Download the free deal analysis calculator which will help you accurately screen good from bad deals saving you a ton of time.
I totally get it… every minute you don’t spend on your business is wasted money…
That’s why entrepreneurs tend to work longer, harder, and more passionately.
I’m the same way. After I achieved financial independence I become truly free to pursue my passions.
and it turned out my passion is working more.
So, finally, after 2 years I have taken a real vacation again…and here is what I learned
When you are employed it’s all pretty straightforward. You show up, you get a check.
Sure, the job might be tough, draining, etc. But, it’s all pretty simple.
For the self-employed, your paycheck is tied to your performance (it’s similarly true for commission only sales people). If you don’t perform you won’t get paid. It doesn’t matter if you show up – if you don’t perform you won’t get paid.
But, it leads to the thought that you need to perform constantly. Every second of every day is an opportunity to make money.
So, you are more driven and push harder because you know with just a little more effort you can have enough to take that vacation, buy that car, or pay for that semester of college for your kid…
Taking some personal time is important. Some studies show that some people may have as much as a 30% increased risk of heart disease by skipping vacations.
So, what holds us back from taking vacations? The feeling that if we stop for a second, our business won’t grow.
Instead, you need to realize that your business can and will wait.
It’s kind of like having kids. You leave them with someone and in your head, the house is falling apart, kids are running around naked, the kitchen is on fire, the babysitter is tearing their hair out.
When you get home, the kids are quietly hanging out, the babysitter is totally chill and relaxed, and the house is clean.
The biggest thing that holds me back from going vacation is the nagging feeling that everything will collapse the second I leave.
As a real estate investor, it’s hard not to believe that:
But, every time I get back from vacation:
Every time I finish a vacation, I realize that my business didn’t really need me there. I just felt like it needed me.
The most important thing is family, especially children.
Traveling helps broaden their world and help them to grow and develop into better people.
Plus, you only have so many years on this earth.
Life is short, your business can survive, and your health and children’s development depend on it.
So, go book your vacation now.
Eric is an investor that achieved financial independence at the age of 30. He started in 2009 with the purchase of his first triplex and now owns over 470 units. He spends his time with his family, growing his businesses, diversifying his income, and teaching others how to achieve financial independence through real estate. Eric has been seen on Forbes, Trulia, WiseBread, TheStreet, and other financial publications.
I started out as a full-time student, over $60,000 in debt, and didn't even have a full-time job (two part-time jobs). Learn the system I used to create a 6-figure passive income.
Please log in again. The login page will open in a new window. After logging in you can close it and return to this page.