Chautauqua 2014: Lightning strikes again!

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Well, this was a rare delight.

Photo courtesy of Kate

Last year’s Chautauqua was so much fun, attracted such cool people and was just so damn epic it seemed unlikely to repeat. But it did, and this year we got coffee! Let’s start with that.

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Our hosts: Coffee grower Cheryl and her husband Rich

Photo courtesy of Gouri

Cheryl, who owns and operates Above the Clouds Retreats, splits her time between Texas and her finca (farm) in Ecuador. On that finca she grows coffee and this year’s Chautauqua convened just after the coffee harvest. Lucky timing! At our opening session each attendee found a small burlap sack in front of them filled with coffee beans from her land, and a coffee mug emblazoned with: Ecuador!

I love coffee. I’ve been drinking it now for over half a century. I’ve had none better and, for a couple of short weeks after my return, I enjoyed a rich aroma and robust flavor that briefly returned me each morning to this year’s magical week. But now it’s gone. One more reason I’m already dreaming of next year!

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Hacienda Cusin

Photo courtesy of Nick

As before, and hopefully again for 2015, this year’s Chautauqua was held at Hacienda Cusin, a gorgeous old estate and monastery built in the Andes mountains in 1602. It is about 2 hours north of Quito and near the famous market town of Otavalo. It is built of stone and wood and many of the rooms, including mine this year, have fireplaces. It can get chill in the evenings up in those mountains and it is a warm pleasure to return to your room to find the fire the staff has got roaring. Not to mention the hot water bottle they’ve placed in your bed, toasting the sheets.

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As before, the speakers’ presentations were the center piece of the week.

Photo courtesy of Geraint

Cheryl, one of the most relentlessly happy people I’ve ever met, had the group hanging on her every word as she described her sometimes difficult journey and the techniques of happiness she’s acquired along the way.  Mr. Money Mustache focused on how developing a ruggedness in your approach to life creates greater satisfaction and less need for money.

This, in turn, allows you to live on less than you earn, freeing up the capital to invest in building your financial freedom. My role was then to discuss exactly how to invest this money. Our new speaker this year, Jesse Mecham, wrapped up the week with his engaging talk on the sheer joy of starting something entrepreneurial and the pursuit of knowledge with reckless abandon.

In short we talked about:

  • How to bring happiness into your life.
  • How to develop the courage to be free and to live life on your own terms.
  • How to arrange your life in such a way as to have an abundance of what is important, while shedding what is not.
  • How to invest your excess funds so that they grow to support you, allowing you to turn your full attention to Happiness, Freedom and Abundance.
  • How to strike out on your own.

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Of course the conversation didn’t end with the presentations

Photo courtesy of Kate

As with last year, each speaker had a schedule of one-on-one sessions with those attendees who had chosen them. In my case, the original seven scheduled grew to twenty by week’s end as more people asked for time after my talk. It was exhausting, but exhilarating. These sessions are my favorite part of the week.

We also created an extra two-hour financial Q&A session one morning. It was a lively discussion and about 18 or 20 chose to attend. The rest went on the optional hike in the mountains. Both were great successes and we’ll offer each again next year.

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Financial Q&A in the Monastery courtyard

Photo courtesy of Geraint

When we weren’t engaged in presentations, conversations and general hanging about, we were off exploring a bit of Ecuador. Everything from Otavalo and its famous markets to the Equator to the stunning beautiful Lake Cuicocha where we had lunch and a boat ride in the crater of a volcano.

Sometimes Ecuador came in to visit us:

P8100185This year’s kinder and gentler shaman.

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Dancing on the Hacienda lawn

Photos courtesy of Kate

There was also our now traditional day of community service:

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Construction was done…

Photo courtesy of Gouri

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Kids were played with…

Photo courtesy of Susan

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Pinatas were broken..

Photo courtesy of Mr. Money Mustache

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Treats were gathered…

Photo courtesy of Kate

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…and rides were given in Cheryl’s “Ecu-truck”

Photo courtesy of Nick

The cost of this building project was funded from the Chautauqua revenues, and the commitment to help improve local lives continues long after our departure. 10% of the profits go back into Project One, Cheryl’s local Ecuadorian charity. Thanks to those who have attended, she is no longer funding it alone.

