View Single Post
Old 01-30-2010, 11:25 PM   #1 (permalink)
Merlocke
 
Merlocke's Avatar
 
Location: Canada
Just curious - would you want to learn how money works? Should I build, or teach?

I'm deciding whether or not to pursue an old passion of mine. I retired at the age of 26, but due to the financial market and some bad decisions and bad timing, I came back to work. This however won't be a super long stint as the lessons learned en route to my first fortune are things that I can leverage on the way to my second. It's not a matter of "If" so much as "when"...

I thought that teaching others how to make money was truly the only way to become wealthy once again. I really believed that in serving others, you helped yourself. However the decision I'm trying to make is I know have acquired knowledge and started projects that do not require me to help others make money anymore. I can solo it - just a lone wolf and quietly quickly rebuild.

The thing that pains me is that I do miss showing others concepts that put the financially ahead of the game, but I now have 2 young children, and wanting to spend more time with family - I can't run as many projects anymore as I used to.

So it's a decision I've got to make now.

Do I

A) Make a fortune faster on my own (but sacrifice my enjoyment of teaching others)
B) Run all of the projects simultaneously (not sure if this is feasible, and if I run too many, I run the risk of failing everything simultaneously)
C) Continue teaching others and stalling my own goals to rebuild?

It's a selfish thought - I understand, but the thought crossed my mind that once I've rebuilt - it will be easier to go back to teaching afterwards with capital to spare, and more donations to charity after I reach my goals once again.

I suppose another option could be

D) Teach someone and get them to teach others, but I've tried this and it's difficult to train one person EVERYTHING. I'm not saying that I'm smarter - it took me a LONG time, and a lot of reading and research to earn the stripes and scars I've found out along the way. I just fail faster than most - so eventually finding the path is inevitable.

At this point I'm just rambling - but I've always gotten good feedback and advice from others here. Is it truly the better option to "put on your mask before assisting others" (airplane safety talk) or is it more enriching to build people along with you?

Please don't read into this as arrogance - that I know more than others so it's my "duty" to teach. It's just that someone took the time to teach me, and I feel like I'm not doing my part unless I repay the favor onwards. Being torn in two directions means that I'm moving in neither direction, and being in a stuck state... well... sucks. Nothing gets done, and nobody wins.
__________________
-=[ Merlocke ]=-
Merlocke is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360