Saturday, January 17, 2009

UNMOUNTABLE DATA

Not sure what that means, but for my computer it meant the BLUE SCREEN OF DEATH. I can't even boot up in Safe Mode. So I pulled out my discs and spent four hours of mind numbing troubleshooting including playing with the BIOS. Finally I succumbed to my IT inadequacies and called Dell. Since I had already done much of what they would have suggested they very quickly confirmed that my hard drive was toast.

The good news is I get a new hard drive. The bad news is, if I want my old data, I'll have to pay some computer geek to pull it off the fried drive.


On a completely different note God is providing abundantly for my family. After nearly half a decade of living on the financial edge, I'm about to come in to a small inheritance as well as finally get paid the remainder of the capital owed me by my former business partner. These combined incomes will finally close the door on my debt. It's a really good feeling knowing my family will finally be free of the burden of debt.

And me, being me, I'm already planning what to do with my new found wealth. What am I gonna do? Invest of course. And avoid any form of debt at all costs. What does that mean? If I need a car, I'll save for it, if I need furniture, I'll save for it, IF I NEED, I WILL SAVE.

I'm also working on the plans for a future business. Currently I have two partners. We will be a Christian Investment Corporation. Our primary goal will be to use existing capital (wealth we have saved and/or acquired) to invest and improve existing businesses or start new businesses.

I don't expect all of our ventures to succeed. However, because we will be using real capital and not credit, there will be no lingering debt if/when we fail at any particular venture. Our successful ventures will be used to help fund future ventures.

Why, after so many moons of living under the burden of debt due to the failure of my business am I so quickly seeking to go back into business? Because wealth isn't made over night. Because success comes from trial and error. The majority of wealthy people have failed many times.

I will not spend the rest of my existence on earth working to make someone else wealthy. No, I will spend the rest of my life building my legacy (with the help of my friends), teaching my children to do the same, and my grandchildren in turn. I'm off to a slow and rocky start, but I have faith.

So, here I go again.