One of my favorite tales when one thinks of financial independence is the story of the Mexican fisherman. It shows an interesting perspective on the value of money to each person and in the end concludes with a message that is worth the reflection. Enjoy the reading
A large American investor was taking his long-dreamed vacation
A large American investor was taking his long-dreamed vacation off the Mexican coast when a simple fisherman began to anchor his boat by taking out the fresh fish he had caught that afternoon.
The businessman, impressed by the quality of the fish, questioned the fisherman, asked if it had taken him too long to catch them. The Mexican kindly replied that this was an easy task and within a few hours it was possible to get these fish. With that answer, the American did not understand: “Why did not you stay longer and catch more fish?”
“Well, sir, I sleep late with my wife, I fish a little, play with my children, take a nap after lunch, at dusk I go to the village to taste wine and play guitar with my friends.
The American, with his entrepreneurial vision, soon suggested to the fisherman:
“I, as a great investor, will help you.” Spend more time to catch fish. This way, you will increase the number of fish sold and you will be able to buy a larger boat. With new incomes, it will be possible to buy other boats and even build a fleet. Instead of having just one fish bank, you’ll be able to sell directly to large processors and eventually create your own industry. Oh, and before I forget, you’ll have to leave the Mexican coast to get the business in a big city.
The fisherman, very curious about this vision, began to ask some questions about the business:
“But, sir, how long will it take me to get all this?”
– From 15 to 20 years.
“But then what?”
The American laughed and said,
– That’s the best part. At the right time, you will announce an IPO, sell your shares on the Stock Exchange and you will be very wealthy. You can earn millions!
“Millions, sir?” Um, and then?
So, in that last question, the American, a little out of adjustment, replies:
-After? Well, then you will retire. You can move to a small fishing village on the coast, sleep late with your wife, fish for a bit, stroll around the village at night and meet your friends, to enjoy wine and play the guitar.