I, just an average guy named Scott, am an entrepreneur at heart who is working very hard to break myself from the shackles of my 9 to 5 corporate job. Never mind the fact that I make low six figures working in the corporate world – the problem is that it’s crushing my creative soul and I feel like I MUST get out. As sick as it sounds, I’m at the point where no amount of money could make me want to stay.
Another bit of motivation for wanting to ditch it all and be an internet entrepreneur is the fact that as I grow older, the less tolerance I have working for other people. Does that mean I’m turing into a grumpy old man? Perhaps. But all I know is that after 19 years of working for someone else, I’ve had it. There has to be a better way, and this is my personal journal to document my progress (and mistakes).
Short and sweet, I want to be financially independent with passive income. I severely dislike working for other people, making them rich, while I’m stressing out over their impossible (stupid) deadlines. I want to make all my income from passive sources, which for me, has been a combination of these three things over the years:
- Swing trading- currently my best opportunity for making decent monthly income
- Stock image sales – although I’m not involved much in stock image sales any more, I did manage to make over $100,000 in profits doing this from 2006-2012.
- Website advertising and affiliate income – This is something I’m still tinkering with, but not very aggressively.
All three of these adhere to my personal entrepreneurial philosophy, which is: any project or business that I build must be able to run independently of my input once I complete the work of setting it up. In other words, work smarter not harder.
I should note that I have been swing trading off and on since 2004 – so I’ve got a lot of experience under my belt. The goal is to take the tiny profits I’m making now and massaging them to generate healthy monthly income. Website advertising and affiliate income, I admit, is something I am not experienced with. It’s something that I’ve been toying with since 2002, but I’ve never been able to make a lot of money doing it. What I can I say? I’m not a strong marketer, but I’m still determined to make it work.
I have no desire to become obscenely wealthy. Hardly. My goal is freedom. Freedom from being told what to do, where to go, and how to do things. Freedom from stress. As long as I can make enough monthly income to achieve this freedom while providing a good life for myself, I’m happy. I don’t need a lot of money to do this.