044 - Brandon Pearce Into the Wind

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Transcript

Time Speaker Text Tags
0 - 27 Jonathan Mendonsa Hello guys Jonathan and Brad here from the ChooseFI radio podcast today we're going to be interviewing Brendan Pierce from Pierce on earth dot com. Brandon is really our first prototypical example of what "the four hour work week" actually looks like and especially when you combine that with the idea of designing your future. Being willing to reject societal norms. Take your family and travel the world. And really it's this idea of lifestyle design and intentional living.
families, familytravel, travel
27 - 65 Brad Barrett Yeah this should be a really fun episode for sure. We were introduced to Brandon through one of our community members Andrew and just diving into his content his life is fascinating. So not only is Jonathan talked about the four hour workweek and there are certainly aspects of that that we're going to chat about but just traveling around the world Brandon and his family are living that Geo arbitrage life and I know personally I have a million questions because this is something that I would love to do in my perfect world but I'm a little scared to do and I'm going to pepper Brandon with as many questions as I can possibly think so. So yeah this should be a fun one indeed.
families, geoarbitrage, travel
65 - 67 Jonathan Mendonsa Hi Brandon thanks for joining us.
67 - 68 Brandon Pearce Thank you guys so fun to be here.
68 - 84 Jonathan Mendonsa You know as we were prepping for this show I was really just blown away by how your story is the perfect case study to show a practical implementation of all the different concepts that we've been talking about over the last 30 or 40 episodes actually looks like. And I can't wait to dive into this story with you.
84 - 85 Brandon Pearce Awesome. I'm excited. to dive in.
85 - 97 Jonathan Mendonsa I think it's probably worth noting that Breynton you are not in the FI community per se but can you give us a fly over of what this journey has looked like for you and where you are now.
97 - 168 Brandon Pearce Yeah I can give a really quick version just by saying that back in 2003 I was working in a call center doing Internet tech support dial up Internet tech support and teaching piano lessons on the side and going to college and the weekends and life was busy. And I was studying computer programming. I'd been programming since I was a kid but I decided that's kind of the career path I wanted to go down. But as I started looking at what was going on around me like my father in law lost his job in the I.T. world and I just saw that there's no such thing as job security. When you work for somebody else and that really hit me and I realized that I wanted to have more control over my financial future for my family. And so I started developing this program to help me keep track of my piano students. It's called Music teachers helper. I didn't call it that then it was just something for me. But I thought about the possibility of turning that into a business and seeing if we could make that into anything that could support us financially. And so I put a lot of thought and effort and time and energy into creating that. And over several years it slowly grew into something that was able to support us allowed me to quit my job. And since then we've been traveling the world now for eight years been to 36 countries as a family and just trying to live life fully now.
IT, career, colle, college, families, familytravel, teacher
168 - 195 Jonathan Mendonsa That's amazing. And along that journey I know that you and your family have volunteered at rescue centers and schools all over the country. Your kids have had a very fascinating approach to education which maybe we can touch on a little bit today. But you have designed your life around family traveling living abroad and you've been able to fund it by what essentially started not even as a side hustle just as a project that you were doing for yourself and you saw an opportunity to turn that into something that could help others and fill a need.
families, familytravel, hustle, travel
195 - 330 Brandon Pearce That's right. In fact as I was showing it to other teachers who were in my community they were they would look at the software and what it was doing for me and they were telling me things like I would love this when can you make this available. So just having that kind of feedback gave me the incentive to put the energy into and helped me realize that it may turn into something. I mean it was really just a hobby project. At this point and I was OK if nothing ever came out of it I was just kind of doing it for the fun let's throw it out there let's see what happens. But yeah as I started to get my first few paying customers I realized wow this is pretty cool. And these people are paying me every month to use the site. And I'm enjoying maintaining it and building it. So that's how it started. Now the whole travel the world thing and that's a totally different story because I mean we had kind of done all the things we were supposed to do. You know I'd gone to college got a job I got married and had two kids at the time we bought a house we had a mortgage and we were just kind of we were comfortable but we weren't fulfilled and I knew there was more to life than what we were experiencing. And I wanted to give our family the chance to experience what life was like outside of this only bubble of reality that we knew. But I was I was terrified to make a change like that. I mean even though by this point it was probably 2006 or seven or so. We had a business that was growing it wasn't like earning a ton of money and I still had my job and everything was kind of stable but to leave our community to sell our house. I mean all this stuff is terrifying. I wouldn't have made this choice had it not been for I think my wife's mother was just around just under 50 and she got diagnosed with cancer. And within a few months she passed away. And it just kind of shook us because we realized i mean i just woke up to this fact That life is short. Or it can be very short and I don't know when my time is going to be that I'm going to go. And so I I made a commitment right there that I want to live my life fully now and I don't want to put off this dream of exploring the world with my family until who knows when I need to do something now about it. So that's when I really started putting a lot more energy into my business I quit my job and just started building up the business to the point where it can support us. And we sold our house and we sold pretty much everything we owned and started traveling. So that's kind of how that story began.
college, families, teacher, travel
330 - 364 Jonathan Mendonsa I think it's very easy for us to gloss right over to the point where you're traveling around the world and you have this designer lifestyle. But I think it's important that we slow down and we talk about those early days when this is all happening because it's very hard to recapture that. Yet for our audience those are the most valuable moments and time to look at what was that early thought process like you have this software and if you don't mind I'm going to dig a little bit into what this software does so you're a piano music teacher you're bringing in kids you're scheduling lessons. Is this some sort of payment management software How is this helping you with the music lessons that you're offering to these kids or adults these kids or adults.
teacher, travel
364 - 425 Brandon Pearce Yeah. I was teaching just part time just weekend lessons so I had maybe 10 students or so at the time but still for me there was a lot of time that I was spending doing busy work around that. So for example students would come to their lesson that say how much do I owe you again and I have to pull out my my records and I'd have to do some calculations and it just took a lot of time at the lesson. That seemed inefficient to me. So I created a program first just to keep track of all the payments that they gave me and their lessons schedules and their contact information and such. And then the software would win when students would ask me how much they owed. I just look at the software and it would tell me right there and then they could write me a check or whatever. Later of course we expanded that to the point where students could log in from home make a payment with a credit card. All of that so really it's a software that helps independent music teachers and also larger studios with multiple teachers. We have a separate product for that but it initially helps independent music teachers keep track of all of the business aspects of running a teaching studio.
teacher
425 - 482 Brad Barrett So what I want people to focus on here is something we referred to previously that one of my favorite authors Scott Adams refers to as the talent stack and he talks about being in the top let's say 20 percent in skills in just a whole bunch of different aspects of life and how you never know when you're going to connect them. But that connection can be serendipitous. Like in the case here of Brandon, So Brandon was a music teacher. He was giving lessons. But he was also had the ability to code this program and he realized there was a need just in his own life and put it together and created this "music teachers helper" and in the early stages right and in speaking with colleagues he realized there was a need for this. And then he made moves on that. That's just such a powerful thing. I really wanted to take a minute to highlight it. Do you remember what that first sale was like and if it was a lightbulb moment that made you realize hey maybe there's something here.
