job
Small Slice of Freedom
Right now I’m sitting in Charleston, SC between conference calls. The sun is shining, there is a slight breeze and the temperature is in the 50s. It is… comfortable.
What would you do if you had all the freedom in the world?
Would you spend the time all on yourself, invest in others or something else?
Would you be happy or miserable because you have no identity outside of work?
Paint your future picture of freedom. What can you do to experience a small slice of freedom? Do those small slices to motivate yourself to get the rest of the pie.
Next… What are you doing to get to get to that freedom? How’s it working for you? Here is a picture of the Arthur Ravenel Jr. Bridge (the big one, the other one has been torn down) going over the Cooper River in Charleston, SC.
I was involved with supplying some of the steel (rebar) for this project about five years ago. It paid the bills then, but has no impact now. You need two forms of income:
- Money to pay the bills now- job, one time product sales or other fee for service
- Money that keeps coming in- Membership sites, ongoing product sales, mentorship…
Grab your slice or look to visit Charleston: http://www.charlestoncvb.com/visitors/
Small Slices,
Sam Carrara
Creating A Job?
Are you building a business or creating a job?
Recently I went to a Quiznos Sandwich shop near me for a quick lunch. Interestingly the owner was operating the cash register while he had four other employees putting the sandwiches together. Whose business was he building? I’ve seen him do this for the last two years, he probably started this way and will continue to work his Job. (He’s building Quiznos’ business.) Simple facts from Quiznos:
What is the initial investment?
On average our stores range between $190,000 and $250,000 nationally.
And other sources report that first year income is around $30,000 – $40,000. How long would it take to just break even??
Was that the best use of his money? Did he own his business or did he own his job? Interesting! So how do build a business instead of creating a job? You need to put processes in place in order to allow others to do that job for you. › Continue reading
We Were Dumb With Our Money After College
Does the title of this post seem odd to you? I’m actually admitting that I make mistakes… but did I learn from them? Yes I have blemishes and I hope from my mistakes, you will learn.
Let me paint a picture of how this all happened. Both Melissa (my wife) and I graduated college and become officers in the U.S. Army. Starting out as Second Lieutenants wasn’t alot of money (it is now), but we had little bills and a steady income. About 18 to 24 months later we both became First Lieutenants with some nice pay jumps. Sounds good so far right?
Well we loved going out to eat, didn’t save a penny and then decided to buy a house. Not too bad, I’ll give you more details:
1. Going Out To Eat
We love food and going out to eat was easier than making it at home. No cleanup, no cooking and then enjoy the rest of the evening. We spent so much on our credit cards just for this it was amazing. If your credit card does the end of the year rollup by category on what you spent, get it. I don’t remember the dollar figure, but it was large. BUT, we could afford it. Yet it affected #2 below… › Continue reading
