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MJ DeMarco
I followed the science; all I found was money.
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Eric,
As others have stated, you have to do what feels right for you. My opinion is a clear as day: Start an IT business. However, I'd go one step further and cojoin your IT business with a website business itself.
As an IT engineer, you have incredible wealth building power, so much, it is mind boggling. You see as a developer, you have the power to BUILD ASSETS at a very cheap cost. Those assets are web properties. Web properties have FASTLANE power to generate wealth.
Think back to your Rich Dad book and what RK was preaching ... real estate and lots of it. The problem therein is you can't just go buy a piece of land, and start building. It costs money. It requires skill. It takes time. The barriers to entry on real estate investment is not entirely easy. Conversely, your barriers to entry in the website property business is virtually non-existent since you possess the major barrier: Development time and skill.
Fastlane is about developing assets that build wealth -- real estate is a vehicle. So are website properties. You already possess the power to create a major asset group- you need no money, no hammers, no land, no nails, no contractors, nothing but your brain, your ideas and your skill.
With that said, here is what I'd do:
SHORT TERM PLAN (Slowlane, pays bills, consumes your time)
1) Start freelancing - post your skills (your company) on all the freelancing sites that match your competency area. Elance.com is a great start, but there are many others. The Freelancing gigs will help pay the bills -- you gotta keep your family fed! Focus on IT development for small business; again, to pay the bills.
LONG TERM PLAN (Fastlane, generates wealth, grows exponentially)
1) Start looking for a need that can be filled via the web.
2) Develop a website and fill that need - ensure to attach a revenue model that can be sustained and is viable.
3) Grow the business
4) Sell equity or sell entirely
Obviously, the Long-Term plan can get quite complicated. However, this is what I'd do -- the power you have in your skill is immense -- don't let it go to waste. Start creating ASSETS!
Keep us posted!
MJ:smx1:
As others have stated, you have to do what feels right for you. My opinion is a clear as day: Start an IT business. However, I'd go one step further and cojoin your IT business with a website business itself.
As an IT engineer, you have incredible wealth building power, so much, it is mind boggling. You see as a developer, you have the power to BUILD ASSETS at a very cheap cost. Those assets are web properties. Web properties have FASTLANE power to generate wealth.
Think back to your Rich Dad book and what RK was preaching ... real estate and lots of it. The problem therein is you can't just go buy a piece of land, and start building. It costs money. It requires skill. It takes time. The barriers to entry on real estate investment is not entirely easy. Conversely, your barriers to entry in the website property business is virtually non-existent since you possess the major barrier: Development time and skill.
Fastlane is about developing assets that build wealth -- real estate is a vehicle. So are website properties. You already possess the power to create a major asset group- you need no money, no hammers, no land, no nails, no contractors, nothing but your brain, your ideas and your skill.
With that said, here is what I'd do:
SHORT TERM PLAN (Slowlane, pays bills, consumes your time)
1) Start freelancing - post your skills (your company) on all the freelancing sites that match your competency area. Elance.com is a great start, but there are many others. The Freelancing gigs will help pay the bills -- you gotta keep your family fed! Focus on IT development for small business; again, to pay the bills.
LONG TERM PLAN (Fastlane, generates wealth, grows exponentially)
1) Start looking for a need that can be filled via the web.
2) Develop a website and fill that need - ensure to attach a revenue model that can be sustained and is viable.
3) Grow the business
4) Sell equity or sell entirely
Obviously, the Long-Term plan can get quite complicated. However, this is what I'd do -- the power you have in your skill is immense -- don't let it go to waste. Start creating ASSETS!
Keep us posted!
MJ:smx1:
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