If you're new here, this blog will give you the tools to become financially independent in 5 years on a median salary. The wiki page gives a good summary of the principles of the strategy. The key to success is to run your personal finances much like a business, thinking about assets and inventory and focusing on efficiency and value for money. Not just any business but a business that's flexible, agile, and adaptable. Conversely most consumers run their personal finances like an inflexible money-losing anti-business always in danger of losing their jobs.
Here's almost a thousand online journals from people, who are following the ERE strategy tailored to their particular situation (age, children, location, education, goals, ...). Increasing their savings from the usual 5-15% of their income to tens of thousands of dollars each year or typically 40-80% of their income, many accumulate six-figure net-worths within a few years.
Since everybody's situation is different (age, education, location, children, goals, ...) I suggest only spending a brief moment on this blog, which can be thought of as my personal journal, before looking for the crowd's wisdom for your particular situation in the forum journals.
If you enjoy the blog, also consider the book which is much better organized and more complete. You can read the first chapter for free, listen to the preamble, or see the reviews (1,2,3,4,5,6,7,8,9, A,B,C,D,E,F,G,H,I,J,K,L,M,N,O,P,Q,R,S,T,U,V,W,Z). Subscribe to the blog via email or RSS. Get updates on the facebook page, join the forums, and look for tactics on the ERE wiki. Here's a list of all the ERE blog posts.
I’m making a page on the blog with everything that pertains to the book. Meanwhile, I figured I’d enlighten you on the process of getting the book into your hands. Here we go.
Write the book (the easy part).
Reread, edit (DW&I), and format to something readable to order a print copy to see how it will look.
Pick title.
Fix fonts, etc. for printer/publisher.
Write back cover text and online store text.
Get format approval.
Order proof.
Wait for proof to arrive.
Outsource coverdesign.
Outsource editing.
Cover design done.
Mail proof to editor.
Editor copy-edits, etc.
Mail edited text back to me.
Add in edits. Reformat the book. Print it out.
Mail prints back to editor for final check.
- Editor picks words to index and does final check.
- Mails/emails revisions back.
- Input revisions and code the index.
- Third reformat. The page count is now known.
- Coverdesigner adjusts template for revised spine width and sends cover to me.
- Printer approves cover + interior.
- Order second proof.
- Wait for proof to arrive.
- Approve proof.
- Book is for sale at printer.
- Book is for sale at amazon.
- Set up kindle version.
- Book is for sale via kindle.
Of course, sometimes there is a need to go back and redo some steps. For example, maybe there’s a problem with the final proof and I have to go in and reformat, reorder, and reapprove.
Note that I’m not holding off for a coordinated launch. One day, the book will be for sale. I expect it to take 1-2 days between it being available directly from the printer and getting onto amazon and the extended channels (e.g. requesting it from your local book store).
Originally posted 2010-08-13 12:19:51.
