Embracing Uncertainty: The Financial Risks That Paid Off
As I reflect on the unpredictable year that was 2020, I’m reminded of the valuable lessons I learned about taking calculated risks and investing in myself. Despite the challenges, I emerged with a newfound sense of confidence and a “zero f*cks left” mentality that has been liberating.
The Risks That Paid Off
1. Starting My Own Business
In a bold move, I left a high-paying job to join a commerce retailer, only to face a global lockdown and a 15% pay cut. However, this setback led me to create my own LLC, start my podcast, and invest in online learning tools. Although I made some costly mistakes, I’ve never felt more purposeful and fulfilled as a solo entrepreneur.
2. Taking a Comedy and Storytelling Class
I invested $500 in a storytelling class to improve my public speaking skills and become the “funny girl” at parties. What I gained was so much more – the ability to construct engaging stories, connect with audiences, and even start a sketch comedy group.
3. Purchasing a Prius
My husband and I splurged on a $12,000 Prius, which initially felt like a waste of money during the lockdown. However, our cross-country trips to visit family have been incredibly cost-effective, and we’ve seen our parents more often than ever before.
4. Working with a Pleasure, Intimacy, and Relationship Coach
I invested in coaching to connect with my femininity and sexuality. This journey has helped me redefine my truth, heal inner wounds, and strengthen my marriage. The returns on this investment have been priceless.
The Risks That Didn’t Pay Off
1. Teachable.com Enrollment
I poured $400 into an online course platform, hoping to create passive income. Unfortunately, I didn’t approach this opportunity with a clear strategy, and it ended up being a poor investment.
2. Fancy Tech Gear
I spent $1,000 on a camera and editing software to look more professional, but it didn’t yield the desired results. This experience taught me that what works for others may not work for me, and to prioritize my own needs over appearances.
3. Downsizing
We thought downsizing to a smaller duplex would save us money, but it ultimately cost us more. We had to invest in new desk furniture and storage hacks to accommodate our new work-from-home setup, and we ended up missing our previous living space.
In conclusion, 2020 taught me that taking calculated risks and investing in myself can lead to incredible growth and fulfillment. While not every risk paid off, I’ve learned valuable lessons that will guide me in the years to come.
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