TMBA 320: How Do You Decide When Enough is Enough?

A small rusty shipwrecked boat on the beach

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Being location independent means that you don't have a boss or a corporation telling you what to do, but it also means that you have to make your own decisions on how to spend your time. You have to decide how to make your money, and you have to decide when enough is enough. On today's episode, Dan and Ian are speaking with two entrepreneurs who have put a lot of thought into this idea. Daryl Mander and Nathan Berry have both proactively made the call to scale back their workload in order to improve their quality of life. They will be sharing their experiences, and their thoughts on when and how to say "enough is enough".

Listen to this week's show and learn:

  • A couple times that we have proactively decided to take a step back in our business. (2:58)

  • The benefits of setting financial goals instead of trying to make as much money as possible. (10:10)

  • Why Daryl decided to scale back from a team operation to a one man show. (12:20)

  • What led to Nathan's decision to stop earning money as soon as he reached his goal. (21:36)

  • One of the biggest reasons that we struggle with saying enough is enough. (30:35)

Mentioned in the episode:

The Dynamite Circle
Daryl Mander
Big Flare
Nathan Barry
ConvertKit
Damian Thompson
Strava
MicroConf
The Tim Ferriss Show
CrazyEgg
KissMetrics

Enjoyed this podcast? Check out these:

TMBA274: When You've Built Yourself a Job Instead of a Business
TMBA292: Are the Days of Having to Be a Starving Artist Over?
TMBA304: The Power of Under Optimization

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HAVE COMMENTS ABOUT THE SHOW?

Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?

Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.

Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian

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TMBA 321: Productized #3 - An Expert's Advice

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TMBA 319: The Mind Game of Making Over $100,000