Fellow Wantrepreneur here. I listened to The Millionaire Fast-lane back in 2022, since then "becoming an Entrepreneur" has always been on my mind. Right now I'm a HENRY (High-Earner, not rich yet). I do freelance work as a software engineer in a specific niche, basically ensuring that people can buy sliced meat and cheese in grocery stores.
I'm consistently making about 15-20k euros a month, before taxes though. After taxes 7-10k are left. I'm 26 years old, moved to Spain this year, away from my home country Germany. At the moment I'm living in a van that I build out myself throughout a year worth of weekends. Moved to Spain because Germany basically sucks weather wise. I prefer the climate around here much more. The move here does come with one very big hurdle: The language barrier. People here really only speak Spanish, English is not really common, so I have to invest *a lot* of time learning Spanish right now, because otherwise my life here is going to be quite miserable if I want to connect to locals and find a social circle outside of other expats.
I have a monthly spending of around 1000 euros, so I can basically save up a lot of money. Right now having 150k sitting around + the van that I could easily sell for 50k .
I'm so torn between continuing this time-trade or embarking on building a business that is not tied up to my time. Because every month when the invoices get paid I'm like: With my current spending one month of work provide me with 9 months of leeway where I can focus on building something untied to my time.
If I continue living my life like this, saving up 7-8k a month stupidly into ETFs, even after inflation, I'd be a millionaire in 8 years. Wheyyy. But this is just tied to so many factors that are not in my control, and that can change quite fast.
I do see a lot of problems in my niche that could be solved by software, but the demand is surely not really high, since only a few companies would have the need for these solutions, and they're not willing to pay enough to make it a million dollar business. But I'm not even sure if I want to continue with doing software, everyday after working for my clients I'm so done with sitting on my computer and coding. I just don't know what I want out of life at the moment.
My life feels miserable, even though it should not. I hope for myself I'll get out of this rut. Thanks for reading my first post here. I will work on getting out of this. I know that I'm still on the slowlane right now, and I think I am also quite good in the slow lane, but it does feel totally unsatisfying.
I will come back here at one point and see how this story has evolved.
I'm consistently making about 15-20k euros a month, before taxes though. After taxes 7-10k are left. I'm 26 years old, moved to Spain this year, away from my home country Germany. At the moment I'm living in a van that I build out myself throughout a year worth of weekends. Moved to Spain because Germany basically sucks weather wise. I prefer the climate around here much more. The move here does come with one very big hurdle: The language barrier. People here really only speak Spanish, English is not really common, so I have to invest *a lot* of time learning Spanish right now, because otherwise my life here is going to be quite miserable if I want to connect to locals and find a social circle outside of other expats.
I have a monthly spending of around 1000 euros, so I can basically save up a lot of money. Right now having 150k sitting around + the van that I could easily sell for 50k .
I'm so torn between continuing this time-trade or embarking on building a business that is not tied up to my time. Because every month when the invoices get paid I'm like: With my current spending one month of work provide me with 9 months of leeway where I can focus on building something untied to my time.
If I continue living my life like this, saving up 7-8k a month stupidly into ETFs, even after inflation, I'd be a millionaire in 8 years. Wheyyy. But this is just tied to so many factors that are not in my control, and that can change quite fast.
I do see a lot of problems in my niche that could be solved by software, but the demand is surely not really high, since only a few companies would have the need for these solutions, and they're not willing to pay enough to make it a million dollar business. But I'm not even sure if I want to continue with doing software, everyday after working for my clients I'm so done with sitting on my computer and coding. I just don't know what I want out of life at the moment.
My life feels miserable, even though it should not. I hope for myself I'll get out of this rut. Thanks for reading my first post here. I will work on getting out of this. I know that I'm still on the slowlane right now, and I think I am also quite good in the slow lane, but it does feel totally unsatisfying.
I will come back here at one point and see how this story has evolved.
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