• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 40,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

INTRO Recently red-pilled, broke 23 year old. Can I make it?

Discussion in 'Forum Introductions (Who are you!?)' started by ACCW, Jul 11, 2018.

  1. ACCW
    Offline

    ACCW New Contributor

    Messages:
    6
    Likes Received:
    7
    Joined:
    Jul 11, 2018
    Gender:
    Male
    Rep Bank:
    $36
    hey guys! I've just finished reading MFL and Unscripted. and HOLY sh*t, these books are modern day bibles! congratulations, MJ!

    so, here's my story. I am 23, living with my parents, and currently enrolled in law school, after dropping out of two other degrees (electrical engineering, and compsci).

    now, although my parents earn a good income (top 30%) and can support me, this is no way to live and I am ashamed.

    I have literally less than 100 dollars in my bank account, no job, and no degree. at least I am financially conscious and have no debt at all (college is free, the best universities where I live are all public)

    so here's my fastlane plan:

    - spend the rest of the year learning copywriting/digital marketing/web design, and practicing these skills on freelancing sites like upwork/fiverr/workana, in order to gain some money and experience (I've already completed two gigs)

    - next year, with my newly found skills and money, I will start various online businesses (dropshipping, information products, etc). I know I will fail many times, but it doesn't matter as long as I am improving

    - meanwhile, I will do just enough to pass classes in college, as my parents will not let me drop out of it until I am earning money (and I actually agree with them. plus, college is free anyway)


    can I make a million until my 30s?
     
  2. Rivoli
    Offline

    Rivoli Bronze Contributor FASTLANE INSIDER Speedway Pass

    Messages:
    20
    Likes Received:
    107
    Joined:
    Jun 4, 2018
    Gender:
    Male
    Location:
    Orange County, California
    Rep Bank:
    $1,132
    Honestly? I don't think so. You're just being a money chaser. The kinds of business you're talking about starting just just marketing grinds that take a lot dedication. You couldn't even stick to a degree.

    In my experience, apart from real estate and straight up marketing grinds like selling stuff on Amazon, real business start when the founder is involved in a industry or market for a long time and has detected a specialized need. You're just focused on the same list every other money chaser on here is going for.


    Unless you make a serious shift in how you're living your life I really doubt you'd be a millionaire by 30 - or ever.
     
    pingu, akotu, visiomari and 4 others like this.
  3. ACCW
    Offline

    ACCW New Contributor

    Messages:
    6
    Likes Received:
    7
    Joined:
    Jul 11, 2018
    Gender:
    Male
    Rep Bank:
    $36
    I appreciate your criticism. But what kind of shift do I need?

    Like, I know a lot of "money chasers" who only entered certain business to make money and succeeded. If I focus religiously on the process, can I not succeed as well?
     
  4. Rivoli
    Offline

    Rivoli Bronze Contributor FASTLANE INSIDER Speedway Pass

    Messages:
    20
    Likes Received:
    107
    Joined:
    Jun 4, 2018
    Gender:
    Male
    Location:
    Orange County, California
    Rep Bank:
    $1,132
    Have you really read the millionaire fastlane? I didn’t see one thing in your post about value. What you are going to do for people where they are willing to open their wallets and hand you money? Your perspective is completely off.


    Sent from my iPhone using Tapatalk
     
    guirren and visiomari like this.
  5. Rivoli
    Offline

    Rivoli Bronze Contributor FASTLANE INSIDER Speedway Pass

    Messages:
    20
    Likes Received:
    107
    Joined:
    Jun 4, 2018
    Gender:
    Male
    Location:
    Orange County, California
    Rep Bank:
    $1,132
    You say drop shipping, information products, building websites. It’s all just action fakes focused on you. It’s a university mind set where if you turn in your assignment you get a reward. That’s not how real business is at all. I don’t see you becoming a millionaire at all with that plan - just running around in circles burning yourself out.

    Where’s the need, where’s the USP?

    Point is...don’t “drop out” of uni for the third time. If I were you I would seriously rethink and focus on the degree, or any degree you can make money - at least until you find a real direction.


    Sent from my iPhone using Tapatalk
     
  6. msufan
    Online

    msufan Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    91
    Likes Received:
    150
    Joined:
    Mar 13, 2013
    Rep Bank:
    $675
    How long until you would complete your law degree? Do you actually want to practice law?
     
