Posts tagged: long-term

The Budgeted Nomad?

Well, I’m sick. I’m a little surprised by that, because I don’t remember the last time I was seriously sick. It was before my mission sometime. I think part of the reason I may be sick is because I haven’t been exercising as regularly as I usually do, and I’ve stopped being quite as diligent in my eating habits. I guess it could also be that I just got a virus. I guess I shouldn’t expect to never get sick no matter how healthy I keep myself.

I continue to mull around in my head the idea of this nomadic trip. I would really like to make a decision, but I just want to make sure I’m going to commit to whatever I decide to do. On Sunday I went to personal finance class that our Stake wants to be taught to every ward. I really enjoyed it, and I learned a lot. When I was listening to it, I realized that I really need to start saving and putting money away. I guess you could say, I need to start planning for my future and being financially prepared for it. That’s one of the bigger doubts that I’m having now. I mean, I’m almost 25, and I have nothing saved away. Nothing. A lot of people my age are in debt, but that’s not really an excuse.

So, if I go on this trip, it will probably only delay the amount of time until I start making money and putting it away for long-term plans and goals. See, there is one part of me that is starting to realize all the lessons that I’ve learned from my many different post-graduation jobs. The reason I kept getting new jobs is because I wanted to find something that I loved doing. I kept telling myself that the money isn’t important, and that if I find something I love, the money will follow. Well, I’m starting to realize that is true in a sense, but if doing what you love doesn’t pay enough to satisfy your daily wants and needs, then it taints the activity and you start not to enjoy it as much. I’ve been so concerned on finding exactly what I’d like to do, that I haven’t been consistent with anything. I think that a better plan is to find a job I enjoy that pays well, but that still gives me the time and freedom to explore other options at the same time. See, I could have had a part-time sales job during all of these different adventures I’ve had. Then, since I wouldn’t have financial necessity to worry about, I could more fully analyze how much I enjoy the different projects I get involved in.

I’m an entrepreneur by heart. I see opportunities, and I always get excited about trying something new. Although having money isn’t necessary to make businesses successful, it sure makes them a lot easier. There are some ideas that I’ve had that I just couldn’t pursue because I didn’t have the financial resources to pursue them.

For example, with RateMySummerSalesJob.com, I got sick of going through the website and trying to search for problems that needed to be fixed. If I could just hire someone to do the beta testing for me, I could be off and running on the project. So, although starting a business is a great and worthy goal, I need to have a job that pays well while I explore different business options. That way, I won’t even consider myself to be finicky. I’ll have a job that I do regularly, but I can just consider my different business adventures as hobbies. And that’s completely fine to me if I have lots of different hobbies.

Also, to me it’s not necessarily just the excitement of working on my own ideas that intrigues me about entrepreneurship. I think it’s the idea of taking nothing to something that sounds so fun, whether it be my idea or not. In the Utah Valley, there are a lot of startup companies, and I would love to get in on the ground floor of many of them. However, I need to have a specialty that I can bring to the table. Although I consider myself really good at fixing problems, being very organized, and having an eye for opportunity, those aren’t the kinds of skills you sell yourself on. I need to have a specialty that will make me a valuable asset to any company, especially startups. I think the best thing for me to become specialized in is sales. I like sales, and that’s the lifeblood of any company, especially startups.

So, I guess my concern is if I go on this trip, I’m just delaying making money and starting my life. However, I can still go on this trip, make money, and put it away like anything else. In fact, if I don’t have to pay for housing, my expenses will be lower, although my food expense will increase, and my travel expenses could increase as well. But, I could set up a very specific budget for my trip that I need to stay under, while still working and making money through my sales job. I’ve been feeling more and more how I need to set a very specific budget. I want to live for about $1000 a month as far as my living expenses are concerned. That seems like it would be rather easy to stay under while traveling on the road, and I could make a budget specific to my nomadic lifestyle. Once I want to return to a “normal life”, I can just readjust my budget to the different expenses that will be associated with how I live.

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Commitment Issues

I talked to my little brother Matt today on the phone and he asked me to be his best man. I’m pretty excited about that. I’m not sure why, but I hadn’t even thought about the fact that I would probably be his best man. Anyway, we started talking, and I told him about my plans to be a nomad. It was kind of funny because he sounded SO nervous for me. He didn’t say a whole lot, and I knew that meant he was thinking this in his mind: “Whoa, what’s wrong with Aaron? He’s going A-wall. He’s never going to get married with the path he’s taking. I don’t feel so good about his plans.”

