Financial Freedom and the Dot Com Lifestyle

Sally and I have enjoyed the freedom to live in different countries over the past few years. Some people, like the Internet blogging guru John Chow, call it “The Dot Com Lifestyle”. This is thanks to my Internet business and Sally’s freelance work for a major client. Wherever we land we can just hook up to the Internet and voila keep the money rolling in.

Actually, up until now Sally has had to keep working to earn money. Even though she doesn’t have an employer she still works for money by selling her time and personal services. On the other hand, my income isn’t as dependent on my time, I could work 2 hours per week or less and keep it going, thanks to the Internet and my online team. It’s kind of like Tim Ferriss’s book, “The 4 Hour Work Week”, but truth be told, I wouldn’t know what to do with the other 36 hours so I spend them working to grow my business.

The great news is that Sally is planning on quitting her client at the end of this year. Now she will be as free as I am as she won’t be tied down to completing hours of work and deadlines. She is going to spend her time working on assets and building her own income from them.

In the meantime money will be a little tighter, but when I look back at the period where I started generating my asset income (I was flat broke) I look back with nostalgia so I doesn’t bother me at all to tighten the belt while Sally gets her assets going. Temporarily it will be less money but in the long run it will be well worth it, just as it was well worth it for me to devote my time building instead of working for someone else.

Even when Sally was just working part time for her major client she didn’t have enough time and energy left over to focus on her own projects. I am really happy she’s taking this step forward,  a bit into the ‘unknown’, I know it wasn’t easy for her to make that decision.

Most people are not capable of making that decision. They grasp to the false security of their job and assured income. I have to admit it must be scary to quit something that pays you well, especially in current times. As far as I’m concerned, there’s no better time to become an entrepreneur!