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<blockquote data-quote="amp0193" data-source="post: 676453" data-attributes="member: 16059"><p>Damn, the slowlane is really complicated. No wonder so few find any success that way.</p><p></p><p>The Fastlane is much simpler.</p><p></p><p></p><p>Fastlane:</p><p></p><p>Step 0 - Don't spend money on things you don't need. If you need it, buy it as cheaply as possible.</p><p></p><p>Step 1 - Get cash to pay bills and create an MVP. Get a job, craigslist, etc.</p><p></p><p>Step 2 - Pay off credit card debt.</p><p></p><p>Step 3 - Re-invest as much profit as you can into the business.</p><p></p><p>Step 4 - Do not contribute into a retirement account. Re-invest profits in the business instead.</p><p></p><p>Step 5 - Re-invest into the business some more.</p><p></p><p>Step 6 - When the sale price of your business equals your desired f*ck You Money amount, sell it.</p><p></p><p>Step 7 - Pay off all remaining student loans and other debts, including mortgage, in one lump sum.</p><p></p><p>Step 8 - Put your money in traditional investments or real estate to store your wealth.</p></blockquote><p></p>
[QUOTE="amp0193, post: 676453, member: 16059"] Damn, the slowlane is really complicated. No wonder so few find any success that way. The Fastlane is much simpler. Fastlane: Step 0 - Don't spend money on things you don't need. If you need it, buy it as cheaply as possible. Step 1 - Get cash to pay bills and create an MVP. Get a job, craigslist, etc. Step 2 - Pay off credit card debt. Step 3 - Re-invest as much profit as you can into the business. Step 4 - Do not contribute into a retirement account. Re-invest profits in the business instead. Step 5 - Re-invest into the business some more. Step 6 - When the sale price of your business equals your desired f*ck You Money amount, sell it. Step 7 - Pay off all remaining student loans and other debts, including mortgage, in one lump sum. Step 8 - Put your money in traditional investments or real estate to store your wealth. [/QUOTE]
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