His silence basically came off like the same response that I got from my Mom. Worried that I’m throwing my life away and running away from something. Well, I’d probably think that if I was somebody else. I mean, usually when I hear somebody is doing something kind of different, I am jealous of them. But, I think most of my siblings are just wondering what my long-term plans are. I don’t blame them for worrying, but I just think it’s a waste of their worry muscles. Worrying never does anybody any good.

While I was talking to him though, he brought up kind of a good point about what I’m doing. I was telling him how I just lose interest in things pretty quickly, and it seems like I have an interest in something, but then I lose interest, and I move on to something else. He mentioned how that was kind of like my Dad. That was something that bothered me about my Dad growing up. He would get interested in something, spend a bunch of money on that hobbie, but then it just wouldn’t last. I always thought the use of money on the Hobbie was a waste if you weren’t going to stick with it. Well, I see the same kind of patterns happening in my own life. It’s not even the fact that I lose interest completely, I guess I just get bored and I’m ready to move onto something new.

For example, I remember when I wanted to learn the guitar. So, I got a guitar, I learned a few songs, and then I lost interest. I mean, I still like to play the guitar once in a while, but now that I basically learned it good enough so that I can learn a song whenever I want to, I just don’t enjoy it enough to pull it out every day. See, the question is how that tendency will translate to my professional life. Am I just going to need to switch jobs every year to keep things interesting?

Well, after thinking about it a while, I’ve realized it’s not all that bad. I mean, I have an eye for opportunity. I really think I do. I have a few entrepreneurial friends who just feel like once they get a good enough idea, they’ll be able to start their own company. For me, I feel like I have pretty good ideas fairly regularly. So, for me it’s not about having the idea, it’s about execution of the idea. I love having a new idea and trying to go after it. I could see myself being a serial entrepreneur, but I need to pursue my ideas further, until they are successful. So, this kind of goes back to what I wrote about before: I should never drop something before I am successful at it.

After thinking about all this, I’m wondering if my travel idea is just one more of those ideas that I need to get out of my system so that I can move onto the next one. I wonder if once I get out and I’m on the road traveling around, I lose interest, and I only travel for like 2 weeks before feeling like I’m done doing that. I could see that happening, and I wouldn’t put it past me. That’s why I need to make the decision right now, that whatever I decide to do, I need to stick with it.

If I decide to travel around and have a blog and what-not, I shouldn’t be done with my trip until I have created a successful blog and I’ve seen some of the things that I want to see.

I also wonder if my desire to move has affected my ability to finish some of the ideas I’ve had. If I know that my location isn’t permanent, and that I don’t want to stay in a place for much longer, then it doesn’t make sense for me to start any sort of sustainable business. Like RateMySummerSalesJob.com, I would probably want to stay around in Utah somewhere to make that a success. If when I’m working on that project, I have a feeling that I don’t really want to stay in Utah for much longer, it might be hard to actually push through on the project, because I know it’s something that just won’t last. I think that’s also true about the other jobs that I had. When I worked at Qualtrics, I knew that I would need to be there for at least a year if I wanted to be a successful B2B salesman. Well, I didn’t really want to stick around in Provo long enough to be successful there, so that’s probably what led to me quitting my job.

It seems that my desire to live in a certain place is strongly connected with my ability to see things through to the end. The more I can plan on living someplace long-term, the more I will be able to start businesses that will endure. So, it seems that for me to be able to find a place that I can see myself living long-term for, one of three things needs to happen. First, I get married. Then, I make a decision with somebody else involving where we want to settle down. Second, I just make a conscious decision about where I would like to live for a year or two. Third, I make some sort of long-term commitment in a location where I feel obligated to fulfill my commitment. I guess this would be like a job or something.

Basically, this analysis has helped me to see that I do think it would be beneficial for me to travel, because I think it can help me to make a decision about where I want to live next. Once I have made that decision, I think it will help me buckle down and follow through on the ideas that I have. Besides, if I don’t follow through on this travel idea, it will be perpetuating my bad habit of having a great idea but never following through with it.

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