What Your Guidance Counselor, Career Counselor, and Own Mother Probably Never Told You...

The alarm clock jars you awake at some insanely early hour. As you hit the snooze button you think, "there's gotta be a better way to make a living." As someone who rolled out of bed this morning at 8:30, I'm here to deliver the good news: there is.

A lot of people dream of escaping "Dilbert's world" and being their own boss. Perhaps the biggest reason these dreams get derailed is money. Or, more accurately, faulty thinking about what it means to "make a living." I'm no exception. For a long time I thought before I could take the leap to self-employment, I had to first figure out a venture that would generate the same amount of income as I was then earning.

Develop Multiple Profit Centers

Not so, says Barbara Winter, self-bosser and author of Making a Living Without a Job Winter is an enthusiastic advocate of what she calls "multiple profit centers." Instead of thinking in terms of a single income, i.e. a "job," Winter recommends aspiring entrepreneurs develop several income sources.

Outdoor enthusiast and neighbor Bob Sadowski is living proof that you can have your cake and eat it too. Bob lives on 80 acres in rural Plainfield, MA where he's parlayed his life passions into his livelihood. When not running New England Bob's Snowmobile Tours of Quebec snowmobiling tours throughout Quebec (one covers nearly 1,100 miles) this vintage car enthusiast specializes in buying and selling antique car and truck parts out of his barn.

Today my income comes from five sources:

1) I publish eBooks and other resources for other people looking to take the leap from having a job to having a life.

2) I do telephone consultations with people from literally all over world on how to turn what you love to do into income.

3) Drawing upon research I did in graduate school, I've established myself as an expert on the topic of women's self-limiting patterns and philosophies. Now I'm asked to deliver my How to Feel As Bright and Capable as Everyone Seems to Think You Are for such diverse organizations as American Women in Radio and Television, Bristol Myers Squibb, and MIT.

4) I get paid to deliver other people's seminars. My biggest client for freelance training is my former employer, a company called Time/Design. Time/Design hires me to fly around the country to lead their one-day course called Time Management to Focus Management for such clients like Ruby Tuesdays, Georgio Armani, and the US Army.

5) I seek out other products


Keep Your Day Job

Maybe you aren't interested in quitting your job but you like the idea of not having all your eggs in one basket. When traveling to San Francisco, I stay in an apartment in a lovely hilltop home in the Ashbury Heights section of the city. The owner is a Bay area native who, in addition to teaching reading to grade schoolers (which she absolutely loves), has set up several additional sources of income.

For one, she rents the in-law apartment to tourists through the local B&B association on per night basis earning considerably more than she would with a year-round tenant. For weekend and summer time income, she parlayed her knowledge and love of the city into a personal tour guide business with a steady stream of customers right in her own home. She even takes in a few extra bucks renting videos to her overnight guests.

Maybe you don't really like your job but can't afford to just up and quit. Say your long-range goal is to make $50,000. You don't need to be a math whiz to know there are different ways you can slice and dice this. For simplicity sake, though, let's say you decide to set up five income streams, each generating $10,000. Since you'll be building your multiple income streams while you're still gainfully employed, starting two side businesses simultaneously is probably about your max time-wise.

What you now have is a monthly goal for each business of just over $800. That's $200 a week. If making $20,000 a year seemed daunting, Winter says, psychologically earning $200 is more feasible: "Knowing what your financial goal is makes it easier to determine what action you'll need to take to accomplish it."

So what are you waiting for? It's your life!

"Off the beaten career path" consultant, Valerie Young, abandoned her corporate cubicle to become the Dreamer in Residence at http://www.ChangingCourse.com, offering free resources to help you discover your life mission and live it. Her career change tips have been cited The Wall Street Journal, USA Today Weekend, Redbook, Entrepreneur's Business Start Ups, and on-line at MSN, CareerBuilder, and iVillage.com. An expert on the Impostor Syndrome, she's presented her How to Feel as Bright and Capable as Everyone Seems to Think You Are program to thousands of people.

