The Busy Start To The Year

It’s not unusual, in this phase of my life, for the above statement to be true, but it seems to be more so each year.

This year has started quite different though. There is something lurking in the background which could promise to be a life-changing event. If we get it right.

We are currently looking to see if we can raise significant sums of money to start up a new business. It is all a little secretive at this stage, even though no one reads these posts, but it is just sensible for me to play my cards close to my chest. We are really excited about how it might all happen, and, if it is successful, it will replace almost everything I am currently doing for the next five years.

But, once again, none of these things happen easily. There is risk, lots of it. I’m very excited about it though, possibly the only thing in my life to have really generated something that could take me into the stage of being comfortable about life. There’s lots of work to do, but I think I have the right attributes, and I have a few people around who are going to support me taking it forward.

And all of this while trying to enact a new year’s resolution which wasn’t actually a new year’s resolution. It just became one when I got back home, back down South. I decided to try as hard as I possibly could to not take work home with me. I’ve added a new distraction to try and help enact this, partially related to trying to create some sort of social life for me. A social life that travels via apps on a smartphone. Wow. I really worked hard on that one. Yet more screen staring. I do that all day in work, and I do it for the rest of the day, morning and evening, at home. Meh.

So it’s been a bit different and a bit exciting.

Meanwhile, the main thrust of my work continues unabated, driving me insane and slowly thinking about shutting the whole thing down. If I was confident about the income from the other business, I would do it. But at the moment it has huge amounts of costs and an uncertain cash flow position for the next month, which is pretty stressful. It always seems to be that way. Everyone else makes off with the money whilst I refuse it so the business can survive. I took no dividends in December so that everyone else could get paid, including my business partner. Not much of a partner. Hmm. Why am I doing this again?

That’s right – because I keep thinking there is a pot of gold at the end of the rainbow.

Maybe there is. But it’s almost the last throw of the dice now on this big venture idea. I hope I’m right… because if I’m not I’m going to be pretty screwed.

It seems like I’ve been back here for months, but in reality it’s 11 complete days. It’s been a whirlwind as usual.

Christmas now seems a distant memory.

171 days until 30

Will The New Plan Go Anywhere?

In my life there have been various moments when I’ve decided that it’s a good time to answer one of the most important questions there is.

What’s next?

The context… it’s nearly the end of a year, which is usually a good time to evaluate anyway. But on top of that, the forthcoming year, 2015, contains my 30th birthday. Surely, then, no better time for a mid-life crisis?

Perhaps not yet. Right now I am feeling remarkably philosophical about the forthcoming year. I’ve been feeling “old” for at least the last five years now, so adding a further year is not going to make a difference. It will, of course, be sad to leave the 20s behind, but there’s nothing I can do about it. I am getting further and further away from the youth demographic, and it’s tremendously depressing when I stop too long to think about it.

So I try not to. Instead, I contemplate the future.

The new plan, which is to run in parallel with current businesses, is to consider a third venture. One which is a bit more reliable from a long-term perspective: property.

I have secretly always wanted to be a property tycoon. I like the idea of having a property portfolio. I reckon it was too many student days catching rubbish like Homes Under The Hammer, but the prospect of the returns that can be made is quite enticing for someone like me… I like to think of myself as a very modest entrepreneur.

It seems to make sense. I have spent my entire 20s saving and saving, living a pretty rubbish, frugal existence, which very little in the way of outside interests. As a result, I have some money that I would like to invest. I would very much like to start my 30s owning my own home, but frankly I don’t really care that much about it being my home. I would be just as happy if it were a home that I built (with assistance of course) which was then sold on to make a profit, before moving on to the next one.

And so the plan begins. The idea being that me and my business partner (for my second business) are going to commence a self-build house project. I bring the finance. He brings the building knowledge.

The trouble is, the prospects are limited. Where we are… well, let’s just say land doesn’t come up very often. Demand is phenomenally high. And my finance is not limitless. In fact, it might not be enough.

It could be a long time waiting.

Which is problem, because I am starting to get impatient.

I am hardly a showy or flashy individual, and status symbols like cars, houses, expensive possessions and jewellery generally have no impact on me whatsoever. I have never desired any of these things. But, to some degree, I am seeing the house project as a life milestone. Everyone remembers buying their first house. I want to do the same, but build it myself. It will be quite the marker for a 30th birthday.

It’s nice to have goals, though. I feel like I have been drifting somewhat for the past year… so I am ready for a new challenge.