The Year’s Half Over, And You?

Posted at July 17, 2007

This is from one of the better blogs I read. He’s a smart guy, really knowledgeable about networking and I like his short to the point posts…Go read it and then come back.
MIAMI BUSINESS NETWORK BLOG: The Year’s Half Over, And You?

About this year…

Man, I can’t believe it’s half over. I HAVE made significant progress in many areas. I’ve increased the average hotness of the women I’m seeing. I’ve also decreased the average age (both big goals of mine) for this year.

While I am NOT LIKELY to have my first $1million dollar year this year I have made huge strides in stabilizing myself financially by creating more dependable, repetitive income streams. My cash used to come in huge surges. It was feast or famine. I felt RICH when several huge checks hit at once and poor as a junkyard dog when the money ran out.

Exciting for awhile but it gets old after about 2-3 years.

I major shift in HOW I created my income came after reading “Buffetology” By Mary Buffet and David Clark. I decided the next business I created would be one that Warren would invest in. That required that it have HIGH MARGINS and HIGH INVENTORY TURNOVER along with a SUSTAINABLE COMPETITIVE ADVANTAGE. (Hugely simplified but its a great guideline.)

I haven’t stopped the activities that cause the huge cash surges, I’ve just made sure they don’t get in the way of building a true (and nearly automatic) income stream.

I’ve also taken back control of my weight. I allowed myself to get derailed here for 3 weeks now for no good reason at all. But, I’m holding steady between 211-213 whereas before I was 220-223. I have an image of how I want to look and I think I’ll get there at about 195, which will take me another 6-8 weeks.

Another simple thing I did was create my 80/20 Process after reading “The 80/20 Principle.” You can read about it here: How to Use The 80/20 Rule to Create a Kick-Ass Life!

That simple process alone, done weekly or whenever needed, has created a major difference in the overall quality of my life.

Finally, Ayn Rand’s writings have helped me finally grasp the inner unrest I’ve experienced since I was a kid. I’ve always “had potential” but I’ve then gone on to do my own thing. I was making gobs of money as a “turn around artist” for software projects. I was published twice and everybody wanted me to teach them my methodology of taking a small team and saving a major project from bleeding cash and spinning out of control. I was poised to make $300-4000 per hour.

Then, I walked away.

This caused some to be upset that I wasn’t living up to my potential. In a way they were right BECAUSE I thought my potential was what they told me it was instead of realizing it was what *I* wanted to make it. This made me feel like something was wrong with me before. Like I had some sort of “prosperity block” or something like that. Fact is, I just didn’t know how I was supposed to fit into this mess of people, responsibility, authority and expectations. Now, I know.

Hence, the Howard Roark post below.

~ Captain Jack ~

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