🌼I Increased My Income From $300 to $7,000 As an Online Creator — Here’s How
## #Celebrating small wins.
To be honest, two years ago, I tried several side hustles in an attempt to earn some extra income.
I tried everything from filling out surveys and affiliate marketing to creating a blog website and starting a YouTube channel. However, despite my best efforts, none of these ventures seemed to be working out for me.
But then, as I was writing blogs, I discovered that I had a talent for writing technical content. I found that I enjoyed explaining complex technical concepts in a way that was easy for others to understand.
Additionally, when I published my technical content on popular platforms like Medium and Dev, I began to see a small but steady increase in traffic to my writing. Since I had a background in web development, writing about what I had learned was the easiest way for me to get started.
From there, my journey as a technical content writer began. I started working part-time as a writer, and within a few months, I earned my first $300. I realized that I had found my niche and decided to focus my efforts on becoming the best technical content writer I could be.
Over the next two years, I worked hard to develop my skills and build my reputation as a technical content writer. I reached out to different clients and started getting regular work, and I gradually increased my rates as my experience and expertise grew.
Today, I am proud to say that I make over $7,000 a month as a part-time content writer.
# What factors contributed to my success?
The journey was not so different.
My success in this field is the result of a combination of factors. Firstly, I found a niche that I enjoyed and was good at.
Secondly, I was persistent and didn’t give up after my initial attempts at side hustles failed. Instead, I kept experimenting until I found something that worked for me.
Finally, I worked hard to develop my skills and build my reputation as a writer, which led to more work and higher rates.
In short, my journey as a technical content writer has been a challenging but ultimately rewarding one.
By focusing on my strengths, being persistent, and continuously improving my skills, I was able to turn my side hustle into a successful part-time career.
Here’s how I have done it.
# 1. Prioritize finding work with a startup while also working on a side business
I recognized early on that I lacked natural talent, which meant I had to devote more time to developing my expertise. I believed the best way to do this was to work for a top startup, even if the pay wasn’t great.
By doing so, I was able to learn valuable skills that would eventually help me launch my own startup and write better technical content.
I was fully aware that this required a lot of hard work, including spending many long nights at the startup. But it was worth it to me because I knew the skills I was acquiring would pay off in the long run.
As I continued to develop my skills, I began writing more online content, which readers loved. This positive feedback gave me the motivation to keep going and to continue improving.
Since I didn’t have multiple income streams, I had to devote all of my time to the startup in order to make money. However, I knew that this investment in myself and my skills would ultimately pay off, and it did.
# **2. Learning about investment strategies and subsequently allocating 90% of my income toward investments**
When it comes to investing, I’ve made my fair share of mistakes and wasted a lot of time. I fell victim to the hype of influencers who urged me to invest my hard-earned money using questionable tactics.
Yes, I bought cryptocurrencies like Cardano and Dogecoin, as well as trading futures and options. I told you, I’ve made several mistakes.
However, I’ve learned a lot from my mistakes, and those lessons were invaluable. Looking back, I now realize that it’s essential to spend your time making mistakes since it helps to earn more money.
If you ask me, I would say consider investing a portion of your income in index funds, stocks, and cryptocurrencies like Bitcoin and Ethereum.
Also, I’ve come to understand that predicting the market is a futile exercise.
Even the most experienced traders and so-called experts can’t predict its movements with certainty. That’s why I advise against wasting your time trying to predict the market. Instead, focus on honing your skills and talents, and the money will follow.
At present, I invest 90% of my income in sectors I believe in and enjoy, and that has paid off well.
# 3. Celebrating small wins
I’m someone who tends to get demotivated easily.
Despite having a lot of passion and ideas, I find it difficult to stay motivated when I encounter setbacks or when I don’t see immediate results.
For instance, I tend to say yes to every opportunity that comes my way, but I often find that some ideas or projects aren’t worth pursuing. This can be discouraging and make it challenging for me to stay motivated.
However, I’ve discovered that celebrating small wins can help me stay motivated and focused on my goals. For example, when I made my first $100 online, it was a significant accomplishment for me, and I celebrated it with joy.
Similarly, when I gained my first 100, 500, or 1,000 followers, each milestone gave me a boost of motivation and happiness.
Recently, I reached a significant milestone of 10,000 followers, and the feeling of accomplishment and joy was indescribable. Celebrating these small wins helps me stay motivated and focused on my long-term goals.
I’ve realized that it’s essential to recognize and celebrate the small steps we take towards our goals, as it helps us build momentum and keeps us motivated. It’s easy to get caught up in the bigger picture and forget about the small steps we take along the way.
However, celebrating these small wins can help us stay on track and motivated, even when the journey gets tough.
# **4. Concentrating on cultivating several streams of income**
As an avid follower of several successful online creators, I’ve taken their advice to heart and focused on building multiple income streams.
It hasn’t been easy, but I’ve learned that diversifying my income sources is critical to achieving financial stability and freedom.
In the beginning, I struggled to find a reliable income source, but I persisted and worked hard to make progress. I realized that building a successful income stream requires a lot of effort, patience, and consistent action.
Read also: Warren Buffet explains how to invest in 2023
It also involves trial and error, as not all income sources will work for everyone.
Over time, I’ve invested seriously in several sectors, including stocks, and online businesses. I’ve also started collaborating with different companies and individuals to create new opportunities for income generation.
One of my most exciting ventures is my upcoming tech product, which I’ve been working on for months and am excited to launch this year.
If you’re wondering how to get started with multiple income sources, I recommend starting with your existing abilities and hobbies.
Use platforms like Twitter, YouTube, or Medium to share your knowledge and expertise with others. As you consistently produce valuable content and engage with your audience, you’ll gradually build a following and reputation.
It’s also crucial to have a strong desire to succeed and a willingness to put in the hard work required. Don’t be discouraged by setbacks or slow progress; remember that building a successful income stream takes time and effort.
However, with patience, persistence, and a commitment to continuous improvement, you can create a sustainable and diversified income portfolio.
I personally started my journey on Medium, and over time I’ve gained over 11K+ followers through consistent effort and providing value to my readers.
Contributed by Nitin Sharma
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