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Dizaster

My road to financial freedom.

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by on 04-28-2008 at 09:56 AM (2782 Views)
I'd just written out three quarters of my first "wealth" blog, but it was sooooo long winded and going down 50 paths at once, so I deleted the lot, and am starting again. In SHORT form..

I want to be financially secure one day. More than secure, free. I want to be able to do the things I choose. Give to charity, travel, look after relatives & friends... Basically, I want the "freedom" that comes from not having to worry about money.

I know money is not the be all and end all, but I believe it is better to have than not have, in a lot of respects.


I have been studying all sorts of get rich, financial, business books now for about 10 years, and 100% believe I have the internal knowledge and personal internal resources to really make something of my life.

I didn't particularly come from a wealthy family. Far from it. And i'm not particularly wealth myself... Actually, far from that too. :-)
But with all my reading, I have set out some minor and major goals, and roughly drawn out a path to reach my goals.

First of all, everyone knows that Real Estate & Shares etc are the ways to GREAT wealth.. But how does a young man with little or no money, accumulate enough wealth to even be able to BUY Real Estate or Shares? It would take me forever to save enough many before I start getting back good money.. And if I wanted to get there fast, I would have to give up a LOT in the mean time.. And I don't have a lot to give up...

The second great book of my life was "Rich Dad, Poor Dad" by Robert Kiyosaki.. It gave me my first really good financial, wealth building knowledge, and his second book "Cashflow Quadrant" taught me how an every person can start on the way to making a lot of money...

That is through Business... An employee may make $50,000 a year if they are lucky, a good business could make $500,000. I don't have the money to buy a house, and that won't pay off for another 10 years anyway.
But I have the resources to start a small, part time business, and start on the path towards financial freedom.

I came up with 100's of idea's for business', and even started writting financial plans for some of them. I made up an Excel spreadsheet that I could punch in some rough figures, and it would pump out an estimated profit the business would make.
It was exciting seeing this nice profit I could make one day if I got some customers/clients.

I had to eventually realise that I did have limitations as to what I am capable of at this point in time, so had to narrow down the business idea's... And I came up with the perfect one :

Office Cleaning !!

1. I don't have much money for outlay, so this won't cost very much at all to set up.
2. I have bills to pay, so I can't leave my regular paying job, just yet anyway. Office cleaners usually do their work after hours anyway.
3. There are literally hundreds of offices and small business' around my area, so there is no shortage of clients.
4. It is something that does not require any special skills.

I originally thought of making jewellery or something like that, and got pretty far into that idea. Even designing a special eye catching stand that I would lend to the shops to display my products and make people buy them. But after going over the figures, to make the sort of profit that would make it worthwhile, I would have to spend way to many hours making the stuff, and spend to much money on materials.

So a service business was definetely the answer to that, and office cleaning is probably the most simple service you could offer.

So this is where i'm at now... I've thought of a business name "Green Global Office Cleaning". Considering everyone is "green" concious at the moment, this would be a great marketing point.
I've calculated many of the financial estimates. Worked out some marketing idea's and plans. Drawn up some task sheets for the actual cleaner to follow (which will be me to begin with). Built a pretty crappy website (I'm hoping some of the guys on here can help me with this one).
Basically, the point of the arrow is getting towards actually making this damn thing happen.
Unforunately, I have worked on any of this for about a year, and have lost motivation.

That's something I have to work out before I can make anything start to happen again. But I think this is a very good start.. Even just talking about it now is making me picture some of the idea's I had back then... I welcome anyone else who has any suggestions for my cleaning business or words of encouragement..

Anyway, I absolutely think this is the first step towards making good money in the future. It's exciting. It's well within my capabilities. And with some hard work, it will be some decent extra money on top of my regular paycheck, and I can start looking at investing in other area's.


I feel a little excitement creeping back in.... Thank you Saddo for giving us these Blogs!! It's great stuff!

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Comments

  1. Gandalf -
    Gandalf's Avatar
    Good on you for thinking outside the box. Whatever you do, just give it your all. Nothing more you can do than that. I have a cetain degree of financial security and have managed it in a relatively short space of time. Not enough to retire or anything but enough money invested. No hand me downs, just hard work!! It can be done. Good luck!
  2. Kev -
    Kev's Avatar
    Good to see your still going buddy. I've been a bit out of sorts lately and have once again fallen by the wayside in relation to my goals.

    I need to get back on the horse so to speak.

    I've often thought of money making schemes. Legal ones are hard to find. I do live fairly comfortably running a small boxing website and selling dodgy dvd's but its not really satisfying work and I really struggle to motivate myself to do it.

    I also tried gambling on the greyhounds using this progressive staking plan and calculator.

    It took me several hours each day to build my £100 to £367 in just over two weeks and then one bad day not only lost the lot but put me about £100 down overal.

