Last week I threw you guys a curve ball and posted my own introduction to financial independence. This post delved into how to use your entrepreneurial skills to achieve financial independence within 10 years, and breaks down a sample investment strategy to start working towards FI right away. Don’t forget to check it out after this post!
FIRE (Financial Independence/Retire Early) is a nerdy passion of mine. Last year I read The Happiness of Pursuit by Chris Guillebeau, in which he makes the case for having a quest in life that drives you.
The first time I started seriously thinking about financial independence was when I stumbled across Mr. Money Mustache’s blog and just about read every post back to back.
Of course I’d thought about retiring early and becoming independently wealthy before then, but my ideas usually stemmed from the idea of building a business to earn hundreds of thousands per year so that I could put enough money in the bank to retire on. The thought of investing had only briefly crossed my mind.
Hey guys! Today I want to help with something I see people struggling with all the time. People who have an idea of what their dream work is, but they don’t really know how to get started. Is this you?
Let’s talk about the very beginning of your dream business. Here’s a point I want you to remember: That very first dollar you earn is going to be the hardest dollar you’ll ever earn in your business. Now that sounds really negative at first, but it is actually a great thing!
When your first dollar is the hardest, that means that every dollar thereafter will be much, much easier to earn. So when you’re working super hard and putting in all this time and energy and you still haven’t made any money with your dream work yet, don’t worry. It won’t always be this hard. You just need to get that first buck.