Guest_Catchphrases, talentstack, teacher
482 - 533 Brandon Pearce Yeah. I mean I can remember there were a few music teacher friends that I had of course in the area and it just started with that I started showing them hey look at this program I made that I'm managing my piano studio with and they're like wow that's really cool. Of course they weren't paying for it yet and it wasn't even available to pay for. But I just it opened my eyes to the idea that hey maybe there are some other teachers who might be interested in this too. It took me a few weeks I think to put a payment page up but that's really all it took for me to start seeing if other teachers were interested in this. And I mean I didn't really do a lot of online advertising and stuff like that at the time. It was just mostly talking to friends and colleagues about it. And then eventually I went to music teacher conferences a local music teacher conference in the area and paid for a booth and started presenting the software and then sales started coming in and I realized that I was onto something.
teacher
533 - 554 Jonathan Mendonsa So you have this idea and now you have your first sale but at some point during this process you have to realize that your idea has legs. Like wow this is something that I could scale. I think that's got to be a light bulb moment in and of itself. And I'm curious how far from the point of your first sale did you think to yourself this this idea has legs.
554 - 563 Brandon Pearce I think after the first sale I mean I knew right away as soon as someone is willing to pay for it. Well certainly there are other people who are willing to pay for it and that's all it took.
563 - 576 Jonathan Mendonsa And the cool thing about your idea and ideas in this field is that you don't have to do more work to get that second sale. Right. If one person was willing to pay for it then there's no difference between one person buying it and a hundred or a thousand people buying it.
576 - 584 Brandon Pearce Yeah the product is the same. I mean there's there's always more marketing and sales to do but I don't have to necessarily add more to the product in order to handle another customer.
584 - 622 Jonathan Mendonsa You know there's this inflection point that I know that Brad has had to deal with the most budding entrepreneurs have to deal with. You have this business. You've made a sale. It's making some money but it's not 9 to 5 income and hopefully as you continue to nurture it you're putting time in your developing it you're doing what you were talking about with advertising you're going to conferences all those things start to take up more and more of your time and you're earning additional income from it. But there is a point a crossover point in which you realize both my 9 to 5 and my side hustle are both not sustainable at the same time. One of these has to give and I'm just wondering what did that process look like for you and at what point did you realize you need to make a choice on which path I'm going to follow.
hustle
622 - 735 Brandon Pearce Yeah. This business is something thing that grew quite slowly and organically because as you just said I was working at a full time job I had a family to take care of there were there were a lot of things going on in my life so I could only put minimum hours into this early mornings late at night. Lunch breaks. So it grew slowly. So I think it was probably three or four years into it when we had probably we're probably making around fifteen hundred a month from it and I was working now at a at a programming job which by the way I got before I graduated I just found that college was actually not really that helpful for me to learn programming so if anyone out there is wanting to learn to become a programmer you can go to college and learn it. But I found it so much more efficient just to study on my own and to have a project to work on. There are so many amazing free resources out there to learn programming whether it's code Academy Khan Academy. I wish that stuff was available when I was first starting but just having your own projects to work on so many people out there willing to support you in it on online forums through sites like this. It's much easier I think doing it that way and much more efficient and cheaper than doing it through college. But back to my programming job I was working there full time but I at this point you know earning fifteen hundred dollars a month we had quite a few customers. I was doing the support the marketing the programming the graphics design I was doing everything in the business and I just realized that I could not keep doing both at the same time. My life was becoming a little bit too frazzled and I realized that one had to give and that I mean I wasn't earning that much at my job. I think I was making 60 grand a year which isn't that much for a programmer but it was decent. And then we had probably a year's worth of savings as well. So I decided that we're only making fifteen hundred a month at this business but it's got potential and I know that if I can put more time into it and continue to grow it I believe that it can support us. And I had a year to get to figure that out. So I decided to quit my job and put my energy full time into the business and that's when it really started growing.
college, families, programmer, savings
735 - 775 Jonathan Mendonsa There's so many different things that I want to hit on with that one is that you're not this overnight success story. It's easy for us to gloss right over to the end product but I love the fact you know you put the work in you put three to four years of time in to get to that point where you're making $1500 a month and then you insource all the work and you were able to teach yourself skills because you had a project to work on and because you were able to take whatever it is that you learned and practically apply it to something that was adding value to your life that had to speed up that learning curve. So I'm just I'm very impressed by the end at the same time I can totally relate to that because I think that that is something that I have seen in my own life and I'm sure Brad because he has done a few of these type businesses has seen in his as well.
775 - 847 Brad Barrett Yeah there's no question about it. I mean Brandon when you were going through your story that's so reminiscent of my own story which was you get to that point in the entrepreneur's journey where you're doing everything and you're learning a ton and it's so exciting and you have proven out that it works to you in your case you're making the $1500. You have customers. Clearly this works. But the limiting factor is your own time. At that point and you just you just simply don't have enough of it with a family with a full time job with what essentially amounts to a full time job with your your business and your side hustle and something has to give. So I knew for myself that was the exact same thing and it was a difficult decision for me because I was making a decent income. We're saving a boatload. I was a tax manager for a decent sized company and this was a safe job. Right so for me there was a lot of consideration over whether this was the right thing. I had that fear that you talked about before but if you can put yourself in your shoes back then which I know it's a decade ago. But I like that decision almost go the other way. Did you ever contemplate not working full time in the software and just kind of letting it letting it go or was this just like a slam dunk decision for you and your family.
families, hustle, savings, tax
847 - 860 Brandon Pearce Well like you I mean it was a terrifying decision to quit my job and lose that stability. But at the same time I wasn't really enjoying my job that much. And this was just so much more exciting to me. So it just felt like the way that life had to go.
860 - 905 Brad Barrett Yeah I completely understand that's exactly where I was too. It was this was an opportunity of a lifetime for me to work on something that I'm passionate about and something that I believed that I could grow if I could put my full time and effort behind it. And I think it's almost exactly what you're describing so yeah. To everyone out there listening like this is part of the struggle especially if you start your business as a side hustle it's almost invariably going to come to that inflection point where you need to make this decision and it is not easy. There's no question about it anybody who tells you it's an easy decision. They're either a fool or they're lying to you or in my opinion it's this is difficult. But Brandon and I both made the same decision and in our cases we might be able to put that effort in. And that time it has worked out exceptionally well.
hustle
905 - 940 Jonathan Mendonsa But I've got to say that both of you were operating from a place of financial strength while neither of you when you made the decision to pursue your side hustle full time were at FI which we define by having twenty five times your annual expenses saved up. Neither of you were at the financial cliff brain and you had a year's worth of savings under your belt. And even though your business was only bringing in fifteen hundred dollars a month it was bringing $1500 a month while you were sacrificing sleep time with your family and kids and possibly your sanity so that you could work on it. And when you are able to pull yourself out of you know your 9 to 5 and give it your full time you are able to see results somewhat quickly I would imagine.
families, hustle, savings
940 - 954 Brandon Pearce Yeah it really didn't take long. The next year or two I think we were already bringing in 5000 a month and then 10 and it just kept going up from there and I was able to hire people out at that point to help me run the business so that it was taking less of my time and I could focus on other things.
954 - 967 Jonathan Mendonsa It's always that first hire because that first hire you're saying there's enough margin in here that I that I can take a pay cut in order to bring someone else on. I imagine that's kind of another like pivotal moment in the journey of your business.
