Advice for your 20's

[Micah Huxford]

Hi, I'm interested in hearing what some of the best decisions you made or advice you would give someone in my position. (A little selfish...I know)

About me: I'm 26 years old, have a wife (4 years) we both have great jobs and make arguably good money. I would say, and most people who know us say, that we are doing really well and should be proud. We are, by definition, well on our way down the slowlane.

I stumbled on this forum a couple months ago, signed in and looked through a few threads then started to check out the book. Ended up reading it and confirmed what I really new was true all along, but scary to think about: Jobs are life-sucking and will never yield freedom.

I like my job (no really, I enjoy work), but I know that I can't get where I want to go by working for someone else forever. I'm curious to get some wisdom from other members who probably faced the same set of fears that I do about the risk of giving up the 'normal' way of life and really going for greatness.

Thanks,

Micah

 

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[Mr. L]

Well, I'm only 16 but my advice would be to develop a passive income first (Affiliate Marketing for example is the easiest to start because of the low costs).
If you have a passive income you don't have to be afraid of failing, even if you fail you don't go broke because of your passive income.

Just an idea if you are really fearful.

But if you are not then just go ahead and build a business.

 

[jazb]

If you make good money enjoying what you do, then in my opinion, you are a success. I don't know what your job is, but it sounds to me like you should take what you do and branch out on your own somehow. good luck.

 

[Ravens_Shadow]

I just recently wrote a thread about my experience. Applies to people in their 20's pretty heavily.
https://www.thefastlaneforum.com/co...-become-golden-stay-golden.61463/#post-472517

Best decision I ever made was to sell everything I owned and move across the country. Then learn to give zero F*cks and punch fear in the face.

 

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[MKHB]

Hi, I'm interested in hearing what some of the best decisions you made or advice you would give someone in my position. (A little selfish...I know)

About me: I'm 26 years old, have a wife (4 years) we both have great jobs and make arguably good money. I would say, and most people who know us say, that we are doing really well and should be proud. We are, by definition, well on our way down the slowlane.

I stumbled on this forum a couple months ago, signed in and looked through a few threads then started to check out the book. Ended up reading it and confirmed what I really new was true all along, but scary to think about: Jobs are life-sucking and will never yield freedom.

I like my job (no really, I enjoy work), but I know that I can't get where I want to go by working for someone else forever. I'm curious to get some wisdom from other members who probably faced the same set of fears that I do about the risk of giving up the 'normal' way of life and really going for greatness.

Thanks,

Micah

I also loved my job .... and some people also love heroin.

Think about it...

Standard Business Etiquette:

• If you don't like your job - you need to be professional and give your employer at least two weeks notice.

• Oh, but if some reason they stop "liking you" - you have 5 minutes to clear out your stuff before security escorts your a$$ out.

Who the Fxck made up those rules?

 

[Mr. L]

I just recently wrote a thread about my experience. Applies to people in their 20's pretty heavily.
https://www.thefastlaneforum.com/co...-become-golden-stay-golden.61463/#post-472517

Best decision I ever made was to sell everything I owned and move across the country. Then learn to give zero F*cks and punch fear in the face.

That's really nice, but don't forget that he has a very comfortable position in life that he has built up in the past years with hard work, of course he is afraid to ruin it.

On the other hand you had almost nothing to loose.

Maybe it wouldn't worth it for him to risk it that much, that's why I mentioned passive income.

 

[Ravens_Shadow]

That's really nice, but don't forget that he has a very comfortable position in life that he has built up in the past years with hard work, of course he is afraid to ruin it.

This is correct though, I really had nothing to lose at that point. However, I firmly believe that even with a significant other, there is a way for him to break free. Passivity appears to be the better option for him right now, once that's achieved he can work on much larger projects. But there is risk in everything, and you have to let your SO know that you are going to be taking big risks and that you need their support.

 

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[Roli]

Hi, I'm interested in hearing what some of the best decisions you made or advice you would give someone in my position. (A little selfish...I know)

About me: I'm 26 years old, have a wife (4 years) we both have great jobs and make arguably good money. I would say, and most people who know us say, that we are doing really well and should be proud. We are, by definition, well on our way down the slowlane.

