BOOK DETAILS

The End of Jobs: Money, Meaning and Freedom Without the 9-to-5

The End of Jobs: Money, Meaning and Freedom Without the 9-to-5

by Taylor Pearson

ISBN: 9781619613355

Publisher Lioncrest Publishing

Published in Business & Investing/International, Nonfiction

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Book Description

The rapid development of technology and globalization has changed the leverage points in accumulating wealth: money, meaning and freedom.

Those that don’t adapt are becoming trapped in the downward spiral of a dying middle class - working harder and earning less.

Entrepreneurs that understand the new paradigm, have created unprecedented wealth in their lives and the lives of those they love.

Sample Chapter

INTRODUCTION

“It’s only when the tide goes out that you learn who’s been

swimming naked.”

– Warren buffett

 

“Hello sir, you want special massage?” A pretty Thai girl smiled

as she framed the spa menu between slender arms.

A hundred feet ahead, wearing Croc lip lops, cargo shorts, a

San Miguel tank top, Dan Andrews didn’t look like a typical

multinational company Ceo. Then again, no one at the Dubliner

bar table it the bill. I had just started working with Dan

to manage the online marketing for a portfolio of eCommerce

stores he owned with his business partner, Ian.

Next to him was Travis Jamison. 6' 4", a former bodybuilder

in a white v-neck and itted jeans with brown leather oxfords,

Travis ran two multinational businesses—one manufacturing

supplements, and the other selling online marketing services.

The trio was completed by an American woman. Curly haired

with a bright Balinese skirt, whiskey in hand, head cocked back

in a laugh, Elisa Doucette ran a content editing business for

writers and authors.

They all turned to me as I approached the table. “Welcome

to Asia,” Dan nodded.

“Thanks,” I replied gratefully.

The waitress walked up to the table, “You want drink?”

“Whiskey.”

As she turned to leave, Dan informed me: “We were just

talking about the conference this weekend. We’ve sold out.

There are going to be seventy-five entrepreneurs coming.”

The way he said it, you would have thought he was announcing

U.S. gold medalists. A whole seventy-ive people at a business

conference.

It was by far the smallest business conference I’d ever heard of.

As the night wore on, more conference attendees trickled into

the Irish pub.

There was Jimmy who, with his partner Doug, was working to

start a company selling travel gear. The pair of Kiwis had met

 

at an exchange program in Canada and, over a North American

road trip, agreed to alternate short-term stints at jobs

and living of of savings, working to launch their company. At

the time Doug was still at his job in New Zealand and Jimmy

was fresh of the plane from the Philippines where he had

been working on sourcing moisture wicking, wrinkle-resistant

dress shirts.

Jesse Lawler, who had spent his twenties living in Los Angeles

directing independent ilms, had given up trying to raise

money for movies, taught himself to code, and started doing

freelance software development building iPhone Apps a

year earlier.

Dan Norris had a year’s worth of savings from selling his web

design company, and was in the process of building a software

startup, Informly, designed as an all-in-one dashboard

for online businesses.

What was going on? I’d read popular books like The 4-Hour

Workweek about entrepreneurship. I even had some friends

freelancing or running small companies. But I didn’t quite

get it.

Two years later, in 2014, the small conference had grown by

400%, from seventy-ive to three hundred entrepreneurs.

I had been managing a couple of Dan and Ian’s businesses.

I had grown the eCommerce business, which sold fold up,

portable bars to caterers and hotels, by 527% over the same

two-year period that wages for jobs in the U.S. were growing

0.5% per year.

Jimmy was back, and Doug had quit his job in New Zealand.

The travel shirt idea had been put on hold—getting shirts

custom tailored in the Philippines is easier said than done.

Instead, they had raised $341,393 through a Kickstarter campaign

for their Minaal travel backpack at the end of 2013 in

just thirty days, so they’d shifted focus to the faster growing

product line.

Jesse Lawler was back. His freelance software development

had grown from a one-man show into a software development

agency for iPhone Apps, run from his house in Vietnam. In

between drinking coconuts, he was funneling the proits from

his agency into building his own product suite and hosting a

podcast about smart drugs used for cognitive enhancement.

Dan Norris was back. He had spent nine months and nearly

his entire savings trying to build Informly. Two weeks before

he needed to get a job to support his family in Australia, he

had launched WP Curve, an outsourced service for software

development, on pace to do over a million dollars in revenue

in 2015.

It’s hard to square these two-year stories with the stories of

my friends from college over the same period.

Back in Columbus, Max had graduated with me and was working

at one of the bigger accounting irms in town. He was

anxious in the wake of his two-year performance review. He’d

placed third out of ive in his department despite working

 

ifty- and sixty-hour weeks in the months leading up to tax

time in April. He felt grateful for the 3% cost of living raise

he’d gotten each year. His girlfriend’s parents were proud. He

was “putting in his time.”

Julian had gotten into one of the nation’s top law schools. He’d

done well and, as a result, had already gotten a position with a

top San Francisco law irm. Like most people starting a career

in law, he was planning to spend the next three to ive years

working long hours, sometimes eighty- to one-hundred-hour

weeks at the irm, to build a reputation and pay of his student

loans. He eventually wanted to start a family and hoped to

move to a smaller, more afordable city where he could take

a position with better work-life balance.

