‘I work simply 5 hours a week’

I never ever was the entrepreneurial type. But after losing my task as an audio engineer in 2009, I needed to get imaginative to make ends satisfy.

Thirteen years later on, at age 39, I’ve developed 2 online organizations that makes me a combined $160,000 a month in passive earnings. I likewise just recently released a book, “How to Get Paid for What You Know.”

The very first company I began was The Recording Revolution, a music and education blog site that offers music production courses. The 2nd, which I began in 2018, teaches individuals how to generate income off their enthusiasms, like I did. It’s the most financially rewarding company, thanks to online course and training program sales, in addition to affiliate commissions.

Around 2,800 individuals utilize my items, and my objective is to assist more business owners grow their online organizations while working less hours.

My leading concerns are hanging around with household and having the ability to return, so I’ve established my work and individual life to be able to concentrate on those crucial worths.

Here’s what my common day appears like:

I generally awaken at 5 a.m.– prior to the kids– due to the fact that I constantly desire an hour to myself. I’ll begin with coffee and my Bible.

After some reading, hoping and journaling, I’ll make breakfast with my other half and wake the kids. We’ll invest 20 to 30 minutes consuming together in the cooking area prior to I drop them off at school by 7: 30 a.m.

Then I head back to my office, or do a fast health club session if I’m in the state of mind.

On Mondays, I prepare and develop You Tube videos and podcast episodes. Potential consumers generally discover me through this complimentary online material. If they like it, they can register for my newsletter and get e-mails about complimentary resources and premium online courses.

I make a portion of passive earnings from these courses. I’ve created my company system to immediately send out e-mails, so the bulk of my work is simply to preserve a consistent circulation of brand-new, complimentary material.

Recording videos and podcasts takes about 2 hours. I likewise have somebody who modifies and publishes the material. My staying hour on Mondays is committed to addressing e-mails or providing suggestions to members of my Six-Figure Coaching Community.

On Wednesdays, I spend time on community interaction, then host a 90-minute live call with my advanced business coaching students.

Once a month, I film an exclusive training for members of my paid community which adds about two extra hours of work per month to my schedule.

I’ve never been a fan of the hustle culture; I don’t believe it’s healthy or wise. If you can find a way to build systems into your business so that it mostly runs on its own, you don’t need to waste time doing constant upkeep.

After all, what’s the point of “being your own boss” if you’re working all the time?

People often ask me what I do with all the extra time in my week, and my answer isn’t the most exciting. I run errands, hit the gym, go to the car wash, have coffee or lunch with a friend, or dive into a good book. Right now, I’m reading “Living Fearless” by Jamie Winship.

But most importantly, I spend time with my family. Fridays are considered as “date day” with my wife. We work out, go out to lunch, catch up on life, talk about the kids, and meet with our marriage counselor.

Lately, we’ve been focusing on how to communicate better when we have disagreements. No marriage is perfect, and the work I’ve put into our relationship has has made me a better husband and father.

My wife and I never compromise on picking up the kids from school together. We want to be home when they are. Our other non-negotiable is family dinner. We sit down to a tech-free dinner every night. Most evenings, my wife cooks and I do the dishes. But we also eat out a few times a week.

We love going out for walks, swimming in the pool, watching movies or playing Nintendo Switch with the kids. By spending time together, we hope to teach them essential life skills like how to share feelings and be kind to each other. I also want them to feel like valuable, included members of the family.

We’re big on traveling, too — both locally in Florida and around the world. A few summers ago, we spent a month in the South of France. And just this spring, we stayed in Puerto Rico for three weeks. Having the time and flexibility to make these kinds of memories together is priceless.

We attend church every Sunday, and often do volunteer work with local organizations that help the unhoused population in our city.

My philosophy is that I make this money so that I can give most of my profits away to charities and my local church, groups that are doing a lot of good in the world.

Right now, my wife and I donate 30% of our income, but we are hoping to eventually give away 50%.

Graham Cochrane is founder of The Recording Revolution, author of “How to Get Paid for What You Know″ and is a business coach to over 2,800 customers worldwide. Follow him on Instagram and Twitter

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