Assignment 1:
Seventy is often the age marking the end of a person’s impact. By seventy, they are usually comfortable in retirement and taking things easy. That is why everyone should have a personal goal for when they turn seventy.
In this short essay/assignment, I will list the three goals I wish to accomplish by seventy, and why.
First, I think my life would be a failure if I didn’t die a decamillionaire; my goal centimillionaire, but I wouldn’t be unhappy as a decamillionaire. Best-case scenario is billionaire, but I try to keep my goals from being too outlandish. I know it is fairly ambitious and most even view decamillionaire as downright absurd, but I really think it’s doable. Without a doubt, it will require persistence and attention, but that is why I have made it an aim at such a young age. Some people have argued that I’m not in the right situation or family, but none of the great businessmen had it easy-going. The businessmen I look up to had nothing handed to them. They made it to their position because of dedication and grit. Of course, the one important rule I have given myself: I must make this money ethically, and not at the expense of my values. Meaning becoming a drug lord is off limits. I have multiple reasons for desiring this, butI’ll try to condense the answer. It will give me some financial independence; give me something to leave for my children; also, that level of wealth would lead to some influence. Both wealth and influence are crucial for political involvement.
That leads me to my second goal: becoming governor; or at least running for governor. I don’t know if I’ll win, but why not give it a shot? My reason for this is simply because every Texas governor in my lifetime has been a complete sellout. All they care about is their political future running for president. Why can we not have a decent governor that actually has values? I want to become governor so I can further advance the great state of Texas through Austrian economics. A free market will encourage trade and commerce. In a Sisneros administration, starting a business will become infinitely easier. I would also like to eliminate all current state taxes and instead implement a biblical head tax. Finally, my greatest goal as governor would be to clean the judicial system. Why do the American taxpayers pay for criminals to live? If you had a family member murdered, you, as the victim, would have to pay for their food in prison. That is not right. What is merciful about that? Instead, we are simplifying. Death, restitution and whip lashing will be the forms of punishment. You steal something; pay the victim restitution for your crime. You commit first or second degree murder; give them the death penalty. Simplification will save the state money and time. Simplification is my goal.
Third, my goal by seventy is to run a triathlon. I don’t know why, but to me that’s always seemed cool. There isn’t really an explicate purpose behind running one, but it is something physically challenging that I want to do.
Assignment 2:
Regarding all of my previously stated goals, becoming a business owner will be crucial in achieving them. That is especially true with my first goal, being rich. Dependency, on a salary provided by someone else, would not be ideal. Even though a guaranteed salary is more predictable than owning equity in a business, it has a limited reward. I believe landing a high-paying job and becoming an angel investor are the best methods for me. It provides the best of both worlds. I can have the security of a salary, but also the potential reward of owning a business. Being invested in multiple business would also be wise because diversification limits the repercussions of failure. For example, if I own equity in five businesses and one of them fails, the other four will act as a safety net. However, if you pour all your capital into one company, then you completely depend on its success.
Beyond just monetary benefits, being an angel investor should give me time and funding to accomplish my other goals for after my retirement. Even considering that the wise person sets aside enough money for retirement, it would be nice to receive paychecks from earlier investments. That is why I believe owning businesses will help me accomplish my goals.
Asher Sisneros 