Any Full-Time Punters out there?

You have opened me eyes Andrew, well said, I have always known there had to be a difference in the way successfull people think, and yes, I have been drummed to think like a working man since birth, time for a change

XtraCash,

I dont know how old you are, but herewith a few numbers to consider..

7300 days from birth then you will be 20..time to be educated to grade 12

3650 days then you are 30...time to be educated to PHD & be a teenager/loose head..student at varsity or student of the clubbing scene..eitherway a student
until now you had someone else paying for your existance..toilet paper etc.

3650 days then you are 40...
put to practise your education..
BUILD A MAINTENANCE DEPARTMENT for yourself..put a roof over your head..

work in the corporate sector, start your own businesses..
yep BUSINESSES, as most, if not all will fail due to inexperience..
80% of new businesses fail within the first 2 years..
that's why franchises are more successfull.
the most difficult years in life.. 30-40...
as you find out who you are..
what you like..ie pumpkin, cabbage..
shoes with shoe laces or slip ons...

And at 40 you should know who you are..
what you good at..
what you like..
WHAT YOU NOT GOOD AT..
WHAT YOU DON'T LIKE...
you should be balanced
Sprititual..understand what life is about..
Emotional...EQ should be at the same level as the IQ..
Socially..by now you shoul have stopped drinking like a hooligan and have gathered some like minded friends..birds of the same feather..

If you are in the RACING INDUSTRY like me..you might have two sets..
the people you see during the week..PHD's..noble..honest..
the people we sociallize during the weekend..jock's..trainers..punters..pros..
It's like living a double life..

I don't belong in both..I can only be good at one..

Never the less, its time to choose..

3650 then you are 50..
MAINTENANCE division (10% of your life) should be up and running..
MAINTENANCE division should be sustainable..ie..monthly income more than expenses..
FAMILY TRUST FUND..that's why I send my daughter to varsity..to network..to meet a guy with a FAMILY TRUST...degree was a bonus..

Now it's the time for the PROJECTS DIVISION to be STARTED..90% of your life..
Now you can start punting as a venture..
not the only venture..
you need to start some venture that will ensure recuring revenue on a monthly basis, without you having to be present like a doctor..attorney..or IT guy like me..


bottom line...nobody should allow themselves to punt until they are 50..
otherwise it's robbing peter to pay paul..

my advice..AFTER 50...
dont spend more than 5% of your energy on ventures in this Industry..
It's not an Industry where 1+1=2...the sums never add up.. ROI..never!