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	<title>The Investor Insights &#187; Lifestyle Design</title>
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	<description>Real Estate Investing in the Real World</description>
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		<title>Lifestyle Design</title>
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		<pubDate>Tue, 16 Feb 2010 21:20:58 +0000</pubDate>
		<dc:creator>lassiter</dc:creator>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[The Business]]></category>
		<category><![CDATA[The Lifestyle]]></category>
		<category><![CDATA[lifestyle design]]></category>

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		<description><![CDATA[I just read a great article about a concept called lifestyle design.  As it turns out, I have carefully designed my lifestyle without even realizing it. Here’s how… “Start with the lifestyle not with the business, otherwise the business will take your lifestyle.” &#8212; Tony Robbins Back in 1998, I was an executive with the [...]]]></description>
			<content:encoded><![CDATA[<p>I just read a great article about a concept called <em><strong>lifestyle design</strong></em>.  As it turns out, I have carefully designed my lifestyle without even realizing it.</p>
<p>Here’s how…</p>
<blockquote><p><strong><em>“Start with the lifestyle not with the business, otherwise the business will take your lifestyle.”</em> &#8212; Tony Robbins</strong></p></blockquote>
<p>Back in 1998, I was an executive with the Hertz Corporation. I lived in Manhattan and worked at the headquarters in Park Ridge, New Jersey.  I had been with Hertz for 11 years working my way up the corporate ladder and actually made it.</p>
<p>Unfortunately, the view at the top wasn’t all I’d hoped it would be.</p>
<p>Here’s why it stunk:<br />
1) I had to move to a city that was fun but far away from my family and friends in Colorado.<br />
2) I traveled extensively. Three weeks a month I was on a plane on a Sunday afternoon headed to a different city where I’d stay until Friday night.<br />
3) The corporate culture at Hertz was so stuffy that we were required to wear a jacket if we ventured outside of our office.<br />
4) The corporate politics made the real politicians look like amateurs.</p>
<p>In a nutshell, I hated it.</p>
<p>My Uncle Bill (my mentor and honorary Father) told me that I would never get rich working for someone else, so I made the decision to leave Hertz and venture out on my own entrepreneurial path.  I’ve owned and operated several business since then and even ventured back into a “JOB” when I needed to solve the mortgage financing mystery, but I’m happiest and most fulfilled when I’m working for myself.</p>
<p>In fact, I have some principles by which I live my life.</p>
<p>My personal mission statement is <em><strong>“Have fun. Be free. Create value.”</strong></em> And it’s in that particular order on purpose.</p>
<div id="attachment_1744" class="wp-caption alignright" style="width: 310px"><a href="http://theinvestorinsights.com/wp-content/uploads/2010/02/susan+olean.jpg"><img class="size-medium wp-image-1744" title="susan+olean" src="http://theinvestorinsights.com/wp-content/uploads/2010/02/susan+olean-300x166.jpg" alt="" width="300" height="166" /></a><p class="wp-caption-text">Having Fun in Cabo.</p></div>
<p>I even drew up my vision of the ultimate lifestyle.  Some might call it my “lifestyle design.” And here it is:</p>
<p><strong>1) “What Do I Want to Do Today?”</strong><br />
I want to do what I want to do. Not what someone else wants me to do.</p>
<p><strong>2) Passive Income Pays the Bills</strong><br />
As an entrepreneur, I don’t want to have to worry where the money’s coming from to cover my living expenses.  So, I set up passive revenue streams from real estate investments and other businesses that exceed my annual cost of living.  I have a nice car, toys, take luxurious vacations but I don’t get caught up in an excessive materialistic lifestyle.</p>
<p><strong>3) Have Fun</strong></p>
<p><strong> </strong></p>
<p>I can’t get motivated unless I’m having fun.  In work and in play.  So, I only work on projects that are fun.  In fact, I closed my mortgage company in 2008 because it wasn’t fun anymore.  It was a very lucrative, successful business that supported many people.  When I announced I was closing the business, my loan officers and clients were stunned.  No one could believe that I walked away just because “I wasn’t having fun anymore.”  I was able to because of #2 above.</p>
<p><strong>4) Hang Out Only With Positive, Happy People</strong><br />
This was a tough one.  When I closed my mortgage company, I also took stock of the people that were in my inner circle of friends and family.  I made a list of all the negative people that were an emotional drain and created unnecessary drama and chaos in my life.  I systematically “broke up” with each and every one of them.  A lot of people thought this was harsh, especially my Mom, when one of the people I broke up with was my sister.  But my life is drama free and much better for having eliminated the negativity.</p>
<p><strong>5) Have No Time Obligations</strong><br />
I threw away my alarm clock. I don’t even have one anymore.  I wake up when I wake up, eat breakfast and get to the office when I get there.  If I have a deadline or scheduled obligation it’s for something I want to do not for something I have to do.  There’s a big difference.</p>
<p><strong>6) Wear Whatever You Want</strong><br />
I like being comfortable.  I wear jeans in the winter and shorts and flip flops in the summer.  <span style="text-decoration: underline;">Everywhere.</span> When I had my mortgage company, one of my loan officers was upset that I wore flip flops to meet with a potential equity investor.  He thought it was unprofessional.  I think that if someone is offended that I wear flip flops then I don’t want to do business with them.</p>
<p><strong>7) Work from Anywhere</strong><br />
I like to travel.  And I like hanging out at the beach for several weeks during the summer.  Every business I’m involved in can be run virtually from anywhere in the world.</p>
<h2><em>So, what about you?</em></h2>
<p>Have you designed your lifestyle or has someone else?</p>
<p>If it’s someone else, what are you going to do about it?  <span style="text-decoration: underline;"><strong>Start now.</strong></span></p>
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