The Enough Number


Hey friend and welcome to the inaugural issue of Enough Pizza. The format and style are likely to change as I enjoy experimenting, but here’s what I have for now… I hope you like it!

Today I’m sharing an article written by my Twitter friend, Tyler King, called The Enough Number.

The enough number: What motivates you after you have enough?
In the early stages, every business needs to be focused on becoming profitable. But what happens once you have enough?
The enough number: What motivates you after you have enough?
In the early stages, every business needs to be focused on becoming profitable. But what happens once you have enough?

Here’s an excerpt:

“But if things go well, at some point you’re making enough money. You can pay all your bills, support a comfortable lifestyle for yourself and anyone depending on you, and save a bit of rainy day money so the business won’t be too fragile. What then? (…)

Should you try to become a billionaire? Maybe you should minimize the time you spend working so you can devote more time to family, friends, and hobbies. You could try to give your customers the most value possible, or you could focus on treating your employees as well as possible. Then there’s the question of your role in the community. Should you donate some of your proceeds to charity, invest in other startups, spend time mentoring students…the options are endless. (…)

The fact that so many businesses default to the “maximize shareholder value” mindset demonstrates both a significant structural problem with our culture, and a profound lack of creativity from entrepreneurs.”

My big takeaway

Tyler sharing his enough number and life motivations made me think about mine.

For now, I don’t know what my exact enough number is. I just know that I’m far from hitting it. Here are some of my considerations for determining my enough number:

I have no appetite to become a billionaire but would like a nice apartment, and the ability to afford nice holidays and fancy groceries and meals without worrying about the cost.

I’ve also been thinking about retirement, getting old, and what I want to do once I can’t take care of myself (I don’t plan on having kids). I don’t know what the world will look like in 50 years, so I don’t have a good answer for this yet. But saving enough money to retain optionality on this front is important.

Finally, I want a lot of free time and the freedom to explore whatever I’m interested in. Thankfully, I’ve mostly achieved this latter part already and feel constantly grateful for that.

Thanks for reading!

If you have an enough number, I’d love to hear what it is and how you came up with it. Just reply to this email or comment below if you’re reading this on the blog.

Seeya next Monday,

Lesley

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