An entrepreneur who sold his company for $10–15 million explains how the exit shifted his focus from money to freedom. He describes how most people spend their early years converting time to income, then later try to buy time back with wealth. The key is quantifying your time and cutting activities that don't justify its cost.
Chapters
Let's talk about money stuff. You had another company before this. How much did you sell that for? $10 or $15 million, in that range, based on how you count it. Has your life changed since that moment significantly? Yeah. Here's the thing. At the time when I was younger, I was very, very focused on money and I had a very kind of modest upbringing. And I was like, okay, well, it wasn't like the money and the accumulation of it. It was the freedom and having to kind of work in a normal kind of classic job that you don't have a lot of degrees of freedom. And like the first, I'll say $5 million or so had a dramatic impact on my life, right? Because that buys you an inordinate amount of freedom, right? You don't have to work again and you can do more things. One less The lesson I learned, relationship between time and money. One thing is that we spend the better part of kind of the first half of our lives converting time into money, and then the latter half of your life desperately trying to buy time back with money however best you can. The short message is most people don't value their time enough and don't think about it objectively enough. And it, like anything else, is a resource, but it's finite. Put a number on it and then ask yourself, like, what are the things I'm doing with my time that are not worth that?
