In 2017 my life changed on many levels. Some of those changes were planned, some of them were dreamed of long time and some came quite unexpected. But let’s start chronological.
Hard Work Pays Off
I’ve been working for companies since finishing my educational degree but always hoped to have my own company one day. While many people dream of it, I tried to not wish for it too much but rather work on my vision every single day.
My daily commute was packed with listening to awesome podcasts of people who did it, with Pat Flynn being one of the most crucial influencers for my development.
In late 2016 I had released my first digital book and the success continued into early 2017. Based on the revenue on the growing interest in my content I started to think: Why not take the leap?
Conquer Your Fears
At the start of 2017 I had just switched Jobs so I hadn’t planned to become self-employed anytime soon. I guess you can never really plan for it..
In March we made a short trip to New York (we live in Europe) – nothing really special from the outside but it somehow changed everything.
First, I am afraid of flying. It get’s better, but I hadn’t been on a plane for more than 2 hours and also only a handful of times before. But I knew I had to fight this, so we booked the trip and everything turned out better than I could have hoped. All went well and the trip was amazing.
When I was back at my work after that short vacation, I somehow felt I was in the wrong place. Not because of the work itself, but because I knew what I was capable of. I knew I could do more, different things, things I would never do in a traditional job. I could turn my passion into my own job.
So after a week of over thinking everything and what could happen, I handed in my notice and would start being a solopreneur on 1st of April. The decision was not easy, but you can’t plan for everything and there’ll never be the perfect time for an adventure like this.
Although I had plans for what I would do once I was on my own everything should change again… Expect the unexpected!
While the sales of my previous eBook dropped I was already launching another project – my membership site called the Ionic Academy.
I did a good job creating a buzz and a nice prelaunch interest in the page but my expectations for the launch were rather low (not always an optimist).
I hoped for a few signups here and there to get some basic passive income although the page requires monthly work (let’s not open the passive income battle here).
During the launch week I got around 100 signups. I was blown away.
This project has become my main focus since then, and by now has grown to almost 300 members. My monthly basic income is almost secured by the income of one single platform.
I don’t say this to brag, it just happened and still amazes me each and every day.
I’m thankful for the people who pay money for content I produce. A feeling I had never gotten out of any traditional job in a company where your work is only a tiny part of a much bigger picture.
These people deserve value, so I’m mostly focused on growing that platform plus the content marketing through my main Blog I had started and established as an authority one the subject.
All of this would have been not able without building a following and being seen as an expert in that niche for quite some time.
It is prove that you can earn money online. You are not too late.
This project already takes most of my weekly time, but a few more events also happened this year.
This one was planned and not really unexpected. In July this year I got married to my amazing wife Wencke and the party was in one word perfect.
We also decided to take her name, so that’s when I changed not only my family status but also my last name on the paper. I’m since then official Simon Grimm (hopefully easier to pronounce for my english friends).
During our honeymoon time on Mallorca I was able to take 2 weeks off from my business while everything still continued to work.
These are some of the benefits of creating something close to passive income – everything works without my being active doing something.
Of course I had prepared for those 2 weeks long time before: Courses were recorded, blog posts written and social media updates scheduled.
Everything can be automated or scheduled today, so good preparation is all you need!
Living from your own work is not for everyone. It can be a daily struggle, and I get stressed about things all the time.
Why are signups dropping low?
Is this project worth the time?
Should I do more?
You can get overwhelmed by everything, and you have to control your mind. Meditation is a good practice to keep your sanity, and I can’t recommend the Headspace App enough to everyone.
The daily struggle with self-doubt can be hard, also being alone at home every workday. All of those fears and thoughts might be a good idea for a next post?
So far I’ve been able to balance my time working and taking time off quite good. I’m super intrinsic motivated so I don’t really have problems like binge watching Netflix all day or playing games.
Make a plan, pick your priorities and get to work. That’s the only way to make constant progress.
Seeds Have Been Planted
Besides the main income from my membership site I have a few other projects (like this Blog) which either already earn money or hopefully will in the near future:
I’ve been doing consulting work coding Apps, I’ve spoken at different conferences, I gave a 3 day workshop, I’ve written printed articles and lately we have founded a company with an old friend of mine.
The official launch of our product will happen in 2018, but it has been a lot of work already and still will be over the next time to make everything work and improve.
It will be another subscription based service, so this income might one day add onto my other income streams as well.
That’s also part of the bigger picture – create as many different mostly passive income streams to live from.
This year was epic. Everything changed, and I’m thankful for the changes that took place every single day. But I know it’s been only 9 months, this is only the beginning.
After planning some goals for 2018 I’m pretty sure about the theme:
2018 will be the year of Growth!
I’ll grow my existing projects, perhaps reduce the work where I trade hours for dollars to create more streams of passive income (the next book is already planned) and hopefully grow on personal level as well – San Francisco I will be there!
But of course we can only plan some degree – I’ll be excited what else might come or happen!
What is your theme for the next year? Did something great happen for you this year?
Let me know below, I love all of your stories!