042R | Perfect Utilization




ChooseFI Radio Podcast | Financial Independence | Early Retirement | The Tim Ferriss of FIRE show

Summary: In today's Friday Roundup we discuss Episode 42 with JW from The Green Swan, plus various discussions about community and feedback from the audience.<br> <br> In Today’s Podcast we cover:<br> <br> * A discussion of Episode 42 with JW from The Green Swan<br> * Scott Rieckens and his crew from the documentary Playing With FIRE were in Richmond this week filming our podcast, lives and a Richmond FI get together<br> * The importance of community in the Financial Independence world and the volunteers we’ve received to be ‘community leaders’ for Choose FI meetups<br> * How we’re going to setup Slack for the Choose FI community and we need someone to help organize it<br> * The future Choose FI Vault that will be a digital locker for useful files for the community<br> * The decision JW made to buy a business with his brothers and how unconventional that is<br> * How you need to consider all possibilities when going into business with anyone<br> * Brad and Jonathan didn’t have the discussion of all future possibilities and didn’t put together an operating agreement, but are now going to do so thanks to JW’s advice<br> * Feedback from Lucas on the Green Swan episode about not relating to a high dollar value acquisition<br> * A question from Lucas on how this differs from buying an individual stock and if they had an unfair advantage by being CPAs and MBAs<br> * We all have a unique path to FI<br> * You need to see how different investment and business opportunities fit into your life and with your own risk profile<br> * Calculation based on getting a return of 8% versus 16% over a 15-year period<br> * How hustle can be as or more important than any skills or certifications you have<br> * How putting skills from various areas together will help you succeed dramatically in life<br> * Different ways to improve a business from Jonathan if you’re a lifelong learner<br> * Announcement of the next Camp FI in Williamsburg, Virginia in April 2018<br> * “Collect skills not stuff” motto from Jonathan and how he wants to explore a “Maker space” for a community of learners<br> * The sharing possibilities of having pooled resources with neighbors or communities<br> * The new Mr. Money Mustache World Headquarters for people with the FI and entrepreneurial mindset<br> * Buy Nothing Project and how it relates to “the alley will provide”<br> * Travel Rewards update on changes to card opening options<br> * Itunes reviews of the week<br> <br> Links from the show:<br> <br> * <a href="http://www.thegreenswan.org/" target="_blank" rel="noopener">The Green Swan</a><br> * <a href="https://www.playingwithfire.co/" target="_blank" rel="noopener">Playing With FIRE</a><br> * <a href="https://slack.com/" target="_blank" rel="noopener">Slack</a><br> * <a href="http://www.choosefi.com/vault" target="_blank" rel="noopener">ChooseFI Vault</a><br> * <a href="http://www.choosefi.com/campfi" target="_blank" rel="noopener">Camp FI mid-Atlantic in Williamsburg, VA from April 13-April 16 2018</a><br> * <a href="http://www.mrmoneymustache.com/" target="_blank" rel="noopener">Mr. Money Mustache</a><br> * <a href="https://buynothingproject.org/" target="_blank" rel="noopener">Buy Nothing Project</a><br>