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Many successful entrepreneurs started by using their regular and steady income tobuild the foundationfor their ventures.
Entrepreneurs whove done this alreadyexplained how to make it happen.
As income comes in, no matter how small, put it back into the business.
We started with $40 logo designs andsmall analytics projects, reinvesting everything.
Prioritize Recurring Revenue
Your goal should be to create recurring revenue, Sfingi said.
Seek retainers, subscription models or repeatable services that guarantee cash flow.
For example, a $250 per month contract beats a one-off $1,000 gig in long-term stability.
Her company has addedcreative passive income streamsto their business such as selling Photoshop templates to other graphic designers.
This compounds over time.
Our first agency clients came from past Upwork connections.
And only consider full-time entrepreneurship when your side income is consistent enough to sustain the transition, Sfingi said.
It was an easy way to keep aside additional funds for something grand, without changing my lifestyle.
Treat it like a recurring bill you cant skip, and watch those small contributions build up over time.
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