August 8, 2008

What I Did During My 7 Weeks Off

  Pete&Kelly on beach.JPG  Pete&Kelly-Marina.JPG

Wow, it’s been quite a while since my last post back in June!

Here’s why I haven’t posted a single article or created any new content on this blog or any of my other websites…

I took a mini retirement!

If you are familiar with Timothy Ferriss’s book ‘The 4-Hour Work Week’ you’ll understand where I’m coming from.

If you haven’t read the book then;

1. I highly recommend you do read it because it is absolute ‘must read’ and..

2. It basically means I’ve been away to different places and taken a long holiday (mini retirement) - 7 weeks off to be precise!

The most I did was to check my emails every now and again and reply to the odd customer support query. The rest of my time I spent in Southern Spain, Gibraltar and moving into my new beautiful home back here in the UK.

That’s the real beauty of running an online business that is mostly 100% automated. It allows you freedom to take time out to do the things in life you really want to do or need to do.

Since I went full time with my internet business in April 2006, this is the first occasion I’ve taken so much time off. But the experience has been beneficial in so many ways…

As well as traveling and moving into my new home, I also took the time to re-evaluate my internet business and decide what I really wanted to concentrate on in the future.

I made some big decisions and drew up a new ‘life plan’ i.e. where I want to be in 5 years time, doing what, etc.

Now I feel totally refreshed and eager to get started again! I’m just bursting with new energy, new ideas and new projects.

I also read a couple of great books that were recommended to me by other successful entrepreneurs.

That sounds quite a flippant statement ‘just read a couple of books’ because if you know me you’ll know it takes me ages to read a book … I’m talking anywhere from 6 months to a year!

But before I took my time off I made a pledge to myself to read at least 1 book from cover to cover before I returned to my business.

Well I not only read 1, I read one and three quarters! Just got 1 more chapter to read on the second!

The first book I read was 'The Magic Of Thinking Big' by David J. Schwartz. What a great book! I just couldn’t put it down and urge you to read this book as soon as you can.

I’m not going to turn this post into a book review (although I will write a review for you soon) but just trust me when I say “go and read it now”.

The second book that I’ve nearly finished is 'The E-Myth Revisited' by Michael E. Gerber. This has been a really enlightening read. The author explains the reasons why 80% of small businesses fail in their first 5 years and what you can do about it.

Again I’ll write up a review later, but it is another book that should be high up on your ‘to read’ list.

Even though I’m now back into the swing of things, I’m still going to read as many new books as I possibly can. In the future I want to be like those people you here about with a big library full of great books! (I have half a shelf so far!)

There’s a saying I heard somewhere that went “Rich people have big libraries, poor people have big TV’s.”

Obviously taking 7 weeks off is not an option to most people, especially if you work for someone else. But you can do something similar with just a few days off.

Spend some real quality time evaluating your business. How you see it progressing, if you really enjoy what you’re doing, if not, what would your ideal online business look like?

Take a broad look at all the aspects of your business. You may find that you are very happy how it’s going. You may think of some great ways to improve it. Or you may just decide to ditch the whole lot and start something new.

There’s nothing wrong with ripping up everything you’ve done up until now and starting afresh.

Here’s why … you won’t lose the knowledge you’ve attained so far.

In this game knowledge is power and once you understand how something works you can easily duplicate it or adapt it in a totally new project.

Sure you may lose your subscriber list, but it’s really not difficult to build another. Your new business will grow faster and become more successful because you will be more committed and enthusiastic. 

Having time off work can do wonders to your energy levels and your sense of perspective.

But don’t take time off and sit around worrying that you’re not making any money.

Use the time constructively. Read some internet marketing reports you keep meaning to read. Read some self improvement books like the ones I’ve mentioned here. Re-evaluate your life goals if necessary. Just make sure you use the time positively.

DO NOT feel guilty for taking the time off. Otherwise there’s no point in doing so.

I became a little anxious half way through my break that I hadn’t updated my blog. I was worried that my readers would think bad of me and that I was being lazy etc. etc.

But these concerns were self inflicting. You gotta remember, no-one really cares about your blog, your website, your sales page 'to that extent'. (No matter who you are - including Seth Godin!)

Sure when you make a good post, people comment on it and it makes you feel good. But on the whole no-one's going to lose any sleep if you never appear online again!

