting that someone is 'full of it' whilst they lectures others on how to make money is somewhat commendable! Spreading misinformation is a worse crime than going off topic, Shirley?
 
It is not misinformation.

If you spent half as much time researching, learning and doing what I suggest than you do following me around forums, you would have an NSX now instead of your aging DC2.
 
Along the lines of my previous post,


Fox, just start saving.

You are in an awesome position to save at least 5k a year as you are.

This is the genuine first/next step of the art of money getting.


Master that and in the next couple of years of thinking/reading/questioning, you never know what might come along/pop into your life/head.

I don't mean procrastinate, I mean master the first step, first and while you beging to transform the way you think/do with money...


In even 5 years time, you are not yet 40.. will have 25k in the bank... might have had a promotion, who knows... but if you save.. even if it takes until you are 40 to have more of a clue about what you are doing... you will be able to do it.


Edit.

Also, if work is a doddle for you and you find time doing nothing. This time can be used productively for yourself.
 
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Read this.

http://www.amazon.co.uk/dp/0451205367

Then read it again.

Then realise you need to make money grow for you. In other words, invest it.

Then read my posts further up the thread.

Then in a years time quit your corporate job and have more time and money than you will ever dream of.

All I ask in return is you help others do the same.
 
86JR said:
I am trying to show people what is possible. Not sure why I bother.

The key to the load of text in your post is highlighted.

And is the exact point I am trying to make, the key to success is either to work for your own company or at the very least work as an outside contractor.
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I make in the region of that, sometimes more, sometimes less - depending on how well the company does.

I'm not a contractor, and I don't run my own business, I'm a mere corporate pawn.

It's not the usual situation, but neither is selling 20+ £10k items per month, and nor are £800+ per day contracts.
 
I think £50k is an unrealistic target.

What you need to do is set a goal of actually finding out what you want to achieve.

You could be earning £60k, doing 60+ hours a week, in something you hate - and then have no way of quitting because you've got mortgage payments to make.

I chased money when I was younger, did the whole IB thing, never again. Do something you enjoy and that you can keep your enthusiasm for, and pick the right company or business model and you're away - and the money will simply follow on afterwards. If you hate your job, you'll end up resenting the money.
 
Jambo said:
How many subscribers do you have and what market?
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3 figures, healthcare.

I could make more but I only use links for products and services that I have actual experience of.

I am not one of these people who just lob a high gravity, high paying link in with no experience of wether it is good or works, too many morals for that.

I certainly don't understand why people make the same amount of money selling cocaine that people do making comissions in some cases. The only risk I have is that it will dry up, but I think if you are open minded enough to move with the times and you have enough money to live on frugally for 6 months, and no credit, you are golden.
An example of where the 6 months comes in was recently, with getresponse getting sustained DDOS attack suddenly my list was not going out.... loss of income right there.

I have been thinking of getting a lease on a car for around £500 a month but it just feels wrong to me: Unless I have 12x monthly payments in the bank to cover it - but why leave that money in the bank for 11 months when I could use it to make more?

So I rock around in a £12k car and because it isn't a £112k car people don't believe the business works....
 
86JR said:
3 figures, healthcare.

I could make more but I only use links for products and services that I have actual experience of.

I am not one of these people who just lob a high gravity, high paying link in with no experience of wether it is good or works, too many morals for that.

I certainly don't understand why people make the same amount of money selling cocaine that people do making comissions in some cases. The only risk I have is that it will dry up, but I think if you are open minded enough to move with the times and you have enough money to live on frugally for 6 months, and no credit, you are golden.
An example of where the 6 months comes in was recently, with getresponse getting sustained DDOS attack suddenly my list was not going out.... loss of income right there.

I have been thinking of getting a lease on a car for around £500 a month but it just feels wrong to me: Unless I have 12x monthly payments in the bank to cover it - but why leave that money in the bank for 11 months when I could use it to make more?

So I rock around in a £12k car and because it isn't a £112k car people don't believe the business works....
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At the risk of also being accused of spending my time stalking your posts, because it feels like all I seem to do is question everything you say.... :p

You are referring to business models which almost everyone has seen plastered all over the internet: business models which, as far as I can see, may have earned a select few some serious money. You then come on here, mention that you're going to be a multi millionaire in 10 years, then soon afterwards say you can't afford to fill up your car, then say you're making very good money through what is, as far as my non-expert mind can decipher, effectively a simple a referral scheme.

Can you not see why a lot of people (me included) are sceptical?

I'm all for making money in new and unorthodox ways, and I'm always prepared to listen to any advice on the subject. But you're always contradicting yourself and making ridiculously outlandish statements, and that's why people don't take you seriously, not because you drive a cheap car.
 
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