I will keep this separate from my other thread, as this will focus on my side hustle.
I took engineering at university and passed with flying colors, but I am just jaded whenever I see the job market for engineers in my country. Or for corporate: they overwork themselves to death and burnout after 3 years. I was pretty hopeless with how I would proceed, until I found out about digital nomads. People from abroad traveling around the world, leveraging currency arbitrage to score the best deals all around the world.
One skill I found that they possess is some form of remote skill. When I met and talked to some of them, they were people like me (some were even engineers). In fact, I knew for the longest time I had all the pieces I needed already to execute on this plan: a basic understanding of business, an eagerness to learn a remote skill, and native-fluency in English (also aiming for native-fluency in Mandarin, though). I just need daily implementation of goals to at least inevitably reach there.
I was asked to answer these questions before, so here goes:
Making so much money I can literally start a business whenever I feel like there is a gap in the market. I want to live in an apartment in a CBD because I love to see the nightlights everytime. It doesn't get old. And seeing high-rises in the day is also amazing.What kind of life do you want to live 10 or 15 years from now?
I also want so much money that I will still be considered sexy to women when I reach my 30s. By this time, I see myself easily having 2-3 kids, where I won't bother with the costs of raising a child.
I am happy where I am from currently, the Philippines. Though, it doesn't hurt to expand my horizons outside the country. Maybe get an investor visa in a different country, when my country goes to shit? Who knows, but I'm getting ahead of myself.Where do you want to live? Which city, which country?
I see myself being an entrepreneur who can easily spot gaps in the market in 10 or 15 years.What position do you want to have in your job / career?
My dream income is to make $10k/ month in a developing country. However, my initial goal is $2k/ month. The moment I can consistently make that kind of money like clockwork, is the moment this "side hustle" becomes my main thing.How much money do you want to make? Or rather: how much money do you think you'll need to live your dream life?
30-40 hours a week. I want to have free time to explore different passions (coding, hobby hardware projects) and potential business ideas (which includes going to China for their Canton Fair every year).How many hours per week do you want to work?
Partying (in moderation), girls, self-improvement, learning about business, building projects, and travel.What are currently the things that make you the happiest?
Buy 5 cash flowing properties. Cost is Php 15-25 million (~$300k - $500k). This gives me a safety net in my cashflow.What are your other goals in life and how do they align with our career goals?
Travel whenever I feel like it. Good ball park figure is 2-4 trips a year.
Network with other business owners and celebrities to gain an unparalleled access and glimpse at the market and partner with high-quality people in the future.
Into fitness: have a great body (12% bodyfat). Suave, macho businessman: able to invest in ventures I find have potential.How do you want to look in 10 years?
Drive, ambition. And an IDGAF attitude.What personality do you want to have in the future, or rather: what personality is required to reach your dream life?
While I still don't have a job, my plan is to start an digital marketing agency. Strategy is to create "Direct-Response" websites for clients, then upsell them to digital marketing services. I have read a shit ton of Gary Halbert, Dan Kennedy, and Michael Masterson to have a rough idea of what I would need to do. I also like to do digital marketing because I can transition to consulting different skills if I need to, yet still have the ability to sell on the internet when everything changes. At best, I will be one of the digital nomads, traveling around whenever. Or, if my endeavors fail, I can still work for a Business Development Role, at worst. This is almost the perfect time for me to start because a ton of people in my circle are starting businesses because they have a hard time looking for a job/ are retrenched.
Another option is to become a freelance data analyst. This guy's lifestyle basically: https://www.instagram.com/nomad_black/. Solving business problems while remote still sounds appealing. Though, it's a step further from "increasing a company's revenue", compared to digital marketing. Still, I ain't gonna shut the door here.
Special request to @AGF and @GravyTrain to perhaps keep me accountable for this or give some advice? You two are inspiring entrepreneur types and have your heads screwed on straight. I expect you to be busy, so I don't expect instant replies (you got businesses to run anyway).