Why It SUCKS to Own a Business

We all know the benefits of owning a business and many of us dream of becoming our own bosses—meaning, at one point, we will have people working for us, looking up to us and that is when things begin to SUCK.

When I had a job some few years ago, I did not actually care much about the state of the damn business. I did the minimum I could and at the end of each month, I had my salary coming in.

I was one of the many people who did not care about the company and took a lot of piss but shockingly, I was rewarded each year with a little pay rise and most times I said, my boss must be really messed up in his head to be giving us bonuses when all we do is take the piss.

It use to only knock me that I had a job when it was time to go to work and during the hours that I was at work, I remained just an employee. The moment time was up, I closed the computer and walked out of the building—not caring about if the business burnt down or if the business was doing well financially.

The truth is; I did not really care beyond my working hours and so did most of my colleagues—after all, we did not own the business.

But things changed when I became self-employed and it even got worse when I started hiring other people to do certain things that I couldn’t do or did not have the time to do.

Now I cannot even sleep for 60 minutes without thinking about my business, the way forward, the state of things, the financial struggles—and increasingly, I worry about how I am going to pay all the people I’ve hired to do things for me at the end of each month. Read more

The Dot Com Lifestyle | Give Your Life that Deserving Experience

Chris-Vincent1

 

Some of us have always said that, the Dot Com Lifestyle is not about the fast cars, the expensive designer wears or having limitless cash in your bank account (as if that is even ever possible), it is about having the freedom and time to do what matters—and giving your life that deserving wonder and experience.

For those of you who may not have come across the phrase “the Dot Com Lifestyle” or may not have heard of the concept of the “New Rich”, let me introduce you to this amazing lifestyle where having enough time on your hands mean more than anything else—including money.

For the better part of our adult lives, many of us will work till we are 65 and some will even die working, with the intention to retire at 65 but may not make it. The painful truth is that, we continue to trade our time for money and mostly, for peanuts.

Instead of living to work, a lot of us work to live—by giving all our time to work and not even having a minute to realize that we are human beings and we ought to treat ourselves as such.

Of course no one can survive without working, except if you won the lottery in millions and even that, you will work to keep the money away from scroungers. But work must not define your whole existence, it must not take you away from the very important things that matter so much to you.

Spending time with family, friends and loved ones or travelling to see some of the distant places and being able to do what you want when you have the full strength is what the Dot Com Lifestyle or the ‘New Rich’ concept is all about. And you do all these while still getting paid.

So instead of trading your hours for direct pay cheque, you create systems that makes you money while you are on the plane travelling to your favourite destination, why you are having a good chatting experience with the family, while you are spending quality time with your friends and loved ones.

What happens with this Lifestyle is that, you even earn money while sleeping—and I am yet to meet anyone who does not want to have that long sleep to wake up to some money having been made by the system he/she created or owned. Read more

What is the Point in Owning Things You Cannot Afford?

For certain, many people will die out of depression, heart attacks, sadness and constant thinking/worrying about certain material things when they lose them—an occurrence which has no space in the lives of a few smart people.

Recently, I was on a holiday with a female friend who lost her self-bought diamond ring which she claimed to have purchased for £9000 while swimming in the sea—and the rest of the days on the island turned into a world of depression for her.

Since she wouldn’t stop crying and she wouldn’t stop going on about her lost expensive ring and since I couldn’t afford to hand over to her £9000 cash to end the constant cry, I decided to ask some hard but real questions.

When I asked if she had taken out any sort of insurance for the ring, she said she checked on insurance during the purchase but the monthly payments were too expensive so she did not take one. At this stage, I said, “the fact that you cannot afford insurance on an expensive diamond ring simple means; you could not afford the ring too but you got it anyway”. And by this, I meant, she should not have bought that ring if she could not afford to lose it.

I can afford some expensive material things on a go but when it comes to such things, I do not purchase them because I simply can afford to buy them or want them—the most important catch for my evaluation is, can I afford to lose them?

Many people have several highly expensive things (subjective) in their possession and they take pride in the fact that they actually own these things. There is nothing wrong with owning expensive things if you like them and you can afford them. But the affordability concept must stretch to cover; can you afford to lose them without losing your mind or entire life?

