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Currently a slow lane 'Financial Advisor' - everything MJ said is true!

danyk

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I am a slow laner 'financial advisor' with the acronym designation to show for it, who sells the slow lane retirement idea, 40 hours a week for a paycheck and benefits.
I hate it. I always knew it was a little 'voodoo-y' but I would tell myself I was really helping people reach their retirement goals, like helping to create diversified portfolios according to their risk tolerance, time horizon and plan savings and withdrawal strategies. And of course that I was doing everything right, getting promoted, getting paid with good benefits -- I have been drinking slow lane kool-aid 100%.

Every. single. thing. that MJ has said about 'financial advisors' and saving for retirement is all true - it's get rich slow, valuing money over time, it's risky, it's putting faith in the stock market and the government (social security and medicare), I make 60k and am advising on 1M+ etc. We create plans for clients that are basically like "oh well, no one has a crystal ball, but here's a ball made of amethyst best case scenario 8% returns, but remember it's not a crystal ball." Ughhh. A couple of weeks ago I stumbled upon Unscripted from a youtube video about how 'gurus' like Tai Lopez and Sam Ovens are basically kinda perceived value with little actual value. (Found that one out the hard way unfortunately a couple of years ago.)

Started reading... wow.... Unscripted is the best book I've ever read next to the Bible. I couldn't put it down, listened to the entire audiobook in a week and then bought the physical book. I finished the short story Wealth Exposed and I'm in the middle of reading Millionaire Fastlane now. I honestly feel like I'm leaving the Matrix, like a detox from the brainwashing, when you see it you can't unsee it, especially when you are literally in the industry selling it everyday. I had tried to accept myself as an 'intrapreneur,' like having ideas to make things easier or add more value withiiinnnn the organization so I could keep my health insurance and paycheck. Hah! It's soul destroying and doesn't amount to anything real.

Having said that, I am actually focusing on changing myself, researching three of my top ideas for the first time; what companies are already doing it, how can I make it better, adding more value.
Getting laced up, I got bandaids, I got water, I don't know what I'm doing but I know the journey I want to be going on, I'm out.
All sounds good right, :) but I work best under pressure so going to say this here; going to launch my first business, before my 30th birthday which is in a month.
Gotta pull the plugs and nails out of my neck and body, it's killing me.
I have a life to live and a family to support. I want to watch my kid actually grow up in a world I helped make better.

Thank you @MJ DeMarco for all the hard work you put into those books and for creating this forum. Never seen anything like it.
You have helped me changed my life, see the slow lane matrix for what it is - thank you. Now I gotta actually get out and live unscripted . :)

Cheers and God bless.
 
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MJ DeMarco

I followed the science; all I found was money.
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Welcome my friend, appreciate the intro!
 

alexkuzmov

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I am a slow laner 'financial advisor' with the acronym designation to show for it, who sells the slow lane retirement idea, 40 hours a week for a paycheck and benefits.
I hate it. I always knew it was a little 'voodoo-y' but I would tell myself I was really helping people reach their retirement goals, like helping to create diversified portfolios according to their risk tolerance, time horizon and plan savings and withdrawal strategies. And of course that I was doing everything right, getting promoted, getting paid with good benefits -- I have been drinking slow lane kool-aid 100%.

Every. single. thing. that MJ has said about 'financial advisors' and saving for retirement is all true - it's get rich slow, valuing money over time, it's risky, it's putting faith in the stock market and the government (social security and medicare), I make 60k and am advising on 1M+ etc. We create plans for clients that are basically like "oh well, no one has a crystal ball, but here's a ball made of amethyst best case scenario 8% returns, but remember it's not a crystal ball." Ughhh. A couple of weeks ago I stumbled upon Unscripted from a youtube video about how 'gurus' like Tai Lopez and Sam Ovens are basically kinda perceived value with little actual value. (Found that one out the hard way unfortunately a couple of years ago.)

