dropping out of the rat race

Looking for escape the rat race UK? What does escaping the rat race mean to you? For some it is moving to the county. Others long to escape their mundane job and live a different life. Whatever your reasons for searching for “escape the rat race uk”, I’m willing to bet that money is a factor. I longed to escape the rat race too. I looked for a solution for working in an unfullfilling job, never having enough money and a desperate feeling that I was missing out on something.

Escape The Rat Race UK

escape the rat race uk

I looked to the internet as a means to earn an income several years ago. I longed to work for myself and I hated the lack of power I always felt in the low paid jobs I was always juggling to make ends meet. I felt like a victim in my circumstance and I wanted out!

Starting with buying and selling things on ebay I progressed to a different business model. I saw the potential in selling digital downloadable products on the auction site. You can read about how I used to make money on ebay in my article how to start a profitable ebay business. It was the simplicity of setting up automated sales which struck me as the best business opportunity to pursue. Once it was set up, it basically worked 24/7 on complete autopilot. I bought a few products like this myself, in order to learn how to do it.

Dropping Out Of The Rat Race – Selling Digital Products Online

For me, escaping the rat race was a matter of creating time and money. I wanted a business model which meant I could choose my working hours, work for myself with no boss, and earn a great income to boot! With an internet based business you can also work anywhere globally and are not tied to a physical place. Â I also wanted a purpose and a job I was passionate about. I didn’t believe in what I was doing in most of my jobs. It wasn’t me!

This idea led me to affiliate marketing, (after a lot of experimentation). Affiliate marketing lets you sell other people’s digital and physical products over the internet.

This is a great model because you can scale itÂ and benefit from automated sales which happen over the internet. Digital products in particular caught my attention because you can earn 40-50% commission on a sale.

Why Affiliate Marketing?

escape the rat race uk

Affiliate marketing gives anyone the opportunity to escape the rat race. If you found this article by searching for “escape the rat race Uk”, you might be looking for something like affiliate marketing. There are a few reasons why I ended up doing affiliate marketing. At first I was simply looking for alternatives to having a boss and working a normal job.

I hated routine and I didn’t like having to turn up again and again in a job. I spent a lot of time doing ebay and it was a simple purchase of a donwloadable product which struck me as the perfect ‘lazy’ sales model! Simply click a few buttons and you have purcahsed an item. The product is delivered automatically over the internet. There’s no stock to deal with or customers to talk to. It’s the ultimate selling machine!

Before I came to find affiliate marketing and this model in particular, I tried lots of other methods of making money online. I built hundreds of websites too. I wasted a lot of time and almost threw my laptop through the window on countless occasions! However, affiliate marketing was the best bet for me. All the other strategies fell short for me. So I set off on a quest to make a business out of affiliate marketing.

Escape The Rat Race UK – Which Model?

I tried many affiliate products online and stuck withÂ this model which offers a sound strategy in terms of leverage – (See trading time for money trap). There are thousands of products to sell online and you can choose between digital products and physical products. Digital products offer the best commisions – up to 50% in some cases so itÂ made obvious sense to choose digital products over physical products. I still struggled and was still doing things which didn’t prduce results. It was the methods of generating website traffic which was the main sticking point. I choose a product to promote which also gave me the right training and education. I struggled for years on my own before I realised the value in this.Â

A good affiliate business model should also offer:

High ticket commissions – make more per sale in commission
Memberships – offer you an income for the ‘lifetime’ of each customer.
Multi-tier sales – You can build a team and earn from their sales
Built in sales team – closing sales on your behalf.
Up-sells – a range of products to offer existing customers.
Pre-built sales model – Including sales funnel, landing pages and email follow ups which you can instantly benefit from. (This saves a heap time)

Get started today with your own internet business.

Build up your internet business around other commitments
Work from home or from anywhere with an internet connection
Anyone can learn this even without prior experience

Opting out of the rat race isn’t always that easy. Most people already have bills to pay whenÂ they see the futility in trading their time for money. They already have a mortgage or rent to pay every month, a car to run, food to buy and various other outgoings. This in itself is part of the rat race. We have ‘bought into’ this realityÂ because we are taught it.

