First, you need to know how much money you’re going to make on each day you’re trying.
If your goals are $200 total per day on average, then you have $180 each day to work with. This is going to take at least a quarter of your day.
If your goals are $400 total per day on average, then you have $460 each day to work with. Again, that is going to take at least a quarter of your day.
If your goals are $800 total per day on average, then you have $1,000 each day to work with. Here is a graph to help you understand what this number means:
If you want to reach $800/day, you’re going to need to work at least 45+ hours per week. While this is a ton of hours, it is achievable.
If you want to reach $1,200/day, you’re going to need to work at least 60+ hours per week. These are long hours that have to be scheduled in advance. There is a lot more than work that needs to be done. You’re going to spend a lot of time trying to learn a new skill. You may be a beginner trying to gain experience in a brand new industry. I’ve seen too many young people who are inexperienced trying to learn what they know.
How long can you live on $100/day? (from here on, it is assumed you make $100/day.)
$100/day is going to be your living expenses for the rest of your days and your ability to pay bills.
$150/day will most likely be your “day job.” This means, your only pay will be income you receive from one or more “jobs.” These can be consulting, writing, teaching/developing, hosting, marketing, customer service, or a myriad of industries.
You need to make a good-enough living on a day-to-day basis so you can do this in any industry you desire. This is a goal that’s achievable, in my opinion.
If you want to make $1,000/month, then you’re going to need to make between 5 and 10 jobs per month on average. This is the amount we’re going to be talking about next.
10 Jobs/Month is going to mean that you need anywhere from 45 to 60 hours per week to work on your freelance sites.
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