Read Next

Mark This Down and Watch Me

Edit: I gave up on financial goals in late 2011 after some huge financial and artistic wins... money shouldn't be taken too seriously. For the record, they were all basically on track, some were being massively exceeded, others were a bit behind schedule, but were all happening.

I set my next 10 years of financial goals on June 28th. That was exactly a month ago.

1 year - Critical Thinking [my first book] out. Blog income trickling. Some info products. Some freelancing. Something else, some X-Factor thing bringing in cash. Net monthly income positive. Health insurance. $50,000 in the bank. Expenses = income per month minimum.

3 years - 3 to 5 books out, many products out, blog income robust, some working on big exciting deals. $10,000 per month total, $5000 passive at least. First property owned. $300,000 in the bank.

5 years - 7-10 books out, many many products out, many passive income internet properties, working on big exciting things, $50,000 per month total, $40,000 passive at least. $1,000,000 in the bank.

Burn the Ships?

On The 4 Hour Struggle

Hey Eddy,

This also happened with Cortes and the Spanish conquest of the Aztecs..

I think there are certain things to consider. After a lot of back and forth, I believe it is better to view your situation in specific as opposed to abstract terms. I don't think there is a right or wrong answer per se.

I will consider "ships" as backup plans/side projects/additional revenue streams. Here is what you need to think about:

1. Financial situation: 

Rendering New Theme...