The best decision you ever made ?

[SwissTuxedo]

To everyone out there,

What is the single best decision you have ever made related to business?

Was it starting a business with your high school buddy? Or creating a blog that now serves as your primary source of income? Or was it just a commitment that you made to yourself that you would never stop learning/growing & taking action until you reached all your financial goals?

I'm interested in knowing what everyone owes part of their success to. I understand that hard work & consistency are part of the formula of success but were there not some decisions (seemingly unimportant back then) that you made that dramatically changed the outcome of your life as an entrepreneur?

Thanks.

 

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[Envision]

Bought a duplex and rented out the other side when I was 20. Now im 22, i dont pay rent and other people pay me to live for free.

Started learning about online business when I was 17/18, now im making a legitimate income from working at it for so long and starting to understand it.

Started working out when i was 14 - taught me the discipline/work ethic I needed to create the physique I wanted that directly applies to building a business.

Reading and learning consistently from people who have been there before me. TMF is a great example, led me to the summit, led me to people that have helped me a ton.

Finding a mentor who literally broke it all down for me, showed me where i was being stupid, and pointed me in a direction to succeed and continues to teach me.

No bs either, buying the INSIDERS subscription. Theres a couple threads in there that are literally a blue print that you can follow and adopt to your process (not copy) that help a TON

 

[MJ DeMarco]

Bought a duplex and rented out the other side when I was 20. Now im 22, i dont pay rent and other people pay me to live for free.

Boom!

 

[TonyStark]

Bought a Mac.

 

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[SwissTuxedo]

Bought a Mac.

Started laughing when I read your post then looked at your profile picture.

LOL

 

[TonyStark]

Started laughing when I read your post then looked at your profile picture.

LOL

Ok?

 

[Nik Krohn]

One of the best business decisions I ever made was purchasing a product line that was fully patented with a large social following and email list. I essentially shifted from selling services (sorry this will keep you on the slow lane) to selling a product online 24/7/365. I had always sold other peoples products and services by doing marketing for them. Now I do marketing for MYSELF.

Its been 6 months since I made the change and the $/hr is WAY better then when I was doing 20k/mo doing services for other with no time.

 

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[jon.a]

Stealing Mrs jon from her ex

 

[G-Man]

Stealing Mrs jon from her ex

Boom!

Cold.

 

[TKDTyler]

Stealing Mrs jon from her ex

I don't recall seeing a progress thread for this venture...

I'm sure there is some gold somewhere in that story.

 

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[G-Man]

I don't recall seeing a progress thread for this venture...

I'm sure there is some gold somewhere in that story.

Gonna need a step by step guide for that.

 

[TKDTyler]

Gonna need a step by step guide for that.

Do you know if he mentors?

 

[jon.a]

I'm sure there is some gold somewhere in that story.

yup

 

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[TonyStark]

Fastlane Dating

 

[MoreVolume]

Taking my business idea seriously. Last June I dedicated my time to reading books and planning for this business. I officially kicked things off in Feb and I recently regained my starting expenses. My life is changing for the better. I can feel myself reaching "I don't give a f***" mode. The good one

 

[TKDTyler]

yup

I'll buy you a beer (or twelve) at the next fastlane summit

 

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[jon.a]

I'll buy you a beer (or twelve) at the next fastlane summit

I can't drink

 

[SteveO]

Mine was to quit one of the most secure jobs with one of the most secure companies. I worked at HP and was working my way through the management ranks. Everyone thought I was a fool to leave that job.

 

[HelpingOthers]

Getting clean and sober. My life is transforming beyond belief!


Sent from my iPhone using Tapatalk

 

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[Young-Gun]

I'm turning 30 in 4 days.

Hard to pick the best decisions of my life but I'll give a few that seem to me like they qualify.
(These all relate directly to my business / entrepreneurship even if they don't seem like it):

• Dedicating myself to Classical Piano in college (when friends & family thought it was insane.)
  
• Starting my Tutoring Biz (when friends & family thought it was insane.)
• Learning to ride motorcycles (when friends & family thought it was insane.)
• Riding a 33-year-old motorcycle from Austin to NYC, to meet the girl who broke my heart (this was insane).
• Opening my first physical office (this felt insane and terrifying). Likewise for hiring my first part-time employee.
• Learning to appreciate my parents and stay on good terms with them (they used to drive me insane.)
• Starting my SaaS company in 2017 (when I thought I was going insane.)

Notice any trend????

 

[rollerskates]

Deciding to go my own route. The first and most important step of the entrepreneurial journey is deciding to do it.

 

[Chopwood]

1. Applying and getting a job with Andersen Consulting (now Accenture) out of school. Big 5 consulting world is grad school on steriods with a paycheck. Since then I have been with a 2 small consulting companies and most recently KPMG. Invaluable skill sets for entrepreneur world.
2. Buying a multi million $ retail business in a mountain town I love, which in turn I had to sell at a major loss during the banking crises
3. Getting back into the retail game, learning from past lessons.

Having grit, living life to the fullest while continuing to move forward learning from challenges (some call failures). Calculated risks. Expanding your hobby/passions to coincide with business life. Have passion. Show up. Take notes, always take notes (mentally, physically, however). Pay attention.

 

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[Ravens_Shadow]

Taking @Vigilante's advice and just getting shit done. No excuses, no bullshit. Took me 2 years to get to that point, but I'm still well on my journey.

 

[daru]

Becoming a father.

Changing my life through books.

Mindset by Carol Dweck that thought me a I have a static mindset but that I could change it to a growth mindset.
The Millionaire Fastlane and Early Retirement Extreme that thought me there are ways out of the rat race.
Give and Take by Adam Grant that thought me that one can be successfull by giving.
A guide to the good life - the Ancient Art of Stoic Joy by Villiam Irvine and Antifragile by Nassim Taleb but I dont know why..

 

[loop101]

Not getting married.

 

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[Andy Black]

Decided to learn how to build websites by helping an out of work electrician instead of taking a web design course.


This was the key turning point for me in many ways:

1) It got me out of IT contracting which was 100% slowlane, and into something that showed me almost immediately how I could divorce my time from income.

2) I "fluked" my way out of the slowlane learning loop and straight into the "do whatever it takes to add value (aka help someone)" mindset.

3) It taught me that you don't need to be an "expert" to say "Yes" and help someone, and get paid.

4) It's helped me gain a particular skillset that businesses are prepared to pay for.



Here's the main takeaway:

• You don't need to be an expert

You can hear the full story here:

• Notable! - The biggest reason websites suck

 

[wade1mil]

Making the decision to commit to one business idea for a year.

 

[TonyStark]

Getting clean and sober. My life is transforming beyond belief!


Sent from my iPhone using Tapatalk

This

 

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[Longinus]

Paying for solid mentorship instead of dabbling and losing money for more years.

 

[MJ DeMarco]

The best decision you ever made ?

I went to secret meeting with a secret purpose at a hotel offered by a stranger on the internet.

Dang it, just kidding.

Easy question for me... moving to Phoenix from Chicago. The sunshine changed everything.