Discussing the delicate balance between business and family life.

30 Nov 2023 · 1 min

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A November 30, 2023 YouTube monologue by Mark Evans DM about tensions between running a business and maintaining family relationships. The speaker warns that business can become like a "mistress," leading people to neglect spouse and children even while pursuing better financial outcomes. He contrasts being content with modest business income ("50 grand a month") versus aiming for much larger scale ("5 million a month") and emphasizes the importance of liquidity, citing "what's your liquidity? 800,000" as a specific vulnerability marker.

Questions this video answers

November 30, 2023

$50,000 per month

$5,000,000 per month

$800,000

Chapters

Well, I've talked about this a lot of times. Our business is our mistress. In all seriousness, if you don't have a good relationship with your spouse and your business, and you guys are talking about this as a collective, one's going to feel cheated on the other. It's kind of a weird thing, but it is the truth. Your business could ultimately become your mistress. And you're sitting there cheating on your wife, cheating on your kids, not paying attention to them. You're doing this because you want to be better for your family. That's what's even crazier about it. But you fall in love with everything that you're doing. What I hate is most people are in love with an ugly, disgusting mistress making 50 grand a month, but not making 5 million a month. Money is not all created equal either, because think somebody like, yeah, I'm good. I'm like, well, what's your liquidity? 800,000. I'm like, dude, you are far from good. If you don't have, like, millions of liquidity or could have access to it very quickly, you're in trouble. You're literally one problem away from massive trouble.