What Would You Do If Your Wife Said This To You?

125 replies
"We don't need the money anymore...stop worrying so much."

No secret that I have always been a worry wart about my business, even
though things have been great now for over 4 of the 8 years that I've been
doing this.

Still, every month I worry..."Will I make enough?"

Now that I've been given the official word that I can basically stop working
(no debts and basically no bills) I'm not sure what to do.

I can't picture myself retiring at 53 because I think I'd be bored stiff, and
yet, I'm getting tired of the daily grind of "having" to put out product
and/or whatever marketing I do.

Some days it's fun (like today, working on a new project) and then there
are some days when it's a drag (doing the routine stuff)

I don't want to give it up, but the routine days are wearing me out.

So what would YOU do if your wife basically said to you that you can pack
it up and go fishing?

I've set up a poll so you can answer anonymously if you want.
#wife
  • Profile picture of the author Michael Oksa
    I'd say, "Who are you, and what have you done with my wife?"



    ~M~
    Signature

    "Ich bin en fuego!"
    {{ DiscussionBoard.errors[3125721].message }}
  • Profile picture of the author SantiSantana
    Assuming you have setup everything that can be automated already and outsourced everything that can be outsourced without touching the core of your business, the next logical step would be to hire someone to do most of what you do.

    You sacrifice part of the income (which reading your post does not seem to be an issue at all) and let someone else run the day to day of your business. You can still do what you do, only its time to relax and let others do the grind, you get in only in the creation phase which I´m guessing is what you like most.

    Of course there is always plan B: sell your entire operation and forget about the entire thing.

    In the end you know only you have the right answer. Perhaps now that you know you don´t need to do it for the money at all you will enjoy it even more.

    Hope this helps.
    Signature

    Writer for hire

    {{ DiscussionBoard.errors[3125725].message }}
    • Profile picture of the author Dave Rodman
      Banned
      3 comments about your post...

      1) If your wife says you don't have to work (meaning you don't need the income), then I would think it should alleviate some of the pressure of pulling in an income. It doesn't mean you can't, it just means you shouldn't worry about having to.

      2) You mention being bored stiff if you didn't work. Personally, I'd have a look at the 4-hour workweek. You're young, you might as well do some cool stuff if you have the ability.

      3) When you say you're tired of the grind of "having" to put out a product. That sounds to me like you built your business entirely around yourself. Personally, I would slowly move away from that and move towards sites that use your marketing skills to grow passive income.

      None of my websites are "me". I make a very good living online, but I probably work about 2-3 hours per week on my internet business (still have a day job). Because I have a day job, I learned early on to rely on others to do things for me. When I had my first son, I didn't work for like 4 months and I was still having my best months yet. I felt a little guilty (not really)
      {{ DiscussionBoard.errors[3125797].message }}
      • Profile picture of the author brendan301
        Originally Posted by Dave Rodman View Post

        3 comments about your post...

        None of my websites are "me". I make a very good living online, but I probably work about 2-3 hours per week on my internet business (still have a day job). Because I have a day job, I learned early on to rely on others to do things for me. When I had my first son, I didn't work for like 4 months and I was still having my best months yet. I felt a little guilty (not really)
        Hey Dave, Can you go into a little more detail about this. It's something that I've thought about alot but most everywhere I go the advice I see alot is become an "authority/expert" in the _____ niche. To me that ties me to having to "work" on content forever when my desire is for passive income streams. (Hell no, not adsense)
        {{ DiscussionBoard.errors[3127094].message }}
        • Profile picture of the author Dave Rodman
          Banned
          Originally Posted by brendan301 View Post

          Hey Dave, Can you go into a little more detail about this. It's something that I've thought about alot but most everywhere I go the advice I see alot is become an "authority/expert" in the _____ niche. To me that ties me to having to "work" on content forever when my desire is for passive income streams. (Hell no, not adsense)
          A few points....

          Most WF members seem to operate their business on a treadmill. If they aren't cranking out articles or products, they aren't making money. That relies, to a large extent, on THEM creating a lot of content and continuing to release products.

          If I'm going to create a money-maker website, you need to use traffic-generation strategies that have some staying power. Cranking out articles is ok, until you can't crank them out anymore. I prefer SEO, list building, adwords, and strategic partnerships. All of them create equity in your site because they have some leverage. Do work today, and the payoffs will last down the road. I have adsense/affiliate sites where I SEO'd the sites, built links, built the list, and created some good partnerships (for traffic). 3 years later, I haven't touched them and they still bring in thousands per month.

          As far as outsourcing goes, you can still create all (or most) of the content yourself while using outsourced workers. I'm launching a new e-commerce site soon. I hired someone to do the design, programming, and product input. I could do it myself, but why? It'll get done faster by using workers.

          I have this written on a sticky note on my computer "Increase your hourly wage by making more, working less". If I'm making $3K per week by working 3 hours, then I'm essentially making $1K per hour. So under no circumstances, am I going to write articles to put on Ezinearticles.com. I can hire someone for $50 to write a pretty good article. As you get better at making money, you should offload tasks to allow you to increase the output.

          I've been doing this for 4 years and I've always increased my hourly wage while keeping the hours pretty consistent.
          {{ DiscussionBoard.errors[3127715].message }}
          • Profile picture of the author brendan301
            Originally Posted by Dave Rodman View Post

            A few points....

            Most WF members seem to operate their business on a treadmill. If they aren't cranking out articles or products, they aren't making money. That relies, to a large extent, on THEM creating a lot of content and continuing to release products.

            If I'm going to create a money-maker website, you need to use traffic-generation strategies that have some staying power. Cranking out articles is ok, until you can't crank them out anymore. I prefer SEO, list building, adwords, and strategic partnerships. All of them create equity in your site because they have some leverage. Do work today, and the payoffs will last down the road. I have adsense/affiliate sites where I SEO'd the sites, built links, built the list, and created some good partnerships (for traffic). 3 years later, I haven't touched them and they still bring in thousands per month.

            As far as outsourcing goes, you can still create all (or most) of the content yourself while using outsourced workers. I'm launching a new e-commerce site soon. I hired someone to do the design, programming, and product input. I could do it myself, but why? It'll get done faster by using workers.

            I have this written on a sticky note on my computer "Increase your hourly wage by making more, working less". If I'm making $3K per week by working 3 hours, then I'm essentially making $1K per hour. So under no circumstances, am I going to write articles to put on Ezinearticles.com. I can hire someone for $50 to write a pretty good article. As you get better at making money, you should offload tasks to allow you to increase the output.

            I've been doing this for 4 years and I've always increased my hourly wage while keeping the hours pretty consistent.
            Thanks for the detail. YOu're running your business like I envision mine in the future. Multiple products bringing in sales consistently with articles and backlinking being done for traffic, a large mailing list all happening on a somewhat automated basis which will lead to higher priced products. Then taking the profits from that and buying other income producing websites/businesses and then doing media buys to really blow up.
            {{ DiscussionBoard.errors[3134468].message }}
  • Profile picture of the author copylicious
    She's cheating, LOL!
    Signature
    WARRIORS Are Going Nuts Over My Effective Clickbank-Quality Traffic Sucking Sales Letters...Email me NOW I'll Consider Writing Yours for Just $100!! >> mrcopylicious@gmail.com
    {{ DiscussionBoard.errors[3125738].message }}
  • Profile picture of the author packerfan
    I'd find something I'm really passionate about, get hooked up with a non-profit or something, and help them raise money using the skills you already have.

    Seems to fit the bill for me. I'd also teach people what I know.
    Signature

    Nothing to see here

    {{ DiscussionBoard.errors[3125747].message }}
    • Profile picture of the author Dan C. Rinnert
      Do what you like to do. If you'd rather crank out a few articles than go fishing, do that. It's an extra bonus if you get an extra check at the end of the month, which is something not likely to happen if you spend your time fishing.

      I'd probably go for more. You never know when disaster may strike and you may need more money. Just the continual rise in prices and the continual devaluing of the dollar would have me wanting for more, just to make sure I'd have enough money to buy a loaf of bread when it hits $50 a loaf.
      Signature

      Dan's content is irregularly read by handfuls of people. Join the elite few by reading his blog: dcrBlogs.com, following him on Twitter: dcrTweets.com or reading his fiction: dcrWrites.com but NOT by Clicking Here!

