Here's my predicament :
I've got an online venture that I'm working day & night on that has SERIOUS POTENTIAL, but will take more time & effort building my audience. However I'm running out of savings....down to my last $5k.
I just got a job offer for a "decent" wage.....though I'd have to show up to a friggin' office 8am-5pm, M-F. My plan was to suck it up for 2 mos and put enough money in my pocket to keep going for another 6-9mos. There's no way I'd last more than 2 mos in a cubicle.
OR -
I can get a loan up to $35k from a peer to peer site. I have good credit & no debt...though taking the loan would create new debt, which sucks, as I finally fixed my credit after years of effort.
So should I suck it up and do the cubicle for 2mos, or take a $25k-$35k loan that will allow me to keep working 24/7 on my biz from ANY location that would last at least 1.5yrs and push the crap out of me to work even harder, as I'd have a loan to worry about, constantly nipping at my heals.
I'm currently MISERABLE where I am. I'm in San Francisco...tired of COLD FOGGY SUMMERS, and all the pretenscious hippy, Prius driving aholes who live & breath political correctness. I just want to get out of here, work from SoCal where it's sunny, hopefully by the beach.
If I took the job, I would continue to be stuck here. If I took the loan, I'd have automatic freedom of location. The only drawback is I'd be putting myself in debt, AND banking on my business to start making headway. As a backup, I used to buy & sell cars from the auto trader in college back in the early 90's. I paid my college tuition that way. I'm thinking I could do a few deals on the side while I continue working on my biz to help payback the loan.
Any thoughts would be really appreciated! I'm supposed to start in 2 weeks and I'm friggin' dreading it! Also, it took me forever to finally get a job...so that's also making me a little nervous, passing it up in favor of a loan so I can leap full forward into trying to make my company work. The "safe" me says "don't go into debt, suck it up and take the job" - the "risky" me says take the loan, buy & sell a few Benz's to help pay back the loan ( at least I'd stay in style ), get out of SF, and try like a mofo to "make it" online with my ventures.
What would you do?
I've got an online venture that I'm working day & night on that has SERIOUS POTENTIAL, but will take more time & effort building my audience. However I'm running out of savings....down to my last $5k.
I just got a job offer for a "decent" wage.....though I'd have to show up to a friggin' office 8am-5pm, M-F. My plan was to suck it up for 2 mos and put enough money in my pocket to keep going for another 6-9mos. There's no way I'd last more than 2 mos in a cubicle.
OR -
I can get a loan up to $35k from a peer to peer site. I have good credit & no debt...though taking the loan would create new debt, which sucks, as I finally fixed my credit after years of effort.
So should I suck it up and do the cubicle for 2mos, or take a $25k-$35k loan that will allow me to keep working 24/7 on my biz from ANY location that would last at least 1.5yrs and push the crap out of me to work even harder, as I'd have a loan to worry about, constantly nipping at my heals.
I'm currently MISERABLE where I am. I'm in San Francisco...tired of COLD FOGGY SUMMERS, and all the pretenscious hippy, Prius driving aholes who live & breath political correctness. I just want to get out of here, work from SoCal where it's sunny, hopefully by the beach.
If I took the job, I would continue to be stuck here. If I took the loan, I'd have automatic freedom of location. The only drawback is I'd be putting myself in debt, AND banking on my business to start making headway. As a backup, I used to buy & sell cars from the auto trader in college back in the early 90's. I paid my college tuition that way. I'm thinking I could do a few deals on the side while I continue working on my biz to help payback the loan.
Any thoughts would be really appreciated! I'm supposed to start in 2 weeks and I'm friggin' dreading it! Also, it took me forever to finally get a job...so that's also making me a little nervous, passing it up in favor of a loan so I can leap full forward into trying to make my company work. The "safe" me says "don't go into debt, suck it up and take the job" - the "risky" me says take the loan, buy & sell a few Benz's to help pay back the loan ( at least I'd stay in style ), get out of SF, and try like a mofo to "make it" online with my ventures.
What would you do?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
