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by jsackmann
5662 days ago
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It would seem that there's almost always more to the story, and his overall message ("you, too, can have financial freedom all by yourself...now go have fun") might be stronger if he acknowledged that, yes, it's hard to build a company to that point. What I think is valuable is the constant reminder that the business/income-building is a means to an end, and there's a wide world of choices out there for what the "end" is. |
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I think the lesson of the story is that there are so many people and competitors now that running a business/muse as a means to an end is impossible unless you lower your expectations as to what an end is.
You must either lower your expectation by living in 3rd world countries as Ferris suggests, or work 7-days a week like Tim Ferris did on his herbal supplement company. Or be plain lucky and find a niche that no one has found out like the ones shown here. Most niche ideas fail.