967 - 1028 Brandon Pearce Yeah. There's been a lot of learning in a lot of mistakes in hiring over the course of years in this business I think I started hiring a customer support. I think that was the first one I tried and I hired some team out of India or something like that to do it. But they were just absolutely not getting the kind of energy and responses that I wanted. They weren't really listening to customers they could they could do copy and paste responses to things like a knowledge base but it was not what I wanted to offer a service in my company. So then I decided to bring in actually this is an idea from my mom who has a lot of brilliant ideas but she recommended I just ask my customers if any of them want to help out on the support team. And I ended up paying them an amount per each for each email that they answer. And and that was it. And we had a few join us and that helped so much it was so affordable because I wasn't paying for people to sit around waiting for phone calls or whatever was this email support. As it happened. And there were people who knew our products were passionate about our product who knew our customer because they were our customer and that worked really well.
1028 - 1039 Jonathan Mendonsa I got to say Brad there's probably something there to explore that idea of hiring from within your community especially people to understand your product. They understand your niche. I think there's probably something worth exploring there for sure.
1039 - 1080 Brad Barrett Yeah no doubt about it and I know from my own personal experience with my web site travel miles 101 we had a Facebook group. I think it's 9000 members in there. And I wound up hiring one of the most active members of the community and she's now our community manager. And there was no more logical person than her so it was just it was ideal. And yeah I mean we talk about who's going to care more about your business than you probably nobody but who's going to care about the next. It's the people who who are part of your community who care who lived this and Jonathan in our case with choose fI we obviously have many many thousands of people so if we ever were to hire down the road logic would suggest that's where we start.
1080 - 1127 Jonathan Mendonsa For sure Brandon the reason that we're so excited your story is your story is like a retrospective look at exactly the path that we want so many people in our audience to be able to choose if they desire and it's just a perfect story so you're at the point where you've broken the game right. Your income from your business is at this point providing more than your family needs to keep food on the table you have enough to set aside. You've replaced the income and more that you are making from your 9-5. And at this point you have this decision that you're going to make and I will say that traditionally in our country and maybe globally the world they say that if you make more you need to spend more. Now it's time to buy all the trappings that come with financial success. And you made a very different choice and I'm curious what that decision was for you and why you made this different choice.
families
1127 - 1168 Brandon Pearce Yeah. As I mentioned before we were comfortable living in suburban America. But we weren't fulfilled and there was a deep part of me that knew that even if I got that bigger house and that nicer car and loaded up my house and all these cool gadgets and fun stuff I knew that ultimately I wouldn't be any happier or more fulfilled doing that. And that really what I needed was to slow down and to have more connection with my family and to change my pace of life to be one that gives me time to introspect so that I can grow personally and I knew that that would also really be facilitated by putting myself in new environments with new people and new thoughts and just something that was hard to get if I just followed the traditional path.
families
1168 - 1194 Brad Barrett Alright so Brandon I'm curious as to the process behind just this whole decision. So was this always a lifestyle play I guess like with your actual business had you always planned in your perfect world scenario to hire a team and like Jonathan mentioned at the at the outset of the interview make it like a four hour workweek. Tim Ferriss was that the plan to really make this a lifestyle business.
1194 - 1226 Brandon Pearce Honestly I hadn't had much planned when I created the business. It was really just for the purpose of financial security. So I didn't really think too much about you know hiring other people and outsourcing and all that. I did read the four hour workweek at some point though and that really opened my eyes to the possibilities of that. Travel has always kind of been a goal for us but I haven't really realized the power of hiring other people and outsourcing to to get help running that business. And I had never been I've never had any intention to become a CEO or a manager or anything like that. So this was all new territory for me.
travel
1226 - 1248 Jonathan Mendonsa So you reject the MTV Cribs lifestyle and then I would say this is the more subtle choice you reject the HGTV cookie cutter keeping up with the Joneses Pinterest worthy lifestyle. If you subscribe to one of those aforementioned kind of ideas of what the perfect life looks like its easy to find role models to tell you exactly what to do with your income and with your time. But now you have this void and what do you replace it with.
mindset
1248 - 1276 Brandon Pearce We replaced it with travel. Really it was more about a focus on not so much stuff but on experiences on connection and on personal growth. And those were the things that we wanted to live for and also service and finding a way to really give what we have inside of us to the world. And it took us a long time and it's been it's a continuous exploration of all of these things it's like I can say at that moment I had it and we were done. It's like I'm still learning and I'm still growing and still figuring out the ways that I want to contribute.
travel
1276 - 1300 Jonathan Mendonsa With many of the people that we've talked to at this point that have done the geo arbitrage. They did not have any kids in tow they were at this point time their kids were either out of the house or they hadn't had kids yet. You're making the decision to do this with at the time you made the choice of five and a three year old. And now I'm sure they're you know in their teens or one of them at least is in their teens. What did your life look like as you were getting into this journey and how has it changed over the last several years.
geoarbitrage
1300 - 1373 Brandon Pearce Yeah we started out well first we weren't quite sure that we were ready for the leap of like selling everything or going to travel the world full time like that was a big decision. So we decided first to test the waters by taking a six week trip to Panama together. So we oh man. It was it was such a cool experience because I felt like we bonded more as a family during that time than I think we had our whole lives we were together 24/7 visiting indigenous people in their villages marveling at the construction of the Panama Canal and just appreciating all of the beautiful nature that was surrounding it. And I think one thing that really hit it for me was there were so many amazing things about Panama. But I think what really hit home for me is when I just started appreciating more the little things like being with our kids for so much of the time just gave us the opportunity to kind of see the world through our children's eyes. And we started to appreciate the little things in life. They would point you know at a Caterpillar on the sidewalk or whatever and we'd be bending down and just like in awe of this cool creature and all these little things that kind of pass us by and we took for granted in normal suburban life. We started to feel like we were connecting again to ourselves and to each other.
families, travel
1373 - 1469 Jonathan Mendonsa That's so powerful Brandon and it. It reminds me of two things. One I think it's such a stark contrast to the idea of being stuck on the hamster wheel where it's incredibly difficult for you to be present with your family and with your kids because in your mind you're constantly going back to the to do list to the 600 emails in your inbox into the tasks that are continually piling up to the debts that you have to work in order to be able to service those payments. And it also reminds me to a large part it reflects what my co-host Brads life is like when we talk about the joy that he gets and he's able to use the word frolicking in the pool with his kids. It's those simple joys that I think over time just get ground out of us due to the heavy weight of life's responsibilities. But this paragraph that you wrote on this article it just to me it just so perfectly encapsulated this idea of being present and talking about the idea of being able to view things from your kids eyes. And like you said be able to appreciate the caterpillars on the grass the texture of the palm trees to actually hear the sounds of the birds and the insects outside. That's something that frankly even might even me even me at this point in my life. I don't have time to listen to that stuff. So that just hits me right where I live. It's very very powerful and I get how attractive that is. In fact I would even go so far to say at some level our society understands how attractive that is because I've even seen just here in there a few commercials on TV talking about this idea of just for a second try to look at things through your kids eyes and think it's kind of one of these public service announcement type commercials but teachable moments I think is the way it's phrased. But you've got to develop and build a life around this. That's got to be incredibly rewarding.
debt, families
1469 - 1495 Brandon Pearce It is amazing. It feels amazing and I have to say we're not there all the time. I mean I still get sucked into future thinking and I mean it takes a concerted continuous effort to be present with our kids and and to do that but I think it is made a lot easier by the way we structure our lives being together all the time and of being in New places where we are stimulated in a way that causes us to wonder and and to marvel at this incredible world.