      Dan also writes content for hire, but you can't afford him anyway.
      {{ DiscussionBoard.errors[3125768].message }}
      • Profile picture of the author John Henderson
        Originally Posted by Dan C. Rinnert View Post

        Just the continual rise in prices and the continual devaluing of the dollar would have me wanting for more, just to make sure I'd have enough money to buy a loaf of bread when it hits $50 a loaf.
        Dan, when a loaf of bread sells for $50, fishing is going to be far more lucrative than IM...
        {{ DiscussionBoard.errors[3125813].message }}
  • Profile picture of the author Raja Kamil
    If then, stop "IM rate race". Go fishing if you like to
    {{ DiscussionBoard.errors[3125763].message }}
  • Profile picture of the author Sweely99
    I'd go fishing.
    {{ DiscussionBoard.errors[3125778].message }}
  • Profile picture of the author Lazy
    Well...I'm pretty much retired already. I do what I want every single day. My mortgage will be paid off in the next 6 years. I'm pretty much just chillin.

    When I started in this game, there's no way I could have imagined how well I would do. I wouldn't have believed you. But here I am, 24 years old, and working for no one but myself, whenever I want.
    Signature
    WARRIORS ONLY: Get up to 100,000 verified high PR backlinks as soon as tomorrow! RAVE REVIEWS!

    {{ DiscussionBoard.errors[3125789].message }}
  • Profile picture of the author Jimmy AL
    Do a little of both. Life's more than working like a workaholic...
    {{ DiscussionBoard.errors[3125798].message }}
    • Profile picture of the author JohnMcCabe
      Originally Posted by Dan C. Rinnert View Post

      Do what you like to do. If you'd rather crank out a few articles than go fishing, do that. It's an extra bonus if you get an extra check at the end of the month, which is something not likely to happen if you spend your time fishing.
      You might be surprised...

      In my neck of the woods, you'll find a lot of older guys for whom fishing is a second career. They like fishing and they like people, so they jump through the hoops to add "Captain" to their name and get paid to take people fishing...

      @Steve...

      Reaching a point where you want freedom to do as you please and still keep your hand in the game is the perfect scenario for a part-time consulting/teaching biz...
      {{ DiscussionBoard.errors[3125832].message }}
  • Profile picture of the author Oxbloom
    I think others are onto it.

    You've said you're not ready to pack it in. You've got this amazing talent and depth of knowledge you've spent years accumulating...about how to use information to reach people, and change minds and lives.

    Take that skill, toss buyers' market research to the curb, and info-market something you love.

    Get the word out about whatever it is that makes SW close his eyes in the middle of the day and sigh...or squirm.

    Only 74 people a month looking for the particular model of antique car you live to rebuild in your garage? Screw it...unite them!

    Only 19 people a month looking for info on your favorite endangered species? None of them buyers of anything? Use your IM mojo to get the word out through crossover channels, and keep the critter among us.

    Have some fun...change the world...quit chasing the dollar and start chasing the dream.

    Information marketing has the potential to be the most powerful influencer ever devised by man. The great equalizer. You can compete with big media and billionaire advertisers for the hearts and minds of the people. You can market ANY message, if you're willing to do it for free.

    What's your message?
    {{ DiscussionBoard.errors[3125839].message }}
    • Profile picture of the author Lance K
      Sounds to me like your wife isn't so much concerned about whether you continue to work or not. The way I took it was that she's telling you to GIVE YOURSELF PERMISSION NOT TO WORRY ANYMORE.

      If it's not fun (or challenging or whatever makes you happy without worrying)...DON'T DO IT.
      Signature
      "You can have everything in life you want if you will just help enough other people get what they want."
      ~ Zig Ziglar
      {{ DiscussionBoard.errors[3125938].message }}
      • Profile picture of the author Dave Rodman
        Banned
        Maybe give yourself a vacation from your problems.

        {{ DiscussionBoard.errors[3125965].message }}
      • Profile picture of the author Kay King
        Still, every month I worry..."Will I make enough?"
        I had a bad year in 2009 - really bad. It took much of 2010 to recover and I fell into that trap of worrying every month. The "worry" becomes a habit in its own right and before long worrying can become part of your business plan without reason.

        Break the habit. Set a monetary goal for earnings at the beginning of each month. It may be what you need, what you want, or to buy something extra. Make it a reasonable figure and accept that reaching that goal means it's time to stop worrying. It works and avoids unnecessary stress.

        "Will I make enough" is self defeating - it doesn't define what "enough" is.

        kay
        Signature
        Every child needs a pet because every family needs an optimist

        Saving one dog will not save the world....but will forever change the world for one dog.
        {{ DiscussionBoard.errors[3126001].message }}
        • Profile picture of the author bhuff85
          Originally Posted by Kay King View Post

          I had a bad year in 2009 - really bad. It took much of 2010 to recover and I fell into that trap of worrying every month. The "worry" becomes a habit in its own right and before long worrying can become part of your business plan without reason.

          Break the habit. Set a monetary goal for earnings at the beginning of each month. It may be what you need, what you want, or to buy something extra. Make it a reasonable figure and accept that reaching that goal means it's time to stop worrying. It works and avoids unnecessary stress.

          "Will I make enough" is self defeating - it doesn't define what "enough" is.

          kay
          I agree with Kay. Figure out exactly how much cash you need to live on each month (and some extra cash for entertainment and other miscellaneous expenses) and go from there. If you're having a good month, then you can take some time off without worry. Obviously you'd want to have some extra cash stashed away in the event that anything wasn't working at all and your income dropped dramatically.

          And, like some of the others mentioned, why not consider outsourcing for some of the mundane and routine tasks that you're tired of doing? Once you find someone who is reliable and has services that are priced fair, it will take off any load of stress and free up your time considerably. It's all about finding a balance.
          Signature
          Want to speed up your writing and save time?
          This book will show you how:
          --> Write Fast: 21 Powerful Ways to Cut Your Writing Time in Half! <--
          {{ DiscussionBoard.errors[3126069].message }}
          • Profile picture of the author Steven Wagenheim
            Originally Posted by bhuff85 View Post


            And, like some of the others mentioned, why not consider outsourcing for some of the mundane and routine tasks that you're tired of doing? Once you find someone who is reliable and has services that are priced fair, it will take off any load of stress and free up your time considerably. It's all about finding a balance.
            Tried the outsourcing route...leads to different headaches. People just
            aren't reliable and I don't want to have to be a babysitter.

            Like I said, I don't need the money. So why put extra stress on myself
            by trying to find somebody who is responsible enough to get done what I
            need done?

            Let's face it...it's not THEIR business so they're not going to care as
            much about the work as I will. That's just human nature. It's like working
            for a boss. It's HIS business. He cares. You, not so much. If you screw up,
            so what? You get fired and get another job. Him? His business takes a
            direct hit because of it. It's just not the same thing when it's not YOUR
            child that has to be taken care of. That's why, if you find a reliable person
            to outsource to, you should hang onto them for dear life.

            But like I said, don't need the money so why do I need the headaches of
            having to watch over somebody?
            {{ DiscussionBoard.errors[3126102].message }}
            • Profile picture of the author bhuff85
              Originally Posted by Steven Wagenheim View Post

              Tried the outsourcing route...leads to different headaches. People just
              aren't reliable and I don't want to have to be a babysitter.

              Like I said, I don't need the money. So why put extra stress on myself
              by trying to find somebody who is responsible enough to get done what I
              need done?

              Let's face it...it's not THEIR business so they're not going to care as
              much about the work as I will. That's just human nature. It's like working
              for a boss. It's HIS business. He cares. You, not so much. If you screw up,
              so what? You get fired and get another job. Him? His business takes a
              direct hit because of it. It's just not the same thing when it's not YOUR
              child that has to be taken care of. That's why, if you find a reliable person
              to outsource to, you should hang onto them for dear life.

              But like I said, don't need the money so why do I need the headaches of
              having to watch over somebody?
              Eh, just figured that would alleviate your worries to a certain extent. I didn't say you had to outsource, but why not consider it an option?

              I'd say if you want to do some work that you enjoy, then by all means, DO IT! If you don't, then don't do it. Tackle only the things that interest you. You mentioned you're tired of routine tasks, so the outsource option would remove you from those very tasks. Sure, you have to look over someone to make sure the work is being completed in a timely manner and that it's done right, but you've also removed yourself from the tasks you're tired of.

