What does hustle even mean? It would seem that this question is even difficult for the boffins that manage the Cambridge dictionary. The definitions are numerous and varied.
My favourite though has to be the following:
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Whatcha talking about?
As alluded to in my first post, I am currently looking for ‘more’. This can currently be expanded to ‘more freedom’.
I want to get myself into a position where I have the freedom to make any choice I desire without restriction or limitation. What this ultimately boils down to is financial freedom.
Now I know the Notorious B.I.G immortalised the famous ‘mo money mo problems‘ but how true is this? Not at all. There is an unescapable truth to this world and that is financial freedom affords you massive liberties. This is the ‘more’ that I need!
I thought you said hustle?
The first logical thought when wanting to make some extra money is to exchange time for remuneration. If you get paid $10 for one hour of work then you undoubtedly get $20 for two hours work. Simple uh? Incredibly simple. And by simple I really mean simplistic.
In my case, trading time for money is too short term. I need a more long term goal where the time investment is not continuously punitive.
Let’s hustle baby!
I now seem to have arrived at a problem statement and some high level requirements.
Problem: I do not have freedom to operate and make decisions without restriction. The key restriction being one of a financial nature.
Requirement #1: Establish a means of generating additional income
Requirement #2: The additional income stream must become progressively passive
I therefore have a starting point for researching and identifying solutions to the underlying problem statement. Not quite ready to hustle but I have certainly submitted the application.
Where next?
I have a fairly rounded awareness of potential income streams and, after this articles, I now have the measurements against which these can be assessed.
Watch out for the next post where I will start diving in to some of these income streams and see if they match up to my newly defined requirements.
Catch you soon!