USA 9-5 to Thailand Freedom - 11 Insights to make it happen ...

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Summary of my 10 points: 1. If you only want to travel (say SEA) a few times per year, don't bother starting an online business. 2. The first few mont...

Дата загрузки:2021-11-23T02:05:06+0000

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Summary of my 10 points:

1. If you only want to travel (say SEA) a few times per year, don't bother starting an online business.

2. The first few months, you won't make any/little money. Start right away (agressively), or let it be.

3. Online business payoff comes after 6+ months. Then it's automated with little to no work.

4. Reward = massive freedom (time + location-independence). Downside to deal with is volatility.

5. "quick money" online doesn't work. If it does, it's short-lived and not worth your time & effort.

6. You need to go deep = all in when you get started.

7. Online business = a business = more leeway to optimize/reduce taxes.

8. No business is completely safe/stable. Keep this in mind and plan your finances accordingly.

9. Online business = unlimited growth. It's unlikely that you will 2-3x your salary in a year.

10. Know yourself. If you value stability over freedom, stay with your 9-5 job.

11. Most importantly: Don't start an online business if you are broke to begin with.

https://www.kingepic.com/business
Closes on Friday, November 26th, 12PM EST.
Category
Travel in the USA
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