First, Some Background
I'm in an odd place right now: I've got so many things rolling around in my head that I've not been able to focus on any one particular thing and feel I can do it justice. As a result, I've not been blogging as much and I've not written a single PFAdvice article in May. D'OH!
Moreover, I've been working on my slightly super-secret side business (like the alliteration?) and keep trying to get it just right before releasing it to the world. Long story short, I'm hitting a wall.
To combat this I've been doing a lot of reading online, looking for inspiration. The way I browse the web is at best bizzare and on occasion schizoid. This week I was looking for sites that I could include as part of a newsfeed on my website and I took a new-to-me track: I went to Technocrati, ranked the blogs by 'authority', and checked out the top 100.
I actually didn't find many of them interesting, which is in and of itself kind intriguing. There would be an interesting article here or there, but most of my good reading came from following links and Trackbacks within these supposedly good blogs. As an aside, this is how I found
The Meat of This Post
While wandering around unchaperoned on the web, I came across a good article at Genius Types about passive income. Not that the concept of passive income is new to me, but I thought the article did a good job of pointing out that to be successful at it requires a slightly different view of money and making it work for you. Plus, it made me remember that I really want a passive income, the sooner the better.
Then yesterday I meandered my way over to Success from the Nest and read aout how perfectionism can be just another form of procrastination. Some of you might remember that this is something I've said before , but it's one thing to have had a thought and quite another to sit down and read it in black and white.
The two articles struck cord with me, I suppose, because they are exceptionally timely in my life. I fell into this slightly super-secret side business by chance, but it does have the possibility to make a great passive income source if I can get it up and running. Good news, right?
Well, yes and no, because that's where the perfectionism rears its ugly little head. I keep second guessing myself, or trying to plan things to be just right in order to make the most of this opportunity. All I seem to wind up doing, though, is spinning my wheels and not going much of anywhere.
At any rate, the two articles made me think and apparently I think better when I write, so here I am. Guess it worked after all!
May 24th, 2007 at 01:21 pm 1180012890
It reminds me of a conversation I was having with a buddy. He pretty much assumed that I would buy a house rather than rent, simply because buying means owning, and that means eventually increasing my net worth.
Sure. Nothing wrong with that, but I told him that, unless something drastic happens, I am more likely to end up renting rather than buying. He looked at me like I've gone crazy and said, "But that's just wasting money, isn't it?"
"Normally, yes.", I replied, "However, there's usually a difference in savings between the two, and while many people would look at that difference and say 'Wow. Now I can buy more toys', I believe a person that is going to be wealthy would look at that same difference and say 'What can I invest this in to make it grow?'"
And thus, even if I do rent, I am hoping that I can still make my money grow.
May 24th, 2007 at 01:53 pm 1180014812
May 25th, 2007 at 03:57 pm 1180108625
me being me got kinda stuck on the cheezburger link-very very funny :-))
had a look at the passive income article- promise to read and think about this on the weekeend...defintely will...