Divorce your time and income
Divorce your time and income:
1/ Work without permission:
Spend time making things for other people to figure out what you enjoy doing. If you're reading this, you don't need permission to create and share your ideas.
For me, this was designing made-up digital products for brands.
2/ Build equity:
Make your work recognizable by combining your interests with your competencies, and applying constraint.
For me, this was Visualize Value (digital design + philosophy, commerce, strategy) in simple graphic form.
3/ Build products & services:
Leverage the equity you've built to create relationships with people that want what you have.
For me, this was a set of consulting services (visualizing value for businesses) and education products (How to Visualize Value).
4/ Scale your reputation:
Continue to iterate on the front and back end of the business. Always drive value up.
For me, developing new education products creates content that can be leveraged as front-end marketing material (continuing to drive equity/reach up).
5/ Break the matrix:
Your time no longer has a linear relationship with your income.
Write a tweet, sell 10 products.
Send an email, sell 100 products.
etc.
Disclaimer:
This entire strategy depends upon you building quality products. Explore until you can.
To summarize:
Build once, sell twice.
To explore this strategy in detail, buy this:
I Help Transform Businesses with Real Consulting
3 年Jack Butcher Love this, thank you for sharing! I recently took a leap of faith and left my corporate consulting career to set up my own business. Life events made me ask WHY I was climbing the never ending ladder and I realised it was time to try something different. I'm enjoying the experience of my new world but have quickly realised that at the macro level, it's still trading time for money - just in a different wrapper. Your concept of divorcing time with money makes complete sense - there are then no physical limits to growth ... just the ongoing mental limits that we need to continuously become aware of and break! Matthew Doan thanks for pointing me in this direction! Bop Sandrino-Arndt, M.B.A you may be interested in this also following our conversation today!
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3 年My north star philosophy, Jack. No limits, all meaning ??
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3 年Most people I work with understand this. I try to help others understand the power of equity & compounding. As always, great visual Jack!