One of the best ways to escape wage slavery is to understand how it works. Most people will get a job because it gives them financial stability. They work regular hours and this gives them a pattern to build their lives around. But the job can be taken away at any minute by their employer, so ultimately there’s no real security in a job.
Once you have established yourself in a job, you get comfortable with a regular wage. This comfort is part of the the trap and most people will slowly begin to live beyond their means. They will acquire a car on credit, or buy beyond their (immediate) means using a credit card. They get a mortgage on a house they want, which ties them to their agreement for decades.
Once these ties are in place, it becomes impossible to leave a job because it would now cause such instability as to be traumatic. Each purchase that you couldn’t afford entrenched you further in the job. This means you’re trapped in it and even if you wanted out, there’s no option! Over time, even the best job in the world can become tiresome and especially in later years you realise you want your time back; either to travel, spend with family, your partner or friends.
Things become less meaningful compared to your peace of mind and you realise you’re trapped.
Escape Wage Slavery
Can you really escape wage slavery? Working in a job is what most people do to earn money. They trade their time for money which limits their ability to earn. Even in a well paid job, there’s a limit because there’s only so much time in the day. To escape wage slavery you need to change this relationship you have towards earning money.
Of course you can always get a better job; more money by earning more per unit of time. But you’re still trading time for money. If you stop showing up to work, you stop getting paid.
What’s even worse is if you’re working a job and living beyond your means. Slowly you are falling behind, building up debt that you can’t afford to repay. The is a downward cycle which leads to more and more debt and traps you in a job. There’s a few ways you can control your spending to escape wage slavery. See also money habits of the wealthy.
One way to escape wage slavery is to use products instead of time. With product sales, there’s no limit to how much you can make. Your time can be freed up since you’re no longer trading your hours for money. With a clever business model called affiliate marketing you can even use other people’s products to generate sales online. You can also automate the process which removes your time from the equation. Use products instead of time if you want to escape wage slavery.
Escape Wage Slavery – Affiliate Marketing
Affiliate marketing is a popular online business model in which affiliates can earn commissions based on the sales of other people’s products. Anyone can become an affiliate and earn through referrals. It’s a little like recommending a restaurant to a friend; only when your friend visits the restaurant and buys a meal, you earn a referral fee.
What’s good about affiliate marketing is that you can build up an affiliate income alongside a job and it can give you some leverage. In a job your income is always fixed to the amount of hours you work. But with affiliate marketing you can build automation into your business and make money independently of your time.
Over time and if you put enough effort in, your affiliate income can overtake your employment income and you can leave your job permanently!
Escape Wage Slavery – How Does This Work?
There’s a few ways in which affiliate products can help you escape a job. Affiliates use all kinds of tools and software to help them promote and sell affiliate products. Many of these can be automated and scaled up so you can reach a global audience and sell without personally being there. Affiliates use identifiable affiliate “links” which are tracked back to them so they can earn credit for making online sales.
One of the largest affiliate programs is Amazon. Anyone can join Amazon’s affiliate program and promote any product from their vast selection. When you make a sale through your unique affiliate link, you earn a commission. The products are shipped directly to the customer and you don’t have to deal with product inventory, shipping or customer service! Your sole job as an affiliate is to refer products through your affiliate links.
Types Of Affiliate Product
There’s various types of affiliate products available to promote as an affiliate. Amazon’s product range is mostly physical products but you can also promote and sell digital products and software. These kinds of products can be the best to sell particularly if they carry recurring commissions. Recurring commission affiliate programs let affiliates earn ongoing commissions for referring a sale.
A single sale of a recurring commission product can give you a monthly income for life potentially! So it’s worth choosing your affiliate products carefully since a sale of a physical product is typically worth much less. See affiliate marketing commission rates.
High ticket products too are worth looking into. With a high ticket product an affiliate can earn considerably more than with standardly priced items.
Use Of Automation In Selling
Affiliates use automation to promote affiliate products. Some of the techniques they use involve the use of online advertising platforms such as Google Adwords, Facebook, YouTube etc. In conjunction with using advertising platforms, many affiliates use automatic email marketing software. An email “autoresponder” is one of the most popular tools which affiliates use.
The email software allows affiliates to collect subscriber’s email addresses from a website and deliver a series of automated messages promoting affiliate products and services. Top affiliate marketers build lists into the hundreds of thousands of subscribers. A single email sent out can earn them thousands in commissions when their email list is large enough! Plus this can all be done on complete autopilot!
Can Anyone Become An Affiliate?
Anyone with a laptop and internet connection can apply to join an affiliate program and get a unique affiliate link which they can promote. The hard part of affiliate marketing is sticking with it long enough to start generating sales regularly. Many affiliates will quit in the early stages of this business so it’s worth getting help and support if you intend on building an income from affiliate marketing.
Access a free video series to learn more about it here.