1495 - 1504 Jonathan Mendonsa So you take this six week period in Panama and you get to do this wonderful time with family and then you come back to suburbia. You know why not just recreate that at home.
families
1504 - 1560 Brandon Pearce We tried. We really tried to create it at home and I don't know what it was exactly but I think just the pulls of the surrounding culture the communities we were in and just the mindset that we were surrounded by just made it so hard for us to connect that way. And we probably could have done it and we probably still could do it. But there was another thing that just kept nagging at us is that we loved traveling. We loved being out in these beautiful tropical places and wherever when that's all we experience about the tropics. But we loved being together doing new things like this. And we knew we wanted more of that and the waves. It wasn't just about being present for us like we got. We learn so many new ideas from the people we met. Our minds were expanded in other ways and we just saw so much potential for growth. I mean I believe that travel is one of the biggest catalysts for personal growth for transformation as well as for family bonding and we knew that we wanted more of that in our family.
families, mindset, travel
1560 - 1585 Brad Barrett So it sounds like after this six week trip you did go home and attempt to at least give it a go and maybe this wanderlust kind of set in and you realized we need to travel. Talk me through that mental decision. And and when if you can even put yourself back. Do you think you made up your mind. Like when you were on that six week trip you were or was it something that you really truly did fully anticipate going back to your regular life.
travel
1585 - 1642 Brandon Pearce Good question. I don't think that we knew at that point. I mean we wanted to travel. But again this was kind of a testing the waters thing. And when we came back we we wanted to keep going. We wanted to keep traveling but I mean when we were in Panama one of the other things that just felt so liberating to us was being without all of our possessions like we didn't have to worry about mail we didn't have to worry about maintaining any of our stuff we just had carry on luggage and that's all we traveled with. And we realized that we didn't need any more than that. So when we came back home we started looking around at all the stuff that we had cluttering our closets like I don't know how many dozens of shirts I had and like I don't need this many shirts I don't need this much stuff. And we realized that we would feel so much better if we got rid of it. And when we did it felt so liberating. All it was like it's like we're flying because we knew we didn't have any of the baggage that had been weighing us down for so many years so much of that that we hardly ever even looked at or use. And it just felt so good to get rid of it.
travel
1642 - 1647 Jonathan Mendonsa Where did you end up settling for your first home away from home. Where was this first place that you landed.
1647 - 1666 Brandon Pearce We went to Costa Rica and we were there for about a year and a half. I think we were probably ready to move on after around six months but we had booked ourselves into a year lease. That was a great deal actually and found ourselves pregnant with our third daughter who ended up being born in Costa Rica. So it was an awesome experience to be there.
1666 - 1681 Brad Barrett Brandon when you're there in a particular spot for so long do you feel like it's home. Do you feel like you're just a tourist or you're actually a resident there. Do you fit into the fabric of the city the culture the society. Like how to talk me through how that works.
1681 - 1729 Brandon Pearce It really depends on how long we're there. And also on the place. So in Costa Rica we we started feeling we were there for a year and a half as I mentioned and we got involved in the community there. So we had friends who were local Costa Ricans that we'd hang out with. We hung out with the ex-pats we got involved in the home schooling community there. And it felt like home. Absolutely. But there are other places there where we go where it's a couple of months or maybe even longer but it just doesn't. You don't have the same feel there's not the same community there that that's supportive or we don't get into it as much. And I think that makes a big difference in how comfortable we feel there as someone who has not done a lot of travel and actually tried to put myself into a community I'm usually there just as a tourist or as a quick visitor. What is it like to find in develop these threads you know connecting yourself to the local community in one of these foreign countries.
localgroups, travel
1729 - 1828 Brandon Pearce So it really depends again on the place. There are some countries some cities that have a great infrastructure great community that's already there that you can just tap into a lot of it for us has honestly been in many places the ex-pats or the traveling families like this movement of families traveling the world together long term like this. I mean it's exploding right now there's so many more people doing this and there are lots of online Facebook groups and forums and websites and places you can go to find out where everyone is and if conferences like the one I'm putting on the Family Adventure summit where you can meet other people who are doing this and there are a lot of little pop up communities that are kind of arising in different places. But in addition to that it's for being in with the local community. It really does depend on the place. So the place that we are kind of settling right now is San Miguel in New Mexico which is an incredible community. There have been foreigners coming there since like the 1950s intermarrying with the Mexican families and building up arts communities. And it just it a lot of places in the world you go. You know I feel just like a tourist I feel like I'm being eyed as Mr. Moneybags and I'm constantly being hounded for things and treated trying to be taken advantage of in San Miguel. You go to a restaurant and you see the foreigners and the locals eating together. Having a conversation I mean it's just one big accepting community is what it feels like. So it's it's very easy there to just happen. All you have to do is go to a class about something you're interested. My wife's doing belly dancing and she is going to a dream circle each week. My kids are involved in lots of different different classes and art lessons and their teachers are from all over the world. Some of them are Mexicans some of them are from from different places so it's it just depends on the places you're going. At some places it's harder to tap into the local community because you are seen as such an outsider. Other places you're more welcomed.
families, familytravel, localgroups, teacher
1828 - 1863 Jonathan Mendonsa So this obviously involves your kids. And since I know you mentioned homeschooling earlier I think most people generally understand the concept but there's two other forms of schooling that have come to my attention and I'm wondering if you can maybe tease out the difference in where on the spectrum you land the other term that I've heard of before is the idea of world schooling which to me sounds a little bit more in line with what you're actually doing. And then also recently this term's gotten on my radar and that's unschooling since I'm sure you've been exposed to all of those three disciplines how you guys approach this educational process for kids in these different countries that you've gone to.
homeschool
1863 - 2024 Brandon Pearce Yeah. These are terms that have really wide interpretation. So you may find people who call themselves world world schoolers or un schoolers who do things vastly differently as far as educating their kids so I will I will I guess not use those terms at the moment even though I could easily identify with either one and say that we follow a kind of an interest lead learning approach. So I feel like when I went through school I had a lot of wasted time learning things that didn't matter that I wasn't interested in that I would never use. And it just felt like I was doing a lot of busy work even up through college and I feel like the world is moving at such a fast pace and things are changing. We don't really even know what the job market what the world is going to look like in five 10 20 years. So I think more important than cramming our minds with facts which now through the Internet you can get just by asking Google a question. For the most part is inspiring our kids with the love of learning and facilitating them to learn the things that they're passionate about an activity which I think travel does amazingly well and giving them the chance to pursue the things that they're most interested in. For example our oldest daughter loves singing and songwriting so she's been working with a professional singer songwriter who lives in L.A. been taking weekly lessons from her via Skype. She's also really into animation right now. And we bought an animation program with her she's working on animating one of the music videos for a song that she wrote. It's like a 4000 frame animation she's working on and really having fun with that. Our middle daughter is really into gymnastics which is a little bit harder to find classes for if you're in a place for a short term. But when when we're in a place longer she does that. Otherwise she practices a lot on the floor on her own wherever we happen to be. And she loves that. As far as math the girls are. And I have three daughters that are currently 14 12 and 6 years old. And you know I don't really care honestly if they don't learn calculus or even algebra. Like I hardly even used algebra as a programmer. And I mean I can see some professions that would be very useful for. But the thing is this stuff is easy to learn these days. I mean if you have a need for it and you want to learn something it's not that hard to learn. You devote several hours for over a period of weeks and you you can you can master something. And so I feel like if there's not a high chance that they're going to use it I don't care so much that they learn it but they're learning the math and the skills that are relevant to them right now. So there for example learning some financial math or learning how to use spreadsheets because there are some things they want to learn how to calculate. For my youngest it it's mostly how many days until my birthday or questions like that. Well you know I learned to count on the calendar and things like that so it's not it's not a very structured or formulaic approach to education. We don't have a specific curriculum we follow. We just let things flow naturally and let the kids learn what's relevant and interesting to them at the time and trust that as they grow and as bigger and more challenging things become relevant they will have the motivation and the desire and the skills to learn those things as well as.
