by: Don G / @lbdStreetFashion
An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.
The Mexican replied, “only a little while. The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?”
The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.” The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. 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 sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”
The Mexican fisherman asked, “But, how long will this all take?”
To which the American replied, “15 – 20 years.”
“But what then?” Asked the Mexican.
The American 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 – then what?”
The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”
This is a great story to think about as you plan your life. What would your choice be?
My thoughts are to become a hybrid of the two. I choose to have a simpler life while putting money in the bank and having insurance for myself and my family. I also choose a simpler entrepreneurial path based upon the things I’ve always dreamed about, always loved to do, and type of life I want to live. I choose to live my life on my terms. In no way does that mean kill myself to reach my goals. I prefer a measured pace allowing the freedom to master higher levels of understanding as I face new challenges.
I strive each day to balance my life in such a way that I become a billionaire and a fisherman – but I require no lifestyle guru or financial wizards selling me a gimic to learn. I choose to seek out the mentors who truly add value and benefit from my help as well and learn skills only when I need them in a practical sense. You can do the same if you make that choice.