The 11 Rules of the Ideal Lifestyle Business

Lifestyle businesses require a great deal of thought. This is because they have to be designed to bypass many of the issues most businesses face. The first time I started to think seriously about a lifestyle business was when I read an older book titled, “The  Incredible Secret Money Machine” by Don Lancaster. I bought…

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“I’m Not Rich, But I Live Like a Millionaire”

This past week I attended a full day of volleyball tournaments for my daughter’s team. These tend to be pretty long days and we end up becoming good friends with the other parents. At one point, I was talking to a few of the other Dads about yard work and happened to catch myself saying,…

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Lessons from the Great Minds of Investing –> Extreme Patience?

This video is of a presentation by William Green who is the author of “Lessons from the Great Minds of Investing.” I haven’t read the book yet, but enjoyed this presentation. In the presentation, he shares insights he learned from studying great investors. His quest was to find out how these investors stacked the odds…

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How to Retire at 35

Back in 1988, Paul Terhorst wrote a book titled, “Cashing In On The American Dream – How to Retire At 35.” Paul was a partner at a large public accounting firm and decided to retire at the age of 35. When he retired, he only had a net worth of around $500,000. As I write…

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Business Lessons from The Wolf of Wall Street

I’m sure you’ve heard of “The Wolf of Wall Street” movie. I haven’t seen the movie, but I just finished reading the two books written by the real wolf, Jordan Belfort. The first book is “The Wolf of Wall Street” and the second book is “Catching the Wolf of Wall Street.” You can find them…

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