Growing up in your family home as a child, the only space you likely had to call your own was your bedroom. That is, if you didn’t have to share it with a sibling or two. This meant you were mostly confined to somewhere around 100 square feet. Within those 100 or so square feet, you’d put up posters of your favorite rock stars, display some of your favorite toys, and wish you had more room for your growing accumulation of stuff.
More Room for Everything?
When you moved away for college or got your first full-time job, you may have moved into a humble one-bedroom apartment with 700 square feet. You suddenly had all this “extra” room and yet you quickly found a way to fill it. You found more places to put your collectibles, more space for your accumulating library of books, and a couple more closets for even more clothes. But you filled it. And it was full. And let’s be honest. Most of it was junk.
Eventually, you upgrade to a starter house with 1,500 square feet, then a bigger house with 2,000 square feet, and so on and so forth. Each time that you do, you experience the same feeling. Look at all this “extra” space! You get all excited about having all this extra room. Inevitably, you find a way to fill it all with furniture and knick-knacks, and you feel like you’re running out of space again. And so, the cycle renews again and again.
And there’s no turning back. By the time you accumulate that incredible Internet wealth and buy a $2 million house in cash, there’s no way you’re ever going back to that 700 square foot bachelor pad. There’s just no room for your big living room furniture, your giant home office desk, or your custom poker table. If anything, now you need even more space so you can get a pool table.
The Perception of Time
So, what does any of this have to do with making money online and the dot com lifestyle? It’s because time and technology work in exactly the same way as how we treat the square footage in our homes. Modern advances in technology have greatly helped us become far more efficient than ever before. Instead of sending an important document via courier, which could take a few days to get to its destination, we can email a PDF instantly. Instead of waiting to develop film from our cameras, we can see the photo we took instantly on our camera’s LCD display. Everything is faster and more efficient.
We should have all sorts of free time, but each time we “free” up some time, we inevitably find a way to fill it all up again. And then, once again, we run into the all-too-familiar situation where we feel like we don’t have enough time to do the things we want to do. If only there was a way to be more efficient and free up our time, right?
It’s true that blogging is not passive income, but developing a steady flow of residual, passive income is the ultimate goal when it comes to achieving the dot com lifestyle. It’s figuring out how you can remove yourself from your online business so that it can effectively run itself… or at least scale it in such a way that you don’t need to work nearly as much as everyone else and still earn more than everyone else.
Spending Where It Matters
How you choose to fill your time is just as much a personal decision as is how you choose to fill your home. It makes sense that you want to upgrade and expand along the way. It’s perfectly logical that you don’t want to be stuck in a single 100 square foot bedroom for the rest of your life. But you do expand and get yourself more space or more time, be much more mindful of how you choose to fill up that space.
Are you going to spend it creating memories with your loved ones? Growing your business further? Or are you just going to fill it with more mindless garbage and nonsense that won’t actually add any happiness to your life?