So today marks exactly 1 year since I quit the corporate rat race and started working for myself.
The last year has been full of ups and downs, highs and lows, and tons of learning.
I’ve launched multiple products and services and have created a bunch of small streams of income since going solo.
I’m also taking on a crazy challenge to fast track my process of growing as an entrepreneur.
Here’s where things stand 365 days into this crazy adventure, broadly based on 3 parameters I care about the most - Health, Wealth and Relationships.
Health
- My physical health is improving gradually.
- I’ve had more time to focus on it now. I spend 90-120 minutes every morning walking and working out.
- I’ve lost 7 KGs in the last 9 weeks 🤩
- Progress has accelerated since I hired a health coach last month.
- Apart from this my mental health and happiness levels are at an all time high.
- I feel less anxious, more calm and generally positive towards my life.
- I feel excited to wake up every morning and start working, which is a huge improvement since my employment days.
Wealth
- We overestimate what we can do in a year, and underestimate what we can do in 10 years.
- Last year, I honestly thought I would have solid business that will be making me decent money by now.
- While I have managed to make the same money as my corporate job (at least that’s what my taxes tell me 🤣), but I haven’t enjoyed all the businesses I’ve tried so far. 🙄
- For the next year, my goal is to make less money, but figure out a sustainable business model.
- My savings are still intact and my runway stands somewhere between 18 and 24 months.
- Earlier this year my goal was to work with an abundance mindset and not focus on money, instead focus on doing work that excites me.
- Which is happening right now 😄
- I continue invest my savings in low cost mutual funds and hope reap the benefits of compounding over the long term.
- My expenses are low so I can manage with a loss in earnings for a while.
Relationships
- My wife Aditi stands as a rock of support for me financially, emotionally and spiritually ❤️
- I’m able to spend so much quality time with her now. We’ve even traveled to multiple amazing places together over the last year.
- We’re traveling a lot more as a family now as well. As my son Neo grows older I want to take him to interesting places and see the world with him.
- I’m spending more time with him in general. Helping him out with school work, playing cricket with him, and even teaching him how to swim.
- Trust me, there are few things more beautiful in life than listening to your 7 year old son’s day in school - how he performs his duties as a monitor, how did his tests go, and which classmate annoys him the most 😆
- As he grows older, I know this time and age will never come back, that’s why I’m so glad to be here with him to witness and shape the formative years of his life.
- I’m also spending more time with my parents and parents in law.
- We’ve fallen in love with board games as a family.
- And we spend almost every evening playing Scotland Yard, Catan, Ticket to Ride or Monopoly deal.
- More trips with family and friends are planned towards the end of year which I’m so excited for.
- Time is the most important resource in our lives, and I feel so glad that I’m able to spend so much time with the people that matter the most to me 🤗
Final Word
- My assumptions from last year still hold true!
- My opinion of whether you should quit your job or not is still the same, read this section from last year’s post.
- Overall, my quality of life has improved, but there is still the uncertainty of a business working out, which I think I will have to learn to live with. Most people I’ve spoken to live with this uncertainty, and I’m getting better at dealing with it as well.
My biggest realization in this 1 year is that when you’re in a corporate job your entire focus is on squeezing in as much work as possible in every minute of every day.
But once you start working for yourself, you start prioritizing your health family and happiness.
My work is now only 1 aspect of my life. It’s not my entire life!
I don’t know if next year when I write this post, how different or same my situation would be, will I be satisfied or not with my life I can’t say.
But at this point in time, I’m so glad I took the leap last year 😀
I think 30 years from now when I look back at my life, this might turn out to be the most pivotal decision of my life.
Thank you for reading,
Ayush 🙏
PS: As always, if you have questions, comments, suggestions feel free to send me a DM on Twitter or send me a message via email or WhatsApp.
Cheers!