I just returned from a fantastic week at the annual Chautauqua event in Ecuador.

This was my second Chautauqua and just like last year, it exceeded all expectations. 

At this year's event, an attendee named Alan gave an impromptu presentation about why and how you should start a business and since it fit perfectly with the week's other discussions about financial independence and happiness, I knew I had to get him on the podcast.

Since leaving my job in August, I’ve realized how important it is to have something meaningful to work on to fill the void after leaving your career so I think creating your own business is something everyone should consider.

A side business can not only help ease the transition to early retirement, it can reduce the pressure on your portfolio after you quit and it can even help you reach FI sooner so listen to today’s episode to find out the right way to get started!

Highlights:

• Takeaways and surprises from the Chautauqua in Ecuador
• Why you should do work you love
• How NOT to start a business
• Why entrepreneurship doesn’t have to be risky
• How to start a business for free
• The importance of selling your value before you create it
• Why you need to just get started

Want to know how two teachers were able to go from $0 net worth to retired in just 5 years?

On today’s episode of the Financial Independence Podcast, Ali and Joe (a.k.a. Arebelspy) from Adventuring Along join me to talk about how investing in real estate supercharged their progress to early retirement.

We not only dive into how they achieved financial independence in spectacular fashion but we also explore their equally impressive retirement so far. In the past year alone they have hiked the entire El Camino de Santiago, had a baby in Istanbul, Turkey, and published a romance novel!

Highlights:

• Dollar-cost averaging into real estate
• How to purchase real estate in a place you’ve never visited
• Best books for real estate investors
• Grasping the concept of ‘enough’
• Importance of challenging yourself after retirement (both mentally and physically)
• Cost of having a baby in Turkey
• How much money you can save by staying out of the United States