I love the idea of baselining your expenses and going into hardcore “start-up” mode. My whole business could blow up in my face and I could stay in a place like this for years before having to get a job. That would give me plenty of time to build another business that could fund a great lifestyle.
If you get settled into a place like Puerto Galera, you could set yourself and your team (!) with nice chairs, double monitors, and really knock-it out.
For $1000.00 US a month you could really live a super lifestyle (if you have a little extra cash) and for $1500.00 a month you could go 100% jet set, flying around to other locations and being semi-nomadic.
My resort owner friend let me know after I recorded my video that my included estimates are very high. He offered another scenario:
- High end home fully furnished with air con $300
- Maid/cook/shopping: $200-250.
If you stay for a while you’d want to invest in a really nice chair too!
If you like to listen to radio, you should check out my podcast, the Lifestyle Business Podcast, where I talk a lot overlapping issues.
Here is the iTunes feed.
Some related and recent episodes you might find interesting:
I hope all of you have a wonderful holiday season, I’m really glad you stopped by to say hi.