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Fastlane routes: Stability vs Risk?

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Idea threads

Prince33

Contributor
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Jun 9, 2020
53
68
USA
Basically, after several failed ideas. Leaning and failing. I have realized that the hardest part in going fastlane isn't following a formula, prospecting, getting leads etc.
It's the startup process. And not the startup process in the business/fastlane method. But the startup to the startup. AKA capital. Getting money to start the process.

Just hit my mid-late 20s and I feel much older. Idea after idea. City to city. Saving and investing and failing, repeat. It's all on me, I admit. But damn I'm tired of failing and living like shit while doing so. So instead of using a basic 9-5 to fund my ideas I decided to learn IT basics, and now at least sit down while doing a 9-5. I have two main paths to get on the fastlane by 2022/23.

My main problem was not focusing on one thing, and simply not enough money to fund anything. Im talking ~400 a month tops in savings. While living on a budget. Oh, and a trustworthy mentor.

Ill still be in my late 20s so it's all good. But Im having trouble deciding which route to take. Studying for I.T. Certs and currently have a entry level IT job.
Here they are:

TLDR:
Route X:
Job while studying for advanced Certs (6 months~) -> Get certs and higher tier IT job with more $ (May 2022~) -> Work that while saving for Fastlane endeavor, learn skills related(6 months) -> Start fastlane endeavor (Oct 2022) -> Go remote with IT job, can geo arbitrage now, save even more or Move up another tier while build Fastlane endeavor(4mo-1yr) -> Make enough from that to not have to work IT anymore (Feb 2023 - Oct 2023)

Route Y:
Job while learning skills related to Fastlane, as well as saving (6 months~) -> also flip stuff again(profit only)/do other things to produce extra $ with time not studying(still working entry IT job)-> enroll in a certain Fastlaners school/course here, learn the process (4months - 1 year+) (still working entry IT job) -> make enough from that to replace entry level IT job/go remote, geo arbitrage (Oct 2022 - Mar 2023) -> Scale it and all that good stuff. Fastlane achieved. (undefined)

Route Z: Uncle works in real estate and has a company, closes houses often, lives well and told me to get my MLO broker license and all that and he'd mentor me. Bringing me in on the family business. But not sure piggybacking is the way to go. Watched him grow it over a year so I know most the operation. But I think Id be giving up on my own goals. Would work the IT job here too while doing so.

Route X is simply: More stability, comfort, assurance, capital(making more) but longer.
Route Y is simply: More flexible, to the point, risky, uncomfortable(low wage) but shorter.
Route Z: Pride. Lack of self reliability.

Thanks in advance. And appreciate everyone from Fox, JohnnyBoy, to Andy Black to Lex offering gold threads and game to help people like me out. Dont know what Id do without the net.
And yes, I plan to help others and give the world what it wants. Knew that was required from Andy Blacks interviews, to MJ to my Uncle.

Cheers
 
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ZackSprague

Contributor
FASTLANE INSIDER
Read Rat-Race Escape!
Read Fastlane!
Speedway Pass
Jun 26, 2021
63
54
Dallas, Texas
Basically, after several failed ideas. Leaning and failing. I have realized that the hardest part in going fastlane isn't following a formula, prospecting, getting leads etc.
It's the startup process. And not the startup process in the business/fastlane method. But the startup to the startup. AKA capital. Getting money to start the process.

Just hit my mid-late 20s and I feel much older. Idea after idea. City to city. Saving and investing and failing, repeat. It's all on me, I admit. But damn I'm tired of failing and living like shit while doing so. So instead of using a basic 9-5 to fund my ideas I decided to learn IT basics, and now at least sit down while doing a 9-5. I have two main paths to get on the fastlane by 2022/23.

My main problem was not focusing on one thing, and simply not enough money to fund anything. Im talking ~400 a month tops in savings. While living on a budget. Oh, and a trustworthy mentor.

Ill still be in my late 20s so it's all good. But Im having trouble deciding which route to take. Studying for I.T. Certs and currently have a entry level IT job.
Here they are:

TLDR:
Route X:
Job while studying for advanced Certs (6 months~) -> Get certs and higher tier IT job with more $ (May 2022~) -> Work that while saving for Fastlane endeavor, learn skills related(6 months) -> Start fastlane endeavor (Oct 2022) -> Go remote with IT job, can geo arbitrage now, save even more or Move up another tier while build Fastlane endeavor(4mo-1yr) -> Make enough from that to not have to work IT anymore (Feb 2023 - Oct 2023)

Route Y:
Job while learning skills related to Fastlane, as well as saving (6 months~) -> also flip stuff again(profit only)/do other things to produce extra $ with time not studying(still working entry IT job)-> enroll in a certain Fastlaners school/course here, learn the process (4months - 1 year+) (still working entry IT job) -> make enough from that to replace entry level IT job/go remote, geo arbitrage (Oct 2022 - Mar 2023) -> Scale it and all that good stuff. Fastlane achieved. (undefined)

Route Z: Uncle works in real estate and has a company, closes houses often, lives well and told me to get my MLO broker license and all that and he'd mentor me. Bringing me in on the family business. But not sure piggybacking is the way to go. Watched him grow it over a year so I know most the operation. But I think Id be giving up on my own goals. Would work the IT job here too while doing so.

