RValuations is My Vision
Valuation professionals are a conservative lot that resist change. The author of this article embarked in a change that has transformed him and his practice. Upon reflection, he shares the lesson he learned is that â€śfeeling afraid is my next level of growth coming to get meâ€ť. In this article, he encourages readers to take a chance, change, and take control of their lives since life is too short.
I am the founder of Burkert Valuation Advisors.Â I provide traditional business valuation services for manufacturing/distribution clients and practice development coaching for overwhelmed BVFLS professionals.
Two weeks ago, my wife and I and our two dogs completed the â€śUltimate Pet Friendly Road Trip.â€ť Â To promote Amyâ€™s business, GoPetFriendly.com, we traveled 15,000 miles over 10 months to visit the number one pet friendly attraction in all of the lower 48 states and the District of Columbia.
We are closing in on our eighth anniversary of full-time RV living.Â Now, we are heading south with the possibility of spending our winter in the Baja Peninsula in front of us.Â We have no plans to stop living this way.Â How did all of this come about?
I realize that traveling in an RV is not everyoneâ€™s cup of tea.Â And thatâ€™s ok.Â But I know that everyone has their vision of their cup of tea.Â I also know the cup is right in front of youâ€¦you just have to see itâ€¦and grab it.
My Number One Reason for Moving into the RV
So, what provoked my wife and I to move our lives and my valuation practice into an RV?
While there is a longer story behind this lifestyle redesign, I will spare you the details and share with you the one simple reason we did it: there was no reason not to.
Amy (a CPA, ABV, CFA) and I listed all of the things that could go wrong with our decision.Â Then we listed the ways we could mitigate the damage.Â When we did that we realized three truths:
(1) Not all of the things we imagined that could go wrong would actually happen,
(2) Not all of the things we imagined that could go wrong would be as bad as we imagined, and
(3) There wasnâ€™t anything we imagined that could go wrong that we couldnâ€™t recover from.
And of course, I was still afraidâ€”Iâ€™m a CPA after all.Â My biggest fear was in the imagining of everything I would have to sacrificeâ€”in my life and my practiceâ€”if we moved into a RV.Â And after almost eight years, I can tell you that on a net, net emotional and financial basis, Iâ€™ve come out ahead.Â Way ahead.
And the lesson Iâ€™ve learned is this: feeling afraid is my next level of growth coming to get me.
Imagine You Won the Lottery
We all fantasize about winning the lottery.
Before the RV, Amy and I would only play when the jackpot was what we called â€śa job quitterâ€ťâ€¦which started at $10 million after we calculated what would be left if we took the cash payout and paid the taxes.
Then we began asking a serious questionâ€¦like, what would we do if we really won the lottery.Â We both agreed that traveling, with our two dogs, is how we would want to spend our time.Â And then we decided we didnâ€™t need to win the lottery to fulfill that dream.Â We already had the means.
We just needed the nerve.
You Only Have About 1,000 Months
During our decision-making process, I read something amazingâ€¦and terrifying.Â An average personâ€™s life expectancy is generally less than 1,000 months.Â Think about that!
We tend to think of 1,000 anythings as a fair amount, if not an abundance.Â But months to live a life? Â All of a sudden, 1,000 does not seem like a lotâ€”and weâ€™ve already used up a significant portion of that time just to get ourselves to this very moment.
What are You Waiting for?!
Someone once asked: Can I make enough money to retire, doing what Iâ€™m doing? Â My response was: Iâ€™m living in an RV, seeing this country with my incredible wife and our two dogs.Â What am I going to retire to?
If you strip away the hooplaâ€”finding the work, pricing the work, doing the workâ€”we all want our practices to provide a sense of purpose, satisfaction, and freedom.Â If you had the ability to redesign your life and your practice todayâ€”and create your visionâ€”what would it look like? Â What are you waiting for?!
What do you think? Â E-mail me at email@example.com and let me know.
Rod Burkert, CPA, ABV, CVA runs things over at Burkert Valuation Advisors, LLC. Heâ€™s reinvented his practice several times after going solo in July 2000. Today, Mr. Burkertâ€™s practice offers coaching, training, and consulting to colleagues and clients in the BVFLS world. And since March 2010, heâ€™s been traveling full-time throughout the United States and Canada in an RV with his wife and their two dogs.