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The best thing I love about working from home is that I have complete freedom over my time.
I don’t have to wake up early in the morning and rush to office during morning peak hour.
My husband and I can go catch a movie on a weekday afternoon.
We can just go on vacations whenever we feel like and for as long as we want.
Whenever our kid or parents need us, we can be there to take care of them without having to ask someone’s permission to take leave.
Years ago, I never imagined that I would be able to work from home. Back then, both my husband and I lost our job unexpectedly.
This unfortunate experience turned out to be a blessing in disguise.
It really pushed us to work very hard to start our own side businesses because we never wanted to reply on our job to be our sole source of income.
No jobs are safe.
We have seen how technology is making companies even industries obsolete.
Now, more and more companies are embracing automation.
At McDonald’s, you can just order your food on the automated kiosk.
At supermarkets, you can just pay using the self check-out counters.
Amazon fulfillment warehouses are automated.
And just a few days ago, I stumbled upon a video which shows a dumpling making factory has automated ALL its processes. There is not a single worker seen inside the factory.
It just made me think that it’s entirely possible that factories in the future will be fully automated with only robots working inside.
For businesses, there are a lot of incentives to adopt automation.
It helps cut down a lot of costs such as salary and benefits.
Also, machines and robots can work 24/7 and do the tasks more efficiently.
Will your job be safe?
That is a very relevant and important question to ask yourself.
Because the last thing you want is to get caught off guard and put yourself and your family in a financially stressful situation.
Here’s what you can do from now on.
You can start to create new source of income and build multiple streams of income.
I started from zero.
Then, I built my service arbitrage business from scratch.
For some of you who have not heard about service arbitrage, here’s how it works.
First, you find in-demand services that freelancers are already offering at a super low price on freelancing websites. Then, you market their services to businesses that need it. Once you get a sale, you hire the freelancers to deliver the work for you.
How you make money is that you quote a higher price to your clients than what your freelancers quote you to pocket the price difference as your profit.
This can be considered another variant of freelancing. The only difference is that you are outsourcing the work to other freelancers instead of doing the work yourself.
The best part about service arbitrage is that you don’t need to have any idea or any experience. You can even do it when you are working at a full-time job.
Gradually, I grew the business from zero to 4 figure per month business.
But, I didn’t stop there.
Next, I moved on to build more income streams such as creating information products and offering consulting services.
I learnt everything from scratch with zero experience and no mentor.
If I could do it, you too can do.
Yes, it takes hard work.
Yes, it takes time.
“Entrepreneurship is living a few years of your life like most people won’t so that you can spend the rest of your life like most people can’t.”
Both my husband and I, we plan for the long term.
And we choose delayed gratification over instant gratification.
That’s also why we worked so hard every day for a few years to create a life where both of us now can work from home.
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