Entrepreneur

0 readers

1 users here now

Rules

No Personal Attacks - criticism of ideas is allowed, attacking people is not.
Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 2 years ago

MODERATORS

communick@indiehackers.space

How do you deal with income insecurity? (alien.top)

submitted 2 years ago by happycatt31@alien.top to c/entrepreneur@indiehackers.space

15 comments fedilink hide all child comments

My income varies so wildly that I can earn $15k one month and $1k the next. I have multiple projects and sometimes a product goes viral and does really well.

Due to how my income goes up and down constantly, I generally just feel poor and in constant struggle mode.

The project I'm most passionate about also does the least well financially. I'm not super ambitious, I started my company to try to make a difference. I'm thinking of getting a job again after 8 years of being self-employed.

Anyone relate?

you are viewing a single comment's thread
view the rest of the comments

[–] TheWindWarden@alien.top 1 points 2 years ago

I married a more risk averse woman.

We worked while she got a degree. Once she landed a great job I focused on making my own businesses while keeping my wage job.

The first month my business paid as much as my wage job I quit my job immediately and focused on my business.

Ups and downs for a while, but we were very comfy with her job. Then my job hit the jackpot during COVID and I made more in 2 years than she will in 15 at her STEM career.

Now I make less per year than when I had my job, but I saved up and I'm still paying half of all the bills while I look for the next thing.