Chapter
Scaling a Business in a Traditional Way vs. Embracing Geographic Mobility
42:57 - 1:04:02 (21:05)
Two entrepreneurs, Orman Ansari and Jason Gay-Gnard, share their stories of embracing geographic mobility and keeping their businesses small, respectively, rather than succumbing to pressures of traditional, large-scale business growth. They both found ways to live their ideal lifestyles while still growing their businesses, whether it be through hiring contractors or intentionally keeping the business small.
Clips
Applying principles from "The 4-Hour Work Week," Joe Varady was able to delegate responsibilities and establish effective communication with employees working remotely.
42:57 - 50:01 (07:04)
Summary
Applying principles from "The 4-Hour Work Week," Joe Varady was able to delegate responsibilities and establish effective communication with employees working remotely. He grew his martial arts company, Science of Skill, from a six-figure to seven-figure revenue and eventually sold it for over $1 million.
ChapterScaling a Business in a Traditional Way vs. Embracing Geographic Mobility
Episode#318: One-Person Businesses That Make $1M+ Per Year
PodcastThe Tim Ferriss Show
The advent of broadband and Wi-Fi has made it possible to work from anywhere in the world.
50:01 - 53:48 (03:47)
Summary
The advent of broadband and Wi-Fi has made it possible to work from anywhere in the world. Entrepreneurs who want to build location-independent businesses need to put systems in place, such as decision-making frameworks and Google Docs that explain how to perform certain functions.
ChapterScaling a Business in a Traditional Way vs. Embracing Geographic Mobility
Episode#318: One-Person Businesses That Make $1M+ Per Year
PodcastThe Tim Ferriss Show
Co-founders of Examine.com and Mastermind Talks both reevaluated their businesses to prioritize their lifestyle goals.
53:48 - 1:04:02 (10:14)
Summary
Co-founders of Examine.com and Mastermind Talks both reevaluated their businesses to prioritize their lifestyle goals. They started as entrepreneurial solopreneurs and after exposure to The 4 Hour Work Week by Tim Ferriss, they determined that they wanted freedom in their careers and were conscious in designing their businesses to meet those needs.