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Published: Nov. 22, 2016, 4:24 a.m.

I just returned from a fantastic week at the annual Chautauqua\xa0event in Ecuador.

This was my second Chautauqua and just like last year, it exceeded all expectations.\xa0

It\u2019s amazing what can happen when you put a bunch of interesting, intelligent people in a gorgeous 17th century hacienda (located at the foot of an extinct volcano) for a week.

At this year's event, an attendee named Alan gave an impromptu presentation about why and how you should start a business and since it fit perfectly with the week's other discussions about financial independence and happiness, I knew I had to get him on the podcast.

Since leaving my job in August, I\u2019ve realized how important it is to have something meaningful to work on to fill the void after leaving your career so I think creating your own business is something everyone should consider.

A side business can not only help ease the transition to early retirement, it can reduce the pressure on your portfolio after you quit and it can even help you reach FI sooner so listen to today\u2019s episode to find out the right way to get started!

Highlights:

• Takeaways and surprises from the Chautauqua in Ecuador
• Why you should do work you love
• How NOT to start a business
• Why entrepreneurship doesn\u2019t have to be risky
• How to start a business for free
• The importance of selling your value before you create it
• Why you need to just get started