Feb 10 2013
So this will be a reboot in more than one ways. First why I decided on a reboot and what I am rebooting.
Why the reboot?
Tim Ferris. Yep I will blame it all on him. I got his first book ordering it before it was released at a Boarders Book Store. The Four Hour Work Week turned my life upside down. I was totally not ready for it. I implemented some things and believe that I have become very good at activity management. I have found time where time was needed. I expertly applied the ideals and techniques in teaching, which became very dangerous.
I experienced new things as a teacher that I had never experienced before. Time. Lots of extra time. I developed a classroom that would run on its own. I felt useless as if I should be doing something. Fortunately our new evaluation system gave high praise to teachers who were facilitators in their classroom. That was me and I quickly rose to the top of the evaluation system and busted right through the top scores of evaluation and student growth.
But now what. I said my life was turned upside down. That sounds really great. The part that got me turned upside down was that I realized, like a giant light bulb exploding in a fiery death, I was better than many teachers who were getting paid way more than me just because they were older. And I had no chance to increase my pay without getting another degree and getting older. The system was flawed.
THE TEACHING PAY SYSTEM DOES NOT REWARD SUCCESS. IT IS OLD AND ANTIQUATED AND MAKES NO SENSE IF WE ARE TO GET BETTER.
I had a great leadership training session recently where this great old gentleman with a grandfatherly voice told us that we knew what we were getting into when we started so there was no reason to grip about it. And he is absolutely correct. However when we receive new information we can make better decisions and we may have to change our thought patterns because we find out that they were wrong. I was wrong.
So with new information we can make new decisions. For me it is like installing new software. I am a Microsoft guy. Not because I think that Microsoft is wonderful and can never be better but because it works (usually). It is compatible with the world, it is usable because that is what I have always used, and it is widely available. Not the best reasons but it is the reasons that we have. I would love to be a Linux guy but it is another thing to learn and it is down the list a little bit. So…the reboot. We who use Microsoft equipment know all about the reboot. But why do we do it? Two reasons.
Things are running slowly.
Sometimes when our computers are running very slowly we do a reboot. It clears out the temporary memory, stops ghost programs from running, and generally cleans things up.
We have Installed New Software
After we install new software most of the time the software calls for a reboot. It does this to organize itself from a clean slate.
So now I am doing this with my brain. I am rebooting it. I am cleaning out all the old thought patterns that have gotten me to where I am and I am creating new ones so that I can go where I want to go. The old thought patterns were great. They allowed me to get to where I am and I am grateful for them. Now it is time to move on, and move on I will.
I cracked open the 4 Hour Chef this morning. It inspired this post. Another Tim Ferris book, this one on how to learn. So another piece of this blog will be me marking my progress on learning something new.
I will apply the things I have learned in the 4 Hour Chef to learning how to trade and invest my hard earned money. The goal is to retire at age 50 with enough investments giving me a steady income to live the way I want. Yes the FU money. A simple calculation tells us that I need $6,250,000 in assets that produce an average yearly rate of return of 8%. That gives me $500,000 a year income to do with what I please. I don’t know how I can possibly spend all that money but I will do my best to achieve it.
February always seems to be the beginning of new years for me. It takes all of January to get organized and ready for a change. It is February 10th, time for a new year of change.
Two goals this year. Become a confident investor with a winning record and a 8% return on my investments. Weight 170 pounds by my 40th birthday. That is a half a pound loss every week. I can do this.