Route X is simply: More stability, comfort, assurance, capital(making more) but longer.
Route Y is simply: More flexible, to the point, risky, uncomfortable(low wage) but shorter.
Route Z: Pride. Lack of self reliability.

Thanks in advance. And appreciate everyone from Fox, JohnnyBoy, to Andy Black to Lex offering gold threads and game to help people like me out. Dont know what Id do without the net.
And yes, I plan to help others and give the world what it wants. Knew that was required from Andy Blacks interviews, to MJ to my Uncle.

Cheers
Hey man!

Not gonna lie I was in the same boat. Kinda went quiet for awhile, but I'm back. Took care of some emotional pain. But back on the grind and just finished the The Great Rat Race escape . I love Ecommerce, but it has a huge capital investment to even start and I'm not really ready for the specialized-unit stage so I'm taking it easy.

I noticed that you needed capital, here's how I found my route to gain capital. After reading the book. I sat down and listed out all of the individuals I know and what problems they came to me with and it was actually as it turns out building web sites.

So for me my specialized skill will be web design.

Maybe writing the individuals you know and what problems they are having will give you a good clue or skill you can learn that help them and thus you can probably sell as a service to others?

Hope this helps!
 

ZackSprague

Contributor
FASTLANE INSIDER
Read Rat-Race Escape!
Read Fastlane!
Speedway Pass
Jun 26, 2021
63
54
Dallas, Texas
Also Fox's Web School is good for web design and Lex Devilles is good for copywriting/writing.
 

farouqali

New Contributor
Read Fastlane!
Jun 16, 2021
6
5
Basically, after several failed ideas. Leaning and failing. I have realized that the hardest part in going fastlane isn't following a formula, prospecting, getting leads etc.
It's the startup process. And not the startup process in the business/fastlane method. But the startup to the startup. AKA capital. Getting money to start the process.

Just hit my mid-late 20s and I feel much older. Idea after idea. City to city. Saving and investing and failing, repeat. It's all on me, I admit. But damn I'm tired of failing and living like shit while doing so. So instead of using a basic 9-5 to fund my ideas I decided to learn IT basics, and now at least sit down while doing a 9-5. I have two main paths to get on the fastlane by 2022/23.

My main problem was not focusing on one thing, and simply not enough money to fund anything. Im talking ~400 a month tops in savings. While living on a budget. Oh, and a trustworthy mentor.

Ill still be in my late 20s so it's all good. But Im having trouble deciding which route to take. Studying for I.T. Certs and currently have a entry level IT job.
Here they are:

TLDR:
Route X:
Job while studying for advanced Certs (6 months~) -> Get certs and higher tier IT job with more $ (May 2022~) -> Work that while saving for Fastlane endeavor, learn skills related(6 months) -> Start fastlane endeavor (Oct 2022) -> Go remote with IT job, can geo arbitrage now, save even more or Move up another tier while build Fastlane endeavor(4mo-1yr) -> Make enough from that to not have to work IT anymore (Feb 2023 - Oct 2023)

Route Y:
Job while learning skills related to Fastlane, as well as saving (6 months~) -> also flip stuff again(profit only)/do other things to produce extra $ with time not studying(still working entry IT job)-> enroll in a certain Fastlaners school/course here, learn the process (4months - 1 year+) (still working entry IT job) -> make enough from that to replace entry level IT job/go remote, geo arbitrage (Oct 2022 - Mar 2023) -> Scale it and all that good stuff. Fastlane achieved. (undefined)

Route Z: Uncle works in real estate and has a company, closes houses often, lives well and told me to get my MLO broker license and all that and he'd mentor me. Bringing me in on the family business. But not sure piggybacking is the way to go. Watched him grow it over a year so I know most the operation. But I think Id be giving up on my own goals. Would work the IT job here too while doing so.

Route X is simply: More stability, comfort, assurance, capital(making more) but longer.
Route Y is simply: More flexible, to the point, risky, uncomfortable(low wage) but shorter.
Route Z: Pride. Lack of self reliability.

Thanks in advance. And appreciate everyone from Fox, JohnnyBoy, to Andy Black to Lex offering gold threads and game to help people like me out. Dont know what Id do without the net.
And yes, I plan to help others and give the world what it wants. Knew that was required from Andy Blacks interviews, to MJ to my Uncle.

Cheers
Hello Prince33,
I would ask you to go with option "Route Y"... learning skills from Fastlane philosophy, save while working but always have time to do something that will inch you closer to your target (Fastlane). and this is why "it may be risky yet simple, stay on that niche you like that's IT !. I would recommend you enroll at Fox school learn how to make web pages too.. "be okay with the uncomfortable" it will build your character". I understand you see it as low wage.. be more hungry to grasp skills that would make you earn money.
 
