6 Figures At 18! 1 Year of The Fastlane Forum

[Waspy]

If some 18 year old kid can do it, I know I can do it

Don't make the mistake of thinking that because someone young can do it, it's easy. It's not.

PTP got where he is by putting the hours in. Pure work ethic. Age has nothing to do with it.

You CAN do it, But not because "some 18 year old kid" can. You CAN do it if you hustle like PTP.

 

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[OldFaithful]

Great story, thanks.

Also, thank you so much for the advice of getting the logo engraved on the products. Its a little expensive but people definitely trust the brand a lot more than they used to and sales have increased as a result.

I'll just add this suggestion. I believe you're trying to have your own product manufactured...if it's a plastic part, you can have the logo/name put into the mold so that it's molded into the plastic. Then you don't have the additional cost/time in engraving each unit. There is probably an upfront cost associated with the tooling change, so do the math and see if it's cost justified. It can be a considerable cost savings!

 

[PTP]

Congratulations Is all I can say to you, and I'll follow the example you've set for other young members.

I'm counting on it man

 

[PTP]

Did you get the "definite chief aim" idea/wording from reading Napoleon Hill?

Exactly. I believe it was either Think and Grow Rich or The Law of Success or both.

 

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[PTP]

Great story, thanks.


I'll just add this suggestion. I believe you're trying to have your own product manufactured...if it's a plastic part, you can have the logo/name put into the mold so that it's molded into the plastic. Then you don't have the additional cost/time in engraving each unit. There is probably an upfront cost associated with the tooling change, so do the math and see if it's cost justified. It can be a considerable cost savings!

I appreciate it! Later on down the line I plan on adding more plastic based products. I will definitely look into it when the time comes.

 

[Invictus]

This is my new favorite thread on the forum.

Congratulations man, what you did is amazing. It was all you too. You're going to go pretty damn far.

 

[Envision]

This is awesome man! Good work with all of the progress and action. It's eerie how similar your experience is to mine when you describe it. Reading you're instagress strategy is exactly what I did to grow my brands following on IG. Let alone the progress and journey you've gone through.

I dropped out of college when I was 19ish and said F*ck it, I wasnt doing what you were doing at 18 I was going through my mental masturbation stage. I knew that college was flawed and the path that you "should follow" is skewed. Societies perception of success and what is possible for you is completely falsified and the only thing perpetuating the cycle is the masses beliefs that are repeated to them from generation to generation and when it comes to older adults (parents) they dont understand reality has shifted and that there are other options because of the internet.

You are a prime example of what is possible with discipline, action, and study. The floodgates are open when it comes to finding information and creating a business or multiple streams of income and thats because of forums and websites like this one (thanks @MJ DeMarco ).

All you need to do is allocate the time and sacrifice to make it happen. Work the 9-5 and come home and work the 6-2 and then get up at 6 to study and repeat. There is no secret. It's just work and its awesome that you're making it happen so young.

Keep going.

Some things I've noticed that might help you:

Study wealth preservation - Put your money into multi family real estate (starting small) buy a duplex and live in one side rent out the other side. See if you like it and if you do, get more. Having a fastlane business that is fueling a real estate business is the BEST way to ensure long term wealth creation and financial freedom. Hit me up if you need some guidance and read @G_Alexander thread.

or you could spend it on strippers and blow, but thats short lived.

Watch for those who don't clap - You'll notice alot of people you thought were your friends dont like the fact that you're seeing success. Distance yourself from them and put yourself in situations where you can find like minded people.

Good luck with it man!

 

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[Argue]

Terrific thread. Liked and watched. Very inspiring stuff going on here. You're 18, business focused, and primed to create value in this world. Kids your age prefer parties, binge watching anime, purchasing designer clothes, liking cat videos on Facebook, etc.

You're an outlier man, you remind so much of Bill Gates. Instead of leading a normal life, you're locked in your room working hard for an outcome. You're consistently striving to achieve your goals. You're putting in 10,000+ hours while others are failing to take action and just do.

It's amazing because you're clearly detailing your journey and showing us that it's indeed possible to create a business - and with hard work and time, things can come into fruition. Keep up this great "Lebron James" work ethic... keep inspiring the world!

 

[Ecom man]

Excellent job! Doing 100k a year is stellar for anyone's first year but to do it at 18 is absolutely remarkable! Way to go!

 

[PTP]

This is awesome man! Good work with all of the progress and action. It's eerie how similar your experience is to mine when you describe it. Reading you're instagress strategy is exactly what I did to grow my brands following on IG. Let alone the progress and journey you've gone through.

