Hello
I am new to the forum and this is my first intro post.
My Story with the FastLane Millionaire:
Around 2016 I came across with this book and and when I read it I though It was really good, it blew my mind and I loved your story of how a guy went from nothing to rich , also the tales of how he created the business and how he used technology to his entrepreunerial purposes, but all in all it was just another book since at the time I wasnt polluted with these SlowLaner mentality.
The time passed and when I started to have a stable job and earning my own money I was always interested on how to get the money "work for you" , so I started getting deep into the investing world, youtube videos, forums, courses, starting analyzing companies and hearing all theses nonsense (that I would later find out on MJs blog about 33 year old "finacially free" parody post ) about how 100 dollars invested now would be "x" in 30 damn years and all these financial slavery.
I really started to have this cheap rat mentality of saving as much as I could , saving some misery dollars because a big mac isnt worth the power of compound interest, wasting mindless hours of my freetime reading the enterprises financial statements , balance sheets , dividend safety and so on.....
On the other hand the rest of people (normal people / sidewalkers) were having the best of their lives, but I didnt care because I had "my plan", digillently work , save and invest for 20 years straight , so at 45 years old I could finally "live" and retire , living nothing, experiencing nothing just like "Joe The Frugal".
At this point of my life I was really thinking if all of this was really worth it.
Then I started to think about the guys who were really making money , the guys that created empires from scracht , those who had companies trading in Wall Street , I was wasting all my time and energy analysing other peoples business ( instead of creating my own project).
I started to wake up , but not completely , this year I decided to re-read the book The Millionaire Fastlane and NOW it all resonated a lot more in my head than it did years ago , especially with this "get rich slow" (on a wheelchair) vs getting rich fast, and how you should invest in your own business, to have control over it and how not to let Wall Street guide your life and use dividend investing for income once you are rich after a big exit and not to create wealth.
So in consequence with my new way of thinking I just sold all my stocks and materialised it in cash , I got like around 10K Eurs wich I want to retire from my brokerage account, I am going to use like half for a second hand car (I really need it to get around and not depend on others) and the other half is going to go to fund my entrepreneurial project/ possible business.
Currently I just found a mentor who is where I want to be in the future, really knows about his industry and had succes with his brand (not the ones that "teaches you" how to make money being broke themselves) , and doing his course , learning ,thinking about the niche I will be targeting and try to validate it or pivot to a new one.
I know this is most likely going to fail but I am just excited to interact with the problems and hurdles of trying to do it in real life instead of especulating about "how would have been if"and of course what can I learn about it for the next time.
And to finish I just want to say a big Thank You to MJ DeMarco for changing my mind and the paradigm shift that I really needed it in my life.
Best Regards.
I am new to the forum and this is my first intro post.
My Story with the FastLane Millionaire:
Around 2016 I came across with this book and and when I read it I though It was really good, it blew my mind and I loved your story of how a guy went from nothing to rich , also the tales of how he created the business and how he used technology to his entrepreunerial purposes, but all in all it was just another book since at the time I wasnt polluted with these SlowLaner mentality.
The time passed and when I started to have a stable job and earning my own money I was always interested on how to get the money "work for you" , so I started getting deep into the investing world, youtube videos, forums, courses, starting analyzing companies and hearing all theses nonsense (that I would later find out on MJs blog about 33 year old "finacially free" parody post ) about how 100 dollars invested now would be "x" in 30 damn years and all these financial slavery.
I really started to have this cheap rat mentality of saving as much as I could , saving some misery dollars because a big mac isnt worth the power of compound interest, wasting mindless hours of my freetime reading the enterprises financial statements , balance sheets , dividend safety and so on.....
On the other hand the rest of people (normal people / sidewalkers) were having the best of their lives, but I didnt care because I had "my plan", digillently work , save and invest for 20 years straight , so at 45 years old I could finally "live" and retire , living nothing, experiencing nothing just like "Joe The Frugal".
At this point of my life I was really thinking if all of this was really worth it.
Then I started to think about the guys who were really making money , the guys that created empires from scracht , those who had companies trading in Wall Street , I was wasting all my time and energy analysing other peoples business ( instead of creating my own project).
I started to wake up , but not completely , this year I decided to re-read the book The Millionaire Fastlane and NOW it all resonated a lot more in my head than it did years ago , especially with this "get rich slow" (on a wheelchair) vs getting rich fast, and how you should invest in your own business, to have control over it and how not to let Wall Street guide your life and use dividend investing for income once you are rich after a big exit and not to create wealth.
So in consequence with my new way of thinking I just sold all my stocks and materialised it in cash , I got like around 10K Eurs wich I want to retire from my brokerage account, I am going to use like half for a second hand car (I really need it to get around and not depend on others) and the other half is going to go to fund my entrepreneurial project/ possible business.
Currently I just found a mentor who is where I want to be in the future, really knows about his industry and had succes with his brand (not the ones that "teaches you" how to make money being broke themselves) , and doing his course , learning ,thinking about the niche I will be targeting and try to validate it or pivot to a new one.
I know this is most likely going to fail but I am just excited to interact with the problems and hurdles of trying to do it in real life instead of especulating about "how would have been if"and of course what can I learn about it for the next time.
And to finish I just want to say a big Thank You to MJ DeMarco for changing my mind and the paradigm shift that I really needed it in my life.
Best Regards.
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