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About This Episode
Episode 66 - Time-tested money-making hack…
Date: February 3, 2023
DESCRIPTION:
Do this six days a week until you die, and you're guaranteed to be rich! Nathan shares what he started doing at 5 and hasn't quit doing since. Don't delay! Start today!
RELEVANT LINKS:
- Boomers, Generational Divides, & Fitness with Michael Foster: https://open.spotify.com/episode/2Vts52XzNGL4qQxbInbZc5
RELATED EPISODES:
- Ep. 38 | Just Move! (and more steps to better health): https://www.spearing.co/fitness/just-move-and-more-steps-to-better-health
- Ep. 39 | Demystifying Starting a Small Business (Easy Practical Steps): https://www.spearing.co/entrepreneurship/starting-a-small-business
NATHAN'S WORK HISTORY:
- Age 5: Started cutting middle of yard for $4
- Age 6-7: Cut neighbor's yards for $15/week
- Age 13: Helped dad add 1700 sq ft to house, earned $1.50-$2/hour
- Age 14: Work permit, started working at dad's software company
- Age 15-16: 5am swim practices, school, work 18-20 hours/week
- Junior year: Quit swimming to focus on work (dad's advice)
- Enlisted Army: First paycheck was $1,356.90
- Age 26: Bought first house for $165,000
- Since then: Added value to every property, built construction and real estate businesses
KEY PRINCIPLE:
"Six days you shall labor. And one day is a Sabbath and a solemn rest unto the Lord."
TOPICS COVERED:
- Developing work ethic from young age
- Working 10+ hours a day, 6 days a week
- Teaching sons to work (digging 280-foot trench)
- Dad's advice: quit swimming to focus on making money
- Building real estate portfolio through sweat equity