Probably, I can afford a £30,000 BMW car but I do not own one. I have a BMW which is far less expensive and I can afford to lose it without actually getting worried. If I wake up tomorrow and my BMW is stolen, I will be pissed for a minute but that is how far I will go. I wouldn’t have to spend days or hours indoors, crying over it as my friend did over her lost ring.

I know someone who owns a Porsche and anytime the car breaks down, he goes into hibernation because he cannot bring himself to accept the Porsche Garage charges and spare parts cost.  Imagine what will happen to this friend if the car gets stolen or crashed into by a run-away driver? I bet he will fall dead on his pot belly… Read more

When Will the Wanting End So You Can Embrace Living?

I have always wanted a lot of things and I still do want so many things—-some are necessary and many fall within the unnecessary box.

I wanted to finish College and I got that done. Then I wanted a degree and I went ahead for that too. After the degree, I wanted a masters, which I am almost done and now I am thinking about a P.hd, and it is highly likely I will go chasing that too.

Aside the above, I wanted a job which I got, and then I wanted to be working for myself by a certain age, which I went after it and got it achieved. I wanted a car; I have bought several—one after another as they keep messing up. I wanted to travel a lot which I have done and continue to do…

For the many years of my life, I’ve been “WANTING” things and the moment I get these things, they become unimportant to me—the next want sets in and I go chasing that.

This is not an isolated lifestyle or a definition of my existence alone—it is how millions of people, both old and young are living their lives. Many more will join and many will die wanting, without ever living.

I remember reading Timothy Ferriss’ New York Times Bestseller-The 4 Hour Work Week (Escape the 9-5 Live Anywhere and Join the New Rich), in which he highlighted the fact that many people will never live, yet they will die.

Ferriss had a brilliant advice, which is, even if you want to work like a donkey so you can keep chasing wants, that is somehow fine. But instead of waiting to be 70 years to retire (when you cannot really do much), you must take mini retirements throughout your life—instead of “hoarding the recovery and enjoyment for the fool’s gold of retirement”. He was right when he said life is most enjoyable when you are effective, not when you are 60 with eye problems. That will never amount to living but struggling to live…

The most important question is, when do we stop the “wanting” in order to live and enjoy life for what it is—and celebrate the many wants we had which are no more, because they’ve been accomplished?

I surely do not want to live the rest of my life wanting, without ever giving myself the opportunity to LIVE but breaking away from the magic circle of want demands a total change in mindset. And I’ve realized that to do this, I must start by placing less value on my wants, more value on my life and a higher value on those things that have been achieved.

At College, I spent 3 years studying Economics and what I took out of it all which is relevant to this today is; man has insatiable demand for more and more goods and services. We are inherently greedy and what most of us do not know is; we are robbing our own selves from living, with this irrepressible hunger for more and more… Read more

Take Time to Enjoy Being Alive | Start with Long Walks through the Meadow

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Chris-Vincent Agyapong Febiri

Each summer, I try to do something new, refreshing and off my long to-do list—just to add up to my living experiences, no matter how small these things are.

My last summer was full of Europe travels, an adventure which took me once again as far as Sweden, via Denmark and other countries. I enjoyed the Scandinavia lifestyle and met several interesting people, tried different dishes and saw some beautiful ancient buildings.

Late last year, I started reading about disconnecting from the world of technology more often to enjoy being alive—by taking long walks surrounded by plant life. And after buying into the numerous benefits such walks bring to the mind and the body, I decided to make it my regular summer activity.

I’ve already started my long walks with my recent being today and I cannot express in words the natural beauty in switching off your phone and taking that long walk through a meadow.

As a writer, the mind is my greatest tool and for that matter, it is on a constant workout. Taking such long walks while disconnected does not only make me feel alive, I learn to relax the mind and I also learn a lot about patience.

Adding to the beauty of the long stroll is the beautiful plants that walk alongside you, as you relax the mind, enjoy the green and reflect on some of the deepest questions of life.

Interestingly, I do not pick any question to go through my walk with, but each week, I end my almost 2 hours long walk with at least one philosophical question which comes up as I enjoy my natural environment. Read more