BusinessMind11
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- Jan 31, 2019
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Hello everyone,
I read TMF a few years ago and I wanted to introduce myself and hopefully get some help from the members here. The book was a huge inspiration to me and really made me think differently about my life and what I want out of it.
I'm currently a teacher and I'm looking to leave this job as soon as I can start generating income elsewhere. My job is difficult, and I'm not happy with it, although the hours are good! I started an E-commerce website last year doing drop shopping but it didn't do well at all so I shut it down.
I have been thinking of business ideas for a while but nothing has been sticking. At this point (I'm 32 years old) I am looking for guidance. I can't make more money at my job unless I accumulate more years in or work over time. I could go back to school and spend about 15k-20k and get a license to work at the administrative level. This would get me out of the classroom (which I want so bad, it's hell) and get me in as a Principal, or, there are many easier leadership positions where I'll get paid between 100-170k and have a lot more freedom (and won't have to deal with kids all day- for example, giving workshops and continued education to adults). I obviously want to get out of the rat race and don't feel like going back to school for a year (although the program is only over the summer and in a year and change i'd be done and get a big pay jump) but I figure what choice do I have? Stay working as a teacher until I come up with an idea for a business? What if it takes my 5+ years to do that? If that's the case wouldn't it be better to spend 4 or 5 of those years in a better position making more money than working a job I don't like for half of the pay?
I also plan to invest in real estate, but my mind tells me if I'm in administration as my job I'd have more money to invest into real estate. If you guys were me, would you go into administration until I come up with a business idea? Or am I just dragging myself into a nicer paced rat race? Would you guys say just stay in teaching until something pops up in my mind? Another part of me feels like I don't want to go into administration and I just solely want to own and operate a business, but it's kind of like a safety plan. And I think the 15-20k it costs for school could be a nice down payment for my first piece of real estate also.
If anyone could give me any advice I'd be grateful.
Thanks in advance
I read TMF a few years ago and I wanted to introduce myself and hopefully get some help from the members here. The book was a huge inspiration to me and really made me think differently about my life and what I want out of it.
I'm currently a teacher and I'm looking to leave this job as soon as I can start generating income elsewhere. My job is difficult, and I'm not happy with it, although the hours are good! I started an E-commerce website last year doing drop shopping but it didn't do well at all so I shut it down.
I have been thinking of business ideas for a while but nothing has been sticking. At this point (I'm 32 years old) I am looking for guidance. I can't make more money at my job unless I accumulate more years in or work over time. I could go back to school and spend about 15k-20k and get a license to work at the administrative level. This would get me out of the classroom (which I want so bad, it's hell) and get me in as a Principal, or, there are many easier leadership positions where I'll get paid between 100-170k and have a lot more freedom (and won't have to deal with kids all day- for example, giving workshops and continued education to adults). I obviously want to get out of the rat race and don't feel like going back to school for a year (although the program is only over the summer and in a year and change i'd be done and get a big pay jump) but I figure what choice do I have? Stay working as a teacher until I come up with an idea for a business? What if it takes my 5+ years to do that? If that's the case wouldn't it be better to spend 4 or 5 of those years in a better position making more money than working a job I don't like for half of the pay?
I also plan to invest in real estate, but my mind tells me if I'm in administration as my job I'd have more money to invest into real estate. If you guys were me, would you go into administration until I come up with a business idea? Or am I just dragging myself into a nicer paced rat race? Would you guys say just stay in teaching until something pops up in my mind? Another part of me feels like I don't want to go into administration and I just solely want to own and operate a business, but it's kind of like a safety plan. And I think the 15-20k it costs for school could be a nice down payment for my first piece of real estate also.
If anyone could give me any advice I'd be grateful.
Thanks in advance
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