CHAPTER 16 A Recipe for a Big Life Flashcards
(69 cards)
What degree did the author graduate with from Michigan State University?
Business degree
Which city did the author move to after graduation?
Tempe, Arizona
How long did it take the author to drive from Michigan to Arizona?
Four days
What town did the author stay in on the way to Arizona?
Durango, Colorado
What was the author’s initial reaction to the idea of living in Durango?
Ludicrous idea
What pattern did the author feel was set for their life?
Go to college, find a good job, work at that job for the rest of life
What strong desire did the author have since childhood?
To own a business
What did the author realize about their fit in the corporate world?
Didn’t fit in; was a round peg in a square hole
What significant life change did the author make after leaving the corporate world?
Became a stay-at-home dad
How long ago did the author and their family move to Durango?
20 years ago
What type of business does the author operate?
100 percent online business
What geographic constraints does the author’s business have?
None; can work anywhere with Internet
What activities does the author enjoy in Durango?
Skiing, mountain biking, river trips
What was the author’s first step in building a business?
Creating an ideal life vision
What did the author do after creating their vision for the future?
Wrote it down
What does the author suggest you include in your ideal life vision?
Income, lifestyle, relationships, material things, travel experiences
True or False: The author believes there is a right or wrong way to create your ideal vision.
False
What is one key element for success according to the author?
Creating value and getting paid for it
What skill does the author consider the most important for business success?
The ability to market and sell
What concept from Stephen Covey does the author reference?
Sharpen the saw
What analogy does the author use to emphasize self-care?
A million-dollar racehorse
What are some activities the author suggests for maintaining well-being?
Healthy eating, enough sleep, exercise, meditation
What does the author mean by ‘the Himalayas’ in entrepreneurship?
The highs and lows in business are more extreme
What should entrepreneurs do to manage their mental states during tough times?
Have a list of activities that uplift them