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- Oct 30, 2019
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First - I just quit my job. Here's the link to the thread on this forum, where I shared about that journey. (I have created a new user account, for I want to begin with a new username)
Yes, for me quitting the job did not happen instantly.
But anyway, the focus of this thread is to document my entrepreneurial journey.
I also consider it as a way to be accountable.
The Core Idea: Use Amazon Kindle Publishing to establish myself as an Author.
I already published a book a couple years ago. So I am not totally new to the game.
Financial goal: Get to 10,000 USD in royalty income by November, 2020. A year from now!
Why this is important to me
While, being financially free, is the obvious goal, it isn't the ultimate.
I not only want to enjoy financial freedom, but I also want to make a difference in the world.
To exist in this world, for the sake of existing, is not my thing.
I want to contribute in a meaningful way.
And after going over several business ideas, being an Author of Non-fiction books is the only thing I end up circling back to.
But that is not all. I am also, inspired by MTF's journey documented on this forum. Here's the link It is open only to those with an INSIDERS subscription.
I took several nuggets of wisdom from there, and perhaps without MTF's publishing success, I would have not been as confident to take this step.
I also decided to document this journey in the regular forum, with a vision that, whether I succeed or fail, there will be documentation for others to draw some nuggets from.
What Challenges I Am Facing Now:
Budgeting - Earlier, I had a fixed income coming in each month from my job. Now I have to live off savings.
So I need to plan this well. There are some unavoidable expenses to operate this business.
Organising - When you're doing a job, you have to be available during the work hours, no matter what.
I am working on that, to discipline myself.
Health - I need to ensure, I stay healthy and at the right weight.
Family - I am all set to work 24/7 -- not literally of course. But I will need to ensure, I spend adequate time with the family, else they will end up feeling ignored. And success doesn't mean anything if you're not spending quality time with your loved ones.
How Often Will I Update this Thread
Mostly every day. At least, that is what I intend to do.
The Most Important Thing:
I am not a fan of being a crazy hustler. I am not doing this to prove anything to anyone.
I am doing this simply because it is a basic requirement of life -- to live well!
Else, what am I doing here?
So that's it for now!
I will keep you posted.
Cheers!
OFF-TOPIC - Should I or Should I Not - Quit My Job...
It's not about being lazy. All I'm saying is you may think you need to quit to get more time but if you can generate income from the business while keeping the job, then you really didn't need to quit and lose the majority of your income did you? Savings is good but based on my experience, I'd...
www.thefastlaneforum.com
Yes, for me quitting the job did not happen instantly.
But anyway, the focus of this thread is to document my entrepreneurial journey.
I also consider it as a way to be accountable.
The Core Idea: Use Amazon Kindle Publishing to establish myself as an Author.
I already published a book a couple years ago. So I am not totally new to the game.
Financial goal: Get to 10,000 USD in royalty income by November, 2020. A year from now!
Why this is important to me
While, being financially free, is the obvious goal, it isn't the ultimate.
I not only want to enjoy financial freedom, but I also want to make a difference in the world.
To exist in this world, for the sake of existing, is not my thing.
I want to contribute in a meaningful way.
And after going over several business ideas, being an Author of Non-fiction books is the only thing I end up circling back to.
But that is not all. I am also, inspired by MTF's journey documented on this forum. Here's the link It is open only to those with an INSIDERS subscription.
I took several nuggets of wisdom from there, and perhaps without MTF's publishing success, I would have not been as confident to take this step.
I also decided to document this journey in the regular forum, with a vision that, whether I succeed or fail, there will be documentation for others to draw some nuggets from.
What Challenges I Am Facing Now:
Budgeting - Earlier, I had a fixed income coming in each month from my job. Now I have to live off savings.
So I need to plan this well. There are some unavoidable expenses to operate this business.
Organising - When you're doing a job, you have to be available during the work hours, no matter what.
I am working on that, to discipline myself.
Health - I need to ensure, I stay healthy and at the right weight.
Family - I am all set to work 24/7 -- not literally of course. But I will need to ensure, I spend adequate time with the family, else they will end up feeling ignored. And success doesn't mean anything if you're not spending quality time with your loved ones.
How Often Will I Update this Thread
Mostly every day. At least, that is what I intend to do.
The Most Important Thing:
I am not a fan of being a crazy hustler. I am not doing this to prove anything to anyone.
I am doing this simply because it is a basic requirement of life -- to live well!
Else, what am I doing here?
So that's it for now!
I will keep you posted.
Cheers!
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