B. Lorenzo Buckinchere
May 19, 2024
Have you ever seen an item for sale that you want to purchase? Say for example, a new car? You want it so bad, yet you don’t have the money to pay it off in full, at closing. This is always a very disappointing moment, because of the simple fact that you either cannot have what you want, or you have to wait for it.
So, you decide to save for it. As soon as you are about to meet your savings goal, an emergency comes up. Usually a medical emergency, or emergency car repairs. At this point, the new car you wanted is no longer a novelty item, and you don’t even want it anymore. This is always frustrating.
If you want a new car, you have to save for it. If your boss wants a new car, he puts you to work twice as hard. Plus you have to go into the office for half a day, every other Saturday. All while he takes his family out to the ball game you were meaning to see. Some guys just have all the luck. Right?
WRONG! We are all capable of achieving what we want. The difference lies in our mindset. Do you think your boss is more qualified for his job than you are? He is probably a dumbass who got the hookup from some of his drinking buddies. Either that, or he is a narcissist who kicked innocent people off the corporate ladder on his way up. If she is a woman, she probably fits the trope of a dumb blonde who slept her way up the corporate ladder, and doesn’t have a clue about what she is doing.
Whatever the case may be, you are probably way more qualified than they are. Yet you are stuck bringing them coffee. You should be working for yourself as an entrepreneur. There are countless opportunities that are available on the internet. But you have to go in there with a clear exit strategy already in place.
For example, you might consider that you will only work for 2 years, in order to save enough start-up capital. So that for the remainder of your days, you will never feel forced into a position where you are stuck serving a blasted bunch of ingrates. You must then commit your free time towards learning everything you can about your niche. No more mindlessly scrolling through social media first thing in the morning before you have even gotten up to go take a leak. No offense, but we have all been guilty of that at some point, or other.
As you go along, you will soon discover that you are able to practice several niches. The moment you realize that YOU have more control over your earnings as an entrepreneur than you ever did as an employee, you will instantly quit your job. Do you remember when I said that there is always an emergency whenever you are about to reach your saving goals?
It is only after you quit your job that you will realize that half those emergencies were created by conditions you experienced on the job. Whether they cut your hours, or transferred you over to a different department. Or they changed your shift, or transferred you over to a different job site, all the way across town that would see you going out of your way.
Spending more on gas to cover the unnecessary extra miles. Whatever it is, it’s always something, and all those conditions accumulate overtime. If your boss perceives you as a threat, I guarantee you that he is doing it deliberately. And it is only a matter of time before they set you up to be fired.
As an employee, when you saw something you wanted to purchase, you had to save in order to be able to purchase it. The con is that you have to sacrifice something you enjoy for the greater good of what you want. For example, you may have had fewer happy hour margaritas, so you could save for a new couch. Or a few less pairs of shoes, so you could save for a new car. That is counterproductive for all the reasons I have stated above. Your sacrifice could still pay off. But how likely are you to remain motivated if your goal seems far fetched?
As an investor, you have already made the sacrifice by risking everything you own, for a dream. All you have to do now is reap what you sow. If you want a car, you can raise the funds for it without sacrificing the things you like. If you explore the features of your banking app, you will discover something they call a “Goal Envelope,” that you can customize to suit a specific goal you have in mind.
They call it a goal envelope, not a savings envelope. And you can have several of them, different envelopes for different goals. Perhaps they intended for the goal envelope to be funded without compromising the quality of your life, and the things you enjoy. Perhaps it is more efficient to finance your purchase by raising the surplus for it, instead of saving for it. Or god forbid borrowing for it. Especially a big ticket item like a car.
Employees have savings. And they actually think that their savings make them rich. Just because they are able to make a couple of moves with it. That money is fleeting, and will soon run out unless they invest it in a worthwhile venture.
Investors have surplus. Or are able to produce surplus without much compromise. With that surplus, they will be able to make real power moves in the world. Moves that employees can only dream of.
Adieu!