(*information obtained from the book “A More Beautiful Question”)
What is a Deferred-Life Plan?
A deferred-life plan is when ambitious young entrepreneurs devote themselves entirely to making money in the present, so that at some later point they’ll have the means to pursue what really matters to them once they take the time to figure out what that is. The same attitude can be found anywhere people are focused on building financial security so they can be in a comfortable position when they get around to asking what they really want to do with their lives.
- What are your thoughts on this?
- Would you implement this into your life?
I have thought about this idea in the past. I was thinking about how I was going to make money right out of college; stack, save and invest so I can then eventually have the money to invest into doing what I love to do full-time. However, I didn’t go that route. I started that route but in my heart I felt that I was suppose to go down a different path. I left my $40,000/year career and went to work in a food restaurant which helped me learn so much about food. Also, I went to work as a personal trainer for apartment gyms while becoming a boxing coach for Title Boxing. Even though I didn’t make as much; this positions taught me so much, I met some amazing people and built some wonderful connections. I wouldn’t change it for anything.
Despite, not actually doing a 9-5, I am still implementing this method while creating my dream career. I am working a job and being a entrepreneur at the same time.