Comment on Small Business Investing May Be Your Best Option by ambertreeleaves.
Since the first post I read about this plan of yours, I have been intrigued by your venture. Thx for sharing with us.
The idea crossed my mind a few times to start something myself. Just like you, finding a first idea seems to be very difficult! I have not yet made the reflex to go and buy a business. I guess I am too risk averse to see a venture like that happening in my current life/asset base. TO me, there is not only the increased risk, also the increased responsibility and tasks that come from fully owning and running a business. Till now, I have only been responsible for running operations and teams within structures that take care of everything else.
I do belief that entrepreneurship is one way to become free and make a lot of money.
Exciting times for you!
Recent Comments by ambertreeleaves
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At this time, we are working to fund our FIRE funds so that soon that can fund our essentials. We are quite low already on discretionary compared to others.
It can still go lower. 4K per year on ski is really not needed and can be replaced with a 2K other type or holiday, or even staycation, why not…!
At one point in time, we will need to decide on what is more important: the discretionary spending or the freedom FIRE can bring.
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Great story. I like the math to decide on buy or not. You also add in the occasional renting in stead of buying. All good elements.
We do not own one, we could use one from the family and now no longer can. It is great to have cheap holidays. It was cheap for us as someone else paid all the costs. Personally, I would not buy one. It means holidays always on the same spot, guilty feelings when going elsewhere,…
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Thx for the mention.
Now that we have a better idea of what we want, it is easier to go after that, evne if it means postponing FI a few years. Without that isight, I would not have changed jobs to a startup. From apure FI point of view, earning less is just plain stupid. In the bigger picture, it makse 200 pct sense….
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Sounds like you do not need that warranty. How many times last 2 years did you need a repair? What was the cost?
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Thx for sharing this!
Tom is a great person. He runs Tastytrade, the financial network I love to follow.
I watch their show on a regular basis!