How You Can Earn a Living at your Keyboard in the Philippines.
A couple days back I wrote about my friend Willard who got sold a “bill of goods” on some ranch land he bought in Colorado, and instead of bitching about it, and laying down and taking his losses, made a handsome paying, healthy business out of what at first looked to be a really bad thing.
You should read the article here: Business Ideas With a Lot of Potential
Basically Willard followed Dave’s Business Rules and he found a need for his otherwise worthless clay and he filled that need, at a very nice profit.
But Why Am I Writing About Willard Again?
- 0.1 But Why Am I Writing About Willard Again?
- 0.2 Willard Wanted to Move to the Philippines
- 0.3 Dave’s Rule Number Five
- 0.4 Willard Asked For Help
- 0.5 Was Willard Really Stuck in the USA?
- 0.6 How Could Willard Get Paid?
- 0.7 But What About My Bills?
- 0.8 So Willard Wasn’t Stuck At All, At Least IMO
- 0.9 There’s More, But I think You Get The Idea.
- 0.10 So What Do You Think Now, Was Poor Willard “Stuck in his Truck”?
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Well that’s pretty simple (and highly Philippine-related) to explain.
You see I knew Willard for some years back in the USA. In fact Willard is directly responsible for one of my other sideline businesses, a story for yet another day.
Willard Wanted to Move to the Philippines
But today’s story revolves around the fact that Willard is an older, single man living through the brutal winters of Colorado and even though he was making good money, he had to get up early every morning, load his truck, drive his truck, and then come back to an empty house, eat some beans for supper and then get up early again the next day to do it all over again.
Willard’s work was where he lived, back there in Colorado.
Dave’s Rule Number Five
You don’t have to live where you work. Or, to put it another way, you don’t have to work where you live.
It sounds simple but it’s one of the basic business concepts I have the most absolutely difficult time getting across to folks, yet it is one of the most profound, often life-changing concepts you will ever see presented to you.
You don’t have to work where you live. Read it through again. It takes a while to sink in.
Willard Asked For Help
You see, on one of my trips back to Colorado (God but I have grown to hate that “police-state” state), I met up with Willard at one of my old ranchers and truckers coffee shop hangouts.
Willard got to talking to me about life in the Philippines and told me how much he would like to try living in the Philippines himself, but how he was “stuck”, forever, where he was earning his living in Colorado.
Willard’s a really nice guy and quite interesting to talk to, but you know the old “woe is me, I’m struck here, poor me” refrain gets mighty old after a while. What do you think?
Was Willard Really Stuck in the USA?
If you answered yes, I strongly suggest you go back three paragraphs and re-read Dave’s Rule Five, because it’s clear that you haven’t ben actually reading for comprehension.
These are some facts and suggestions I made to Willard:
1. Your business is mining clay that you own and delivering to a paying customer, correct?
Why does that require you, personally, to be the one who does the work?
I mean it isn’t as if you were Willie Nelson getting paid to personally do a concert, correct?
Well Willard thought about that a bit and then shared with me that he had actually been thinking about that for some time. Willard’s gross income from the hauling he was doing averaged out to about $3 a loaded mile
(everything the trucking business sooner or later breaks down to miles, so we might as well use that as our major yardstick).
After paying for fuel, tires, truck maintenance, and an allowance going into the bank to eventually buy a replacement truck, etc., etc., there was still plenty money leftover to pay a driver to do the actual driving.
A good rate of pay at the time, comparable with major trucking companies at the tome, was about $ 0.50 a loaded mile.
Easy enough to find a licensed, experienced truck driver at that rate, especially, unlike 90% of commercial trucking jobs, this one had regular days off, and home every night.
There are truck drivers who have worked for 30 years and never found a gig that good.
No need for Willard to be in Colorado to drive the truck … he could even be in the Philippines.
But, said Willard, how will I keep tabs on that driver?
A good question, but simple to answer.
For way less than a dollar a day Willard couple have a commercial grade GPS tracker installed on his truck.
Anywhere in the world with an internet connection, Willard could have a complete record of when the truck started in the morning, a log of who started it (by using a system with a special electronic key the driver carried with him), theft protection (only Willard’s driver’s electronic key could even start the truck), where the truck went, how far it went, how fast it went, where it stopped and when the driver logged out and shut down the truck at the end of the day.
How Could Willard Get Paid?
That’s really simple enough. Willard was already getting paid electronically. Each trip to the brickyard they weighed his truck going in and coming out (Full minus empty weight equals weight of clay delivered.) on a recording electronic truck scale. Every two weeks they multiplied the weight delivered by the agreed upon rate and direct deposited the money in Willard Credit Union account. Accessible world-wide by means of check, ATM card or electronic bank transfer.
Can’t get much simpler than that.
But What About My Bills?
What abut Willard’s Bills? Well Willard paid all his monthly expenses via the same credit union that I use back in Colorado, Security Service Federal Credit Union.
Some bills were paid directly to vendor’s websites, like his fuel bills which were all on a credit card, and other bills which required a paper check, were also paid free by the credit union sending a paper check to any person or company in the USA.
So Willard didn’t have to be in Colorado at all to monitor, minute by minute, the truck and driver’s performance, his bills and basically any unscheduled items that came up.
So Willard Wasn’t Stuck At All, At Least IMO
And when I explained a few things about credit cards, Willard switched to a card that paid a rebate in airline miles for every purchase … like thousands of gallons of diesel fuel every month.
Guess what? Willard’s normal month to month expenses would earn him more than enough every year for a free airline round trip ticket, so he could go back to Colorado every year at zero cost.
There’s More, But I think You Get The Idea.
There are probably only a very few readers who earn their money with a truck here, so I won’t go into a lot of the more boring details.
Except one very important detail that applies to anyone who lives here in the Philippines and earns money from outside the Philippines .. almost $100,000 a year of earnings Willard might make would qualify to be excluded from his US Federal Income tax … and as a single man, that would be a real “pot sweetener” for Willard.
(always use a professional tax advisor, don’t take my word for it,but exclusion of foreign earned income for me works pretty darned well for me and many other US expats, no reason not to think it will work for Willard or you, yourself for that matter).
So What Do You Think Now, Was Poor Willard “Stuck in his Truck”?
Remember the rule. You don’t have to earn your living from where you choose to live.
Americans at talking the talk about having “Freedom”.
Will you take the initiative and “walk the walk” instead?
Talk or Walk, the choice is yours if you want to Earn a Living at your Keyboard in the Philippines.