A very good question. I think one of three things will happen:2Birds1Stone wrote: ↑Sat May 12, 2018 7:24 amSo, do you still see yourself giving this up after another 4-6 months and repeating phase 1-2 again?
Seems like this approach will never have you tapping your portfolio, so long as you are able to replenish that "transition fund" you had lived off of before the new year.
1. We have one big customer right now. This is what makes us excited about what we can achieve, and this is also what is funding my salary. If it goes well, and if we can leverage our approach to other customers, I'd be a fool to jump ship in the next 6 months.
2. It's still very possible that things will die down with the current customer, and in that case, the decision will be made for me. Time to start booking some slow travel somewhere. Probably SE Asia since I've never done that, but I want to do another extended trip to Europe.
3. Also possible that things just go okay, in which case, I'm basically just working full-time again. In that case, I think I'd be looking to shake things up. Maybe find something else entrepreneurial. Maybe just another break. I like having something entrepreneurial in the works. I don't think I want to give that up completely. I also find that it's a really satisfying form of socializing. Be friends with the people in part because you are working on some sort of business idea together. I love the group I'm working with and hope I can always be trying some sort of business with them.
Financially, I feel like I have enough to have basic security. Anything in the mid- to low- 300K range is good enough in my book in terms of net worth. I could see myself replenishing my cash account, spending till I'm down to around 300K, then finding some more paid work.