The vast Majority of people falsely assume that working for a large corporation is the safest way to make a living, but what happens when your employer downsizes and you get laid off?  What will you do then?  You have no control and no say in the situation, your only option is to accept it and move on.  Becoming self employed puts the power in your hands, quite literally, you will fail or succeed based solely on your own actions, abilities and determination, rendering the above scenario inconceivable.

However regardless of the source, relying on a single form of income is risky business.  Whether it is a paycheck from an employer, profits from a business venture, or passive income from an investment property you are putting yourself in harms way.   Again, what will you do when something out of your control goes wrong, the economy slows and your business starts losing money?  Or your investment property requires unforeseen repairs that break the bank?   A single source of income is a single point of failure, and only one step away from financial disaster.

Diversification is the answer and is just as important to your financial freedom as it is to your stock portfolio.  Diversification is a  back up plan for when things go wrong with one piece of the puzzle. Diversification gives you the peace of mind to know you can rely your other profit centers until the problem has been remedied.  As a result I have decided to focus my attention on three activities I am very passionate about, The Three Pillars to My Financial and Personal Freedom, are small business, real estate investing, and… blogging.

Everyone has their own individual passions, dreams and ideas, and it is absolutely imperative that you follow the dreams you are passionate about.   Achieving personal and financial freedom is essentially being the business of you.  You have to love what you do, and let the money follow your passion.  There is no separation between work life, and real life, there is just life.  The goal is to live the life I want to live, without worrying about how I am going to support that kind of lifestyle.  It will just happen, Why?  Because I am in the business of me, my life is my business, and the rest will take care of its self.

For the most part this website will be focusing on the he Three Pillars to My Financial and Personal Freedom; small business, real estate investing, and… blogging.  I will be documenting my experiences in an attempt to convey the lessons I have learned along the way, both good and bad, and will shine the spotlight on other inspiring entrepreneurs in an effort to learn from their successes and failures alike.

I hope that this exercise will not only prove to be a valuable tool for my climb down the corporate ladder to financial freedom, it is my hope that KirkHatesWork will provide you with an immensely useful resource for you on your own personal journey to financial independence.

Related posts:

1. 2009 A Year Revisited – The Journey Continues The title of this post used to be 2008 A...