This is a photo of my backyard where I now live in Cairns.Yes it's on a golf course, but I dont play golf....yet!
However I would like to share with you a story about my inspiration to slow down, reassess, and get real about how to live life.
An investment banker was at holidaying up here in Port Douglas and ventured down to the pier when a small boat with a fisherman docked. Inside the boat were several large coral trout and crayfish. The banker complimented the fisherman on the quality of his fish and crayfish and asked how long it took to catch them.
“Only a little while" said the fisherman. The banker asked him “Why didn’t he stay out longer and catch more?”
The fisherman replied saying that he had enough to support himself and his family’s immediate needs.
“But what do you do with the rest of your time?” quizzed the banker.
“I sleep late, fish a little, play with my children, take a rest with my wife, stroll into the town, play a little golf, go do 4WD in the Daintree, play guitar, stroll around the markets here on Sunday’s and have a drink/BBQ some evenings with my mates and their families. I have a full and busy life.” said the fisherman.
Seeing an opportunity to help the banker said “I hold an Institute of Management MBA and could help you".
"You should spend more time fishing and with the proceeds, buy a bigger boat". The banker said.
"With the proceeds from the bigger boat, you could buy several more boats. Eventually you would have a fleet of fishing boats. Then instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own crayfish and seafood cannery".
The banker went on."You would control the product, processing, and distribution. However you would need to leave here and move to the city then probably multiple cities around the globe from where you will run your expanding enterprise for both tax and cots reasons.”
The fisherman asked, “How long will this all take?”
To which the now enthusiastic banker replied, “About 15 – 20 years.”
“But what then?” Asked the fisherman.
The banker laughed and said, “That’s the best part. When the time is right you would announce an IPO and list your company stock to the public and become very rich, you would make millions!”
“Millions – then what?”
The banker said, “Then you would retire!". "Move to a place like here at Port Douglas where you can sleep late, fish a little, play a little golf and your kids, rest in the afternoons with your wife, stroll into town in the evenings, or walk the local markets, play with your guitar, go 4WD, have time for a drink/BBQ during the evenings with your mates and their families.
And the fisher man smiled back at the banker and wished the him a good day and all the best on his holiday here in paradise!
Here are some tips I apply in my life!
About Peter Horsfield
Peter Horsfield in an Authorised Representative and Investsure Holdings Pty Ltd ABN 16 050 286 630 as trustee for Horsfield Family Trust ABN 55 609 068 513 is a Corporate Authorised Representative of Infocus Securities Australia Pty Ltd ABN 47 097 797 049 AFSL and Australian Credit Licence No. 236523.