college, programmer, travel
2024 - 2084 Jonathan Mendonsa I was Listening to Tim Ferriss podcast and in this podcast interview and Chase Jarvis who is the brains behind creative life. And in that episode Chase said Creativity is the new literacy. And that just struck me at such a deep level. And I think he goes to what you're talking about not only are you encouraging creativity through the experiences that most people are waiting until they're retired to even attempt but also in the way you're tackling this learning process by getting them excited to ask better questions and then go find the answers that help them where they are on this journey and fostering that creative nature. So many people are just force fed stuff that doesn't interest them and probably won't serve them. I mean if I were to ask you what's one thing that you remember from your early 17th century European folk literature 101 class in college. You might remember on random trivia night but I doubt it. It's a fragment right. It's a tiny fragment that you remember but do you remember the things that you learn that you apply to your business. Of course you do. Of course you do. So I think there's certainly something there. What are your thoughts Brad.
college
2084 - 2196 Brad Barrett Yeah I think following your passions is is a huge aspect of why this is so appealing to so many people. You know we think about school and what's a traditional school if you're learning nonsense that you're just memorizing and to Brandon's point any question you have like that. You can look up on Google in under a second. So why spend years learning at school with stuff that you literally can call up at any second any day of any year. So I love that he has allowed his kids to to follow their passions and you don't know where that's going to go and that's the cool thing Brennan alluded to like what this is what she likes. Now I think was a phrase he used then. You never know what that's going to be like a couple years from now. His oldest daughter is now doing a 4000 frame animation. I mean like who else gets the opportunity to do that. So I think a lot of people and I know Brennan This is my next question to you is the fear and I think just your knowledge of this whole community and the summit that you put on one of the big things that are holding me back personally because I'm in a similar boat to you. We have financial resources we can travel. We have young kids. I would love to do something like that. I would love it. But but we are afraid. Frankly it's there's so many unknowns. And also this suburban life is all we've ever known. And my wife and I both had great memories of growing up with friends and playing on sports teams in high school and and all that stuff and on some level I feel like we're we would be depriving our kids if we took them away from that. But then I know intellectually that I would be opening them up to all these wonderful experiences that you're talking about so I'm sure I'm sure you've experienced this question hundreds of times like what do you tell someone who is in exactly my boat who would love to do this in a perfect world. But but it's just a free to take that step.
college-alternatives, travel
2196 - 2277 Brandon Pearce I totally understand that fear and I mean we had it ourselves and when we first started doing this we homeschooled our kids like we opened the books and tried to follow the same curriculum that the kids were learning in school and just realized that it was pointless. It wasn't helping them foster their creativity. They were they didn't even want to do it. It was it was grueling and they were really benefiting from it. And I think now the difference is it's not that we're sitting down and teaching them we we're not their teachers we're facilitators. And if they have a question we don't just give them the answer. Typically we will help them learn how to find it if they don't know how to find it already and they it's really about empowering our kids to be able to choose and to be able to take control and learn the things that they need to learn rather than as you mentioned before just like force feeding them information. So as far as getting over the fear I mean it's you know I kind of like actually what Tim Ferriss talks about with Fear setting and just looking well what's the worst that could happen. But I think in this case it's really about what you are losing by not doing this. I mean it's hard to know until you've experienced it. So I would recommend maybe maybe doing what we did and just like do it test the waters trip take six weeks take two or three months and go go live in some foreign country for a while and see see what it does to you. You see how how it affects your family and how much you're able to learn and grow from it and then see if it's something you want to continue. It's not for everybody. But I think you'll find that it can be quite transformational.
families, homeschool, teacher
2277 - 2308 Brad Barrett And I think that might be my next step which is maybe you know for us our summers are wide open. We have three months we could easily take four to six weeks and do one of these adventures and I think one of the biggest tweaks mentally is to not look at it as just a vacation right because we could go be tourist somewhere but that doesn't fulfill the goals of what we'd be looking for. So yeah I mean I guess you could rent Air B and B for a month or two months or whatever and just immerse yourself in a culture. And I think that's that's your suggestion for getting started right.
2308 - 2355 Brandon Pearce Absolutely yeah. The fast paced travel is fun for a while and if you need a quick vacation or something but really that kind of travel I think that has a potential to be more transformative and go deeper. It's slow travel where you're spending at least a month and a place immersing yourself taking things slower. It's not everyday going out and seeing stuff but you're living in a place and you still have some routines and maybe you're getting involved in different community things. But I think the most powerful thing for me about travel is or at least in the beginning stages it was just realizing that my way of doing things the way that I've always done things isn't necessarily the only right way to do things and that there are so many amazing wonderful people out there doing things and thinking things and believing things completely differently from me but yet they exude the same genuine humanity that I possess. And we can connect at that level and it's just transformative. It was transformative for me.
travel
2355 - 2371 Jonathan Mendonsa What does it look like for you always being in a different country. Don't you worry about things like health care don't you worry about things like how expensive it's going to be. I mean these are all unknowns how do you do you just make so much money they don't have to worry about any of it. These are the questions that I would imagine families would have before tackling something like this.
families, healthcare
2371 - 2494 Brandon Pearce First of all let me just say that when we announced that we were going to travel the world. People did think we were crazy and we got a lot of backlash from family and friends. Some people are really supportive. But yeah some of the biggest concerns are what about all the dangers. I mean aren't aren't there kidnappers and drug dealers and all these problems they're going to have to face in these foreign countries are going to go sleep on some dirt floor and get diseases. And how are you even going to be taken care of with your health care. I mean these were these are major questions a lot of people had for us. And then of course the expense of it. But as far as that goes I mean there are so many families doing this at incredibly low budgets. I mean I know families who are traveling the world spending under a thousand dollars a month traveling around the world. It's totally possible in fact we put out a survey from the family of venture summit to almost 100 different families who are traveling the world. And and you can get access to the survey for free I'll send you the link. But it's amazing to see the spectrum of how much people are spending on their travels how much they're earning and all the different aspects that go into the finances. As for healthcare it's funny when we left the States we had health care of course and I'll call it insurance it's not health care insurance. And I realized after being in Costa Rica for a while that it was totally not necessary. We canceled our insurance in the States because first of all if if you get sick and every country is a little bit different. But first of all the health care is really good in most places around the world maybe even better than the U.S. in a lot of. In a lot of places and I think that's a misconception a lot of people in the states have for example in Costa Rica you have public hospitals that are free for everybody if you want to go and get anything done you know private hospitals that you can pay for. But things are so cheap. I remember for example our daughter got an ear infection when we were flying into Ecuador. And so we were at this hotel and her ear was hurting so bad. And we asked around what can we do. Is there a clinic nearby. And somebody said oh no there's a doctor or we can call if he can just come to the come to the hotel and check on her. He drove an hour to the hotel to check on my daughter's ear gave her a prescription. We went and got the medicine the bill without any insurance was $70 for the doctor to come all that way back. And then like five or ten dollars for the medicine.
families, familytravel, health, healthcare, insurance, travel
2494 - 2498 Jonathan Mendonsa That is a shocking contrast to what you would find for that here in the States.
