A $1m/year PBT Business is Worth 10x a $1m Salary.
I got lucky and landed a job on wall street a couple of years ago. Wow, I must be on a fast track to private jets and ruling the financial world I thought. Think again. It was mostly PowerPoint and Excel until 2 am. After some time in Investment Banking slavery, I joined The Buyside. Great, more money, fascinating projects and better working hours. While true, I don't own my productivity. Someone is making money off me.
Even though I make the equivalent of $250K-$300K now, and probably in 5-10 years closer to $500K-$1MM, it's all "time for money". I don't own these cash flows. It's HIGH-RISK money really, with a limited safety net and completely location dependent. I see this with my colleagues. They get used to the money. A trophy wife who gets pregnant. Kids in private school. Apartment/house in "the neighborhood". Expensive holidays. You may not believe this, but I have colleagues earning $500K a year who are NOT saving ANY money and NOT living the HIGH LIFE.
With every investment that I make, I spend countless hours trying to figure out:
I got lucky and landed a job on wall street a couple of years ago. Wow, I must be on a fast track to private jets and ruling the financial world I thought. Think again. It was mostly PowerPoint and Excel until 2 am. After some time in Investment Banking slavery, I joined The Buyside. Great, more money, fascinating projects and better working hours. While true, I don't own my productivity. Someone is making money off me.
Even though I make the equivalent of $250K-$300K now, and probably in 5-10 years closer to $500K-$1MM, it's all "time for money". I don't own these cash flows. It's HIGH-RISK money really, with a limited safety net and completely location dependent. I see this with my colleagues. They get used to the money. A trophy wife who gets pregnant. Kids in private school. Apartment/house in "the neighborhood". Expensive holidays. You may not believe this, but I have colleagues earning $500K a year who are NOT saving ANY money and NOT living the HIGH LIFE.
With every investment that I make, I spend countless hours trying to figure out:
- Is the NEED this business is addressing growing/changing?
- Does the business have BARRIERS to ENTRY?
- Are there CONTROL RISKS (regulation, clients, supply chain)?
- What is the total ADDRESSABLE MARKET?
- What can be done BETTER?
- Is distribution (marketing & sales) BEST IN CLASS?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
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?