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Lyev

New Contributor
Aug 12, 2016
4
8
Spain
Basically, after several failed ideas. Leaning and failing. I have realized that the hardest part in going fastlane isn't following a formula, prospecting, getting leads etc.
It's the startup process. And not the startup process in the business/fastlane method. But the startup to the startup. AKA capital. Getting money to start the process.

Just hit my mid-late 20s and I feel much older. Idea after idea. City to city. Saving and investing and failing, repeat. It's all on me, I admit. But damn I'm tired of failing and living like shit while doing so. So instead of using a basic 9-5 to fund my ideas I decided to learn IT basics, and now at least sit down while doing a 9-5. I have two main paths to get on the fastlane by 2022/23.

My main problem was not focusing on one thing, and simply not enough money to fund anything. Im talking ~400 a month tops in savings. While living on a budget. Oh, and a trustworthy mentor.

Ill still be in my late 20s so it's all good. But Im having trouble deciding which route to take. Studying for I.T. Certs and currently have a entry level IT job.
Here they are:

TLDR:
Route X:
Job while studying for advanced Certs (6 months~) -> Get certs and higher tier IT job with more $ (May 2022~) -> Work that while saving for Fastlane endeavor, learn skills related(6 months) -> Start fastlane endeavor (Oct 2022) -> Go remote with IT job, can geo arbitrage now, save even more or Move up another tier while build Fastlane endeavor(4mo-1yr) -> Make enough from that to not have to work IT anymore (Feb 2023 - Oct 2023)

Route Y:
Job while learning skills related to Fastlane, as well as saving (6 months~) -> also flip stuff again(profit only)/do other things to produce extra $ with time not studying(still working entry IT job)-> enroll in a certain Fastlaners school/course here, learn the process (4months - 1 year+) (still working entry IT job) -> make enough from that to replace entry level IT job/go remote, geo arbitrage (Oct 2022 - Mar 2023) -> Scale it and all that good stuff. Fastlane achieved. (undefined)

Route Z: Uncle works in real estate and has a company, closes houses often, lives well and told me to get my MLO broker license and all that and he'd mentor me. Bringing me in on the family business. But not sure piggybacking is the way to go. Watched him grow it over a year so I know most the operation. But I think Id be giving up on my own goals. Would work the IT job here too while doing so.

Route X is simply: More stability, comfort, assurance, capital(making more) but longer.
Route Y is simply: More flexible, to the point, risky, uncomfortable(low wage) but shorter.
Route Z: Pride. Lack of self reliability.

Thanks in advance. And appreciate everyone from Fox, JohnnyBoy, to Andy Black to Lex offering gold threads and game to help people like me out. Dont know what Id do without the net.
And yes, I plan to help others and give the world what it wants. Knew that was required from Andy Blacks interviews, to MJ to my Uncle.

Cheers
Hey man,

I'm currently halfway your Route Y, and my initial strategy was Route X. I'll share what I'm doing, hope it'll be helpful.

Replace IT with web design/marketing, and that's what I did: got a job, learnt everything, saved, stayed there for a year. On my free time I was learning the skills needed to specialize and get a better job.

Last year I got a better one, and my plan was to specialize even more, in order to get into the top level jobs in the industry. Then learn everything there, leave and do it on my own.

What happened? I left some months ago and went freelance, because I didn't want to wait another full year and a half (or more) to start something Fastlane.

While I was on the job, my free time / energy was being eaten up by learning new skills, upgrading my portfolio, having some clients here and there. Even though that was the plan, I knew I wanted more and that I could do it in less time. Now my day is split between clients and on finally working on that fastlane project.

Even though I'm earning a bit less for now (with far less work, though), it doesn't matter because you'll be more flexible (as you wrote) and you'll be able to start as soon as possible.

In the end, you will learn faster doing everything on your own than through a job, specially if you already broke into the industry. Riskier in the short-term, but worth it in the long term.

Hope that was helpful!
 

Prince33

Contributor
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Jun 9, 2020
53
68
USA
Thanks for the replies. Yeah, the principal is that while going back slowlane would bring stability it doesnt really inch me closer to my goal directly. And even if I woke tomorrow with a 77K a year job; in turn making enough to live comfy and save for my Fastlane endeavors. I still wouldnt be at my ultimate goal. Id be able to get there faster, indubitably. But Id still have to sharpen the skills, learn the process and invest.

And if im gonna invest years into something to then in turn return to Fastlane I may as well just do Path Y.

It's just simply riskier and requires more confidence. Dont wanna repeat 2018-2020 trying to save on a low wage cultivate skills and put aside money to invest and just burnout. Especially with my late 20s in sight.

Said it once and say it again. Much easier to be motivated tony robbins style every morning when you have capital to burn or a safety net. When youre truly solo and starting from Level 0 its a whole 'nother ball game. But we have this forum so we arent truly alone, as cheesy as that sounds.
 

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