Dark Water
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Well let's see I just graduated college in May with a degree in Small Business Management, concentration in Entrepreneurship.
Scholarships and financial aid were dropped for me for no apparent reason after freshman year (after they got me in the door) and I'm looking at 60k in loans to repay.
My loans need to be repaid starting in October, so I have about 2-3 months to secure a slowlane job.
I'm looking at being a Verizon Wireless sales rep in which I'd take the train into the city, could work on my fastlane and educate myself on the train in the mean time. The pay is $26,576.00 + commission + benefits, and they say base pay comes out to about $41,000, but Glassdoor shows about $33-35k.
I currently work at a grocery store stocking shelves but I do get a good amount of face to face interaction with customers so I am very comfortable with people and I am sure I can sell well.
Other than that, I am also interviewing for a job as an inside sales rep working with colleges selling them materials for students. This is about a 35k base.
I think I'll need to pay about $1k a month in loans. I have no living expenses currently besides cell phone and gym and some food.
What would you do in my situation? I have about 3 months until the loan repayments hit, and they hit hard. I make about $150 / week. Obviously I am experiencing some cognitive dissonance because the last thing I want to do is get a real, full time job to distract me from my fastlane journey. After all, everything you read on this forum is about "quitting your job, NOW". But its a route I am going to have to take, because I need to pay off the loans. Its a trap, and a cycle. Eventually I'll need to leverage my fastlane knowledge or business skills to get me out of this situation faster.
But I'm not 100% sure I can forgo the full time job and work full time on my own fastlane / business because there is risk. I am ok with risk and failure but when loans will be hitting, risk of default, wage garnish on my already non existant wages, there is not much choice I have.
I'm currently working on an 2 ebooks, a website, and a free report but even in the best case, this will only provide minor residual income, nothing to the tune of $1k / month.
What would you do? Take a job immediately and start saving, while working on the fastlane / hustle on the side. Or wait another month or two to get a job closer to when payments start hitting, and try to make it on my own in the mean time?
Thanks for your input.
Scholarships and financial aid were dropped for me for no apparent reason after freshman year (after they got me in the door) and I'm looking at 60k in loans to repay.
My loans need to be repaid starting in October, so I have about 2-3 months to secure a slowlane job.
I'm looking at being a Verizon Wireless sales rep in which I'd take the train into the city, could work on my fastlane and educate myself on the train in the mean time. The pay is $26,576.00 + commission + benefits, and they say base pay comes out to about $41,000, but Glassdoor shows about $33-35k.
I currently work at a grocery store stocking shelves but I do get a good amount of face to face interaction with customers so I am very comfortable with people and I am sure I can sell well.
Other than that, I am also interviewing for a job as an inside sales rep working with colleges selling them materials for students. This is about a 35k base.
I think I'll need to pay about $1k a month in loans. I have no living expenses currently besides cell phone and gym and some food.
What would you do in my situation? I have about 3 months until the loan repayments hit, and they hit hard. I make about $150 / week. Obviously I am experiencing some cognitive dissonance because the last thing I want to do is get a real, full time job to distract me from my fastlane journey. After all, everything you read on this forum is about "quitting your job, NOW". But its a route I am going to have to take, because I need to pay off the loans. Its a trap, and a cycle. Eventually I'll need to leverage my fastlane knowledge or business skills to get me out of this situation faster.
But I'm not 100% sure I can forgo the full time job and work full time on my own fastlane / business because there is risk. I am ok with risk and failure but when loans will be hitting, risk of default, wage garnish on my already non existant wages, there is not much choice I have.
I'm currently working on an 2 ebooks, a website, and a free report but even in the best case, this will only provide minor residual income, nothing to the tune of $1k / month.
What would you do? Take a job immediately and start saving, while working on the fastlane / hustle on the side. Or wait another month or two to get a job closer to when payments start hitting, and try to make it on my own in the mean time?
Thanks for your input.
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