Started reading... wow.... Unscripted is the best book I've ever read next to the Bible. I couldn't put it down, listened to the entire audiobook in a week and then bought the physical book. I finished the short story Wealth Exposed and I'm in the middle of reading Millionaire Fastlane now. I honestly feel like I'm leaving the Matrix, like a detox from the brainwashing, when you see it you can't unsee it, especially when you are literally in the industry selling it everyday. I had tried to accept myself as an 'intrapreneur,' like having ideas to make things easier or add more value withiiinnnn the organization so I could keep my health insurance and paycheck. Hah! It's soul destroying and doesn't amount to anything real.

Having said that, I am actually focusing on changing myself, researching three of my top ideas for the first time; what companies are already doing it, how can I make it better, adding more value.
Getting laced up, I got bandaids, I got water, I don't know what I'm doing but I know the journey I want to be going on, I'm out.
All sounds good right, :) but I work best under pressure so going to say this here; going to launch my first business, before my 30th birthday which is in a month.
Gotta pull the plugs and nails out of my neck and body, it's killing me.
I have a life to live and a family to support. I want to watch my kid actually grow up in a world I helped make better.

Thank you @MJ DeMarco for all the hard work you put into those books and for creating this forum. Never seen anything like it.
You have helped me changed my life, see the slow lane matrix for what it is - thank you. Now I gotta actually get out and live unscripted . :)

Cheers and God bless.
Hey @danyk welcome!

I'm curious about the financial advice business.
Do they give you a script to read from, or steps to take clients through?
I'm assuming that there are like packages you sell for a monthly fee or something.
 

FltLevel391

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Jul 31, 2020
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I am a slow laner 'financial advisor' with the acronym designation to show for it, who sells the slow lane retirement idea, 40 hours a week for a paycheck and benefits.
I hate it. I always knew it was a little 'voodoo-y' but I would tell myself I was really helping people reach their retirement goals, like helping to create diversified portfolios according to their risk tolerance, time horizon and plan savings and withdrawal strategies. And of course that I was doing everything right, getting promoted, getting paid with good benefits -- I have been drinking slow lane kool-aid 100%.

Every. single. thing. that MJ has said about 'financial advisors' and saving for retirement is all true - it's get rich slow, valuing money over time, it's risky, it's putting faith in the stock market and the government (social security and medicare), I make 60k and am advising on 1M+ etc. We create plans for clients that are basically like "oh well, no one has a crystal ball, but here's a ball made of amethyst best case scenario 8% returns, but remember it's not a crystal ball." Ughhh. A couple of weeks ago I stumbled upon Unscripted from a youtube video about how 'gurus' like Tai Lopez and Sam Ovens are basically kinda perceived value with little actual value. (Found that one out the hard way unfortunately a couple of years ago.)

Started reading... wow.... Unscripted is the best book I've ever read next to the Bible. I couldn't put it down, listened to the entire audiobook in a week and then bought the physical book. I finished the short story Wealth Exposed and I'm in the middle of reading Millionaire Fastlane now. I honestly feel like I'm leaving the Matrix, like a detox from the brainwashing, when you see it you can't unsee it, especially when you are literally in the industry selling it everyday. I had tried to accept myself as an 'intrapreneur,' like having ideas to make things easier or add more value withiiinnnn the organization so I could keep my health insurance and paycheck. Hah! It's soul destroying and doesn't amount to anything real.

Having said that, I am actually focusing on changing myself, researching three of my top ideas for the first time; what companies are already doing it, how can I make it better, adding more value.
Getting laced up, I got bandaids, I got water, I don't know what I'm doing but I know the journey I want to be going on, I'm out.
All sounds good right, :) but I work best under pressure so going to say this here; going to launch my first business, before my 30th birthday which is in a month.
Gotta pull the plugs and nails out of my neck and body, it's killing me.
I have a life to live and a family to support. I want to watch my kid actually grow up in a world I helped make better.

Thank you @MJ DeMarco for all the hard work you put into those books and for creating this forum. Never seen anything like it.
You have helped me changed my life, see the slow lane matrix for what it is - thank you. Now I gotta actually get out and live unscripted . :)

Cheers and God bless.

