Articles | Exit Plan - Part 14

Articles

The Secret Places Side Hustles Hide Online

7 years ago · 2 minute read

You know, every “Opt Out” success story seems to begin with a hustle. The, “I have a crazy idea. I wonder if it will work. Let’s try it!” approach. From selling sunglasses on campus, to roasting coffee beans in your garage, to building a little Etsy store that sells jewelry. The people who eventually get […]

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Our Best Airline Hacks

7 years ago · 4 minute read

I wonder what it would feel like to run 500 miles per hour. Or to jump 30,000 feet into the air. It’s funny.  Because we all know what it feels like to sit in a chair at 30 thousand feet, hurling forward at near supersonic speed.   It feels like nothing. It’s the same as […]

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Not All Nomads are Digital

7 years ago · 3 minute read

You’ve probably heard the term Digital Nomad. It’s a trendy word for a trendy business model… Well, maybe I should say a trendy un-business model. In 2018, thousands of people have opted out of the normal approach to freelancing and are location independent. They make a living from their phones and laptops. They call themselves […]

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You Built It . . . and They Didn’t Come

7 years ago · 2 minute read

“If you build it they will come.” Made popular by an 80’s movie, this myth has taken on new meaning in our world of side-giggers and Shark Tank wannabes. Unfortunately, many people think that they can launch a business and it will be so great that the customers (and millions! and fame!) will show up […]

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“Work Hard! Play Hard!” is Bullshit

8 years ago · 6 minute read

Take your time seriously. It’s your most valuable asset. I’ve heard a number of phrases that are, in my opinion, total bullshit. “Work hard, play hard” is one of them. It’s up there with “Go big or go home!” What does “play hard” mean for most Americans? For some, it means buying a boat and […]

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The Biggest Misconception About the Opt Out Life

8 years ago · 2 minute read

“Opt Out” doesn’t mean take a permanent vacation. Last week, we shot a documentary for the Opt Out Life. For two days, Dana and I worked alongside a 5-person film crew from Moostache Films to get footage that will give a first-hand look into our day-to-day lives. We want to show everyone that we are […]

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My Side Gig is Going to Make $30,000, Should I Incorporate?

8 years ago · 4 minute read

One of my mentors had a rule-of-thumb that if an entity was doing more than $30,000 per year on a consistent basis, then it was worth the cost of incorporation. In his mind, until a business reached that point, it was better to stay unincorporated and just buy insurance, and keep things simple. No entity. […]

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Why You Need to Own Real Estate (Eventually)

8 years ago · 9 minute read

For most Americans, there is a mistaken belief that owning a home is the same as having an investment in real estate.  Your home is not an investment. It is a liability. Your home costs you something. Even if you own your home cash with no mortgage, there are expenses tied to the property.  You […]

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