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The Calum Johnson Show
The Myth Of Online Entrepreneurship | Jack Raines
Sep 25, 2023
Jack Raines, author of Young Money newsletter and king of memes on LinkedIn & Twitter, discusses his career journey from finance to content creation. He emphasizes the importance of prioritizing passion over expectations, taking calculated risks, and staying active as an entrepreneur. Jack shares his experience with making money through ad revenue and sponsored content, as well as his unconventional approach to engaging on LinkedIn. He also reflects on the challenges of growing his newsletter and the benefits of exercise and fear-setting.
01:22:28
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Quick takeaways
- Before quitting your job for entrepreneurship, have a solid plan with sufficient savings or a reliable source of income to support yourself for at least a year.
- Focus on finding your edge and doing work you genuinely love, instead of trying to impress others with job titles or company prestige.
Deep dives
The Importance of Having a Plan Before Quitting Your Job
It is important to have a solid plan in place before quitting your job to pursue entrepreneurship. This means having enough savings to support yourself for at least a year without income, or having a reliable source of revenue coming in while you explore other ventures. Rushing into monetization too soon can lead to making hasty decisions that may not be beneficial in the long run.
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