Financial Independence Coaching
We are all in a Game of Money - Yet, most of us were never taught how to be great players, despite how profoundly it can impact our lives.
​
​​​​​​​I will teach you best strategies & practices and help you take the right steps in the right order, so that you can begin the journey toward financial independence, with clarity and confidence.
Individuals - Couples - Professionals
THE DUMBEST (awesome) BUSINESS MISTAKE…..
A few years back I was getting ready to invest in a part time business….
Semi-retirement kinda thing.
Being a former commercial pilot, I thought...Hey – why not buy an open cockpit Light Sport aircraft and take tourist up flying…
So I Invested A LOT – and got the coolest flying machine – a Honda Goldwing of the skies...
But here is what I did not adequately consider:
- The hot weather in the desert.
- The breadth of insurance.
- The availability of maintenance for a highly custom build machine.
Despite, the phone began to ring. First couple of flights, things seemed promising.
…Until a letter came, canceling all insurance. Five weeks notice.
Turning out there was only one carrier in the U.S, and they said no more, too small a segment, not worth our time.
I had to close, I lost money.
…But the truth is
â›” I didn’t do my research
â›” Too many days I couldn’t fly safely. (heat, thermals, gust)
â›” No great options for maintenance.
Yet, I didn’t lose my shirt. Only my pride.
Because I had walked my talk.
- Nothing was financed
- I had calculated a worst-case financial scenario.
- I could afford the worst-case scenario.
So, when I sold the aircraft for a loss, a nice check came in regardless.
Here is the thing….
- You will make mistakes and get things wrong.
- Your biases, dreams and wishes will get the better of you.
- We are not perfect rational beings.
(...and midlife crisis is a real thing 😨)
✅ Finance as little as you can
✅ Calculate the dollar amount of the worst-case scenario.
✅ Make sure you can accept and afford that worst-case scenario.
✅ Research and consult industry experts.
Do I regret it – NO.
You gotta dare – swing the bat with all your might.
Failure and mistakes are par for the course.
💥 I followed a dream – Lost - but it was awesome 💥
​