Derek Sivers and the Art of Enough
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Derek Sivers and the Art of Enough
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Re: Derek Sivers and the Art of Enough
#2Re: Derek Sivers and the Art of Enough
#3Does anyone else find it frustrating when people talk about not working too hard and already having enough, after they have become wealthy?
Re: Derek Sivers and the Art of Enough
#4Does anyone else find it frustrating when people talk about not working too hard and already having enough, after they have become wealthy?
For mortals like us, we have to be smart, work hard, persevere, etc. Life is a journey that I must do to my best ability.
Re: Derek Sivers and the Art of Enough
#5Does anyone else find it frustrating when people talk about not working too hard and already having enough, after they have become wealthy?
Derek has worked in a circus and knows how to live cheap enough. He also has lots of friends so he does not need to pay for lots of things.
I know people that earn in excess $10.000/month and spend it all or even get into debts.
Re: Derek Sivers and the Art of Enough
#6Does anyone else find it frustrating when people talk about not working too hard and already having enough, after they have become wealthy?
Derek did not became wealthy. He gave the $22 million dollars he got from selling his company to a fund, and gets over $1000 each month, hardly "wealthy". Derek has worked in a circus and knows how to live cheap enough. He also has lots of friends so he does not need to pay for lots of things. I know people that earn in excess $10.000/month and spend it all or even get into debts.
Re: Derek Sivers and the Art of Enough
#7But if you shoot for "enough", there is a very definite point between "more than enough" and "not enough".
It's a nice goal to shoot for. When you are above "enough", it means you can relax and enjoy life.
Re: Derek Sivers and the Art of Enough
#8Earlier quoted context omitted.
Derek did not became wealthy. He gave the $22 million dollars he got from selling his company to a fund, and gets over $1000 each month, hardly "wealthy". Derek has worked in a circus and knows how to live cheap enough. He also has lots of friends so he does not need to pay for lots of things. I know people that earn in excess $10.000/month and spend it all or even get into debts.
$22 million dollars is not "hardly wealthy". It's filthy rich.
Re: Derek Sivers and the Art of Enough
#9Does anyone else find it frustrating when people talk about not working too hard and already having enough, after they have become wealthy?
Derek did not became wealthy. He gave the $22 million dollars he got from selling his company to a fund, and gets over $1000 each month, hardly "wealthy". Derek has worked in a circus and knows how to live cheap enough. He also has lots of friends so he does not need to pay for lots of things. I know people that earn in excess $10.000/month and spend it all or even get into debts.
>Derek Sivers transferred ownership of his company to a charitable remainder unitrust for music education, and had the trust sell it to Disc Makers. This agreement requires the trust to pay Sivers 5% of the trust's value annually (hypothetically $1,100,000 pretax, based on a sale price of $22 million as reported by Sivers)[4] until death, while upon death the remainder will ultimately go to charity.
So he actually earns around $90k per month. The foundation was also probably a tax dodge more than some altruistic thing.
Re: Derek Sivers and the Art of Enough
#10Does anyone else find it frustrating when people talk about not working too hard and already having enough, after they have become wealthy?
(Yeah, I'm joking)