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The Four Hour Work Week Redefines an EntrepreneurIn contrast, when I read articles and books about careers and financial freedom such as The Four Hour Work Week, I have stumbled on comments such as “if you want to ever make money you have to work for yourself”. I always wondered if becoming an entrepreneur is the only way to gain financial freedom. I really like my job so what if I worked really hard and saved even harder to retire early? Moreover, if I were to start my own business, what would I do? I know there’s a lot of unpaid ground work you have to do in the beginning of your business. And that does not even guarantee it will succeed. My thoughts towards becoming an entrepreneur changed completely when I became a first-time home owner in the recession. I still like my job, I just do not like that I rely on one source of income to pay my bills. I’m just starting to rebuild my eggs nest so if I lost my job tomorrow I would not be able to survive. That led me to research on how to gain financial freedom.
So how do you do this without compromising your day job? Is it possible to become an entrepreneur while stilling working another job? The answer is yes! Did you know that most entrepreneurs start-up businesses while still employed for the reason of the safety net? The key is not to let your new business venture interfere with your current job obligations. This is one of the main reasons why I started this website (I will write more about this later). There are lots of books and articles out there about multiple streams of income, becoming your own boss or gaining financial freedom. The Four Hour Work Week especially peak my interest because the author Tim Ferris wrote the book in his 20s, which is the same age as me. This proves that you do not have to wait until you are older to have financial freedom. Tim covers various issues in his book but these are my favourite: - how to outsource your life - how to automate your life - how to train your boss to value performance over presence in the office - how to fill the void of not having a “job” and create a meaningful life after removing work and the office.
As for me I am not planning on quitting my job in the near future (or at least as I’m writing this article). As I mentioned, I love my job and feel that there’s still many more growth opportunities. What I do enjoy is the extra income I receive in addition to my salary. I use a lot of it to reinvest in myself by attending workshops and to do some travelling. I rather do that instead of spending it on mostly material items that will be useless to me in a year. Click here for more tips for the modern day entrepreneur.
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