The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

How long has it taken for your project to generate income for you to live?

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

How long has it taken for your project to generate income for you to live?

  • < 1 year

    Votes: 3 50.0%
  • 1 - 2 years

    Votes: 2 33.3%
  • 2 - 4 years

    Votes: 1 16.7%
  • 4 - 6 years

    Votes: 0 0.0%
  • 6 - 8 years

    Votes: 0 0.0%
  • 8 - 10 years

    Votes: 0 0.0%
  • > 10 years

    Votes: 0 0.0%

  • Total voters
    6

Soder

Bronze Contributor
Jan 3, 2019
63
149
120
The right mindset needs to be fixed in the long term, as MJ says it is a multi-year project.

I open this thread for us to comment on the years it takes to reach success, to encourage us in the short term to achieve long-term goals.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

RazorCut

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
May 3, 2014
2,002
6,978
1,516
England UK
I've always found that the time it takes is often dependent on the time available, (Parkinson's law). If you burn your bridges (jack in your job) then your project has to pay its way quickly or you go hungry. A great incentive for action.

On the other hand if you are well paid and generally enjoy your job it will probably take a lot longer.
 

tiagosoares17.22

Bronze Contributor
Read Millionaire Fastlane
Aug 5, 2017
74
128
135
Porto, Portugal
My Online Fitness Coaching took me about 2 years until I started to make enough money. In the beginning, I did not know much of what I was doing, even though I knew a lot about nutrition and other things.

Nowadays, with my second project - wine production, it might even take longer. I have to invest thousands and thousands, and wine is something it takes time to make. On top of that, once again, I have to figure things out mostly by myself.
 

Jello

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jan 1, 2018
104
232
164
51
NL
This depends on so many things. How much are you investing regarding time. How much are you investing regarding money. Do you have the skills or do you have to educate yourself first to obtain skills needed for your project.

When no money to invest you have to invest more time. When you don't master the skills needed you need even more time to learn the skills needed.

When you have money to fund your project you can hire people who are skilled and do specialized work for you.

It will save you more time which you can use to leverage your project by learning other skills needed.

For example when you can hire programmers to do coding for you you'll have time to learn or when already skilled in, practice and focus on marketing.
 

Sponsored Offers

  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Hi Mj, I just bought it. And reading it. I think is a great idea to write using the stories to...
  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2020
Great post @Fox, very much appreciated! How can I reach out to you? I sent you a PM a while...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Hey @Lex DeVille ! Having some issues with the NOREGRETS code? Udemy thinks it has expired...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Are you looking for a new, lesser-known but potentially very lucrative source of leads to your...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Just got off the phone with @LightHouse. Having just a 45 minute conversation with him has...
  • Sticky
MARKETPLACE Kill Bigger Incubator
@Kak Thanks for the reply. Whats interesting is that I have an idea that's been cooking which...



Forum Sponsor

sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom