A lot of young parents are looking for a flexible work schedule so they can spend more time with their kids. Creating a business that provides your family with a good income and the flexibility to work where and when you want starts to become an ideal situation.
Now, this isn’t an overnight thing. You have to work hard, you have to hone your craft and dedicate years to grow it, but over time the hard work can pay off big.
Our guest today, Monica Louie, found out a way to create a business from home that allows her to spend more time with her two young children, husband and still make a multi-six-figure income.
Her story of family and entrepreneurial success has been featured on the Smart Passive Income podcast, Thrive Global and Forbes.
Our question of the month comes in from Wes from Virginia:
I’ve been married for 5 years and have a 2 ½-year-old daughter.
My wife and I have paid off $40,000 in debt but we still have $100,000 in student loans to go.
I want to find a side hustle to help us accelerate our debt pay off, but with my responsibilities at home, I’m looking for a work-at-home opportunity that pays $30 or more per hour to be worth my time to spend away from my family.
I’m willing to put in a little work upfront to learn some new skills and even open up a new business if needed.
I wanted to know your opinion on where I should focus my efforts. Thank you for your time and keep up the good work!
Over the 3 years on my podcast, I’ve had the pleasure of speaking with a collection of millionaire entrepreneurs, early retirees and personal finance experts. These conversations have allowed me to learn, grow and inspire others to win with their finances and create a better future for their family.
After each episode, I share a quote that motivates me and the listeners of the podcast to take action.
In 2017, I attended a conference called FinCon where I heard story after story of people who have made a full-time living through blogging. They began by choosing a topic that excited them, consistently wrote about it on their blog and eventually made an impressive income.
One presentation I attended featured a blogger who made over $6,000 per month!! It did take him a several years to get there, but with the right patience, determination and appreciation for your topic it CAN be done.
A recent Gallup poll suggests that 70% of American workers are not engaged in their jobs. They don’t like what they do, or changes within the organization have made it difficult to enjoy their days. But working is important, we need the income, we need the benefits. Most importantly, we need a purpose in life. How do we find a career we love?
I’ve invited Ken Coleman on the show today to help us figure that out. Ken is a career expert and national radio host of the Ken Coleman Show. Pulling from his own personal struggles, missed opportunities, and career successes, Ken helps people discover what they were born to do and provides practical steps to make their dream job a reality.
Do you want to reach $100,000? This could be in your salary, your small business revenue, and even your net worth.
To help us achieve these big milestones in our lives, I’ve invited Tori Dunlap to chat with us today.
Tori is a millennial money and career expert. Her career started with landing a digital marketing contract worth tens of thousands, and a full-time position as the head of marketing for a global company — all before she turned 22. On track to save $100,000 by 25, Tori founded Her First $100K to give women actionable resources to get their first six figures too.
I don’t know about you, but when I get a pay raise at work I feel incredible. I get a giant smile across my face because I feel like my hard work has finally been validated. All the extra hours, emails, phone calls, presentations and the unwavering commitment to my company’s success has (literally) paid off.
But it’s not as easy as just showing up to work one day and your boss calling you into his office to say “Hey, you! You’re getting a raise! Let’s party!” If only it were that easy, right?!
We have to work hard, put in the hours and follow the right steps.
I’ve only been working in the corporate world for 15 years so I know I still have a lot to learn. What I do know is what’s worked for me so far. Here are 7 important steps that have taken my career from 5-figures to 6-figures.
My new manager called me into his office to inform me that there would be some changes with my position. A position that I had grown to enjoy. I was proud to have built a team of 3 based on some solid sales wins that I had lead during the previous three years.
It was an honor to see the growth there really. I would win a piece of business and someone would get a full-time job. And then another and then another … It was really cool. I liked the fact that when I worked hard and earned the company money, someone got a job. That made me feel good.
So when my manager told me that I would no longer be managing those three people anymore, I was pretty devastated. Furthermore, my role of leadership on those accounts was no longer required either. I wasn’t being fired or demoted. I was being shifted.
Looking back, I understand why management made these decisions. Overall, the move has been good for the company and I’ve been able to help with growth in other areas.
But that day when I got home from work, I was pretty bummed.
Have you ever taken the time to calculate your net worth?
It’s something that most people have never done despite it being one of the most important financial numbers. It doesn’t matter how young or old you are or whether you consider yourself rich, poor or somewhere in between.
It’s fairly simple to figure out your net worth. If you haven’t done it yet, let’s walk through why it’s important and the best way to calculate it.