Work/life balance

7,114 Views | 43 Replies | Last: 1 yr ago by bagger05
Definitely Not A Cop
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AG
I appreciate all the input you and others have provided.

I had a coworker at my previous employer who really opened my eyes about sales. Basically, it doesn't matter if you work 20 hours , 40 hours, or 80 hours a week. If you are competent, people are going to be upset that you don't have the bandwidth to get back to them on their schedule. That's the job. You can't control that. The only thing you can control is how you allow yourself to feel about it. If you choose to take it personally as a failure that they are upset, then you will start heading down the road of burnout, frustration, and being generally miserable at your job. Work as much as you need to in order to reach your personal and companies financial goals, and then don't allow outside influence to affect your views on your job performance.

I'll admit, it's something that is hard to do. Like others have said above, some jobs just give you that pit in your stomach or chest. But recognizing when it is happening, and then finding a way to relieve that tension (for me it's excercise), is the only way to succeed in the long term.
jja79
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AG
If you don't mind sharing what career allowed you this?
JDCAG (NOT Colin)
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AG
jja79 said:

If you don't mind sharing what career allowed you this?


I believe Medaggie is a doctor, but I could be wrong (or perhaps you wanted more specifics)
Diggity
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AG
more specifically, he's a rich doctor
GIF Reactor
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AG
The Silverback said:

This is tough.....At times I tell myself quit being a ***** and go bust your ass. But then other times I feel worn the F out with stress and nothing is ever seems to be enough. I own a small business so I can theoretically do what ever I want but the constant stress of growing and attentiveness to customers can be overwhelming. I am 44 so feel like I should keep griding for another 6 years and then start to look at an exit strategy. I never miss anything kid wise but its more the grind/stress that is tough to maintain.
Same boat here. I'm hoping to make it to 50, but realistically need to make it to 60 or so to get the kids through college. I pray I can make it.
jja79
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AG
I figured that so his experience is probably different than most of us would have.
aggiepaintrain
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AG
I dont know any blue collar types with $2-3m at 65
Medaggie
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I don't mind. I am a doctor who worked for "the man" the first 15 yrs. Saved alittle, kids, big house, had prob 1M in net worth around 43. Looking back, quite pathetic as my specialty typically pull in 400K+/yr. Typical for docs, most of my colleagues are financially illiterate. I wish I stopped working for the man 10 years earlier.

Finally decided to stop working for others while making them rich and a group of us opened up our own practice which morphed into more practices. Now these practices essentially run themselves, and I slowly went from 8 dys to 6 dys and some months now work 3-4 dys a month. I probably spend 10 hrs/month "running" the practice. About 75% of my income comes from the business side.

I also invested heavily in RE before Covid and have property managers that run it. I probably spend 2-5 hrs a month doing this. I probably have 2M in RE debt and once paid off, should cash flow about 300K/yr. I always tell my wife that I want to be RE debt free but some other deal always comes up like the 500K renovation project I bought 2 yrs ago and just bought another 1M property. I really enjoy RE and there always are some unique deal that comes up.

Last summer, I got my FINA licenses to fund 506b projects. I probably spend 2-3 hrs a month doing this. End of last year made 30K funding two projects. This year prob will make 100K spending the same 2 hrs/month. I can see myself making 200K+/yr with similar time commitments. Finances and RE have become hobbies.

To say I have been fortunate is an understatement and very humbling. Friends/family now come to me for advice which was once inconceivable. I am not formally MBA trained to open/run medical practices. Never formally trained in RE or investment funding. i just enjoy doing all 3 and got good at it.

Now I spend most of my time taking my kids around the state/country for their travel teams which is a blast. We are going out of state 3 times in the next month. My Daughter may have the opportunity to train in Spain over the summer and the whole family will probably go for 6-8 wks. I just picked up golf and go to the range once a week.

There are so much opportunities in America. Find something you love. Be a good/moral person. Work hard. Opportunities will find you. I have turned down many really good business opportunities lately because if it takes anymore than 5hrs/month then its a no go. Time is the only thing I have no control over and it continues to get smaller.
bagger05
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AG
American dream. Well done and thanks for sharing.
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