Shopping malls, writing e-books, doing business… What should I do with the two?

This kind of question is like a blind man touching an elephant. It's difficult to approach like this. It's perfect to realize 'this mountain is not this' after pouring energy to the fullest.

I have to look at the big picture first and find the number of possible cases for me. Which of the 3 types I'm explaining now is the path I want to go on, You must have a cool and firm family. Otherwise, it becomes “just try it first,” but to put it another way, it is “a huge waste of time and energy.” You don't have to have very specific answers. It can't be either. But let's pick one of these three big stems. That is the minimum direction for a meaningful start.

Here are 3 types of income you will need to build for your independence.

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3 main pillars of building a revenue pipeline

There is no other way - that's all

Revenue pipelines can be thought of in three ways: To put it bluntly, this is it. Unless you have some special talent, the first step to independence is bound to be one of these three. I just want to tell a very realistic story. Therefore, unrealistic advice such as 'becoming independent as an investment' was not mentioned.

First, the creator

• Something? It is a model in which content in the field of expertise is uploaded on a professional blog or YouTube channel, and economic profits are obtained as a by-product of the process. Traditional writers also fall into this category.
• example? youtuber. blogger. Author.
• how to make money?
  • Advertising Revenue (Ads based on the number of views, mainly Google AdSense, some Naver Adposts)
  • Revenue from advertisers (sponsored advertising costs)
  • Affiliate Revenue (Coupang Partners, commissions received when completing other transactions)
  • Contents (books, lectures, online lectures, 1:1 coaching)
• One line rating. It takes a lot of time and the odds of success are low if you don't have a strategy. “I will make money as a writer” is a bit naive. 96%, a real YouTuber, can't earn even the minimum cost of living. (U.S. research data) Being sponsored by a blog for diapers or Bluetooth speakers is not a sustainable profit, so you should think soberly. It's not something to be happy about. If you want to make money as a writer, you need aggressive marketing that actively utilizes social media, and in order to endure that time, you need to work part-time or in parallel with the methods discussed below.
• Shout. Some people believe that if you do not market on social media and just write hard, you will one day make money. He is just another Vincent van Gogh of our time. I am creating content for those people. Walk your own path honestly. But leverage smart. For example, managing, growing, and communicating your follower count based on your content on social media.

Second, freelancers – non-exclusive freelancers

• Something? As an individual who does not belong anywhere, it is a model that uses your own specialties and skills to handle the work of others (customers) on behalf of you (according to the contract each time) and earns economic profits in return.
• example? Freelancer + {Designer, interpreter, journalist, model, public relations agency, photographer, freelance writer, proofreading expert, tax agent, self-introduction editor, maternal massage therapist, move-in cleaner, e-book producer, first birthday party host... }
• how to make money?
  • Expenditure on Project Completion
  • Convert know-how into content (books, lectures, online lectures, 1:1 coaching)
• one line comment. A true nomad life is possible, but unless you are specialized or have a long-standing reputation, finding clients is very difficult. After each project, you need to find another customer. Because the market is flooded with similar people and services, you need to find your unique value. You have to accept the fundamental limitations of turning time into money.

Third, Startup – Entrepreneur

A freelancer is someone who gets paid for their work. Freelancers charge by the hour or by project. Freelancers write, design, consult, advise, and pay taxes. Freelancing is the easiest way to start a new business. Entrepreneurs use money (preferably other people's money) to build a being "bigger than themselves." Entrepreneurs make money while they sleep. Entrepreneurs focus on 1) growth and 2) scaling the systems they build. the more the better. The goal of a freelancer is to have a stable job "without a boss", do quality work, gradually increase demand, increase hourly wages, and improve the quality of performances. The entrepreneur's goal is to build a "long-term money-making machine" that sells reliably and isn't particularly risky to operate. Entrepreneurs build organizations that create change. -Seth Godin

• Something? A startup is a small-scale company that started with a new idea. In a word, entrepreneurship.
• example? All great companies started out as small companies.
• how to make money?
  • service sales
  • sale of goods
• one line comment. If you are a person who accepts and enjoys the process of finding solutions one by one in the field where problems always arise, Entrepreneurship of freelancersis worth dreaming of. But running a business is not easy. This is because risk management and insight are required for all aspects of management, from sales to tax. In the dictionary definition of an entrepreneur, there is no shortage of items that overcome difficulties and take on new challenges. That's hard.

Actual case – How did the mahjong artist become independent?

I introduced it several times in the video, but I wanted to walk the path of a creator. But money was short. As mentioned above, making money as a writer takes an absolute amount of time.

Creator's Path

After leaving the company, he published four books.

I worked hard on blogging and YouTube to increase discoverability.

It worked. However, it did not solve the economic part. So, I started freelancing right away.

freelance path

At first, I started with what I knew how to do. I wrote a book, and I did marketing for a long time in the past. It was obvious that it could be done.

book writing lecture

Most of them start with sentence writing, but I applied marketing. Writing a book to discover who I am and expand it into a personal brand. In fact, how to write a sentence doesn't help much in writing a book. Rather, the most important thing is the design of what book to write and how to put my story in it. So it's also difficult. (as a magician)

publishing agency

Make an e-book. Issue an ISBN. Distribute e-books. Distributing paper books. stretched out in this way. (as an anonymous freelancer)

media marketing agency

The difficulties that publishers face are media publicity and marketing. So, I started freelancing myself. I copied someone else from Kmong. After calling the press here and there, I came up with my own route. Not only did it secure price competitiveness, but it also found a niche market. (as an anonymous freelancer)

Other freelance experience

Design agency, advertising agency, press release writing agency, in-house document writing agency…

entrepreneur's path

When I gathered all the freelancers I tried, an intersection was found. I thought it was a unique market. As the company was established and employees with similar aspirations gathered, more synergy was created.

Now, he dreams of becoming a full-time creator, but he is also an entrepreneur who helps artists. These two eventually merge into one unique path.

A company that provides services for creators, and the creators who run the company.

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Which path are you going to walk on?

There's no guarantee that it's the right path, but think about it.

To take the first step, you must first know which way you are going. And then keep walking. You can fix it as you walk. This is because all three roads above are connected by small trails.

The proof is myself.

Please share your complaints and advice