November 17, 2005

Drop It Like It's Hot (musings of a passive capitalist)

I was updating my calendar the other day of the various tasks and appointments I have lined up for the next few weeks (in line with my preparation for Evan’s baptism this coming December), when suddenly, the harsh reality struck me.

Just two more weeks and I’ll be going back to work already!

Back to corporate slavery. Back to the chaotic and pressure-filled environment, to the early mornings and late-nights telecon meetings. Hay.

Worse, I will be leaving HIM at home.

How can you be away from such an adorable son, who always has something new and cute to show Mommy everyday? How can you be away from those endearing squeals, gurgles and coos which make me feel so blessed in life (my son loves to converse already! how bright!)? How can you be away from that angelic smiling face and those resounding laughter which never fails to take my breath away? Triple hay.

If only I can drop work like it’s hot. I wish it was that simple.

In a previous post, I have shared my dream (or better yet, I have to start calling it a… GOAL) of setting myself free from the binds of an employer max by the age of 35. I await that defining moment where I can say “I QUIT!” to the corporate world and joyfully shout “YOU’RE HIRED!” to myself. I still have a month and four years to go.

Well, as most things are, these are EASIER SAID THAN DONE. I admit, this dream is not an easy feat to achieve, especially for a risk-averse person like me. I will not easily invest my resources on an undertaking unless I’m sure of a fast payback. Besides, it is hard to leave the comforts of a stable job that pays well, provides health benefits for you and your family and constantly offers travel opportunities around the world for free (and let me add, in style!). But still, the prospects of having full control of your time and using more of it for the family rather than in service of a legal entity has its own attractive merits, especially in the long-term.

So, the dream of becoming an entrepreneur continues.

Yes, I used the term DREAM because, as of this writing, I have not acted on it yet. My business plan is still stored in my head, I haven’t even put it in writing! The most I had done to earn an income aside from my salary is when I (and a friend) retailed some tees for just a month a long, long time ago. I remember spending my profit on a new rubber shoes afterwards. Talk about retained earnings. So you see, it is hard for me to hire myself (I have to offer ME a BETTER package than what I am getting now from my day job. I have to sustain my lifestyle (and whims) without burdening my husband. I have to help provide for my growing family). But I am not giving up hope.

Riki is my inspiration. He had already tested the waters several times in the past, and is still doing it now. It is quite oxymoronic really. He is an engineering graduate and I am the business graduate. Yet, he is the one who is more inclined to entrepreneurship than I am. We own a copious amount of business books. He bought 95% of them, the other 5% are my business books from college. He even subscribes to business magazines. He is such a voracious reader of business literature. More importantly, he used his learning from reading to concretize his business plans and make them a reality. He had already registered our corporation with SEC and had acquired all the business permits! Well, he is a risk-taker by nature so he is not afraid to initiate ventures (electronics trading, diaper business, hotdog stand, retail store, etc.). As most cases, not all of these were rewarding, but he is persistent nonetheless. He says, they are just “learning blocks”.

As for me, I try to support him in his enterprise in every way i can, providing financial accounting expertise, sometimes acting as a devil’s advocate/check and balance. But of course, success of such endeavors contribute to the family’s wealth! But more importantly, I try to learn from his experiences so that I can apply it one day in my own venture/s as well.

And in the event... that I fail in the future as a businesswoman, I still have a back-up plan. To be the wife (business partner) of a mega-successful entrepreneur. Teehee!

In the meantime… back to work in 13 days!

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