![]() When I originally did this, my number was $2,600. It's helped countless people travel the world, spend more time with family, volunteer more, and make more.įreedom Number = The amount of money each month you needįreedom number = (Rent + food + extravagance + money to support dependents) - money made from enjoyable activitiesīe honest with yourself, but figure it out. I've taught this equation to thousands of students in the Online Trainer Academy, which teaches people how to build an efficient and scalable online training business. Its basic premise will help you figure out how much money you actually need each month to live and ensure your dependents are looked after. The purpose of this equation is to put fear aside. I call it the "Freedom Number" equation. I'm going to share with you an equation that was passed on to me by my mentor Tom. " If you wish to put off all worry, assume that what you fear may happen is certainly going to happen." - Seneca You're feeling it because you don't know how much money you need each month, and so leaving the job you have is a scary proposition. The way to fight fear is to make the unknown known. Fear most commonly stems from the unknown. In this scenario, I can't tell you what to do, but I am happy to share what I did in the hopes that it gives you some guidance.įear-what you're feeling now-is not a logical reaction to a series of events. What are the best steps I can take to challenge those fears I have bubbling in my head of leaving this job for something less "stable"? I'm struggling to step away from my part time job that gives me stability and a biweekly paycheck that I know and expect. What was your biggest challenge as a trainer? And how did you overcome it?.How do I make myself more appealing than all of the other trainers in my area to build my clientele?.What are the best steps I can take to challenge those fears of leaving a stable job for something less "stable"?.In this month's The PTDC Mailbag, I answer the following questions: And so, I present to you The PTDC Mailbag, a monthly feature where I'll throw together a mixed bag of your questions and answer them more in-depth. Rather than just hitting reply and having it exist as an email response that only one person could see, I want to share my fully thought-out responses with you, the wider The PTDC community.
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