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Action Update #1

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AlexWS

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Hi all,

I’d like to post an update regarding my progress from my introductory post. As laid out in my introduction post I talked about my back story, my FTMs, final FTE and concrete steps going forward. Following that post I’d like to post an update thread for each ‘action update’ as time goes by, acting as a track record of my actions. The reasons for this are threefold:
  • To act as an accountability record to ensure action faking isn't occurring.
  • To give an up-to-date insight of tangible process for future review (by myself and others).
  • To enable feedback (positive or negative) to my actions/posts; it is a forum after all!
The structure of these posts will have a consistent format; recapping the next actions from the previous post, what has been done to 'move the needle' for the next step, what (if any) alterations to the previous action steps have been made and what steps to take next. This fits in with the concept of Act, Assess Adjust as discussed in the Great Rat Race Escape . These posts will be long, so probably best read with a cup tea or coffee in hand.

Post #1

To recap from my previous post, the next steps to be taken were as follows:
  • Continue with consistent morning runs that I’ve been doing following getting back from Holiday.
  • Finish the Great Rat Race Escape .
  • Begin to ‘put myself out there’, engaging with others on this forum. As MJ said one is a lifelong student.
  • Overcome the previous hurdle of taking concrete action; developing a monogamous business with concrete action taking and adjusting as necessary. Bit daunting if you haven’t done it before but isn’t everything.
Morning Runs

Over the past 2 weeks I've been able to run 3 times per week in the morning. The distance itself isn't particularly long at 1.5 miles (2.4km) but the route and distance has enabled a running habit and consistency to form. In recent days when I've run the route I've felt fitter doing it, showing to me clear progress. In addition to this my Girlfriend has said that I've lost weight and look slimmer compared to 2 weeks ago, which is always nice. These points have given strong impetus to a positive feedback loop that has in assessment given a clear goal; keep running as you have over the past 2 weeks and look to increase the distance of the route.

Great Rat Race Escape

I was 1/3 of the way through the GRRE at the time of writing my previous post, so plenty of book still to go. At the time of writing this post I'm now 2/3 of the way through. While I haven't finished the book one noticeable point stood out for me that needed to be applied that I had stumbled upon in the book; 'Ferrari Shopping'. As mentioned in my previous post, after reading TMF in 2014 I naturally expected a life of financial freedom, mansions and nice cars to be easily within reach (ha, looks like someone didn't differentiate Get Rich Easy from Get Rich Quick!). Hence I spent just a little too much time looking at nice houses, cars, etc. when I was in no position to buy them. As has been pointed out by many on this forum, why salivate over a decision which you're in no position to make and you may not want to make should you be in that position? From applying this concept I've been much better focused in my day to day decisions and been able to take more pertinent action to my life. I'll detail this below.

Putting Myself Out There

A big part of this pertains to firstly joining this forum; I'm putting myself out there on a public forum for judgement from others rather than hiding from the world. That can be a little scary if you haven't done it before but hey ho. As @heavy_industry commented on my Introductory post a cure to the fear of failure is realising the biggest failure is not even trying and watching helplessly as time runs out.

Overcoming Previous Hurdle of taking Concrete Action

This is probably the biggest goal and on reflection for me needs to be broken down into mini-steps; each step pertaining to each facet of Business / Fastlane development. As MJ has said, Fastlane is something you live not something you try. In terms of the mini-steps, I've broken them down to 2 main ones at the time of writing this post; Education and Business Idea Development.

Education
For this, I've taken the concrete step of improving my learning beyond the capacity of formal education. As per TMF , education of the oil needed for your engine, otherwise you'll stall on the side of the journey in obsolescence. I've enrolled in coding courses on Udemy, looking to build functioning and interactive websites. While I'm sure this is a bit of a cliché given the dozens of posts related to coding (the internet entrepreneur stereotype), as well as the viability of such a road in the 2020s, IMHO I think having your head around programming languages for Frontend and Backend development is something in demand. I don't think websites are going away and people's lives are becoming more online, so I think it's a set of skills worth investing in. I could be wrong on that so it'd be interesting to see what people write in the comments. In addition and important for me, I think proving to myself of being able to acquire a skill beyond the parameters of the SCRIPT is an important step in my life.

Business Idea Development
The first point of reference is the jobs, education and industries I've been involved in. They are as follows, with the job and educational role on the left side of the slash and their subsequent industries on the other:
  • Farming / Agriculture
  • Pallet Manufacturing / Logistics
  • Geology / Mining, construction, research, etc.
  • Industrial and Aircraft Hangar Door Manufacturing / aviation, construction, commercial facilities, rail, etc.
This skill is currently a WIP to hone in the 'Fastlane Senses' of Opportunity. Just in the reference point industries I'm sure there are opportunities needing to be solved, which are constantly knocking on the door. This is to be developed by application of GOLD! threads pertaining to business idea development to my journey. I think development of this skill is most important at this stage, as well as expanding my horizons on possible opportunities.

In terms of steps after this post, the next steps are as follows:
  • Continue on with morning runs and look to increase route distance.
  • Continue and hopefully finish The Great Rat Race Escape , applying concepts discussed in the book to my life.
  • Continue with enrolled coding courses on Udemy.
  • Begin to explore Business Idea Development by not only building upon my immediate reference points but though engagement of Business Ideas on this forum.
If you’ve got this far, thank you for your attention.

Until next time.

Alex.
 
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Jo Emiy,

Fu zuas qesipvt uxp vji gesn us esi vjiz vipepv gesnist?


Katv moli ipishz, uas Huwispnipv ot seqofmz fowisvoph £commoupt opvu timg simoepdi edsutt e xjumi segv ug tidvust - iwip og ov fuit puv tiin moli ov vu zua. Epf Qsowevi Dunqepoit esi kanqoph op vuu. Vji vsipf xom puv ci huoph exez, ov't puv e gef.

Guuf gus vjuahjv.

Fep
Jo Fep,

Vjeplt gus vji dunnipv.

Nz qesipvt esi vipepv gesnist.

Vjev't ep opvisitvoph esvodmi, wisvodem gesnoph ot tunivjoph O jefp'v iwip duptofisif ev emm, puv katv et e piif cav jewoph e gedomovz zua dupvsum dunqmivimz (xevis gmux, esvogodoem tapmohjv, dmonevi epf vji gedomovz ovtimg) duamf effsitt vji qsucmint ug Dunnepfnipv ug Dupvsum woumevoup nz qesipvt jewi tvsahhmif xovj.

O vjopl zua duamf ci sohjv sihesfoph Huwispnipv opwitvnipv opvu dusi opfatvsoit vjev esi wovem vu tatveopoph e duapvsz (guuf taqqmz cioph upi ug vjin). Vjot O vjopl vjot duamf ci nusi quvipv howip vji dosdantvepdit gummuxoph vji coh qumovodem iwipvt ug sidipv vonit (O'mm miewi vjin apnipvoupif op deti ug woumevoup ug gusan samit cav O'n tasi zua'mm lpux xjev vjiz esi). Upmz voni xomm vimm ug duasti et up vjot tofi ug vji wiom xi dep'v qsifodv disveopmz jux vjopht xomm vseptqosi.

Guuf gus vjuahjv opfiif (movisemmz op vjot deti)
 
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