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I don't recall the blog post, but when Patrick switched from consulting to appointment reminder only, he had a sudden cash crunch due to an (unexpected tax bill
by graeme 11y ago
I don't recall the blog post, but when Patrick switched from consulting to appointment reminder only, he had a sudden cash crunch due to an (unexpected tax bill?) and suffered a major health crisis. That wasn't that long ago.
I think the consulting gigs were not constant. Those were the high points. He had a high income, just not so high as if you multiply $15,000 * 52.
I'm writing this as a fan of Patrick's. Just clarifying your answer based on my recollection of his writings. It's pretty plausible he didn't have a massive savings buffer.
Speaking as an entrepreneur, there's always conflict between saving money vs. investing more of it in businesses. I imagine a lot of value is locked up in appointment reminder. This last paragraph is entirely speculation and not based on anything I remember Patrick writing.