Here’s an insightful story from the internet I would like to share with you:
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A successful businessman took a vacation to a small coastal Mexican village on doctor’s orders. As he was taking a walk along the pier, he sees a small boat full of several large fish. The businessman complimented the fisherman and asked him: “How long did it take you to catch them?”
“Only a little while,” the fisherman replied.
“Why don’t you stay out longer and catch more fish?”
“I have enough to support my family and give a few to friends,” the fisherman said as he unloaded them into a basket.
The businessman then asked, “But what do you do with the rest of your time?”
The fisherman replied, “I sleep late, fish a little, play with my children, take a siesta with my wife, stroll into the village each evening where I sip wine and play guitar with my amigos. I have a full and busy life, senor.”
The businessman scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds buy a bigger boat and with the proceeds from the bigger boat you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would increase your profits and sell directly to the processor, eventually opening your own cannery. You would control the product, processing and distribution. You would need to leave this tiny coastal fishing village and move to Mexico City, then to LA and eventually NYC where you will run your expanding enterprise.”
The fisherman asked, “But senor, how long will this all take?”
The businessman replied, “15-20 years.”
“But what then, senor?”
The businessman laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions.”
“Millions, senor? Then what?”
The businessman said, “Then you would retire. Move to a tiny coastal fishing village where you could sleep late, fish a little, play with your kids, take a siesta with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”
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The moral of the story is to know how to balance your time between your loved ones and your journey to bigger and better things.
Wealth is not about the money, it’s about what you can do with it.