Stress Free Finance

Recently my product development business started earning enough money for me to be able to devote my full attention to it. I’ve been working towards this for a while now, but here’s how I got to this point, how I eliminated the fear and how you can too.

1. Low expense lifestyle. My family has moved and managed to reduce our expenses and rent to zero. Insurance, groceries and petrol are now our biggest expenses. Try to tackle the expenses with a once off downside in exchange for an ongoing upside. Avoid cutting expense where they require the opposite.

2. Skill Learning Time. I didn’t know everything I needed to know about building an online business, so I gave myself a few hours each day in the lead up to going out on my own. I cut out TV and sleeping in to give me this time without sacrificing work, exercise and family time. Those couple of hours a day were the difference between confidently venturing forth and being scared of the future.

3. Have a backup. I put in a simple backup plan in place in case everything goes horribly wrong. I plan to go back to my former employers and ask to sign onto a contract for 3-6 months. I am able to earn enough to cover my yearly expenses in that short period and then I would go back out on my own. I made sure I didn’t burn any bridges and I did quality work until the very end, just to make sure I’m welcome back. The backup plan gave me the confidence to strike out on my own knowing I could always take care of my family.

Those 3 things are simple to say, but can be hard emotionally to do. Addiction to TV or attachment to a high cost area may cause a lot of frustration for those so afflicted. But if going out on your own is your number 1 priority, those 3 items will speed along to the day when you can hang out your own shingle.

“The PayPal Kunaki Integration Software will allow you to set your entire sales, production and fulfillment process on full autopilot.” -Steven Lohrenz. Here is the URL: Automated DVD Delivery With PayPal

- Steven Lohrenz