I know a lot of people who make an extraordinary amount of money, but few people who are rich. Rich is having passive income greater than your burn.”
– Scott Galloway
I love the simplicity of this definition (passive income > burn) but think it’s a better description of financial independence than rich.
Your financial independence boils down to just a couple of numbers. Here are mine:
What do these numbers mean? Where do they come from?
Our work dramatically changed these past few years. How we manage our careers needs to change, too. One low-risk strategy: go employee > freelancer.
Moments in time show us how fragile our futures are with one source of income. Earning multiple sources of income is a superpower. Start with consulting.
I spoke to over 20 people about how they navigated the middle of their careers. The people I spoke to ranged from product managers to C-suite executives. All were unique in their circumstance but shared common themes in their approach.
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