How to Align With Your Spouse & Build a Business that Creates Freedom in Your Life
Here's an interview I did with 2 friends who are a husband and wife team building businesses.
If you've ever run into difficulty explaining your Entrepreneurial ideas to your spouse...
OR you've ever struggled to understand your Entrepreneurial partner...
This interview will help you tremendously. I hope you enjoy it.
All my best,
Husband & Wife Super Team
Tom & Ariana help entrepreneurs build their businesses to create more impact with their customers and more freedom in their lives.
Simple Goal - Afford to Retire at 35
When they graduated from college, Tom set a goal to "retire" by 35, and the last several years they have spent figuring out how to do that, and now helping others to create time and financial freedom in their lives.
Who are the people you spend the most time with outside of work? Are they happy, are they fulfilled, and are they fun to be around?
And who are the people you spend the most time with in your career, whether it be in your work as an entrepreneur, as a freelance, an employee, or anything else? Do you enjoy working with them?
I ask these questions because there's this idea that we are highly influenced by, and often end up being similar to, the five people we spend the most time with. It kind of goes back to that saying “birds of a feather flock together.”
In my experience, there can be differences among different groups of people you know too: the people that you hang out with in your life outside of work might be a very different group than the people you hang out with inside work. And that can still be a positive thing!
Have you ever known something to be true, but then you haven’t acted in a way that aligns with that thinking?
Maybe you know deep down that something is true, but you really haven't gotten it in your heart or really put it into play?
Today I want to talk about something that you probably already understand on a certain level, but it's something that took me a long time to implement in my life and admittedly I'm still implementing it today and learning how to do it better.
It's a very basic concept and the concept is that bigger wealth comes from managing smaller wealth well.
There’s More to Wealth Than Money
As we’ve discussed on the blog and the podcast before, there are many dimensions to wealth. There might be wealth of relationships, wealth of experience, wealth of knowledge… Of course, there’s also wealth of money, which is most people usually...
What are you willing to give up in order to work a 4-Day Work Week?
That might sound like an odd question, but what you're going to find if you haven't already is that in order to get to a higher level of income, a higher level of freedom, a higher level of results, there will be some things you need to give up.
Now, depending on your particular industry, there might be more than the things I'm going to talk about here. But there are 3 things you will definitely need to give up, whatever your career.
Firstly, you're going to have to stop avoiding the most important work.
There’s a luxury that we have if we work let's say a 40-hour work week, and especially if we're an employee for somebody else. Somebody else might say, “You need to get these things done.”
And we can keep putting them off, and we can get to them when we get to them. We...
When you're outside of work and you're no longer earning money, getting ready for work or going back and forth to work, are you enjoying your life? Are you happy?
I ask that question not to stir things up, but to help you take a look at something that might or might not be limiting your desire, your ability or your motivation to create a 4-Day Work Week lifestyle.
Happy People = Fulfilled People = Productive People
One of the things I've learned over the years, while getting my master's degree in mental health counseling psychology and working with thousands of entrepreneurs, situations, team members, and employees, is that very often you'll find that people who are content with their life outside of work come into work, they focus, they get stuff done and they go home.
For them, going home, or whatever else they have going on outside of work, is a pleasant thing. They have this ...
Have you ever wondered what it feels like to work a 4-Day Work Week?
A lot of people wonder this, but they often have a certain picture in their heads of what it will be like, which may or may not be accurate.
I’m going to help you feel what it’s really like to work a 4-Day Work Week, so that you can see whether it’s something you want to create, and, if it is, find a way to move in that direction.
Let me ask you a different question: Have you ever had a 4-Day Work Week? More specifically, have you ever had a Friday off, because a Monday off is a slightly different dynamic.
Have you ever had a week where you know that Friday will be off, maybe for a holiday or something, and you know that you need to get more done than usual? Based on your normal schedule, you’ve had to get 5 days worth of work done in 4 days.
Let me describe a situation that I think will be familiar to most entrepreneurs who are actively growing their businesses.
Right now, you're working with clients who are at a certain level of business ability. But once upon a time, you were working with people at a lower level and at a lower price point. From that point, you grew and you expanded your horizons to bigger opportunities, and you moved on from your first clients.
Now, meanwhile, there's another group of people who don't want to do business with you yet, because you're not at the level that they want to be served at. But as you continue to evolve, you might reach a point where they do want to do business with you. These things tend to flow naturally.
How Can You Serve People at All Levels?
I encourage you to consider, as you evolve, that you might actually still...
If you had a magic wand that let you could schedule when and how you got your own raises, what would you do with that?
Imagine if you could schedule increases to your income on a regular basis. What if I told you this is possible, and all you have to do is get a little more focused and maybe be a little better at what you do?
Scheduling Your Raises as an Entrepreneur
A hugely important thing that all entrepreneurs think about is how to make enough income. For most of us, we have some work that's steadier work but maybe not as well paid, and we have other work that’s not as steady or reliable, but that might be a bigger opportunity in terms of income.
If you do the math using hourly income, there might be some projects where we can make our base rate of x, whatever x is: $10 an hour, $25 an hour, $100 an hour. Then we have some 2x work, and we might have some 4x work.
Who needs more of your time, more of your energy, and more of your attention?
Is it your partner? Does that person need more of your love, more of your ability to connect with them, and more of your presence?
Is it your children? Do they need you to be more present when they come home from school, so you can listen to them, and hear what's actually going on in their day? When kids come home from school, there's a 15 to 30 minute window where they'll actually tell you what's going on, and then after that, if you ask them, they'll just say, "Oh I'm fine, everything's good." Not because they've shut down, just because they've moved on to something else.
Is it maybe a friend who could use your help? A friend who just needs a little support? Who could use your encouragement and your ear, to be able to listen to them, and to hear what's going on with them?
Are you going to let me make you angry if it will help you save some money?
I want you to think about something: How much money is your credit card or your loan interest debt costing you every month? I’m not just talking about the financial cost, which you might be aware of, but also the time cost… What is that debt costing you in terms of hours?
Credit Card Debt is Eating Your Free Time!
The banking industry is an industry that makes its profit from arbitrage: Lending one person money for a certain amount and making a higher percentage on that than what they pay out to somebody who saves. For example, they might charge someone who borrows money 5%, but they only pay out 2% to someone who saves, and then that 3% difference is where they make a profit.
Then there are credit cards. If you look at just about any bank, they market their credit cards a little like candy or even drugs. If you...