    A few weeks later I tried again, with £100 and this time built up to about £230 then lost the lot.

    In the end I lost exactly £367 on my gambling venture, and countless dozens of hours that I could have spent far more productively here on Saddos

    I still yearn to come up with a winning gambling system. To me that's the ultimate rush, working out a system to beat the man and beat the game.

    I considered mastering poker so that I could win online competitions and loads of money.

    Actually I didn't consider mastering poker at all, I considered trying to find some top notch computer program that could play poker for me and always calculate the exact percentage likelyhood for success of calling, holding or folding etc.

    I figured that with computers so advanced no they can make chess programs to beat virtually every player on earth, there must be some seriously advanced poker software that can make mathematically the best decisions at every step of the way? There are such programs on the net, but from my reading you needed to have the software on a seperate computer entirely to the one you were playing poker on as the casini's used special snoop software that would detect these programs running.

    At the time I only had one pc but now I have a laptop as well so maybe worth having a look again.

    I'm sure between us we could find any software known to man so that might be a possibiltiy.

    Failing that, some kind of scam or fraud, mobile phone texts at £2.50 a text for example. I hate those companies with a passion but they manage to slip through the legal net and evade prosecution. Learning how to set one of the those operations up would be a nice little earner.
  3. Gandalf -
    Gandalf's Avatar
    I used to work in the bookies years back when I was at university, and if there was one thing I ever learned it was to never bet on animals. Just doesnt work. Can't trust the buggers. Ive never bet on boxing but going by my picks that has been wise thus far.

    I was actually thinking about putting a very large sum on Calzaghe beating Hopkins. But the odds were a bit crap back home. I chickened out of that. I wish I hadnt though.
  4. Saddo -
    Saddo's Avatar
    Good luck with that mate just remember the idea is the easy part you need to start putting it into motion and not talk yourself out of it.... Just one tip if its a gold mine keep it to yourself as their is always some guy you tell willing to set up a rival company to undercut you

    sandwich round for places where the food sucks or holiday places where everyone is stuck on a pitch is a little gold mine also, not much cash to start up and plenty of profit
  5. Sharla -
    Sharla's Avatar
    Hey Diz - I read that first book too - Rich Dad, Poor Dad. It was a good one but like you i'm thinking starting could be the hardest part.

    I'm considering putting a little into bond or small shares - I heard you can sometimes invest with as little as $1000?!

    I have my own idea - have had it for a while - but I struggle enough to manage my time now without starting anything new.

    I think for me self management, time management and staying focused are really behind a lot of things I struggle and my financial situation is only one thing that suffers for it!

    Any great ideas you have on that will be worth a read - of course if you've already covered that in one of your other blogs I'll have to hunt it down......
  6. Dizaster -
    Dizaster's Avatar
    Hey Sharla if you ever come back to reading this... Thanks for your comments..

    Yeah Rich Dad, Poor Dad is a great book.. It's almost a little too obvious, but the next best book that I read was his next one called Cash Flow Quadrant...
    It repeats some of the concepts from Rich Dad, but really goes into the different ways that you can really start working towards adding you to income and savings..
    Aside from being really wise with your spending and making sure you save what you can, obviously it helps to invest and have your money work for you.... But the big thing with that is, just with a regular income, especially in this day and age, it is hard to really have that excess that you can save and put towards investments..
    So one thing he really tries to get across in the second book is that, if it is absolutely at ALL possible for you,,, then it really is a great idea to look at a small part time business.. If you even have a couple of spare hours of time a day, then you can probably find a way to make money during that time... And that is the quickest way to accumulate some excess money to invest...

    I honestly think you are a very intelligent person.. And as far as generalizations go, your the only female I can think of who I would even imagine has read a financial book.. So I think you are someone that can be creative and maybe come up with some idea's to make extra money..
    I find it hard to believe that you have trouble managing your time and being focused, as you seem to really be commited to your health and gym stuff, but I certainly know what you mean..
    It's not really a natural thing that is programmed into us to step out of the box of the people around us, and start being creative and taking those extra steps.... But I think it's really worthwhile and you obviously do too.. So if I get a little more commited myself and start making some progress and writting about it on here, i'll do my best to motivate you and give you some idea's that might inspire you a little...

    It's funny, I can so easily see you going around to ladies houses in the evening or your spare time and whipping them into shape for a small fee... And I know people around me can easily see me taking control and getting a small cleaning business started,,,, because they tell me all the time....
    But breaking out of that mould that i'm so used to, and the same mould I see all around me.... It's very difficult, and almost feels like your contently floating down a river, and your about to try to turn around and swim upstream....

    Anyway, i've had 2 drinks tonight so this may be a rambly mess of a reply.... But it's good hearing that you've read that book as well and i've got another buddy to talk to about this stuff.. :-)







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