My Worst Investment Ever Podcast
Business:Investing
BIO: Gabe Marusca, known as The Nomad Solopreneur, is a location-independent marketing strategist who established Digital Finest as a solo founder.
STORY: Gabe spent 20 hours working daily for over a year trying to make as much money as soon as he could. This caused his body to shut down, and he developed a chronic disease.
LEARNING: Pay extreme attention to your body. Having a long-term vision and patience is more sustainable than trying to gain fortune overnight. Stop putting too much time into the things that don’t matter.
“When your calendar is full and you don’t have time for yourself, you become frustrated and feel unfulfilled. Then everyone will suffer, starting with you.”Gabe Marusca
Guest profile
Gabe Marusca, known as The Nomad Solopreneur, is a location-independent marketing strategist who established Digital Finest as a solo founder. When he’s not helping solopreneurs get more leads from their websites, you can find him swimming in the ocean, hiking through tropical forests, or interviewing remote solopreneurs around their business model on The Nomad Solopreneur Show. In his spare time, he writes a weekly newsletter with the same name that follows his mission to help 10,000 aspiring solopreneurs build location-free one-person businesses.
Gabe offers an exclusive Free Landing Page Review for My Worst Investment Ever listeners.
Worst investment everFor almost a year, Gabe slept only four hours a day in a bid to make enough money to make ends meet. He’d often find himself working in poor conditions. At one point, he was working with one of his legs in a bucket of ice because he’d had a minor football accident and couldn’t take a day off to recover.
At the time, Gabe had a side hustle and a full-time job. He’d wake up every day at 3 am, work on his side hustle until 6 or 7 am, then commute to his full-time job and stay there for eight hours. Gabe would then go back home, study for one hour, and start working again on his business. He was eating at his work desk, not exercising, and had no social life. This caused his body to act out, but Gabe ignored it and kept on hustling. Gabe believed he was healthy and had the energy to keep going. All that overworking made him feel worse, and he developed a chronic illness.
Lessons learnedWhen planning your calendar for the next week or the next day, put that activity that fills you with energy and joy first. Block your most active hours with essential things, and all the others will start to add on.
Gabe’s recommendationHabe recommends reading the book When the Body Says No. It will change the way you act and how you take care of yourself.
No.1 goal for the next 12 monthsGabe’s number one goal for the next 12 months is to reach 10,000 aspiring solopreneurs through the Nomad Solopreneurs show and newsletter and help them build successful one-person businesses without feeling overwhelmed and unfulfilled.
Parting words“Tell me how you spend your time, and I’ll tell you how successful you are.”Gabe Marusca
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Connect with Gabe Marusca
Igor Yelnik – Think About Non-Market Risks
Bogumil Baranowski – Be Careful With Businesses in Secular Decline
ISMS 17: Larry Swedroe – Do You Project Recent Trends Indefinitely Into the Future?
ISMS 16: Top 5 EM Country Interest Rates – Normal China Yield Curve
ISMS 15: Top 5 DM Country Interest Rates – Steep US Inversion
ISMS 14: Regional Interest Rates - Low in Asia, Egypt and Frontiers on Fire
ISMS 13: Global Interest Rates - Hikes Slow, Inversion Signals Recession
Peter Ricchiuti – Don’t Fall in Love With a Stock
Jason Hsu – The Market Can Be Crazy for Longer than You Have the Conviction
Shreekkanth Viswanathan – Qualitative Strengths of a Company Matter Too
Jeremy Kokemor – Tread Carefully When Investing in Metals and Mining
Paul Hodges – There’s No Substitute for Judgment
Amy Minkley – What Is Your Enough?
Benjamin Claremon – Know What Kind of Investor You Are
Edward McQuarrie – Never Ever Sell Naked Calls
ISMS 12: CPI Racing Across the Globe
ISMS 11: US Banking Crisis and Fed Rate Cut
ISMS 10: US CPI Could Decline to 4% By YE23; Unless QE Revs Up
Michelle Leder – Read the 10-K Before You Buy That Stock
ISMS 9: Saving Silicon Valley Bank Brings New Risks
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