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July 17, 2005
2.1 Financial Strengths, Weaknesses, Opportunities, Threats (SWOT)
Strengths - Focus on passive income through real estate and entrepreneurship
- Will-power not to purchase stuff I don't need (alcohol, candy, fancy clothes, gadgets, etc.)
Weaknesses- Lack of will-power to save money as my income exceeds my expenses
- Making impulse buys when I get particularly excited about something new (book, seminar, conference, etc.)
Opportunities- Consulting on issues related to youth entrepreneurship and employment
- Syndicated columnist
- Highly-paid speaker
Threats- Lack of saved money to protect against downturns and capitalize on new opportunities
- Bad markets in the US and abroad for an extended amount of time
- NYC real estate market may be in a bubble
Posted at July 17, 2005 09:35 AM
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