Hey man! Great post, I'm about halfway through The Millionaire Fastlane right now and reading through your post, I found myself feeling the exact same way about my life. I went to college, got a finance/marketing degree, did a few different sales jobs and then eventually became an airline pilot.

As much as I love getting paid to fly airplanes, with COVID, it's about the worst time in aviation history to be a pilot and 12,500 pilots in the US alone have received notice that they will probably be furloughed come October 1st. I'm fortunate that I haven't received this notice and may not judging by my seniority within my company, but regardless it has made me realize that no job is ever truly protected. On top of that, I've felt the strain of a 30-35% pay cut for the last 4 months with basically a complete lack of demand for flying among the general public.

During the first few months of COVID, I found a sales gig on Craigslist offering unsecured cash advance loans to business owners. I decided to give it a try as we were supposed to get 5% payment on the face value of the loans we sell until we sell 2 and then 7% going forward. Since the average loan size advertised to us was $100k, and they claimed a "95+% approval rate" it seemed like it could be a truly profitable side hustle. I took it seriously, paid for my own marketing website, paid for Google Ads, and tried a number of other marketing strategies recommended by the company. After sorting through hundreds of businesses via telemarketing, mail marketing, and leads I received from my website, I submitted 4 applications to the company over about a 3-4 month stretch. All of these companies met the criteria given to me initially to fund a loan and all 4 were denied. On top of that, the company had said they offered loans in 2-3 days from application time. On more than one of these applications I submitted, I waited nearly 2 weeks to hear back, all for a denial.

After a few months beating my head against the wall with this company, I decided I needed to disassociate myself from them. I was putting my reputation and good word on the line telling business owners that I thought would legitimately get approved that they would probably be able to get a loan through us. When it was all said and done, I had spent about $3600 on a professionally built website, Google Ads, a membership with the local chamber of commerce and other expenses trying to be an independent contractor for this less than trustworthy company.

As much as I look back and think "What the hell were you doing looking for side jobs on Craigslist", this was a good experience for me in a sense. It got me out of my comfort zone, talking to business owners, seeing business bank statements (and some pretty impressive revenue levels), and realizing how much I craved my own business and passive income one day.

I loved your analogy about The Matrix and the mentality shift. I feel like the last few days since starting The Millionaire Fastlane , I'm continuously trying to view the world from the producer mindset. "How can I produce value for a large number of people???" That of course is the million dollar question and I don't know how long it will take me to answer it, but I'm hoping that within the next year, I have started a new venture that is truly my own where I'm in control of the variables of scale and magnitude.

I noticed you're in Colorado Springs from your post. I'm in Denver and it sounds like just a year ahead of you in age (turned 30 last December). I just had my first born son a few weeks ago. I think we share a somewhat similar life path so far and I wish you the best! Here's to us building truly profitable assets and being able to provide both time and financial freedom for our families!

And to @MJ DeMarco, thanks so much for sorting through all the bullshit that gurus put out there and getting to the real meat and potatoes of what truly builds wealth. It's such a simple concept, ""Provide value for millions and you'll make millions", and yet it gets lost in the fog of all the Slow Lane values out there. I'm looking forward to reading Unscripted and your other books as soon as I finish up The Millionaire Fastlane .


-Chris
 
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danyk

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Hey @danyk welcome!

I'm curious about the financial advice business.
Do they give you a script to read from, or steps to take clients through?
I'm assuming that there are like packages you sell for a monthly fee or something.


Hi @alexkuzmov

Hope you are well.

To respond to your questions: I don't have a script but there are many out there. I have spoken with a lot of people and know more or less how to have a conversation. Like, think long and hard about who would you trust to raise your kid? The 'kid' is a person's money, you are the person who is 'raising' it. -- Trust is the only scarce resource in the world. It's a highly regulated industry -- the licenses and credentials, being a 'fiduciary' or not, fee-based verses commission, discretionary or not. NO guarantees. At all. Ever.
Definitely read Unscripted and Millionaire Fastlane as @MJ DeMarco really goes into detail about the financial advisory industry... 'planning for retirement,' 'dollar cost averaging,' 'buy and hold, 'day trading,' 401ks, IRAs, taxable accounts etc. For real everything that he talks about is accurate. Which is again why I feel like I'm in the matrix after reading his book because once you see it as the 'slow lane' you really can't unsee it. The people/institutions who make the big bucks are the ones 'teaching' and selling/creating the products/strategies, he mentions names which I know all about all too well. (Producers vs. consumers)
To answer your next question, there are 'packages' meaning model portfolios that are designed to be 'diversified' and take into account a client's risk tolerance, time horizon, investing experience and other factors. There are many many types of investment products. EFTs, mutual funds (load and no load), individual stocks, bonds, short term investments, options/derivatives etc. Also, a lot depends on where you work.

