Avoid These 3 Common Mistakes When Developing Your Portable Income

My journey helping Baby Boomers make the transition from career to portable income began almost 15 years ago.

It started first with a few friends who were “aging out” of their careers like I was. They wanted to “pick my brain” on how to get moving in a direction that offered them more independence and flexibility without the inevitable age bias that was palpable in corporate and small-business America.

When the 2008 economic crisis (far too polite a term for it) happened many Baby Boomers where hit with a double whammy…huge losses in their portfolio and retirement funds and insufficient time in their career to recover.

The trickle of interest in portable careers turned into a raging torrent.

With the benefit over a decade helping Boomers make the transition from office jobs to portable careers, I’ve noticed a few things along the way…things that work well for anyone looking to make their career portable and lots that don’t.

Here are the three most common mistakes I come across:

Mistake #1: People are seduced by some crazy internet scheme that promises to make them $10,000 a month in their sleep, with just a few keystrokes on their computer a day.
Fortunately, most Baby Boomers recognize that you don’t get something for nothing.

However, I am amazed at the number of people who get dragged into crazy plans for setting up websites and selling products they know nothing about to people they don’t know. The best way to keep from falling into this trap is to avoid it all together.

Developing a portable income requires careful uncovering of your skills and deliberate effort uncovering exactly where those skills are in demand. (Uncovering those skills is something I’ll help you uncover over two intensive days this fall…all the details are here.)

Mistake #2: People don’t focus on their skills, knowledge, and wisdom. Those are your real assets. Most Baby Boomers have something far more valuable than a simple set of skills. They have skills with 30 to 40 years of tuning, then more tuning, and then fine tuning for decades.

Everyone has a skill that they can turn into a portable income. You just need to understand how and when to apply the rules and then how to make appropriate exceptions.
Which leads me to the third mistake I see…

Mistake #3: Confusing skills, knowledge, and wisdom with your occupation. This one may be the most frustrating to me because I see all kinds of people who could have a good portable income if they would break down their occupation into its component parts.

For example, a business manager probably knows how to do PowerPoint for presentations, maybe Excel for spreadsheets, and might be a good proofreader. All three of those skills are in demand (as are literally thousands of others) but often people can’t get past their current job title to see that they have lots of skills that they use every day…many of which can be turned into a portable income.

I’d like to help you uncover your skills, knowledge and wisdom and show you how you can tune those into a portable income. That’s why I’d like to invite you to my 48-Hour Portable Income Intensive conference that I’m holding in Atlanta this September. Over two days of hands-on mentoring, I’ll show you how to earn from anywhere, doing something you already know how to do…and this is something I can help you do no matter what your age.

I’ve helped hundreds of people turn what they already know into a successful portable income…incomes they have taken to their overseas homes around the world. And I’d like to help you too.
All the details of this jam-packed, intensive two-day program are here. And if you book your place today, you’ll secure your seat with a limited-time Early Bird discount.

Get Your Free Fund Your Life Overseas Report Here:

Sign up for IL’s Fund Your Life Overseas e-letter today and we’ll also send you a FREE report about ways to earn money abroad. Simply enter your email in the box below and we’ll send you this free report: Fund Your New Life Overseas With These 6 Portable Careers.

Get Your Free Report Here


Your email address will not be published.

Alternative URL Language