All thru the week participants continued the discussions, sharing their hopes, dreams and plans. Encouraging and reinforcing each-others efforts and commitment. As one person said, “I have found my tribe.”

And what an amazingly diverse tribe it was. Not just in race, religion (and lack of the same) and sexual orientation, although we enjoyed all three. But in:

  • Age – Ranging from geezers like me to folks in their twenties.
  • Occupations – Crossing the spectrum from high tech to international aid. People working for organizations ranging from the Canadian Red Cross to Google to USAid to FranklinCovey to Trout Unlimited; to name but a few. Entrepreneurs, engineers, sales people, a fellow blogger and a woman now back in war-torn Sudan doing her part to make life there a little better. Even a finance professor. To my surprise and great honor, she teaches my Stock Series in her class. Kinda blows me away.
  • Wealth – Ranging from multi-millionaires to people who’ve heroically shattered the grip of debt. Some already FI, some on their way.
  • Geography – They came from all over the US and Canada, Europe and Australia. A German, two Brits, a Scot and an Argentinian. The two Aussies get the award for furtherest distance traveled, but then, don’t they always? Coming in from the Sudan, by way of Canada, was only good for second place. Although, for spiritual distance, it gets my vote.

You might think such a wide-ranging group would be a recipe for conflict. You would be wrong.

Indeed, just as with last year, the single thing folks enjoyed most from their experience in Ecuador, was the chance to be with like minded people. The path of freedom, independence and financial security is surpassingly rare. Most of us are surrounded by family, friends and co-workers who not only don’t get it, they don’t believe it is possible. The chance to spend a week with people who do is the greatest, and most unexpected, value attendees take away.

If this sounds like your tribe too, maybe you’ll join us in 2015.

Finally, those of you who have read my post on how to travel know I don’t carry a camera. I lack the skill and interest. Fortunately, it doesn’t matter. There were attendees present who take far better pictures than I ever could, and I’ve been pleased to have already scattered this post with their work. Let’s end it with sharing still more:

Photos courtesy of Kate, Susan, Gouri, Nick, Mr. Money Mustache and Pamela.

 

Another take:

Chautauqua 2014: Higher elevation and new insights

A comic that captures the ethic:

itchy feet

Here’s an interview with the author.

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Important Resources

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Comments

  1. EarlyFI says

    Jim,

    Great article, it brought back so many wonderful memories of Ecuador. I feel fortunate to have met you and the others on this trip. The best part was meeting people who are like minded, and supportive. Friendships to last a lifetime. I look forward to seeing you again for that fly fishing trip!

    • jlcollinsnh says

      Thanks EFI!

      Salt Lake City, right? I’m looking forward to the fly fishing, class and the reader meet-up.

      Maybe next spring when the weather turns nice out that way?

    • jlcollinsnh says

      Indeed we did!

      The pictures are a combo of some of the photographers’ choices and some I selected from their work.

      I love ’em all!

  2. Kevin says

    It looks and sounds like it was an amazing trip…. Last year’s sounded amazing as well. I can only hope you guys are still doing this trip in 2016 when my youngest is a bit older. Tanks for the photos and summary so that those of us who couldn’t go can live vicariously.

    • jlcollinsnh says

      Hi Kevin…

      Yep, we’re 2-for-2 so far and all four of us are eager to do it again in 2015. My guess is ’16 will be a go as well.

      When it works for you, we’d love to have you join us!

  3. Carlos says

    What a nice surprise to see a post summarizing how the Chautauqua was this year. I was just about to send you an email to see how it went. Looks like it was a blast.

    Last year I left so inspired I was tempted to go again.

    Saludos Jim!

    • jlcollinsnh says

      Hola Carlos!

      Great to hear from you. It would have been great to have you join us again, but I gather you’ve been doing some other extensive travel.

      Maybe next year?

      In any event, I hope our paths cross again soon.

