More Time with Family

One of the reasons I want to get out of the rat race is so that I can have more time with the family. Relationships (if they are to be healthy) require a lot of time and engergy.

Most Important Skill You Need

What is the most important skill you need to get out of the rat race? Well, according to Robert Kiyosaki (whom I believe) it's SALES skills. That's right, according to Kiyosaki, in order to build a business and/or acquire income producing investments, you need sales skills it is "everything" in business. Now, I myself am not out of the Rat Race (I've been working on it for nearly 10 years now) so I can't speak from experience, however as a student on the road - I have to say that I agree.

Investing Basics

Some Basics of getting out of the rat race are as follows. Basically, your objective is to acquire enough passive income to more than cover your regular monthly expenses. Passive income is income that you don't have to work for, you earn it passively. For example: positive cashflow on a real estate investment, or limited partnership, or dividends on a stock. If you have to work for it (like you do at a job) then it is active income.

Exit Strategy!

Let's all get out of the rat race ASAP! The mission of this blog is to give you ideas, insights, and encouragement on exiting the rat race! What is the rat race? It's when you have to constantly WORK for MONEY instead of having money WORK for YOU! That's the short, short version of it. How do you do it? Well, that is a GOOD QUESTION! There is no one right answer for everyone - we all have to find our own path! But, my objective is to give you lots of tools to help you along the way! I hope to interview real people in Tampa Bay who have already exited the rat race, asking them how they did it. I want to explore different tools including the three kinds of small businesses (traditional, franchise, and network marketing). And I want to provide you with as many resources that I can find that will help you! To start, let me tell you about a book I read about 10 years ago that changed my life. You may have already heard of it because it has been a NY Times best seller since that time: Rich Dad Poor Dad by Robert Kiyosaki. This book is great! It talks about the childhood lessons that Kiyosaki's rich dad gave him - secrets that the rich teach their children that the poor and middle class do not.