The Business Method
Ep.280 ~ A 7-Figure Location Independent Essentialist ~ Dan Schwartz

Ep.280 ~ A 7-Figure Location Independent Essentialist ~ Dan Schwartz

February 28, 2018

  Dan Schwartz, on Essentialism 

Current Series: 100 Interviews with 100 Location-Independent Entrepreneurs that have over $1,000,000 in Annual Revenue

What is an Essentialist?  It is a buzzword in entrepreneur circles around the world today and the book ‘Essentialism’ by Greg McKeown has been changing the way entrepreneurs tackle business and life. Essentially, an essentialist is a person that prioritizes his or her life focusing mainly on the essential things.  Now, that can vary from person to person, but even Bruce Lee said: “It’s not the daily increase, but the daily decrease, hack away the unessential.”

Today’s guest is a natural and a master at Essentialism. Dan Schwartz has been on the show before, but we invited him back after he posted on Facebook about how he dissects and chooses to live as an essentialist. When I read it, it blew me away and we reached out to him immediately to interview him a second time on the podcast to talk about this post and to dive deeper into the study of Essentialism.

 

“Most of what people do are not revenue generating activities. They are just 100% time-wasting activities that aren’t going to affect their bottom line.” Dan Schwartz

 

Dan’s Essentialism Post from Facebook

I’m an essentialist…I don’t own a car. I don’t watch the news. I don’t have an office. I rarely buy clothes or shop for consumer goods. I only spend money on my health and in fleeting epic life experiences like travel, activities, amazing food, music, and recreation. I don’t have any social apps on my phone, so I only check social media 3-4 times a week on my computer. Most days I have zero plans. I only focus on and execute the most important thing and let my intuition guide my days. My business runs the day-to-day itself and is based on recurring revenue. I don’t have a 401K or fancy financial situation…just checking, savings, and basic investment positions.

I don’t let many people into my personal life (especially negative people) so as to go deeper with existing relationships and let new ones flourish organically. I don’t talk on the phone a lot, on average two important business calls a week. I only respond to texts so as to avoid spam. I don’t check business email as I have an assistant. I use a virtual postbox to receive mail so I can travel and still get important mail.

Day to day I literally just do what I want to do at any given moment, and trust myself enough to only want positive things…

All this comes at a cost. I often feel isolated, disconnected from the world, and blissfully ignorant, which is often perceived as apathy or selfishness. I sometimes feel misunderstood and I often feel a sense of guilt for not doing “more” with the freedom I have…almost an unfulfilled sense of obligation that’s followed me around my whole life, even after big accomplishments. I accept that. I accept myself and these decisions.

Luckily, I don’t really care what people think or how weird all these decisions may seem to the majority, as I’ve surrounded myself with people, like you all, that normalize the concept of “living life on your own terms.” Badass!

Perhaps, it’s an experiment in finding the edges of what freedom means to me, so that I can share these lessons with others who seek to explore what freedom means to them. I believe we are at the apex of human civilization, billions of years in the making. I believe that with technology and increased interconnectedness, we are entering a period where billions of additional people will begin to realize this potential for freedom as well. I am willing to fight for this.

Above all, I fucking love my life. I realize this freedom gives me the capacity to serve the world in a big exciting way. I accept the different seasons of my life. The ebbs and flows. I feel a calm before the storm, something big brewing, and I’m excited for what this upcoming “spring” season of life will help me manifest.

I’m insanely grateful for the lightness, peacefulness, and mental clarity that comes from living free from a lot of the shackles of modern day living. I wish more people chose less over more, the essential few vs. the trivial many, the 80/20 of living an epic life.

We are all blessed to live in the conditions that allow us to shape our lives as we wish. To choose how we want to be, feel, and show up in the world. So fucking blessed.

I’m grateful for you all for reading this and being part of this group. Please share more here if you haven’t yet so we can learn more about you.

Love your life. It makes things a lot easier. <3, -Dan

 

“I don’t really care about taking in more, I just only care about taking in the most important high-leveraged piece of information, and my brain will always find that.” Dan Schwartz

 

03:20: Freedom Shapers Post by Dan Schwartz

07:58: What is an Essentialist?

