The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Reality Check Needed by FL

Mantas

PARKED
Oct 14, 2018
2
0
3
Scotland
Hi guys, thank you for reading my concerns and any advice is great!

Intro:

Currently I am living in a small town of about 4k people with my parents (which helps me to save some money on food and rent).

Now I theoretically know what I need to learn and do to start running small internet hustles like e-commerce shops, amazon FBA ect.

Question 1: So here is what I am not sure about is which way I should build capital : I need 10k just to test the internet waters through running ads , setting up stores , ect.

Do I earn it through my 8-5 job , which will take me around 8 months and after all those months of hard work and saving I might feel unconfident taking risk.

OR

I can cut my job to 1 working day just to pay rent to my parents , learn a freelance skills (this could take up to 1-2 months maybe?) that is in demand on upwork and start working as a freelance and start increasing my payday from there. (just like mj demarco did with websites)

The reason I am asking is I might have to burn through a lot of ventures to see what works and what doesn’t and the 8 month period just to get capital needed to test and try things?

I can also drop this plan and try joining an internet start-up or business and take on from there?


Please let me know what you think guys!
 

Don't like ads? Remove them while supporting the forum. Subscribe.

lewj24

Gold Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 12, 2016
377
1,335
423
24
St. Louis, MO
Easy. You do both.

Work a job. Do your side hustles. Grow that to where you can quit your job and do that full time.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.



Don't like ads? Remove them while supporting the forum. Subscribe to become an INSIDER.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom