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öllö

Discussion in 'Making Money' started by TheRatRaceChallenge, Jun 6, 2015.

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Is it possible for anyone to reach economic indepence in 1000 days if starting from zero?

  1. Yes

    0 vote(s)
    0.0%
  2. No

    0 vote(s)
    0.0%
  1. TheRatRaceChallenge

    TheRatRaceChallenge Newbie

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    Occupation:
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    Hello!

    My name is Richard. 2 months ago I dediced that I would challenge myself over a period of 3 years. During these 3 years I will try to go from a normal 9to5 office working guy to become to becoming economic independent and only live from passive income. I am documenting this quest trough my own blog.

    What do you think about a challenge like this? Is it something you would like to engage in also? Is it possible for anybody to reach economic independence if they are really dedicated to the task over a long time?

    l wish you the best! Wish me good luck.

    BR,
    Richard
    TheRatRaceChallenge
     
    Last edited: Jun 6, 2015
  2. hekke

    hekke Senior Member

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    Hey Richard! Will you document your journey here on BHW? If so, start a journey thread!

    I think your goal is very do-able as I've connected with people making way over the average salary in their country - per day. How much would you need to make to call yourself economic independent in your current situation? You live in Stockholm, so do I, and the apartments here are pricey. I would like to know what you define as economic independent.

    Best of luck,
    hekke
     
  3. arganrecords

    arganrecords Elite Member

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    All able men start from scratch! The only important component is the time they take.
    What distinguishes a capable man from one incapable is that the capable man takes much less time :)
     
    • Thanks Thanks x 1
  4. J-S-T

    J-S-T Jr. VIP Jr. VIP

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    Yes possible, Don't give up even if you make 0 in first 2 month. Keep reading and learning.
     
  5. Y M C M B

    Y M C M B Power Member

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    wow man, i wish i had the balls to take such a huge risk.. all the best for your journey.
     
  6. Aty

    Aty Jr. VIP Jr. VIP

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  7. rock30

    rock30 Regular Member

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    Best Of Luck for your journey. I also started from 0 now I am happy with my income.
     
  8. ChanzGrande

    ChanzGrande Elite Member

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    I wish you tremendous success on your journey. We were all there at some point.
     
  9. ExpressFans

    ExpressFans Jr. VIP Jr. VIP

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    I voted for yes.

    You can reach economic independence within 3 years, as long as you choose to become an professional in something.
    Rather than getting "all around" knowledge. But you will have to work, and work you ass off every day.

    Passive income is a unicorn! People talk about it, and pretend they've seen one. But it's bullshit.