  4. DraggonFIRE says

    Great post, Jim – and the pictures, even if not yours, really helped “sell” it. I discovered you too late to even consider C’qua2014, but your article ratcheted up my interest for 2015!

    • jlcollinsnh says

      Thanks D-FIRE…

      We really had some fine photographers on this trip.

      If it works out for you, it would be great to have you with us in ’15!

  5. Jon says

    Great stuff, Jim!

    As the former ( some could argue current ) magazine publisher that you are, I find this post to be equal parts Life Magazine and National Geographic. Simply stunning…..bravo!

  6. The Roamer says

    Wow!

    I can’t really discern the emotions I’m feeling! When I saw the post about the 2 opening I couldn’t help but dream of how great that would be. But the price was too steep specially since it didnt include airfair still I put it on my calendar and have been anxiously waiting for the report out. Thanks so much Jim I am really starting to convince myself that next year I will be there.

    I actually have family that lives there aunts,uncles cousins some that I’ve never met so in my mind i could kill 2 birds.

    It would be great to meet you and MMM in person I’ve almost read all your stock series and I’ve caught up with all mmm’s post too.

    Seriously thanks so much for the stock info.

    • jlcollinsnh says

      Hi Roamer…

      Glad to hear you have it on your radar, but you were smart to wait. Anything that seems too expensive probably is, at least at that moment.

      As you keep saving and investing, time will come when this cost will seem like pocket change. Hopefully, we’ll still be doing Chautauquas then but, if not, there will be equally cool things around.

      Plus you don’t have to go to Ecuador to meet me. Make your way to NH and I’ll even buy lunch. I’ll bet Mr. MM would do the same if you make your way out to CO.

      All that said, if and when Chautauqua works for you, we’d love to have you join us!

      • The Roamer says

        Thanks for the reply.

        Yup I hope that one day it will seem like pocket change. It wasn’t in the cards this year but I am putting it on the map for sure.

        Thanks for the invitation I’ve never been there. Haha I did try to see if I could catch MMM on out vacation to Colorado but it was during his trip. darn.

        Maybe I’ll be able to meet you all at Fincon next year.

        Thanks again Jim

  7. Amanda says

    Wonderful post!

    I’m reliving the joy of the Chautauqua looking over the pictures. This was one of my all-time favorite trips and I cannot recommend it highly enough to any potential future attendees. Some really powerful and uplifting information, exceptional people and cultural fun all set in a breathtakingly beautiful slice of Ecuador.

    Jim, thank you SO much for squeezing me in for an “unofficial” session! I really got a lot out of it and am grateful to have met you!

    • jlcollinsnh says

      Hi Amanda…

      Thanks for checking in!

      I very much enjoyed our time together and am grateful to have met you as well. When else would I ever come across an artichoke tattoo? 😉

  8. Dianne says

    Hi Jim,

    What a wonderful week in Ecuador! To spend quality time with like-minded people was truly well worth the trip. I especially enjoyed the one-on-one sessions and the thoughtful presentations. To learn about investments first hand! Jim, you truly are a giving soul, meeting with so many of us individually, as well as presenting the Q & A group session we had, learning from each other as well.

    What did I take-away? I finally gave myself permission to live life on my own terms. I have left a stagnant job (for me) and am in the process of starting a new venture on my own that truly fits my personality. Oh, and about that investing!

    Best to you and your readers…

    • jlcollinsnh says

      Hi Dianne…

      Thanks for checking in and your very kind words.

      Congratulations on your new venture. Very exciting! Please keep me posted on your progress!

    • jlcollinsnh says

      Well, I’ve only been privileged to have your cold brew once, and it was mightily fine. But this was better. 🙂

      Mmmm…. Maybe these beans cold brewed…. 😉

  9. Kate says

    The Chatauqua, for me, leading up to the start was equal parts, “YEAH, I can’t wait” to “Oh my gosh what did I sign up for?”. All I can say is that I never should have doubted my decision for one minute.

    The content was amazing but even better was the giving nature of all of our presenters and the transparency and care they brought to the space. Having access to the minds of Jim, Pete, Cheryl and Jesse really helped me gain confidence in not only what I have accomplished to date but also for future actions I need to take.

