This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
The limits of traditional employment
This would require investing your money from that job to build passive income and wealth.
Financial security doesn’t exist when you’re working for one traditional employer. You can experience financial security if your one traditional job is not the only income source, though.
The reason why it’s difficult to obtain financial security from an employer:
1. The income is “active.”
You have to be working to obtain a paycheck. If you aren’t working, you’re not getting paid unless you’re on paid leave, and you often need a legitimate reason to go on this type of leave.
The alternative is to build multiple passive income streams that generate income without you having to lift a finger repeatedly. Yes, passive income streams will require an initial investment of time and resources, but once you have things set up, it is mostly smooth sailing. Launching a book, course, or investing is a perfect example.
2. Job security doesn’t exist.
If you work for someone else, you don’t have job security. Even if you’re a top performer, you can still be let go at any time. Your job is in the hands and decisions of someone else. There is no other way around it.
3. Limited income.
Most jobs have a set income or salary unless you’re in sales. Bonuses are never guaranteed and can be scratched off the plate at any point. Your salary stays the same if you aren’t approved for a raise.
You can lower your expenses up to a certain point; a minimum will be reached, but your income potential is unlimited. If you’re relying on an employer to increase your income, you could be waiting for quite some time.
4. Time is a limited resource.
If you’re giving away 40 hours a week to a job, you’re losing 40 hours a week that could go to your side hustle or small business.
Not everyone has a job that takes 40 hours a week, which grants them considerable time to invest in their business, but this is not the case for most people. If anything, many people’s jobs take up more than 40 hours.
The more time you invest in your traditional job, the less time goes into your business, which can produce unlimited income.
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This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.