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.
Last week we talked a lot about having a platform for your business and why it is so crucial to create one when you are getting started. We also dived into financial independence, which is an idea I really want to share with other entrepreneurs. I feel like those two topics are the basics for getting started doing your dream work, and also for creating your dream lifestyle.
One thing that I keep coming back to again and again is the idea of starting your new business while you are currently employed. I certainly remember what it is like to feel stuck in a job I didn’t like, but knowing that I couldn’t just up and quit quite yet. So today we’re going to talk about what it takes to start your dream business even while you are going to the 9-5 everyday.
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.