Principles for Building Wealth Slowly

By Brian McCormick, CSCS, published Feb 29, 2008
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Most articles focus on the quick fix, gimmick plans to strike it rich and live a life of fantasy. This is not one of those articles.

When I graduated from college, I had a few small goals: (1) no suits; (2) no 9-5 jobs; (3) no resume builders. I am impatient. I hate the idea of spending 20 years working to get the job I want today.

There are easier career paths than the road less traveled, which I happened to take. But, for those with creativity, a free will and a disdain for the status quo, here is a small map toward building wealth slowly, while living life as it happens.

Develop a Skill

Following your passion takes guts. Becoming an actor, a fashion designer or a professional basketball coach is not all glamor, glitz and million-dollar contracts. Instead, it is a lot of months figuring out how to pay the rent. To pay the bills without forfeiting the dream, develop a useful skill, preferably one in demand.

My skill happens to be writing (although I have dabbled as a Spinning instructor - get paid to workout!). For the last year, while trying to find my next professional coaching job and starting an online business, I have survived almost exclusively off the sales of my books: Cross Over: The New Model of Youth Basketball Development, 180 Shooter and Hard2Guard: Skill Development for Perimeter Players.

Comments
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Great article. I find your advice useful especially as I am starting to build a career as a freelance writer. Thanks for sharing.

Posted on 06/18/2008 at 7:06:08 PM

 
Thanks for sharing your experience.

Posted on 03/18/2008 at 9:03:04 AM

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