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Eventually, you should come to a realization that to be living the life of the 0.1% of people on this planet — it isn't about making a HUGE amount of money.
Yes, you should make a significant amount that will change your life for the better, but...
Yes, you should make a significant amount that will change your life for the better, but...
...you also need the freedom of time — to do what you want, when you want to do it.
And the freedom of location — to do it where ever you want and probably with whoever you want to do it with.
While I lived in Hong Kong, I've met bankers who earn astronomical amounts of...
And the freedom of location — to do it where ever you want and probably with whoever you want to do it with.
While I lived in Hong Kong, I've met bankers who earn astronomical amounts of...
...money, but were working 330-40 days per year, at least 9-10 hour days in the office.
There are real estate owners I've met — one who mentored me in his later years — that literally owned half of a suburb.
Incredible wealth, amazing income, but it came at a cost of time.
There are real estate owners I've met — one who mentored me in his later years — that literally owned half of a suburb.
Incredible wealth, amazing income, but it came at a cost of time.
They were always busy taking care of things, despite having property management companies. As my mentor used to say:
"You either managing your properties, or you're managing property management companies who are managing your properties."
"You either managing your properties, or you're managing property management companies who are managing your properties."
The first $100k of annual income after tax will take care of your basic living standards, your family health care & education.
As you make more money, say $250k or even $1M of annual income after tax will dramatically improve the enjoyment and experiences of your life.
As you make more money, say $250k or even $1M of annual income after tax will dramatically improve the enjoyment and experiences of your life.
After that though, the situation starts to change, and making even more money usually does not have major positive changes in your life.
However, the following will:
• working only 5-10 hrs/week
• having location independence
• traveling the world
• making new friends
However, the following will:
• working only 5-10 hrs/week
• having location independence
• traveling the world
• making new friends
• living in a different country, learning a new language, and understand a new way of life/mindset
• spending more time with your family & friends
• having a clean calendar & never feeling busy
• working only with the people you like & want to be around
• helping & donating
• spending more time with your family & friends
• having a clean calendar & never feeling busy
• working only with the people you like & want to be around
• helping & donating
As we move into the 2020s and technology becomes a far more important part of our life,
my advice continues to be to get the most enjoyment, experience and adventure from this thing called life,
create the 3 pillars of freedom for yourself: financial, time & location.
my advice continues to be to get the most enjoyment, experience and adventure from this thing called life,
create the 3 pillars of freedom for yourself: financial, time & location.