The Academy: Objectives and Guidelines

Written on October 31, 2010. Written by .

The Academy is an organization that supports a community of members in achieving the following objectives:

Tier 1 involves such things as

Tier 2 involves such things as

Tier 3 involves such things as

These tiers are ordered due to the fact that it makes sense to start by focusing on tier 1 and move your focus to higher tiers when appropriate, but focusing on one tier does not mean the other two tiers should be neglected.

The following is one possible pathway. First save 6 months of living expenses while working full-time and focusing on tier 1. Then transition to a part-time job and focus on tier 2, putting most of your effort into acquiring income sources that earn more dollars per hour than your part-time job. When freelance and passive income streams are sufficient, quit the part-time job and start working on a high-profit-potential business. If the business stagnates or fails, liquidate it and try again until it works. Once a successful business is obtained, steer it toward philanthropic effectiveness and independence from your oversight so that you will have more flexibility with your time.

The following guidelines describe the general philosophy of the academy.

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1 Comment so far
  1. cspice November 1, 2010 2:48 am

    Here is my response to the following comment received on Facebook: “Hey Chris, awesome post. Do you mind elaborating on how one could obtain philanthropic capacity as mentioned in tier 1? Any book suggestions?”

    I think it really depends on your values. The most powerful method is probably becoming a billionaire through business, but that requires sacrifices that may not be worth-while for many people. However, there are some things that anyone can do, regardless of lifestyle. Of these, perhaps the most versatile and effective method is eduction/activism. People’s lives hinge largely on economic conditions that are influenced by government policies determined by the people. The problem is that most people don’t study economics and lot’s of harmful policies come about. Learning about economics and promoting sensible policies has much more potential philanthropic capacity than the typical running-in-place charity methods. Just make sure you don’t promote the wrong ideas. My economic opinions were influenced by Atlas Shrugged, Free to Choose, and the Economics of Public Issues. As for business, I would recommend reading about George Soros and also the Four Hour Work Week (though I don’t entirely agree with it, it is a good book).

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