Can Your Online Earnings Replace Your Day Job Salary?
"Can my online earnings replace my day job income?" This is a pinching
question to many part-time freelancers. While we have seen a growing
number of online marketers who are achieving success in their niche, to a
greater number of people, diving into the world of freelancing is too
risky.
Do I see myself working for someone in the next 10 to 20 years?
Is it my passion? Can I adjust my lifestyle so that I can launch my freelance career? What am I willing to sacrifice?
Can my online income pay my bills and can it sustain my chosen lifestyle?
Do I have enough reserve savings in case the cash flow becomes unstable?
Do I already have multiple streams of income to cover for all my expenses and leisure needs?
Another important question is "Do I see myself as a worker or as a business entity?"
There are so many factors and all are risky. But come to think of it, all our decisions in life has its own risks. While a lot of us have dived into the world of online freelancing, we've also been in the situation when we have feared the uncertain.
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