              Sure - outsourcing can lead to headaches, but like anything, it can take some time before you find a reliable provider. Try getting referrals from other people who have had continued success with a certain provider. Drill them with as many questions as you can. Get potential providers on the phone. Only jump into it if you feel comfortable. Trust me - Once you find someone that can do what you need them to do (and do it well), a few e-mails or phone calls here and there to check up with them isn't that bad. That's what I do with my SEO now, and it's been an absolute timesaver and is 50 times better than me trying to tackle it all on my own like I did before. It took some time for me to give it up and realize outsourcing was the best option, but it was the greatest decision I've ever made in my IM career thus far.

              What you want to do is ultimately up to you and no one here can really tell you how to make that decision, but only offer advice. Of course, you could just completely stop IM altogether, but it doesn't sound like that is what you want to do (all money aside). So, this goes back to my original thoughts - Do whatever it is that you enjoy and find satisfaction in.
              Signature
              Want to speed up your writing and save time?
              This book will show you how:
              --> Write Fast: 21 Powerful Ways to Cut Your Writing Time in Half! <--
              {{ DiscussionBoard.errors[3126484].message }}
            • Profile picture of the author zapseo
              The problem is probably that you are trying the CHEAP outsourcing route.

              It reminds me of something John Carlton said -- to people who are looking to hire top copywriters -- that basically you need to offer them a piece of the company.

              Okay, that might be a drastic solution -- but it might generate some ideas for you.

              The other option is to hire someone to help automate the dull, boring, routine stuff for you.

              Let me know if I can give you a hand, Steven

              Live JoyFully!

              Judy


              Originally Posted by Steven Wagenheim View Post

              Tried the outsourcing route...leads to different headaches. People just
              aren't reliable and I don't want to have to be a babysitter.

              Like I said, I don't need the money. So why put extra stress on myself
              by trying to find somebody who is responsible enough to get done what I
              need done?

              Let's face it...it's not THEIR business so they're not going to care as
              much about the work as I will. That's just human nature. It's like working
              for a boss. It's HIS business. He cares. You, not so much. If you screw up,
              so what? You get fired and get another job. Him? His business takes a
              direct hit because of it. It's just not the same thing when it's not YOUR
              child that has to be taken care of. That's why, if you find a reliable person
              to outsource to, you should hang onto them for dear life.

              But like I said, don't need the money so why do I need the headaches of
              having to watch over somebody?
              {{ DiscussionBoard.errors[3134572].message }}
            • Profile picture of the author LeeLee
              Originally Posted by Steven Wagenheim View Post

              Tried the outsourcing route...leads to different headaches. People just
              aren't reliable and I don't want to have to be a babysitter.

              Like I said, I don't need the money. So why put extra stress on myself
              by trying to find somebody who is responsible enough to get done what I
              need done?

              Let's face it...it's not THEIR business so they're not going to care as
              much about the work as I will. That's just human nature. It's like working
              for a boss. It's HIS business. He cares. You, not so much. If you screw up,
              so what? You get fired and get another job. Him? His business takes a
              direct hit because of it. It's just not the same thing when it's not YOUR
              child that has to be taken care of. That's why, if you find a reliable person
              to outsource to, you should hang onto them for dear life.

              But like I said, don't need the money so why do I need the headaches of
              having to watch over somebody?
              Instead of hiring an outsourcer, how about training a protege. Someone who would mind your business for the priviledge of learning directly from a successful marketer. By the time your protege is ready to fly, you will know if you want to continue what you are doing now, become a mentor or ditch the whole thing.

              I'm formally volunteering to be your guinea pig.
              Signature
              The wisdom of life consists in the elimination of nonessentials. ~ Lin Yutang
              {{ DiscussionBoard.errors[3314521].message }}
  • Profile picture of the author Tsnyder
    (paraphrasing)

    Someone once said something like... Nobody on their
    death bed ever said they wished they'd spent more time
    at the office.

    There is life outside of IM!!! Live it!

    Tsnyder
    Signature
    If you knew what I know you'd be doing what I do...
    {{ DiscussionBoard.errors[3125899].message }}
  • Profile picture of the author rtrube
    Steven,

    The first thing I would say to her, is "I love you..." You are 1 lucky guy if your wife is willing to accept that fact.

    But enough with the sappy part.

    I have several clients that have gotten exactly where you are. And I tell them the exact same thing every time.

    Sit down, and truly evaluate the parts of "work" that you really enjoy. But you also have to evaluate the parts that you don't enjoy, and determine if they are necessary evils that must be done. If they are required, then you either outsource them, or you accept the fact they are required, and you figure out a way to get them done with less pain.

    Once you determine the parts that you love, set modified expectations of your performance and output (or input depending how you look at it). If you are grinding on product creation, then lower your output, but shoot for higher quality.

    One of my best clients, and now a good friend took his skills, and started doing work for non-profits and foundations. He basically decided that he loved "woprking", didnt need the $$, so he basically gave his time and the $$ that followed to groups that really needed it. He got the personal satisfcation of the work, he reduced his work hours to 2-3 days a week, and is doing something at the same time to make the world a better place... (Win Win Win).

    That's my 2 nickels worth...
    Signature
    Rob Trube
    If you are serious about your IM business, then you need a plan. An IM Focus Plan!
    The Internet Marketing Focus Plan
    {{ DiscussionBoard.errors[3125903].message }}
    • Profile picture of the author Black Hat Cat
      Banned
      I would make a bogus post at the WF leading people to believe I'm doing so well, I can retire today and never have to work again so they would check out the stuff in my sig in order to figure out how they can retire so young too.
      {{ DiscussionBoard.errors[3125971].message }}
      • Profile picture of the author Dave Rodman
        Banned
        Originally Posted by Black Hat Cat View Post

        I would make a bogus post at the WF leading people to believe I'm doing so well, I can retire today and never have to work again so they would check out the stuff in my sig in order to figure out how they can retire so young too.
        Haha. Such a cynic (but can't say I didn't think the same thing myself).
        {{ DiscussionBoard.errors[3125989].message }}
      • Profile picture of the author Steven Wagenheim
        Originally Posted by Black Hat Cat View Post

        I would make a bogus post at the WF leading people to believe I'm doing so well, I can retire today and never have to work again so they would check out the stuff in my sig in order to figure out how they can retire so young too.
        I was wondering how long it would take for you to post your usual snide
        comment.

        Happy New Year to you too.

        (You can use whatever word replacement you deem appropriate for the
        above comment)
        {{ DiscussionBoard.errors[3126021].message }}
        • Profile picture of the author Lance K
          [DELETED]
          {{ DiscussionBoard.errors[3126104].message }}
          • Profile picture of the author Steven Wagenheim
            Originally Posted by Lance K View Post

            Not saying BHC's comment is or isn't valid...but you probably could have avoided such feelings all together if you turned off your sig in this thread.
            And I think after 4 plus years at this forum, that shouldn't have to be
            something that I need to even think about.
            {{ DiscussionBoard.errors[3126109].message }}
            • Profile picture of the author Lance K
              [DELETED]
              {{ DiscussionBoard.errors[3126137].message }}
              • Profile picture of the author Steven Wagenheim
                Originally Posted by Lance K View Post

                That's a little naive, don't you thing?
                No, I don't think it's naive. I think Cat's a troll and you're being nit picky.

                I made no claims about income. I simply said my wife said we don't need
                the money anymore, which we don't. I could be making $1,000 a month for
                all you know...$1,000 that we don't need.

                You want to read more into this thread than what there is? That's YOUR
                problem...not mine.

                As far as Cat's attitude around this place, there hasn't been a nice word
                out of his mouth since he came here. Honestly, I'm surprised he's still
                around, but it's not my call to ban him.

                I have nothing to feel guilty about in regard to anything that I have
                stated in the OP.

                You and others can make what you want of it.

                It's YOUR problem...not mine.
                {{ DiscussionBoard.errors[3126164].message }}
              • Profile picture of the author Steven Wagenheim
                Originally Posted by Lance K View Post

                That's a little naive, don't you think?
                I have removed my sig from every post in this thread.

                In response to Dave...my wife works. She makes well over 6 figures. It has
                very little to do with my income for the reason why we don't need the
                money. My daughter is done with college and the mortgage is paid. There is
                just nothing left to spend money on. I don't travel, save like a miser and
                have no desire to go out spending what I do have saved.

                Plus, my wife will be retiring in a few years when she hits 55 (she's a
                school teacher with over 30 years experience.)

