My Goals
Short Term Goals:
- Ideal Goal: By December 31st, 2005, I should have at least 3 different sources of steady income (not including a job). All sources of income should together average about $7,500 of dependable income per month.
- Minimum Requirement: By December 31st, 2005 I should have found a way to independently pay all my bills/expenses for myself and have money leftover for investing, savings, rainy day and spending. My liquidable balance should be slightly over $45,000 with an investment portfolio of at least $25,000.
- Have at least 4 different sources of income, balanced in different industries to survive good and bad markets.
- Accumulate somewhere near $1,000,000 in liquidable assets by age 27. This includes cash savings and stock.
- Get mentioned in at least 5 of these sources by age 27: CNBC, New York Times, Business Week, Wall Street Journal, CNN, The Register, The Financial Times, Yahoo News, Google News, Bloomberg, BBC, Wired, Popular Science, Popular Mechanics.
Long Term Goals
- Form Enwon into a conglomerate with at least 5 different subsidiary companies under the corporation. Companies will be balanced in different industries to survive good and bad markets. These would most likely include the liquor industry, asset management, 2 inventions in the consumer products area and real estate.
- Follow plan outlined in my aspirations
Labels: Goals
posted by Neville @ 10:11 AM
13 comments
13 Comments:
I see you have no credit card debt. How do you plan to establish a credit history and credit rating without even a minimum of revolving debt?
Just a thought/question
joshua
http:/www.conceptsinsuccess.com
Hazzardjk
http://elym.blogspot.com
Great site. I read your water experiment (referenced in another site) and I am hooked to your blog now.
Regarding Joshua's comment, it is not necessary to carry a balance in credit card to establish a credit history. As long as you have a credit card and you pay back the balance in full every month, you can build an excellent credit history.
Read about you in they NYT. Did you grow up in India or the USA? just curious...b/c I find the economic revival taking place in India to be quite fascinating.
Also, if you do have some connection to India is that a country where you might consider exploring your entreprenurial passions?
Im inspired by your blog...Ill start my mega plan tommorow(its pm here). BTW, if u need someone to audit your future business or do your ITR in the future (since u will be very rich at that time u need someone to handle these things for you) just send email to newchewbacca@yahoo. Im a CPA and in public practice. Im serious. ;)
Im from ShenZhen,China.
Im an IT project manager and system/software designer&developer(J2EE STRUTS EJB...)I have finished about 30 IT projects with a 20-people-team.
And my girl friend is working for a merchant in China that making business with Target.
Maybe we can cooperate in some fields.:)
kevinchengj@msn.com
The first step in becoming successful is writing out your goals.
Stay focus read your goals at least twice a day
Interesting, though, I don't see you post much about what you invest in. That part's not as interesting to you?
anyways hope you stop by my site sometime!
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