Archive for the ‘Monday morning’ tag
Monday Mornings – One Thousand Seven Hundred To Go…
Hip hip hooray, we’ve survived the worst of the Global Financial Crisis… Wait, what? What crisis? Oh that’s right, consumers in too much debt, over their heads, and banks giving it to them. Or was it the media talking about a ‘looming’ crisis, so we stopped spending our money and guess what happened? – A crisis. Make a prediction, instil fear, sit back and watch it pan out, confirm prediction, rinse, repeat.
How does this help you and me and can we learn from it? So we’ve had the GFC, now I’m in the middle of a QLC – Quarter Life Crisis for those of you wondering. I think we can learn from big business and the state of the working world and embark on our own individual QLC, instead of sitting around and waiting for it to happen.
Are you stuck in a job you don’t particularly like? Your finances a bit out of control? Heading down a road that doesn’t look too appealing? You can stop it all and act now, or wait until you’re 35, overweight, sitting on your couch with your second husband/wife and three ‘miracles of life’ running around the house screaming their heads off.
Your own personal business (you) has assets, an income stream, has a research & development department (potentially) and you could (should) also have a business plan, your future goals.
Numbers Game
Let’s say you’re successful, worked hard, took time out to travel in between and managed to retire at 55. Now at 55, you can start enjoying yourself…
Sorry to spoil the party, but you;
- Worked for about 70,000 hours
- Enjoyed getting out of bed 1,700 times on a Monday morning
- Spent almost 15,000 hours commuting in peak hour traffic
And you know those annoying co-workers who gave you the shits? You’ve had to say hello to them every morning – about 8,000 times.
You must have REALLY enjoyed your job.
Hopefully, you’re a few years away from your own personal QLC, so you can ready yourself and be prepared.
The Alternative?
Let’s say you don’t mind a nice holiday, you could spend the next 6 months saving your butt off for your one month holiday, but why not spend the next 6 months setting up a location independent job/income stream and travel indefinitely? Sure it’s nice to go to Bali for a week because everything is SO cheap, but what if you could live wherever you wanted, spend rupiah/pesos/thai baht and continue to earn dollars or pounds?
You don’t know what you don’t know…
If you spent 20 minutes of your lunch break researching, everyday for the next year, that’s the equivalent of 80 hours full time study, two whole weeks! Imagine what you could learn about in two weeks? Here’s the kicker, and you might have to read this slowly for it to hit you, you don’t know what you don’t know. The ultimate chicken/egg conundrum.
Here’s a shortlist of what you could learn in two weeks;
- How to profit unbelievably from a company’s shares that plummet downwards!
- How to make money from a website/blog
- How to reduce your tax rate to around 12-16%
- How to make some pocket money easily using Google
- How to develop a website from scratch in an afternoon!
- How to control $27,000 worth of stock for $1,500.
- How to live a location independent lifestyle, turning your current employment situation into one of no fixed address…
The list could go on for a long while yet, but the idea is to inspire you to take some action! You really ‘don’t’ know what you don’t know, you should have been taught along the way, maybe at a… ‘school’? But hey, if you were taught how to make money without working, then you wouldn’t go to work, follow the ‘normal’ path or be under some sort of …. ‘control’? There’s something to think about!
(And too much of an issue to delve into here!)
28 Days in the Free World
If and when you decide to ‘have a go’ and step out of employment, take a chance on yourself and see what it’s all about, you don’t have to tell the world! Or launch a website and tell everyone what you think of the working world! Unfortunately, or fortunately, I did?…
I could tell you that the free world outside of employment is all sunshine and lollipops, it will be soon, but establishing things does take some initial time & effort and in spite of everything I’ve read that clearly says “don’t quit your job first”, I chose to ignore that!
You know that feeling you get when you resign from one job, and are yet to accept another? Complete freedom, like a childhood summer holiday from school, 3 months off, sunshine, sleeping in… Well that’s never going to happen again! Once you make a commitment to pay yourself for a few months, now who are you ripping off if you sit around and waste time during the day, no more paid facebook unfortunately…
The first 28 days in the free world has been an eye opener, but very productive. There’s no longer a 5 day working week. Life, work, play, socialising and exercise, everything rolls into one….
Here are the highlights of the first month;
- ‘Finally’ figured out how to get free $ transfers to the US (options trading)
- Made $3,280 from a $1,200 investment (Very excited about the prospects of this!)
- Took some cool photos of my rather annoying nieces1
- ‘Found’ Locationindependent.com (thanks Wayde!)
- Have had A LOT more time to work on the software development side project (coming soon)
- Got asked to write a guest post for website-in-a-weekend.net (about being a complete beginner but learning how to develop websites)
- Setup a small business for some summer pocket money
- Made my first ‘premium’ website!
All of the above was MUCH better than being stuck at work. This next month will be more of the same, possibly setup a photography side project1, toy around with a few other websites, write a few more articles for the free world, who knows? But I do know that I won’t dread getting up on a Monday or have to commute in peak hour traffic.
If you’ve got a spare minute, head to Location Independent, they’ve got a truck load of resources and articles to read through. Read the last paragraph of ‘one idea’ and take a look at any of the free resources there.
I’d like to hear from you. What are you working on? What do you want to work on? Is work killing all of your motivation? Want anymore information or have you got any suggestions for article topics? Feel free to leave a comment, share this with your friends or send me an email. I’ve read more than my share of books & start-up guides, there’s a fair chance I’ll be able to help if you’ve got an idea you want to launch!
What else can you do? I’m going to focus my upcoming articles on a bit more in-depth ‘how to’ get involved in some of the things i’ve mentioned previously in this article, subscribe to the site (below) and you’ll receive the latest articles in your email.
And keep in mind, if you don’t initiate your own Quarter Life Crisis, you’ve got 1,700 Monday mornings ahead of you!
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