                Thus, no need to work anymore. Answer your question?

                As for this thread, I will come back to check the poll results later on.

                Aside from that...I have nothing else to add.
                {{ DiscussionBoard.errors[3126208].message }}
                • Profile picture of the author lgibbon
                  Banned
                  Originally Posted by Steven Wagenheim View Post


                  Aside from that...I have nothing else to add.
                  Where have we heard that before?
                  {{ DiscussionBoard.errors[3126294].message }}
                • Profile picture of the author JohnMcCabe
                  Veering off on a slight tangent here...

                  Unless you're in a situation like Steve's, worrying about money can be very counterproductive. Especially if you start obsessing over whether you'll make enough this month.

                  Often, you'll worry yourself into the mindset that every little thing you do just has to pay off; you don't leave any room for error because you can't afford to make a mistake.

                  Once this mindset takes hold, you won't do anything because you can't afford to get something wrong. And this paralysis leads to the very condition you dread.

                  I fell into that mindset hunting my first engineering job. I was so afraid of making a mistake in an interview that I screwed them up royally. Then, out of the blue, a recruiter called me and asked if I wanted to interview for a job he had on his board.

                  Why not? If it went like the previous ones, I'd get put up at a decent hotel, get a few decent meals along with a plant tour and an interview. So I went, not really caring if I got the job or not...

                  Long story short, I relaxed and let me be me. And I had a job offer waiting when I got home...

                  It might sound a bit cliche', but dance like nobody's watching and market like you don't care who buys...
                  {{ DiscussionBoard.errors[3126303].message }}
          • Profile picture of the author Steven Wagenheim
            Originally Posted by Lance K View Post

            Not saying BHC's comment is or isn't valid...but you probably could have avoided such feelings all together if you turned off your sig in this thread.
            Furthermore, if that's how you feel, maybe whenever anybody starts a
            thread giving any kind of tips, they should turn off their signatures too.

            Better yet, why don't we just do away with signatures here at the forum
            and see how many people are left.
            {{ DiscussionBoard.errors[3126120].message }}
            • Profile picture of the author Caleb Spilchen
              Originally Posted by Steven Wagenheim View Post

              Furthermore, if that's how you feel, maybe whenever anybody starts a
              thread giving any kind of tips, they should turn off their signatures too.

              Better yet, why don't we just do away with signatures here at the forum
              and see how many people are left.
              Wags,

              You deserve a sig.... Because, unlike most people your posts are Legit, I'm not surprised that you can retire right now, because your stuff is THAT GOOD.

              Eventually you'll decide to call it quits and you'll be done, just don't let anyone push you to that...

              Isn't Dennis Becker like 65?

              Caleb
              Signature

              Caleb Spilchen

              {{ DiscussionBoard.errors[3126160].message }}
          • Profile picture of the author Dave Rodman
            Banned
            Originally Posted by Steven Wagenheim View Post

            Tried the outsourcing route...leads to different headaches. People just
            aren't reliable and I don't want to have to be a babysitter.

            Like I said, I don't need the money. So why put extra stress on myself
            by trying to find somebody who is responsible enough to get done what I
            need done?

            Let's face it...it's not THEIR business so they're not going to care as
            much about the work as I will. That's just human nature. It's like working
            for a boss. It's HIS business. He cares. You, not so much. If you screw up,
            so what? You get fired and get another job. Him? His business takes a
            direct hit because of it. It's just not the same thing when it's not YOUR
            child that has to be taken care of. That's why, if you find a reliable person
            to outsource to, you should hang onto them for dear life.

            But like I said, don't need the money so why do I need the headaches of
            having to watch over somebody?
            They don't need to care. They just need to do the work. Outsourcing isn't hiring one person to be the "new you" and suddenly have the same passion as you. It's dividing up work and assigning out tasks.

            Originally Posted by Lance K View Post

            Not saying BHC's comment is or isn't valid...but you probably could have avoided such feelings all together if you turned off your sig in this thread.
            For me the skepticism is more that a 53 year old can not worry about money. The implication is that he got to this financial position because of IM, which is hard to believe. Mostly because IM is a newer industry and people haven't been at it for terribly long.

            But, it could be that he saved 80% of his earnings for 30 years and he's in a great financial position. I think most people will assume he just made a killing while doing IM.
            {{ DiscussionBoard.errors[3126174].message }}
  • Profile picture of the author Ernie Lo
    Steven,

    You are not getting any younger....we all aren't.

    Money is made to be enjoyed!

    No point making all this money, having it sit there and then just handing the keys to the "ferrari" to your children.


    Of course I wouldn't quit your online business, but i'd slow right down and go outside, enjoy life and have a big adventure.

    You deserve it.
    {{ DiscussionBoard.errors[3125937].message }}
  • Profile picture of the author Bruce Wedding
    I'd tell her to let me worry about the business and while she's NOT worrying about it, go fix me a sandwich.
    {{ DiscussionBoard.errors[3126020].message }}
  • Profile picture of the author jonibravo
    Interest one post in internet marketing forum. lolz.....
    {{ DiscussionBoard.errors[3126121].message }}
  • Profile picture of the author willyboy104
    How's about taking a new route and instead of marketing online start selling the fish you catch?
    Signature
    If you want to learn how to make money online, no bullshit click here.
    {{ DiscussionBoard.errors[3126145].message }}
  • Profile picture of the author rashlan1982
    Money is everything, and everything needs money..
    If my wife said that to me, maybe she inherited her family fortunes..
    lucky me
    {{ DiscussionBoard.errors[3126257].message }}
  • Profile picture of the author karlarcher
    Work to live! Not live to work! Work life balance, blah, blah, blah. I hope i get there soon. Enjoy life and family, thats why we're here.

    Yours Jealously

    Karl
    {{ DiscussionBoard.errors[3126279].message }}
  • Profile picture of the author Rod Cortez
    I would follow your wife's advice and "stop worrying".

    You could make a compromise. Work your business part-time, relax more often, and use that extra free time to focus on other things, such as fishing, your music, taking trips with your spouse, etc.

    RoD
    Signature
    "Your personal philosophy is the greatest determining factor in how your life works out."
    - Jim Rohn
    {{ DiscussionBoard.errors[3126317].message }}
  • Profile picture of the author CDarklock
    Originally Posted by Steven Wagenheim View Post

    I can't picture myself retiring at 53 because I think I'd be bored stiff, and yet, I'm getting tired of the daily grind of "having" to put out product and/or whatever marketing I do.
    Your wife doesn't want you to stop working. Neither do I. You love what you do.

    What she wants is for you to stop worrying. When you're working on a project and you get bored, you have her permission to toss it aside and go do something else. Come back to it when it's fun again. You don't have to do anything tedious.

    And I suspect what she really wants is for you to stop complaining about it. Which may be the only way you know how to communicate with her sometimes; I know it's frequently the way I communicated with my wife. When I needed her attention and affection, I'd complain that something unfair was happening at work, so she'd comfort and reassure me that I was doing a fine job and everyone knew it.

    I miss that. I don't know any other similarly reliable way to get that response from someone. Could that be part of what's happening with you?
    Signature
    "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
    {{ DiscussionBoard.errors[3126320].message }}
    • Profile picture of the author Matt Bard
      Originally Posted by CDarklock View Post

      What she wants is for you to stop worrying.
      This was my first thought too.

      At our age, worry and stress can be more damaging than being broke. Even if going broke was a concern right now, which it obviously isn't.

      But to answer the question of what to do about retiring...hmmm, I think I would put together a musical ventriloquist act and travel around the country putting on shows at high schools.

      Your message would be about the dangers of retiring early.

      p.s. Put your sig back in. You earned it.
      {{ DiscussionBoard.errors[3312664].message }}
  • Profile picture of the author Sarah Russell
    Who cares how much Steven makes and whether or not he includes a signature in his posts - why not look at this is a chance to discuss the very real issue of planning an exit strategy from internet marketing?

    We all dream of getting to that point where we have enough money in the bank to not need to work, but when you get there, what are you going to do? Are you going to sell the businesses you've created, take a less active role in their management (via outsourcers, buyouts, etc) or let them fall out entirely? And if you plan to take the smaller role approach, are you structuring your business in a way that will permit that?

