B Invested

THE OTHER SIDE OF FEAR

 

What would you do in life if money wasn’t an issue? If you had no need to earn an income, how would you spend each moment of your time?

Theodore Roosevelt once said, “Far and away the best prize that life offers is the chance to work hard at work worth doing.”

Could you imagine a world where each and every one of us could focus on our “life’s work” -our true calling – without fear of financial insecurity?

 

WE ARE NOT LIVING IN FREE WORLD

We have to make ends meet, we have to feed ourselves and our family. We have to pay for somewhere to live, clothes to wear, education to empower us and even water to drink and clean ourselves in.

In this world, our “life’s work” becomes more about earning as much money as we can in order to reduce the risk of destitution. Our life choices are dictated by fear.

So, when it comes to setting goals about what we would like to achieve during this short flash of existence, many of us focus on “achievable” feats, such as breaking into upper middle management, buying and subsequently paying off a family home.

If money wasn’t an issue, however, would this still be the type of life we would strive for?

It is often the fear of being poor and hitting rock bottom that prevents people from following their true passion. Instead of innovating, thinking outside the square and “working hard at work worth doing”, they choose a “safe” job with a steady income and a 30-year home loan.

As co-founder of GitHub, Tom Preston-Werner, says, however,

 

“When I’m old and dying, I plan to look back on my life and say ‘Wow, that was an adventure,’ not, ‘Wow, I sure felt safe.’”

 

The following four people choose the path of adventure, not of safety. By following their passion and working through fear they achieved both remarkable success and financial freedom in the process.

 

JIM CARREY

“So many of us choose our path out of fear disguised as practicality. What we really want seems impossibly out of reach and ridiculous to expect, so we never dare to ask the universe for it.”

“I’m the proof that you can ask the universe for it.”

Jim Carrey’s father was a musician who decided to take a “safe” job as an accountant, rather than pursue his true passion.

When Carrey was a young teenager, his father lost his job and the family home. They found employment as factory caretakers, where at just 8 years old, Carrey worked eight hour shifts after school each day.
After a while, the family of six left the factory and moved into a VW camper van. Carrey began performing stand-up and achieved some local success.

After a while, his success waned and he hit rock bottom, however he followed his true calling and in 1994 hit it big in Hollywood, making $550 million in just one year.

Carrey says, one of the biggest lessons he learned from his father, who gave up his passion for a regular day job, is that:

 

“You can fail at what you don’t want, so you might as well take a chance in doing what you love.”

 

 

J.K. ROWLING

“Never be ashamed! There’s some who will hold it against you, but they are not worth bothering with.”

J.K. Rowling’s passion was always literature, however she came from a poor family who wanted her to study and get a well-paid job.

After working as a researcher for Amnesty International, Rowling moved to Portugal to teach English where her marriage ended in divorce.

It was only when she hit rock bottom, a single parent with no job, living off welfare on her sister’s couch that he true calling became clear. She put faith in herself and soon Harry Potter and the Philosopher’s Stone was born.

The Harry Potter brand now has an estimated value of $15 billion, while Rowling herself has a net worth of more than $1 billion. Imagine where she would be if she had given into self-doubt and fear.

 

NATHAN BIRCH

“I remember it quite clearly – that day I arrived at work and instantly met with my boss. I told it to him straight. I said I was quitting and wasn’t coming back.”

“I also said something I don’t think he’d ever heard before. I said I was never ever, ever going to work a job again.”

Nathan Birch was born into a blue-collar working family in Sydney’s west. As a 13-year-old boy, Nathan developed a passion for property after his older brother purchased his first home.

His father died when Nathan was still young. He had spent his entire life working hard to support his family, without reaping the financial benefits he truly deserved. This led Nathan to focus on a way he could achieve financial security while he was still young and enjoy a life not dependent on the “daily grind”.

He worked two full time jobs while his friends partied on the weekend and travelled overseas.

At the age of 18, he purchased his first investment property at a time when everybody around him was telling him that he would go broke through property.

However, he overcame his fear used it to creating safe investment strategies. He soon went on to purchase more, and by 24, he had achieved his goal of financial freedom. Finally, he could focus on the things that gave his life meaning, like helping others.

Today, Nathan owns over 200 properties and runs a Property Investment mentoring group with business partner, Daniel Young.

 

 

SET YOUR GOALS AROUND YOUR LIFE’S TRUE PASSION

The really remarkable thing about these people is that they pushed past their fears and self-limiting beliefs. They dared to aim for goals that others would have thought impossible.

Understandably, not everyone is comfortable going to the lengths these people did to follow their life’s true calling. However, it is possible to take away the need to hustle for survival within “the daily grind”, and free up precious time and energy for more important things.

By investing your money wisely, in appreciating, income earning assets, can help you achieve financial freedom so that you too can follow your true calling.

And if you think getting there is too big a step, remember this advice from Dr Martin Luther King Jr:

 

“If you can’t fly, then run; if you can’t run, then walk; if you can’t walk, then crawl; but whatever you do, you have to keep moving forward.”

Everything you ever wanted is on the other side of fear.

 

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