If you are currently at a nine to five, and the thought of working for yourself is really scary because it feels volatile, this is for you.
One of my [Chels] biggest perspective changes over the years has been realizing that many 9-5 jobs have a HUGE false sense of security. So often the reason people get stuck in the corporate world is because of TWO things: 401k & healthcare. You feel STUCK & bound to your corporate job out of the fear that you can’t have these things without working at a corporate company.
This traditional structure is what our society was built out – and specifically in America, the healthcare/insurance system makes it tough to see that it’s TOTALLY possible for folks to acquire this on their own – without major red flags or concerns.
I want to walk through today how your 9-5 job may be giving you a false sense of security – and to help you see the other perspective & what life looks like working for yourself.
Let’s start off with a two main reasons why 9-5s have a total false sense of security, and those are recessions and company restructures. When you work a corporate position, all of your [financial] eggs are in one basket, and that basket is the one company that you work for…..
So what happens, when the ONE basket your eggs are in…decides that it doesn’t need you anymore due to budget cuts/restrictions/company changes?
All of your eggs – come crashing to the floor.
Meaning – this is not as “secure” as it’s made out to be. It’s actually freakin’ nail biting that ALL of your income is dependent on ONE entity needing your services for, forever.
Here’s the difference as a business owner – you get to decide how diverse you want your income to be. For most, this means securing a variety of clients [minimum of 4] to ensure that your income is diversified and protected.
Let’s use this 4 as an example. If you have 4 clients total….and one cancels…which that’s annoying, that means only 25$% of your current income is at stake – and you only need to REPLACE that 25% of income. [Compared to the above 100%.]
Also, with some easy math, the more clients you can take on….the more diverse your income is.
To carry on the conversation of income diversity, let’s also talk about income opportunity as a small business owner in comparison to working a corporate job.
Let’s give some quick examples on how your income can be WILDLY different online – than in a corporate position. Here are a few comparisons of what our students have done in their corporate positions – vs what they now make/charge as their own online company.
As you can tell…..when you work online – you also have the ability to TRULY make a WILDLY different amount of money – all while doing a similar job/position that you are working in corporate.
This is the BIGGEST sticking point we see people get held up on when it comes to opening their own business. The fear of the unknown with 401ks & health insurance – it stops people from moving forward.
However….if you look at the income opportunities above – this is what makes this possible. Will you have to save money for your own taxes, 401ks, and health insurance? Yes.
But will you still end up making SO MUCH MORE MONEY than you did in your corporate job – even AFTER paying for these things independently? Most often, yes. 👀
Let’s be real here. You aren’t going to snap your fingers & have 5 high paying clients overnight. However, if you know that you want to work online – and you are committed to learning – it is ABSOLUTELY possible to pave a life for yourself that you LOVE.
If you want to learn how to actually START making money online – we’d love to invite you to join us for a free pop-up class, here.