The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Hello from miked_d

miked_d

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
103%
Dec 25, 2008
561
576
Los Angeles
I am Mike D. I have been lurked on this forum previously. I came back because I received a forum update after not being here in over a year. The part that caught my attention was Amails thread. He found his niche and went for it. Vigalante made some incredible posts and everything just clicked in my head. I knew what I needed to do.

I have been selling on eBay for over 12 yrs. I know what not to sell. Cell phone accessories, commodity computer parts, counterfits, random electronics.

I needed my own niche. My own brand. That I will cover in this thread https://www.thefastlaneforum.com/your-goals-your-fastlane-plan/41907-pheonix-rises.html

I posted it this previously and thought it would fit better here:
***************************************
I am posting this for myself and hopefully it will inspire others. I want to put some goals down so I will be accountable.

My quick life story: I have been involved with little things to make money since I was 8 or 9. I taught my self how to fix bicycles and then charged my friends to fix theirs. I was one the only of my group of friends to have a car. I would make them give me gas money (always a little extra to cover other expenses). Fast forward many years. I am selling goods sourced from China on eBay but it is small time. That is the good stuff.

Bad health, bad marriage, poor coping skills, self destructive behavior are the bad stuff. I am not using these as excuses.

I had previously set a few 6 month goals:

1. No more "white-lies". I forgot where I read this, but little white lies accumulate and cause stress. You have to keep lieing to cover up. I was severely stressed out about several things. Some people got their feelings hurt but my stress is much lower.

2. Pay off bills. I was unemployed for a while and got into debt. As I part of #1, I moved and am living on someones couch. Almost rent free. I am putting all that extra towards outstanding debt. State taxes, fed taxes, money borrowed from friends, doctor bills, hospital bills, etc. Additionally into differed maintenance on my car.

3. New job. I am an IT contractor. I was still going to do IT work but in a different area (for more $).

4. Increase eBay sales, maybe do some SEO work.​

I have been on these forums previously but nothing clicked. I got a random email update from the forum last week (first one in many many months) and Amails thread catches my attention. Vigalent made a lot of great posts in that thread that made me realize one of my major mistakes.... I have no brand. The branding info may or may not be in the book. I will be buying the book as soon as my kindle comes in (used, b&w version).

I have new 6 month goals. Now they are:
1. Continue to pay off bills.
2. Get a small studio apartment with FAST internet. I need a little space of my own. It is very difficult for me when I do not even have my own bed. I have my computer, but don't have 24/7 access to the room it is in.
3. Develop a brand. Start on eBay to test. Then setup on Amazon with their fulfillment services. I am already researching and talking to suppliers in China.
4. Maybe New Job. I am getting called every few days about jobs BUT,.. current job allows time to work on #3.​

I will continue read the forums and post more about #3 (maybe another thread). This post was more about life goals of which I want #3 to be a big part.​

****************************

My goals are coming along. I talk about #3 in other thread. #4 is off the list. I will keep the job until my contract ends.

I know I left parts out. If you have any questions, just ask.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.
Last edited by a moderator:

ChickenHawk

Legendary Contributor
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
468%
Aug 16, 2012
1,281
5,992
Butt in Chair
I like your goals. You've got a nice mix of immediate life-improvement goals and long-term goals with fastlane potential. Like you, I also find the threads here really inspiring and educational. Here's to officially getting on that fastlane! :)
 

miked_d

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
103%
Dec 25, 2008
561
576
Los Angeles
Update on me.

I am living in my own place again with decent internet.

I am bringing in more than I spend, continuing to pay off bills. I have started a budget and follow it.

Still cleaning up a mess from the "white lies."

Had a mis-start with my ecommerce branding but have found a niche I can do well in and know something about.
 

miked_d

Silver Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
103%
Dec 25, 2008
561
576
Los Angeles
I forgot to say I finished MJ's book. It was the first book I bought for my new (used) Kindle.

I liked it a lot.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

More Intros...

Top