What we’re talking about: Strategies for a listener named Nicole, who is a music teacher struggling with finances and seeking ways to earn extra income while balancing her responsibilities.
Why it matters: Finding creative ways to generate income is important in pursuing agency because it enables individuals to have more control over their financial situation and create opportunities for personal and professional growth.
What actions to take:
💡 Create time by reducing job responsibilities or finding efficient ways to handle child care to allocate time for income-generating activities.
💰 Explore different models of income generation, such as moving from time-for-money to time-for-output or money-for-others-output, to increase earning potential and leverage.
📚 Consider developing and selling digital products, such as music lesson plans in Nicole’s case, to decouple income from time spent, creating passive income streams and expanding market reach.
✦ Read the Rules: Health | Wealth | Time
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