Avijit Chaudhury Official How to Get Out of the Rat Race How to Get Out of the Rat Race

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How to Get Out of the Rat Race




The rat race sucks, doesn’t it?

Everyone knows it sucks. Everyone complains about it. But few people ever seem to escape it.

There’s a reason for that…

You’ve been trained to be a rat.

You’ve been trained to stay in your cage, find your wheel, and run and run until you die. It’s as simple as that.

Who trained you?

Well, without going full history class on you, it all started with the 15,000 hour rat training system we call “school.”

That’s where your parents and your parents’ parents learned to be rats. It’s where you learned to be a rat. It’s where your peers all learned to be rats.

Nothing taught in school is helpful for getting out of the rat race. Every single minute of it is designed to steer you toward that fucking wheel.

Thankfully, you have the internet and articles like this to help you wake up and realize that life has so much more to offer you than the rat cage you’ve been stuck in for so long.

Your first race begins when you are expected to do well in school (intentionally ignoring the sperm race). You are expected to score well, participate in events, crack National level competitions and become the star of your school. This race lasts till you pass out.

But even before this race ends, you start your second race by joining coaching classes for other competitive exams that will get you into a good college. This one will determine where you start in your next race, whether you will have an advantage or not.

Once these two end and you’re gasping for breath, expecting things to get easier, the level of race begins to go up by a few notches. Now you will be running against stronger and faster competitors.

Your expectations of college life being extremely relaxed takes a beating because now you’re just 1 step away from being a responsible adult. This is your third race and an extremely important one. But while people are racing to get the best job offer, there is another race going on.

This one is for CAT, IAS, GRE, GMAT etc. and some people are running this to have safe and extra options for themselves.

Somehow, when you end up getting a job or get through a good MBA college, you would be a fool to believe that’s the end of it. Because as you’re reaching the finishing line of your previous race, little do you realise that you’re just getting closer to the starting point of another one. It’s a vicious cycle. The race is actually never going to end.

Happy running!

So is there no way to get out of it?

Maybe, Maybe not.

Unless, you decide to separate from the crowd and believe that you’re fine with not competing with others but only with yourself, you have taken the first step. I don’t understand what passion is, because I haven’t found one myself.

But out there, you will find something which will truly excite you, inspire you to wake up everyday and motivate you to do it happily day in and day out. Once you have found it, you’re done with the race. Because now, there is no race, but the start of a journey. And journeys are fun, exciting and adventurous.

So, let’s not waste anymore time. If you’re ready, let’s plan your escape…

The harder you’ll work, the more wealthy somebody else becomes. In the meantime, your salary remains the same. Plus, working more hours at your job, means you’ll have less time to work on your own project and build your own business. And that’s exactly what you should be doing.

If you’re working 8 hours a day, that means there’s 16 hours left everyday. Minus 8 hours of sleep, you’ll have 8 hours to do your own thing! And that’s not even counting the weekends. Make that time count. Don’t just work 9 to 5 and not work on your dreams afterwards. Don’t let time just pass by, doing meaningless stuff. Time is your friend. You’ve got to use it!

But what do most people do when they get home from work? They have dinner, bingewatch Netflix for a few hours and go to bed. The next day, they’ll do it all over again. They’re not using their potential and wonder why they are feeling depressed! If you’re serious about escaping the rat race, you’ve got to get your lazy ass of the couch. Work on your project.

Set goals and use your time to achieve them. Start analyzing your activities and make priorities. Ask yourself this question, the next time you want to play video games all evening:

Is what I’m doing bringing me closer to my goals and my freedom?

Yes, there should be time to relax and have fun. But you know the saying: work hard, play hard. You’ve got to deserve your down time. Above that, there’s a big distinction to be made when it comes to having fun. Having fun is not the same as wasting time. Spending time with your kids for example, is not wasting time and should be one of your top priorities. Or you can spend your time on a meaningful hobby, instead of wasting your time in front of your television.

And who says ‘work’ can’t be fun? Let’s say you absolutely love photography. Get busy and gain extra knowledge every evening. Improve your photography skills. Then you’ve made very good use of your time. It could even be a way to grow your own business and start to make money outside of work! So put in the hours and make it happen! Nobody’s going to do it for you!

Believe that there’s another way

Rich people don’t work for a paycheck. They work for cash flow. They work for money, but they do not trade their time for it. They spend their time working FOR a business (theirs), not IN a business.

For many of us, the rat race seems like the only way to live. It’s what we were taught and what we’ve always seen. We go to school and get a degree. So that afterwards we can get a solid job to provide for the family. Getting a job seems like the only way to make money. But this simply isn’t true.

People are like sheep. We follow the masses and we do what we see everyone else do. But most of the time, following the masses isn’t a great idea. It’s usually the wrong decision. It’s time to become a wolf. If you want success, you’ll have to act differently than the rest. You’ll have to be more unconventional in your ways.

“Working IN a business is the only way to make money.” “That’s just the ways it is.” For somebody who’s been a sheep all of his life, this is the only truth. It’s hard to grasp that there are other ways to make money. He thinks freedom and money are only for the lucky, or that you should be born rich. So, first, it’s important to change your belief.

The first time you make real money outside of your job is an eye-opener. It doesn’t matter if it’s big or small (usually small), it will wake you up. It will not be enough to survive on, but for the first time you’ll believe their’s an exit to the rat race.

Creating Passive Income

Basically, there are 4 ways to make money:

Being an employee: having a job

Being self-employed: owning a job, but still working IN your business

Being a business owner: working FOR your Business, creating passive income

Being an investor: owning investments

In the rat race, the worst position to be in, is being an employee. He’s got no freedom at all. Plus, most employees have a continuous shortage of money. And if he’s got no shortage, he will always be at risk. He’s trading his time and effort for a monthly paycheck. By doing so, he’s being used as an asset by a business owner to create income for somebody else. He’s giving up on his own dreams to create someone else’s.

The situation of someone who’s self-employed is a little bit better. He’s got more freedom, because he doesn’t work for the man. He can make his own decisions. Sadly, he’s still trading his time for money, because he’s still working IN the business. He’s an employee in his own business. Financially, he’s not always better off than the employee. Often, he still struggles to make ends meet.

On top of the ladder is the investor and the business owner. They are creating passive income, often multiple streams of income. The key is to create a system that runs on autopilot and delivers passive income every month. They invest time and energy (and/or money ) in something one time, which keeps creating income.

For example, if somebody creates a product and makes an online shop to sell the product. He invests his time and effort into this once. Afterwards, anytime someone buys his product, it creates new cashflow for the owner. He doesn’t solely get paid for the hours he puts in everyday. He doesn’t exchange time and effort for money to work IN the business. He puts his energy in working FOR the business to make it grow further (new products, promotion,…) He can also hire employees to make everything work on autopilot for him. Instead of investing time, he’s buying time.

When he’s making enough money, he can invest his money (Stocks, Real estate,…) That way he can make his money work for him.

If you’ve got a job, the key is to start earning passive income in your free time. Invest all of your energy into making this happen, until your passive income is xceeding your paycheck!

Action is your default mode

In order to build something, action should be your go-to behaviour. Yes, planning and thinking things through is still important. But it’s very easy to go overboard and get caught up in your head. Overthinking can be very counterproductive. You will fail, if you spend too much time thinking instead of doing. It’s time to adopt a ”I’ll figure it out later” attitude. You don’t have to have everything planned out exactly to get started. Don’t let your thoughts keep you from taking action. If you keep planning, you might not even get started!

No Bosses, No Commutes, No Schedules, No Alarm Clocks

 




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