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HOW TO ESCAPE THE RAT RACEš
What School Failed to Teach You About Money.
THE BEGINNING
Introduction
3 min readā¦
In a world that often feels like an endless, self-defeating, and pointless pursuit, the concept of the "rat race" has become deeply entrenched in Western civilization over the past century.
This relentless race keeps us trapped in a cycle of consumerism, distracted by entertainment, and deceived by false promises. The narrative of investing 10% of your income into a regulated fund and retiring rich, once true in the 1960s, no longer holds water.
Yet, this false promise continues to be propagated by the establishment and accepted by the masses.
Escaping the rat race requires a profound awakening to the reality of our predicament, but how many of us are truly willing to take action and change our lives for the better?
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HOW YOU LIVE
Trapped in the Rat Race
The entrapment in the rat race begins from the moment we are born, inheriting beliefs from our parents and assigned a social security number, which is essentially a societal barcode. From that point on, we are conditioned to follow the rat race paradigm. Most people fall into one of two categories: the consumer rat or the savings rat.
Consumer Rats: They believe happiness, respect, and fulfillment can be found through conspicuous consumption. They spend their disposable income on items to impress others and make themselves feel good.
Savings Rats: These individuals believe in working hard, abiding by the rules, budgeting carefully, and investing 10% of their income in regulated funds to secure a comfortable retirement in the distant future.
Both paths serve the interests of the establishment rather than individual well-being, effectively perpetuating economic servitude.
DO THIS TO ESCAPE
The Weapons of Entrapment
Escaping the rat race necessitates awareness of the myriad tools used to keep us trapped. These include:
Education: The system conditions us to attend school for 18 years, conditioning us for a lifetime of Monday-to-Friday work. Creativity is undervalued, and obedience is encouraged.
Consumerism: We are conditioned to associate happiness with material possessions, even when deep down, we know these purchases offer only fleeting pleasure.
Debt: Many individuals are ensnared by debt, including mortgages, car loans, credit card debt, and overdrafts, leading to financial enslavement.
Work: The average person works for five days a week in a job they dislike, following rules set by someone else. The 1960s Milgram experiment demonstrated the power of obedience to authority figures.
False Promises: Many are deceived by false promises, such as the notion that a college degree guarantees a rewarding, well-paid career or that investing 10% of one's income will lead to a comfortable retirement.
Taxation: Over 80% of what we earn in our lifetime ends up in government coffers through various forms of taxation, making us work for the benefit of others.
BUSINESS
Breaking Free
Escaping the rat race is possible, but it requires a conscious effort to break free from the established norms. To achieve true wealth, power, and freedom, individuals must recognize the game for what it is and decide to play by their own rules.
Starting Your Own Business
Starting a business offers one of the most viable paths to escaping the rat race, provided it meets certain criteria:
Control: Ensure that you have control over your business and revenue, rather than being dependent on third parties.
Barrier to Entry: The higher the barrier to entry, the better. Low barriers invite competition and squeeze profits.
Proven Need: Validate that there is a proven demand for your product or service in the marketplace.
Systemization and Automation: Every aspect of the business should have the potential to be systemized and automated to reduce personal involvement.
Scalability: The business should have the potential for revenue growth, going from thousands to millions per month.
Value Scalability: The company's value should be able to scale into seven or eight figures.
Wide Customer Base: Evaluate the potential pool of customers, whether local, regional, national, or global.
Replicability: Consider if the business can be replicated or expanded beyond your local area through franchises or the internet.
Sales Volume: Determine how many units can realistically be sold each month.
Profit Margins: Ensure that profit margins are acceptable and that economies of scale can lead to increased profits.
Only a freedom business, one that fulfills these criteria, can provide the means to generate substantial income while affording you the freedom to enjoy life on your terms.
Conclusion
Escaping the rat race is not a fantasy but a concrete goal that requires a deep understanding of the forces that bind us and a commitment to break free from the established norms.
To embark on a journey towards true wealth, power, and freedom, it's essential to recognize the game for what it is, make deliberate choices, and consider starting a freedom business that aligns with the criteria mentioned. It's time to stop playing by the rules of the rat race and chart your path to a life of abundance and self-determination.