About

In order for you to fully understand my perspective while you read this blog, I think it helps to know a little about me. First of all, my name is Eric, I’m 29, and I currently live in Chicago (Illinois).  I’m currently a full-time CPA (accountant at a large, international law firm), but I have entrepreneurial dreams and I’m slowly starting to act on them.

Note (12/20/2013): The information below is outdated – I’ll be back to update this soon, hopefully!

“Professional” Background

I’ll start with high school. I never really had a “normal” high school job, but I wanted to combine my hobby with some kind of income stream, however minimal that was. I was (and am) very interested in computers and technology in general.  Back then, I built computers for everyone in my family, and was known to family and friends as someone who could always be called upon to repair computer issues.

This led to a logical fit for a job – I put advertisements all over my town and had my family and friends spread the word that I was repairing computers. I didn’t get a ton of business, but I charged $30/hour, so what little work I did have amounted to enough money for a 16 year old kid.

Flash forward to college.  Between being a student and enjoying my free time, I wanted to limit my work to a) work that could be done anytime (i.e. not a typical hourly job) and b) summer jobs. For “work” that could be done anytime, I took that route that many college students take – online poker/gambling. Back in 2004, online gambling was in much more of a gray area than it is today (i.e. there was no legislation making it illegal – even today, the legality is up for debate).

Without going into much detail, I derived most of my income from exploiting online casino bonuses (note: this was perfectly legal within the terms & conditions of the various casinos). Once these dried up, I became a student of poker – I read books, participated in online forums, and managed to refine my skills such that I could beat other players online and generate a modest income. I wasn’t getting rich, but it was enough to pay my bills and leave some money left over for eating out/going out.

During the summer following my freshman year of college, I started my own exterior house painting business. The idea was to mimic the other established college house painting companies in the area with a similar name and logo (yet different enough to not infringe on any copyrights). I cold-called houses on Sundays in the spring, set up appointments to give free estimates (i.e. my sales pitch), hired and trained college students to paint, and basically managed the operations when the summer rolled around . I did the same thing during the summer following my sophomore year, taking on my brother as a business partner.

The up-front work was challenging (finding clients), but the summers were nice – being able to relax while my painting jobs were completed. The money was decent, the experience was great and in retrospect, I could have made more had I worked harder in the spring (isn’t this always the case?).  It was my first real taste of entrepreneurship, and believe me, it was sweet.  I worked harder than I ever had before with respect to a job, but the rewards were great.

After graduation, my “real” professional career began. During the summers following my junior and senior years, I was a tax intern at the “Big 4″ public accounting firm at which I work today. During my year of graduate studies, I passed the CPA exam and now have my CPA license. So far, working at this firm has been a great experience in the professional realm. I work with a lot of smart people and work for a lot of important clients.

My Education

Despite a strong interest in computers and technology, I began my educational career in 2003 at the University of Illinois (in Champaign-Urbana) as a business major with an undecided concentration.

Like most people, my major changed a couple times, but it stayed within the same field. I went from general business, to finance, and finally to accounting. I know what you’re thinking – I couldn’t have picked a more thrilling area of study. I can’t say I ever really enjoyed it, but I was good at it, and I thought it would make for a solid foundation in business, which is something I knew I wanted to get into.

I graduated in 4 years with my B.S. degree in accounting and stayed an additional year to complete my graduate studies, receiving a Master’s degree in accounting with a concentration in taxation.

Like anything else in life, there’s always a desire to pursue something greater. I don’t think I’ll die as a tax consultant, so sometime between now and death (which happens to be only other certain thing in life besides taxes), I’d like to find my true calling.

You can follow my journey here, at My 4 Hour Workweek.  If you’d like to stay in touch with some of my tips and ideas that I don’t share on my blog, please sign up to Muse News, my free muse creation newsletter.  You can sign up below, and read more about it here.


This page will be updated periodically.

29 Responses to “About”

  1. Good luck on your journey, Eric. I’m in the same boat. I work for a large telecom firm but am eager to create enough passive income for me and my family to travel the world all year long. Let’s kick some tail in 2011!

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    Eric G. Reply:

    Thanks James – best of luck to you!

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  2. Eric, best of luck to you. I’m 43 years old and am still trying to figure out what I want to be when I grow up! Wish I had the sense when I was 25 to look for alternatives to the “delayed lifestyle” route. Hopefully my muses will kick in and I’ll be able to spend more time with the kids and concentrate on the fun stuff! Thanks for your insight, good stuff! Jim

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    Eric G. Reply:

    Thanks Jim!

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  3. Hey Eric ! Nice to see and read your post :) .
    Keep blogging and keep success :)

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  4. Good luck from a fellow Chicagoan! Seems like you are on the right track based on your income statements. In no time it will be multiplying! Any tips or successes you share will be greatly appreciated.

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  5. Eric – I share a background that is very similar to you, if not the same from what it seems after reading your post. It took me 3 years to fully transition to dream land in which I live now. All the best and looking forward to your transition…

    [Reply]

    Eric G. Reply:

    Thanks for the comment Sunil – got your e-mail as well and I just responded.