I dropped out of college when I was 19ish and said F*ck it, I wasnt doing what you were doing at 18 I was going through my mental masturbation stage. I knew that college was flawed and the path that you "should follow" is skewed. Societies perception of success and what is possible for you is completely falsified and the only thing perpetuating the cycle is the masses beliefs that are repeated to them from generation to generation and when it comes to older adults (parents) they dont understand reality has shifted and that there are other options because of the internet.

You are a prime example of what is possible with discipline, action, and study. The floodgates are open when it comes to finding information and creating a business or multiple streams of income and thats because of forums and websites like this one (thanks @MJ DeMarco ).

All you need to do is allocate the time and sacrifice to make it happen. Work the 9-5 and come home and work the 6-2 and then get up at 6 to study and repeat. There is no secret. It's just work and its awesome that you're making it happen so young.

Keep going.

Some things I've noticed that might help you:

Study wealth preservation - Put your money into multi family real estate (starting small) buy a duplex and live in one side rent out the other side. See if you like it and if you do, get more. Having a fastlane business that is fueling a real estate business is the BEST way to ensure long term wealth creation and financial freedom. Hit me up if you need some guidance and read @G_Alexander thread.

or you could spend it on strippers and blow, but thats short lived.

Watch for those who don't clap - You'll notice alot of people you thought were your friends dont like the fact that you're seeing success. Distance yourself from them and put yourself in situations where you can find like minded people.

Good luck with it man!

I absolutely know what you mean about school! This year, especially with the increased emphasis on picking a college, has been extremely conflicting. Theres the path society wants me to take vs the path I see for myself. Im still weighing the pros and cons of going but the only reason to go would be to have a "safety net". However, Im not sure if a safety net is worth 4 years of my life + $100k. Thats something I need to figure out for myself.

The funny thing is though, it seems my grades and business are inversely related. Meaning that the worse my grades are, the better by business does. I just cant figure out why...

Real estate honestly has never crossed my mind. However, since your post ive looked into it more and checked out @G_Alexander thread. I just reserved a spot in a local meetup of real estate investors for later this month. Once I get a better grasp of what investing is, and a better idea of what to ask, I will definitely take you up on your offer! Id hate to waste your time with basic questions

Thank you very much for all the advice! I look forward to when we meet

 

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[Envision]

I absolutely know what you mean about school! This year, especially with the increased emphasis on picking a college, has been extremely conflicting. Theres the path society wants me to take vs the path I see for myself. Im still weighing the pros and cons of going but the only reason to go would be to have a "safety net". However, Im not sure if a safety net is worth 4 years of my life + $100k. Thats something I need to figure out for myself.

The funny thing is though, it seems my grades and business are inversely related. Meaning that the worse my grades are, the better by business does. I just cant figure out why...

Real estate honestly has never crossed my mind. However, since your post ive looked into it more and checked out @G_Alexander thread. I just reserved a spot in a local meetup of real estate investors for later this month. Once I get a better grasp of what investing is, and a better idea of what to ask, I will definitely take you up on your offer! Id hate to waste your time with basic questions

Thank you very much for all the advice! I look forward to when we meet

Thats what Im talking about! Taking Action.

Dude F*ck school, if its not being paid for by your parents or you dont have FULL scholarships I wouldnt go in your spot (you really have an opportunity here to set yourself up for the rest of your life). Id grow your brand to 1M over the next 1-2 years and pump your profits into real estate. You get 10 duplexs that cash flow $500/mo you're going to passively make more than all the grads + you'll have the income off your business to live on as well.

The Real Wealth Formula

The idea is that you use fastlane business 1 (e-commerce) to build and scale a real estate company that will eventually grow itself. Once you can get your real estate to a point where it can sustain and grow itself you're free to pay yourself profits for the rest of your life. Because you have control, time, need, entry, and scale locked down and in your possession.

Say it costs 30k to buy a duplex. and you're making $500/mo off 10 properties you can buy a new property every 6 months with the cash flow that your properties are producing. These numbers are not actual, but the principles are. As you gain more properties in your system the timeline shortens and the number of properties/units scales creating a snowball effect

People may say this doesnt work, its flawed, not realistic, etc... But i've seen it. My mentor and his dad sold their company for 8 figures. Pumped a large majority of their money into storage. They now have 100M in storage all privately owned with their own management company. They can literally buy a facility every year for the rest of their life without using any of their own money while paying themselves money that people dream of PASSIVELY (while the majority of the profits are being reinvested). The system is the same but the scale is different for people like you and me.

Use the success and financial growth your seeing now to literally retire at 27/28/29 while everyone is settling into their 50k/year career.

Just food for thought for you. It'll be cool to see what you do over the next couple years.