By the time we realise we are trapped, it is so much more difficult to escape. When the bills start overtaking the income, debt builds up. When it does you begin to fall behind. You now have interest to pay on your debt, and this can suck all the joy out of your life, and lead you into a downward spiral.

Opting Out Of The Rat Race

opting out of the rat race

Opting out of the rat race seemed like the obvious to me. I despised the 9 to 5 and most jobs stole my joy and made me feel repressed and miserable. I longed for ‘freedom’. But the freedom I had came at a price. I never had any money! For several years I lived in a run down house in the middle of nowhere, I was living on benefits and doing the odd job here and there.

I lived quite a ‘free’ life in many ways but the price I paid was in having no money most of the time. I had time freedom but no money freedom. Opting out of the rat race had come at a price. Money. I wanted a means to keep my time freedom while making money. But every job seemed too high a price to pay – theyÂ took all my time. By the time I had paid all my bills, rent and costs of running a car, I had nothing left.

I searched for another, better method of making money by using the internet to sell digital products online.

Paying Yourself First

My father lent me a book called ‘The Automatic millionaire’ by David Bach. This book taught a lot of money principles. The kind we should all be being taught at school. One main principle is that of paying yourself first. Rich people understand this principle. Basically it means paying your wage into a savings account before you spend any money. Most people pay all their bills and then spend what’s left. Wise people pay themselves first. The small amount of money they pay themselves gets deducted straight away from their income. So they learn to live on less that their wage.

The interestÂ which builds from this savings account compounds over many years to generate larger sums of interest.

Pay Off Debt

Paying off debt is more important because you pay interest on that debt. It’s worth paying off debt with savings because the interest on debt is likely to be far greater than the interest on your savings. Paying off debt and lwoeing your outgoings is a main principle of opting out of the rat race. When debt builds you pay interest. Many people borrow to buy things and then pay the minimum amount off each month. That will keep you in debt forever. Your debt will grow and so will the interest.

Control Your Desires

It’s not always easy to make money income. But haveÂ far more control over what you spend. In The Automatic Millionaire David Bach talks about another money principle called The Latte Factor. The Latte Factor refers to those little ‘treats’ you get for yourself every day such a a cup of coffee – a latte! In a single day this might seem irrelevent, especially if you’re looking at a mountain of debt.

However, if you just spend Â£4 on a latte every day, over the course of a year you will have spent Â£1460. If you also get yourself a biscuit at Â£2 too, you will spend Â£2190 over the course of a year. Look at your little habits and you will soon see you can increase your income simply by giving some of them up. How much do you spend on cigarettes, coffees or alcoholic drinks every week? How much does that make over the course of a year?

Don’t Trade Time For Money

The limiting factor with a job is that you trade your time for money. Time is always limited. Even if you made Â£60 per hour, you are still trading time for money. You can’t stop working, or the money stops coming in. Finding a business model which allows you to sell over the internet without having to trade your time means you can leverage the internet to make money. The internet lets you trade other people’s products to a global audience. You can sell products over and over again, making money from multiple sources. Learn how here.

Pay Off Your Mortgage Early

Paying just a little extra on your mortgage (if you have one) every month means you can shave years off its duration. It might mean having less holidays, a smaller car, or making do in other areas but it will save you a lot of money in interest. Plus, once its paid off you are mortgage free. Having less outgoings means your income will stretch further every month you are without it. Paying off your mortgage early is a great way to start opting out of the rat race.

Dropping Out Of The Rat Race

If you’re serious about dropping out of the rat race you also need to have a look at what lifestyle choices you have bought into. Do you have a lot of stuff? Do you need the very latest model of car to keep up with the neighbours. Having a high price on your self image means you are already tied into needing money. The money you save by having a more modest facade, can mean you have a whole lot more freedom in your life. Take stock of your jewellery, car, posissions and house.

How much energy (and money) goes into your external appearance and the image you attempt to portray to the outside world. In David Bach’s book The Automatic Millionaire he calls this “Big hat no cattle”! It’s like trying to give the impression of being an important person with impressive and expensive material possessions, but without having the ‘cattle’ of business to back it up. Are you ‘big hat no cattle’. I was, and this struck a cord with me. I wanted the external ‘trappings’ of wealth but didn’t have a business to fund it!