What A Difference A Week Makes!

In our last blog update, read it here, I discussed that two weeks into our new business venture we hadn’t had a single job come our way which was a little disappointing. I also discussed how I have been working a side gig job to try and see if it was a viable way to earn some cash while building some business relationships. This past week everything changed.

After spending time going business to business, meeting people and handing out business cards I decided to do a cold call of a large agency. The response I received was the usual “we will have someone contact you about getting your business set up in our system” which I agreed to but didn’t think much about. About two hours later my phone rang and it was an associate calling to take down my business information. Again, I didn’t think much about it because I’ve already been down this road many times in the last two weeks. But this time, as we grew close to ending our conversation, the associate stopped and asked “do you want your first assignment right now?” My stomach sank and I paused because I couldn’t believe what just happened and I didn’t know if I was ready to answer yes at that very moment. So in a complete haze I answered “sure”. Continue reading “What A Difference A Week Makes!”


Two Weeks In……………………

I never thought for a minute that this transition would be easy. I also didn’t think it would be this hard.

Here I am, two full weeks into my new business and I have yet to land a job. Now, I wasn’t naive to the point that I thought a sudden avalanche of business would just magically flow my way from the day I opened the doors. However, I did think that within two weeks I would have landed at least one job. Not a big job, but something small to at least get me moving in the right direction. But so far, zero, zip, nada! Continue reading “Two Weeks In……………………”

September 2019 Financial Update

September was a month of change and closure. Once the month ended so too did the third quarter of the year, along with my full time employment in the corporate world. I’m not sad to see either one of them go.

As we start a new month and a new quarter I am also officially self employed. That has a great ring to it, and it makes me proud to be able to say it. However, saying it and doing it are two separate things and it didn’t take long for this new reality to set in. Continue reading “September 2019 Financial Update”

A Fresh Start

That’s it! For the first time in my professional life I am not employed by someone or relying on an employer for a paycheck. I don’t know that it has fully hit home yet as my last week of work was a whirlwind that ended with an awesome gathering with my now former co-workers. I wasn’t expecting anything except the usual goodbyes and good luck that comes with being in management. What I got was a full blown celebration that lasted the whole day and continued after hours and late into the night at an offsite location. It was a very humbling experience that I am still in shock over.

My new venture is off the ground and I’m officially open for business. I’m still working on my final certification and should have that wrapped up in the next day or two. The next step is to make sure all of my lose ends are tied so I can spend some time getting out and networking with other businesses. I’ve never been in the position of having to network and hustle for business. The old adage of “fake it until you make it” keeps coming to mind as I will have to portray confidence in doing something that I really don’t have any experience doing. I think my years in the business world will help me with this process, but I can’t help but feel a little nervous about the thought of walking into businesses and trying to connect with folks.

On the financial side I’ve been thinking a lot about how this change will impact our Financial Independence journey. I was fortunate enough to have a good amount of accrued vacation that was cashed out so I am essentially being paid for the next month. After that my goal will be to make the equivalent of my take home pay each week. At first I was hoping to cover my whole salary, but I think that would be a tall task this early in the process. Also, with the benefit of small business tax write offs we will probably be able to keep more of what we earn which lowers the bar to breaking even. Once we start getting some steady business and income then I will look into starting a SEP IRA or 401k to increase our savings and lower our taxable income further. This is the part I’m really excited to learn more about and put into place. I think it will be a huge boost to our savings and it will also keep the government’s greedy hands off more of our hard earned cash.

With my new found freedom I am hoping to also have more time with family and for activities like writing this blog. One of the perks of making your own schedule is that we will be able to get out in our RV earlier on travel days which will save us time and money since we won’t have to idle in hours of traffic getting to our destination. I will also be able to post blogs when I want to instead of always waiting for the weekend as I have had to do the last few months.

These are exciting times and we look forward to sharing them here. If you have any feedback or suggestions please leave them in the comments below. I would especially like to hear from those of you that are self employed and what you are doing to maximize savings and minimize your taxable income.

Thank you as always for taking time to read our blog. Next up is our September financial update, stay tuned.