Brecht is gallivanting across the country with a wife and kids in tow. Scott is a recovering corporate employee. What does this mean?
It means you too can make it happen.
How does Brecht gallivant around with his family? Hear how to work less and get more done.
Why is Scott a recovering corporate employee? Hear how he took a chance and is following his dream.
Learn about projections vs. goals and why one may be better than the other.
And never settle. If you hit your goal and surpass your projections that doesn’t mean quit. It means keep going by doubling, tripling, even quadrupling what you set to hit.
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Brecht Palombo
Brecht is the founder and owner of distressedpro.com a real estate Saas app and training business. He's traveling the US full-time with his family of 5. He's the cohost of BWK.
Latest posts by Brecht Palombo (see all)
- 119 The Reunion Show - May 18, 2017
- Episode 118: Breaking Up is Hard to Do - January 15, 2016
- Buying and Selling a SaaS Business – Rob Walling’s Hittail Story - December 16, 2015
Interesting thoughts of pegging income to what you think of yourself, Brecht. I think this is a provocative and instructive line of thinking, but probably misguided.
I think if you take your 30% out 3 or 5 years, it starts looking pretty rosy. And your lifestyle should not be discounted.
And certainly having something that you want to spend the money in changes.
I find myself wanting to be “there” overnight and it is hard for me to be patient as an entrepreneur, but I think constructive patience has been a big part of my success in this business. Sometimes it just takes years for growth and skills to keep piling up and you are likely the start of a long growth curve. If you can sustain 30% revenue growth over 10 or 20 years the outcome will be huge.
Not sure I have anything more cogent than that, but it did get me thinking. I always thought I would be happy earning $30k a year so my current income with my business surprises me. There are certainly moments when I don’t think I deserve this outcome, but the wonderful thing about business is that we don’t play by the same rules that working man plays by. It is simply revenue minus expenses and with a product business the sky is the limit. I probably have been guilty of undercharging or shooting low many times, but a long term 30% growth curve looks pretty in the scheme of a life well life outside of work.
As always thanks for the thought provoking discussion!
One more thought with this.. It is also about the people you surround yourself with. I have made the conscious effort to surround myself with people that have really serious businesses and are looking for next level success.. i am looking to take my business to 10x of where it is now as I look at new opportunities. I want to surround myself with people who want to go there or even better find people who are already there. i haven’t done a great job of this yet but it is my goal. I love the micro conf crowd and all and a lot of positive stuff comes out of some of these online communities, but honestly a lot of these folks simply are not there yet.