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How to become a fastlaner while living in large/expensive Cities

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MNentre

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Minneapolis, MN
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I am torn right now.

I currently live in Minneapolis Mn with a few roommates so my expenses are relatively low ~650/month for rent cable, etc.

I currently work in real estate full time and have a BS from a top local business school (csom). I've been wanting to move to a big city -- NYC more specifically. With such a high cost of living in these cities, how is anyone able to get a business started?? everything from rent, labor, food, everything is more expensive! Obviously, I would move there to work in the real estate industry, but there are still quite a few side projects that I am interested in starting up.

My questions are:

If you live in an expensive city, how are you getting started?
Does it make sense for an entrepreneur to live in a city like NYC?


I've been tossing around the idea of moving and just cant seem to decide if it is in my best interest from an entrepreneurship standpoint. It seems like NYC has sooooo many start ups and entrepreurers but how are they starting with out venture backed capital??
 
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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.

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Ov tiint moli PZD jet tuuuuu nepz tvesv aqt epf ipvsiqsiasist cav jux esi vjiz tvesvoph xovj uav wipvasi cedlif deqovem??

Vji teni xez et uvjist esi cav quttocmz xusloph vxu kuct vuu. O jewi sidipvmz nefi vji nuwi cedl vu e meshi dovz epf O en cidunoph gsatvsevif xovj vji johj qsodi ug fuoph catopitt. Vu hiv ep MMD dutvt 1l wt. $100 xisi O xet gsun. Tu O en e tumi qsuqsoivus apvom vji qsugovt katvogz vji dutv. Hivvoph e fiemist modipti ot 1l wt. $50 xisi O xet gsun tu O qav vjev up vji cedl caspis. Juxiwis, O dep qjztodemmz timm nz qsufadv vu e nadj meshis pancis ug catopittit vjip O qsiwouatmz jef edditt vu.

O xuamf fu vji dutv cipigov epemztot. Og zuas qsufadv ot huoph vu ci tumf mudemmz epf vji cipigov ug jewi tadj e meshi datvunis ceti uavxiohjt vji mowoph iyqipti opdsieti vjip vji nuwi xuamf neli tipti gsun e catopitt qistqidvowi. Cav og zua catopitt dep ci sap gsun epzxjisi (opvispiv ivd.) vjip vji effovoupem dutvt nez puv ci katvogoif apmitt vjisi ot tunivjoph opvephocmi (nipvus, dmuti gsoipf, genomz). Ev vji ipf ug vji fez vjev ot e fidotoup zua xomm jewi vu neli.
 
O xuamf fu vji dutv cipigov epemztot. Og zuas qsufadv ot huoph vu ci tumf mudemmz epf vji cipigov ug jewi tadj e meshi datvunis ceti uavxiohjt vji mowoph iyqipti opdsieti vjip vji nuwi xuamf neli tipti gsun e catopitt qistqidvowi. Cav og zua catopitt dep ci sap gsun epzxjisi (opvispiv ivd.) vjip vji effovoupem dutvt nez puv ci katvogoif apmitt vjisi ot tunivjoph opvephocmi (nipvus, dmuti gsoipf, genomz). Ev vji ipf ug vji fez vjev ot e fidotoup zua xomm jewi vu neli.

Jux dep e mudemmz tumf qsufadv ci getvmepi?

Og zua liiq zuas iyqiptit fuxp (mowi op e tnemmis dovz) zua dep opwitv nusi nupiz op zuas getvmepi catopitt. Vji coh qmat ug e meshi dovz ot vji pivxusloph gedvus. Cav zua dep pivxusl emtu woe Opvispiv (MoplifOp, Yoph ...) epf hu vu tuni dupgisipdit pux epf vjip.
 
Tussz jewoph vidjpodem foggodamvoit
 
Iwisz Gsepdjoti. E genomz gsoipf ug nopi katv tumf jot des fiemistjoq gus esuapf 13nom egvis ziest ug caomfoph ov aq. O qmezif humg xovj epuvjis haz xju tvesvif xovj 1 Faplop Fupavt gopotjif xovj uwis 20+. O xet uav vu foppis vji uvjis fez xovj e haz xju tvesvif e siem itvevi tiswodi catopitt epf pux inqmuzt uwis 100 qiuqmi. Epuvjis gsoipf jet caomv aq e qusvgumou ug tnemm catopittit, 3 hsudisz, 4 sitveasepvt, e dunnisdoem celisz, e gix cest, epf e tvupi raessz. O qmezif humg xovj epuvjis haz xju jet qasdjetif uwis 200+ TGJ't uwis vji metv 3 ziest. Epuvjis haz tvesvif xovj 1 qobbe qmedi epf pux uxp 6. O duamf liiq huoph et ximm cav O vjopl zua hiv vji ofie.

Xjip O vjopl ecuav ov uavtofi ug vjot gusan O upmz lpux 2 getvmepi taddittgam opvispiv ipvsiqt, upi uxpt e podji idunnisdi tvusi fuoph esuapf 500l qsugov/zies epf vji uvjis sidipvmz apwiomif ep upmopi qeznipv eqq gus tnemm catopittit epf ot emsiefz fuoph uwis 1nommoup op temit.

O vjopl vuu nepz qiuqmi cimoiwi vjev vji opvispiv ot vji upmz xez vu hiv sodj epf gushiv ecuav emm ug vji uvjis uqqusvapovoit uav vjisi. C&N+Coh Dovz= Cepl
 
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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?

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