I stumbled on this forum a couple months ago, signed in and looked through a few threads then started to check out the book. Ended up reading it and confirmed what I really new was true all along, but scary to think about: Jobs are life-sucking and will never yield freedom.

I like my job (no really, I enjoy work), but I know that I can't get where I want to go by working for someone else forever. I'm curious to get some wisdom from other members who probably faced the same set of fears that I do about the risk of giving up the 'normal' way of life and really going for greatness.

Thanks,

Micah

Hi Micah,

I would advise you to use your job to its maximum potential, at the moment it seems from your post that the only things you're getting from your job is financial security and job satisfaction (no small thing!), but you can get so much more if you're aware and smart.

First of all there is training, if you are going to start your own business then you are going to incorporate some new skill that you have learned, without knowing what business, if any, that you are thinking of going into it's hard to give specifics, but broadly speaking you can get your work to pay for quite a variety of courses, you just have to make a case to your employer for that course making you a better, more effecient employee.

Secondly use it for the experience that you may gain, that you would find hard to gain if you weren't working there, so is there another department or assignment that you could be working on that would teach you new skills?

Also think about if you can gain contacts either within the company or through supplier or client lists, you may find that the IT guy who you never speak to could actually be really useful to you in your new ventures. Start networking around your company, talk to people you wouldn't usually find out what they do, mine their knowledge and skills.

Obviously doing all of the above is better if you have a plan and you don't really say if you do, but if you don't then if you really do love your job as you say, then you should look to start a business connected with that, either in direct competition or taking a part of the business and turning it into its own thing.

Next I would work out all the financials, from how much the business is going to cost to set up, to what you will cut back on and how much you can save. If I were you I'd make a 5 year plan (ultimately the length of time is up to you) and at the end of that plan you will quit your job and concentrate full time on the business, which may or may not have started in earnest by then.

Working another five years at a job you love is not so much of a chore, especially if you are using that job to further your ultimate goals,

You may find that after doing all this planning and research the thought of setting out on your own doesn't appeal to you, but at least you will have explored it and you can still use your job to further educate yourself and climb even higher. Ultimately there's nothing wrong with a good slowlane job, plenty of people live good and fulfilling lives in the slowlane, you just have to work out where you will be happiest.

 

[Micah Huxford]

Thanks for all the feedback so far. I'm fortunate to be in a place where I can bet the farm and fail, start over and probably still be fine long term.

I am building a network while in my job, but have seen so many people get to the end of their careers with what would feel like nothing (worked for a wire house for a few years). I'm sure a lot of us here feel the same way, but I want to be/feel significant in what I do, and harvesting the fruit of a significant life would be nice as well.

The thought of working 40 years with an average lifestyle and having retiring with 10 million in a 401k isn't appealing at all. I almost wish I hadn't read the book, because until someone else put it in perspective, I could always doubt that the slowlane was garbage. Now I'm faced with the reality that my day to day routine is a recipe for average at best. Maybe I'm not old enough to realize how well I have it and I should just be happy with this, but I look at it as I only get one life to live and don't want to look back with regret.

I'd like to hear from someone who walked away from a good life with the hopes of something better and can share that experience.

 

[Louie]

Standard Business Etiquette:

• If you don't like your job - you need to be professional and give your employer at least two weeks notice.

• Oh, but if some reason they stop "liking you" - you have 5 minutes to clear out your stuff before security escorts your a$$ out.

Who the Fxck made up those rules?

Hahah. This gave me a good laugh. Thanks. I'm in the process of putting in my two weeks and was thinking this.

 

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[MKHB]

Hahah. This gave me a good laugh. Thanks. I'm in the process of putting in my two weeks and was thinking this.

Good for you Louie, you're ahead of the game.

 

[csalvato]

http://hive.org/20s/

 

[mystery1994]

Best decision I ever made was to sell everything I owned and move across the country. Then learn to give zero F*cks and punch fear in the face.

Bad a$$ decision man, pukka.

Im in the same position as you right now man, 21 years old and doing really good... slowlane wise, im saving as much money as possible to soon start my own business. And get out of this slowlane mess. Here in belgium or in Slovakia..

I have some big desicions to make..

 

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[Louie]

Good for you Louie, you're ahead of the game.

Thank you!
Cheers.