The dream takes shape, one step at a time.

276 followers

8 years ago

OK. So the bottom line is that I'm currently unemployed, yesterday I only had $2 in my account, roughly $7000 in mortgage debt, and starting to run out of food in my cupboard.

Pretty grim.

But every cloud has a silver lining... The precarious situation I have been in for the last few months has given me the motivation I needed to get off my bum and do something to improve things.

I've been setting up my website at Wealthy Affiliate (after trying another system), and now that I have received a small amount of money from a different source, I have enough to get me through another week or two of living expenses, once I pay a few bills (to keep the internet, phone and electricity on). Need cat food too...

But now I've been able to upgrade my membership here at Wealthy Affiliate.

Some might say that spending money I can't afford on something that will not bring me much, if anything, for a little while is a stupid idea.

I have always seen education and knowledge as an investment. This time the investment is in something that I am absolutely confident will bring me a financial return.

My plan:

I aim to build a number of websites and use them as my main passive income stream. As I expand my web, I will be able to gradual replace my income.

I will do as much as I can while I'm unemployed. The work is starting to come in, so hopefully I will start a new job soon, and start to pay off my mortgage debts, while I continue to build my revenue streams in my spare time.

The mining industry I usually work in pays quite well. Actually, it pays exceptionally well. There are not many places where a guy with only a high school qualification can make a six figure income. But the cost is high. Marriages fail. The suicide rate is above the average. Working with toxic chemicals and gasses which would not be out of place in a First World War trench, in the extremes of heat and cold in the elements, 12-14 hour days of shift work breed overwhelming fatigue, and with a large degree of physical labour involved it all takes its toll on both the body and mind.

Mining seems to attract some pretty negative individuals, and positivity is suppressed (if not actively hunted down and destroyed). It's a strange industry with some strange people involved in it - myself included.

So my motivation is very high to get out of there, but also take care of my family.

Ultimately, I want to be able to build a range of income streams, with a little diversity. If one income stream finds problems, or the well runs dry, I want insurance.

The end goal (or at least the final stepping stone in my plan to achieve financial freedom, happiness, wisdom and strength for myself and my family) will be to set up my own private labels.

Once this is done, I will have a brand that I can nurture to the point where I will be able to sell off parts of it, and ensure my retirement plan.

Then "hello tropical beach bar in South East Asia" while I nurse along enough of a passive income to ensure the bank balance stays topped up.

I firmly believe that all of this is possible with Wealthy Affiliate as the cornerstone of my education and revenue base.

It's going to be a long journey.