I noticed that here are people on this forum who go slowline to fastlane by growing their slowlane businesses and eventually making a lot of money. And there are people who's success stories come from their side-projects, like MJ DeMarco's Limousine website while he was working and then freelancing.
So interesting to see what are people opinions on this.
Slowlane TO → fastlane - growing slowlane business, like web design freelancing to an agency, which can turn out to be less risky and possibly slower to grow than a product, but still make $30k+/mo of pure profits within ±5 years and be possible to exit in ±5-10 years. It would be also harder and less interesting to work on it than on fastlane business.
Slowlane AND + fastlane - working on a slowlane business, like freelancing, which takes most of your time, and slowly building a fastlane business on the side. Like an internet product / SaaS, which may take a year or few to build and grow and may still not succeed and finally loose you time and money. But with a chance of 1 of 100, it can succeed within year or few and get you out of freelancing allowing you to fully focus on it, making $30k+/mo and rapidily growing, and where you eventually can exit to 7-8 figures within 5-10 years.
So interesting to see what are people opinions on this.
Slowlane TO → fastlane - growing slowlane business, like web design freelancing to an agency, which can turn out to be less risky and possibly slower to grow than a product, but still make $30k+/mo of pure profits within ±5 years and be possible to exit in ±5-10 years. It would be also harder and less interesting to work on it than on fastlane business.
Slowlane AND + fastlane - working on a slowlane business, like freelancing, which takes most of your time, and slowly building a fastlane business on the side. Like an internet product / SaaS, which may take a year or few to build and grow and may still not succeed and finally loose you time and money. But with a chance of 1 of 100, it can succeed within year or few and get you out of freelancing allowing you to fully focus on it, making $30k+/mo and rapidily growing, and where you eventually can exit to 7-8 figures within 5-10 years.
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