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Growing and Scaling Your Business
Process / Execution
Mon_fi's progress thread
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<blockquote data-quote="mon_fi" data-source="post: 904301" data-attributes="member: 78083"><p><strong>Hey,</strong></p><p></p><p>Here's my progress thread. I had been looking forward to writing it for a long time now. I will journal here about my journey from graduation to fastlane business, applying the principles outlined in TMF. In order to take pressures off my own shoulders, I will only talk about what I have done, and the next step I need to take.</p><p></p><p><strong>Context</strong></p><p>I graduated in June 2020. In September 2020, I came to Poland for holidays, loved it, found a job and decided to stay. I will start my very first "real job" (I have been working student jobs since I was 16) in October in an international company here in Poland. My salary is slightly above Polish average, but nowhere near what I would make in Belgium (about 900€ /month). This is the bottom of the bottom, a job that will enable me to pay for rent, food and the gym, which is, comparably to the rest of the world, actually quite good!</p><p></p><p><strong>Is it idiotic to go work in the former Communist block while everyone is moving west for "better living conditions"? </strong></p><p>I know it is weird, but I'm actually much happier to be making so little money (about 5.75€/hour) compared to what I would have made in my home country. At least here, if I do something wrong, embarrass myself, make a big mistake or even get fired (that happened before), I will not feel stressed or pressured because I can always go home. Had I been handed a very big job with a very big salary, I would have been much more stressed about the idea of potentially losing it. This therefore takes all the pressure off my shoulders, and I feel freer.</p><p></p><p>The other thing is that I have much more value in Poland than I did in my home country, because literally no one makes the conscious decision to choose to make a 900€ salary instead of 1500€ . Belgium being a country with very good living conditions, everyone wants to go there, which increases competition: while I had to compete with the French, German, Dutch, Greeks, Spanish, Polish, Lithuanians, Bulgarians and well, other Belgians<strong> for unpaid internships and slowlane jobs</strong> in Brussels, I compete with legit no one in Poland. My skills and background are rare, and I can offer that to people. Even one of these big accounting firms which wouldn't dare consider my resume for an internship in Brussels, offered me an interview for a job in Poland. It's nice to feel desired (btw, if you really really really want to work for a company in your home country but you can't, go to a country where people make less money and where that company is also established. It will suddenly be much easier.)</p><p></p><p>While my sister called my moving here idiotic, here's what I believe: <strong>if you want to build a fastlane business, whether you make 900€ or 1500€ now does not matter because the slowlane will not make you rich anyway. A slowlane job's function is to pay for food, health and shelter. </strong>I guess time will tell whether this statement is right or not.</p><p></p><p><strong>The first step: the foundational job</strong></p><p></p><p>The first step on a fastlane road is the foundational job. Checked. Now, I need to develop specialized labor to increase my worth/hour. I intend to teach the languages that I know, for about 10€ /hour, which will be significantly better than my hourly wage at my job. The more students I can get at once, the more money I can make (until I teach an entire class?). That money will pay for the next step, the development of a specialized skill. But let's not get ahead of ourselves. Once I find my first student, I will write it here.</p><p></p><p>Best,</p><p></p><p>M.</p></blockquote><p></p>
[QUOTE="mon_fi, post: 904301, member: 78083"] [B]Hey,[/B] Here's my progress thread. I had been looking forward to writing it for a long time now. I will journal here about my journey from graduation to fastlane business, applying the principles outlined in TMF. In order to take pressures off my own shoulders, I will only talk about what I have done, and the next step I need to take. [B]Context[/B] I graduated in June 2020. In September 2020, I came to Poland for holidays, loved it, found a job and decided to stay. I will start my very first "real job" (I have been working student jobs since I was 16) in October in an international company here in Poland. My salary is slightly above Polish average, but nowhere near what I would make in Belgium (about 900€ /month). This is the bottom of the bottom, a job that will enable me to pay for rent, food and the gym, which is, comparably to the rest of the world, actually quite good! [B]Is it idiotic to go work in the former Communist block while everyone is moving west for "better living conditions"? [/B] I know it is weird, but I'm actually much happier to be making so little money (about 5.75€/hour) compared to what I would have made in my home country. At least here, if I do something wrong, embarrass myself, make a big mistake or even get fired (that happened before), I will not feel stressed or pressured because I can always go home. Had I been handed a very big job with a very big salary, I would have been much more stressed about the idea of potentially losing it. This therefore takes all the pressure off my shoulders, and I feel freer. The other thing is that I have much more value in Poland than I did in my home country, because literally no one makes the conscious decision to choose to make a 900€ salary instead of 1500€ . Belgium being a country with very good living conditions, everyone wants to go there, which increases competition: while I had to compete with the French, German, Dutch, Greeks, Spanish, Polish, Lithuanians, Bulgarians and well, other Belgians[B] for unpaid internships and slowlane jobs[/B] in Brussels, I compete with legit no one in Poland. My skills and background are rare, and I can offer that to people. Even one of these big accounting firms which wouldn't dare consider my resume for an internship in Brussels, offered me an interview for a job in Poland. It's nice to feel desired (btw, if you really really really want to work for a company in your home country but you can't, go to a country where people make less money and where that company is also established. It will suddenly be much easier.) While my sister called my moving here idiotic, here's what I believe: [B]if you want to build a fastlane business, whether you make 900€ or 1500€ now does not matter because the slowlane will not make you rich anyway. A slowlane job's function is to pay for food, health and shelter. [/B]I guess time will tell whether this statement is right or not. [B]The first step: the foundational job[/B] The first step on a fastlane road is the foundational job. Checked. Now, I need to develop specialized labor to increase my worth/hour. I intend to teach the languages that I know, for about 10€ /hour, which will be significantly better than my hourly wage at my job. The more students I can get at once, the more money I can make (until I teach an entire class?). That money will pay for the next step, the development of a specialized skill. But let's not get ahead of ourselves. Once I find my first student, I will write it here. Best, M. [/QUOTE]
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