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Welcome to my Journey to Financial Freedom! πŸš€

James Shaw
James Shaw
Hey everyone, hope you’ve had a great week! πŸ‘‹πŸ»
I recently quit my full-time role as a Software Engineer to fulfil my ambition of leaving the 9-5 and becoming financially free. πŸ™ŒπŸ» To make the journey more fun, I’ll be sharing it in public via this newsletter. I’d love to have you along for the journey. πŸŽ‰
Let’s see if I can make it! πŸ‘ŠπŸ»

πŸ™ŽπŸΌβ€β™‚οΈ About Me
I’m James! I’m 26 and live in York, UK. πŸ‡¬πŸ‡§
Since graduating from University in 2016 with a degree in Computer Science, I’ve worked full-time as a Software Engineer building mobile apps for iOS and Android. πŸ“±
It’s been a fun 5 years and I’ve learnt a great deal; but as time has gone on, it’s become more and more apparent to me that working 40 hours every week for little reward isn’t for me.
Since school, I’ve always had the ambition of not being reliant on a 9-5 job; where time is traded directly for money. The dream is to earn money whilst you sleep, and the age of the internet and remote working presents a great opportunity to try make this ambition a reality! πŸš€
Financial freedom is the goal; and in turn, doing what I want, when I want. So that’s what I hope to achieve in the next few years! πŸ™ŒπŸ»
James Shaw
πŸ“Œ I have some rather big news... I quit my job! πŸ‘€

I'm super excited to embark on an entrepreneurial journey of full-time indie-hacking, content creation, investing and freelancing! πŸŽ‰ I can't wait to get started! πŸš€

Let's see if I can make it! πŸ‘ŠπŸ»

#indiedev #indiehackers
πŸš€ What's the Plan?
The key to financial freedom is developing multiple passive income streams. So my focus over the next few months is developing new passive income streams whilst also enhancing my existing ones.
Currently I have 4 main income streams; each with different levels of passiveness;
  1. πŸ’° Salary - Full-time salaried role as a Software Engineer trading 40 hours of time a week in return for a stable monthly income.
  2. πŸ“± Mobile Apps - Indie-hacker side projects that are currently available to download on the iOS App Store.
  3. πŸ“ˆ Investment Funds - Vanguard investment funds generating a solid monthly income and managed by a financial advisor.
  4. πŸ“Š Stock Market - A smaller pot of money that I invest in individual companies on various stock markets.
As I have quit my full-time Software Engineer role, my stable monthly salary will no longer be a thing. So here’s the plan for what I envisage my income streams to look like going forward!
  1. πŸ‘¨πŸΌβ€πŸ’» Indie-Hacking - In addition to my existing portfolio of mobile apps; use my skills as a Software Engineer to build new software apps and tools that I can monetise.
  2. πŸ“ˆ Investment Funds - Keep topping up my investment funds to continue making a solid, stable return on the pot of money.
  3. πŸ“Š Stock Market - Do further research into the stock market and use this to take investing in stocks more seriously.
  4. πŸ‘¨πŸΌβ€πŸ« Online Courses - Publish online courses on Skillshare, Udemy and Udacity sharing my iOS development knowledge.
  5. πŸ“˜ Ebooks - In addition to online courses; use similar content to create a paid ebook.
  6. πŸ’» Freelancing - Use my skills as a Software Engineer to develop software for freelance clients.
  7. πŸ“’ Doing it in Public - Sharing the whole journey in public via blogs and other mediums could present opportunities that can be monetised.
So that’s the plan! πŸ‘€ I’m going to push myself to come up with new ideas and different strategies in order to reach my goal. AND I’m going to share the journey with you via this newsletter.
πŸ’ͺ🏻 Time to get Stuck in
So, here we go then; the start of my entrepreneurial journey to financial freedom! πŸš€ So, fasten your seatbelts because I’m pretty sure it’s going to be one hell of a fun/terrifying/crazy/cool journey together! 😎
Want to get more insights into what I’m doing on a day-by-day basis? Follow me on Twitter. ⬅️
If you have any questions or suggestions; feel free to reply to this email and I’d be happy to help whenever I can. 😁
P.S. If you enjoyed reading this newsletter, I’d be immensely grateful if you shared it with your friends. Thank you!Β πŸ™
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James Shaw
James Shaw @jsh8w

I'm a Software Engineer starting my entrepreneurial journey of full-time indie-hacking, content creation, investing and freelancing! πŸŽ‰ πŸš€

My end goal is financial freedom. πŸ’°

To make this journey more fun, I'll be sharing it in public via this newsletter. Subscribe if you want to follow along! 😊

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