2498 - 2535 Brandon Pearce Yeah and I could also point out that we had a baby in Costa Rica right without insurance. We decided on a home birth and it cost us around $3000 for I think monthly visits to get the ultrasounds and everything every month leading up to the pregnancy all the post visits had to have a doctor and a midwife and a doula present at the house for the birth $3000 for everything no insurance of course we could have had the baby free in a public hospital if we wanted to but we chose this other experience instead. But you know and I also I could go on and on about stories of people spending all this spending nothing or next to nothing on medical care in foreign and with really high quality care.
insurance, medical
2535 - 2572 Brad Barrett You know I think the only people in the world who worry about medical expenses absolutely destroying them are people in the United States and it's a very frustrating scenario. But yeah I mean it sounds like you have a lot of options just to self-insure. Basically is what you're doing. And it's things cost so little that you can just pay for whatever care you want. Like you said you had the option to do it for free but you chose to do a home birth. And and that's wonderful if you have the option to make that decision because frankly you know in the U.S. I suspect there would be many many times the $3000 that you spent. I mean certainly in a hospital that obviously would be without insurance who would probably be 10 times right.
insurance, medical
2572 - 2634 Brandon Pearce Yeah. And honestly we do have insurance now. We got a travel insurance policy because we're spending more time in the states now that we're we're coming back for conferences and things like that so. So we got a policy through a company called I M G which I think for our family of five we're paying roughly twenty five hundred a year or something like that. And it's a really high deductible plan like I feel bad even getting I feel like it's I feel like insurance is just throwing money away and when I looked at how much I was spending in insurance on the stage and how much I was actually using that I mean it's tens of thousands of dollars that you're just throwing away for nothing. And if you could live in another place where I even feel like if I were living in the States and I got sick I would rather fly to Mexico and get some kind of surgery than I would to just do it in the States. It would be so much cheaper and I'd get a vacation out of it. But of course it depends on the it depends on the kind of disease you have depends on what you need done. But that's maybe a bit extreme but we do have insurance so that if anything catastrophic does happen to us in the States we can we can be covered for that at least.
families, insurance, travel
2634 - 2702 Jonathan Mendonsa As you guys were talking I was quickly looking at the stats and they have a birth in the hospital. Most hospitals are charging insurance companies around $30000 a year for a natural birth an up to $50000 for a C-section. So really a very stark contrast there. Brandon I think our audience would be very interested in finding out how you spend your time and a lot of us just don't realize where our time goes. I know Brad it's kind of a soapbox rant for him that we're always just so busy all the time and that and this isn't his statement but it is something that we've said on the show before that business is a boast disguised as a complaint. And once you latch onto that concept and you say why am I so busy and you decide that you want to do what we always encourage our audience to do which is to take action if you really want to commit 100 percent to that idea. It would be such a valuable challenge to track your time and find out why are you so busy where is all your time going. And the only reason I bring this up with you now is I know that you went through that exercise for an entire week and monitored you know within reason where every minute of your day was going and actually were able to extract some very meaningful data from that experience.
insurance
2702 - 2835 Brandon Pearce Yeah. This came because I mean I've always loved tracking my time but I wanted to do it at a more detailed level like you're talking about because I knew that I mean I had so much time available I was living the four hour workweek at this point pretty much and I had a lot of discretionary time and I wanted to make sure I was using it in a way that really served my best interests and my family's best interest. So I got a little tool called Slim timer I don't even know it is still available but it was a free tool that just lets you click start and stop and you can label each thing you're tracking. So I started tracking how much time I'm working on each of my business projects how much time I'm spending with my family how much time I spend reading all the different things that I was doing throughout the day. How much time I was wasting on Facebook or little games. And it was really interesting to have just this picture at the end of the week categorized how much time I was spending in each of these things and it made me realize that you know I'm maybe not spending as much time with my wife for example as I want it to be. I was I think spending seven. I think that week I was seven hours on my business. I had a few extra things going on so more than the four hour break but pretty close. And now I mean my time now has continued to shift. I mean it's always doing something that right now I'm nowhere near to the four hour workweek in my life as far as work in general. But my main business. Yeah. I mean I spent just a few hours a week running as a teacher's helper. But I have some other projects that I'm very excited about that are consuming a lot of my time and even if they're not really generating money right now it's just something that I feel so excited about so passionate about that I want to put my time into and I think that for me has been the advantage of having the freedom to choose how I spend my time and also just having that awareness of where my time is going so that I can make those choices. It's been a cool tool for me to track my time and I don't track my time to that level any more regularly anyway. I'll probably do it again at some point but I do have a daily log that I keep every day as I'm on my computer every every few minutes or every few hours depending on what I'm doing. I write a note about what I did during that time so that for example if I find myself after that after 30 minutes or an hour or whatever and I'm writing I just spent the last 30 minutes on Facebook and I was just reading a stupid article. It's a wake up call to me that I need to change something and it helps me course correct midday. So that's a useful tool for me as well.
families, teacher
2835 - 2907 Jonathan Mendonsa Yeah. That is so valuable and that's almost a challenge. I want to extend to our audience if you found yourself saying out loud to somebody or in your head over the last several weeks gosh why am I so busy all the time. Do this take this on as a personal challenge for one week and track your time and see where is your time actually going. And the tool that he mentioned was called Slim timer. If that's still available we'll link to it the show notes. But I know that Brad challenged me with this several weeks ago and I tackle and I used a program called toggl toggl which I looked up after doing some research on which ones were the best and it is also free and it's it's very intuitive. It works very well for exactly what we're describing. And it can generate a report to tell you where your time is actually going and then take that and figure out how can you optimize that to reclaim a piece of your life so that that's really cool. I wanted to take just a second brandon and focus on one of these other projects that you're working on because I think there's going to be a lot of value to people that are looking for a way to connect with like minds especially like minds who have a similar view on how to approach this idea of traveling the world and forming these communities outside of maybe suburbia. And I was wondering if you take a few minutes and tell us a little bit about the family adventure summit.
travel
2907 - 3003 Brandon Pearce Yeah this was something that was inspired by the conversations we were having with a lot of people in our travels who would say things like that what you're doing is so cool I wish I could do that. How can I do that. And also by the people who we knew who were traveling who kind of sometimes felt a little bit lonely and wanted more like minded people to hang out with. So we put together this family adventure summit which we just had our first one last couple of weeks ago in Pentix BC Canada and we had around 200 people there and it was so awesome. I had so much fun doing this we had great speakers. We had really fun workshops and activities that went into topics everything from location independence and entrepreneurship to family travel travel hacking and you know education world schooling unschooling all these topics and then we had a huge kids program where the kids were doing what they like 40 different activities to choose from. So they were some of whom are learning guitar some who were doing art that we had an art room that was open all day for different arts activities. They went rock climbing just a whole bunch of fun activities for the kids. And then we had family activities together we had someone from the first nations first nations try to come and lead us through a powwow. We had a drum circle. We had a family picnic went to the farmer's market. So a lot of cool things. And we had as I mentioned 200 people there and already 147 who signed up for next year which I'm so excited about and it's going to be in San Miguel there in New Mexico the place where we are living and loving and it'll be over the day of the dead festivities. So we're super excited about that in 2018.
families, homeschool, travel, travelrewards
3003 - 3014 Jonathan Mendonsa Awesome. You know it's so cool Brad that I can literally hear the joy in his voice as he's describing this that you can tell that there is a smile on his face as he's talking about it and that's totally inspiring.
