Nik Halik - 5 Day Weekend: Freedom to Make Your Life and Work Rich with Purpose

D AY W EEKEND M ANIFESTO

I own my life. I set the terms. I take responsibility for my results. I am the master of my fate, the determiner of my destiny. I live by design, not by default.

I reject the grind of 9 to 5. I escape the oppression of time clocks and bosses, commuting and cubicles.

I do not yearn for security but hunger for freedom. I renounce the dependence of jobs and benefits, and create independence through entrepreneurship.

I build businesses for cash flow, while others slave at jobs for a salary.

I create wealth by investing in assets, while others create liabilities on credit.

I am willing to do what others will not do, to get what others will not enjoy.

I hustle for a short time to fully enjoy life for a long time.

I produce and create, initiate and innovate. I live boldly, while wisely managing risks. My failures are not cause for defeat, but rather catalysts for success. I learn from each, pick myself up, and keep charging forward.

I live not for retirement, but for purpose. I develop my gifts and talents and leverage them to create value for others and fulfillment for myself.

I have one life to live, and I intend to live it fully. I live with adventure and suck the marrow out of life. I dare to dream and live with passion.

I refuse to spend my life doing the bidding of others. I will help others build their dreams but not at the expense of my own.

I build my 5 Day Weekend. I live the life I love.

Freedom begins between the ears.

EDWARD ABBEY

BRIEF CONTENTS

WELCOME

PART I: THE BIG IDEA

MORE DAYS OF FREEDOM

PART II: THE FOUNDATION

KEEP MORE MONEY

PART III: INCOME GROWTH

MAKE MORE MONEY

PART IV: WEALTH CREATION

GROW MORE MONEY

PART V: THE JOURNEY

POWER UP!

PART VI: FREEDOM LIFESTYLE

LIVE YOUR PURPOSE

PART VII: OUTSIDE THE BOX

PUSH THE BOUNDARIES

WELCOME

Y ou can change the way you live and work. You can enjoy a life rich with money, personal freedom, and purpose. The 5 Day Weekend mindset and strategies can empower you to create your own lifestyle.

As a teenager living in Melbourne, Australia, I started giving guitar lessons. It soon became a successful part-time business. I recruited a small group of instructors who worked for me. By the time I graduated from high school I was ready to takeoff to Hollywood and pursue my dream of becoming a rock star. I formed a rock band and went on tour.

I had a strong desire to create an income stream beyond the band. I worked hard and saved diligently to build cash flow from real estate and other investments. It took me eight years to have enough outside income to walk away from the band and live my 5 Day Weekend.

Your journey will be different. You may reach your goal sooner. Or, it may take you longer. It will require lots of study, hard work, and grit. If you choose to take the challenge, a life of freedom awaits you.

Extreme adventure travel and creating new global enterprises are my passion. How you live your own life of freedom is up to you. You make the choices. The 5 Day Weekend is about more and better choices.

This book shows you the big picture, the concept, the vision, a mindset and a strategy. You can tailor your 5 Day Weekend plan to fit your strengths, interests, and opportunities. My goal is to give you 1) the underlying principles you need to create and accelerate your plan, and 2) a range of possible options you can pursue.

Starter chapters help you examine an idea or strategy and decide if you want to investigate it more. To help you take the next step, there are additional free resources on the books website.

If youre new to entrepreneurship and/or investing, youll want to read each section in depth. Look for ideas that spark your interest, that seem viable for you, and that you want to explore. If you have entrepreneurial experience, you may be able to skim through some of my suggested opportunities and investments, while focusing on the underlying principles and philosophies that set 5 Day Weekend apart from the traditional mindset.

Ive invited Garrett Gunderson to add his financial expertise. He is a New York Times bestselling author and the founder of an Inc. 500 firm. You will hear my voice throughout the book. Garrett will also regularly take the stage to share his expertise.

Ill give you recommendations based on my experience. But the focus is on giving you information that will help you examine how you can live a life of more freedom to create your own vision and then begin to develop your personal plans to realize your dream.

If your primary goal in life is to get a safe and secure job with benefits, this isnt the book for you. But if youre dedicated to freedom and purpose, this book gives you the formula youve been looking for. Will you accept the 5 Day Weekend challenge?

Nik Halik, Founder and CEO of 5 Day Weekend

CONTENTS

Welcome

Day Weekend Manifesto

Putting the 5 Day Weekend to Work

PART I: THE BIG IDEA

3 MORE DAYS OF FREEDOM

YOUR 5 DAY WEEKEND

Build Your Freedom Lifestyle

What Would Your 5 Day Weekend Be Like?

NEW MINDSET, MORE FREEDOM

Freedom vs. Security

The Real Risk

The Myth of Mailbox Money

5 DAY WEEKEND PLAN

Foundation Keep More Money

Income Growth Make More Money

Wealth Creation Grow More Money

The Journey Power Up!

Freedom Lifestyle Live Your Purpose

ACTIVE VS PASSIVE INCOME

The Active/Passive Income Scale

Most Passive To Most Active Income

Develop Your Passive Income Ratio

Passive Income Score Sheet

The Active Income Trap

Youve Never Had Greater Opportunity

Call to Action Your 5 Day Weekend Plan

Your Vision

Your Earnings and Expenses

Your Goals

PART II: THE FOUNDATION

KEEP MORE MONEY

CRUSH YOUR DEBT

The Best Way to Pay Off Loans

Why Youre in Debt

MANAGE YOUR EXPENSES

Debt vs. Liabilities

Just One Expense to Cut

PLUG CASH FLOW LEAKS

Boost Your Credit Score

Restructure Your Loans

Structure Your Insurance Properly

Incorporate for Tax Advantages

CPAs Maximize Tax Deductions

Analyze Investments for Hidden Fees

Become a Money Master

CAPTURE WEALTH

Account #1: Wealth Capture Account

Account #2: Living Wealthy Account

A Big Step

THE ROCKEFELLER FORMULA

Big Picture Overview

Benefits You Gain

Source of Investment Cash

Important Considerations

Other Cash Resources

Getting Started

Think Wealthy

ROCK-SOLID FINANCIAL BASELINE

1. Get Properly Protected

2. Maximize Your Financial Efficiency

3. Maximize Your Production

Call to Action Your Debt Free Plan

PART III: INCOME GROWTH

MAKE MORE MONEY

INCREASE YOUR ACTIVE INCOME

Start, Experiment, and Learn

Start as Small as Possible

Continuous Improvement

IT DOESNT TAKE MONEY

Three Types of Capital: Garretts Value Equation

Leverage and Maximize Your Current Assets

Be Resourceful

EXPLORING ENTREPRENEURIAL IDEAS

Personal Services

E-Commerce

Fix and Flip

Domain Trading

The Sharing Economy

Online Opportunities

Direct Sales/Network Marketing

ANALYZE INCOME OPPORTUNITIES

Income Opportunity Score Sheet