Are you building your online business and dealing with the ups and downs?
In today’s episode, we continue our conversation with Rick Mulready to see how he handled his corporate escape.
Now that Rick had to manage his whole day, he had a lot to figure out.
Hear how he created routines to stay productive while not overworking and beating himself up.
You’ll learn that Rick is still working on this, like many of us. I know I continue to work on this everyday of the week.
Click this link to send a thank you tweet to Rick!
As entrepreneurs, working on your business all day and night is unhealthy. Creating systems and schedules to make sure your calendar doesn’t own you is critical. I love Rick’s transparency in this ongoing journey.
A big takeaway for me is the effort needed to surround yourself with likeminded people that will help push you to the next level. Rick and his wife, Amy, moved to San Diego to be with close friends that were working on similar things.
You’ll learn that as an entrepreneur, we need to be able to “turn off” and not always talk about our business as it could have negative impacts on your relationships and even marriage. I know this is something I deal with to this day and Rick and I share some stories about our learnings on this as well.
Listen to our casual conversation as he shares all this and more as he continues to grow his Facebook marketing business.
Listen To Part 1 Of Rick’s Story
- LC 009: Paying Off $70k In Debt To Prepare For The Corporate Leap With Rick Mulready – Part 1
Words From An Escape Artist
- “Have faith in yourself more” Tweet this
- “Keep doing what you’re doing. It got you here” Tweet this
Rick Mulready’s Escape Path:
- Started at AOL selling online advertising
- Laid off and moved to LA
- Started working at Yahoo
- Got laid off from Yahoo but it was the best thing possible
- Went to Vibrant Media and got to build out LA office
- Gets phone call from Funny Or Die with job offer for more money
- Took job with Funny Or Die (the entrepreneurial itch started)
- Facebook started offering advertising and started dabbling on the side teaching himself
- Wanted to work for himself and create his own schedule
- Went back to Vibrant Media as Director of Sales
- Set a rough deadline for when he was going to leave on his own terms but had to get out of debt
- Used his quarterly sales commissions to pay himself out of $70k in debt
- Was looking for $100k in savings to feel safe about taking the leap
- Still dabbling consulting for clients on the side managing Facebook Advertising campaigns
- Hired a coach
- Turned down an amazing opportunity knowing he was on the path to leave his job
- Rick takes the leap to start his Facebook Advertising business full-time!
Resources and Links Mentioned:
- Rick Mulready’s site
- The FB Advantage
- Rick’s Podcast
- Man vs Debt
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