Why this site exists?
The following is a rough series of events that brought this site to life.
Since the new year, I’ve done a lot of reading, thinking and reflecting. I made several conclusions:
• I don’t enjoy my job;
• Working for someone else is never going to make me “rich”;
• If I lost my job, I would have to travel a lot more to make the same money;
• I’m dependent on a single source of income.
Yes #FirstWorldProblems, but problems none the less.
While looking for ideas, I read [amazon text=Rich Dad’s Cashflow Quadrant: Guide to Financial Freedom by Robert Kiyosaki&asin=B00OL3NEW8] and I can honestly say it changed my outlook on things.
There’s not a great deal of actionable advice in the book, but I can recommend it as both an eye opener and motivator. Robert Kiyosaki splits everyone into 4 categories; Employee, Self-Employed, Business Man or Investor. Neither category is right or wrong, but the book does challenge you to think about what category you want to be in.
I’m currently an Employee but have decided that’s not the category I want to be in. I’m first going to try and transition from Employee to Self-Employed. The transition again to either Business Man or Investor.
As you can see this aligned with my conclusions above, so the question was how?
How to stop being “just” an employee
The very next book I read gave me the idea. It’s an older book, but I found [amazon text=Think and Grow Rich by Napolean Hill&asin=1934451355] motivating, especially the early chapters.
It got me thinking a lot about my life growing up and how I always had a plan I was working towards. I realised that I don’t have that anymore but I would like one.
Think and Grow Rich says the following 6 steps are the key:
1. Fix in your mind an exact amount of money
2. Determine what you intend to give in return
3. Establish a definite date as a deadline
4. Create a definitive plan
5. Write out the above in a concise statement
6. Read the statement from 5 aloud twice daily
I’m paraphrasing a little and probably won’t be doing step 6 consistently, but my first attempt looked something like:
1. Earn an extra £10/month 3 months in a row
2. Share as much as I can about what I learn online
3. 1st June 2017
5. “By June 2017 I want to be earning an extra £10 a month by TBD!”
Doing Something Stupid
So I had a target, but not a definitive plan. As a software engineer, it was pretty much a given that I’d do something software related. But everything seemed too risky.
I then started reading [amazon text=The Power of Starting Something Stupid: How to Crush Fear, Make Dreams Happen, and Live Without Regret by Richie Norton&asin=1609070097] and the rest is history! I decided to try and make some extra money making and writing about building mobile apps.
It’s a fantastic book and helped me realise that yes it’s a risky decision, but the risk is small. I also don’t want to regret not doing something.
Time will tell if this was a stupid idea, but I’m sure I’ll learn a lot. My next post will be a more detailed plan.