Money, starting a business, and creating passive income

 Lyte (@jayde)7 years, 10 months ago

Each of our experiences with money differs. For some it’s not important, for others it’s what makes their world turn. Unfortunately, as we all know, money has come to be something that rules, it’s nearly impossible to live without it. And as much as many of us dream of living a self sustaining life, growing our own food and hunting for our meat, living off the grid, it’s still but a dream to be worked towards (once you make enough money to buy the home and land….?), if not unattainable…

In January of this year, just after turning 30, I quit my job to attend school (oil & gas administration) 3 days a week and needed to find a way to support myself in the meantime (I couldn’t stay at my job 2 days a week). A friend told me she knew a girl who was cleaning houses and making good cash. It seemed idiot proof, so I gave it a shot. I was successful, and made much more than this friend.

My program ended in April and in my job hunting, I realized not only that oil & gas is not for me for obvious reasons, but also that I was enjoying my freedom and being my own boss, and didn’t think I could stand going back to a desk job for the expected 50 weeks a year, sitting in life sucking traffic, to retire at 65 like everyone else. I decided to incorporate my business.

All over the internet these days are videos about the way money works, how money corrupts, how corporations are… bad, how the rich get richer and the poor get poorer. I spent a long time trying to convince myself that money is not important and that love, family, relationships, gratitude and being present (among many other things!) are what will make you happy. I am at my absolute most miserable when I am broke, which I inevitably seem to be – always. We all know it’s unrealistic to look forward to that raise or that promotion or that new job to make more money that in return just gets spent and you never end up feeling like you are getting ahead.

The power of the rat race trap.

I watched the “Rich Dad Poor Dad” video on YouTube and it has catapulted me into entrepreneur addiction. I can’t stop thinking of other ways I can sell a product or service or invest (other businesses, real estate, rental properties) and work my way to early retirement.

My question? I’m not sure. I’m afraid to get sucked into being that cheap asshole boss, letting money ruin me, not to mention putting more cars on the road to drive around cleaning peoples houses, for the all mighty dollar…. My core beliefs are that money is man made, and before it came along we lived slightly more peacefully, and without worrying about it, we could coexist in harmony.

Does anyone understand what I’m trying to portray here??

Money. Will it always corrupt you? Can I tread softly knowing my heart will always guide me in the right direction?

Thank you guys,
Much love <3

November 1, 2013 at 8:29 pm
Syn.Ther. (46) (@luna) 7 years, 10 months ago ago

To me it is as simple as: we have enough food in the world to feed each person, we have the capacity to do so, what is stopping us is the expense. So today’s money has no value. For this reason and many others I have started the IzReaL.eu project. By working towards self sufficiency and building a life not needing to take part in the current financial system. I must admit initially it does take money, however all transition is gradual and not just a flick of the switch. More info on my motivation: http://izreal.eu/2012/10/29/time-of-transition/
more about the project: http://izreal.eu/what-izreal/ and http://izreal.eu/izreal-f-a-q/

Peace

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Sandy (115) (@sandman) 7 years, 10 months ago ago

Whether you’re a compulsive overeater or anorexic, the problem is a food obsession.

Same with money: running away from it, demonizing it, or being desperate for more of it is all a money obsession.

Money is just energy, condensed. It can be moved around, and converted to and from other things, including material goods, education, services, institutions.

It is not inherently corrupting, just as other forms of power are not inherently corrupting. Being good looking is a form of power, but you can be attractive and also be a nice person.

Money is never a goal, although it may seem like it when you don’t have enough. The goal is happiness, security, fulfillment.

Seek directly the real goals: what makes you happy to do, create, participate in? What makes you feel secure? Maybe having a regular income is more important than the freedom (and risk) that comes from being an entrepreneur. What fulfills you? Do you have a larger mission in life?

Do that and find a way to make money along the way. Seek the real goals. Money should just be a means to an end, or even a byproduct of your work. The goal is some kind of deeper pleasure, fulfillment, purpose.

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Graschi (62) (@graschi) 7 years, 10 months ago ago

It depends on your ‘satisfaction’. If you want a big house, a new car, the most expensive clothes, etc. etc. you better get a regular job where you have a secure income.

If you don’t care about the standard of living you have, as long as you don’t need food, clothes and a roof above your head, i’ll recommend to go the way you’ll enjoy the most. You’ll always have to take and risk and realize that there can be times where you have to work harder than if you had a regular job. But if you enjoy it, there won’t be a problem. Isn’t that so?

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paulh (2) (@paulh) 7 years, 10 months ago ago

@jayde – I’ve been running businesses for 25 years so I can speak with some authority. For much of that time I was on a money seeking mission, it is in many cases the reason most people start businesses. Over recent years I’ve become more concerned about what I’ve become and worked really hard to change the emphasis of how I run my business; I now spend more time working with my staff on a personal level helping them in any way I can to develop and to be happy. I never argue with staff anymore, nor do I tell them what they must do, I merely explain what the business needs so they can work it out for themselves.

In short, you do have to be careful because success can and will make you feel successful, and perhaps lead you into comparing yourself with others and ultimately into a judgemental place! If you hold dear to your principals and set yourself some golden rules, you will be OK.

We do REALLY need a shift in attitudes from businesses towards their staff and customers so let it begin with you. Good luck. Namaste.

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Lionheart (15) (@TigerRush) 7 years, 10 months ago ago

ironically the rich dad poor dad guy declared bankrupt the other day.

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Lyte (9) (@jayde) 7 years, 10 months ago ago

@beyond, Please don’t comment on my posts anymore or mention me.

To everyone else, thank you for your feedback :)

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Anonymous (2,654) (@) 7 years, 10 months ago ago

@jayde, I’m not happy with the manipulation either. :)

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Anonymous (2,654) (@) 7 years, 10 months ago ago

@jayde, And here’s why I won’t reply to your pathetic messages!

View post on imgur.com

Wait, what?

Now, since my post was deleted, this thread must ring a bell to people like me that never needed to read a book to understand specific things.

Because this is HE.

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