    Just food for thought instead of unnecessary bashing
    {{ DiscussionBoard.errors[3126341].message }}
    • Profile picture of the author JohnMcCabe
      Originally Posted by Sarah Russell View Post

      Who cares how much Steven makes and whether or not he includes a signature in his posts - why not look at this is a chance to discuss the very real issue of planning an exit strategy from internet marketing?

      We all dream of getting to that point where we have enough money in the bank to not need to work, but when you get there, what are you going to do? Are you going to sell the businesses you've created, take a less active role in their management (via outsourcers, buyouts, etc) or let them fall out entirely? And if you plan to take the smaller role approach, are you structuring your business in a way that will permit that?

      Just food for thought instead of unnecessary bashing
      Another voice of reason heard from...

      I exited 2009 with big plans, but when I looked at them, the one thing missing was indeed an exit - besides the obvious "toes up and feet first" one.

      So I spent most of 2010 taking a big step backwards and restructuring what I want to do going forward. And now I enter 2011 with big plans again...
      {{ DiscussionBoard.errors[3126359].message }}
  • Profile picture of the author Ross Dalangin
    I voted on the first option...Go fishing!

    Ross
    {{ DiscussionBoard.errors[3126357].message }}
  • Profile picture of the author WD Mino
    Wags,

    Pay no attention to the nays who asked em anyhow.

    I want to say that man you have a habit of worrying about everything so if your wife is saying hey Steve we are ok that is what she means Worry is stress and stress kills so relax man you are doing fine your business is not going to go up in smoke if you don't push things one day.

    I mean one thing I am gonna tell you straight out Steve is you need to recognize yourself as being a person of value it is not what you do it is YOU.

    I perceive much concerning you over the past year and yes we have had our moments however I really want you to "get this' this year. You are a hard worker,a wise counsel and most importantly in spite of your edgy comments have a huge heart so what the heck Steve? Stop worrying about life and start living it go take your wife in your arms and tell her how much you love her and go out to dinner # the business once in a while!
    Cheers
    -Will
    Signature

    "As a man thinks in his heart so is he-Proverbs 23:7"
    Coming Soon http://graphicsdon.com

    {{ DiscussionBoard.errors[3126404].message }}
  • Profile picture of the author tryinhere
    If fishing floats your boat then go and do it - The great thing about fishing ( or a little saying i have when going fishing ) is that, throwing that line in the water is like throwing all of your troubles away -

    It seems to release the tensions and built up frustrations ? not sure if it has any thing to do with the water combined with waiting for that fish to bite, but it works and it leaves you refreshed and thinking clear, and if your lucky you even grab a feed as well.

    What ever you choose I wish you well.
    Signature

    .

    {{ DiscussionBoard.errors[3126406].message }}
  • Profile picture of the author Trent Brownrigg
    I say just cut back. You don't have to fully "retire" and stop everything and just let your business die off. You can work maybe a couple days per week or only a couple hours per day. Take long vacations. Work every other week. Whatever you want. As long as you have more than enough money to live on coming in each month plus some extra to save then you have nothing to worry about. If you're bored then work. If you're tired of working then take time off. You have that luxury. It doesn't have to be an all or nothing decision.

    You could also sell off your entire current business, thus earning a huge influx of money to live on for a long time, then start over with something new that you really enjoy. You have plenty of knowledge, experience, and resources to start over and still pull in a good income.
    Signature

    You can find internet marketing strategies, SEO consulting, and tons of business advice at BAM!

    {{ DiscussionBoard.errors[3126413].message }}
    • Profile picture of the author alwaysready
      I have never taught about this actually , very interesting subject !

      I 100% agree with the fact that this is like being unstable , one day you're having fun with it the next you're feeling dizzy of the routine , that is one of the worst ting about online marketing ,and we have to admit it
      I think everyone ( or most of Us) had a very "strong" reasons & beliefs to be here sitting in front of Pc "working" , so i don't think giving it up is a wise/good decision ! we are very motivated committed people and quitting needs convincing reasons , so just find yours and then quit , otherwise , you carry on what you loved and have started ( but don't worry about what you will make every month , she is right man ) !!!!! gooD . Luck
      {{ DiscussionBoard.errors[3127411].message }}
    • Profile picture of the author claudemai
      I'd go to beach and find another girl.
      {{ DiscussionBoard.errors[3136275].message }}
      • Profile picture of the author WD Mino
        Originally Posted by claudemai View Post

        I'd go to beach and find another girl.
        :confused::confused::confused:
        Signature

        "As a man thinks in his heart so is he-Proverbs 23:7"
        Coming Soon http://graphicsdon.com

        {{ DiscussionBoard.errors[3136764].message }}
  • Profile picture of the author wisecrack
    I'm 73 years old and just love Internet Marketing it has given me a new interest that I enjoy working at. I play golf twice a week handicap 17, used to be better, go sailing at weekends ( in the summer months, that's april until October here in the UK)

    My wife and I love to travel, we have a son with his family in Sydney so we go out to Australia and visit them for about a month at a time every 12 to 18 months and of course, we like to get some winter sun in other places. Florida is good as well as Egypt.

    When travelling I always take my laptop and spend a few hours with my internet marketing business. I think I would be lost without it.



    that promises to be lease of life
    Signature

    Please No Affiliate Links!

    {{ DiscussionBoard.errors[3126421].message }}
  • Profile picture of the author Buildingfutures
    Steven,

    I know from previous posts before that you've stated that you work 7 days a week, maybe 8-12 hours a day. You don't want to retire yet, you'd like to get some more money saved up (misers always do), so why not just cut back?

    Cut back to working only 4 days a week, 8-12 hours a day. Position those other three days to be off whenever you want. I personally would have Monday off no matter what. Monday's never bode well for me.

    I'd say start trying to make your business work for you while you're gone, so you don't have to be there as much. Like a buddy of mine who owns his own tattoo shop, after years of working, a back surgery or two, carpal tunnel, and general irritable bowels from the job, he's finally weening himself off of it and letting it make him money. He loves tattooing, but its to that point where he'd rather tattoo a few days a week, and let his boys make him money with their own clients.

    Now, I'm not going to pretend to know your business model or ignore the fact that you've already stated how you don't outsource. But a seasoned gentleman such as yourself should know a trick or two to let the business run by itself for a couple days a week without your overwatch.

    Jus' Sayin'.

    -Sean
    Signature

    Simple Mission Statement "Under the Radar and Over the Top!"
    Sean's Guide To The Forum
    Thoughts of a 22 Year Old Marketer

    {{ DiscussionBoard.errors[3126479].message }}
    • Profile picture of the author wilsonm
      I have just finished Richard Brandon's book 'Screw It, Lets Do
      It'. He talks about 'fun' being the most important ingredient to what he does: if ain't fun its no point doing. Unless you have another overwhelming reason to do something (money or the passion to succeed at something for example), quite frankly I would chuck it in.

      Personally I cannot say I am passionate about sitting in a dark room staring at a computer but the opportunity to make money drives me at this game. So if you can't find anything passionate about it, I would call it a day.
      {{ DiscussionBoard.errors[3311597].message }}
  • Profile picture of the author Timothy Reuscher
    Wow a wife. How do I get one of them? Ha ha, just kidding. I'm only doing this IM thing part time. Once I get enough money, I will exit the IM scene. In several years, I plan on becoming an elementary school teacher. Preferably K-2nd grade.

    I do a lot of voluntary teaching for the little kids. I've found it to a passion in my life. I have more passions, but teaching is so rewarding.

    If you're tired of IM, go explore the world to find new passions in life. We only get one shot in this world, so never pass up any chances. You don't want to regret anything.
    {{ DiscussionBoard.errors[3126499].message }}
  • Profile picture of the author Gasen
    Hey Steve

    Don't you have a recording studio at home or something like that?
    If so, why not take some time out from IM and do some recording?

    If my wife said we don't need the money, I would ask when the hell did I get married. I am always the last to know. j/k

    Personally I will do a little of both.

    Maybe you and your wife should discuss it.

    Whatever you decide, you deserve some time out doing what you love.

    Congrats and good luck for the future.

