Now introducing, 40more.

[40more]

Hi Everyone,

I've been debating for a while whether to join this forum, and after much thought, I finally decided to take the leap. A few months ago, after the birth of my twins, I read The Millionaire Fastlane , but instead of taking immediate action, I found myself stuck in deep reflection—ruminating on the life I had built and how I could possibly escape it to truly be present for my children.

That period of rumination led me to Unscripted , and even though I’m not even halfway through the book, I knew it was time to join this community. I recently took multiple days off work just to process everything, and now that I’m supposed to return, I realize—I don’t know how I can do it anymore. It doesn’t seem worth it. The cost feels far greater than the reward.

Work-wise, I’m in a relatively fortunate position compared to most. As an IT Rotational Analyst, I rotate through four different teams—some highly technical, others more business-oriented—before ultimately choosing where to land in the organization. I’m learning a lot, but for what? A paycheck that costs me my time, freedom, and presence in my children’s lives?

I’ve decided that now is the time to take control. I’m committing to transitioning into entrepreneurship, and I’m excited to learn, grow, and take action as so many of you have done.

For anyone that feels up to it, I have three questions:

1. For those who have made the transition from a job to the Fastlane, what was your biggest challenge, and how did you overcome it?
2. If you were in my shoes—balancing work, family, and the desire for entrepreneurship—what would be your first steps?
3. What’s one piece of advice you wish you had known when starting your Fastlane journey?

Looking forward to the journey ahead!

 

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[DareDevil]

Welcome to the forum
I am not in the relevant situation described by you so I will refrain from any advice which doesn't have substance and
I wish you success and strength in your new journey!

 

[Kevin88660]

On Transition Difficulty The challenge is typical. Lack of cashflow. Lack of customers. It’s more of the decision to grind and not to quit and knowing why taking that path. In my 20s, no wife and kids, my parents do not need my support and paid off my tuition fees in full. If I do not take the risk and that best window will be over. You still do later in life just I think you need to balance many more plates and will be more stressful. It’s a lot easy to just focused on business and money, going to gym 2-3 times a week and having common dinner 2-3 a week with friends and family members and business associates.

On balance You need to calculate the amount of time and money you can afford to risk to be invested without severely impacting the quality life in a very adverse manner. Selling the idea of business and entrepreneurship is going to going to be hard to your family members because most people enjoy stability and that business route requires sacrifice for years without rewards in sight. To have least impact on your family members you might need to wake up earlier, sleeping a bit later, cuttin off all personal hobbies and also seeing your children less at the start. You probably have even less time for your children at start. But think about the generational wealth that is coming. You are giving your children a head start in life with compound interest that his or her peers can catch up with a job.

On lessons You do not have control on when you are going to be financially successful and you do have a large degree on control on if you are going to be financially successful. Therefore patience and staying in the game is key.

Singapore decided to have 2 casinos and massive infrastructure development plans 15-17 years ago, my dad was a civil engineer and his pay started to rise fast quickly. Once he was involved in one train station construction project, this CV gave him the power to jump to the next company who offers him a higher pay as they just bid successfully a train station project. The cycle went on and on, his CV became more and more valuable. This is a slowlane example, but the same is true for business. If he is a construction business owner that would enabled him to capture a lot more financial upside.

Just do the right things. Eventually you will get “lucky”. Lucky events come with prerequisites that you spent years earlier earning those prerequisites. Most people need to confirm the rewards before putting in the work. Lucky people put in the work before they know for sure how it is going to impact them positively down the road. It’s the latter that become lucky because when the lucky event comes only they have the prerequisites.

 

[alexkuzmov]

Hi Everyone,

I've been debating for a while whether to join this forum, and after much thought, I finally decided to take the leap. A few months ago, after the birth of my twins, I read The Millionaire Fastlane , but instead of taking immediate action, I found myself stuck in deep reflection—ruminating on the life I had built and how I could possibly escape it to truly be present for my children.

That period of rumination led me to Unscripted , and even though I’m not even halfway through the book, I knew it was time to join this community. I recently took multiple days off work just to process everything, and now that I’m supposed to return, I realize—I don’t know how I can do it anymore. It doesn’t seem worth it. The cost feels far greater than the reward.

Work-wise, I’m in a relatively fortunate position compared to most. As an IT Rotational Analyst, I rotate through four different teams—some highly technical, others more business-oriented—before ultimately choosing where to land in the organization. I’m learning a lot, but for what? A paycheck that costs me my time, freedom, and presence in my children’s lives?

