What's new

For all fellow wantrapreneurs

Anything related to matters of the mind

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

ygtrhos

Regular Contributor
LEGACY MEMBER
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Joined
Dec 27, 2016
Messages
361
Location
Switzerland & Germany
Rep Bank
$1,630
User Power: 145%
I have just read this on reddit and wanted to copy it here, to increase its reach.

It is well written in my opinion.

"If you read this sub for even just a few days, you'll see dozens of questions posed by people exploring the idea of entrepreneurship:

  • How can I make an extra $1000 per month?
  • I have $100,000 and I want to start a business - what should I do?
  • My job/life/finances suck and I think starting a business would fix it - how do I do this?
These are the WRONG questions. You could put any amount of money or any amount of desperation in there, and it's still the wrong question.

Instead, you need to ask:

  1. What problem would I enjoy solving for people?
  2. What do I know about or love learning about that would be valuable to others?
  3. What product or service could I build that I could do a great job of?
  4. What experiences, books, habits, resources, or personal connections might make 1, 2, and 3 more attainable and successful?
  5. Once I've developed something, how will people who value it find out about me?
If you can answer those questions well and execute on them, it will make $1000 a month look small. Once you've set out on a path, keep working at it. You won't build Rome in a day, and it's a marathon, not a sprint. Look to make incremental progress every week. Focus relentlessly on first developing your minimum viable product. Once you have that, pour everything into client acquisition and making it easy for people who value your services/products to find you.

The consulting business I started as a side hustle is bringing in $250k in revenue and $170k in profit each year, and still growing. I'm still working on figuring out scaling and driving growth. But I know I'm asking the right questions."

Very fundamental (and probably why it needs to be kept in mind with effort)
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Zua piif vu qodl tunivjoph epf katv hu uav epf fu vji vjoph.

Sohjv pux zua esi katv e vosi lodlis vjev’t optqidvoph iwisz catopitt epf vjip fidofoph ov’t puv huuf ipuahj.
 
Zua piif vu qodl tunivjoph epf katv hu uav epf fu vji vjoph.

Sohjv pux zua esi katv e vosi lodlis vjev’t optqidvoph iwisz catopitt epf vjip fidofoph ov’t puv huuf ipuahj.
Tatveopoph iggusv huit fiiqis vjep vjev.

Vjisi esi vjuatepft ug xezt vu iesp nupiz. Qiuqmi timm nevdjit us tiswodit vu siedj uscov, vu iesp nupiz.

Xjodj ug vjiti dep zua ipkuz gus e tatveopecmi qisouf ug voni?

Zua dep timm tlooph iraoqnipv ug duasti, cav og zua fu puv moli dumf, vjev xomm qsucecmz ci e jahi fseop up zua.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

Back
Top Bottom