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  6. Nice meeting you, Eric!

    I also have a full-time job and agree that it’s hard to spend extra time making money online but doable. I have less time with kids. I could only wake up early and stay late working online.

    It’s not passive income as 4-hour a week. :) Once you hit $1000 a month, you could do more outsourcing and scaling up. Recently, I am trying to outsource more. Work smart, but not hard.

    Right on! Keep each other up and motivated.

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  7. Hi Eric,

    I am beginning this journey of internet entrepreneurship again…I have attempted this a few years back and I have to say I can’t seem to give this dream up. It seems like a tough journey, but like as they say, “the only time you fail is when you quit”. And so I am on this again.

    Looking forward to your success!
    Boris

    [Reply]

    Eric G. Reply:

    Thanks Boris, best of luck to you!

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  8. Impressive young man Eric. I look forward to tracking your success and learning… and sharing from our respective experiences.
    Dave recently posted… Dukan Diet – Week 6

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  9. Hey Eric -

    I don’t know how I found your blog, but I’m glad I did. I am also a CPA, but work in Finance for a company in San Diego, CA. I, too, am in the same boat you’re in as I’m truly an entrepreneur at heart, but based on what I read on your blog so far, you’re A LOT more experienced than I am; I just started my journey literally 1 month ago. I look forward to reading about your success in this blog – great work btw.

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    Eric G. Reply:

    Thanks for the kind words, Irwin. Feel free to reach out to me if you need any help as you get going, I’d be happy to help!

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  10. Good luck with the journey Eric. It’s nice that you actually like your job AND can make some money on the side. As for me, I had no choice to leave the accounting world because I disliked it so much. Now the only person I’m accountable to is ME. :)
    Jason recently posted… May 2012 Income Report

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    Eric G. Reply:

    Thanks Jason! Congrats on getting out of the world of accounting – hopefully everything is going well for you!

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  11. Hey Eric, Love staying across your adventures at your site. Think I stumbled across it through Pat Flynn’s site (and I’m not even sure how I got there :-) ), but I’m following a similar path, launched a couple niches sites and an authority site. Loving the whole learning process. Keep up the good work! Look forward to staying in touch.
    Greg recently posted… Two Free Marketing Tactics That Almost Every Business Owner Neglects to Use Properly

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  12. I love your story and can relate to your journey because I have two sons about your same who are trying to figure things out. I have spent the past 10 years or so (late start) pursuing a residual income and after trying have several things I finally have a few things in place that are really working. Not trying to self-promote here but if you want to know what has worked for me, I would be happy to share with anyone.

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    Eric G. Reply:

    Thanks for the comment Nancy – what’s been working best for you?

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    Nancy Reply:

    Sorry for the delayed response . . . What is working best for me is a content based website, a good platform that has helped me shorten the learning curve to consistently builds traffic and earns income through multiple avenues, primarily affiliate marketing.

    The other avenue is via a direct marketing company that has developed a truly unique health supplement.

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  13. Eric

    I feel like I’m looking in a mirror.

    I’m also a tax accountant working part-time on internet marketing ventures.

    Also disclosing earnings online.

    Great stuff….looking around the site right now..

    Cheers

    Phil
    Phil Jensen recently posted… 5 Reasons You Shouldn’t Consider Internet Marketing as your Next Business

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    Eric G. Reply:

    Hey Phil,

    Always happy to meet a fellow tax accountant. :) I’ll be sure to check out your site too. Best of luck with everything.

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  14. Hi Eric
    Great site – must be hard having a FT job as the same time as blogging..does my eyes in!
    Phil recently posted… How to make a twitter background

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  15. Eric,

    The number one thing you will find is that working only 4 hours is ipossible. It’s a great gimmick, but I think you will soon find that you will work much more than that, in part b/c you can’t help it and it’s so much fun!

    Best,

    Sam
    Financial Samurai recently posted… How To Save Money On Cruise Vacations: Lobster Dinners At Filet-O-Fish Prices

    [Reply]

    Eric G. Reply:

    I’m not too worried about facing a 4 hour work week anytime soon. :) I’m still employed full-time as a CPA, working on various internet marketing projects in my free time.

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  16. Nice work Eric. Keep it up! :)

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  17. Hello Eric,

    I like your frankness. i think I can relate with your success story and probably gain a lot of insight along the way coz am 25 too. Difference is that am based in Nairobi, Kenya and I was actuarial science major in campus.

    I think I can feel the 45 year old man, thinking nostalgically about life at 25. Keep on keeping on. aim for the stars. My blog is currently doing well but I think yours is super.
    cliff recently posted… SETTING UP A THEME IN WORDPRESS

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    Eric G. Reply:

    Thanks Cliff!

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  18. Hi Eric, i think we belong to same background, i am also doing my CA in India CPA equivalent profession CA(Chartered Accountant). As you like computers, i also love computers in fact i always wanted to take computers in high school :)
    Nice Blog
    Navneet arora recently posted… CPT Result June 2013

    [Reply]

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