More Resources

Top 5 Tips for College Grads Entering the Working World
1) Build a Relationship With Your Boss:Like it or not, no single individual has a greater impact on your career future than your direct supervisor. So, how do you get on their good side from the start? Managers want to feel that you truly care, and that you are "in it with them" as a team.
4 Niche Job-Search Tips
Looking for a job on the Internet can be daunting. Where do you start? What Web sites are best for your industry?If you're suffering from "job search overwhelm," take heart.
Using Freelance Websites to Telecommute
How is your job hunting going? Have you had problems finding legitimate jobs? I don't know if you've ever thought about using freelance websites to obtain work at home, but this should be something you look into. It might not be for you, but you never know until you try.
How to Recoup From Missing the Most Important Meeting of the Year
Sometimes missing a critical meeting just can't be helped. Despite the advance planning, you just cannot make it to the meeting.
Defining Success Your Way!
In my career advising practice, I often find that my clients are not clear about what success means for them. Our society defines success primarily around three elements: power, money and fame.
How ToTalk Your Boss Into Giving You A Salary Increase
* If you believe you deserve a salary increase, ask for it as soon as possible; don't procrastinate or wait for your employer to offer it.* Determine what you are worth in the marketplace by carrying out a survey of people in comparable jobs.
How To Establish Trust, Credibility and Enthusiasm To Your Interviewer
If you use your voice to get attention, you use your eyes to hold attention. People tend to believe you, trust you, and listen to what you say if you are looking at them.
Choose Your References Wisely!
So, you need to submit employment references. A simple task, right? Sure, you could contact three of your closest friends and ask them to be your references.
Job Interviews: What to Wear
It takes between seven and seventeen seconds for a person to make an impression of us and much of that impression is based on how we look. It stand to reason, then, that what we wear to job interviews will make a far greater impact on our success than anything we're likely to say once those first crucial seconds have passed.
Do You Have What it Takes to be a Successful Petite Model?
Want to break into the petite modeling industry but wondering if you have what it takes to succeed? There are lots of magazine and commercial modeling opportunities for good modeling jobs. Take this quiz to find out if you qualify to be the next top face in the petite modeling industry.
Freelance Work: The Changing Face of Employment
The world sure is changing, and if you look at job employment you will see what I mean. Let's just go back to our grandparent's generation, even though I'm sure if we went back further we would see very different structures of work in the tribal periods of our history.
Job Interviews: Succeeding With Panel Interviews
These days, job interviews often consist of a panel of three-to-six interviewers.A "team approach" to finding the best candidate can be beneficial for the employer.
Dynamic Interviewing Practices
The pre-hiring process can be a challenge. If you're reading this article, you are finished with the pre-hiring process and are looking for tips that will guide you through the interview.
How to Get Paid More Without Being Pretty or Good Looking
Guess what. The results are out they are ugly.
3 Cover Letter Secrets Revealed
Writing a cover letter can be like cleaning your garage -- you don't know where to start ..
Seeking Knowledge Will Give You Power
What are you interested in? We all have a passion for something. So, what is your passion?Are you actively seeking information about your passion? Knowledge, providing it is correct knowledge, will increase your power.
Counter-Offers: Do They Merit Consideration?
You are one of the fortunate few who have not been downsized. However, your current job isn't exactly fulfilling.
Hey! - Are You Being Paid What You Are Worth?
Are you being paid what you are worth? Has anybody ever asked you that? Have you ever asked yourself?The answer to this question really hinges on another question: "Do you work for a boss or do you work for yourself?"If you work for a boss the answer must be a resounding NO! You see, you cannot possibly be paid what you are worth because your boss is being paid what you are worth. He or she then pays you at a discounted rate.
Growing Up On A Delaware Farm
Growing up on a Delaware farm was a wonderful and rewarding experience for me.I grew up in an area where a couple of dozen families in an area of about hundred square miles had farmed, married each other and been a stable community for centuries, along Delaware Rout One just north of Lewes.
Illegal Interview Questions -- Be Prepared
I'll quickly cover the following:A) Why Employer Ask Illegal Interview Questions.B) Examples of Illegal Interview Questions.

