Last night we had some amazing friends over who are building this amazing business with us and we asked them to share what their dreams and goals were and why really they are building this business. It was pretty inspiring and you really don’t fully understand your friends or people for that matter until they open their heart and share the dreams and goals they have for life and where they want to end up.
We also had the chance to share with them because they had asked us and when I watch my amazing wife share what she wants in life it’s pretty amazing. She really opens up her heart and ends up getting teary because she wants it so bad. That’s what it takes, you really need to want something bad enough that it hurts in order for it to come to fruition.
It really got me thinking again about our goals and what we want in life and I figured I’d put those things down again. I always love writing them out because it really gets me thinking and honestly just shows you the kinds of things that will be available in what we are doing. We know this because we’ve seen it first hand in our coaches and also their coaches and beyond.
This year we will have Lindsay retire from her job and never have to work for another man again. She will no longer have to work for someone that tells her when she has to be in to start her day, no longer tells her when she can have lunch and really no longer has control over her paycheque. Of course she will still work but it will be working on our future through our business. So maybe it’s semi-retired.
Either way she will now be home to raise our kids when we have them and won’t need to drop them off at a dayhome or daycare. WE will be raising our kids and instilling our values into them, not someone else. That is goal number one for us right now and why we are spending a lot of time building our business.
We also want to become debt free as some of my previous posts have shown and we will achieve that this year. We are making some tough choices and really streamlining our life so that we can get the most out of it for the short term. There will be some sacrifices however having a shot term mentality doesn’t work for us because we have HUGE long term goals and the old adage small term pain for long term gain really applies. I know some people reading this know that for sure.
Moving on with our life we want to move out to Kelowna where we may end up renting for another year or two while we have our house built and paid for in cash. Renting isn’t necessarily a bad thing as we will end up saving far more then what equity would be build up in our house and with how much we’d be paying down in our mortgage. We will end up raising our kids out in Kelowna and either put them in private school or have them home schooled with a personal teacher. Our kids will get first hand teaching instead of being in a school full of 30-40 kids where it takes 10 times longer to teach kids because the class can only go as fast as the slowest kid. By this time I will have also walked away from my job and will be at home raising my kids as well. Being able to take them out in the afternoon and go hiking or skiing for their physical education instead of a 60 minute class at school. How cool is that?
Lastly family is key for us and we want to be able to spend a lot of time with our family so as we continue to grown our business we will help to retire our parents before they need to. When you really look at what it would take to retire them you start to get a sense of, we can do that. They don’t need to work or be on the “Work till you die program”. We want our parents to enjoy as much time with our kids and our family as possible. No longer will their be handcuffed to their jobs so they cannot see their grandchildren grow up.
These are just some short term goals that we have in the next little while and as we continue to grow this business where the work we did a year ago is still paying us today, we will continue to help other people do the same as us and help them realize they too can achieve dreams and goals like this or whatever their dreams and goals are. We fully believe this is possible and we will make it happen.
Obviously we have much more dreams and goals then this, but this is just the start for The Guthrie’s and we could not be more excited to be doing what we are doing. We have been blessed for sure!
Retiring your wife and buying a home in cash are awesome accompishments! I wish you well!
I see where it may have been misleading about the 2 years. What I meant to say and how it came out of my head was that when we do move out to Kelowna we would probably rent for a few years and then buy our house in cash. Now I’m not saying we are moving out to Kelowna anytime soon.
I think if we continue on the path we are now, we’d move out to Kelowna in 3 years and then as our business grows we can upgrade what we are renting out there in Kelowna and for another few years continue to save and make money, THEN buy a house in cash.
Sorry for the confusion.
Hi Shaun, and congratulations on your success!
I have a couple of questions though. Are you able to semi retire your wife and buy a home in cash in 2 years due to the income you are making from your business? That sounds quite impressive. Just a thought though, a mortgage is not a bad things as you can leverage your money and pay quite a small percetage of interest while receiving a tax deduction. Wish you the best!
Hey Steve,
To answer your questions, yes this year we will be able to semi-retire my wife from her job with the money coming in from this business. If we decide to live below our means then we could have her home quicker. Really the ball is in our court on when we decide to have her home depending on how hard we build the business but it will be this year and I’ll be sure to have a great post about it. If things go the way they are now, it should be summer time.
Buying a home in cash will NOT happen in two years and I’ve never led onto that and if I did somewhere then I apologize. Let me be clear though we will be able to buy a home in cash at some point, my guess will be 5 years or less. By that time I’ll also be semi-retired and won’t be working for “the man”
It really all depends on how hard you want to build the business. Sure people say 8-15 hours (somewhere in there) part time, but I think we are probably putting in more because we CHOOSE to. We want to achieve the goals and dreams we have set out quicker so we choose to build this harder. That’s the beauty of owning your own business is you get to decide how you want to build it.