2020 if nothing else, has been the year to prove that the only constant thing is change. I find this phrase fitting because it defines our personal and professional lives. The individuals who find the most success are the ones who adapt and create new and innovative ways to achieve goals.
Since starting this blog(InvestLikeDad) in March 2020, I have learned a lot and was initially determined to teach the world about investing. I discovered that stock picking is a personal hobby and probably not the best blog fit as there are plenty of excellent resources already for finding stock advice like The Motley Fool, Investopedia, Morningstar, & Seeking Alpha available to you.
Instead of replicating an investment site that already exists, I think it would be better to build a site around what I am passionate about and want to teach my kids about. My new focus will be working towards financial independence, building my own companies, and having multiple revenue streams. I don’t want to be limited to just investments and my 9 to 5!
I have no desire to sit on a beach and be retired at 40. I want to build a legacy and business that my family can run after I am long gone. I want to show my kids that you can do whatever you want and don’t need to follow the traditional path to make it happen.
My frustrations when searching online for side hustles, businesses, and making money outside of your 9-5 have been all the websites that state how easy it is to get a side hustle going and they are pretty much all focused on young individuals without kids.
With a mortgage, 3 kids, and a limited amount of time, can I find a way to break out of the traditional world to create my own path? Hell Yes! Invest Like Dad will cover my journey and hopefully enable me to share my tale with my kids once they get older (my youngest is 3).
The difference between me and other sites will be the fact that Invest Like Dad will talk about investing not only your money but also your time while having a family and other competing priorities.
This website will be a starting point of holding myself accountable for progressing through my journey. I will post and track what percent of my income has been matched by my side businesses until I can be a full-time business owner.
Along the way, I will share my thoughts and advice on what works and what is a complete waste of time. What would really help me stay accountable is to interact with you and build relationships based on mutual goals!
I will keep writing about investing, but it will be more about my investments and ideas. I will also write about my wife’s side hustles and possible purchase of a business, creating a business, or franchising.
My wife is very creative and determined to make some extra dough too and has started Heart of Harcroft which is a really cool little furniture flipping business that has us driving all over the place to pick up items that people think are trash, only to create amazing pieces that people love. For the record, you will notice my wife loves distressing items which I didn’t even know what that meant until a few months ago.
One of my first posts on this revised website will be about a side hustle of mine, running a bunch of bitcoin miners which is a job I got off craigslist which I took to get more investment money!
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