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Very informative thread and a great breakdown of the culture of forum.
Wiser people than myself have already mentioned this but this thread should be mandatory reading to anyone who joins the forum.
I would also second the motion to block new users from posting for the first 30 days, this would force people to read a few threads before posting and hopefully avoid asking questions which have already been answered in great detail.
This would be beneficial to veterans, who won't get frustrated at having to answer the same questions and to new users who will avoid asking such questions by reading a few threads on their subject of enquiry.
In the above post I recommended finding someone in the field you want to be in and start helping them out/providing value to them/learning from them etc
SO...
Who's who?
Must Follows
@JackEdwards (all around genius)
@snowbank (professional poker player, ecommerce, all around genius)
@IceCreamKid (all around genius, copywriting)
@Silverhawk851 (drops some serious value
This is legit, it answered a lot of my questions I have about the forum. Feeling a bit overwhelmed by all of the content on here, I have no idea where to start, this gives me a really good idea, thank you.
I hate wasting other people's time because I feel as though I am wasting my time. Thank you for posting this and thank you @SinisterLex for making it clear.
Andy Black asked me to read this link and respond with my takeaways before talking further.....then to post this reply I sent him on here...
These were my thoughts as I read this....
Andy.....
My takeaway is that the slowlane for me is a little different.....
I have been one of the best wherever worked, at whatever done....I thought I had a lot because I had more than others around me....but growing up I did not have the perception of making a lot of money unless a doctor or lawyer....I literally told myself when thinking of the future....I don't know what I'll do but I'm good at everything I do once learn it.....so something will fall out of the sky....I ACTUALLY RELIED ON THAT! we didn't have Internet when I was young showing us how everything is possible....and I was above others around me.......so time went on and nothing has ever fallen out of the sky as figured.....
I bought and sold things ever since young....everything can think of.....people would come to me and I would flip things daily....put a post it note on that 20 or 100 bucks of how I made it.....and some of those rubber bands of money I still have in envelopes to this very day from 15 years ago....rubber bands are so old they're fracked and broke stuck to the money.....I saved money and determined how I'll spend it by what it took for me to get it by that note I wrote. I sold things I shouldn't of and......if can understand somehow.....when you have a "money tree" like that you think you're getting ahead but all it did was make me not pursue real business success such as what all of you have.
I have no debt,perfect credit, few college credits and I invested years and years into personal training and trying to be the BEST there is thinking it would make me money. I hated the sales part of it because I didn't want to be the fake people around me....horrible at what they do and ripping people off. I WANTED PEOPLE TO COME TO ME......I believed so much if I just sat on Internet everyday mastering the body....I'd become great. Even now my business is almost a hobby because I give each person almost 2 hours sometimes because "I want it done right"......my own client tells me I charge not enough.....Lost my future wife because of my way of thinking....and even worse I held her back in life making her wait for me to finally be successful....so much regret for this I could type and type.
I got a side job driving a bus for 4 hrs a day just to be productive somehow between appointments.....it makes me feel terrible trading my life doing that.....I have a stepfather that says good job, its money......I see nothing but an hourglass emptying every second....always been worried time passing to fast since young.
I believed DEEPLY each person needs to spend life working doing what they love or they're wasting life....I preached this to my girl for years and would have my kid if had any back then.....she always disagreed.....she was right about everything......I was wrong my whole life.......I have the emotions currently to give all of what I have left just to be wealthy enough to make her life so she doesn't have to suffer working.....it's all I care......it's all that stops me from sitting,thinking with tears....
What's time worth?
My time is everything to me just as she was.....but my actions don't reflect what's inside me.
I contacted a mentor but.....I don't feel he understands....worried if I listen and follow advice I could waste more time.....
Wow @Andy Black , Thanks for pointing me to all these good threads today. I'm discovering that you're like the matchmaker in Malcolm Gladwell's Tipping Point book. You're a hub pointing the way to all the good shit. Thanks Man! +Rep
@Andy Black, appreciate you responding to me earlier this week on my re-intro. I am still working through your threads and recommendations. Thanks once more!
I find this thread very useful and it is the absolute beginners guide.
In my opinion though, the first thing that I would like to see - as a noob - aside from what the guide gives (where to find who/what).
'How to use this forum' in one paragraph:
Please feel free to look for an area of your interest, may it be 'healthy lifestyle' or anything even vaguely related to the Fastlane concept. And start contributing. This is the fastest way to creating value for other people and testing your concepts too.
This is, in my not so even close to being humble opinion, the closest you can get to the 'fastlane philosophy' in a second. With respect to the creator of the thread and people creating the value here.
