July 16, 2007

Passive Income: My Top 4 Ways To Head Towards The Life I Want

A couple of years I decided that I wanted to work less, I wanted to work easier, and I wanted to work my hours.

Pretty simple stuff and I would not be surprised if a good chunk of hard-working people all over the world have the same aspirations.

Who wants to work more? Or harder? Or somebody else’s hours. Let me know if you find that person. They need a good virtual slap.

To accomplish this, I also decided I need to make certain changes in my thinking and in my life. Some of them are:

  • I need to eliminate computer programming from my life as one of my daily tasks. I've been doing this since I was probably 10. Sitting in front of a computer in some kind of editor writing programs to make the computer do cool things. I just don't want to do it anymore. If you have been in the IT field for a while you may feel the same way. or not.
  • Work with people that are smarter than me. In eliminating the computer programming, I need to find people that are better at it than me and get their help. Coding is part of my business model and will probably always be around me. But it is time for the younger generation to do it.
  • Gain my freedom. This ties back to number one up there again. If I can stay away from programming, I will free up an amazing amount of time in my life to do other things. Flying, Piano, Walking, Wife, Daughter. Pick one. They are all more important to me than coding.
  • Earn my income in an easier fashion: This is where the passive income comes into play. I'll be writing more articles about this as time progresses. And I don't want to earn money so I can collect large stacks of green pieces of paper with dead presidents on them. I want to earn the income to allow me to have the freedom (see previous bullet point) to hang out with my wife, my daughter, my plane, my piano, my planet more. But I don't want to have to slave away for 8 hours a day to earn that income.

Those are the ones that I could remember off the top of my head. More to come about how I am going to accomplish these items.

Do you ever have the same desires I do?

If so, I'd like to hear about it in my comments.

Livin' Lovin' Lovin' Livin',

 ~ Patrick

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