Saturday, March 26, 2011

Don't Put All Your Eggs in One Basket

Recently someone I know lost one of their writing jobs. They were freaked out and unsure how they would be able to pay bills. This reminds me to never put all of your eggs in one basket.

What this means is to work for more than one place. If a new place is hiring, it does not hurt to apply. It is great to have options available for many reasons.

One thing is if you ever lose a job then you won't be scared. You will know that you have other options available and work to do. Yes it might take a second to regroup, but you can still pay your bills.

It is also really nice to have money coming in all the time. Different places pay at different times. Don't you love the idea of getting money every week instead of just once a month? Working different places can help you to make sure this happens.

Work dries up sometimes. You will not be able to find good titles for yourself with certain companies. Instead of just taking time off work you can go to another place and find jobs for yourself.

Find the place that you can make the most money in the shortest amount of time and work there the most. Keep your other places and work there enough to not lose the job. You will thank yourself for it later.


  1. Balance is a great way to look at WAH income. The sources of income have a ebb and flow to them. If we continue to have multiple streams bringing us options we don't have as much of a need to panic when we find one resource dry.

  2. You really do have to diversify with any sort of freelance income. I've never quite understood people who just go whole hog on anything like that- it's not a safe way to play it.

  3. I absolutely paid the price a few years ago for relying on one source before I realized how many WAH opportunities were really out there. Though I have my places I prefer to work over others, now I know that I have many back-ups if one places dries up. Great post!

  4. This is so true, but then again, there are many jobs that if you lose it you could be screed because your other ones you don't make as much or don't pay more frequently than once a month.

    Also, haha on the (possibly unintentional) funny there :) Eggs in baskets.. cuz it's almost Easter :)