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  1. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    Hi again, This forum seems to be really interested in helping me, that's great! I've pondered about what you all said, and I agree that I should provide value to others, but what I think is that I would prefer to provide this value now not as an enterpreneur - I'll check out charities related...
  2. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    Thanks for all the suggestions guys, it got me thinking! Thanks for listening to my rant :)
  3. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    I have a money system, I've read a lot in the past years on early retirement, financial independence, etc, so for now what I do is I more or less spend 4% of my total assets per year (I know it's not a perfect rule, but it's simple enough). The thing is it's pretty easy to increase your spending...
  4. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    Just finished reading it, I think it helps, but I already feel financially free. Like others are mentioning, I think my main issue is with feeling useful for society now.
  5. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    Exactly, I think I will look a little into voluntary work, that might help me.
  6. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    I'll be honest here. Before I had all the success I had, I thought that earning all that income would solve all my life's problems, and that I would be spending my days doing whatever pleases me. Indeed I do it, I travel a lot, I dine out a lot, I cook, I play videogames, I cycle, I play music...
  7. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    Yes, in fact I have read two books on Stoicism this past month. The message is great, negative visualization indeed helps. The problem is that sometimes I read about other people's success and get envious
  8. M

    Previous $5M Successful business. Feeling it's not enough.

    MINDSET 
    Hi guys, I'm writing this post because I've been struggling with what to do for some time now. From 2007-2012, I worked with affiliate marketing and earned a total of $5M in revenue, but couldn't sell my business because of the nature of affiliate marketing. I still receive about $20K per month...
  9. M

    Successful - now what?

    HOT! EXECUTION 
    Yeah, I honestly think that a $200k yearly income is good enough for me to live comfortably.. that's using the 4% rule (I know it's not 100% correct, but I find it pretty conservative). The amount would increase yearly to compensate for inflation.. seems good! :)
  10. M

    Successful - now what?

    HOT! EXECUTION 
    To be honest, I have a mindset of not trying to get always more.. Otherwise, I would be always unsatisfied.. After you get big money, you start to rethink what's important for you.. I always considered that I needed to get enough money to be financially independent, and not depend on any job...
  11. M

    Successful - now what?

    HOT! EXECUTION 
    Yes, my business was on affiliate marketing, that's why I could never sell it (even tough I wanted to). The investment part I'm taking care of, if I can withdraw 3-4% yearly I can live comfortably! :) Now I just want to do what I like
  12. M

    Successful - now what?

    HOT! EXECUTION 
    Well, after earning around 5M USD, it started declining gradually, and nowadays it's generating around 30k / month still.. but I think in the next months it will be all gone
  13. M

    Successful - now what?

    HOT! EXECUTION 
    I'm gonna start next year on my path to becoming a professional violinist, like I always dreamed of (I was scared to do so before because of the lack of remuneration)! It's not retiring, but it's doing something I love! :)
  14. M

    Successful - now what?

    HOT! EXECUTION 
    In fact, I don't agree with this.. Inflation rates aren't THAT high, so I'm pretty sure investments in bonds and stocks could easily beat inflation.. The thing that worries me is how much does it go over inflation? My plan would be to live on that number..
  15. M

    Successful - now what?

    HOT! EXECUTION 
    Well, based on the way I'm running my business, I'm actually doing affiliate marketing, so I don't have contact to all the users I already have, only to new ones. And honestly, they are only interested in gambling.. I can't seem to figure out what else I could offer them. Only thing I could...
  16. M

    Successful - now what?

    HOT! EXECUTION 
    Hi there I understand about the budget and planning, I did a sketch of it, and noticed that indeed, my life would be pretty middle class if I used only 3% annually.. The problem with talking with people close to me is that nobody I'm close to has the entrepreneurial view of things, all of them...
  17. M

    Successful - now what?

    HOT! EXECUTION 
    Unfortunately, the way I work I can't sell my business, it's hard to explain.. That's a bad quality of my business, but it's ok.. So there's no hope for some extra $ fast :/
  18. M

    Successful - now what?

    HOT! EXECUTION 
    Well, I'm a guy who doesn't care much about super cars and super homes, I just need something comfortable. What I care most is not having a job that consumes all my time. However, the things I like that would cost me good cash would be travelling and dining out. I'm asking all these things...
  19. M

    Successful - now what?

    HOT! EXECUTION 
    Hey guys I found myself in a very unusual - yet great spot - in life and I would like your opinion. I tried searching everywhere, but I can never find advice on situations like mine. I'm 22 and I have a internet business. It's related to online gambling, but if you guys don't mind, I wouldn't...

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