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 yellowfin 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 replied, “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 have 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 and 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 then 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.”
What are YOU working towards in 2019? Me? I'm learning to slow down and enjoy each day as it comes.
Kristen "Learning to Slow Down in 2019" Marks
P.S. Check out the latest video I’ve posted on our website to learn how to avoid ten common estate planning mistakes to save your family time, money and headaches when you’re gone.