Subscriber Drive 2023
Time and money are finite and should be allocated with the utmost precision to what is most meaningful to you.
To 24Hour Journal Shareholders.
In this second year of 24Hour Journal, we strive to deliver inspiring and insightful stories about money, business, and US investing. And this is no easy feat in the backdrop of two wars, rising costs of living, political and familial polarization, and an overload of mis- and disinformation.
Yet, with all this occurring, how does one navigate in order to pursue and obtain economic prosperity? Answer. Keep doing the work.
This is one of the lessons I learned from my father, who emigrated to the United States in the late 60s with a pack of cigarettes and a pocket full of coins. When starting over in a foreign country, the only thing that can be done, that must be done, is to keep doing the work. At the time when my father emigrated to the United States, it was not like the world was peaceful and opportunistic. Times were very volatile with the Civil Rights Movement, Voting Rights, the Vietnam War, the Cold War, the Soviet invasion of Afghanistan, and the oil embargo, to name a few. In turn, these tumultuous times made the pursuit of economic prosperity more difficult than it already is.
Brno’s Vibrant Culture: Younger and more English speakers
I recall visiting Brno, Czech Republic, in the Summer of 2021 and seeing how the city matured. There was a vibrancy in the residents that I felt for the first time since my inaugural visit in 2009. It was younger. More people spoke English. Restaurants evolved from traditional ethnic foods to one of a sustainable food culture. Craft beer became more competitive to the ruling class of Czech pilsners. In ten years' time, the city looked a lot different.
But there was one aspect of the Czech people that was scrutinized. Whenever the topic of money arose — do you invest, are you seeking another job, do you fix your car or buy a new one — it could turn a 50-year-old man into a timid field rabbit. When I spoke with a young married couple about what they would do to set up their kids for financial success, a look of bewilderment came over the mother’s face. When I interviewed random women in Náměstí Svobody inquiring about how the men in their lives spend money, they responded in condescension and said that men drink too much and instead should spend that money on them. And when seeing elders living on their subsistent pension income, I realized that the mantra of ‘keep doing the work’ was not enough. Something else needed to complement work ethic.
What is most meaningful to you
As a reader of 24Hour Journal, you are witnessing firsthand the development of a team of aspiring content creators. Anna Rubešova is an online language teacher who blogs about building her teaching business as a foreigner — née permanent resident — in Mexico. Sofia Chesnokova is a Master’s student-in-training at the University of New York in Prague who possesses a strong desire to harness the power of AI. A recent addition to the team, Andela Rupic is a freelance writer in Serbia who loves to study and discuss all things about the fashion and beauty business, especially in the Balkans. Together, they are doing the work to share insights and practical information to the thousands of views that 24Hour Journal receives every month. We are in our infancy stages, but we’re growing.
And this growth is being balanced with the two concepts I observed in the Czech Republic in the Summer of 2021.
Entrepreneurship and risk management are concepts that need more attention now than ever in countries where residents can access global information and capital. Gone are the days of our Baby Boomer parents, where a single income is enough to last a lifetime. Yes, keep doing the work, but time and money are finite and should be allocated with the utmost precision to what is most meaningful to you. What’s more, the road to understanding entrepreneurship and risk management is already paved through the teachings of the Avokado Decision Tree.
The Avokado Decision Tree is a pattern for making good, financial decisions. First, save. Then, invest. And then be entrepreneurial. The more you make good consecutive financial decisions, the more your money will grow over time. I am self-authoring a book on the Avokado Decision Tree, which will be out early next year.
In the meantime, continue reading the adventures of Anna, Sofia, and Andela and become a paid subscriber to receive full and exclusive access to 24Hour Journal. This November is our annual Subscriber Drive, so take advantage of our offer of 24% off an annual subscription. Offer expires on November 30th.
Founder, 24Hour Journal