Naomi Dunford at IttyBiz just posted Why We’re Broke and How To Fix It. It’s about the history of how we went from being Jacks of all trades to being helplessly dependent on so many people for our survival.
At the end, she drops the fact that IttyBiz has made over $176,000 so far this year from six different types of income streams (and if you didn’t know, she used to be homeless). And she’s going to turn this thing into a series. Part 2: how she did it; part 3: how she helped a client make $500 an hour for consulting; part 4: answering our specific questions about creating a “a safe, non-scuzzy portfolio of online income streams.”
It’s free, but you have to sign up to receive the free updates. Naomi uses AWeber, so you know she couldn’t spam you even if she wanted to.
However, Naomi has turned off comments. But you can leave comments here. Go check out her post, then come back and let’s talk.
*** INTERMISSION – Go read Why We’re Broke and How To Fix It, then come back to comment ***
Here’s what I’m thinking. Back in the 1950s, it was OK to be specialized because jobs were safe in the U.S. If your job was to optimize the performance of widget A for company X, you could count on having that same job at the same company for 35 years.
But today, jobs aren’t safe, and you can lose any job through no fault of your own. What happens when company X has layoffs, or shuts down, or moves overseas? You now have to try finding a job with company Y. Only company Y doesn’t make widget A, they make widget B. So what happens to all your years of experience in optimizing widget A? It’s all wasted.
Think that’s a stretch? The last time I went looking for a job as a .NET developer, every recruiter asked if I used C# or VB. Their clients wanted them to ask, but I had to explain to the recruiters that these languages are functionally equivalent, they have only minor syntax differences between them, and anyone can switch between the two. So whatever the client wanted, that’s what I had.
Somehow we’ve been reduced to a skill set that keeps getting narrower. Shouldn’t things like performance and drive matter a lot more than what model of widget you worked with?