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b'ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode\\n\\n\\n\\n\\n\\n\\n\\n\\n{"@context":"http:\\\\/\\\\/schema.org\\\\/","@id":"https:\\\\/\\\\/onproperty.com.au\\\\/fisherman-story-4-hour-work-week\\\\/#arve-youtube-q5enuaxh0ac659a0b2d3d3e0740575465","type":"VideoObject","embedURL":"https:\\\\/\\\\/www.youtube-nocookie.com\\\\/embed\\\\/q5enuaXH0Ac?feature=oembed&iv_load_policy=3&modestbranding=1&rel=0&autohide=1&playsinline=0&autoplay=0"}\\n\\n\\n\\n\\n\\nThe Mexican Fisherman story, which I originally read in the 4 Hour Work Week by Tim Ferris, completely changed the way I viewed wealth and financial freedom.\\nResources Related To This Episode\\nThe 4 Hour Work Week By Tim Ferris\\n\\n2 Properties To Financial Freedom\\n\\n3 Stages Of Property Investing\\nTranscription:\\nToday I want to share with you a little story that completely changed the way that I view business and the way that I viewed life. It was extremely impactful for me and that\'s why now I live a pretty conservative life. I focus on lifestyle and enjoyment. I focus on spending time with my family and with my friends and being creative and just loving life rather than striving for extreme well. So this was this story that I\'m going to share today was hugely the defining for me and it comes from the four hour work week by Tim Ferris. If you haven\'t read it yet, I will leave links in the description down below or you can go to on property.com forward slash four hour and that will link through to the book. This story comes from that and I just think it is a great way to look at life and to look at finances as well.\\n\\nSo the story\'s called the Mexican fisherman and American banker was that the peer of a small coastal Mexican village. When a small boat with just one fisherman docked inside the small boat with several large yellowfin tuna, the American complimented that Mexican on the quality of his fish and asked how long it took to catch that. The Mexican replied only a little while. The American then asked, why didn\'t he stay out longer and catch more fish? The Mexicans said he had enough to support his family\'s needs but the American than us, but what do you do with the rest of your time? The Mexican fisherman said, I sleep late. Fish a little play with my children. Take css with my wife, Maria, stroll into the village each evening where our sip wine and play guitar with my Amigos. I have a full and busy life. The American scuffed.\\n\\nI\'m a Harvard Mba and can help you. You should spend more time fishing and with the proceeds, buy a bigger boat with the proceeds from the bigger boat. You could buy several boats and eventually you\'d have a fleet of fishing boats. Instead of selling your catch to a middleman, you\'d sell directly to the processor. Eventually opening your own cannery. You control the product processing and distribution. You would need to leave this small coastal fishing village and moved to Mexico City, then La and eventually New York City where you\'ll run your expanding enterprise. The Mexican fisherman asked, but how long will that take to which the American replied, 15 to 20 years, but then what? Ask the Mexican. The American laughed and said, that\'s the best part. When the time is right, you will announce an IPO and sell your company stock to the public and become very rich. You would make millions, millions.\\n\\nThen what the American said. Then you would retire. Move to a small coastal fishing village where you would sleep late. Fish a little play with your friends or play with your kids. Take css with your wife, stroll to the village in the evenings where you could sit wine and play your guitar with your Amigos, and so that fisherman story, the Mexican fisherman story had a huge impact on my life and the way that I saw wealth and just that line there. That is you could make millions and then the Mexican fisherman says millions. Then what in the outcome was the exact life that he had. It\'s just crazy to think about that. There\'s so many of us.'