2 years + later..

So I didn’t become a millionaire by 27… but I did become a successful perpetually travelling internet entrepreneur..

I’ve lived in Berlin, Krakow and currently Tallinn. I’ve travelled pretty much all over Europe. I’ve been to Africa. I’m going to India soon.

I succeeded in my goal of creating a website that generates income without me having to do any work ๐Ÿ™‚ Not millions, but enough to live comfortably while working on other ideas!

I’ve seen so much, learnt so much. I’ve been living the life I dreamt about while stuck in a fulltime job on a mine site in the middle of the desert.

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Millionaire by 27: Day 2 of 471 – Progress!

I feel like I’m writing to myself – only 7 views and no comments ๐Ÿ˜› Ah well this is like a diary for you Jeremy so keep writing to yourself mate you’re doing good, I’ll give you a pat on the back when you’re done. Fine.

Good progress today, website idea one (will be revealed once it’s launched) is looking good, thanks largely to this excellent css layout tutorial.
Here I need to state that I have not had any formal education in website design or internet technologies – I didn’t choose those units as part of my computer science degree, silly short-sighted (physically – albeit in one eye – more on this later) me. All my website stuff has been made by analysing the source code of other people’s websites and reading tutorials. The best place to start for anyone else keen to learn how to make websites is w3schools.

Bet you’re wondering what website idea one is hey? hey?? Well I can’t reveal it yet sorry, but what I can reveal is that it has a similar concept to The Million Dollar Homepage but different and improved without a major weakness of that website. Well without a few major weaknesses.
If you’ve never heard of the million dollar homepage – FOR SHAME! – read that above link! If you’re too lazy – then I’ll tell you now that a student made over $1,000,000 by selling pixels on his website. Now go and read that link.

I stated in my previous post that I would explain how I plan to achieve my goal and why I really want to do it in the first place. I’ll leave the how for later, here comes the why:

I like spending money, I’m extremely good at it. I also don’t check what I spend on. I throw away my credit card statements without opening the envelope. I don’t like saving – mainly because I like spending too much, but also because I hate the thought of saving a whole heap and then dying accidentally without time to spend it all. And I don’t really like money. ‘What’s that!?’ I hear you think. Well it’s true. I like having money and I want to have more money, but I don’t like money or the concept of money. If someone says “I want lots of money!” ย – they most likely aren’t thinking of rolling around making love to a pile of $100 notes, instead they’re probably picturing what they’d be doing if they had all those $100 notes! (Not making love to them hopefully… how would you do it?? the physics / friction would probably make it quite uncomfortable at best. Plus you’d be doing all the work.)ย It’s the lifestyle that I’m after people! Being able to travel the world indefinately, buy my dad his dream BMW, throw a bag of cash at a Lamborghini salesman and tell him to keep the change, build my princess her castle, get seasick on my oversized yacht … I could go on and on, but I’ve got too much work to do.

In my previous job I was earning heaps of money but not having enough time. I’d fly to work, work 12 hours a day for 9 days straight, then fly home for a 5 day break. In my breaks I may fly to a different city, different country, buy heaps of car parts, buy heaps of jagerbombs, do fun stuff and basically live la vida loca – spending like there’s no tomorrow. (Which I think is good – because you never know when you might wake up dead. I’d like to wake up dead one day and be able to say “Shit… I’m dead… AH good thing I spent all that cash yesterday!” Of course being dead I might not be able to talk – but I wouldn’t care really because I’d be dead. Which came first anyway the chicken or the egg? No one knows, not even God (Richard Dawkins) so I’m going to close the brackets now and move on.) I enjoyed my breaks ๐Ÿ™‚ but couldn’t do things I wanted due to a limited amount of money and lack of leave. Hence my decision to make like a tree and branch out of there.

I’d like to point out here that I’m not a greedy Ebenezer Scrooge obsessed with money – in fact I’m a really generous person. If I invite people out somewhere, I pay. Why? Because I invited them. They can pay when they invite me. (Got that from my parents I think).
One day my sister’s boyfriend (now ex) took myself, my sister and my girlfriend (now ex) jet skiing. He paid for everything that day, and wouldn’t let me give him a single cent. Instead – he said to me – “Jeremy, I’m older and I work. You’re at uni. One day when you’re out with your girlfriend’s younger brother or sister – you will do the same and pay for them.”
I didn’t realise at the time what a huge effect that had on me. What a top bloke! (Even though his dodgey jet skii did break down on us and strand me in the dirty Swan river for a good few minutes). Well ever since I’ve been earning good money I’ve always remembered what John said to me, and I’ve always paid or tried to pay when I’m out with those that have less than myself.
The world would be a much better place if everyone did this. I challenge you to do this – no matter how much you earn – pay for someone else who has less than you.

I want to make a difference, I want to make the world a better place. I will be able to do that if I’m stupidly rich. Which I plan on being.
So there you have it – the motivation behind the goal.

Enough rambling – here’re the goods:
Deposit: $0
Withdrawal: $102.20 โ€“ Cash withdrawl for movie + going out on the weekend. $2.20 charged for using a foreign bank ATM. Thieves!
Balance: $16,966.91

Laters,
J

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Millionaire by 27: Day 1 of 471 – Not a bad start, could be better

Today wasn’t a bad start, but it could have been better. I got my ABN number (Australian Business Number), upgraded my PayPal account to ‘business’ level (so I can accept credit card payments from websites) and made decent progress on the first of my inspirationals. Could have been better because I wasted alot of time chatting, emailing and working on my car (which had annoyingly convinced itself it only had 3 cylinders as opposed to 4). Will be more efficient tomorrow!

