Hi fellow readers,
In short, I have been raised in a Slowlane environment. With the mindset that saving money and living below your means will result in a 'successful' life. However, it never felt right and I wanted more out of life. Unaware of the Fastlane mentality back 2 years ago, I set course for the Fastlane! And recently made my first Fastlane move! What's next?
My name is Juul, a 27 year old male from Eindhoven, The Netherlands, EU. Until about two years ago, when I was graduating, I have always followed the 'go to school, get a good job, get better, get money' strategy. Saving money and living below my means would result in a small fortune that can be enjoyed when retiring. A typical Dutch strategy I suppose... I was never looking forward to working a full time job, but accepted that this was going to happen eventually. During my graduation, I studied Electrical Engineering by the way, I started a part-time job at this electronics engineering and manufacturing company and noticed that my perspective on 'working a full time job' was completely off. I actually liked working... Not because I like a boss telling me what to do, but because for the first time in my life I actually felt like I was adding value to the world!
It was that feeling of adding value to the world that motivated me and changed my mind about my future. I just have to do more for the world. I feel like I can do more for the world. And I believe that this will make my own life better as well. A seed was planted in my mind. A seed that I started growing by reading books and educating myself about modern day visionaries and what entrepreneurship meant. I want to be part of creating solutions to world's biggest problems. To do so, I concluded that I need to acquire the following two things; financial independence and the skills necessary to execute such plans. The first is mainly to facilitate my current lifestyle without fear of becoming homeless and living in stress.
Working on the first objective is were I made my first Fastlane move. While graduating and working for this company, I have remained living in my dorm room and committed myself to the following; I will only leave this place when I can afford to buy a place of my own. And so I did. And above all expectations I made a pretty damn good deal. I bought this property that used to be three apartments stacked above each other. After two months of moving in, fixing some minor things and furnishing, I'm currently renting out the top floor as apartment and renting out one room to a friend of ours. The combined rent fully covers the mortgage on the house, but does not cover the expense of living (yet). I plan on changing the property back into three apartments, to increase profitability. Felt great doing this as I can now see that the investment made (finding, buying and furnishing the property) resulted in a very good passive income and one step closer to independence from my full time job.
Regarding my second objective, progressing feels slow. I want to add value, but do no know what route to pick and find myself looking into a lot of directions. Should I try to find a challenge in my current field of expertise? Or widen my view a step into something new? How do I decide where to add most value? And how do I know when I'm ready to execute?
I hope to learn from like minded at this forum and contribute where I can.
Looking forward to joining this community
~ Juul
In short, I have been raised in a Slowlane environment. With the mindset that saving money and living below your means will result in a 'successful' life. However, it never felt right and I wanted more out of life. Unaware of the Fastlane mentality back 2 years ago, I set course for the Fastlane! And recently made my first Fastlane move! What's next?
My name is Juul, a 27 year old male from Eindhoven, The Netherlands, EU. Until about two years ago, when I was graduating, I have always followed the 'go to school, get a good job, get better, get money' strategy. Saving money and living below my means would result in a small fortune that can be enjoyed when retiring. A typical Dutch strategy I suppose... I was never looking forward to working a full time job, but accepted that this was going to happen eventually. During my graduation, I studied Electrical Engineering by the way, I started a part-time job at this electronics engineering and manufacturing company and noticed that my perspective on 'working a full time job' was completely off. I actually liked working... Not because I like a boss telling me what to do, but because for the first time in my life I actually felt like I was adding value to the world!
It was that feeling of adding value to the world that motivated me and changed my mind about my future. I just have to do more for the world. I feel like I can do more for the world. And I believe that this will make my own life better as well. A seed was planted in my mind. A seed that I started growing by reading books and educating myself about modern day visionaries and what entrepreneurship meant. I want to be part of creating solutions to world's biggest problems. To do so, I concluded that I need to acquire the following two things; financial independence and the skills necessary to execute such plans. The first is mainly to facilitate my current lifestyle without fear of becoming homeless and living in stress.
Working on the first objective is were I made my first Fastlane move. While graduating and working for this company, I have remained living in my dorm room and committed myself to the following; I will only leave this place when I can afford to buy a place of my own. And so I did. And above all expectations I made a pretty damn good deal. I bought this property that used to be three apartments stacked above each other. After two months of moving in, fixing some minor things and furnishing, I'm currently renting out the top floor as apartment and renting out one room to a friend of ours. The combined rent fully covers the mortgage on the house, but does not cover the expense of living (yet). I plan on changing the property back into three apartments, to increase profitability. Felt great doing this as I can now see that the investment made (finding, buying and furnishing the property) resulted in a very good passive income and one step closer to independence from my full time job.
Regarding my second objective, progressing feels slow. I want to add value, but do no know what route to pick and find myself looking into a lot of directions. Should I try to find a challenge in my current field of expertise? Or widen my view a step into something new? How do I decide where to add most value? And how do I know when I'm ready to execute?
I hope to learn from like minded at this forum and contribute where I can.
Looking forward to joining this community
~ Juul
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