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Retirement fail

It’s time to face facts. My first attempt at retirement has failed. It’s been just over 2 years since I withdrew from the workforce and I’m almost broke. In that time, my total income has been £1’700. Clearly, I’m not financially self sufficient. I have not created the revenue streams that I set out to.

Realistically, I spent the last 2 years farting around. I had some great times, met some great people, I have some incredible stories. But cash flow I do not have.

It’s time to get back on the horse. Time to get back in the saddle. Time to recognise that I must once again return to the pursuit of wealth.

Let me also be clear, this does not mean I will return to exchanging labour for reward. I will not. I will focus on building businesses, not working for money. In that sense, I have absolutely made progress. But the important word here is focus, I need to pull my proverbial finger out and get to it.

The first step is to find a physical space in which to work. Working from home isn’t working. I need a desk in an office somewhere. I’ve put out a few feelers. I’d welcome any suggestions.

I began this journey into retirement with lofty ideals and high ambitions. The last two years have been decidedly retired. Late, lazy evenings, later mornings, and a generally relaxed demeanour. I had hoped to sustain myself financially within that relaxed state, but in that ambition, I have failed.

Now I must rouse myself from the drowsy slumber of retirement and return to the sharp, focused, energised passion of commercial enterprise. Hopefully, with a few well placed choices, I will return to the lackadaisical lifestyle soon. Until then, back to the grindstone.

Posted on: July 22, 2011
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Duncan Thorp at 2011-07-22 17:21:35

Failure is success if you learn from it. That is all.

Callum at 2011-07-22 17:36:31

Indeed sir!