I’m tired of working hard to make someone else’s dream come true

1. Should I ramp up my business or get another job?
2. This seems like a simple way to make some cash.
3. I’m unhappy with my boss and tired of working hard to make someone else’s dreams come true.
4. How does playing it too safe limit my success?

“You can’t depend on your eyes when your imagination is out of focus.” Mark Twain 

Show Notes:

Episode – 09-23-16

Title: N/A

Subtitle: N/A

Summary:

In this week’s episode, Dan fields a flurry of questions from the 48 Days community centered on the theme of employment—pivoting careers, taking part-time gigs full-time, and making money from old Baffle Ball Machines. Dan also finds time to revisit one of his favorite stories from the “dealership days” way back out in Anaheim, CA.

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Time Stamped Show Notes:

• 00:30 – Preview of Today’s theme: Hey! I’m tired of working hard to make somebody else’s dream come true!
  • Should I ramp up my business or get another job?
  • This seems like a simple way to make some cash.
  • I’m unhappy with my boss and tired of working hard to make someone else’s dreams come true.
  • How does playing it too safe limit my success?
  • “You can’t depend on your eyes when your imagination is out of focus.” – Mark Twain
• 04:15 – It’s not about “What do you do?” it’s about “How are you serving humanity?”
  • 04:20 – Are you prepared to answer that?—if you’re not it’s a problem
• 04:35 – Success Stories
  • From Zach Forward – Two years ago I had an idea for a social network for people, musicians, and businesses—I launched the platform this weekend…it would have been impossible without you: entersquare.com
  • From Vincent – I had a GREAT time at Innovate back in May…what an incredible place of peace—my book Freelance to Freedom has been accepted by a publisher
  • From Adam Suter – The official launch day for my new book is October 1^st, it’s called Vision ADD: From Idea to Work that Matters
  • From Charlotte in China – Your podcast has helped me stay the course through a number of challenges while living overseas…my new book Knocked Up Abroad Again will be coming out soon
• 11:05 – Mike Kim – PivotProfiles.com
• 11:35 – Monday Afternoons, Dan reviews endorsement requests for books
• 12:09 – Be wary about asking for donations—it can be counter productive
• 13:29 – Be CREATIVE in what you do, don’t do what everyone else has done
• 14:15 – Tears for Fears cover on the Hammer Dulcimer
• 15:15 – Send your Success Stories to [email protected]
• 18:10 – Question from Patrick – How do I upload my cover letter to Amazon?—is there away to navigate around their corporate barrier
  • Don’t overlook the value of just walking into a place to inquire about a job opportunity
  • Even though Dan prefers to use a cover letter, this is a BIG company…best to go with the flow, don’t fight to get them a cover letter
• 23:10 – Question from Elizabeth – How do I communicate my involvement with something on a resume without necessarily taking undue credit?
  • You can present yourself as a leader/motivator for freelance work, but it’s too broad for a resume—resumes need specificity
• 25:45 – Question from James – Dan I’m stuck! I lost my primary job 3 weeks ago, and my job searching has been fruitless thus far…should I go all-in on my side business?
  • What do you need to do to duplicate or go BEYOND what you were earning in your old job? Start there
  • Don’t overlook the hidden benefits to working for yourself as well…those can be as economically significant as salary
  • Map it out—what can you do to make your business sustainable?
• 30:09 – Question from Dennis – I think scanning photos can be a good cash grab…thoughts?
  • I’m not excited about it…you’ve got to do 40 photos to make 20 bucks
  • The margins won’t work, just dive headlong into the computer consultancy
• 32:20 – Question from Gale – Have a Baffle Ball machine in my basement…is it worth anything and how do I sell it?
  • It’s famous to be sure, but there’s a lot of market saturation
  • Unless it’s in MINT condition, it won’t be worth more than $200-$300 dollars
• 35:19 – Question from Joanne – Dan I’m burned out of my corporate job…I’m an artist at heart, so I started drawing again…specifically I’ve been doing pet portraits and I’ve had some success locally. How do I market my skills?
  • Enjoy your art just for the sake of art—don’t make it about the money
  • Don’t strain to sell
  • When you make your art the ONLY source of income in your life, you compromise the integrity of your art
  • Pivoting from linear income to residual income
• 38:35 – Question from Todd – In your book, No More Dreaded Mondays, Cecil warned you that your playing it way too safe…can you share more?
  • For 2 months I lived on the road with my wife and son
  • We met a guy, an established therapist, based out of the Center of Human Understanding in Anaheim, CA
  • Quit psychology and got into car sales
  • If you’re making money on every single car, you’re NOT taking enough risk, you’re leaving money on the table
• 43:35 – Question from Stephen – I decided to put something out there before it was perfect…I now find myself rebranding to carry out what I really want. What do I do?
  • Well…It depends on the specifics of your situation

3 Key Points:

1. Don’t be afraid of risk…sometimes it’s the only way to make it.
2. Pivoting from linear income to residual income is a daunting challenge—you can do it, but you need to PLAN.
3. There are a NUMBER of unseen economic benefits to working for yourself, don’t overlook them.

 

Resources Mentioned:

• To ask Dan a question for the podcast – AskDan
• Create Peace in Your Home – Beautiful PDF from Joanne’s new book
• PAX Financial – Ten Effective Strategies to Build a Money Legacy Within Your Grandchildren
• 48days.com/you – Free Personality Style Overview
• 48Days.com/Mondays – Dan’s 5-step process for dealing with change
• Harrys.com/48Days – for $5.00 off your first purchase of the world’s best shaving blades
• FreshBooks – Claim your free month by entering 48 Days in the “How did you hear about us?” section
• Go to com/sleepyoulove AND use promo code – sleepyoulove – to save $50 off your purchase of the most amazing mattress you’ve ever slept on
• https://www.48days.com/video – If you’re just getting started on the 48 Days process
• The Ultimate Advantage Cruise – February 2017
• Coaching with Excellence– January 12-13, 2017
• https://www.48days.com/experience Dan’s premiere coaching process
• 48 Days Coaching Mastery Program – for those wanting to build a high level business in coaching
• Personal Mission Statement – free form to create your own
• Raising Creative and Entrepreneurial Kids – the podcast where Joanne and Dan talk about ways kids can make money

 

Credits:

• Show Notes provided by Mallard Creatives