Articles | Exit Plan - Part 2

Articles

“Work Hard! Play Hard!” is Bullshit

7 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

7 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?

7 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)

7 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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