  7. ACCW
    Offline

    ACCW New Contributor

    Messages:
    6
    Likes Received:
    7
    Joined:
    Jul 11, 2018
    Gender:
    Male
    Rep Bank:
    $36
    I understand. Indeed, I am not currently focused on actual entrepreneuring (as in starting businesses, building products, solving needs).

    But that's because I don't believe I have the resources (both intellectual and financial) to even start worrying about that.

    Like, I have no problem with generating ideas. I could sell courses on how to fix posture (I have overcome scoliosis and APT), because thousands of people have problems with this. Or I could sell an ebook on how to land freelancing gigs, since it seems I have had an easier time there than most people. Or I could sell my knowledge on music. Or, in a meta way, I could setup a site that rates online courses (which are becoming increasingly common).

    The problem is: I have no idea how to actually do that. Am I wrong in trying to educate myself and gain experience with execution before actually trying? Is the "what to sell" really more important than "how to sell"?

    edit:
    it's another 3 years. And no, I find it really boring. I was only going to do it for the money, but it takes far too long
     
    Last edited: Jul 11, 2018
  8. Superkid
    Offline

    Superkid New Contributor Read Millionaire Fastlane

    Messages:
    4
    Likes Received:
    6
    Joined:
    Jul 9, 2018
    Gender:
    Male
    Location:
    Up in the Air
    Rep Bank:
    $40
    Last edited: Jul 12, 2018
    Rivoli and ACCW like this.
  9. TheOrchestrator
    Offline

    TheOrchestrator Freedom Fighter Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

    Messages:
    51
    Likes Received:
    148
    Joined:
    Feb 8, 2018
    Gender:
    Male
    Location:
    Houston, TX
    Rep Bank:
    $1,384
    Hi @ACCW !

    Welcome to the forum. Have you read Unscripted yet?
     
    ACCW likes this.
  10. AfterWind
    Offline

    AfterWind Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    63
    Likes Received:
    112
    Joined:
    Jul 23, 2017
    Gender:
    Male
    Location:
    Romania
    Rep Bank:
    $568
    That's it! That's what people here mean when they say "Fill a need" (especially the one about fixing your posture).

    You probably know, but aren't you scared to fail?

    Start with something you already know about and work from there. Learning marketing through web design /copywriting/dropshipping is one of the least motivating and difficult way you could possibly take.

    I don't see you as the type of person who would be able to overcome the boringness and tediousness of it all with such low motivation. Especially when you are using the word "boring".
     
    Rivoli and ACCW like this.
  11. MJ DeMarco
    Online

    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

    Messages:
    25,855
    Likes Received:
    77,038
    Joined:
    Jul 23, 2007
    Gender:
    Male
    Location:
    Phoenix, AZ
    Rep Bank:
    $316,793
    Admin Post
    Welcome to the forum my friend!

    Sounds like money chasing to me, more so than value creation.

    Nonetheless, many of us start that way. Getting your feet wet is a great start, but at some point, you have turn the corner and stop doing stuff for the sake of making money, and do stuff for the sake of solving problems and creating value.
     
    Adeoluwa Adejumo, ACCW and Rivoli like this.
  12. ACCW
    Offline

    ACCW New Contributor

    Messages:
    6
    Likes Received:
    7
    Joined:
    Jul 11, 2018
    Gender:
    Male
    Rep Bank:
    $36
    Yeah, on hindsight I realize how foolish I sounded.

    I just feel like I'm not ready to create value yet. It doesn't matter whether or not my ideas are good if I don't have the money or skills to implement them.

    Money or skills... freelancing gives me just that. And I've just landed my third gig after only 40 days on Workana!

    Even though I have only earned 30$ so far, stacking these experiences enhances the odds of success of my future endeavors, doesn't it?
     
    AfterWind likes this.
  13. BookwormMitch
    Offline

    BookwormMitch Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

    Messages:
    389
    Likes Received:
    594
    Joined:
    Mar 8, 2014
    Gender:
    Male
    Rep Bank:
    $984
    Actually those sound like pretty good ideas.

    I need to fix my posture and I’d pay any amount.

    I almost bought a “upright” trainer from a Facebook ad but it seems like it’s not a good product judging by reviews. So there’s a need there to fill, create one that works
     
    ACCW likes this.

Share This Page