Hope that helps. :)

D -
 

danyk

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Hey man! Great post, I'm about halfway through The Millionaire Fastlane right now and reading through your post, I found myself feeling the exact same way about my life. I went to college, got a finance/marketing degree, did a few different sales jobs and then eventually became an airline pilot.

As much as I love getting paid to fly airplanes, with COVID, it's about the worst time in aviation history to be a pilot and 12,500 pilots in the US alone have received notice that they will probably be furloughed come October 1st. I'm fortunate that I haven't received this notice and may not judging by my seniority within my company, but regardless it has made me realize that no job is ever truly protected. On top of that, I've felt the strain of a 30-35% pay cut for the last 4 months with basically a complete lack of demand for flying among the general public.

During the first few months of COVID, I found a sales gig on Craigslist offering unsecured cash advance loans to business owners. I decided to give it a try as we were supposed to get 5% payment on the face value of the loans we sell until we sell 2 and then 7% going forward. Since the average loan size advertised to us was $100k, and they claimed a "95+% approval rate" it seemed like it could be a truly profitable side hustle. I took it seriously, paid for my own marketing website, paid for Google Ads, and tried a number of other marketing strategies recommended by the company. After sorting through hundreds of businesses via telemarketing, mail marketing, and leads I received from my website, I submitted 4 applications to the company over about a 3-4 month stretch. All of these companies met the criteria given to me initially to fund a loan and all 4 were denied. On top of that, the company had said they offered loans in 2-3 days from application time. On more than one of these applications I submitted, I waited nearly 2 weeks to hear back, all for a denial.

After a few months beating my head against the wall with this company, I decided I needed to disassociate myself from them. I was putting my reputation and good word on the line telling business owners that I thought would legitimately get approved that they would probably be able to get a loan through us. When it was all said and done, I had spent about $3600 on a professionally built website, Google Ads, a membership with the local chamber of commerce and other expenses trying to be an independent contractor for this less than trustworthy company.

As much as I look back and think "What the hell were you doing looking for side jobs on Craigslist", this was a good experience for me in a sense. It got me out of my comfort zone, talking to business owners, seeing business bank statements (and some pretty impressive revenue levels), and realizing how much I craved my own business and passive income one day.

I loved your analogy about The Matrix and the mentality shift. I feel like the last few days since starting The Millionaire Fastlane , I'm continuously trying to view the world from the producer mindset. "How can I produce value for a large number of people???" That of course is the million dollar question and I don't know how long it will take me to answer it, but I'm hoping that within the next year, I have started a new venture that is truly my own where I'm in control of the variables of scale and magnitude.

I noticed you're in Colorado Springs from your post. I'm in Denver and it sounds like just a year ahead of you in age (turned 30 last December). I just had my first born son a few weeks ago. I think we share a somewhat similar life path so far and I wish you the best! Here's to us building truly profitable assets and being able to provide both time and financial freedom for our families!

And to @MJ DeMarco, thanks so much for sorting through all the bullshit that gurus put out there and getting to the real meat and potatoes of what truly builds wealth. It's such a simple concept, ""Provide value for millions and you'll make millions", and yet it gets lost in the fog of all the Slow Lane values out there. I'm looking forward to reading Unscripted and your other books as soon as I finish up The Millionaire Fastlane .


