Friends That Invest

10 Income Streams You Can Build While Still an Employee - (Sharing My Actual Numbers)

36 snips
Jan 27, 2025
Discover the journey of building ten diverse income sources while juggling a full-time optometry career. The insights reveal the difference between wealth and mere richness, emphasizing the value of asset generation. From tutoring to dropshipping, each venture balances potential income with personal enjoyment. The discussion also delves into the risks and liquidity associated with various income streams, urging listeners to weigh their options and conduct thorough research before diving in.
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ANECDOTE

Optometry Earnings

  • Simran Kaur earned $75,000 in her first year as an optometrist, exceeding her expectations.
  • She trained for five years in New Zealand, where only 60 optometrists are trained annually.
ADVICE

Nine-to-Five as First Investor

  • Simran Kaur recommends having a stable career as a foundation, even if pursuing other income streams.
  • A nine-to-five job acts as your first investor, providing financial security.
ANECDOTE

Tutoring Experience

  • Simran Kaur tutored math, English, and science, earning $20/hour, totaling $1,040 annually.
  • She tried scaling it with a website but failed to gain new customers.
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