There Is a Certain SOMETHING Needed Before You Can Find Financial Freedom

If you have read some of my past articles, you are familiar with my definition of financial freedom.  It is freedom to focus on what is truly important to you and your family without trading time for a wage. It is enabled by a portfolio of income producing assets managed by you.  In other words, your rental properties or eBay business pays the bills.  It is not retirement or jet-setting around the world without any concerns. Although it is not those fantasies, I believe it is the next best thing.  It definitely beats punching a clock.  What do you think?  Don’t answer to quickly.

To give up the security provided by a job, not matter how good or bad, requires a certain “something” that is hard to comprehend.  If you hate your job you might be willing to give it a try, but if you like your job – forget about it.  Why take on the uncertainty? If you fail, you will feel stupid for giving up on that great job that is no longer available.

Well, I had not only a good job, but a great one.  Made tons of money, worked with great people, traveled the US and Canada – played golf with customers; dined at fine restaurants.  So, why did I leave?  I am still searching for the best words to explain it, but guess what – that was not the first time I quit a job.  The first time I quit a good job, not a great one; so that was a little easier.  However, when my business failed and I went back to corporate America – I didn’t feel stupid, a little poorer, but far from stupid.  I learned more about myself and what I wanted in life by that experience than possible in any other manner.

That experience gave me the confidence to walk away from a great job.

 

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  • Mike R

    I have a slightly different version of “the leaving a job” statement. Leaving a job because you hate “it” (the boss,the people, the work, etc.), is a bad move. You’ll just be miserable without a paycheck vs. miserable WITH a paycheck. Leaving a job, to explore a burning business idea that consumes much of your waking and sleeping neural energy is a better move.

    I agree on the definition of Financial Freedom- to work and explore that which you truly want to do. To that end, a good litmus test is how often do you calculate the years to retirement? I’ve discovered those that love what they do don’t ever want to retire (barring health reasons).

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