What if you could earn guaranteed income every week? Today’s article looks at a little-know secret to building massive wealth. It’s called going to work and getting a part-time job.
Satirical intro aside, having a part-time job is actually pretty cool. And I’ve got a story to explain why…
In 2017, a giant log fell on my Dad and completely crushed his leg. Despite insurance, this cost my parents well over five figures in medical bills.
The unexpected cost, plus lost time, meant my parents cancelled their annual trip to visit me in Asia. So, I decided to surprise them with plane tickets.
Rather than building another niche site or publishing more eBooks, I decided to get a part-time corporate job. I’d never done something like this before and it was surprisingly fun!
Going from freelancing (where you’re often hunting clients down for money), or affiliate marketing (where you’re pandering for profit) this was like being on vacation. The tasks were simple, the pay was good, and there was plenty of free-time.
Today’s article looks at something a little different: Getting a part-time job or making money through the traditional 9-to-5.
This is easily the most common way to earn a living, and for good reason.
Let me explain…
Why Get A Part-Time Job?
Jobs and careers get a lot of flack in this corner of the Internet. Everyone’s boss is worse than Hitler, and all work is soul sucking monotony.
At 19 I would have believed this. Before freelance writing my first, and last, job was working in retail. You woke up at 4 AM, dealt with stupid people, preformed endless menial tasks, and earned a whopping $10 an hour.
At 24, getting a part-time job was great.
Easy work, nice people, a more relaxed atmosphere.
The difference?
Low income vs higher income work.
We’ll get more into this in the next section, but for now here’s a whole list of reasons why you might want a job:
- Active income beats daydreaming.
During the Crypto boom, Mike Cernovich said something like:
You’d make more money waiting tables and investing your paychecks into BitCoin than you would ‘day trading alt coins.’
This is pretty common in any field. Go on Twitter and you’ll see a mountain of dorks saying stuff like “I need money, but I don’t know how to [drop ship / publish eBooks / sell online / trade stocks].”
99% of these guys could instantly solve their money troubles by getting a better job, or getting a part-time job.
If you start delivering pizzas on weekends, you increase your income.
If you sit around watching Gary V or reading motivational Tweets, you accomplish nothing.
- Guaranteed Earnings.
There’s a common myth that owning a website or selling products brings in a steady stream of constant income.
In reality, Internet business is highly volatile.
You make $500 on Tuesday and nothing Wednesday.
Likewise, the consumer economy is seasonal. Winter months generally bring in huge profits, while summer and fall generate very little revenue.
If nothing else, having a part-time job provides a stable paycheck.
You can always use this steady income as your start-up fund for dropshipping, ad campaigns, etc…
- You learn new skills.
Do you want to learn sales?
Go work at a car lot.
You’ll get more hands-on experience and “actionable advice” in one week of working there than you will from any $997 “Sales University Master Course.”
Additionally, you can develop high value skills, allowing you to easily branch off and create your own thing. Sites like Wall Street Playboys or Financial Samurai (for example) have instant credibility because they’re run by industry experts.
Personal experience always gives you expert status.
- Great for meeting people.
Let’s suppose you want to buy a rental property. Would you learn more from reading a book, or from tailing a successful landowner?
Not only will you learn a new skill, but you’re also going to meet realtors and bankers and other important contacts.
If I were going to starts a freelance business in 2019, I’d first spend six months working part-time at a similar agency. After that I’d branch out and do my own thing.
You’re starting with a major advantage this way.
What Jobs To Look For
(Handy Checklist I Made)
Before we get too far, I want to address something.
Whenever most people hear part-time job, they think flipping burgers or greeting customers at Wal-Mart.
Don’t do these.
In fact, avoid minimum wage jobs or anything under $15 range. Especially if you have to commute. These gigs eat up your time while barely earning anything.
When I worked in retail it took me a whole summer to save up $2,000.
There’s one exception to this rule, and that’s low-paying, low-effort Internet gigs. This is because there are no additional costs like transportation fees or needing to pack a lunch.
That said, focus on high-pay part-time jobs. Here are a few examples.
- Virtual Office Temp – My first part-time job. Paid $17 bucks an hour and had tons of free-time. If you have the right skills you can make a lot more. Case in point, I was later hired back for the next position…
- In-house copywriter / programmer / web designer – These are jobs which often pay much better than freelancing. You get a steady stream of projects, plus a regular paycheck. And, there’s no client prospecting!
- Bartender / waiter – I’m not charismatic enough for a job like this. But if you are, these gigs pay really well. For reference, one of my friends always works New Year’s because he clears $1,000 in tips for that night alone.
- Sales – These jobs are great because you learn a valuable skill while getting paid. There’s also a lot of variety here, from telemarketing and selling cars to doing business-to-business transactions. Easily the best hands-on education you’ll ever get.
[Fun fact: My second biggest single-day profit ($1,300) came from part-time business-to-business sales.]
- Blue collar professions – Way back in the 1990’s, my Dad paid college kids $14 an hour to mix cement or carry two-by-fours. There’s a lot of money to be made in the trades. Additionally, learning a skill like welding can net you $30+ an hour.
- Teaching – When my brother was a freshman in college, he got a part-time job as an online homework helper. I think he made $15 an hour tutoring high-school kids.
- Any high-risk job – These are jobs like working in the oil fields or non-combat contracting in Iraq. I have several friends who did these jobs for a year or two, reinvested their money into real estate, stocks, or Crypto, then retired in their early 30’s.
[Note: Many of these jobs follow a “six months on, six months off” structure. Making them different from more traditional four-hour workday type part-time jobs.]
- Night shift security guard – My cousin did this in college. $16 an hour to play on your phone all night. If you’re smart, you could easily use this downtime to invest in yourself.
Lastly, because I hate theory articles, here’s a whole list of 50 part-time online jobs paying at least $16 an hour.
The Number One Rule To Remember
Scott Adams says: “Your job is not your job. Your job is to look for better opportunities.”
In other words, always look for a better deal.
Hands-on experience is a better deal than endless YouTube and course consumption.
Using your new knowledge to launch your own business is a better deal than doing the same thing year after year.
And so forth…
In business and life, always look for the next opportunity.