    Thank you, Jim, especially for the generosity of your time.
    Thanks!
    Kate

    • jlcollinsnh says

      Hi Kate…

      I can imagine the concerns. Flying to a far-off land to hand out with some crazy blog writers and other assorted lunatics…

      But you fit right in… 🙂

      Thanks for your kind words and for sharing your story and plans. Please keep me posted!

  10. Ian says

    Wow Jim…..you nailed it!

    The beautiful surroundings, the group dynamic and the friendships forged made for an unforgettable week. Like Kate, I was wondering just what group of “tree huggers” I’d signed up for. All I can say afterwards, to anyone else wondering, ….just do it!

    It is one of the better experiences in life.

    Thanks for your words of wisdom at the time….I’m busily converting them into an Aussie context…just needed that lil extra push…:))

    Thank you
    Ian

    • jlcollinsnh says

      Hey Ian…

      Great to hear from you and good to know you made it safely back down under.

      How was the rest of your SA adventure? Machu Picchu, Galapagos and Easter Island as I recall?

      It was great having you with us. As an American commentator I just heard says: “Why is it Aussies always seem to be having more fun than anyone else?!”

      Cheers mate!

  11. TheFrugalHumanist says

    Truly enjoyed this post, Jim and all the beautiful pictures and comments from our inspiring fellow “Ecuadorians”! Transporting me right back to a wonderful week of life changing experiences!

    The discussions with yourself and the entire amazing Chautauqua gang gave me the confidence to accelerate changes I had been pondering about for a while. Saying, I am glad I went, totally would be an understatement!

    Thank you for the reference as well!

    To anyone reading this months from now, wondering if you should sign up for the 2015 Chautauqua…JUST DO IT!! You will NOT regret it, I promise!

    • jlcollinsnh says

      It was great having you there, and hanging out with you in the airport lounges on the way back. 🙂

      Very nice write-up you did on your own blog as well. (Linked to above in mine)

  12. Allan Rudd says

    Hi Jim

    WOW! Your blog really summed up my experiences of The Chatauqua…..an adventure that I was intimidated about going to but opened so many new doors of ideas and friendships….what an amazing group of people and the facilitators sharing and giving so much of themselves… goes down with my great travel experiences….I had no idea of the beauty of Ecuador!

    Thank you also of giving so freely of yourself and going the ‘extra mile’ for me….was really appreciated.

    Warm regards
    Allan

    • jlcollinsnh says

      Thanks Allan…

      It was great meeting you there and I enjoyed our session together. Glad we finally made it happen. 🙂

      Hope the rest of your journeys were great fun as well?

  13. Anders says

    Hi. What a life-affirming post. Looks great from the pictures. I would love to hear more on Cheryl and Mr. Mustaches presentation about happiness and ruggedness. I guess by being a regular reading of your blog, I already know what your presentation was about.

    This would be my first comment, and I have read everything on your blog; it’s a really good blog!

    Cheers from Denmark.

  14. Matt says

    Hi Jim,

    How and when does registration for this annual trip start up? My wife and I would love to be involved in the future. We’re self-proclaimed “Mustachians” and I swear by your Stock Series to anyone willing to hear me preach about Financial Independence. Thanks for your efforts!

    • jlcollinsnh says

      Hi Matt….

      I’m usually the first to write a post announcing it and usually in February. So if you haven’t already you might want to subscribe. This year it sold out in two weeks, although spots did open up for some on the waiting list as a few had to cancel.

      Here’s the registration page: http://www.abovethecloudsretreats.com/registration.html

      Hope to see you next year. 🙂

      Thanks for spreading the word on the Stock Series!

  15. Trisha Ray says

    This looks like SO much fun! And Jim, you’re looking great.

    This comic – so true – makes me think of you guys, Big Jim, Money Mustache, and the gang who is truly learning how to live:

    http://www.itchyfeetcomic.com/2014/09/a-penny-saved.html#.VCGz1fldW4M

    I met Jim many years ago, when he wouldn’t have considered owning a car. He was riding his bicycle thru Ireland. I can vouch that he not only talks the talk, but he has walked the walk during his life, too.

