[quote name='sblymnlcrymnl']Not every one knows are even has something they would enjoy doing. Then you have to be willing to put in the time and effort to get it going, along with the financial stability to keep you going if you fail (supposing you're going into the self-employeed world). Not everyone is both willing and able to do what you've done. Me, I'm not willing
or able. I can't even get past that first step of actually wanting to do something. :lol:[/QUOTE]
Yeah, it's becoming quite apparent that is true but I can't stop feeling frustrated about it. It doesn't concern me since I've got the good life but I just can't help the fact that my fellow humans are too afraid or just don't know what to do with their lives. It's probably frustrating to me even moreso that the ppl in that situation :lol: but I can't help but be pissed. But what pisses me off more is that there's nothing I can do about it. No matter how much I try to help or offer my services, people are too afraid/don't know how to take charge of their lives. And it's due to the thing that javeryh is saying:
[quote name='javeryh']It's because not many people like taking risks. It's very easy to just go to a "safe job" every day and not have to worry about putting food on the table. I would love to quit my job and invest my (considerable) savings in my own company but I can't afford to fail - there are people who rely on me and I can't take the chance of letting them down - no matter what. Maybe if I get shit canned in a few years (which will happen - it's the nature of the beast) I will take a step back and try something different but for now I have to suck it up and just complain about it here.
[/QUOTE]
I think anything, given enough planning, can be accomplished. True while you can't plan for everything, there comes a point at which ppl just have to do things instead of thinking about it. Too much thinking leads a condition called analysis paralysis. People become so concerned about making big leaps of faith as too risky when it's not the thing that is risky, it's the person without the proper knowledge is risky. I didn't know shit about real estate until I got a property at college. I paid my dues by dealing with tenants/building contractors/municipal concerns. I had zero knowledge. There were times at which I was afraid but I always asked for help. And I think still think that is the primary reason are afraid to take major risks even though IMO, I think that working for someone else is the riskiest venture of all.
One of the primary reasons why I love real estate is that I earn money whether I'm working or not. If it's rainy, sunny, windy, earthquakes, or tornadoes; whether I'm sleeping, eating, or even playing video games, when I'm visiting another state or country, it doesn't matter. The rent will come. If it doesn't the tenant has a 1 month leniency period to make it up or get evicted.
But contrast that to someone who's getting an hourly salary. He doesn't get paid unless he's at work. If he's sick he doesn't get paid. If he doesn't show up to work when it's rainy, windy, earthquakes and tornadoes, he doesn't get paid. Eventually he doesn't show up enough times, he gets fired and he has to start the grueling and unpleasant task of finding another job. He's at the beck and call of those who pay him and I didn't want that to happen to me.
But what about those guys who get a set salary? Surely they're in the same boat as me? Ah, but there's still a crucial difference. My 'salary' is almost nonexistant next to all these guys who are making 150K a year and up, but they'll end up paying a huge penalty tax-wise when 15% of that money is taken by good ol' Uncle Sam. It's not the same for a company. Because I get a lower salary than most burger flippers, my 'salary' goes back into making my company grow. As a trade off, my company supplies me with all my needs - food, house, cars, etc. and the company is able to deduct most of them as part of the cost of doing business. The tax laws work too much in favor of companies for this to ever change. In order for it to change there would have to be a major paradigm shift which would probably not take place without disrupting the status quo through a major event - war, advanced tech, etc. As an individual, there's too many penalties to count in contrast to the advantages that a company receives from Uncle Sam. That's what frustrates me. People think it's better to work as a peon at some faceless corporation while I'm making the corporation work for me. I'm living the good life but some will see me and be jealous of what I have even though they stubbornly plod through their own lives by working for someone else and can't see that their way isn't working.