-Chris



Hey Chris,

Cheers to reading the book. It's SO good, right! Would be interested to hear about the parts that really resonated with you? I'm on chapter 32 and am working through writing out my 'whys' and starting to build new neural pathways for my thoughts from consumer to producer. It's definitely a paradigm shift, I really bought into the slow lane so this deprogramming and reprogramming is real. lol.

Unscripted is really wild and would highly recommend, especially the audiobook while you're taking care of your new little one. Listening is the only way I can get through a book anymore, those wireless headphones are a gift from God. Sincere congrats on being a parent, it is the most responsibility and meaning we can ever have. Let me know if you have any questions, breastfeeding and sleepless nights are freaking tough. My kiddo is two and my husband and I want a couple more. :)

I've been watching the airline industry, what a freaking disaster right now. Glad you still have some income. We all definitely have to get creative really quickly. Glad you've learned that loans business wasn't working out and adapted quickly!! What a learning opportunity, Mistakes suck but not learning from our choices is a hellish insanity.

I was talking to a friend about her son who is a senior in high school this year and wants to play college football but who probably won't have footage from senior year games to show to colleges. I told her we all have to start getting creative including the almost-adults. We talked about maybe getting some of his buddies together and filming themselves playing. Maybe start thinking about other avenues than just playing in college. The big leagues are driving away some fans with the political becoming so personal, could there be something else to bring to the table for them. Like you said, start looking at the world as a producer instead of a victim/consumer.

Very glad you reached out and that you're in Colorado and trying to get out of this matrix too! One step at a time. Keep in touch!

- Dany (Danielle) :)
 

McDrummerSLR

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As much as I love getting paid to fly airplanes, with COVID, it's about the worst time in aviation history to be a pilot and 12,500 pilots in the US alone have received notice that they will probably be furloughed come October 1st. I'm fortunate that I haven't received this notice and may not judging by my seniority within my company, but regardless it has made me realize that no job is ever truly protected. On top of that, I've felt the strain of a 30-35% pay cut for the last 4 months with basically a complete lack of demand for flying among the general public.

Man you ain't kidding; I'm a CFI right now and got my class date dropped about 100 hours before ATP mins. Made me decide I won't ever rely on the industry again; seems to always be fantastic right before it gets knocked on its rear.

@danyk welcome! Also love the Matrix analogy, seems like everywhere I look I see Slowlane being preached and lived, and it's insane.
 
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Andy Black

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Hey man! Great post, I'm about halfway through The Millionaire Fastlane right now and reading through your post, I found myself feeling the exact same way about my life. I went to college, got a finance/marketing degree, did a few different sales jobs and then eventually became an airline pilot.

As much as I love getting paid to fly airplanes, with COVID, it's about the worst time in aviation history to be a pilot and 12,500 pilots in the US alone have received notice that they will probably be furloughed come October 1st. I'm fortunate that I haven't received this notice and may not judging by my seniority within my company, but regardless it has made me realize that no job is ever truly protected. On top of that, I've felt the strain of a 30-35% pay cut for the last 4 months with basically a complete lack of demand for flying among the general public.

During the first few months of COVID, I found a sales gig on Craigslist offering unsecured cash advance loans to business owners. I decided to give it a try as we were supposed to get 5% payment on the face value of the loans we sell until we sell 2 and then 7% going forward. Since the average loan size advertised to us was $100k, and they claimed a "95+% approval rate" it seemed like it could be a truly profitable side hustle. I took it seriously, paid for my own marketing website, paid for Google Ads, and tried a number of other marketing strategies recommended by the company. After sorting through hundreds of businesses via telemarketing, mail marketing, and leads I received from my website, I submitted 4 applications to the company over about a 3-4 month stretch. All of these companies met the criteria given to me initially to fund a loan and all 4 were denied. On top of that, the company had said they offered loans in 2-3 days from application time. On more than one of these applications I submitted, I waited nearly 2 weeks to hear back, all for a denial.

After a few months beating my head against the wall with this company, I decided I needed to disassociate myself from them. I was putting my reputation and good word on the line telling business owners that I thought would legitimately get approved that they would probably be able to get a loan through us. When it was all said and done, I had spent about $3600 on a professionally built website, Google Ads, a membership with the local chamber of commerce and other expenses trying to be an independent contractor for this less than trustworthy company.