    I have used both his blog (and MM) for all my new employees, and during numerous sales rep meetings. Required reading.

    A few lives have been changed for the better. A few totally transformed. And some – may still be working on it.
    Super advice, and free. Wow.

    You guys may not realize what a difference you’ve made.

  16. Mark A. says

    Hi Jim,  I feel like I attended an International Executive MBA and High Altitude Boot Camp with Nice and Very Interesting People titled: “Learning from Others and Being Inspired to Get Your #%^+* Together – with Breakfast, the Occasional Tremor and Loose Llama.”

    Hearty thanks to you and Cheryl for your vision and to everyone else who led, took care of us and participated.  I miss our tribe! It was a terrific group and I am so glad I attended.  Mark

    • jlcollinsnh says

      “an International Executive MBA and High Altitude Boot Camp with Nice and Very Interesting People titled: “Learning from Others and Being Inspired to Get Your #%^+* Together – with Breakfast, the Occasional Tremor and Loose Llama.””
      or, as we like to call it, a Chautauqua! 🙂 🙂

      Great having you there, Mark!

  17. Yabusame says

    One day I’ll make it there but not before FI ;-). Going to be several years though as I am back to square one returning to college to pursue a new career after I really felt like my first one was slowly killing me.

    Sounds like you all had a fantastic time together. I really liked the pictures where you were building stuff for the locals and I loved the comic strip at the end too.

    • jlcollinsnh says

      Welcome Yabusame…

      Indeed we did.

      And while it would be great to have you join us, you are wise to wait until the time that works best for you.

      Good luck in your new ventures!

  18. Tom Erceg says

    Jim — I’m so glad that the 2nd Chautauqua was also a success! I learned so much from last year’s trip, and I continue to apply those lessons on a seemingly daily basis. I’ve passed your stock series on to my son and several friends. I also, just recently, was able to downsize my career to 3 1/2 days a week thanks to taking your investing advice last year.

    If anyone is on the fence about attending next year, please pull the trigger and go. You won’t regret it.

  19. Mark A. says

    Jim, it is approximately six months after our Chautauqua, and I thought I’d report on my evolution since the trip in hopes that other fellow participants will too. I was troubled in Ecuador about my challenging management job and manic boss, but I’m now feeling better. A significant part of my satisfaction of late comes from the realization that I don’t actually need to put up with any headaches at work, and am instead choosing to do it because the benefits outweigh the costs. On good days, I enjoy my work and contribution. On bad days, I remember that “this SH*T is now optional: I could walk today, thanks to 22 years of saving and investing my FU Money.” My wife wouldn’t be thrilled, which is an altogether different challenge, and must be engaged sensitively with her.

    One day, you said, “A lot of people in our group know in their heads that they are free but not in their guts yet.” That’s me, and that comment of yours really made the trip for me. Similarly, I read elsewhere that working people can be like prisoners who, when freed, sometimes prefer the certainty of their cells and routines to the uncertainty of walking away and creating a new life. Wow.

    You also showed me in Ecuador how we (quite surprisingly to me) have a 50% savings rate! In sum, my takeaway is that we increasingly have OPTIONS, which puts a song in my heart and spring in my step because when the unpleasant parts of my often-enjoyable work rear their toxic little heads, I know that I am freaking bullet-proof. I just needed to hear a little validation from you and others who are further down the same path.

    Once again, Jim, I appreciate your unique education efforts, sharing your example freely, your vision in organizing the Chautauqua, and in sharing a beer or three there talking about my own personal possibilities. The trip was a very worthwhile investment. I consider you a friend and mentor, as I know the other participants do, and I’d love to hear others’ updated insights thanks to the 2015 trip.

    • jlcollinsnh says

      Hi Mark…

      Thank you so much for taking the time to report back.

      Based on our one-on-one conversation and those we had just hanging out, I’m not surprised to hear how well you’ve re-envisioned your job.

      I very much appreciate your effort to stay in touch and hopefully we’ll have a chance to share another beer or three down the road!

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