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The Money with Katie Show

$40,000 to $200,000+ in 5 Years: Don’t Quit Your Day Job with Cinneah El-Amin

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.81.3K Ratings

🗓️ 6 July 2022

⏱️ 50 minutes

🧾️ Download transcript

Summary

This episode was inspired by a Medium article about a woman’s nine side hustles that replaced her full-time income. After reading it, I couldn’t help but think: “I know our generation loves the glamorized solopreneur thing, but at what point is it easier to just…have a full-time job?” I wanted to explore the obsession with the side hustle, the (unfair) demonization of the 9-5, and—importantly—how to expend energy in a more efficient way for a higher ROI within your traditional career path for those of us who don’t want to become ~online entrepreneurs~. Cinneah of Flynanced joins us for this episode to regale us with her career journey ($40,000 to $200,000+ in just five years!) and has a ton of actionable advice to share for scaling your full-time income and breaking into highly paid technical fields without going back to school. Here's the referenced blog post about diversifying your effort and my side hustles that amounted to nothing. Follow Along Listen to Money with Katie here: https://www.podpage.com/money-with-katie-show/ Read Money with Katie: https://moneywithkatie.com/ Follow Money with Katie! Instagram: https://www.instagram.com/moneywithkatie/ Twitter: https://twitter.com/moneywithkatie TikTok: https://www.tiktok.com/@moneywithkatie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome back rich girls and boys to the Money with Kitty Show.

0:10.0

I'm your host Katie Getty-Tossan and today we are going to talk about something that started

0:15.3

with good intent but has almost surely gone too far.

0:20.2

The demonization of the 9-5.

0:22.5

The glorification of the multifaceted side hustler and the work for yourself revolution

0:28.2

with all of the flexibility and independence and often ignored frenetic context switching

0:35.9

and accompanying insecurity.

0:44.6

I saw a medium article the other day about a woman who wrote about her 9 sources of income

0:51.0

in lieu of a 9-5 job that really ran the gamut and I couldn't help but find myself

0:57.3

feeling anxiety on her behalf as I read about her schedule because it wasn't a collection

1:03.8

of passive or semi-passive sources of income, it was stuff like reselling my clothes and

1:10.0

teaching group fitness classes, incredibly active tasks that take time planning for thought

1:16.6

you name it, something that I can verify personally since I have done both of those things

1:21.1

for money in the past and of course it is possible that she just loves all of these things,

1:25.9

all nine of these things and has built an efficient system for including all of them in her

1:30.2

schedule in a way that's manageable but I couldn't help but think, Jesus Christ, that is a lot

1:37.7

of context switching for any given week and she didn't outright say it but I got the impression

1:44.1

by the way she was writing about it that her collection of side hustles cumulatively made

1:50.5

than her full-time job did by the way she discussed the trade-offs between you know working

1:56.0

her job and quitting it now doing this so it wasn't like this abundance of context switching and

2:01.8

variety seemed to be generating either excess ease or excess income in her life and again

2:08.5

that's not a problem but if you are quitting your full-time job to do a small collection of other

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