    P.S. please let us know what you decide
    {{ DiscussionBoard.errors[3126511].message }}
  • Profile picture of the author Mehak
    well it's not about worrying or working to make money. There's other things to life such as looking after your health and educating yourself. You may not need to work but you can set up systems to earn you income for life
    {{ DiscussionBoard.errors[3126529].message }}
  • Profile picture of the author joma12
    ask her to find a job which is paying your bills so you can go fishing
    Signature
    Huge Traffic in Less Than 24 Hours- 100% Guaranteed! 100% FREE (free for warriors!)
    Click here NOW
    Spy on your website users watch what they did on your site SEE HERE How >>>
    Join PPV-Guru here
    {{ DiscussionBoard.errors[3126542].message }}
    • Profile picture of the author Caleb Spilchen
      Originally Posted by joma12 View Post

      ask her to find a job which is paying your bills so you can go fishing
      Can you read? He said she has a job bringing in over 6 fig's

      Caleb
      Signature

      Caleb Spilchen

      {{ DiscussionBoard.errors[3126633].message }}
      • Profile picture of the author Buildingfutures
        Originally Posted by Caleb Spilchen View Post

        Can you read? He said she has a job bringing in over 6 fig's

        Caleb
        Don't expect people to READ, Caleb! That's just rude.

        -Sean
        Signature

        Simple Mission Statement "Under the Radar and Over the Top!"
        Sean's Guide To The Forum
        Thoughts of a 22 Year Old Marketer

        {{ DiscussionBoard.errors[3126673].message }}
        • Profile picture of the author Caleb Spilchen
          Originally Posted by Buildingfutures View Post

          Don't expect people to READ, Caleb! That's just rude.

          -Sean
          Yeah,

          Just check out his sig.


          No affiliate links in sig files
          Just sayin
          Signature

          Caleb Spilchen

          {{ DiscussionBoard.errors[3126678].message }}
          • Profile picture of the author Buildingfutures
            Originally Posted by Caleb Spilchen View Post

            Yeah,

            Just check out his sig.
            I rather enjoy that. I don't often take a look a people's sigs, but that made me laugh.

            -Sean
            Signature

            Simple Mission Statement "Under the Radar and Over the Top!"
            Sean's Guide To The Forum
            Thoughts of a 22 Year Old Marketer

            {{ DiscussionBoard.errors[3126722].message }}
            • Profile picture of the author Caleb Spilchen
              Originally Posted by Buildingfutures View Post

              I rather enjoy that. I don't often take a look a people's sigs, but that made me laugh.

              -Sean
              I like it better when they put "please read the sig file rules"..

              One time they changed this guys sig to

              "stop pm spamming"
              Signature

              Caleb Spilchen

              {{ DiscussionBoard.errors[3126732].message }}
          • Profile picture of the author lgibbon
            Banned
            Originally Posted by Caleb Spilchen View Post

            Yeah,

            Just check out his sig.



            Just sayin
            Looks like he just put it back again.
            I feel a ban coming {hopefully]
            {{ DiscussionBoard.errors[3126953].message }}
  • Profile picture of the author pickthat apple
    After many years of the same routine job I believe I would want to go into something different, maybe some offline activity that you enjoy as a hobby and so on. It will take no time for you to set up an online business again if you so wish, because of your previous skills.
    As far as other people expectations, let them worry about that.
    {{ DiscussionBoard.errors[3126876].message }}
  • Profile picture of the author Chris Thompson
    Steven - I'd use it as a bit of a reality check. Have you read Tim Ferriss' book The Four Hour Work Week? Clearly you have the income part down, but are you fulfilling your dreamlines?

    I might just ask myself I could slow down on the "work" part (or just outsource the parts that bore you), and spend more time doing something else that excites me.

    I know you love the business. Of course. But what else do you love? What else do you dream of doing? Why not do some of that too?
    {{ DiscussionBoard.errors[3126930].message }}
  • Profile picture of the author butch04
    Me I'd go with doing a little bit of both.

    I know people who are retired and they
    all got bored after awhile. Some now
    even work a part time job.

    So I'd say do both and enjoy it.
    {{ DiscussionBoard.errors[3127565].message }}
  • Profile picture of the author Sardent
    Why retire?

    If the money isn't problem anymore, spend a little of it and outsource the stuff you don't like to do, and concentrate on the stuff you do like to do?

    Any time freed up becomes more family time. Time for experiences.

    No one ever lay in their death bed and wished they had another $50.
    This wish for things like a walk in the park with their wife, playing catch with their kids, going to all the soccer games, taking the time to learn how to paint...
    Signature
    {{ DiscussionBoard.errors[3127589].message }}
  • Profile picture of the author James Clark
    Hey Wags,

    I wouldn't go fishing! You can always buy some fish.
    {{ DiscussionBoard.errors[3127648].message }}
  • Profile picture of the author sbucciarel
    Banned
    I said I'd do both but I really love fishing, so I'd probably lean towards more fishing and less working, although I wouldn't give up working altogether.

    Disclaimer: I don't have a wife.
    {{ DiscussionBoard.errors[3127723].message }}
  • Profile picture of the author Brendon Zahrndt
    Steve,

    If my wife said that to me I would listen and stop worrying.

    Shortly after that, and if money was no longer an object, I would consider purchasing the Cleveland Browns. These losing seasons are tiresome.

    Just being honest.
    {{ DiscussionBoard.errors[3127841].message }}
  • Profile picture of the author Rob Howard
    If my wife told me that?

    Yes dear.

    Rob
    {{ DiscussionBoard.errors[3127866].message }}
  • Profile picture of the author AndrewCavanagh
    Originally Posted by Steven Wagenheim View Post

    "We don't need the money anymore...stop worrying so much."

    Maybe you should take her advice and...stop worrying so much.

    Also at your point it would make sense to hire someone to do the routine stuff so you can focus on the stuff that you enjoy and that's likely to make you more money (like product creation etc).

    Just sitting down and working out exactly what kind of lifestyle you want can be an eye opening experience.

    Some people love to work 60+ hours a week...most are happy around the 20 hour a week mark (we actually evolved as humans to spend that much time catering for our basic needs so that's not a big surprise).

    You just need to work out what kind of lifestyle and work committment suits you and redesign your business life around that.

    Kindest regards,
    Andrew Cavanagh
    {{ DiscussionBoard.errors[3128010].message }}
  • Profile picture of the author Stevie G
    Steve,

    If I were you I would sit down for a few days with a pen and paper and think about what type of life I wanted to live. Do you have a ten year vision? If not write one. And from that write 5 and 1 year visions. describe in detail exactly what your life would be like if anything were possible. Anything at all. I'm not saying your gonna reach that goal but you might as well go all out on it.

    Now that you are free from the constraints of money, you have an amazing opportunity to go after a goal that you have always wanted to achieve if you can identify one. It might be to do with IM or it may be some other kind of creative endeavour? Is there a sport you really want to get good at? An instrument you want to learn? A business you want to launch?


    Finding out what you want to do might take some heavy introspection and some legwork to get to the root of what you really want, good luck with it. I hope the right answer finds you soon.


    Stevie G
    {{ DiscussionBoard.errors[3128012].message }}
    • Profile picture of the author Bill Farnham
      Steven,

      The problem with going fishing is that most people who take up fishing end up getting a boat.

      Most people who buy a boat want a bigger boat.

      Most people who buy a bigger boat get a little dinghy.

      I think your wife wants you to quit worrying, not get a little dinghy...

      ~Bill
      Signature
      {{ DiscussionBoard.errors[3128103].message }}
      • Profile picture of the author garyv
        Originally Posted by Bill Farnham View Post


        I think your wife wants you to quit worrying, not get a little dinghy...

        ~Bill
        Wow... I'm sure size doesn't matter to Steven's wife lol :p

        Why not just buy a nice cheap little HD camera, and then make a fishing blog w/ videos?
        {{ DiscussionBoard.errors[3136130].message }}
  • Profile picture of the author Don Schenk
    Anyine notice Steven has not been back in here to answer any of us for awhile?

    Maybe Mrs. W. took away his computer so he would have to stop working until she gives it back.

    :-Don
    {{ DiscussionBoard.errors[3128089].message }}
  • Profile picture of the author Bill Farnham
    Originally Posted by chrismarcans View Post

    Always tell your wife that you love her so that she will submit to you also. Money is not a big thing in a relationship.
    I tell my wife I love her because I love her, not so she will submit to me.

    And you also missed the mark about money not a being a big thing in a relationship. It 's been proven to be huge in most relationships.

