View Single Post
  #20  
Old 12-09-2013, 06:30 PM
out2kayak out2kayak is offline
Lateral-g Supporting Member
 
Join Date: Feb 2010
Location: Leo, IN
Posts: 440
Thanks: 4
Thanked 18 Times in 17 Posts
Default

Quote:
Originally Posted by XLexusTech View Post
Talents... I am really good and pride myself on my leadership skills. I love, literally.. teaching mentoring and making others happy. Its the only thing that makes me feel accomplished. My technical skills, problem solving abilities have gotten me to a place where I solve the most challenging technical issues for the largest financial institutions in the world. (my job today involves the software they use to move money) I can weld, Fix cars, and if its mechanical... I can figure it out..

My "plan" was to retire at 52 join the peace Corp.. and eventually work my way to a place where the Money I had in investments provided me the ability to do whatever .. wherever..... I wanted... I have no children.. no baggage...

I realized long ago money nether motivates me or makes me happy... Security.. it very important.. (i have an irrational fear of being destitute).
Not sure if you write software or are a user, but have you considered cranking out a few mobile apps and putting them out on ITunes / Windows MarketPlace / Google's app store / etc.?

Don't expect much but you can build up a decent cash flow.

Also, if you want mindless work, check out utest.com. Basically they outsource testing to folks. Again, not a ton of money but will keep the cash flow up.

What about pulling together your own apps and sell them on Amazon or other site? Amazon has an amazing logistics support package. Either that or web work, hosting on Azure, Amazon AWS or other cloud host.

If it's a don't like where I'm working now kind of thing, there are many tech jobs out there. Plan your exit strategy and execute. I can't think of a time where I did not have several plans if things went pear shaped, just in case backup plan 1 failed, I could fail over to plan 2 or 3 or 4 or some variation between.

Use what you are good at to benefit yourself. Dream big and go for it!

If you do go for your own business, check out score.org. Are you a veteran?
They offer courses on setting up your own business and offer them free to vets. Highly recommend them.

As a backup plan, have a freezer and fill it. Go hunting, if you like it. A moose is 700 - 1400 lbs on the hoof and a deer is 150 lbs (largest field-dressed deer weighed 402 pounds in MN).

As for healthcare, I think we are pretty much screwed in the short term (3 - 5 years) at a minimum. Will be interesting to see where Obamacare goes. Shop around for a policy and pay off a years worth. Have you been banking money in a HSA? A decent way to tax free put aside money for healthcare. Be careful, a FSA won't roll over year to year.

As with any software project I've been on, put together a risk register where you can calculate a weighted risk value and put the risk mitigation plan. Put aside the weighted risk amount in a fairly liquid and relatively low risk place. As new risks arise, put them on the register. As you burn down the risk, the money can transfer to cover other risks or simply move to a more useful purpose.

Bottom line is that you mention leadership skills, this is no more or less than creating and executing another plan, the plan to make your life better.

Thoughts?

__________________
-- Joe
Reply With Quote