Thursday, January 6, 2011

Start of the life of New Rich

So my friend suggested the book The Four Hour Work Week. By T. Ferris. so far i read the first 80 pages. and wow this guy talks a lot of stuff that sounds really good. but at the same time he already had set up a good company though a lot of work before he started to change his approach. i really wonder if i can do something similar and escape my life. but i guess its better i try to do something than to do nothing. Maybe when i become successful so will this blog. double win for me.

Questions he posed.

Define your nightmare, the absolute worst that could happen if you did what you are considering.

If i quit my nursing job. As of now to start a new business. that may fail. i'd end up in bankruptcy. no job. no money. failure. shame w. family. w. friends. will never get a girl. have to continue to live w. parents. in shame. no freedom. dependent. then will have to go back to nursing. probably move to arizona or someplace that will take me back as a nurse. Relocation. Setback in asain life goal of hose family stability. by 10+ years. so give 1-2 years around age. 36 i'll be back where i was at age 26. maybe worse off. most time is permanent. how likely it will happen? well not ALL of it. but maybe most.

What steps could you take to repair the damage or get things back on the upswing, even if temporarily?
move to new mexico, arizona, texas and start working there. pick up two jobs and work. every. single. day. or kill myself.

What are the outcomes or benefits both temporary and permanent of more probable scenarios?
One. if i succeed. i can have more free time to do what i want. have more money. reach stability faster. be happy. have money. not be stuck working from age now. 23 (almost 24) til age 60+. now that i think of it. thats a very very long time. to be doing the whole work work work. and work. work. work. work. work. thing. thinking about it makes me want to throw up.

If you were fired from your job today, what would you do to get things under financial control?
Thats easy.. i'd just cut out all excess spending. netflix, games, etc. i still live at home. minimal living costs. and find me another job.

What are you putting off out of fear?
Fear of failure. losing time, losing money. time is money. lost time is lost money. translates to lost good times. without stability and money you won't be at peace enough to enjoy your life.

What is costing you- financially, emotionally, and physically to postpone action.?
1 year experience in nursing. that way i can have something to fall back on before i go crazy with some crazy idea that may fail so at least i have something to fall back on. If i don't pursue a path of richness and awesomeness. 1 year down the road i'd still be living most likely in my parents house. working saving. 5 years. most likely. still living at my parents house. saving. finally having enough to buy a house. 10 year. working at same job still. saving to finish paying off the same house. that would be age. 34.

What am i waiting for?
that 1 year. am i afraid yes. i will use this year to get ready and get my ideas and plan under way.

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