I keep finding myself going “back to my roots” with my business challenge. The websites are going quickly, but the reality is that unless something hits big, I’m not sure I can make a million dollars in 2 years or less. I do believe that I can put together a mostly passive income stream in the high 6 figures in that time and that it will grow over time.
So, how do I meet this challenge? I keep looking back at what has been successful for me in the past, and what I hear my clients asking for. So, right now I’m kicking around a couple of projects: (1) an exclusive masterminding event and (2) a way to work with personal CPA clients.
The last time I did both - had an exclusive masterminding event and ran a CPA firm - my family was just Richard and I. Now we have David and for awhile I think we have Michael as well, a teenage boy who is likely going to stay with us until he finishes high school (2 more years). So, with a family that includes children, how do I go back to a service based business? My old model meant a lot of working hours. I simply don’t want to take that time away from the boys, so how do I do that? It looks like that will be my biggest question over the next few months, if I go ahead with this plan.










May 14th, 2008 at 4:49 am
>The websites are going quickly, but the reality is that unless something hits big, I’m not sure I can make a million dollars in 2 years or less. I do believe that I can put together a mostly passive income stream in the high 6 figures in that time and that it will grow over time.<
I read a comment on another blog yesterday that keys into this.
The author said it took her 3 years to become a geologist, what made her think she could be marketing profitably online in 4 months. With that insight, she then took the pressure off herself by vowing that Year 1 was for learning the business.
In a sense that’s logical to do that. The devil’s advocate view, however, might argue that keeping the pressure on oneself and on the business is a good thing.
The question is what’s realistic. In this cyber-business, that’s a difficult question to answer.