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27 Year Old 8 Years Away From Retirement

JoshFuentes90

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Hello,

My name is Josh Fuentes and I plan to retire at 35 or earlier. Currently, I work at as a school janitor. Very cushion union decent pay ($2500/Month) job where I work half the time I am paid for. My side gig is ebay ($5K/Month). Anyway, after reading the first book I learned my business violates the 5 commandments of the Fastlane. Therefore, I am considering building a website or an app that will get me on board the fastlane:D I have a few ideas but no experience with coding. Ive watched a few videos and visited websites on the subject. Furthermore, I will keep you guys updated on my journey IF ANYONE HAS ANY TIPS OR INFO you would like to share with me I would appreciate your kindness.

Best Regards
 
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JuliaLV

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Welcome and best of luck on your journey! =]
 

MJ DeMarco

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My side gig is ebay ($5K/Month).

Congrats, impressive start.

after reading the first book I learned my business violates the 5 commandments of the Fastlane.

Are there any actions you can take to change that? A $5k/mo business that meets 0 commandments is better than someone who does nothing, but thinks their idea meets all 5.

Welcome aboard.
 

JoshFuentes90

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Congrats, impressive start.



Are there any actions you can take to change that? A $5k/mo business that meets 0 commandments is better than someone who does nothing, but thinks their idea meets all 5.

Welcome aboard.

If you mean scaling, yes. I am currently working towards $10K/12K a month by march of next year. By then my business would be about 75% passive. But my ultimate goal is to earn a few million dollars annually. Unfortunately, that will be too difficult and most important EXTREMELY time consuming for me to do. Thank you so much for the content youve published:D
 
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ALC

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Is that possible to make that kind of money on Ebay ? Do you mind if i ask you..are you selling your own products or re-selling things ?
 

MitchM

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If you mean scaling, yes. I am currently working towards $10K/12K a month by march of next year. By then my business would be about 75% passive. But my ultimate goal is to earn a few million dollars annually. Unfortunately, that will be too difficult and most important EXTREMELY time consuming for me to do. Thank you so much for the content youve published:D
With 5k a month on eBay would it be possible to quit your cushy job and go after your entrepreneurial pursuits full time?

I'm not saying that I think you should because I don't know anything about you or your circumstances. I know that I would though.
 

458

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Hello,

My name is Josh Fuentes and I plan to retire at 35 or earlier. Currently, I work at as a school janitor. Very cushion union decent pay ($2500/Month) job where I work half the time I am paid for. My side gig is ebay ($5K/Month). Anyway, after reading the first book I learned my business violates the 5 commandments of the Fastlane. Therefore, I am considering building a website or an app that will get me on board the fastlane:D I have a few ideas but no experience with coding. Ive watched a few videos and visited websites on the subject. Furthermore, I will keep you guys updated on my journey IF ANYONE HAS ANY TIPS OR INFO you would like to share with me I would appreciate your kindness.

Best Regards

Retire from what?
 
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JoshFuentes90

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With 5k a month on eBay would it be possible to quit your cushy job and go after your entrepreneurial pursuits full time?

I'm not saying that I think you should because I don't know anything about you or your circumstances. I know that I would though.

Hello,

I dont quit it because its EASY money plus holidays off and paid for, very cheap medical plan for my kid and wife, and as I said I work for half the time I am paid for. When I am done I either read or start working on ebay.
 

JoshFuentes90

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Is that possible to make that kind of money on Ebay ? Do you mind if i ask you..are you selling your own products or re-selling things ?

Possible? Yes. I am a reseller. The problem is that my business violates the fastlane commandment of control because I am precarious on ebay's updates, algorithm, ect
 

ALC

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Possible? Yes. I am a reseller. The problem is that my business violates the fastlane commandment of control because I am precarious on ebay's updates, algorithm, ect
Indeed,
Good luck for your next project ;)
 

fhs8

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Just wondering is it $5k in gross revenue or $5k in net income?
 
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AgainstAllOdds

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Hi,

I really dont keep track of it all. Most of my profits I use to stretch out my inventory. But I would say after fees (13%) I take home about $4K before taxes.

Have you thought about expanding to Amazon FBA? Could easily double your income.
 

JoshFuentes90

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Have you thought about expanding to Amazon FBA? Could easily double your income.

Thought about it, yes! I am a firm believer of concentrating your energy to one goal. For a few years that has been my learning about my niche on ebay. As I mentioned before, my time is now spent on scaling once my sales hit a constant monthly income I will have more time to peruse other entrepreneurial endeavors. Thank you very much for your suggestion feel free to inbox me if you want to share more information with me:)
 
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