Last week, I did a few things. One of them, I started reading the Million Dollar Weekend book by Noah Kagan. My two biggest takeaways so far from it are “NOW, Not how!” and the “Freedom Number“.
“NOW, Not how!” refers to acting now and stopping worrying too much about the how. Or in other words, stop overthinking and start acting. I tweeted about it, and Noah tweeted back!
Source: https://twitter.com/carloslfu/status/1763605951351767268
Another powerful idea from the book is the Freedom Number. This a money amount that will give you the fredom to not to have to work outside your business or side project, if you want to do it you can but you don’t have to. This number can vary depending on your goals, lifestyle, location, and obligations.
In my case, I have to provide for my mom, myself, a bit of my house expenses (although my wife helps a lot), and debt. After thinking about it, I set a goal!
My freedom number is 3000 USD / month.
So that’s it! That’s my first goal! After that, I can stop worrying about my finances so much and cover all my expenses. Also, I will have the option to only work on my business. It is still to be defined if I would do it at that number, but it is certainly great to have that option.
I have been surviving on part-time consulting work + savings + debt for the last nine months, but that number would be a relief and a great base to build upon.
It's almost midnight, so it's time to send this! Bye! 👋
See you next week! Or next year!