Menu Close

‘I work just 5 hours a week’

I by no means was the entrepreneurial sort. But after dropping my job as an audio engineer in 2009, I needed to get inventive to make ends meet.

Thirteen years later, at age 39, I’ve constructed two on-line companies that earns me a mixed $160,000 a month in passive earnings. I additionally lately revealed a e-book, “How to Get Paid for What You Know.”

The first enterprise I began was The Recording Revolution, a music and schooling weblog that sells music manufacturing programs. The second, which I began in 2018, teaches individuals find out how to earn money off their passions, like I did. It’s probably the most profitable enterprise, due to on-line course and training program gross sales, in addition to affiliate commissions.

Graham Cochrane began his first enterprise in 2009. Since then, he is scaled two on-line firms and now grosses about $120,000 per 30 days.

Photo: John Olson for CNBC Make It

Around 2,800 individuals use my merchandise, and my objective is to assist extra entrepreneurs develop their on-line companies whereas working fewer hours.

My high priorities are spending time with household and having the ability to give again, so I’ve arrange my work and private life to have the ability to give attention to these key values.

Here’s what my typical day seems like:

Mornings begin gradual and straightforward

I often get up at 5 a.m. — earlier than the children — as a result of I at all times need an hour to myself. I’ll begin with espresso and my Bible.

After some studying, praying and journaling, I’ll make breakfast with my spouse and wake the children. We’ll spend 20 to half-hour consuming collectively within the kitchen earlier than I drop them off at college by 7:30 a.m.

Then I head again to my residence workplace, or do a fast gymnasium session if I’m within the temper.

(*5*)

Graham and his spouse have breakfast with their children within the morning earlier than speaking by means of their schedule.

Photo: John Olson for CNBC Make It

I work just 5 hours a week — Mondays and Wednesdays

Graham spend about 5 hours a week creating content material and managing his companies.

Photo: John Olson for CNBC Make It

Once a month, I movie an unique coaching for members of my paid group which provides about two additional hours of work per 30 days to my schedule.

I’ve by no means been a fan of the hustle tradition; I do not imagine it is wholesome or clever. If yow will discover a solution to construct techniques into your corporation in order that it principally runs by itself, you need not waste time doing fixed repairs.

After all, what is the level of “being your own boss” in the event you’re working on a regular basis?

Family time is my No. 1 precedence

“My schedule has two non-negotiables,” says Graham: “I pick my daughters up from school every day, and our family eats dinner together every night.”

Photo: John Olson for CNBC Make It

We love going out for walks, swimming within the pool, watching motion pictures or enjoying Nintendo Switch with the children. By spending time collectively, we hope to show them important life abilities like find out how to share emotions and be form to one another. I additionally need them to really feel like beneficial, included family members.

We’re massive on touring, too — each regionally in Florida and world wide. Just a few summers in the past, we spent a month within the South of France. And just this spring, we stayed in Puerto Rico for 3 weeks. Having the time and adaptability to make these sorts of reminiscences collectively is priceless.

Radical generosity a core worth