3014 - 3073 Brandon Pearce And you know one of the things I love the most about it really is just the people that we bring together because these are people who are really intentional about the kind of lives they want to lead. Not all of them are full time traveler some of them just travel for a few months a year from a home base. But these are people who are choosing how they want to spend their time with theeir families or outside of the cultural expectations that are around them and they see a bigger picture and it's so fun to hang out with people like that. And there's also another project that I'm working on that is serving this similar market and it is a documentary called into the wind. And you can see your teaser trailer up on into the wind film. And it's really it's a film about highlighting a few families who are choosing to live more intentionally and you know they're not again they're not all full time travelers but I just feel like there's such an interest right now for families who want to do this and I feel like the information is out there there's people out there there's support out there. And I just want to help bring it together and help facilitate moving this movement forward.
families, travel
3073 - 3135 Brad Barrett Brandon It's fascinating to see the similarities between what you're doing and the movement you're involved in and the FI community as well. Because just really simply we talk about this need for community all the time and we see events popping up where people just want to attend they want to be with these like minded individuals who you don't just see in your regular life. So that's a huge similarity. And also there's actually a FI documentary in the works as well called playing with fire. So yeah it's it's cool to see these two communities that are on this similar parallel path and both kind of hitting the mainstream if you will or certainly getting a lot more people involved who otherwise maybe wouldn't have if they just hadn't heard of it unfortunately. So I love what you're doing to spread the word. And I'm curious for you just had the first family adventure summit like what was the most surprising thing that happened there. Was there anything serendipitous that just occurred that you just couldn't have anticipated. It was just a real highlight.
families, playingwithfire
3135 - 3172 Brandon Pearce Well for me I wasn't expecting how many people signed up again like I was expecting maybe five or 10 families to sign up for next year. But like over 70 percent of the people who were. Want to come next year and I was just so touched and blown away. The other thing is that I wasn't expecting the feeling that I had there. And this is as an event organizer like I just felt such a sense of service more than I had felt in a long time I think just that the work that I'm doing here is really serving people to make powerful changes in their lives and powerful connections and I just felt so grateful and honored to be able to do that. So those were two things I was surprised by.
families
3172 - 3183 Jonathan Mendonsa You know it strikes me Brad that if people get started watching playing with fire and then that gets out of hand and goes into the wind. They got to be careful because their environment could radically change very quickly.
playingwithfire
3183 - 3184 Brad Barrett Very true very true.
3184 - 3210 Jonathan Mendonsa All right Brandon. We're sure that people are going to be absolutely fascinated and people that have never considered or heard of some of the concepts which you're talking about even though we've touched on it from the approach of geo arbitrage. This is a world view encompassing that idea and we're sure that people are going to want to reach out and connect to you how can they connect with you. How can they connect with the family adventure summit and maybe even look into this documentary and how can they get more information on that.
geoarbitrage
3210 - 3243 Brandon Pearce Yeah. You can find me on my my personal blog at Pearce on earth dot com it's pearce on earth dot com just contact me their family adventure summit is family adventure summit dot com and tickets are for sale now and I am pretty sure we're going to sell out quite quickly so I would encourage people to go get those soon. If you're interested in coming to Mexico next year for day of the dead and then the film is into the wind field and the film I think is probably not going to be out for another year or so at least. But we are in the process of filming and doing a lot of pre-production stuff now. So it's very exciting.
families
3243 - 3248 Jonathan Mendonsa All right well before we let you go we want to give you the opportunity to tackle the hot seat. Are you ready for this.
3248 - 3262 Brandon Pearce I love it. We were actually listening to some episodes in the car on the way on the way to. I mean I've listened to a few before then as well but it was fun to listen to it as a family. Everyone was laughing at the hot seat.
families
3262 - 3269 Jonathan Mendonsa awesome.
3269 - 3296 Speaker In a world drowning in rampant consumption. Trapped by the chains of lifestyle inflation. these questions highlight the secrets of those who are broken free. Welcome to the choose F-I hot seat.
3296 - 3300 Jonathan Mendonsa Alright question number one what's your favorite blog that's not your own.
hotseat-blog
3300 - 3322 Brandon Pearce I wish I had a better answer for this but I honestly don't read a lot of blogs or even consume a lot of other content so I kind of if I had to choose one I would probably be Tim Ferriss podcast which is full of awesome information. And as you know and really inspiring and I also really like Sam Harris's podcast is that when occasionally as well we called Waking up.
3322 - 3329 Brad Barrett Nice. We are obviously big fans of podcasts and you know but tim Ferriss one is my favorite as well. So yeah highly recommended to everyone out there.
3329 - 3332 Jonathan Mendonsa Tell me a little bit more about the Sam Harris podcast. I'm not familiar with that one.
3332 - 3349 Brandon Pearce Yeah he he covers a lot of topics he gets into. It's really ethics discussions a lot and talks a little bit about politics but about religion and a lot of the things that are happening globally in the world and relating that back to philosophy and ethics.
3349 - 3364 Jonathan Mendonsa Gotcha. All right. Well question number two and maybe this one is going to be a little tough to answer so your favorite article of all time this could be one that you wrote or somebody else's. Let me just add this on in case it helps if he'd prefer to do a specific podcast episode that'd be fine too.
hotseat-post
3364 - 3391 Brandon Pearce OK. Yeah that is a tough one. Again I don't I don't consume a lot but you know I think if I'm pointing to my own I'm more familiar with my own or other people's work. So I guess I could point to an article that I wrote for medium dotcom. It's called From call center support to entrepreneur and full time travel with kids. It covers a lot of the stuff we've talked about in this episode. But I think it sums a lot of a lot of things that nicely.
familytravel
3391 - 3394 Brad Barrett Alright Brandon question number three your favorite life hack.
hotseat-lifehack
3394 - 3451 Brandon Pearce So this is something we already talked about a little bit earlier but it's its time tracking and I do do multiple types of time tracking as I mentioned to have this daily log. I just open up a Google doc every day as I sit down to the computer I type the start time and then the end time I type what I did. Hit enter. Next line start time and time what I did throughout the day I do that and that really helps me stay aware of what Im doing throughout the day. But then also at the end of every day I write what I call my daily summary and I just use an app on my phone called DIARO for that DIARO and I just write a paragraph or two about how the day went how I'm feeling you know what I might want to do differently tomorrow what's on my mind. And often I will go back and read these especially if I'm going to write a new blog post or if I want to reflect on something. But even if I don't just having just taking that time to introspect and to think about my day I think helps Help Center me in helps move me forward and in a better direction.
3451 - 3483 Brad Barrett Brandon This is something that I've always wanted to do is time tracking and also really summing up the day. It's funny that you do both of these things. Honestly I have had zero ability to follow through. I just I don't know what my problem is but every time I say oh I'm going to do this I just invariably stop. But I think you just spurred me on to actually take action on this so I am going to report back to the audience on the Friday round up with how this worked for me. So yeah I'm pledging here to actually take action. So thank you very much.