It’s a harsh fact, but true all the same. Apparently it’s a good idea to keep posting at least once a week so you keep the relationship with your readers. Who says? I’m sure you don’t think anything less of me now? Do you?!

Also since I’ve been away, I’ve actually added a further 245 subscribers to my list!

So there you have it. I’ve been away for 7 weeks and I’ve had a fantastic time! I’ve read a couple of great books, re-evaluated my business strategy and my life goals.

Now I’m back and bursting with energy and ideas. I feel like I’m a child again on Christmas morning!

I have lots to share with you and hopefully you’ll enjoy my future posts.

Cheers!

~ Peter Tremayne

 

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Comments on What I Did During My 7 Weeks Off »

August 8, 2008

Mike @ 5:01 pm

Peter,

Great thoughts here. It's important to remember that taking a break is SO necessary. As I started out, I kept at the computer all the time, reading info, looking at other sites, trying to write content that I was going through the motions and really didn't get anything accomplished.

Now I regularly take breaks during the day, give myself a 3-day weekend and my productivity has increased. So thanks for letting us know what you've been up to and how it is so very important to our hectic lives.

Peter,
Good for you to have a break.Those of us who work to the point of ill health or worse can only be green with envy, but of course we should all take time our and make use of the new found free time to not only relax and re charge but also think about the future, learm something new and yes read more, watch more DVD's and find the time to be kind to the ones we love but so often leave alone too long in our quest. Money isn't everything, your best and most important assett is YOU and your good health is gold.

I am off on my break in Spetember 2008.
Cya
Jon- Avid Tech

Dirk @ 11:56 pm

I recently posted an excerpt from Tim's book on my little blog. check out it out if you like…
dirkmargheim.com
It is the most recent post. Don't judge my little site too harshly, I mainly put it up to learn wordpress. I use it to send nudges to my friends. Many of them benefited from this story Tim tells.

August 10, 2008

Matthew @ 7:57 am

Good job Peter! I am like you; it takes me forever to read a book. But, the benefits are unspeakable! Keep up the good work! Great thoughts on the vacation aspect returning like a child on Christmas morning. It's awesome when you can do that because it gives your team (if you work with one locally) a chance to get a "pump" in activity! Keeping a great attitude is key in being a leader. And your right, you should NEVER feel guilty about taking a vacation…or spending money on yourself!

August 12, 2008

yenimahalle tercume @ 2:32 pm

nice photos peter.

August 13, 2008

John Langston @ 1:52 pm

Hi Peter.

Good to hear from you again; thought you had already retired??

Glad you have enjoyed a great holiday; tan looks good!!
Who is the young lady?? Dark horse, you have kept this quiet?? We would like to hear more; when is the big day??

Yes, it is good to read these books, but finding the time is another thing!!

I was at Andrew Reynolds Bootcamp at the end of June; some 4,000 people there in Brighton.

All the best in your business adventures!!

John

Peter Tremayne @ 3:25 pm

Thanks for the comments guys! It really is good to be back working again.

@ Mike - Glad you can relate to my break also. I'm sure your 3 day week sounds bliss to the 9-5 workers out there!

@ Jon Avid Tech - You're so right about the importance of good health Jon. Whilst on my mini retirement I decided to concentrate a lot more of my time, keeping fit and eating right. (Obviously that was after I downed a beautiful bottle of red wine!!) But so far so good.

@ Dirk - Hey Dirk! That extract you put on your blog is one of my favorites from Tims book! A great idea to do that. Did you just scan the page in? Love the blog too. Great going!

@ Mathew - You're right about the amazing benefits to reading a quality book. I get a real buzz and extra 'drive' every few days from reading these type of self development and business books.

@ yenimahalle tercume - Thanks! :-)

@ John - Good to hear from you too my friend! The young lady in the photos is my girlfriend Kelly. It's her first appearance on The-Profit-Cub! How was Andrew Reynolds's Bootcamp? Did you learn some great stuff? What are you working on right now?

~ Peter Tremayne

September 7, 2008

Dirk @ 6:00 am

Hey Peter! Thanks for the nod. Yes, I scanned the pages in and knitted them together in an open source graphics program I use called paintdotnet.

I promised a friend I would post that excerpt after we discussed it, but I was too lazy to type it all out!

That story always helps anchor me in what is really important.

Keep up the good work.

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