Learning a life-changing skill seems like a daunting task, and make no mistake, it is! However you can make this task more manageable and bearable if you break it in pieces over a longer period of time.
How do you eat an elephant? One bite at a time! And the same goes with planning and executing your life-altering plan.
Quit your job! – Eventually
1 to 2 months into project:
I don’t recommend quitting your job abruptly, but I recommend that you plan on eventually doing it.
If you can’t wait to quit your job, then do it if you meet these requirements:
- You’re single
- You have no kids
- You’re under 35
- You have saved money
If you can accelerate the process there’s no reason not to!
I personally didn’t quit immediately. I was married, recently had had a child and had no savings!
However I met with my boss and expressed my desire to, as well as I provided him with a roadmap and deadlines. I knew I had a good job that I liked and I wanted to have a backup in case things didn’t work out.
1 to 2 months into project:
My first step was to figure out how to better spend my income so that I could have more time to work on my skills. Back in 2011 I was working 6 days per week and 7-8 hours per day! I realized that once I started cutting back on unnecessary expenses I was able to work 5 days instead of 6 without having a negative impact on my life style. This meant I had an additional 7-8 hours per week to study and develop my skills!
Work to learn, not to earn
2 to 6 months into project:
After I felt comfortable with the level of skill I had acquired over the period of a couple months, I started looking for potential clients that would let me do something for them for almost no money! I went as far as to offering my skills for free to a few persons!
The goal is not to earn, but to further develop your skills.
If I didn’t have income or didn’t have enough to make ends meet I would’ve quit or have never had the chance to get to the level I wanted to.
Repeat the process
6 to 12 months into project:
If you start generating additional income on a regular basis from your new skill, you must not spend it on early celebrations.
Instead use it to further cut back on the number of days you’re working. Make sure you use that time to study and practice, not to go on vacation! How about working 4 or even 3 days per week? Sounds good!
At this point you can start charging more to new clients, and start spending more time developing your skill and looking for new ones.
12 to 18 months into project:
You must stop exchanging time for money. At this point your motto is “Knowledge for money”. If you apply the principle of learning new skills describe in this page, you can start learning other skills that you can then sell to your existing customers!
I remember my first skill was web development, and I had several clients that needed help with graphic design. I then started learning how to use photoshop, and creating business cards and menus for them.
New clients also express their needs for services such as Local SEO, SEO, Facebook Ads, etc, and guess what I did? I repeated the process of working to learn instead of earn, and once my skilled was developed I started charging more for my service.
Passive and residual income
18 to 24 months into project:
Today I can say that I don’t work as much and as hard as I used to, but it has taken me over 24 months to get here. I now generate passive and residual income, as well as I make money working on new projects once in a while.
The journey hasn’t been easy, but it’s been worth it.
I believe with all my heart that if I can do it, so can you. All you need is to get started and find ways to develop new skills. You have nothing to lose and a lot to gain.
Thank you for checking out my website and I hope to help you on your journey.