Freedom Number Calculator

A strategic approach to transitioning into entrepreneurship by calculating the minimum amount needed to live while maximizing available time for pursuing business ventures.

The Freedom Number Concept

• Calculate minimum salary needed for maximum freedom
• Focus on minimum requirements vs. maximum desires
• Goal: Maximum free time while covering basic expenses
• Opposite approach to traditional high-salary career paths

Calculating Your Freedom Number

• Determine bare minimum annual expenses
• Include only essential bills and basic living costs
• Target jobs that provide this amount in minimal hours
• Example: $15k/year covering basic expenses

Strategic Implementation

• Choose low-time commitment jobs
  • Part-time tutoring
  • Coaching positions
  • Jobs requiring only 4-5 hours per week
• Maximize free time (up to 80 hours/week) for:
  • Starting businesses
  • Learning new skills
  • Building projects

Living Strategy ("Strategically Broke")

• Embrace minimal living conditions
  • Shared living spaces
  • Basic furniture (air mattresses, Craigslist items)
  • Minimal decorations
• Avoid unnecessary expenses that decrease freedom
• Focus spending only on essential needs
• Share costs with others when possible

Mindset Shift

• Reframe "unemployment" as "strategically broke"
• Focus on time wealth vs. monetary wealth
• Accept temporary lifestyle sacrifices
• Prioritize freedom and opportunity over immediate comfort
• Understand that playing it safe can be riskier than pursuing dreams

Key Differentiator

• Traditional path: 80-90 hour weeks for high salary
• Freedom Number path: Minimal hours for basic needs
• Result: Maximum time for entrepreneurial pursuits
• Focus: Building future vs. immediate income