Education

The Reason I Read

Did you know that the most successful entrepreneurs are the ones who are the most risk-averse?

I didn’t until I started reading this book.

I always believed that successful entrepreneurs were the ones who leaped in, all hell-for-leather, burning their bridges behind them.

Come to find out, I’m completely wrong. They like to hedge their bets in all aspects of their lives.

Just like I do.

I’ve stuck with the low-wage jobs I have for a reason. I like the security of knowing that, if anything happened to my current position, it would be really easy to walk down the street and replace that income.

When I had my computer repair business I continued working in low-wage public jobs for security. I wanted to know that I always had a certain amount of income to live on even if my computer jobs dried up. The computer repair business served as a backup plan for my public job in the same manner and also gave me the confidence to stand up for myself with abusive managers.

I keep a safety net, a financial cushion that has saved my behind more than once over the years. Even now I’m hedging my bets in another manner. Instead of just counting on my book royalties to provide for my needs in the future I’m investing the income to provide yet another layer of security.

I’ve wondered many times over the years if I was being too cautious; too paranoid for my own good. Now, thanks to a random book I scooped up at the local library, I’ve discovered that maybe I’m not being paranoid.

Maybe I’m just being smart.

This is why I read. I read, not only to learn more about the world around me, but to learn more about myself in the process.

What are you reading today?

7 Comments

  • Karen Richardson

    Thank you for your post, Annie. I’m reading “No Thanks, I’m Just Looking” by Harry J. Friedman to enhance my sales skills. Like you, I’ve always had some savings and a backup side job which have saved me a number of times throughout my life.

  • Linda Sand

    I like to read historical fiction. Reading about pioneer times or the Depression helps remind me how little I actually need.

  • Kelly L Barrington

    I love reading non-fiction. If it’s been a while since I have read something new I feel like my brain gets “hungry” to learn something new or contemplate a new idea.

  • carla

    The Physics of Wall Street by James Owen Weatherall….btw…this one requires a comfy chair…with a great foot stool to prop up your toes and the biggest baddest cup o java you can pour yourself. enjoy.

  • Melanie

    I’m reading “The Financial Diaries” by Morduch and Schneider; it’s about how the struggle of poverty is made worse by fluctuations in income and unexpected expenses. It’s an excellent read.

  • Annie

    *Looks up from mad scribbles*

    I’m writing these books down for future reading. They sound wonderful!

    I am so glad that I wrote this post. Not just for the book suggestions but because it shows me that I’m not the only one who reads to learn.

    Thank you for that.