Sep 21, 26'
What should I invest my time in?
- Entrepreneurship
- Philosophy
I’m a little torn between investing my time in consulting versus these business ventures. I guess it’s the same dilemma for anyone really - invest your time and energy in your job or in your side hustles? I thought about the difference between each. When I take certs and am working, I’m investing in a skill whose value is directly proportional to my income. It’s linearly proportional however. Linearly proportional not only to my income but also how much I work. Whereas as an entrepreneur your revenue, and therefore your income, has the potential to scale independently of time spent working. Saving and investing is a first step out of this hole. However, for the average performing investor, it’s a slow process whose real benefits take years to show. Going self-employed is a next step. It is both an investment in my own brand and network - it’s an entrepreneurship - but it also frees up additional capital to engage in investment. It enhances the first step. I’m obviously still quite green to make predictions and probably optimistic. But you know, I like to theorize. We’ll see how this pans out 🤩
Bernard