As much as I look back and think "What the hell were you doing looking for side jobs on Craigslist", this was a good experience for me in a sense. It got me out of my comfort zone, talking to business owners, seeing business bank statements (and some pretty impressive revenue levels), and realizing how much I craved my own business and passive income one day.

I loved your analogy about The Matrix and the mentality shift. I feel like the last few days since starting The Millionaire Fastlane , I'm continuously trying to view the world from the producer mindset. "How can I produce value for a large number of people???" That of course is the million dollar question and I don't know how long it will take me to answer it, but I'm hoping that within the next year, I have started a new venture that is truly my own where I'm in control of the variables of scale and magnitude.

I noticed you're in Colorado Springs from your post. I'm in Denver and it sounds like just a year ahead of you in age (turned 30 last December). I just had my first born son a few weeks ago. I think we share a somewhat similar life path so far and I wish you the best! Here's to us building truly profitable assets and being able to provide both time and financial freedom for our families!

And to @MJ DeMarco, thanks so much for sorting through all the bullshit that gurus put out there and getting to the real meat and potatoes of what truly builds wealth. It's such a simple concept, ""Provide value for millions and you'll make millions", and yet it gets lost in the fog of all the Slow Lane values out there. I'm looking forward to reading Unscripted and your other books as soon as I finish up The Millionaire Fastlane .


-Chris
What else can you offer those businesses that you got enquires from? You build a website and Google Ads campaigns. Would any of those businesses that need revenue be interested in making sales via their website and digital marketing campaigns? Is there anything else you can offer them in this time of need?
 

alexkuzmov

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Hi @alexkuzmov

Hope you are well.

To respond to your questions: I don't have a script but there are many out there. I have spoken with a lot of people and know more or less how to have a conversation. Like, think long and hard about who would you trust to raise your kid? The 'kid' is a person's money, you are the person who is 'raising' it. -- Trust is the only scarce resource in the world. It's a highly regulated industry -- the licenses and credentials, being a 'fiduciary' or not, fee-based verses commission, discretionary or not. NO guarantees. At all. Ever.
Definitely read Unscripted and Millionaire Fastlane as @MJ DeMarco really goes into detail about the financial advisory industry... 'planning for retirement,' 'dollar cost averaging,' 'buy and hold, 'day trading,' 401ks, IRAs, taxable accounts etc. For real everything that he talks about is accurate. Which is again why I feel like I'm in the matrix after reading his book because once you see it as the 'slow lane' you really can't unsee it. The people/institutions who make the big bucks are the ones 'teaching' and selling/creating the products/strategies, he mentions names which I know all about all too well. (Producers vs. consumers)
To answer your next question, there are 'packages' meaning model portfolios that are designed to be 'diversified' and take into account a client's risk tolerance, time horizon, investing experience and other factors. There are many many types of investment products. EFTs, mutual funds (load and no load), individual stocks, bonds, short term investments, options/derivatives etc. Also, a lot depends on where you work.

Hope that helps. :)

D -
Yup it helps, thank you.
As for providing value to millions, easier said than done, right...
Got told on the forum alot by various members, before helping (providing value to) milions, help just one person, then another and another etc.
I bet you can help people handle their finances better and get them out of say the day trading trap or something.
 

FltLevel391

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Hey Chris,

Cheers to reading the book. It's SO good, right! Would be interested to hear about the parts that really resonated with you? I'm on chapter 32 and am working through writing out my 'whys' and starting to build new neural pathways for my thoughts from consumer to producer. It's definitely a paradigm shift, I really bought into the slow lane so this deprogramming and reprogramming is real. lol.

Unscripted is really wild and would highly recommend, especially the audiobook while you're taking care of your new little one. Listening is the only way I can get through a book anymore, those wireless headphones are a gift from God. Sincere congrats on being a parent, it is the most responsibility and meaning we can ever have. Let me know if you have any questions, breastfeeding and sleepless nights are freaking tough. My kiddo is two and my husband and I want a couple more. :)

I've been watching the airline industry, what a freaking disaster right now. Glad you still have some income. We all definitely have to get creative really quickly. Glad you've learned that loans business wasn't working out and adapted quickly!! What a learning opportunity, Mistakes suck but not learning from our choices is a hellish insanity.

