Hi all,
Bought and read The Millinoaire Fastlane. Great book, and I can't wait to read DeMarco's new one.
Long story short. I am a professional in DC. I went to top schools. Most would consider me a high-income earner. I am succeeding in my profession and have options.
But reading DeMarco's book convinced me that my current path is untenable: I did the math and realized I'm selling my time too cheeply. One realization led to another. I'm married with kids, which means that I owe a large part of my time to them. Selling my own time at a discount is bad enough, but selling my wife's and kids' time at a discount is dispicable.
So I saw my current situation, realized it's unacceptable, and now I'm planning next steps, which follow.
I'm going to:
(1) spend 2 months vetting/exploring various business ideas (I need specific input from you all on the idea vetting process. I plan to do a follow-up fleshing out my request.)
(2) by May, have launched a business that can initially be operated on <25 hours per week, but that has the potential to pay me $8k/month pre-tax by December 2018 and $22k/month pre-tax by December 2019.
(3) Adjust course as needed.
(4) Give my two week's notice December 1, 2018, and go to work for myself full time.
Thats it. Look forward to busting my a$$ with you all.
See you in the future.
Bought and read The Millinoaire Fastlane. Great book, and I can't wait to read DeMarco's new one.
Long story short. I am a professional in DC. I went to top schools. Most would consider me a high-income earner. I am succeeding in my profession and have options.
But reading DeMarco's book convinced me that my current path is untenable: I did the math and realized I'm selling my time too cheeply. One realization led to another. I'm married with kids, which means that I owe a large part of my time to them. Selling my own time at a discount is bad enough, but selling my wife's and kids' time at a discount is dispicable.
So I saw my current situation, realized it's unacceptable, and now I'm planning next steps, which follow.
I'm going to:
(1) spend 2 months vetting/exploring various business ideas (I need specific input from you all on the idea vetting process. I plan to do a follow-up fleshing out my request.)
(2) by May, have launched a business that can initially be operated on <25 hours per week, but that has the potential to pay me $8k/month pre-tax by December 2018 and $22k/month pre-tax by December 2019.
(3) Adjust course as needed.
(4) Give my two week's notice December 1, 2018, and go to work for myself full time.
Thats it. Look forward to busting my a$$ with you all.
See you in the future.
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