Making Money On Your Own Terms (Kind Of)

The key to generating wealth is to start your own company.

Yeah, you’re thinking, well I could become a medical doctor or a lawyer and get rich too. You’re right, except they ARE their own company. Get with the program.

These are the big three money makers: Health, Wealth, and Sex. Doctors, lawyers, tax accountants, drug lords and pimps. No, wait…that can’t be right.

The 10 Second Business Lesson From My Mom:

Money is laying on the ground, you just have to know where to look.

OK, So Where Do We Start?

#1: You NEED to start your own business. The Tax Code in the U.S. and other countries favors those that have expenses related to operating a business. Deductions my friend, are your friend.

#2: Your business should be location independent. This means that you should be able to run it from anywhere in the world, as long as you have access to a phone and email. Don’t strap yourself down to one town, do business globally. Having the ability to move around is awesome. Work from a cheaper city, state, country, etc. The world is open for business.

#3: You need to charge appropriately for your product or service. Never underestimate what someone will pay. Charge a premium price, you will thank me later.

#4 You need to identify a product or service that people want to buy. And this is, quite literally, the million dollar question. Think along the lines of technical services and consulting, product development, and generation of valuable information. This isn’t nearly as hard as it sounds. Look for trends in Google for popular topics, search Amazon for the types of products people are buying, etc. NOTE: I’m not recommending that you develop products to sell on Amazon, that is a surefire way to lose your ass fast. But you CAN teach people how to use the products the buy on Amazon. Get creative! The UNIVERSE loves those that create value.

Uh, Let’s Get Back To Me For A Second…

I am a software developer (computer programmer) by trade, so my first business was technical in nature, but you DO NOT have to be a programmer to operate this kind of business. In fact you can learn everything you need to know to become conversant in technology from free courses on,, or

Make Money In the IT Field Without Being A Programmer

Start your own IT Recruiting Agency. You can start slow, find business on, find programmers all over the web, put them together, and get paid. It sounds easy, but does take a little time to get rolling.

I started my own agency in 1995 and sold it in 1999, all the while earning enough money so that the business was my full time job. I sold to a larger company in early 1999, allowing me time to focus on more critical things like getting a divorce and starting another company.

Other Killer Location Independent Businesses

I won’t bore you with a long list of bullshit ideas. Here are the big three:

Freelancing of all kinds. Programming, design, writing, editing, music production, consulting, coaching, etc. The freelancing field is only limited by your imagination.

Information Products. People are dying for information, they want to learn how to do things. I am a complete info product junkie and love supporting some of my favorite creators.

Coaching. Sounds crazy, but it’s totally related to info products. You provide coaching services as an add-on to the product you create. In fact, you can create an info product that you give away for free, just to sell your coaching services. It’s not that your customers won’t get value from the free info product – they MUST get value from the info product – it is how you up sell them. The info product is so damn valuable to them, that they don’t know how in they world they are going to move forward with the rest of their lives if they don’t contract with you for some coaching.

Sure I could tell you to create a blog and do affiliate sales, but nah. Blogging is a fucking bitch, it takes FOREVER to start making any money, and when you do, it’s not what you thought it was going to be. Getting organic traffic to a blog takes time, and buying ads sucks. Link building, blah, blah, blah. And God forbid Google catches you buying links or cross posting shitty articles pointing back to your money page. JFC, shoot me now.

So Let’s Talk About That Big But For A Minute

But…if you want to practice writing, and create something that might deliver some value down the road, you can start blogging. There are a TON of websites devoted to this topic, so I won’t bore you. Just don’t spend any money on classes about “How To Start A Blog”, or “How To Make Money With A Blog”, until you have exhausted all the FREE resources on the web. Again, check with EdX and Coursera for free classes on this topic.