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Archive for the ‘Goals & Rewards’ Category

This page rocks.  We need to be doing this.  What an awesome depiction of the things we could be seeing as we travel for cheap and run a successful business.

This site includes hot destinations as well as some inside info on daytime attractions, nightlife and great restaurants.  Count me in.

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Sources:
http://www.jetsetlife.tv/

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I was just in the middle of reading a post on “6 reason to visit the world’s happiest place” (Denmark) by Tim Ferris and it lit a fire under my ass.  I thought of the fact I have never been overseas traveling and there is no good reason for it.  I thought “I will go on a honeymoon next year” but realized that was weak.  

So after reading about setting really difficult inspiring goals that motivate you more than miniscule goals, I thought I would post some rediculous ones of my own right here:

 

1. Have a new business launched by end of February 2009 (3 months away, must create urgency).  Its better to have something going than nothing.

2. Become location independant before I marry Dominique (probably mid July, 5 months after launch)

3. Earn at least $4000 per month by July with a new venture or ventures.

4. Replace both our current incomes by end of 2009 (7000/month) so we can free ourselves from daily obligation and 8 hours of daily slave labor.  This will start out our married life right and allow us to enjoy each others company and form a deeper bond.  At this point the true adventure of life will begin.

5. Be able to run the business by iphone within 1 year.

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Its official…I am hooked on Tim Ferriss’ philosophies and knowledge.  I just read up on using mini-retirements  (4+ week vacations) to balance work as well as potentially save you money.

  • A sabbatical is a one-time event. Mini-retirements are meant to recur throughout a lifetime.
  • A vacation is short, and often involves a tourist lifestyle with little immersion in a new way of life. A mini-retirement is long (one to six months), and allows one to fully participate in his new environment.

Here is how it works:

Tim
When you recognize that the costs of travel are mostly transportation and housing costs, and that you can rent a posh apartment for three to four weeks for the same price as staying in a mediocre hotel for four days, things start to get very, very interesting. You need to amortize the transportation and housing costs over the period of time that you’re in this specific location. So I saved $32,000.

There are some very interesting instances and quite simple approaches for actually making money — and let’s just look at making and saving as essentially the same thing, improving the balance. You can actually improve your financial balance by taking mini-retirements…\

Read the article here

 

So the goal now becomes to find a way to automate as much of a business as possible, and be able to “plug into it” remotely when you are needed to step in.  Thus you can be on a mini-retirement in Punta Cana, saving money by spending next to nothing on living expenses, while still running a income generating business via laptop and cell phone.  

I like where this is going.  Here is a video of Tim taking a last second mini-retirement and his cheap digs:

As per your request, here is the link to the blog about Location Independent Living

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This post is for you Mike.  Figured we might as well have a goals section included.

http://www.vondutchkustomcycles.com/von-dutch-kustoms/mayhem/photo-gallery.html

“Yeah, so this is the first ridiculous thing I am going to buy if we sell out for 10’s or 100’s of millions.” 
              -Mike

Mayhem

Mayhem

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