You Won’t Get Rich Renting Out Your Time - Deepstash

You Won’t Get Rich Renting Out Your Time

In almost any salaried job, even at one that’s paying a lot per hour like a lawyer, or a doctor, you’re still putting in the hours, and every hour you get paid.

What that means is when you’re sleeping, you’re not earning. When you’re retired, you’re not earning. When you’re on vacation, you’re not earning.

Renting out your time means you are not creating much original for society. And so your set roles can be taught. If they can be taught like in a school, then eventually you’re gonna be competing with someone who’s got more recent knowledge and is coming in to replace you.

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kelbar

IT consultant

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It’s ownership versus wage work. If you are paid for renting out your time, even lawyers and doctors, you can make some money, but you’re not going to make the money that gives you financial freedom. Y...

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