    Other than that...:rolleyes:

    ~Bill
    Signature
    {{ DiscussionBoard.errors[3128252].message }}
  • Profile picture of the author Rainbow5
    Keep things in balance! Spend time fishing and spend time working online. Variety will make your day interesting and fun!
    {{ DiscussionBoard.errors[3128283].message }}
  • Profile picture of the author Lee Wilson
    There's a poll option missing... Remind her how much she spends!
    {{ DiscussionBoard.errors[3128385].message }}
  • Profile picture of the author travelingtrader
    If I were you, I'd go fishing. Then again I write a blog about fishing. Haven't monetized yet but when I do...Yah-Hooo!!!!
    {{ DiscussionBoard.errors[3136056].message }}
  • Profile picture of the author Robert Colle
    I guess I will just have to think it over for a while and probably at the end I will have to pack it up go fishing hahaha. If not then it is going to be a hard time with her. So I will do what she wants for a while just to please her and later talk some sense into her and make her understand that I can't just be me if I stop it all.
    {{ DiscussionBoard.errors[3136166].message }}
  • Profile picture of the author foxtrot3
    Steven - Congrats on getting to the point where work is no longer a necessity.
    I know you've earned it.
    {{ DiscussionBoard.errors[3136857].message }}
  • Profile picture of the author paulie888
    I'd just do the fun stuff that pleases me. Since there are no bills or other expenses to worry about and all debt is cleared out, I'd focus only on the activities that interested me, since there'd be no need to earn/make a living anymore.
    Signature
    >>> Features Jason Fladlien, John S. Rhodes, Justin Brooke, Sean I. Mitchell, Reed Floren and Brad Gosse! <<<
    {{ DiscussionBoard.errors[3137331].message }}
  • Profile picture of the author theemperor
    I voted for working harder. Here is why:

    I'm relatively young and these are the years I can earn the most (or set up the foundation for earning more in the future). It would be short sighted to slow down now.

    I enjoy looking for ways to scale things up or go in new directions. That challenge makes it interesting and should also bring in more money.

    Steven - you don't necessarily have to grind out products. Perhaps you could outsource some of the work or employ someone and teach them your system. There is a lot of value in your "name" on Warrior Forum and you could be quite creative on what you offer to other Warriors in return for money or fame.
    {{ DiscussionBoard.errors[3137372].message }}
  • Profile picture of the author Onash
    I would go........ WHAT ???......Were the police here ? Did they find out it was we who looted the Bank ?....
    {{ DiscussionBoard.errors[3137405].message }}
  • Profile picture of the author ronaks
    Banned
    [DELETED]
    {{ DiscussionBoard.errors[3137942].message }}
  • Profile picture of the author ileneg
    First - I would put your signature back into your thread because those of us who have been here longer than 5 minutes "get you" and know that's not why you started this thread.

    Next - I too would suggest on working on your worried thoughts as worried thoughts are kind of negative and do not (normally) serve "you" (well).

    Third - I'd volunteer (works for me anyway). Take what you know and what you love doing and do the same thing for a small, start-up, struggling non-profit organization that resonates with you. Sit on their board of directors, help them with their fundraising plan, help and show them how to raise their bottom line. You will be rewarded many times over.

    HTH,
    ileneg

    (i don't fish)
    {{ DiscussionBoard.errors[3155910].message }}
  • Profile picture of the author Chri5123
    Personally I would explain that it is NOT work to me.

    I know that sounds mad but it is true - I literally do this because I enjoy it and the money is brilliant as well

    I would also say that although we are comfortable i.e no money worries - you can never have too much and I don't mean hording it - you could give to charities, help people etc...

    Out of what you have said though - I would spend the time trying to outsource some of the work so I/you could have a holiday and then come back refreshed.
    {{ DiscussionBoard.errors[3155926].message }}
  • Profile picture of the author Jill Carpenter
    Originally Posted by Steven Wagenheim View Post

    Still, every month I worry..."Will I make enough?"
    I would hand her a copy of that book - "Who moved my cheese"

    Amazon.com: Who Moved My Cheese?: An Amazing Way...Amazon.com: Who Moved My Cheese?: An Amazing Way...
    Signature

    "May I have ten thousand marbles, please?"

    {{ DiscussionBoard.errors[3155940].message }}
  • Profile picture of the author Andyhenry
    Hey Stephen,

    I had to ask myself this question previously but after I got divorced and only had to think about what I wanted.

    I found that while I started out in IM to make money and it was my main focus at first - once I was living in an exotic location with more money than I needed - I got even more into IM from the helping others perspective.

    For me it's always been a difficult question to answer because I've never really been motivated by money. I was very motivated by lack of it (or rather - debts) when I started but I've never really been driven by money so in order to motivate myself to make it I need to be doing something I care about that has the side effect of making money. Luckily being really into people and technology there have been plenty of opportunities to do that but I still struggle sometimes because I should charge for my time and knowledge many times when I'm giving them away because I love to help.

    I know you'll do what you think is right for your family and what's the point of making money if it's not to be able to give them and yourself more time and happiness.

    Andy
    Signature

    nothing to see here.

    {{ DiscussionBoard.errors[3156032].message }}
    • Profile picture of the author Barry Unruh


      I think the perfect solution is a waterproof netbook. Then you can go fishing, pull out the netbook when inspiration hits. When you feel the stress start growing, you put away the netbook, put on some fresh bait, and get back to the business at hand.....relaxing.

      I suspect your sanity and happiness will be the greatest when you combine all of your passions....a little work, a little play, and choosing which is which at any given moment.

      Whatever you choose to do, BE HAPPY!!!

      Take care,

      Barry
      Signature
      Brain Drained...Signature Coming Soon!
      {{ DiscussionBoard.errors[3156103].message }}
  • Profile picture of the author LetsGoViral
    I don't have a wife. If I had one, I would not listen what she says and would do what my heart tells me to.
    Signature
    Time of thinking is over.
    {{ DiscussionBoard.errors[3156076].message }}
  • The answer seems clear in the poll results, and seems clear in the responses too- you are now in a position to step back and decide what you really want to do.

    You have a reputation, and stable of your own products, and the knowledge, that if you lost all your money, you would be able to get it back up to speed from nothing.

    Is there something you want to do that you would look back and regret not doing?
    If so, that's what you should be looking to do.

    Gordon
    Signature
    {{ DiscussionBoard.errors[3156119].message }}
  • Profile picture of the author methomas
    I made the mistake of retiring in 1994 at 58 years old. I traveled for 2 years, got remarried and traveled another year.

    Then I got totally bored, tired of traveling but also tired of doing nothing. I have owned PCs since 1977 and just love the PC and the Internet, so I looked for ways to entertain myself.

    I started building websites and selling things and really enjoy the Internet game. I do what I do because it makes me happy.

    My advice, do what makes you happy! If you like to write, then write. Just do whatever makes you happy.

    And for me at 73, the things that make me happy have changed a lot over the years.

    I have had several friends who retired, sat around and did nothing and they were buried in a couple of years.

    Keep your mind busy and you will have a long and happy life.

    M E
    {{ DiscussionBoard.errors[3310933].message }}
  • Profile picture of the author paulie888
    I'm not married yet, but I'd choose option 3 and do a little bit of both.

    I find that having too much time off can get pretty boring very quickly, and after a while I'm itching to get back to work anyway, so I don't think I could just permanently retire and quit working completely.

    Paul
    Signature
    >>> Features Jason Fladlien, John S. Rhodes, Justin Brooke, Sean I. Mitchell, Reed Floren and Brad Gosse! <<<
    {{ DiscussionBoard.errors[3310967].message }}
  • Profile picture of the author DireStraits
    It's a bit hard to say what I'd do, as I doubt I'll ever get married (no-one would have me, anyway ), and thus will probably never be prompted (by anyone else, at least) to make such a decision.
    {{ DiscussionBoard.errors[3310990].message }}
  • Profile picture of the author sloanjim
    Why are you asking others what you should be doing in your life?

    Take a week off. Work out how you want to live your life...what's imprtant. Do it!

    Is this what you'll be doing instead? Entertaining on the forum? Then do some volanteer work and get off the Net.
    Signature

    15 Minute Forex Bar Trading System Free at
    http://www.fxscalpingmethod.com

    {{ DiscussionBoard.errors[3311283].message }}
  • Profile picture of the author Daniel Deegan
    I'd look at it like this...