I’ve decided that now is the time to take control. I’m committing to transitioning into entrepreneurship, and I’m excited to learn, grow, and take action as so many of you have done.

For anyone that feels up to it, I have three questions:

1. For those who have made the transition from a job to the Fastlane, what was your biggest challenge, and how did you overcome it?
2. If you were in my shoes—balancing work, family, and the desire for entrepreneurship—what would be your first steps?
3. What’s one piece of advice you wish you had known when starting your Fastlane journey?

Looking forward to the journey ahead!

Welcome!

I can see that your kids are a great motivator for you. Dare I say they are the reason why you are here. You should think strongly about your "why" if you are going to be serious about going down the entrepreneurial road.

1. Depends on what you mean by transition. It can be mental first and actual later.
Hard to say what "your" biggest challenge will be and knowing mine, may not help.
Mine was taking the leap, quiting my job and just making a promise that I woild never ever EVER send out another CV again.
I had to prepare some money for about a year because I had a baby too. To do this I worked a normal job and anything I could find after work and I saved what I could, sold shit I didnt need etc.
When the time came I just quit and was in withdrawal for about a week.

2. If I had to do it all over again, the ballancing act, I would remove all stresses that I can. No smoking, no drinking, no coffee, no getting angry in traffic (hence no car driving), no going out, no sleep deprivation, no junk food, no angry relatives, no social media, no politics, no news, no no and no.
Say NO to as much as you can, be selfish and look after your health.
Being well rested and calm makes you way more productive.
The next steps after you'll have to figure out.

3. Its OK yo help ONE person and get paid for it BEFORE you help many.

I still have mostly no idea what Im doing, so take what I say with a grain of salt. Im still reading and learning, doing things as I go. I started rarely calling myself entrepreneur (identity shift) barely a year ago, even though I havent had a job for almost 4 years now.

 

[MJ DeMarco]

Welcome aboard.

1. For those who have made the transition from a job to the Fastlane, what was your biggest challenge, and how did you overcome it?
2. If you were in my shoes—balancing work, family, and the desire for entrepreneurship—what would be your first steps?
3. What’s one piece of advice you wish you had known when starting your Fastlane journey?

I can speak only from my experience of dealing with people in this situation for YEARS, not my own.

1) I can't say there is a biggest challenge -- there are many.

A) Comfort. You are comfortable with a paycheck, even though you have some disgruntlement. Entrepreneurship can mean weeks/months of unpaid work.​

B) Desire. After work is when you can pursue an escape. Most people when they come home from work, don't want to do MORE WORK. They want to recharge, rest, and relax.​

C) The Grind: At some point, the lack of a feedback loop in your pursuit will make you question your choice. You will then likely resort to mental negotiations -- this Fastlane stuff isn't worth it -- and then return to the baseline of a job. This is when you leave the forum, put the books on a shelf, and go back to reading "save $50 for 50 years" material. Not saying this is YOU per se, but this is the likely progression as expectations don't match reality.​

​

2) Entrepreneurship (while you're in a job) is likely to be imbalanced. If you desire a balance, you likely won't make it. I'm not suggesting to give up family or work, but many times you will need to meander into the imbalanced to make things work. First steps?

Put yourself on the tracks -- align with a purpose and a problem.

newsletter Thread 'The Problem/Purpose Paradigm: Fire Unlimited Motivation and Laser Focus...'

Jul 11, 2024

The Problem/Purpose Paradigm
How to Tap Into Unlimited Motivation and Give Yourself a Laser-Like Focus. Every. Single. Day.


Imagine you're chained to a railroad track.


In the distance, you hear the ominous clatter of an approaching train. Your heart pounds like a jackhammer, and every beat is a desperate reminder that time is slipping away.

The lock mechanism trapping you on the tracks can only be solved if you decipher the Latin passcode etched on its surface.


Death is around the corner if you don't take action and translate the code from Latin to English. As a...

• MJ DeMarco
• motivation passion problem problems purpose value skew
• Replies: 20
• Forum: Process and Execution

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3) Expectations. This is a hard choice. It is an investment in your future and will demand some sacrifice. Some long nights. Some questioning and doubt. Same capital and a lot of time. However, mediocrity and dead dreams is also a hard existence. Choose your hard, or have it choose you.

I say none of this to dissuade you, but to create a set of expectations.

Choosing to be an entrepreneur suddenly as a lifelong employee is akin to being obese your entire life and suddenly deciding to hit the gym 5X a week and going from a fast-food diet, to whole foods natural diet.

Take it lightly, and it simply won't work.

Treat it with seriousness, and it will.