I have never been an entrepreneur. But after losing his job as a sound engineer in In 2009, I had to get creative to make ends meet.
Thirteen years later, at the age of 39, I built two online a business that brings me a combined $160,000 per month in passive income. I also The book “How to get money” was recently published. for What do you know.”
first business I started with The Recording Revolution music and an educational blog that sells music manufacturing courses. second which I started in 2018, teaches people how do money off their passions, like I did. this is the most profitable business thanks to online course and coaching program sales, as well as affiliate commissions.
Graham Cochrane started his first business in 2009. He has since climbed two online company and is currently earning about $120,000 per month.
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Around 2800 people use my products and my goal this is help more entrepreneurs grow their online businesses working less hours.
My top priorities are spending time with family and be able give back so I set up my work and personal life to be able to focus on those key values.
This is what my typical day looks like like:
In the morning start slowly and easily
I usually wake up up at 5 am – before the kids – because I always want hour to yourself. Sick start with coffee and my bible.
After reading, praying, and writing a diary, I will prepare breakfast. with my wife and wake the kids. Well spend eat together for 20-30 minutes in kitchen before me drop them off to school by 7:30 am
Then I head back to my home office or make a quick one gym session if I in mood.
Graham and his wife have breakfast with their kids in in the morning before talking through them schedule.
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I work just five hours per week – Monday and Wednesday
On Mondays, I plan and create YouTube videos and podcast episodes. Potential clients usually find me through this free online content. If they like it, they can sign up for my newsletter and receive emails about free resources and premium online courses.
i do chunk of passive income from these courses. I designed my business system to automatically send emails, so most of my work is just maintain a constant flow of newfree content.
Recording videos and podcasts takes about two hours. I also there is someone who edit and upload content. my remaining hour on Monday is devoted to answering e-mails or giving advice to participants. of my Six figure coaching community.
Wednesdays I spend time on community interaction, and then spend a 90-minute live call with my advanced business coaching pupils.
Graham spend about five hours a week creating content and management of his business.
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Once a month I shoot an exclusive training for members of my paid community which the adds about two additional hours of work per month to my schedule.
I have never been a fan of bustle culture; I don’t believe it’s healthy or wise. If you can find way to build systems to your business so basically runs on yours, you don’t need spend time on constant care.
After all, what’s the point of “be your own boss”if you work all the time?
Family time is my #1 priority
People often ask me what I do with all extra time in my week and my answer is not the most exciting. I run assignments, hit in the gym and in car wash up, drink coffee or have lunch with friend or dive into good book. Now I’m readingLife Without Fear by Jamie Winship.
But most importantly, I spend time with my family. Friday is considered the “date of the day” with my wife. We work outgo out for lunch, catch up on life, talk about children and get to know with our marriage consultant.
Lately we’ve been focusing on how to communicate better when we have disagreements. Perfect marriages do not exist, and work I invested in our relationship made I’m better husband as well as father.
My wife and I never compromise on collection up children from school together. We want to be home when they. Our other non-negotiable family dinner. We are sitting down to tech- Free dinner every evening. In the evenings my wife cooks and I do the dishes. But we also there is out a little times a week.
“My schedule has two non-negotiables” says Graham: “I pick my daughters up from school every day, and our family have dinner together every evening.
Photo: John Olson for CNBC Do it
We love to walk out for walking, swimming in in poollook movies or playing Nintendo Switch with children. By spending time together, we hope to teach them about life. skills like how to share feelings and be kind to each other. I also want feel them like valuableincluding members of in family.
Were big on travel too – both locally in Florida and surroundings world. A few years ago we spent a month in south of France. As well as just this spring we stayed in Puerto Rico for three weeks. Having the time and flexibility to make these kinds of the memories together are priceless.
Radical generosity is the core value
We attend church every Sunday and often volunteer. work with local organizations that help homeless population in our city.
My philosophy is that I do it money so that I can give most of my profits go to charities and my local church, groups that do a lot of good in in world.
Now my wife and I donate 30% of our income, but we hope that eventually give from 50%.
Graham Cochrane is the founder of Recording Revolution, author of “How to get paid for What do you know″ and is business coach to over 2800 clients worldwide. Follow him on Instagram as well as Twitter.
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