There is a certain expectation that comes along with graduating. It can only be described as 'The Maturity of Independence'. Not only does it feel like the world expects you to have all your marbles in a line, you can't help but expect it of yourself as well. I have reached this stage in life and find myself lacking.
While all my business friends have worked their way into corporate positions - and because they diligently added to their resumes before graduation - transitioning neatly into the workforce, I am back home in much the same position of inexperience as when I was in first year. Well... darnit.
I guess I should have foreseen this and prepared my transition, but really I had no desire to do so. I still have no desire to do so. The simple truth is, I never want to have a job. At least not one in a purely business sense. When I get into animation I will definitely need to pay my dues, but that won't be work at all. I am currently moving towards that realm but it will take some time for me to get there, and I can foresee at lot more expenses and responsibilities coming my way.
To lighten the oncoming financial load and spur my personal growth, I have decided to pursue the road of entrepreneurship. It will be a learning process but in the end, I hope to build something of worth for myself that will allow me to live comfortably and pursue all the things I want to do.
The journey starts here with the intriguing subject of passive income. Essentially it is money earned by systems that run even when you're not working on them, such as royalties, or advertising. Steve Pavlina does a great job off explaining the principles behind it in his passive income series. I urge you to check it out.
So to kick off my road to independence, here is my first goal:
I will create a new stream of passive income by December 31, 2012, that generates at least $100 per month on average and endures for a minimum of 5 years