More Careers & Employment Information:

Related Articles

How To Become a Mortgage Broker
The mortgage industry accounted for $1,815,949,279,000 in loan transactions in 2004. That's one trillion, eight hundred and fifteen billion, nine hundred and forty-nine million, two hundred and seventy nine thousand dollars.
Five Facts You Must Know When Changing Careers
Too often in life, we fail. We fail not because we set our goals to high and miss achieving our aspirations.
Start Working Before You Get Hired
What if there were a way to *prove* to any sane employer that you alone were the one to hire?Would learning how to do that interest you? I thought so.I call this the "start-working-before-you-get-hired" job-hunting method.
Finding Employees For Insurance Industry Jobs
Finding the right employee for any job opening can be a challenge to say the least, and this is no truer than in the insurance industry. With considerations ranging from experience and education to their personal skills, the decisions faced by recruiters and employers can be of critical importance.
What Not To Include In Your Resume
Do you have a difficult time determining what does not go in your job resume? The rule of thumb is to only put enough information about your qualifications in your resume in order to get the employer interested enough to contact you about an interview.If the information doesn't highlight your qualifications, keep it out.
Resume Layouts ... The Hidden Pitfalls
Options for Resume LayoutsThere are many options of available to today's job seeker. With a quick change of graphical elements such as fonts and style, the feel of a resume can change from traditional and conservative to creative and modern.
Job Interviews & the Magic of Music
Can music help you with your next job interview? It just might! Here's how. First, it can help you during your research, preparation and practice.
Resurrecting the Perfect Resume, Part One
Is your resume dead? Don't be so quick to say, "No way!" Of the hundreds of resumes I've seen written by job seekers of all backgrounds and educational levels, easily 95% qualify to be labelled as dead-but-not-yet-buried.
Prepare for Your Performance Review Before You Start the Job
When you start a new job, you probably realize the first three months are critical to your long-term success. Everybody's eye is on the "newbie" as you learn the ropes.
Women Who Quit Work Abrubtly After Childbirth - Are You the Type?
According to statistics one out of every five pregnant women will not return to work. Quitting abruptly after childbirth could wreak havoc on your finances, your career and even your relationship with your partner.
Resumes, Networking, Headhunters - Useless Without Marketing Sweet Spot
A career transition is no longer about getting your hands on a list of contacts, networking with headhunters, or going online to look for work. It's better than that.
Self Describing Skills - Key Strengths
You need to be the best you can at describing your best qualities; particularly your key strengths. In my coaching practice I generally, at some point, ask my client: "What are you good at?" purely as a means to establish if they have already thought through this most important question.
Are You Tired of Hiring Other Peoples Rejects? - 12 Mistakes Recruiters Make and How To Avoid Them
When John applied for a job at Oakland Company, his resume looked fabulous, showing tremendous talent and advancement. His qualifications were beyond question and he built immediate rapport with everyone in the interview process.
How to Transform a Boring Note Into A Killer Cover Letter - Part II
In Part I, we covered how to grab the reader's attention with the opening sentence. Nowwe'll get them interested, arouse desire, and get them to take action.
About Your Work
I like Simon, one of three judges on American Idol. I find his feedback refreshingly honest.
Unlimit Your Life!
Do you have a tendency to think in absolutes?Is everything good or bad, black or white?This type of thinking can severely limit your options. Or worse, prevent you from getting an accurate picture of what'spossible.
Taking Your Words Seriously
When we ordered the stained glass window as an accent piece for our home, the artist-proprietor told us he was a bit behind. "So," he said, "to be on safe side, plan on six months.
Working Abroad - Employment Advice In Spain
Jobs and employment on the Costa BlancaThe Council of Europe regulations forced Spain to end all restrictions on the free circulation of European Union workers as of January 1st, 1992 - which means that all EU citizens can work in Spain under the same conditions as Spaniards complete with employment contracts and employers contributions into the Spanish Social Security system on your behalf, giving both yourself and your dependants, access to the Spanish National Health Service. These rights extend even to family members who are non EU nationals.
Resume That Effectively Promotes You!
Imagine for a moment that you have created a wonderful product. You are excited at the possibilities of attaining name, fame and wealth marketing this product.
Rev-Up Your Network!
Whether you are looking for a job, new clients or feel the need to expand your list of professional contacts, networking is the answer.So what are you saying to yourself right now? "Yuck, I hate networking.