Excellent, lots of information and very accurate for the new ones. Its going to avoid wasting time going around and maybe free up the mentor's to concentrate on more advanced questions.
THE CONCEPTS
The Fastlane
The Fastlane means creating a business model that follows CENTS, solves a need & eventually involves seperating from the "time for money" equation. CENTS can be described MORE here:
The Slowlane
The Slowlane is the "popular" approach to getting rich. It involves saving 10% of your income for 40-50 years, giving it to Wall Street, and then hopefully having enough to retire on.
The Sidewalk
The Sidewalk includes people who have no plans/uses for money. They spend money they dont have, on things they dont need, to impress people they dont really like. A sidewalker believes that the only way to get rich is through luck.
If you look closely you'll notice that the Fast Lane & Slow Lane are built around a process, while the Side Walk is built around an event
Process Vs Events
Getting rich through a process means that you dedicate a resource (time, sweat equity, money) into a calculated risk (business/investments) thus increasing your probablity of success
Getting rich through an event means "Getting lucky" like winning the lotto, suing McDonalds for serving coffee that was "too hot" or inheriting a fortune from a distant relative
Chances of winning the lotto is one in 175 million
Chances of a startup succeeding 10-30% The Fastlane Forum
The Fastlane Forum or TFLF for short, is a place where you can hangout with other people who have read the book. Some of these "other people" actually put the concepts in the book to work and are worth millions. What the Fast Lane is NOT
A place where you can learn to make $xx / month
A get rich easy forum (no penny stocks for example)
A place for you to market your product (unless you contribute heavily)
1. Should I go to college?
I personally wouldn't but every situation is unique
Some things to consider
Are you a natural entrepreneur?
Can you afford to go to college?
Are you not going for the right reasons? GOLD - Do You Have A Successful Entrepreneurial Premise?
2. Should I quit my job?
I personally would but evey situation is unique
Some things to account for
Do you have savings/way to make money without it? If you have a years worth of savings to figure it out why not
Do you have a business model WITH sales? Don't quit for something with no sales
3. I want a mentor in the Fast Lane, where can I find one?
You're in the right place. This forum is home to some heavy hitters. My suggestion is to pick what you want to pursue and stalk their posts, provide value to them and they'll eventually talk to you. This applies offline too
7. Should I learn to program?
Read this: GOLD - Learning to Program is STUPID! (or SMART?!)
Some factors to consider
Whats your time worth?
Can I outsource for less?
Can I raise the money with a Kickstarter or pre-sales to fund the programming if its not worth it for me to learn?
If I cant, can I give equity to a programmer?
8. What would you do with $XX,XXX?
Does it matter?
Reinvest in your business
This is a forum about making money, not spending it. I doubt anyone will have a problem with that.
9. Hypotheticals (selling my startup that i havent started)
This is like worrying about taxes on all the money you haven't made.
There's a time & place for everything, worry about it when the time comes.
10. When should I get an LLC?
When you start making sales
mind-boggling amounts of information & threads to look at @Andy Black is there an easy way to save threads within the forum so I can easily find them again?
There are so many links to other good threads that it's impossible to read them all at one sitting
At the moment I'm reading posts so when I ask questions it's not something that's been asked a thousand times
I'm aware I can bookmark them in Chrome, I just wondered if the forum has this facility?
mind-boggling amounts of information & threads to look at @Andy Black is there an easy way to save threads within the forum so I can easily find them again?
There are so many links to other good threads that it's impossible to read them all at one sitting
At the moment I'm reading posts so when I ask questions it's not something that's been asked a thousand times
I'm aware I can bookmark them in Chrome, I just wondered if the forum has this facility?
mind-boggling amounts of information & threads to look at @Andy Black is there an easy way to save threads within the forum so I can easily find them again?
There are so many links to other good threads that it's impossible to read them all at one sitting
At the moment I'm reading posts so when I ask questions it's not something that's been asked a thousand times
I'm aware I can bookmark them in Chrome, I just wondered if the forum has this facility?
mind-boggling amounts of information & threads to look at @Andy Black is there an easy way to save threads within the forum so I can easily find them again?
There are so many links to other good threads that it's impossible to read them all at one sitting
At the moment I'm reading posts so when I ask questions it's not something that's been asked a thousand times
I'm aware I can bookmark them in Chrome, I just wondered if the forum has this facility?
That's the plan, I'm just getting up to speed on the forum before I do my intro. I don't want sound like a complete idiot, or worse still be totally ignored
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