The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

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

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Hello from the North of England!

MH9000

New Contributor
User Power
Value/Post Ratio
167%
Aug 1, 2020
3
5
UK
Hi,

A bit about me, and my "journey" so far...I'm 35, from the north of the England.

I was always pretty good academically, so at 18 the default option as for so many people my age back then who didn't really know what to do, parents didn't have university background I ended up nudged towards an arts degree (languages because I was good at them), being quoted that you earn over "£250,000" over your lifetime than non-grads and other such crap.
I did okay but couldn't shake the nagging feeling that it whilst it was useful, there was a lot of other literature and academic rabbit holes with linguistics that really weren't for me, and more of an auxillary skill to complement a main one

Eventually left, along with the debt and no qualifications or experience aged 21.

Got a job driving delivery vans, 4 years of early starts and weekend work.

Eventually left for an office job and after a year went back, 4 years later got a degree in Mechanical Engineering graduating aged 30.

So I'd spent 7 years of my twenties in full-time education at this point! Although I'd worked summer jobs and some internships.

Did some "contracting" (although really it's just working via ltd company, no-one with just a degree and no experience is a specialist contractor yet) for 3 years and found a full time job in the hope I can learn more whilst there. It's a different area of mechanical (oil & gas) but I was glad to change industry.

I feel like I'm well behind for my age to be honest but I can't change the past.

I know a couple of close friends who've gone down the entrepreneur route, one in HVAC, starting as a one-man band in the trade and now employs a lot of people, and another in the drinks business.

Not going to lie, feels like time is running out for me to do something but I don't really know what.

I'm looking into the coding and online thing but not sure it's for me.

Another option is trying to do something with mechanical engineering, I am already on this path in a way but it's O&G and not an area that I can go off and contract easily at the moment. Potentially a lucrative area once it picks up again but more consulting rather than a business.

I think areas such as HVAC/Building services consulting (from the design side rather than on the tools like my mate started out) has a better market in some ways as there's lots of smaller clients rather than the large oil companies. Problem being I'd need to learn this area as I really don't know much outside the basics, and don't think it's possible to learn it yourself to a standard to sell to clients.

I've also considered doing some structural engineering, doing work for residential clients and then moving onto bigger ones. However I don't really have the experience in this, and short of taking a pay cut for 5 years to become proficient and then setting up on my own I don't see how to get into it. I think it's fairly common for structural engineers to do work on the side in this way, but I'm mechanical and though I know how to do the calculations really not sure what else is involved in the detail.

A final wildcard option is retraining in a trade, seems crazy after all those years education already but I've heard of another guy on a forum who did just that. Retrained as a gas engineer, with one of the fast-track courses, then worked for nothing for a year to get the final qualifcation (how it works in the UK is you need a certain amount of practical experience to sign off the final part of the qualification), if you can work on the industrial side the demand is huge and money is very good. Again more consulting type work but scope to set-up a business.

Anyway enough rambling. I look forward to making use of the forum, I've seen some great posts already (US needs more tradespeople for one).

Cheers,
Matt
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.
Last edited:

tonibob

Contributor
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
107%
Jun 22, 2020
46
49
London
Hi Matt,

Greetings from Kent, UK.

First of all you are young, you got time to fail. No idea why you are so hard on you, thinking that you are missing out. I am 45 and still haven't figured it out, yes I have been building businesses all my life some as one man band as well. I am actually moving/pivoting whatever you want to call it from construction business. It is not entrepreneurial at all, you will be just another structural engineer, HVAC etc. company fighting for the market. You can make good money, but you won't have freedom, not in the sense @MJ DeMarco is talking about if you read his books. I have, been struggling all my life, to find that niche where I can make a difference, feel a need etc., but I go down to typical route after very short period of time and do what everybody else does, work (yes it is my now business, but still need to work), earn profit and repeat. I haven't been able so far to build a business which is detached from me. If you want to have business to pay your bills, then go for it, if you want to have freedom, then read through the forum, to get an idea how and what you need to do.

I wish you good luck.
Pete
 

Andy Black

Help people. Get paid. Help more people.
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
369%
May 20, 2014
18,722
69,138
Ireland
Welcome Matt. Where about are you from up North in England? I went to school in Carlisle (amongst many other places) and the University of York.

Seems like you’re considering starting from scratch again and learning another technical skill/trade? What about selling your current skills, and then figuring out how to scale from there?

By “current skills” I don’t just mean what you went to college for. Maybe you can help people with many other skills you don’t even think you have.

Maybe just focus on helping people and then figure out how to get paid, then scale?

I’m curious what you’d make of this:
 

MH9000

New Contributor
User Power
Value/Post Ratio
167%
Aug 1, 2020
3
5
UK
Welcome Matt. Where about are you from up North in England? I went to school in Carlisle (amongst many other places) and the University of York.

Seems like you’re considering starting from scratch again and learning another technical skill/trade? What about selling your current skills, and then figuring out how to scale from there?

By “current skills” I don’t just mean what you went to college for. Maybe you can help people with many other skills you don’t even think you have.

Maybe just focus on helping people and then figuring out how to get paid, then scale?

I’m curious what you’d make of this:
Cheers for the replies gents.

@Andy Black - I'm from Yorkshire but lived in Manchester, Leeds & York too. Also worked in South-east and midlands.

Starting from scratch is kind of a last resort and really a wildcard option, no doubt I'll have to pick a few things whatever I do. It makes sense to use what I already have though.

I'll take a look at the link now, thanks.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Andy Black

Help people. Get paid. Help more people.
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
369%
May 20, 2014
18,722
69,138
Ireland
Cheers for the replies gents.

@Andy Black - I'm from Yorkshire but lived in Manchester, Leeds & York too. Also worked in South-east and midlands.

Starting from scratch is kind of a last resort and really a wildcard option, no doubt I'll have to pick a few things whatever I do. It makes sense to use what I already have though.

I'll take a look at the link now, thanks.
York is lovely.

These might help too:
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

More Intros...

Top