dutch-guy
New Contributor
Let me introduce myself, i am an 33 y.o. entrepeneur from the netherlands.
After being on the sidewalk for years, i decided to make something of myself in 2011. So i started reading selfhelp books and attending seminars. In 2012 i really took off by starting my bussiness. My bussiness really went well. I started in consultancy, even tough i hate it, because i legal limitations on my passion of teaching. When thos limitations ended, i started teaching, and i started the hard road of building my educational company. I have a passion for teaching, and a passion for entrepeneurschip, and that shows. In my bussiness, i am currently surpassing 15 year old company's after 2 years of launching it.
On the sideline i have kept on reading all selfhelp books, for bussiness, spirituality, investing, moneymanagement and so on. I read all the books, that MJ DeMarco is mocking in his book. The urge vor investing finaly yealded in buying an extra house in the beginning of this year, in a tourist area, to rent out as a vacationhome. This is my first passive income. This is going quite well, but in comparison to my company profits, this is pocketchange.... I realized early on, that i need a LOT of real estate to make a descent living.
When i read The Fastlane, a lot of things fell into place. To be honest, i think i am even better in fastlaning then in slowlaning. Because i am a good entrepeneur, and am really having trouble with frugality! I am way better in upping my income and building my company, than saving.
My company went like this:
First half year 2012: low profit, because startup. gros vollume: €16k
First full year 2013, consulting took off. gros vollume: €150k, profit: €65k. Mainly investing my consulting income, on building my educational company. This year i started my educational company.
Second full year2014 stopped consulting, had to run on education, lots of investing. gros vollume €250k, profit €65k. Mainly spending my teaching income, on building the company.
Third full year 2015, running on education, less of investing. (prognosis) gros vollume €300k, profit €100k. Allmost dubbled my profit, because i dont have to invest as much as in the beginning.
My upper limit, in the business where i am in, with this educational company, is a gros vollume of 1 Million euro, so i will max. this out, and sell it then.
The book shifted something in me, i think i will focus a lot more on my bussiness, and less on real estate, on the long run, i would love to have more real estate, but i think i will first cash out on my business....
You know, the book resonated so much with me, because this is so close to my original self, way more, than i was busy with.
After being on the sidewalk for years, i decided to make something of myself in 2011. So i started reading selfhelp books and attending seminars. In 2012 i really took off by starting my bussiness. My bussiness really went well. I started in consultancy, even tough i hate it, because i legal limitations on my passion of teaching. When thos limitations ended, i started teaching, and i started the hard road of building my educational company. I have a passion for teaching, and a passion for entrepeneurschip, and that shows. In my bussiness, i am currently surpassing 15 year old company's after 2 years of launching it.
On the sideline i have kept on reading all selfhelp books, for bussiness, spirituality, investing, moneymanagement and so on. I read all the books, that MJ DeMarco is mocking in his book. The urge vor investing finaly yealded in buying an extra house in the beginning of this year, in a tourist area, to rent out as a vacationhome. This is my first passive income. This is going quite well, but in comparison to my company profits, this is pocketchange.... I realized early on, that i need a LOT of real estate to make a descent living.
When i read The Fastlane, a lot of things fell into place. To be honest, i think i am even better in fastlaning then in slowlaning. Because i am a good entrepeneur, and am really having trouble with frugality! I am way better in upping my income and building my company, than saving.
My company went like this:
First half year 2012: low profit, because startup. gros vollume: €16k
First full year 2013, consulting took off. gros vollume: €150k, profit: €65k. Mainly investing my consulting income, on building my educational company. This year i started my educational company.
Second full year2014 stopped consulting, had to run on education, lots of investing. gros vollume €250k, profit €65k. Mainly spending my teaching income, on building the company.
Third full year 2015, running on education, less of investing. (prognosis) gros vollume €300k, profit €100k. Allmost dubbled my profit, because i dont have to invest as much as in the beginning.
My upper limit, in the business where i am in, with this educational company, is a gros vollume of 1 Million euro, so i will max. this out, and sell it then.
The book shifted something in me, i think i will focus a lot more on my bussiness, and less on real estate, on the long run, i would love to have more real estate, but i think i will first cash out on my business....
You know, the book resonated so much with me, because this is so close to my original self, way more, than i was busy with.
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