09:52: The Progression of Becoming an Essentialist

10:33: How an Essentialist Measures His Time and Mobility

15:02: Owning a Car vs. Taking Uber Everywhere

17:17: Running a 7-figure Business with No Office

19:18: Tips to Recognize if You’re Working on Time Wasting Activities

21:06: What it’s Like to Have No Social Apps on Your Phone

22:22: Dan on Not Having a Daily Plan

24:32: Dan on Non-Traditional Investments

25:49: The Criteria of Who Dan Allows Into His Life

29:27: Only Having Two Important Business Calls Per Week

32:49: Feeling Disconnected From the World and Blissfully Ignorant

41:32: An Essentialists on Spirituality

 

Honorable Mentions:

Dan’s 1st Podcast Interview on The Entrepreneur House Podcast

Ep.205 ~ Hitting High Six-Figures in Two Years and Zero Inbox Hacks ~ Dan Schwartz

http://theentrepreneurhouse.com/dan-schwartz

 

Essentialism by Greg McKowen

https://www.amazon.com/gp/product/0804137382/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=chrisreynolds-20&creative=9325&linkCode=as2&creativeASIN=0804137382&linkId=c119fe68b45c5dcacacf2cd2e774287b

 

Freedom Shapers Facebook Group

https://www.facebook.com/groups/2009351092639486/

 

Dan’s Essentialist Facebook Post

https://www.facebook.com/groups/2009351092639486/permalink/2033111696930092/?comment_id=2046961772211751&notif_id=1519153864104306&notif_t=group_comment_follow&ref=notif

 

Virtual Post Mail

https://www.virtualpostmail.com/

 

The 4-Hour Work Week by Tim Ferriss

https://www.amazon.com/gp/product/0307465357/ref=as_li_qf_asin_il_tl?ie=UTF8&tag=chrisreynolds-20&creative=9325&linkCode=as2&creativeASIN=0307465357&linkId=757dba60814bb72e44b2962cba00000d

 

InvestorFuse

https://www.investorfuse.com/

 

Turo App - Rent Better Cars

https://turo.com/

 

Voxer

https://www.voxer.com/

 

Front App

https://frontapp.com/

 

Abundance 360 ~ Peter Diamandis’ Digital Community

https://www.a360.digital/

 

Wim Hof

https://www.youtube.com/watch?v=q6XKcsm3dKs

Contact Info:

dan@investorfuse.com

Ep.279 ~ Waiting Years for His $1,000,000 Tipping Point ~ Rory Stern

Ep.279 ~ Waiting Years for His $1,000,000 Tipping Point ~ Rory Stern

February 6, 2018
 ~ Rory Stern, founder of RFS Digital Media ~

Current Series: 100 Interviews with 100 Location-Independent Entrepreneurs that have over $1,000,000 in Annual Revenue

 Many of us entrepreneurs have years of struggle before we finally hit our tipping points and money starts to flow in easily.  This gestation period is really what stops most people from starting a business and it can be some of the hardest times in a person's life.  Today’s guest is Rory Stern and we talk about the years that Rory struggled, while being a husband and father, to hit his tipping point and then how he handled business, family, and life after this change.

Rory is the founder of RFS Digital Media and in the past eighteen months has experienced an incredible amount of business and revenue growth.  Stay tuned for a fun and exciting episode!

“If you’re a serious business owner and you want to get somewhere, money is not important.” Rory Stern

 

03:01: Who is Rory Stern?

12:05: How Rory Kept Motivated During Years of Struggle

14:46: Does a Doctorates in Psychology Help with Entrepreneurial Skills?

27:33: Rory on His 7-Figure Mentality Shift and How Much His Time is Worth

33:35: The Key to Rory Hitting Rapid Business and Revenue Growth

37:39: Tips on Building a 7-Figure Location Independent Business

“I care less about what people say, and I care more about what people do, don’t do and don’t say.” Rory Stern

Honorable Mentions:

Rich Dad Poor Dad by Robert Kiyosaki

Contact Info:

RFSDigitalMedia.com

http://rfsdigitalmedia.com/

Facebook:

https://www.facebook.com/rorystern

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