At this point I think I should really give some explanation of why exactly I think I can achieve this outrageous sounding goal of mine,ย how I propose to go about achieving it, and why I really want to do it all in the first place. All in the hope that you stop thinking I’m a ridiculously cool lunatic.

So I’ll begin with why I think I can do this. Well. Hmmm…
Ok let me start by saying that ever since I can remember, I’ve had a certain confidence in myself that I can achieve anything I set my mind to. I don’t know where this comes from (mum says it’s from her) but I’ve just always had this confidence + the attitude that if someone can do something then there’s no reason why I can’t either. Apologies if I sound big-headed, I’m really not. (My head is actually physically smaller than average!. And believe it or not I actually have found certain things that others do and I can’t… for example – the splits).

When you were in school you probably encountered that smart kid that somehow always topped everything (except sport. And religion.) without seeming to try. I was one of those kids. I’m not really proud of this – to this day I feel ashamed of being top of my highschool while putting in zero effort. I know that if I put in more effort I could have done even better and raised the ranking of the school – but I couldn’t be bothered. (I actually single-handedly slightly lowered the ranking of my school).
At that time I was more concerned with computer games (waaay cooler), girls (strange & mysterious creatures), bulking up so I could attract girls and be perceived as a badass (can’t get any cooler than this without imminent onset of hypothermia), and building a robot … Yes well without further rambling let me sum up and say I’m a genius and also slightly nerdy.

I cruised through university with about the same amount of motivation as I did in highschool (not much) – I didn’t achieve outstanding grades, just average grades – which I didn’t really care about – I was too busy building a car, complicating my life with girls, and working. I probably spent more time working than I did at uni. I never really knew what I wanted to do with myself, so I changed courses 3 times, changed girlfriends 3 times, and ended up being single, not having a road legal car, and graduating at the end of 2008 with 2nd class honours in a double degree: Bachelor of Engineering & Bachelor of Computer Science.

This post is getting really long – so I’m just going to finish off explaining why I think I can do this, and explain the how & the motivation behind it over the next few days.

I’ve always had a big attention to detail and the ability to read & understand really easily. That and a fascination that leads me to look at something and implicitly understand how it must work on the inside. That and flashes of inspiration / ideas which keep me awake all night because I’m too excited to sleep. All the above is what prompts me to start my ‘projects’.ย The last project (nearly finished) has been building a car. I started by not knowing how to change engine oil – now I can rebuild an engine and rewire an entire car -without any major injuries to my person. I don’t want to get into that project because this blog is supposed to be about my latest and greatest project to date – getting stupidly rich extremely quickly. You can read a little outdated info about my car project here.

I think I’m spending too much time on this blog – gotta cut this short and sum up the why by stating that I’m a justifiable smartass, I’m motivated to the point of insomnia to do this and from past experience when I feel this way about something like this – I end up doing it. + I won’t be able to fullfill the dream of throwing a bag of cash at a Lamborghini salesman until I either do this or admit failure and find another fulltime job.

I hope this has started to convince you that I’m not some naive optimistic crazy dreamer who doesn’t have a chance in hell of succeeding – because you’d be wrong on the last point ๐Ÿ™‚

Gotta end with this – Bank information:
Deposit: $0
Withdrawal: $43.12 – Health insurance debit. Note to self: Cancel health insurance.
Balance: $17,069.11

Till tomorrow,
stay safe. (<- mine site interchangable for seeya mate)

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Millionaire by 27: … and so it begins!

27/03/2010 7:26 pm – on a plane 36,000 feet above the Western Australian outback

Hello, my name is Jeremy Errol Jacob. I am 25 years old. I am a graduate mining engineer who just quit my $140,000 pa job with a major mining company to follow my dreams and try out some business / money making ideas – with the goal of having over $1 million in my bank account and all the time in the world to enjoy life by the time I turn 27.

I’ve decided to write this blog so that:

  1. In case I pull my goal off – I can try to get this published ย as one of those ‘how to get rich’ books and get even richer.
  2. In case I don’t pull my goal off – I can try to get this published as one of those ‘how not to try and get rich’ books (if they exist!) and ironically end up getting rich…
  3. I have a record of this new chapter in my life – which I have a sneaking suspicion is going to be amazing.
  4. I can share this journey with other people. This includes you.

SO – my pledge to you:

  • I will write an entry every single day* from now until the day I turn 27, which will be on the 11th of August, 2011.
  • I will state everyday the contents of my bank account(s).
  • I will state everyday the amount of money I make (and how) and spend (on what).
  • Everyday I will write about at least one thing you didn’t know about me or my life.

Captain over the radio – we will be landing in Perth soon. YAY home!! I’m so excited to start this new journey, slightly nervous about not having an income indefinately, slightly sad that I’m leaving my home away from home for the past year+, but overall happy that I’ve finally made the decision to quit and try my luck in the unknown world of entrepreneurship. <- hope i spelt that right.

Need to turn off all electronic devices now. Till next time!

* I might allow myself a couple of sick days… I’m my own boss now!!

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