 

[Ubermensch]

Man, I'm so jealous of some of you young guys that have figured it out so quickly. I didn't figure out much of this type of stuff until nearly a decade later. I guess that's why I wrote TMF ...

Congrats on what you've done this far.

And you haven't even graduated high school yet?



I changed it to success -- but it will go GOLD eventually.

Everyone needs to read this, especially the whiners who like to complain they can't find an opportunity.

Precocious hustlers are expected in a world post TMF , after the moment you exposed the naked truth of hustling in the eyes of teenagers and seniors alike.

This is the type of post that I would want my children to post, at a young and impressive age. Nothing would make me more proud than one of my children turning out like the OP.

 

[PTP]

Thats what Im talking about! Taking Action.

Dude F*ck school, if its not being paid for by your parents or you dont have FULL scholarships I wouldnt go in your spot (you really have an opportunity here to set yourself up for the rest of your life). Id grow your brand to 1M over the next 1-2 years and pump your profits into real estate. You get 10 duplexs that cash flow $500/mo you're going to passively make more than all the grads + you'll have the income off your business to live on as well.

The Real Wealth Formula

The idea is that you use fastlane business 1 (e-commerce) to build and scale a real estate company that will eventually grow itself. Once you can get your real estate to a point where it can sustain and grow itself you're free to pay yourself profits for the rest of your life. Because you have control, time, need, entry, and scale locked down and in your possession.

Say it costs 30k to buy a duplex. and you're making $500/mo off 10 properties you can buy a new property every 6 months with the cash flow that your properties are producing. These numbers are not actual, but the principles are. As you gain more properties in your system the timeline shortens and the number of properties/units scales creating a snowball effect

People may say this doesnt work, its flawed, not realistic, etc... But i've seen it. My mentor and his dad sold their company for 8 figures. Pumped a large majority of their money into storage. They now have 100M in storage all privately owned with their own management company. They can literally buy a facility every year for the rest of their life without using any of their own money while paying themselves money that people dream of PASSIVELY (while the majority of the profits are being reinvested). The system is the same but the scale is different for people like you and me.

Use the success and financial growth your seeing now to literally retire at 27/28/29 while everyone is settling into their 50k/year career.

Just food for thought for you. It'll be cool to see what you do over the next couple years.

My head is literally spinning! Real estate wasnt even on my radar until yesterday. Now I find out that it could be even bigger than eCommerce. I had no idea there was THAT much potential!

I cannot tell you how thankful I am for you showing me this. Rep$ transferred!

 

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[thinkandgrowrich]

My head is literally spinning! Real estate wasnt even on my radar until yesterday. Now I find out that it could be even bigger than eCommerce. I had no idea there was THAT much potential!

I cannot tell you how thankful I am for you showing me this. Rep$ transferred!

If you have the capital and a sustainable business, real estate is definitely the way to go. If you invest right you can retire in a few years and just live life man. Idk much though, just speaking on things I've read/seen.

So jealous lol, but congrats on the success and keep striving.

 

[Esoteric Wealth]

You're doing so great man, very inspiring. I'm 19 and havent even come close to what you have done.

A word of advice, if you're not in a relationship, don't get in one right now. I've been in one for the past two years and it can take so much mental space especially when things aren't working out.

I really believe that I would be so much farther right now if I had been single for the past two years.

Sent from my Moto G (4) using Tapatalk

 

[Envision]

My head is literally spinning! Real estate wasnt even on my radar until yesterday. Now I find out that it could be even bigger than eCommerce. I had no idea there was THAT much potential!

I cannot tell you how thankful I am for you showing me this. Rep$ transferred!

For sure man, it's just important to realize that the majority of all e-commerce businesses are high cash flow and high risk. There is no security or hard asset backing it unless you have a massive brand that becomes an asset over time. Otherwise your brand can get crushed, become invalid, etc... You need to offset that risk with something that provides more security through hard assets, moderate cash flow, with the principles of Mj's commandments. I think real estate is the best method for that because over time the size of the real estate you can buy becomes high cash flow (like e-commerce) so you get the best of all worlds.

High cash flow, Security in hard assets, high barrier to entry = Security + Wealth

And these are my beliefs - most people wont agree because you're literally going to sacrifice all the money your making from business 1 (which is everyone's goal) to create another company thats going to take alot of time, money, and energy. But me and you are very similar in age and we have time and energy and I think it would benefit you to consider it.

 

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[biophase]

My head is literally spinning! Real estate wasnt even on my radar until yesterday. Now I find out that it could be even bigger than eCommerce. I had no idea there was THAT much potential!

I cannot tell you how thankful I am for you showing me this. Rep$ transferred!