I was talking to a friend about her son who is a senior in high school this year and wants to play college football but who probably won't have footage from senior year games to show to colleges. I told her we all have to start getting creative including the almost-adults. We talked about maybe getting some of his buddies together and filming themselves playing. Maybe start thinking about other avenues than just playing in college. The big leagues are driving away some fans with the political becoming so personal, could there be something else to bring to the table for them. Like you said, start looking at the world as a producer instead of a victim/consumer.

Very glad you reached out and that you're in Colorado and trying to get out of this matrix too! One step at a time. Keep in touch!

- Dany (Danielle) :)
 
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FltLevel391

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Hey Chris,

Cheers to reading the book. It's SO good, right! Would be interested to hear about the parts that really resonated with you? I'm on chapter 32 and am working through writing out my 'whys' and starting to build new neural pathways for my thoughts from consumer to producer. It's definitely a paradigm shift, I really bought into the slow lane so this deprogramming and reprogramming is real. lol.

Unscripted is really wild and would highly recommend, especially the audiobook while you're taking care of your new little one. Listening is the only way I can get through a book anymore, those wireless headphones are a gift from God. Sincere congrats on being a parent, it is the most responsibility and meaning we can ever have. Let me know if you have any questions, breastfeeding and sleepless nights are freaking tough. My kiddo is two and my husband and I want a couple more. :)

I've been watching the airline industry, what a freaking disaster right now. Glad you still have some income. We all definitely have to get creative really quickly. Glad you've learned that loans business wasn't working out and adapted quickly!! What a learning opportunity, Mistakes suck but not learning from our choices is a hellish insanity.

I was talking to a friend about her son who is a senior in high school this year and wants to play college football but who probably won't have footage from senior year games to show to colleges. I told her we all have to start getting creative including the almost-adults. We talked about maybe getting some of his buddies together and filming themselves playing. Maybe start thinking about other avenues than just playing in college. The big leagues are driving away some fans with the political becoming so personal, could there be something else to bring to the table for them. Like you said, start looking at the world as a producer instead of a victim/consumer.

Very glad you reached out and that you're in Colorado and trying to get out of this matrix too! One step at a time. Keep in touch!

- Dany (Danielle) :)
Hi Dany,

First of all, I apologize for the "Hey man" intro. I guess I saw your name and reading through your post I just kind of assumed you were male. My bad lol. I need to start utilizing audiobooks. So easy to get distracted in the era of internet/social media/Netflix. I'm on Chapter 24 now. I think what has been most eye opening for me was the statistics on chances of success down each of the paths at the beginning of Chapter 16: the idea that you have about a 17% chance of being awarded $500,000 in 40 years, as opposed to having a 14% chance of being awarded $10,000,000 in 6 years. To think that you only accept 3% more risk for an opportunity for a ton more money in a much shorter time frame is really incredible. But most of America PERCEIVES such a dramatic increase in risk in starting a business and it's what keeps most of us on the slowlane.

The intro to parenthood has been a little different for us so far, my son was born 8 weeks premature at the beginning of August. He's been in the NICU for 4 weeks so far, but all things considered, he's been doing very well and he'll hopefully be able to come home in the next week or two. I know about the sleepless nights though, my wife gets up every 3 hours to pump breastmilk. I've told her a few times now that with the amount of frozen breastmilk we have in the freezer, we could be a prime supplier for bodybuilders who buy it online haha!

