Self-Devpt. Nuggets™

It’s a fact of life. One day you’ll retire from paid employment. Do you have a plan laid out for what you’ll do post-retirement? This article discusses one proven vocation you can adopt, even before that day arrives, to ease yourself into safe retirement.

Some Career Persons Try to Wish Retirement Day Away, By Refusing to Think About It

A big mistake. That attitude sets some of them up for the shock of being asked to leave – before they are due to retire.

We’ve all heard the stories before. Sometimes it happens due to misconduct. At other times the company may wish to restructure manpower, and decide to pay off people in certain roles or positions.

It’s happened to many people in the past.

The funny thing about humans is how we always think it won’t or can’t happen to us…until it does!

By then, the individual arrives in the real world (that’s what the environment outside paid employment is, by the way).

S/he will often be scared and confused about what to do, with the bulk benefits and “pension” paid to him/her.

In that state of mind, many become willing prey for scam artists who come to them with half-baked proposals.

If They’d Put a Plan In Motion Before Leaving Paid Employment, Things Would Have Been Different

And that’s the truth.

When you don’t have a clear cut picture in you remind about what you will do, and how, things can get quite difficult.

I’ve noticed that people who have never been outside paid employment, often don’t understand the importance of doing the above.

I say this from personal experience. I’ve been in and out of paid employment. And I’ve interacted with others who’ve done the same – both while I was in, and after |I go out.

One massive insight I’ve gained is as follows…

The comfort and security of being in a good job, that literally takes care of all your needs, can be VERY, VERY intoxicating.

Especially when you’re a big man or woman, with official driver and living quarters, club subscriptions. And even special provisions for medical and educational needs for you and your family members!

Ah, the good life…each time the salary drops into your account, you know what you aim to do with it, and you go right ahead and do it

But rarely is what many do with it, related to preparations for the day AFTER their salary will stop dropping that way.

Yet that day’s arrival is inevitable.

Sadly, many wait for it to come, and only after it has, do they start thinking of what they want to do next.

A few are lucky to embark on ventures/vocations that turn out okay.

But I have seen many who paid the price for leaving it too late. They basically lacked the real world relevant wisdom, exposure and awareness, to navigate the “minefields” buried in business idea “proposals” made to them.

As a result, they got duped – sometimes by close relatives too!

Adopting a Farm Business Can Give You a Safer, and Profitable, Entry into Retirement

It’s possible – even likely – you did not study agriculture. In other words, I’m saying this is not about what you studied.

Come to think of it, I believe over 80% of the farm business related clients I have, do not have any formal training in farming or agriculture.

The most recent one, for whom I developed a custom Poultry Layer Farm Management software, studied Business Administration. And he worked in the civil service for over 3 decades, on a job that – at a point in his career – led to his travelling all over the world.

Instead, this is about choosing to run a business based on what you have a passion for. And that’s where what I propose in this article requires you to stop and think for a moment.

If you do not (or cannot learn to) enjoy running farm business – especially a livestock-based one – the ideas I offer here may not be for you.

But if you can do that, then what I’m saying is start – today – making enquiries about what it would take to start a farm business of your own.

Do NOT WAIT. You may not have as much time as you think you do!

Aim to start using your current reliable salaried income, to carefully acquire everything necessary to start a farm business venture you will carefully choose.

Some questions for you to consider include…

1. Where would you like it to be located?

This should ideally be where you wish to retire once you leave paid employment.

As much as possible, you want to live physically close to the farm – to ensure easy access and monitoring.

2. How much would it cost to acquire land there?

…and if you already have land…

3. What kind of farm businesses would you like to run on it?

Think of which one you can start with, at the lowest possible cost. And which can yield the best possible returns in the shortest possible time.

Here’s Why I Suggest You Start SMALL, While You’re Still In Paid Employment:

…part 2 of 2 of this article (Farm Business Can Give You a Safer Entry into Retirement) was published on this blog tomorrow (10th October 2013) by 09:00.