Comments on: Gone Fishin'

By: Kate, Lesley & 12K

Kate, Lesley & 12K — Sun, 10 May 2009 01:00:21 +0000

It's pretty good that I can just pack up my laptop and work remotely if something unexpected comes up.. It needs to use the skills and contacts that we have and not require a lot of day-to-day hand holding... Recent blog post from Wedding Planning: A Yellow + Grey + Fuchsia Wedding

By: Joann

Joann — Tue, 14 Apr 2009 14:41:44 +0000

Nice post thank you..It will help if something were to happen to my day job and, if it’s structured correctly, it will generate supplemental income when I stop working. The structure is important. It needs to use the skills / contacts we have and not require a lot of day-to-day hand holding.

By: Alex

Alex — Sat, 06 Sep 2008 03:18:47 +0000

The structure is important. It needs to use the skills / contacts we have and not require a lot of day-to-day hand holding. Easy to say, a lot harder to do, but it’s important that something be in place.

By: maeva

maeva — Mon, 14 Jul 2008 05:35:53 +0000

Just follow up your instinct and people will believe you.

By: Jake

Jake — Mon, 30 Jun 2008 20:40:52 +0000

my business cant last a week w/o me… and that makes for great leverage Man i wish i could go on vacation… :/
-Jake

By: SRYK

SRYK — Mon, 30 Jun 2008 11:30:33 +0000

An offline business cannot run without you for long as well as an online job. Well, when you have sick leaves then its another matter. I do believe that an online job will need your presence 7/7 as im in an online business but for an offline business your absence will not affect the business too much. You described some good and effective informations in your post. Thanks. I will surely consider them and try to improve my business.

By: » Friday Favorites - Women's Health Research News blog from IdeasForWomen.com

Fri, 27 Jun 2008 19:49:08 +0000

[...] Crystal Clayton asks “How long can your business last without you?” if you need some time off? Discussion at: Gone Fishin’. [...]

By: James Hipkin

James Hipkin — Fri, 27 Jun 2008 03:39:52 +0000

It’s not just freelancers who need to worry about this. Salaried employees are never far from a pink slip in today’s dynamic economy. And, for many, there isn’t enough put aside for kids’ college expenses and retirement. We all need a source of income that produces money while we sleep.

I for one have a number of irons in the fire and feel that a second source of income is essential. It will help if something were to happen to my day job and, if it’s structured correctly, it will generate supplemental income when I stop working. The structure is important. It needs to use the skills / contacts we have and not require a lot of day-to-day hand holding. Easy to say, a lot harder to do, but it’s important that something be in place.

By: Kimberly Ben

Kimberly Ben — Thu, 26 Jun 2008 19:42:05 +0000

Crystal,

This has been on my mind a lot lately. It’s so lovely that I can just pack up my laptop and work remotely if something unexpected comes up. But what if something were to happen to me? What then?

I experienced this when my husband broke his back in a car accident right after I had my twins and quit my job. Ouch. He was a solopreneur and it took over six months for him to recover. We lived on my 401k.

This is a serious topic for any solo small business. You presented well.

Recent blog post from Kimberly Ben: Generalist or Specialist? What Kind of Writer are You?

By: steph

steph — Thu, 26 Jun 2008 16:12:16 +0000

I think Jeremy’s got it right: passive income is a very good idea!

Recent blog post from steph: Working on It