Part 4 – Taking my own advice

(Dave’s Journey to owning a Tesla)

Welcome to Part 4 – Taking my own advice, just like parts 1-3 of Dave’s Journey to Owning a Tesla we have discussed the ins and outs of why I want to own a Tesla.

I offered up some good tips and ideas on how we can find ways to earn more money to grow our fund for Tesla. 

In Part 4 Taking my own advice, I start to explain some of the ways I have started to accumulate the funds that can help to grow my Tesla fund. 

Of course, like any discussion that starts when you are wanting to prepare to change the way your money is divided up watch fortnight or month depending on when you are paid, you have to discuss it with your partner. 

Share the passion

In my case I sat down with my wife like we do regularly and worked through how we might put money aside to start the ability to grow our saving for a car. 

This conversation focused on finding flexibility in our budget to allow for a separate amount of money focused on delivering a car down the track. 

Barefoot process helps

As I have mentioned before we follow the Barefoot investor formula. One of the benefits to this is we have a very clear picture of where our money is distributed and where we might be able to make subtle changes to allow for this money. 

We found an amount that both of us were comfortable with and we started to plan ahead. 

But of course, this was never going to get a Tesla in the next couple of years. So, I started to think like an Entrepreneur as I outlined in Part 3. 

Think like an Entrepreneur

As you are well aware, I have created over the last 18 months a website and following on Twitter of people with like-minded ideas. We are passionate about Tesla and the electric vehicle future that is now in full transition. 

So, I thought how can I share this passion and generate small financial benefit in doing this. I had recently noticed a couple of people I follow had started their own merchandise store. 

So, I decided to do the same. 

Merchandise

It took me a number of weeks looking for the right way to create the merchandise shop. 

Many hours were spent putting together my store and the imagery of the store. But what took the longest was the selection of using the Spreadshirt site. 

There are literally hundreds of these stores online and of course not all are equal. I chose spreadshirt based upon a recommendation. So far, they have been a simple yet effective way of planning my store. 

The other key part was to allow it become part of my website not just another link but embedded. 

Spreadshirt does all of this with Word press which my website is hosted by and allows it to be a store on a page. 

It was always my plan to give a good choice of products for people to access. I will continue to review and update this store over time. I hope it will allow others to enjoy and share with me and my passion for electric vehicles. 

Dave