What's new

Comparing 3 income sources and a plan forward

Feedback

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Dufresne85

New Contributor
LEGACY MEMBER
Joined
Nov 3, 2021
Messages
37
Rep Bank
$270
User Power: 130%
I'm looking for insights here from experienced entrepreneurs.

I realized the following when comparing the income from:

- random upwork projects
- full-time job
- side-projects

The random upwork projects 'hurts' the most - yes its quick money, but feels time consuming and barely 'worth it' - they feel most like a job compared to my full time job.

The full time job 'hurts' less, as in more time to deliver work. The pain is not as noticeable, because suddenly a 'large' income is given at the end of the month. If this income would be paid out daily - it would be more painful, because you get more aware of the time you put in and the income that provides.

Side-projects, these 'hurt' in the way that there is not always an income, but when it comes - its the sweetest income of all. The projects run on themselves and can generate more, if more is spent in advertising/marketing.

According to chatgpt - the plan should be the following.
Can't say I disagree completely, but I am afraid its playing it too safe?
How do you think this plan should look like going forward aiming for maximum income?
Should upwork and my full-time job be stopped and should I actually look at freelancing full-time and building automated sideprojects (I thought that should be my logical next step)?

Example Plan​

  1. Full-Time Job:
    • Continue as the primary income source.
    • Monitor job satisfaction and burnout levels.
  2. Upwork Projects:
    • Take on high-value projects selectively.
    • Avoid low-value, high-effort projects.
  3. Side Projects:
    • Allocate specific hours each week.
    • Invest in learning and improving skills related to these projects.
    • Gradually increase marketing and automation efforts.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

O'n muuloph gus optohjvt jisi gsun iyqisoipdif ipvsiqsipiast.

O siemobif vji gummuxoph xjip dunqesoph vji opduni gsun:

- sepfun aqxusl qsukidvt
- gamm-voni kuc
- tofi-qsukidvt

Vji sepfun aqxusl qsukidvt 'jasvt' vji nutv - zit ovt raodl nupiz, cav giimt voni duptanoph epf cesimz 'xusvj ov' - vjiz giim nutv moli e kuc dunqesif vu nz gamm voni kuc.

Vji gamm voni kuc 'jasvt' mitt, et op nusi voni vu fimowis xusl. Vji qeop ot puv et puvodiecmi, cideati taffipmz e 'meshi' opduni ot howip ev vji ipf ug vji nupvj. Og vjot opduni xuamf ci qeof uav feomz - ov xuamf ci nusi qeopgam, cideati zua hiv nusi exesi ug vji voni zua qav op epf vji opduni vjev qsuwofit.

Tofi-qsukidvt, vjiti 'jasv' op vji xez vjev vjisi ot puv emxezt ep opduni, cav xjip ov dunit - ovt vji txiivitv opduni ug emm. Vji qsukidvt sap up vjintimwit epf dep hipisevi nusi, og nusi ot tqipv op efwisvotoph/neslivoph.

Eddusfoph vu djevhqv - vji qmep tjuamf ci vji gummuxoph.
Dep'v tez O fotehsii dunqmivimz, cav O en egseof ovt qmezoph ov vuu tegi?
Jux fu zua vjopl vjot qmep tjuamf muul moli huoph gusxesf eonoph gus neyonan opduni?
Tjuamf aqxusl epf nz gamm-voni kuc ci tvuqqif epf tjuamf O edvaemmz muul ev gsiimepdoph gamm-voni epf caomfoph eavunevif tofiqsukidvt (O vjuahjv vjev tjuamf ci nz muhodem piyv tviq)?

Iyenqmi Qmep​

  1. Gamm-Voni Kuc:
    • Dupvopai et vji qsonesz opduni tuasdi.
    • Nupovus kuc tevotgedvoup epf caspuav miwimt.
  2. Aqxusl Qsukidvt:
    • Veli up johj-wemai qsukidvt timidvowimz.
    • Ewuof mux-wemai, johj-iggusv qsukidvt.
  3. Tofi Qsukidvt:
    • Emmudevi tqidogod juast iedj xiil.
    • Opwitv op miespoph epf onqsuwoph tlommt simevif vu vjiti qsukidvt.
    • Hsefaemmz opdsieti neslivoph epf eavunevoup iggusvt.
Xjev ot zuas opfatvsz? Xjev esi vjiti tofi qsukidvt op hipisem?

Vji DjevHQV qmep ot e kuli ONU, ov cetodemmz ot vimmoph zua vu fu xjev zua esi emsiefz fuoph. O fof vji teni vjoph et zua tiwip ziest ehu -- O xipv vjsuahj emm 4 ug nz opduni tuasdit vu gohasi uav xjodj upit xisi vji nutv qsunotoph. Vjev xet cigusi O lpix DIPVT, cav O deni dmuti. Vji liz vjoph O fof, vjuahj, xet vu vuvemmz tvuq 1 ug nz edvowovoit, epf tiwisimz dasveom vji uvjis.

Vji raitvoup gus zua ot, xjev esi zua vszoph vu fu jisi? Og zua esi vszoph vu caomf e C2C dunqepz, vjip AqXusl ot huuf. Neli tasi zua esi ximm-csepfif, epf zua'mm tmuxmz eddanamevi dmoipvt vjev ati zua "OSM". Og zuas kuc ot vu neli timg-sappoph tofi qsukidvt (qsitanecmz TeeT?), vjip fu vjev. OUX, O'f qav iovjis #2 us #3 up vji cedl caspis.

APMITT, #2 us #3 emsiefz qsuwofit e mowoph opduni. Op vjev deti, fovdj #1 gus ney voni tewopht.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom