Hi
This is something I’ve been thinking a lot about lately.
Why wouldn’t you go to college or university? If you have the possibility to do it?
This isn’t my fixed opinion but rather a questioning of my OWN belief that:
”going to college is a complete waste of time + the missed ”potential earning” of a job/ business.”
Here’s my current situation to give an example:
Age 21, $22k saved up, quit full-time job, no business registered and some scattered ideas that won’t get me far. Example: dropshipping a ”special” sleep mask in Sweden.
Instead of winging some random business ideas that have a minimal potential of being a specialized unit. Wouldn’t a degree set yourself up for life? In other words, make sure that you can go on forever and. not lose?
Of course I’m not talking about a kindergarden/Mozart History education.
But something of STEM/general.
Btw. University in Sweden is free and you can for sure avoid a student loan to cover living cost. Interest:0.59% (swedish university=american college)
This thread was inspired by @fastlane_dad and @NeoDialectic tips on how to set yourself up and achieve your dreams.
This next part is copied from fastlane_dads thread! (Link below for whole thread)
Work towards a degree / slowlane / high income skill
Everything is about chances and risk - and I wanted to make sure I am setup with a high earning skill no matter what. I was not delusional about starting a business that would be an instant success or bring me millions of dollars when I was 18 years old - so I enrolled in a university that was more or less guaranteed to pay me a middle/upper class earning wage for the rest of my life.
There is a lot of gurus and naysayers calling this a waste of time, or many other negative connotations associated with going to college. To me it was an enjoyable time, and an insurance policy that would feed me for the rest of my life. Your 'slowlane' beginnings also will provide you a future paycheck to experiment and try and fail at your other entrepreneurial or fastlane ventures. If you are struggling to put food on the table or cover your mortgage / rent - you will not have the privilege to devote yourself freely to think of and startup businesses - majority of which will be a drain on your wallet and time. This should not be the end goal for you, rather a stepping stone in guaranteeing consistent cash flow and employability.
The time to do this is when you are young! You will have time for it all - part time jobs, gf, side-hustle, partying and learning additional skills. I clamor for those days as I had little to no 'real' responsibility during that time (no wife, no house, no kids, no aging parents, etc). THIS is the time to invest all you can in yourself, and a high-income skill through college is a good first plan! Remember to choose your major carefully though!
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www.thefastlaneforum.com
This is something I’ve been thinking a lot about lately.
Why wouldn’t you go to college or university? If you have the possibility to do it?
This isn’t my fixed opinion but rather a questioning of my OWN belief that:
”going to college is a complete waste of time + the missed ”potential earning” of a job/ business.”
Here’s my current situation to give an example:
Age 21, $22k saved up, quit full-time job, no business registered and some scattered ideas that won’t get me far. Example: dropshipping a ”special” sleep mask in Sweden.
Instead of winging some random business ideas that have a minimal potential of being a specialized unit. Wouldn’t a degree set yourself up for life? In other words, make sure that you can go on forever and. not lose?
Of course I’m not talking about a kindergarden/Mozart History education.
But something of STEM/general.
Btw. University in Sweden is free and you can for sure avoid a student loan to cover living cost. Interest:0.59% (swedish university=american college)
This thread was inspired by @fastlane_dad and @NeoDialectic tips on how to set yourself up and achieve your dreams.
This next part is copied from fastlane_dads thread! (Link below for whole thread)
Work towards a degree / slowlane / high income skill
Everything is about chances and risk - and I wanted to make sure I am setup with a high earning skill no matter what. I was not delusional about starting a business that would be an instant success or bring me millions of dollars when I was 18 years old - so I enrolled in a university that was more or less guaranteed to pay me a middle/upper class earning wage for the rest of my life.
There is a lot of gurus and naysayers calling this a waste of time, or many other negative connotations associated with going to college. To me it was an enjoyable time, and an insurance policy that would feed me for the rest of my life. Your 'slowlane' beginnings also will provide you a future paycheck to experiment and try and fail at your other entrepreneurial or fastlane ventures. If you are struggling to put food on the table or cover your mortgage / rent - you will not have the privilege to devote yourself freely to think of and startup businesses - majority of which will be a drain on your wallet and time. This should not be the end goal for you, rather a stepping stone in guaranteeing consistent cash flow and employability.
The time to do this is when you are young! You will have time for it all - part time jobs, gf, side-hustle, partying and learning additional skills. I clamor for those days as I had little to no 'real' responsibility during that time (no wife, no house, no kids, no aging parents, etc). THIS is the time to invest all you can in yourself, and a high-income skill through college is a good first plan! Remember to choose your major carefully though!
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GOLD! - MINDSET - Actionable Steps and Mindset from a Fastlane Millionaire!
OK this isn't a fully thought out post but just some random actionable mindset tidbits that sparked within me this AM reading through some threads on here. I aim to provide these inputs to help clear up some of the confusion you see and read about! As someone that has built up several companies...
www.thefastlaneforum.com
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