3483 - 3494 Brandon Pearce Awesome. That's great. It also the DIARO app has. I mean I guess you could just set an alarm for this but they have a reminder system that can prompt you every night too or whatever time you want to write in it. So that may help if you forget.
3494 - 3504 Jonathan Mendonsa I have come to loathe push notifications like absolutely despise them at every level. I no longer view it as a courtesy but as a curse.
3504 - 3507 Brandon Pearce They could totally get too intesne I agree with that.
3507 - 3510 Jonathan Mendonsa All right. Question number four your biggest financial mistake.
hotseat-mistake
3510 - 3558 Brandon Pearce Yeah. So it points to finances but it isn't directly a financial mistake. So it's actually stepping too far away from my business and not doing my due diligence so I made some poor hires for hiring decisions and I trusted too much and didn't follow up and keep checking in. I stepped back and kind of let the business run itself for a while which was great in some ways but in other ways it made space for the business to sprout some weeds which I am now pulling out and it's a grueling process so and four hour work week is great but it really takes having amazing people in place and really good processes and it still takes a willingness to step in regularly for a little bit more than four hours a week and make sure you maybe even do an audit. Make sure things are running well and cleanly so that is my biggest financial mistake. I think I lost several hundreds of thousands of dollars with that one.
3558 - 3561 Jonathan Mendonsa you tried to go down two or three hours a week got too aggressive.
3561 - 3563 Brandon Pearce Exactly.
3563 - 3566 Jonathan Mendonsa Question number five the advice you would give to your younger self.
hotseat-advice
3566 - 3605 Brandon Pearce I would say enjoy life now rather than only focusing on the future. I lived my life so much in my early days just focusing on what's next what's next what's my life going to be like in 10 years what's going to be like in 20 years. I have now. I still think about that occasionally but I realized so much of that is so unknown anyway and may change. I mean I don't know what I'm going to do two years from now because things just keep shifting in my life and I keep growing and I keep learning and I think that's what's exciting about it. And if I keep putting off living now for what I think I want in the future. I'm never going to do it. So I just need to keep reminding myself. And I especially would remind my younger self to enjoy life now find the pleasure find the joy in life right now.
3605 - 3622 Brad Barrett Yeah that is brilliant advice. And while I think that's a perfect stopping point we do have one last bonus question which is what's your favorite purchase that you made on Amazon.com last year. And you know if not Amazon because of where your travels have taken you what's your favorite purchase in general in the last year.
hotseat-purchase
3622 - 3685 Brandon Pearce Yeah. Amazon is good for for some countries but in others it's hard to get a lot there. My favorite purchase is actually a maverick pro drone. I absolutely love this drone. It folds up into what is it first of all I've had a few drones over the years I tried. I love photography as I go about traveling and video. But most of them were just junk you know the cheaper ones I bought this is a really high quality made by a company called DJI which is like the leader in drone manufacturers and this maverick Crowe is a very compact travel drone the legs fold in and you can put it in this little pouch. They've never even asked me about it. Security surprising I've been through dozens of airports where they asked me to take out my laptop and my camera but they never even questioned the drone funnily enough. And drones are a little harder to use I think in a lot of countries where there are laws that are more strict like the United States but in places like Mexico or Indonesia or places like that you can fly quite freely. And I've got some wonderful footage that I've been using in a lot of it for projects so get excited about that. I'm loving that purchase.
travel
3685 - 3705 Jonathan Mendonsa That is just such a coincidence. But literally the latter like I've never heard anybody mention a drone before on the show but the last person that we interviewed that was their favorite purchase as well was a drone. But as an aside I'm just curious like like how long does your battery last in. Practically speaking does that mean that you have a shoot in mind and you do 15 minutes and you get to put it back or. How does that work.
3705 - 3709 Brandon Pearce I purchased three batteries each one lasts about 20 to 30 minutes depending on how you're flying.
3709 - 3710 Jonathan Mendonsa OK.
3710 - 3726 Brandon Pearce So I mean you can usually get enough in one battery or sometimes two depending on what I'm doing as far as having a shoot in mind. It depends. Sometimes I'll just see something beautiful and I'll just want to capture it and I don't know when I'm going to use it. Other times yes I want a specific piece of footage and I'll go shoot it.
3726 - 3735 Jonathan Mendonsa That also makes me think that you have you're more involved with this documentary than just being a producer like. Is this a part of the photography for that documentary.
3735 - 3768 Brandon Pearce Actually no we're working with a professional production house in the U.K. and also a former producer from National Geographic on this film. So I'm more involved in the production management side rather than the the filming side although I may help with some of the cameras we're using a much higher quality cameras and these that I've been using. But I mean actually for a teaser trailer we're using a lot of my footage because we haven't shot anything else yet but so yes I'm sure some of my drone shots are in that are in that teaser trailer mostly my footage has been for for personal stuff for my blog for for a family adventure summit.
3768 - 3782 Jonathan Mendonsa Well you can hear my enthusiasm around the idea I think my wife is worried that I'm going to come home with a drone at Christmas time. But definitely they've suddenly captured my fascination in 2017. Hey Brandon thank you so much for coming on the show with us today. This has been so much fun.
3782 - 3784 Brandon Pearce Awesome. Thank you so much guys. It's been a blast.
3784 - 3785 Jonathan Mendonsa On our side as well.
3785 - 3787 Brad Barrett Thank you. Very nice to meet you. Brandon This is awesome.
3787 - 3790 Brandon Pearce Yeah. And I'm going to listen to your podcast and loving what you guys are putting out.
3790 - 3832 Jonathan Mendonsa And you know thank you so much I mean Brad and I were both thinking this entire time. How our two communities how much they actually have in common and it's almost like your community is the progression of our community right. I mean once you've broken the hamster wheel and you no longer are tied to your 9-5 what comes after fi and many people say to themselves well once I'm retired or once I've achieved a certain level of financial success then I'm going to travel the world and I think it's really cool to see this entire group of people that have really developed and polished this idea. And again it goes back to everything that we're talking about lowered the barrier to get started on that journey you know.
travel
3832 - 3872 Brandon Pearce Right. Right. And you know what else is something I probably should have pointed out I think even financial independence can be an excuse because there are so many families who are still just there just working a remote job or there they haven't reached by yet but they're out gaining their financial independence while they're traveling they're not waiting until they get it before they go out. So I think it's a decision that can you can make it any time. But it does you know there are lots of different considerations. There's definitely some advantage to getting financially stable before you go out. But there are families who like I and I don't think I could do it this way that you completely wing it. And then like they're making nothing practically. But they're out there traveling the world with their families and making it work and living amazing lives. So I don't think even finances have to hold you back.
families, travel, workfromanywhere
3872 - 3879 Jonathan Mendonsa I guarantee you someone in our audience will not be at FI and hear this and decide to go and pull the trigger and a gap will become a gap life.
3879 - 3881 Brandon Pearce Awesome. That'd be so cool.
3881 - 3887 Jonathan Mendonsa All right buddy. They know how to reach out to you. So we'll definitely be sending people your way. Thanks so much for coming on the show today you have a wonderful week.
3887 - 3888 Brandon Pearce Thank you. You too.

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