Socien's Blog

In an article 6 things to know before you can get rich, I stated that the education system in broken and that the salary should be avoided at all costs. Yet two months down the line, I looked for a job as a security guard. I can tell you from my experience that whatever you believe in, do not be an extremist. Be flexible in your ways of thinking, so that you can partner with those things you hate in case they become your own chance to get to the top.

Play a game of doubles.

To get rich from scratch you need to play a game of doubles. In this case, you do whatever is necessary to double your monthly or annual income without fear, hesitation or shyness. Fear or shyness are the two things that limit us to options that are not viable given the available means.

Doubling your monthly income has nothing to do with passion. You have to accept the deprivation the act of attempting to double your income will do to you. It has nothing to do with finding a secure job with a double salary. It is all about being about to generate an extra double once you are on this job. It is all about having the time to try and make your next double.

You can do anything to get rich. But put doubling your monthly or annual income above all. Whatever you do, your top intention should not be on diversifying your income sources but on doubling your income. Whenever you feel that there is one income pulling you back from getting to your next double, you quit it no matter how secure it is.

Be engaged in flexible workplans, jobs and gigs

You need flexibility to engage in any other business or hustle that gets you close to your next double. When the work hours are over the break from work should not be partial but absolute.

To shed light on partial vs absolute break from work I would give you an example of a work security guard and another as a part-time teacher. Both these jobs were my options but I chose the former because it offered an absolute break from work once the working hours were over. The absolute break from work would allow me to enter the town at 17:00 hours and sell my stock of second-hand jackets. Once home at 21:00 hours, I would filter my way to the pubs close and offer to sell barbecued meat.

Had I chosen to be a part-time teacher, marking homework late at night would have rendered the break from work partial. In addition, it would have required me to read challenging topics since my duty would have been to teach as many subjects as I possibly could.

In some cases, flexibility is only your creation. Working day shift from Monday to Saturday my  job as a security guard would have been not flexible. But I made a flexible room for an extra cash to be made.

Isolate a problem from problems

The reason most of us fail to get rich from work is we stack all our problems together and try to deal with them at once. Isolating your problems means, instead of getting worried about your rent every month you try to pay in advance. This allows you to focus on say buying photography gear to earn from Saturday moments of picnickers come next month.

When a photographer gets to a field of flowers. She may capture a closeup of a single flower. The results are just impressive. Isolate your problems.

Make good decisions

There are many things to take note of in case you are to make good decisions:

• The fear of criticism takes your power to be decisive. A decision is a consensus in self or in a group that is even harder to reach when you are scared of criticism.
• Chasing after high quality success is full of delays and rewards. So before you make your decision weigh the kind of success you will get at the end and how vital your failures will be along the way.
• You will not aways be good at making decisions. Following up a blunder with the positive action will turn a bad decision into a good one.

Know the complexities of your problems

Know the complexities of the category you are dealing with. If you are to buy photography gear to capture Saturday moments it means you know that you are free every week on the day to go to the scene and get paid by picnickers. But then Smartphone photography is on the rise. How to appeal to your potential market to buy your services?

If your potential market can’t buy your services you also need to know how to find an alternative market. For example a photographer can earn from close-up of insects, photographs of his city and so forth through distributors like Shutterstock. Short videos are also generating revenues as Reels, shorts and TikTok videos.

Extract information before you do it

You don’t have to start doing an extra gig you are not so sure will make money or learn something through it. I have found that after buying an item from someone who is selling the same thing I wish to hoard and start selling, I can have my chance to ask some questions and get answers. People release information when they are at their happiest. A seller is at his happiest with me just at the moment when I buy from him.

Or you can alternatively start with a small stock that can’t hurt the bank as a lab rat. An amateur part-time l photographer may start with a cheaper second-hand camera before buying an expensive mirrorless camera.

Some information is on you. You need, for example, to know how much are you earning and in what manner. Thus, it is important to write your earnings and expenses down. You don’t have to wait until you get a job to have this kind of information. Even when you are receiving minimum donations, you are considered to be earning.

Use your advantages and endowments

If you have no transport costs to your work, just avoid providing yourself with alternative transport. Endowments may not be resources, but your abilities like being able to navigate the town with offline maps in a country where a most smartphone owners use theirs for social media only. This can be helpful in case you wish to be a property agent who must view houses across the city.

A camera can be meaningful if you intend to use it for many other things apart from a Saturday and a picnic and a willing market on that picnic. Endowments in my case can now turn that camera into a tool my blog needs, and so forth. Creating short video speeches can generate traffic to the blog.

Avoid people and environments that makes you spend more

It can be cheaper to combine forces with someone and rent the same apartment. But if this means spending double on food that you can do on your own you are at risk. Some pals may not ask you to spend money on food beer, entertainment and so forth. But you may feel compelled to spend especially if they had paid for the same items for you all in the past. This group spending can increase the distance between you and your next double.

Stay out of peer pressure. You have nothing to prove but you have a future to make. Avoiding group spending is a way of saving functionally.

Invest on relevant information

I hate it when a farmer knows all the transfers in the sports club history and not how farm commodities are selling. We are inclined to know all the hit series and the trending content but nothing much on business we/wish to do. The result is we have skills we can’t sell. Thus to sell the services of our skills we require employers who pay us so little and all the same without doubling our income.

In this fast-changing world, what you know about a certain product today may not be true and relevant tomorrow. Or what you know about place A may not be true and relevant to place B.

Study your market. If your market is buying in the dying hours of the day straight to 9 PM, know how to sell to it throughout the day. It may not be about the time but the product. So in some cases, it is vital to find a product that can sell during low sales hours.