Direct from the desk of Dane Williams.
What’s your number?
Judging by the bump in engagement, it seemed that yesterday’s hustle culture is bullshit blog struck some kind of nerve.
Whether you agree with that statement or not, the engagement certainly made me lol.
Have you ever wondered why Facebook and Twitter design their algos the way they do?
Because pitting two passionate sides against each other head to head means they can’t help but engage.
And engagement means ad revenue.
This is a prime example of this concept at play out in the wild.
Let’s just say that my copywriting spidey senses are tingling like nothing else.
Fun :)
Lol, I still think hustle culture is bullshit
But there was more to that particular blog post than getting up people’s goats.
I do genuinely believe that hustle culture is bullshit.
I’ll say it again.
If you’re going to go to the next level, you don’t need to work harder.
You need to put yourself in a position to make life changing money.
That’s all.
That certainly doesn’t mean working like a slave.
It just doesn’t.
There are smarter, more efficient ways to get to that point than endlessly hustling.
And in the world of crypto, it means making your money work for you.
Yes, OBVIOUSLY you need to work in order to build your base capital.
Then have the discipline to not blow it on dumb, thoraway shit you don’t need.
(There you go hustlers, take this as a moral victory and hustle away.)
But once you start down this path, having your money in the right places can mean that you incrementally need to hustle less, while actually receiving the same output.
In this corner of the digital world, you actually don’t need a ridiculously large amount of startup capital to achieve life changing money.
Hear me out.
What’s your number?
Do you have a number that you want to get to where you can start withdrawing to pay yourself a wage?
You do.
I know the topic of withdrawing is taboo here on Hive, but there’s no need to be ashamed.
Everyone has a number (and if you don’t, then get one).
Going back to yesterday’s blog post again, I bolded the following excerpt for a reason:
For many of us here, starting with the goal of a passive $50,000 USD per year salary and figuring out how high your crypto stack of income generating digital assets needs to be in order to reach that number, is key.
So a $50K USD yearly salary is as good a place as any to set a base.
Meaning that it’s your initial number that you stop and allow your income generating stack to start paying you a wage.
Remember that depending on how and where you continue to allocate your base capital, you can always make that number go up or down.
Just by keeping things just in the Hive/LeoFinance/Cub ecosystem, you have a range of yield earning options at your fingertips.
Each with varying degrees of volatility and price risk.
From 12% on Hive’s HBD.
To 100% on Cub’s bLEO:BNB LP.
All the way up to PolyCub’s still ridiculous 766.61% on xPolyCUB, you certainly have options that cater.
Start doing the math.
How much of a base do you need to get to $50K per year?
Play with the numbers if you allocate certain portions of your stack to different platforms featuring varying levels of risk and reward.
Likely you’re not going to have the base capital to get there in one hit.
So, start breaking it down into monthly goals needed to hit your target.
It can be done and I’m going to keep going down the rabbit hole to lay out the roadmap.
Best of probabilities to you.
PS. What’s your number?