A Journey To Financial Independence Using The Wealth of Others

The Who, What, Where, When, Why, And How


Hi! I’m Jonathan Williams and I’m a digital marketer by trade. In January 2019, I made the decision to become financially independent after reading “Rich Dad, Poor Dad” by Robert Kiyosaki and “Your Money or Your Life” by Vicki Robin.

I’ve always had a mindset of a saver. Meaning I never tried to buy the most expensive things unless it had the highest value. Instead, I always tried to get the most value out of every dollar I spent because, for the first years of my career, I didn’t have all that much money to spend.

From July 2011 to July 2019 I worked for a digital agency that serviced political, advocacy, and corporate clients. In July 2019, six months after making the decision to start my journey on financial freedom, I took my first steps my first steps by leaving my agency life to form my own company and provide services to my first client, the family business.


So I found the phrase “wealth of others” while reading Machiavelli’s “The Prince.”

It’s a reference to using other people’s money to build your reputation. Machiavelli was speaking against the frivolity and the liberality of people during his time who used their own wealth to grow and build their reputation. He saw that when people did this, they might build their reputation, but become broke in the process.

Machiavelli didn’t think it was bad to spend or use wealth to grow your reputation. He just argued that you should use other people’s money to do so. That way you get the best of both worlds – you’re gaining your reputation AND keeping your wealth.

This idea of using the wealth of others to establish financial independence is a very important idea.

In fact, people do it all the time by leveraging and financing purchases such as housing, businesses, and other appreciating assets.

In the case of this website, I’ll be using it to explore how to utilize the wealth of knowledge, time, resources, money, and skills that other people may possess to become financially independent.


I hope to find myself in 2030 in a position where my current take-home income has been completely replaced, if not exceeded, by other passive income sources.

In my case, I’m looking to rental properties to be the main source of passive income. Real estate is something close to my heart, something I’ve grown up with, as well as something that I have in the past year become very passionate about.

My goal is not to make as much money as possible. Instead, my goal is to reach a certain amount of passive income and then stop, maintain and maybe grow at a slower pace. If you’ve read “Your Money or Your Life”, you’ll recognize the concept of hitting a certain amount of income that you actually want to make you “happy” instead of staying in the rat race to make more and more money.

By doing all this, I hope to develop a source of income that will give my family the flexibility to travel, spend more time with each other and overall give us the option to do what we would like to do in life instead of feeling like we have to wait until we retire to truly “live life.”


As I mentioned before, in January 2019 I had my “aha” moment after reading both “Rich Dad, Poor Dad” and “Your Money or Your Life.”

However, the true journey started before that. I was raised in an entrepreneurial household with my dad a real estate agent and my mom working alongside him from their home office. With that, I saw what hard work and building your own business looked like.

Even in my earlier life, I’ve always started projects and did things on my own in high school, building my own websites and blogs. I even started a nonprofit where I help other nonprofits with digital services called Need by Need.

In all those cases, I had an entrepreneurial, do-it-myself mindset. However, I never thought I wanted to start my own business. I liked the safety that was provided to me by W-2 employment.

However, once reading these books I couldn’t deny the siren’s call to start off and build a financially independent plan of my own.


First and foremost, I’m going down this path to become financially independent because I want to take ownership of my life and have the time and resources to fully live my life.

After reading “Rich Dad, Poor Dad” and “Your Money or Your Life,” there really was no other conclusion I could come to. I needed to take ownership and start doing things now and not have the mentality of putting everything off for retirement.

Not saying that delayed gratification is wrong. However, the mentality that we must put a hold on everything enjoyable until we are retired is just not right. Life is too short and we only have one life to live. Finding ways to make the most of it now is extremely important.

So why am I writing this blog? There are three main things this blog will provide:

1) Provide accountability. By posting my journey here, I’m publicly proclaiming that I’m on this journey and inviting others to hold me accountable. I’m very much at the beginning of this journey, and it’s going to be a long road. However, I know by saying it publicly and writing it down, I’ll be more likely to accomplish this goal and be able to overcome whatever obstacles come my way.

2) Provide a record for myself. Since this will be a long journey, I want this to be a journal of everything I’ve done, learned, and accomplished. That way I will be able to look back, see what I’ve done, review the lessons I’ve learned, and hopefully see just how far I’ve come.

3) Provide a resource to others. I hope that this public record will also provide some value to others who are starting their journey to financial independence. I know I will not have all the answers. However, this will provide a look into the ups and downs of everything I’m doing. And hopefully, within that, there’ll be nuggets of wisdom that I’ll be able to share and will provide value to others.


As I mentioned before, there are many different ways of using the term “wealth.” It’s not just in relation to money.

For example, through this journey, I plan on leveraging the wealth and knowledge that others have to learn all that I can to implement in my own life. Take their learnings and knowledge and see how it can apply to my own life. Hopefully, this will help me shortcut and skip any potential stumbling blocks that they have had to overcome and help jumpstart my own journey.

I also plan to leverage the wealth of time that others possess to offload things from my plates so I can focus on what I do best. I’m going to look at ways to build processes and other methods to take what I’m currently doing, give it to somebody else who can do it at a cheaper, more time-effective way. That way I can to make sure I can focus my time on doing stuff that’s most valuable and also most enjoyable to me.

I’m also going to leverage the wealth of skills others have to offer that I just can’t do very well myself. There are many things in my life that I don’t know how to do or can not do well. Therefore, I will look at ways to utilize the wealth of skills that someone else might have to give them tasks that I cannot do either as efficiently or just can’t do it all because I don’t have the knowledge.

I will also look at the wealth of resources to leverage from others to co-opt the tools and other partnerships that they may have. That I don’t know these resources may be something as simple as physical tools and maybe software tools and maybe something else that they have.

And lastly, there will leverage the wealth of money that others have to fund the purchasing of the properties and assets that will then produce ongoing revenue streams. This could be financing for single-family or multi-family houses through banks or it could be other money-making aspects.

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