Mixing Business with Pleasure: PoF Goes to SLC
Me, neither. Well, not until a few weeks ago.
About a month ago, I told my parents about an incredible opportunity I had. They were nearly as excited as I was about this opportunity to collaborate, and they offered to watch our boys so my wife and I could take a quick trip to Salt Lake City, Utah to explore the possibility further.
When anyone else inquired about our weekend plans, we told them we were going to “the cities.” It may not have been the whole truth, but it was true — after all, we did spend an afternoon touring RVs at the convention center and spent an evening in a hotel, but “the cities” wasn’t our final destination.
Technically, Salt Lake City is one of many cities — I’m sure the Biglaw Investor could make a cohesive argument that a visit to any two cities would have constituted the truth as having visited “the cities”. If you disagree with that version of the truth, well then maybe you can’t handle the truth.
A Covert Operation
Why did my wife and I visit SLC?
Were we skiing? No, although we did have lunch up in the snowy mountains of Snowbird.
Were we there to worship? No, but we did take a stroll through Temple Square.
Did we go for the renowned fine dining? No, but we did have a delicious dinner with delightful company at a top-rated restaurant downtown. Our company, or rather our hosts as I should say, were the good Dr. Jim Dahle and the White Coat Investor staff.
Over the course of a couple weeks and a few dozen e-mails, we had brainstormed some ways to work together and form a synergistic relationship.
I felt quite comfortable with the ideas we had come up with, and I felt as though I knew him pretty well having read hundreds of his articles, seen his smiling face in dozens of pictures with stunning backdrops, and having heard his authoritative voice in numerous podcasts.
To him, though, I was more of an unknown entity. A pair of hands on a keyboard without a face, voice, or curriculum vitae to review. To remedy this, my wife and I were invited to join him and his crew in SLC to get to know each other, all expenses paid. Did somebody say free? When’s the next flight?
The White Coat Investor Reality Tour
Our hosts loosened the purse strings for our visit. My wife and I had deluxe downtown accommodations. As we departed for dinner, the Boston Celtics were checking in. Any hotel good enough for NBA stars is good enough for me. Scratch that. It’s too good for me, but I’ll gladly live like a king for an evening.
Over the course of a day and a half, we rode in not one, but two Toyota Sequoias. We were greeted with a cleverly crafted Welcome sign, complete with a depiction of a physician literally on fire (a prototype for the new logo), courtesy of the eldest Dahle daughter. We met the entire family of six, and we sat down together at the infamous cherry dining room table.
The majestic mountains surrounded us as we wound our way up to Snowbird for lunch with a view. True to my frugal foundation, I picked up the tab for our sandwiches, which I estimate cost me roughly 20% of what Dr Dahle paid for dinner the night before.
It was an amazing weekend, and I had to tell someone, so I’m telling you.
A Partnership is Forged: The WCI Network
You may notice the WCI Network badge in the header of this page. What does that mean for our sites? It means you will see some content from WCI on these pages, and more content from me on WCI. We plan to do some cross-promotion to help bring our messages to more high-income professionals who could benefit from our collective knowledge and experience.
While we do have a fair amount in common, this partnership only makes sense if we have different voices. While WCI gave you 14 reasons Why You Shouldn’t Retire Early, I plan to do exactly that within a couple years. He skies double black diamonds, something this guy fears. Dr. Dahle drinks waters; I drink beers. Yet, we managed to get along famously.
Of course, there is a business side to our relationship, as well. If you are familiar with Dr. Dahle, you already know that he is a successful entrepreneur. He believes in passive index fund investing, but also looks for alternatives with some of his investing dollars. This site is one of those alternative investments. He and his business manager now have a small slice of equity in my business, and a vested interest in my success. I now have new friends in Salt Lake City, and they are excellent friends to have.
I will continue my Tuesday, Thursday, Sunday posting schedule, and WCI will maintain a Monday, Wednesday, Friday schedule. You will see more Saturday posts on both sites, which would give you something to read every day of the week within the WCI network.
Not much else will change around here. Dr. Dahle and I are working with a common business manager to bring on new Site Sponsors, and there may be minor changes in how the ads are displayed. I will continue to donate half of my profits according to the charitable mission. I am quite hopeful and confident that this new arrangement will allow us to be more generous over the coming years.
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If you’ve been a regular reader, I hope you’re half as excited as I am about the White Coat Investor affiliation.
-Physician on FIRE