Day Job Killer Consulting and The Three-Percent Solution

Announcement #1: The Finance Your Freedom blog is now in pre-launch mode.  See here for a sneak peak (see here for more information about Finance Your Freedom).

Announcement #2: Next week I’ll be interviewing my friend Chris, who does what he loves and makes mucho dinero. And get this: it only takes him 2 hours per day to run his fitness business. I wouldn’t believe it either if I didn’t actually KNOW this guy. Check back soon for that interview.]

Announcement #3: This week in the VERY FIRST Finance Your Freedom newsletter, I’ll be answering a questions by Frans D. who asks “If you had to start over tomorrow from scratch (day job) to funding your freedom; how would you do it, what would be the most important thing to do and what do you suggest I do to get a jump start?”  Sign up here to see my response:

Most people can work from home and make a living if they’re determined and don’t mind working their asses off. That part’s doable. Working at home and actually loving it, however, is a different story: it can be hard as hell.

It’s Hard as Hell Because of . . .

The blue circle represents things you really like to do. Something doesn’t have to be ostensibly important, significant, worthwhile, or respectable to fall in this circle. If you really like to dance, go camping, cook, or play with your children, then those things go inside this circle (something tells me you know what’s in your blue circle, but read this if you don’t).

The green circle represents the realm of things you can do IN THE VERY NEAR FUTURE to earn money, support your family, and live comfortably. Your green circle isn’t just determined by you: it’s also determined by market forces, supply and demand, the global and local economy, etc.

For many people, there’s very little overlap between the things we really enjoy doing, and the things we can to do make a healthy living in the very near future. That’s part of the reason why so many people hate their jobs: they just can’t get paid for doing things they like to do.

By the way, I know plenty of people who work from home AND hate their jobs: working from home or owning your own business doesn’t necessarily fix your problems (it often makes them worse).

The Three-Percent Problem

The Three-Percent Problem is the reality that — for a hell of a lot of people — there’s only a 3% overlap (i.e. a VERY SMALL overlap) between the things we love to do and the things that pay the bills (as illustrated by the circles above). 3% is arbitrary. The point is that the overlap is small.

In fact, the overlap is so small that most people don’t even see that such an overlap exists at all.

At any rate, the Three-Percent Problem lies at the root of . . .