I sometimes think that my simple lifestyle affords me some kind of immunity from the world around me. So far at least, the effects of a global pandemic which has impacted many millions of people around the world has in some way passed me by. Yes, over the last few months whilst waiting to find out if I still had a job it caused me stress and my wife was without work for 6 months and stressed out by the possibility of catching the virus which could have had serious ramifications due to her lower than normal immunity due to having her spleen removed a few years back, but the actual impact has been more mental than actually impactful. Sure we have eaten out less and maybe tightened our spending a little, but really I am actually in a better financial position now than I was this time last year, or at least will be if things work out with my new employer and my old employer comes good with my redundancy pay-out over the next couple of weeks.
What do I put this relatively unscathed yea
r down to? It’s quite simple. Low expectations. If you aren’t biting off a giant piece of the pie you don’t have as much to drop down the front of your shirt. Life is always going to knock you down and if you’re standing at the top of Sydney’s Centrepoint Tower then you have a long way to fall and just as far to pick yourself back up again. However, if you are just plodding along above the water level then it’s not so hard to get back there or even climb a few rungs on the ladder. As I said above I am hoping my old employer, as of last Wednesday, comes through with my redundancy payment then I’ll be sitting pretty for a few home improvements and maybe an upgrade on the old car too. To be truthful, whilst many are struggling I feel like I’ve had a small win. That win eases some financial pressure in the short term and hopefully with a large chunk of commitment from me I hope that in six months time I’ll be breaking free of the rat race to launch my own small food based business. Sure it won’t be easy but if I can pull it off I’ll be setting myself on a path to a better life than ever before.
Most people working in hospitality would say that the life of being free from location is impossible for a person working in an industry where the customer is right there in front of you. I am hoping to utilise the internet and the socials to generate income. How? Well, initially I want to commit myself to 30 minutes of blogging a day and see what comes of it. As well as that I want to start a vlog. I love the youtubers who take deep dives on particular foods or restaurants. Maybe I can do the food review thing, or try to make the best ever homemade pizza or make brie cheese at home. Go deep food nerd and see where I come up for air.
Podcasting also has a strong pull. It's another thing you can do from anywhere. What do you I talk about? How often should I do an episode? Special guests, where do I find them and so many more questions need to be answered. I guess some serious brainstorming and then a trial run or pilot episode. Can you do more than 1 pilot episode for a series? If I am making the rules maybe I can do a few pilots before official kick off. The Sporkful Podcast is one of my current favourites. Dan Pashman, the host started it in his home and now pays the bills with his income from podcasting. At least that is what I heard. That is the dream.
So we have blogging and vlogging and podcasting. And, have you heard of drop shipping? That buy and sell thing where you buy a product cheaply from, usually China and sell it in another online market for a profit. I like the idea of creating a small food equipment business. The goal isn't to get rich but to find products I think would be useful to me, test them out myself and then if of good enough quality sell them in my little online store.
Once I have written up enough recipes and the like I could possibly think of writing a cookbook too. That however is a long way off. There is however one other element to the business and that would be manufacturing, on a small scale, products such as peanut and mixed nut butters as well as preserved chilli sauces and so much more. I have currently got my first apple cider and raisin vinegar batches on the go and am keen to make a really high quality product that can also bring an income.
Life theory number 8,000,007. When you ever seek advice on investing you are almost always told to diversify your investments. The reason being that if you put all your eggs in the one basket then if it goes pear shaped you lose all you investing capital. If however you diversify, that is, invest in a number of areas and one goes badly, hopefully some of the others will be able to support the weak investment. Have you noticed in life how most of us humans gain almost all of their income from one job? So, as we have seen over the last 9 months in particular if you lose that job then you will have no fall-back to support you in your time of need. There is in most peoples cases no spreading of income that can make up for the loss of your job. This is something I would love to overcome.
My first cooks job was with a fantastic chef who ran a bits and pieces food business with a number of small income sources which together made the business tick the financial boxes. I would say that most of the pieces weren't enough on their own to support the business outright, but in combination with the other elements formed an important part of the business. There was also the possibility of putting more energy into particular elements of the business if extra income was needed or even because the owner simply enjoyed working in that particular part of the business.
Anyway I thing I have waffled on here quite long enough and have hopefully made some sense at least at times. Time to leave this here and continue to chase the dream!!