I'd recommend taking 1-2 years of reading about REI and concentrating on your business. You are 18 and don't want to squander any of that hard earned money in REI just yet. Use your business to make money and REI to preserve and grow it.

 

[jon.a]

I'd recommend taking 1-2 years of reading about REI and concentrating on your business. You are 18 and don't want to squander any of that hard earned money in REI just yet. Use your business to make money and REI to preserve and grow it.

BINGO!

Gold Post.

 

[SteveO]

I'd recommend taking 1-2 years of reading about REI and concentrating on your business. You are 18 and don't want to squander any of that hard earned money in REI just yet. Use your business to make money and REI to preserve and grow it.

Agree. Not everyone makes money with real estate. There are learning curves to everything.

 

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[luniac]

Absolutely amazing.
At 18 i just played video games.

You're so far ahead of the curve It's unbelievable!

much respect.

 

[Ubermensch]

Agree. Not everyone makes money with real estate. There are learning curves to everything.

The master of simple and true strikes again.

 

[RoyalVending]

Keep up the awesome job! Thinking outside the box is always subject to ridicules. Sacrifice is where it's at. It paid off and with proper planning and investing you should be well on your way to a life time achiever creating the economic structure needed for growth in this country. A wise person once told me not to keep all my eggs in one basket. If you trip and fall you will end up with nothing except scrambled eggs! So diversify multiple streams of income to generate life time security and wealth. I pray for continued success for you!

Sent from my N9518 using Tapatalk

 

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[Lexauton]

A sincere congratulations! You're doing all the right things for your business and the results are following .

Many amazing posters have contributed invaluable advice as well, now I remember why it's important to frequent this forum.

Either way, keep inspiring, sharing, learning, growing, and staying humble.

Some of us aren't doing so well when it comes to cash flow for various reasons, but it's action-oriented entrepreneurs like yourself that remind us it's not impossible if we make the right causative shifts.

 

[amp0193]

The funny thing is though, it seems my grades and business are inversely related. Meaning that the worse my grades are, the better by business does. I just cant figure out why...

The better my business did, the more checked out I became at my full-time job. By the end, my business was doing so well, and I was doing so poorly at work, that my boss asked me to put in my resignation.

I happily did so


More than anything, it was a mental thing. The less I needed to rely on the job's income, the less I cared about it, and the poorer my performance was as a result. By the end, the job was this annoying distraction that was just getting in the way of what I really needed to be working on.

 

[PTP]

I'd recommend taking 1-2 years of reading about REI and concentrating on your business. You are 18 and don't want to squander any of that hard earned money in REI just yet. Use your business to make money and REI to preserve and grow it.

Agree. Not everyone makes money with real estate. There are learning curves to everything.

Thank you both for your insights. I will continue to grow and expand my shop but in the mean time attend meetups/learn about REI. Once my store starts producing investable money, I will then begin REI. Its now on my radar and by the time I start, my ecommerce store wont be so cash intensive.

 

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[PTP]

More than anything, it was a mental thing. The less I needed to rely on the job's income, the less I cared about it, and the poorer my performance was as a result. By the end, the job was this annoying distraction that was just getting in the way of what I really needed to be working on.

This. 100% relatable.

Ive resorted to either spending my time managing Insta/Facebook or reading my books

Also, congrats on quitting your job man!

 

[becks22]

Would love to learn more about how you are trying to find suppliers in the US? I am just starting the process and have been in contact with suppliers in China. Eventually, I would like to move back to the US if it financially makes sense.

Your other thread says you are looking at someone who lives close to where you currently live? Any luck with that?

Also are you selling internationally or only domestic?

 

[PTP]

Your other thread says you are looking at someone who lives close to where you currently live? Any luck with that?

Right now im just googling people that are near my location (<hour). There is one manufacture that is literally 5 mins down the street. Basically I stopped by and asked if they could manufacture what I wanted.

They wernt able to so I just asked if there was another person that he knew that could help out. He recommend me to another facility about 45 mins away that I really want to work with. They do exactly what I need.

What im doing now is meeting other similar manufactures in my area to get quotes and maybe gain some leverage. Basically you just google "_______ manufactures near me" and see what you find. I prefer meeting people face to face because its just easier that way.

My suggestion to you would be to find one manufacture near you and go and meet them. If they cant do what you want, ask if they know anyone that can. Manufactures know who their competitors are. They will likely be able to help you with finding what you need.

Also are you selling internationally or only domestic?

Only domestically right now but I have plans of expanding my brand internationally.

 

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[becks22]

Hopefully you can get your products made in the US soon enough. Good luck to you! Your threads have been super helpful

 

[Phones]

Congrats @PTP, it's great to hear other youngsters succeeding

we have similar stories and both doing eCom, PM me if you'd like to chat.