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Hello, dear members of the Fastlane Forum,
I recently joined this site but have already read most of the work from @MJ DeMarco.
It took me a while to register at The Fastlane Forum since I felt I was still missing further knowledge to pursue a business venture more formally.
However, as it is a common trope in this forum and the books themselves, you'll never be 100% percent ready. Furthermore, rarely will you have perfect timing.
As a little bit of background about myself, I formally studied finance just as @MJ DeMarco, and similar to lots of people in my career, I thought about joined a fancy pants bank that could open me the door for both status and money.
Similar to the usual path stated in Scripted, I spent most of my college years trying to get the most knowledge possible and even studied at some prestigious institutions both in the US and in the UK.
Funny enough, it was in my very first semester, during a visit to some banks in New York City that I had a major crossroad.
That for a large financial institution to pay hefty bonuses to their employees, they must have been racking absurd amounts of money.
I know, I know.
That's cool and everything, but such a statement is nothing new.
However, it ignited some thought in me about the priorities that I would have to choose later in life. As if that weren't enough, I ended up questioning myself even more. I decided to read the "classic" literature regarding both personal finance and investing.
In my mind, I wanted to become a well-rounded financier.
That's where I solidified my knowledge about the tools of the Slowlane, as its general outlook
Long story short, I eventually graduated with better than average grades at a prestigious institution in Mexico and found myself working as a derivatives trader in a big Mexican bank.
Just six months before my entrance to the workforce, I played with the idea of startup and even had a fair shot at a business accelerator in Silicon Valley.
However, I ditched the project altogether as the social pressure to get some experience and money first got quite intense.
Once in the bank, I was given a dose of reality by being told that I was still too young to become an entrepreneur. And to be fair, there was some truth to it.
I was young, still dependent on my parents even with my current job, and inexperienced in the "real world."
Call that a way to break your morale.
Moreover, if there was ever a big carrot on a stick on this "side of the border," it was a trading desk. Even in a developing country like Mexico, you could eventually become the head trader at a decent bank and potentially earn $X M USD (Yes, the equivalent of dollars in Mexican pesos).
What was the catch? It's simple.
Follow the Script and jump from one financial institution to another, play the pesky corporate politics, get either a Master's degree in Finance or the CFA certification, have nerves of steel in a competitive and demanding industry, and become a superstar in the industry.
Do that, and you too can enjoy some margaritas in Tulum, Darlin.
That being said, I'm humble enough to admit that these opportunities are not common, and at least offer a decent shot to earn enough money to start other ventures. Potentially the types of ventures that will eventually provide you with financial independence of your labor.
In the same way, I believe that the Slowlane offers the best opportunity for those that don't want to worry too much about their finances or at the very least are in such a dire condition that they can't afford to take significant risks.
One year later, in my desire to seek a more balanced work environment, I tried to change banks but did not get the job. And as if that were not enough, just two months went by, and the pandemic began.
All this time has served me to reflect on my past decisions. It has also made me think about the path I will take with my career.
On the one hand, I know that I am a young man with a lot of ambition and wanting to contribute something of value to society, and on the other, I admit that I am still a somewhat naive and a bit entitled lad.
I have the interest and conviction that creating a business could be my opportunity to test myself as an educated individual. To start something of value for others that can allow me to leave my dent in the universe.
And if I can manage to become a financially independent and stable man, what more can a man ask for?
Here is my story in a nutshell.
I come to this forum to learn a lot from all of you. And to potentially lay the foundations for a personal project.
And of course, I trust that I can contribute something of use to all of you despite my short work experience.
You never know when a personal anecdote or a financial/economic insight could end up being of value to others.
Respectfully,
ElDiablo
I recently joined this site but have already read most of the work from @MJ DeMarco.
It took me a while to register at The Fastlane Forum since I felt I was still missing further knowledge to pursue a business venture more formally.
However, as it is a common trope in this forum and the books themselves, you'll never be 100% percent ready. Furthermore, rarely will you have perfect timing.
As a little bit of background about myself, I formally studied finance just as @MJ DeMarco, and similar to lots of people in my career, I thought about joined a fancy pants bank that could open me the door for both status and money.
Similar to the usual path stated in Scripted, I spent most of my college years trying to get the most knowledge possible and even studied at some prestigious institutions both in the US and in the UK.
Funny enough, it was in my very first semester, during a visit to some banks in New York City that I had a major crossroad.
That for a large financial institution to pay hefty bonuses to their employees, they must have been racking absurd amounts of money.
I know, I know.
That's cool and everything, but such a statement is nothing new.
However, it ignited some thought in me about the priorities that I would have to choose later in life. As if that weren't enough, I ended up questioning myself even more. I decided to read the "classic" literature regarding both personal finance and investing.
In my mind, I wanted to become a well-rounded financier.
That's where I solidified my knowledge about the tools of the Slowlane, as its general outlook
Long story short, I eventually graduated with better than average grades at a prestigious institution in Mexico and found myself working as a derivatives trader in a big Mexican bank.
Just six months before my entrance to the workforce, I played with the idea of startup and even had a fair shot at a business accelerator in Silicon Valley.
However, I ditched the project altogether as the social pressure to get some experience and money first got quite intense.
Once in the bank, I was given a dose of reality by being told that I was still too young to become an entrepreneur. And to be fair, there was some truth to it.
I was young, still dependent on my parents even with my current job, and inexperienced in the "real world."
Call that a way to break your morale.
Moreover, if there was ever a big carrot on a stick on this "side of the border," it was a trading desk. Even in a developing country like Mexico, you could eventually become the head trader at a decent bank and potentially earn $X M USD (Yes, the equivalent of dollars in Mexican pesos).
What was the catch? It's simple.
Follow the Script and jump from one financial institution to another, play the pesky corporate politics, get either a Master's degree in Finance or the CFA certification, have nerves of steel in a competitive and demanding industry, and become a superstar in the industry.
Do that, and you too can enjoy some margaritas in Tulum, Darlin.
That being said, I'm humble enough to admit that these opportunities are not common, and at least offer a decent shot to earn enough money to start other ventures. Potentially the types of ventures that will eventually provide you with financial independence of your labor.
In the same way, I believe that the Slowlane offers the best opportunity for those that don't want to worry too much about their finances or at the very least are in such a dire condition that they can't afford to take significant risks.
One year later, in my desire to seek a more balanced work environment, I tried to change banks but did not get the job. And as if that were not enough, just two months went by, and the pandemic began.
All this time has served me to reflect on my past decisions. It has also made me think about the path I will take with my career.
On the one hand, I know that I am a young man with a lot of ambition and wanting to contribute something of value to society, and on the other, I admit that I am still a somewhat naive and a bit entitled lad.
I have the interest and conviction that creating a business could be my opportunity to test myself as an educated individual. To start something of value for others that can allow me to leave my dent in the universe.
And if I can manage to become a financially independent and stable man, what more can a man ask for?
Here is my story in a nutshell.
I come to this forum to learn a lot from all of you. And to potentially lay the foundations for a personal project.
And of course, I trust that I can contribute something of use to all of you despite my short work experience.
You never know when a personal anecdote or a financial/economic insight could end up being of value to others.
Respectfully,
ElDiablo
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