As a former student athlete, I can appreciate your friend's son's distress at the situation. For many of these kids, if they're talented at the high school level, their sport is their world and to think of not continuing seems world-ending. One of the best lessons I've learned in life is that the faster you can accept change into your world and shift gears onto a new path, the greater chance you have to leverage an opportunity not considered before. Similar to what @MJ DeMarco talks about in Chapter 23 about choices. This kid is so young and the choices he makes are potentially much more powerful. Maybe he could monetize those group filming sessions of high school age athletes trying to produce film for recruiters? Many parents who believe their kids will be the next Peyton Manning would happily pay for an opportunity to get better film out to college recruiters. He could sell it with the idea that all players at the scrimmage and filmmakers had been tested for fever/symptoms of COVID. Even if he only made a little money, it could open up an entrepreneurial streak in him that stick with him for life.

Best,
Chris
 

FltLevel391

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Man you ain't kidding; I'm a CFI right now and got my class date dropped about 100 hours before ATP mins. Made me decide I won't ever rely on the industry again; seems to always be fantastic right before it gets knocked on its rear.

@danyk welcome! Also love the Matrix analogy, seems like everywhere I look I see Slowlane being preached and lived, and it's insane.

It is an industry that is entirely dependent upon the economy as a whole and even the Captains who have put in 20+ years at a legacy or Southwest are still trading time for money (even if it's at $300+/hour lol). You'll figure out when you eventually get to an airline if you continue with the industry that being home with family/friends is not something you get back. You can make $750k+/yr as a widebody Captain at DAL, but if you're never around for your family, you'll be paying half of that to your first or second spouse in alimony.

I'm not saying to give up on your goals because I'm the first to admit that most people become pilots out of a passion for flying, myself included. But to count on it for a high salary potential in 15-20 years is probably not the best financial choice. Much better to find a way to provide value to society and leverage it into your own fastlane business.

-Chris
 

FltLevel391

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What else can you offer those businesses that you got enquires from? You build a website and Google Ads campaigns. Would any of those businesses that need revenue be interested in making sales via their website and digital marketing campaigns? Is there anything else you can offer them in this time of need?

Hey Andy,

I guess I hadn't considered that because I paid a digital marketing company to design my WordPress site and for help in getting better click through/conversion rates on my Google Ads. I don't really have any website design experience at this point, but maybe this is the time when I teach myself!

-Chris
 
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McDrummerSLR

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It is an industry that is entirely dependent upon the economy as a whole and even the Captains who have put in 20+ years at a legacy or Southwest are still trading time for money (even if it's at $300+/hour lol). You'll figure out when you eventually get to an airline if you continue with the industry that being home with family/friends is not something you get back. You can make $750k+/yr as a widebody Captain at DAL, but if you're never around for your family, you'll be paying half of that to your first or second spouse in alimony.

I'm not saying to give up on your goals because I'm the first to admit that most people become pilots out of a passion for flying, myself included. But to count on it for a high salary potential in 15-20 years is probably not the best financial choice. Much better to find a way to provide value to society and leverage it into your own fastlane business.

I've been thinking about this a lot lately to be honest; while I have dreamt of being able to do it my whole life and don't have any intention of ditching the industry entirely just yet, waking up from the Matrix to this Fastlane journey has made me realize that being able to fly for an airline and not be reliant on it as a source of income would truly be the best way to do it. That way if I decide it's keeping me away too much or if the industry tanks again, I'll still have my Fastlane business allowing me the ability to leave when I want. Since having that revelation, I've been able to look at COVID as a blessing in disguise for me as the painfully slow pace of work gives me ample amounts of time at work to work on building my brand.
 

FltLevel391

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I've been thinking about this a lot lately to be honest; while I have dreamt of being able to do it my whole life and don't have any intention of ditching the industry entirely just yet, waking up from the Matrix to this Fastlane journey has made me realize that being able to fly for an airline and not be reliant on it as a source of income would truly be the best way to do it. That way if I decide it's keeping me away too much or if the industry tanks again, I'll still have my Fastlane business allowing me the ability to leave when I want. Since having that revelation, I've been able to look at COVID as a blessing in disguise for me as the painfully slow pace of work gives me ample amounts of time at work to work on building my brand.
What's your current brand if you don't mind me asking?
 

McDrummerSLR

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What's your current brand if you don't mind me asking?

Still a work in progress, nothing is out yet ;) I probably jumped the gun using that phrase lol, I'm in the design/filing legal paperwork phase.
 
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