Most people overestimate what they can do in one year and underestimate what they can do in ten years.
I feel like people still don’t get that I’m pursuing an endowment like model for my animal shelter - most orgs fund as they going, which means they have to keep raising money to continue as a going concern
One of my favorite open roaming / non kennel kept dog shelters ran
One of my favorite open roaming / non kennel kept dog shelters ran
Into problems during COVID when their traditional form of financing / raising money (through events and fund drives) ran into problems due to restrictions on gatherings. And they had low visibility online presence.
I have a hunch my online popularity is also fleeting so it
I have a hunch my online popularity is also fleeting so it
Would be dumb to start and run the org with a budget expecting to raise money year over year JUST to keep the lights on.
At the scale I want to run it at, it would be irresponsible To just expect the support to always be there just because it’s there now.
At the scale I want to run it at, it would be irresponsible To just expect the support to always be there just because it’s there now.
So for the umpteenth time, for the hecklers in the back, I will outline the plan briefly :
I basically plan to grind it out as long and as hard as I can until either it doesn’t make sense anymore, or at some point the passive income > active income
This makes the
I basically plan to grind it out as long and as hard as I can until either it doesn’t make sense anymore, or at some point the passive income > active income
This makes the
most sense, this is the way to MAXIMIZE impact. Because passive income will only overtake active income in the scenario that i fall off a lot, OR my investments compound to the point of dwarfing anything I do actively (stream, 0F, etc)
When I made the determination to do this,
When I made the determination to do this,
I Had already approximately saved enough to never work again if I didn’t want to. I could already “3% FIRE” at my then burn rate.
_____
also everyone who’s always like “YOU BOUGHT A GAS STATION/REAL ESTATE/STOCK INSTEAD OF FUNDING THE SHELTER?!”
in th…
_____
also everyone who’s always like “YOU BOUGHT A GAS STATION/REAL ESTATE/STOCK INSTEAD OF FUNDING THE SHELTER?!”
in th…
in the words of Bitcoin maxis everywhere “have fun staying poor”
Owning productive assets, good businesses, & investments is not truly “spending” money. It’s growing money. putting fallow capital to work so that eventually your money pulls the heavy load instead of your labor.
Owning productive assets, good businesses, & investments is not truly “spending” money. It’s growing money. putting fallow capital to work so that eventually your money pulls the heavy load instead of your labor.
It’s not competing with the goal, it IS the goal
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