    "stop worrying" doesn't equate to stop working. To me it means stop worrying about the money you make from your work. I think you should try something big and crazy, go balls out knowing that failure is not even part of the equation. You can still try and make money...but go hog wild and shoot for like 50 million or somethings really large...Create wealth for multiple generations of the wags bloodline...do it to enjoy the ride and for the challenge...create a story and then give it away...
    Signature

    ****************************************
    Spy & Track Winning Facebook Ads

    Spy & Track
    Winning Google Content Network Ads
    Spy & Track Winning Bing & Google PPC Search Ads
    â„¢ACP - Click Here For Details
    ****************************************

    {{ DiscussionBoard.errors[3311422].message }}
  • Profile picture of the author Shannon Herod
    I am in a similar position.

    All of my bills are paid and I basically work for utilities.

    But, I continue to strive as hard as I can. The reason being is I want to now start giving as much as possible.

    I want to live like no one else now, so I can give like no one else later.

    It is a quote from David Ramsey's Financial Peace University course.

    So, I voted I would keep working harder to get even more. But, I would change that to I am going to continue to work even harder so I can give even more.

    Talk soon,

    Shannon Herod
    {{ DiscussionBoard.errors[3311710].message }}
  • Profile picture of the author Charles Harper
    "...how many of you by worrying can add a single hour to his life...." (Matt. 6:27)

    CT
    {{ DiscussionBoard.errors[3311785].message }}
    • Profile picture of the author Shannon Herod
      Originally Posted by Charles Harper View Post

      "...how many of you by worrying can add a single hour to his life...." (Matt. 6:27)

      CT
      Word! A lesson I need to master.

      Shannon
      {{ DiscussionBoard.errors[3313804].message }}
  • Profile picture of the author cma01
    Steve,

    Do you get the irony that you are worrying about your wife telling you to stop worrying about working?

    Kay is right, worrying can become a habit. As someone else said, stress and anxiety kills.

    I think your next project should be learning how to live without being in a constant state of worry.

    Carla
    Signature
    "Wise men talk because they have something to say; fools, because they have to say something."
    ~ Plato
    {{ DiscussionBoard.errors[3311866].message }}
  • Profile picture of the author ashishaffiliate
    I'll choose little bit of both...
    {{ DiscussionBoard.errors[3311955].message }}
    • Profile picture of the author wilsonm
      I just saw Steven Wagenheim's profile on Ezine Articles and no wonder why he says he doesn't need the money. With over 2,000 articles, he must be making a serious passive income.
      {{ DiscussionBoard.errors[3312152].message }}
      • Profile picture of the author robbby
        When the wife is out I'd pack up the PC desk and chair, set up in my wooden shed at the bottom of garden.

        "Going fishing love, be back in 8 hrs cya" lol
        {{ DiscussionBoard.errors[3312217].message }}
  • Profile picture of the author JackPowers
    I would take on a BIG project. Something you always wanted to do.

    I know, I would certainly think about what legacy I would leave behind once I was financially secure.
    Signature

    {{ DiscussionBoard.errors[3312234].message }}
  • I believe that i would eventually grow bored if all I did was fishing. I think I cannot live without a project to work on. That being said, it is also equally true that working at full pace when money is not an issue anymore would be silly.

    I think that, whenever I reach that milestone myself, I will be looking to give up on the work-heavy projects and try to focus on sites that can be run on autopilot or on a part-time basis even that means halving my income. There comes a point that we need to know when to slow down just because we can.
    {{ DiscussionBoard.errors[3312270].message }}
  • Profile picture of the author ArticlePrince
    I'd start traveling and going on vacation.
    Signature
    FREE 500 word articles, PM me for yours!
    (4 days only!)
    {{ DiscussionBoard.errors[3312286].message }}
  • Profile picture of the author brandony
    Steve,
    I would keep going but change my strategy:
    I'd go much larger ticket on my product pricing, and tie up less of my time doing the grinding things. Think 10X pricing, with 1/10th the effort. just brainstorm it a bit and see what crazy ideas you can come up with.

    The "Retired from Internet Marketing Bootcamp. Step by step instruction on what you did to retire by age 53". Hold it over 4 days ($2995 per entrant), record the thing and sell it at a discount.


    Brandon

    Or...if you find you lost your passion...then refigure out what is driving and motivating you.
    Signature

    {{ DiscussionBoard.errors[3312392].message }}
  • Profile picture of the author Alfred Shelver
    Hi Steven,

    Well you think you know someone, I always thought of you as the man that was all knowing and therefore never needed to worry. As many have stated and I will reiterate you should let go of the worry and the negative.

    As someone who has for the past 7 years been given many life lessons on how short life really is, the saying " don't take life to seriously you will never get out alive" takes on a whole new meaning.

    I suggest you do what you love, and let what others think be their worries.


    To those cynics out there rude enough to talk about sig exposure to someone who has proven on this forum to be a giver not a taker. Shame on you.

    Thanks Steven I hope you enjoy the fruits of this decision you must make, as they seem to only lead to a more fulfilling life.
    Signature

    Help me give my children a better future gofund.me/xge53k8

    {{ DiscussionBoard.errors[3312879].message }}
  • Profile picture of the author WebPen
    I'm still a young fella, but I don't see myself completely retiring... I think I'd get bored!

    Plus, I dont see my wife saying somethin like that :-p She likes her clothes.
    {{ DiscussionBoard.errors[3314405].message }}
  • Profile picture of the author MikeHumphreys
    Originally Posted by Steven Wagenheim View Post

    Some days it's fun (like today, working on a new project) and then there
    are some days when it's a drag (doing the routine stuff)

    I don't want to give it up, but the routine days are wearing me out.

    So what would YOU do if your wife basically said to you that you can pack
    it up and go fishing?

    I've set up a poll so you can answer anonymously if you want.
    I'd keep working or else my wife would find all kinds of new things for the "honey do list" to keep me busy.

    Seriously... I'd suggest scaling back the work load but keep working. Boredom is deadly for the type-A personality self-employed folks.

    Start outsourcing the tasks you don't like doing or aren't good at. Worry less about what a freelancer charges you and more about the quality of their work & their reliability instead.

    If you aren't sure WHO to hire for a specific task like video editing or graphic design or whatever, then call or email one of your business allies and ask THEM for a recommendation on who they use. They won't recommend someone who might make them look bad in your eyes by delivering shoddy work or being unreliable.

    If you haven't read Michael Gerber's book The E-Myth then I highly recommend you read it pronto. It should be required reading for every business owner, especially online marketers. You want to start transforming aspects of your business so that you could choose to go on vacation for a month and it could run on its own without you there.

    Food for thought,

    Mike
    {{ DiscussionBoard.errors[3314417].message }}
    • Profile picture of the author TSDMike
      Hi Steven,

      First off congrats on reaching the pinnacle of passive income!!

      I didn't read through the entire thread, so if this is redundant, I apologize.

      What I would do is unplug. See how much you miss it for a couple months. Go learn something new. Maybe learn to Tango in Brazil (or was it Argentina?) ala Tim Ferriss. Take a trip to New Zealand or some place you've never been but always wanted to.

      Or, do some charity work. Pick a cause and donate some of your hard won free time.

      Then, after that is all been satisfied, embark on a new professional challenge.

      Congrats again

      MJ
      {{ DiscussionBoard.errors[3314457].message }}
  • Profile picture of the author JSProjects
    Take a break, a vacation, whatever. But I'd never fully drop IM. Perhaps I'd just scale it back a bit.
    {{ DiscussionBoard.errors[3314552].message }}
  • Profile picture of the author mysterrio
    I would take a look at how "I" feel about it. Re-structure your business to run on as much auto piolt as you can - outsource some stuff.

    I'd ask my wife what she wants...does she want me to spend more time somewhere or is she worried about my health or just me?

    I know what I do magic shows - if I do not want to do the show - i'll drag me feet. You have to be good with the choice YOU make. Thank about it! Steve, you know I love your products and what you do - but - re-read your post - and ask: Will I be happy with getting out of the business ETC?
    Signature

    The Gurus Have Lied To You: Learn Internet Marketing For FREE. Don't Spend Another Penny Before You Read My FREE REPORT. Go here: http://internetmarketingdude.xyz

    {{ DiscussionBoard.errors[3314577].message }}
    • Profile picture of the author Danny Phantom
      Its like the NBA "I love this game" slogan. I think you addict to it so your like Jordan you leave you come back to it till you realize your not in your prime and decide to play from the sideline. Be the coach or just enjoy being the owner.
      {{ DiscussionBoard.errors[3413645].message }}

Trending Topics