To put it in another way:
If for some reason Fiverr disappeared today, How do you intend to live for the next 6 months?
I’m sure Fiverr isn’t going down anytime soon nor do I wish downturn for any of the esteemed sellers here. But I ask this question for a much needed reckoner on how fragile 3rd party marketplaces can be and how important it is to have a Plan B.
I was earning comfortably if not fabulously for a couple of years and then suddenly: My Gig ranking dropped. Like, from first row of the first page to fifth page! Needless to say, earnings dropped to 1/3rd and been a tough period. This was about 2 months back. Fortunately things bounced back and everything is fine right now. However, that experience made a lasting impressions and came upon me a realization on why you should NEVER put all your eggs in one basket.
I don’t have a Contingency fund right now but working towards it. Forwarding 20% of my earnings to Mutual Fund investments and began working on a Web project that I intend monetize with ads. Let’s see how it goes.
So tell me, what do you intend to do?