Marie had gotten into medical school straight out of college

and was in the process of choosing her specialty. She’d always

wanted to be a family practitioner, but Medicare and insurance

reimbursements for primary care doctors like family

medicine and internists had dropped so low, she feared there

was no way she could pay back the loans and make a decent

living. Instead, she’d opted for Anesthesiology, ingers-crossed

that reimbursements wouldn’t continue to fall for specialist

physicians.

What was going on? What’s the diference between my friends

from college and the three hundred entrepreneurs now emigrating

to Bangkok in lip lops?

From the outside looking in, both groups were intelligent and

hard working. Why was one group living in fear of the threat

of job loss, unreasonably long hours, and shrinking wages,

while another was so overwhelmed by new opportunities they

don’t know what to do?

Two years after I’d irst shown up in Bangkok, I inally got it.

 

WHAT’S YOUR SECRET?

 

“If you do things that are safe but feel risky, you gain a

significant advantage in the marketplace.”

– seth godin

Multi-millionaire investor Peter Thiel begins every interview

with companies he’s considering investing in with the same

three questions:

What’s your secret?

What important truth do very few people agree with you on?

What do you believe that is both contrarian and correct?

What Thiel and the group in Bangkok understood is based on

an old axiom from Archimedes over two thousand years ago:

“Give me a lever long enough and a fulcrum on which to place

it, and I shall move the world.”

Any system, be it a mechanical one with a literal lever and

fulcrum or a more complex one like your career and life, has

leverage points. Despite pushing just as hard, sometimes your

work is rewarded greatly, and sometimes not.

What separated my college friends from the entrepreneurs I

was hanging out with?

Turns out, not that much. Both groups were ambitious, smart,

and pushing hard.

After interviewing, speaking with, and working with hundreds

of people on both sides, the diference then became clear:

The secret—a more strategically placed lever and fulcrum.

 

THE NEW LEVERAGE POINT

 

The rapid development of technology and globalization has

changed the leverage points in accumulating wealth: money,

meaning and freedom.

The social and technological inventions of the past one hundred

years have brought us to the “End of Jobs” while making

entrepreneurship safer, more accessible, and more proitable

than ever.

Globalization is not just continuing—it’s accelerating. In 2020

there will be 40% more 25–34 year olds with higher education

degrees from Argentina, Brazil, China, India, Indonesia, Russia,

Saudi Arabia, and South Africa than in all oeCd countries

 (a group of 34 countries primarily in Western Europe and

North America).

Not only have education standards improved, but the communication

technology to reach and work with people around

the world has improved in lockstep. Two decades ago, trying

to call someone on another continent involved prepaid phone

cards in cramped telephone booths. Hardly the way to run a

company or manage a team.

Today, a $40 internet connection and a free Skype account

gives anyone access to the greatest talent pool in history.

Instead of competing against the labor pool of a few hundred

thousand or a few million people in the area near you

for your job, you’re competing against seven billion people

around the world.

The same technologies, machines, and globalization that have

increased your competition in the job market have been a boon

to entrepreneurs. They’ve dropped startup costs, opened new

markets, and created new distribution channels. It’s easier and

cheaper than ever to make something and tell people about it.

For much of the past two hundred years, the industrial work

in demand for economic advancement wasn’t necessarily the

work people wanted to do. Working in a factory may have

been better than starving in a ield, but it wasn’t exactly a

path to fulillment.

After all, at the beginning of the twentieth century, college

was considered a risky proposition. Why invest four years

in a fancy degree instead of going to straight to work? Just

 

as college and graduate school emerged over the course of

the twentieth century as a clear path to a job, life paths and

social scripts for entrepreneurship are emerging that make

the path clearer.

The opportunity to align your fundamental drives for freedom

and meaning with proitable work is greater than you may

believe. The stories in this book show that entrepreneurship

is a path to not just more freedom and more meaning, but

also more money.

Alas, there is plenty of work involved.

Psychologically challenging, emotionally testing, and physically

exhausting work? Sometimes.

Worth it? Among the entrepreneurs I’ve talked to—

almost universally.

This book will show you what those trends are, the new leverage

points that deine them—and how you can begin to use

them to create more money, meaning, and freedom in your

life, and the lives of those you love.

Whether you choose to ight the changes or embrace them is

up to you. The opportunity won’t last forever.

 

Like what you read? Buy the book on theendofjobsbook.com.

Excerpted from "The End of Jobs: Money, Meaning and Freedom Without the 9-to-5" by Taylor Pearson. Copyright © 0 by Taylor Pearson. Excerpted by permission. All rights reserved. No part of this excerpt may be reproduced or reprinted without permission in writing from the publisher. Excerpts are provided solely for the personal use of visitors to this web site.
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Author Profile

Taylor Pearson

Taylor Pearson

"Taylor spent the last three years meeting with hundreds of entrepreneurs from Los Angeles to Vietnam, Brazil to New York, and worked with dozens of them, in industries from cat furniture to dating, helping them to grow their businesses.

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