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Vent about the fastlane formula

Saad Khan

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The problem I have is that I'm basing my happiness on conditions. I feel like I won't be happy to my maximum potential without wealth. And I say that because there's a lot of things I want in life that require f*ck loads of money to afford. I essentially want to get to a point where I feel like I have an endless amount of money, where I can spend on and on and on again and never run out of money. The problem with that is that's not really realistic. Because that's just not rich, that's filthy stinking Rich. As rich as how these guys live:
View: https://youtu.be/qXBB9NQzAxE


If it's already hard enough to get rich, to get super filthy stinking rich must be even more on STEROIDS.

Basically this is what I want in my life: nice house, nice car, private jets, yachts, near endless amount of money and time to spend. That's my fantasy. But am I prepared to do the work to be filthy stinking rich? No, because that would take twice as long as it'd typically take for someone to become rich, but not filthy stinking Rich. And why do I have these desires? Because I know that it's possible to get rich. Before I was exposed to all of the Fastlane shit I wasn't thinking about living lavishly, I was thinking but how to have a decent living because I was subconsciously convinced that being rich was unattainable for me... Until I was exposed to the fastlane. The fastlane created this insatiable lust I have to reach that level of wealth. However because I cannot completely control the outcome of that, I will have to settle with whatever outcome I get with the fastlane. If I get a 100 million exit despite wanting a 10 billion dollar exit, then I'll have to settle for less and just accept that. Otherwise I'll spend my whole life attaining such an outlandish goal.
@Metz, you can answer this one.

You haven't even started the journey, yet you're complaining. If you really want to make billions, sell high value items in bulk like Tesla.
 
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Saad Khan

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I'm not complaining. I'm being transparent about how I'm thinking. I acknowledge fully that such a frame of thinking is outlandish.
Not trying to bash you, but think about it. You don't know what you REALLY want right now.

Stop taking society's word for wealth. It's intoxicating, poisonous.
 
D

DeletedUser84644

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Not trying to bash you, but think about it. You don't know what you REALLY want right now.

Stop taking society's word for wealth. It's intoxicating, poisonous.
Yeah, I have a ton of conflicting desires. I guess I'll stick to the program and see what my 25 year old self thinks about all of this. We'll see how I feel about it when I achieve Fastlane success I guess. Even if I'm not 100% happy with the outcome, I won't regret taking a path that frees from doing things I don't want to do. I'll accept the outcome that I get and make the best of it.
 
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G

Guest-5ty5s4

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Why would you complain about being worth $10 million vs $100 million if right now you aren’t even worth $1 million?
It’s a stupid topic.

Take action and make progress.

Stop focusing on fantasies and outcomes and focus on making progress, or you won’t ever get anywhere.
 

Saad Khan

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Yeah, I have a ton of conflicting desires. I guess I'll stick to the program and see what my 25 year old self thinks about all of this. We'll see how I feel about it when I achieve Fastlane success I guess. Even if I'm not 100% happy with the outcome, I won't regret taking a path that frees from doing things I don't want to do. I'll accept the outcome that I get and make the best of it.
Choose your mentors wisely. Society or Fastlaners.

Your choice.
 
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npsome

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Warning: this is a criticism of the fastlane that will sound like I'm being a slowlaner retard and challenging some of what is being preached about it. If you are disgusted by things like that then please do not read this post or make non constructive counter arguments against what I'm saying. My only intention is to get feedback from people who are open to criticisms against what they believe in so that they can educate me on any misunderstandings I may have of it. I am in no way shape or form saying that not of what it says isn't true, but what I am critiquing is how the message is being made.

With that out of the way; The fastlane is not as fastlane as it's being preached to be and here's why: You have a very good chance of failing (90%), especially for people who have never ran or built a business that's worth millions, billions, or in some cases, trillions of dollars. Even more so for the vast majority of people who have been taught to think and be employees all their lifes. Those who succeed on their first try in entrepreneurship are the exception, regardless of what skills or resources they've had at the time. And that success comes with a lot of painful sacrifice, hardship, and time (A lot of time for the ones who had to fail multiple times). Which works exactly as how it should because not everyone can be rich, and the immense difficulty that comes with trying to achieve such goal is why there are so few people that are rich. But here's the problem, there's one precious asset that you have to be prepared to sacrifice a lot of that's the most painful one to sacrifice, and that is time. The fastlane is sold as you being able to get out of the rat race in not so many years if you pursue entrepreneurship, in 10 years or less, except that's not really how it works in reality because it assumes succeeding on the first try, it also assumes that the business venture you choose can be scaled to a meaningful exit in less than that time as well. And the ones that do succeed tend to be in their forties or older according to this Age and High-Growth Entrepreneurship - American Economic Association

So it's objectively clear that your odds of actually attaining true wealth doesn't happen until you're a lot older, in terms of probability if you're starting at a very young age (Late teens or early twenties). The fastlane works best for people who are middle age, not young or old people. Now even if people didn't do the fastlane, odds are, they're likely to be in the top 10% in their middle age (From their job). So what does this all mean? It's not as fast as it's being preached for young people. Hell just look at MJ's case, he had to fail several times in order to get there, while he was still young when he finally did get there at the age of 33, that's not as young as being in your twenties with wealth like the guy in MJ's wealth exposed story. So really this makes a young person like me wonder what's the point of even trying to get rich if in the end you won't end up having it while young anyway? You may as well just not pursue it with too much seriousness. Yes financial freedom should be strived for, but not to the point where you're constantly going through a ton of misery and suffering to get there to only realize that you've pissed away most or all of your youth to have freedom. While that's great at first, but in retrospect it will make you miserable and unhappy, and utterly regretful of what you had to sacrifice to get there. You'll have wished you spent more time enjoying life and not so much of it in being in a constant miserable grind. Even if you're a passionate Elon Musk you'll still be miserable. In conclusion this completely disproves the sold notion that you can have wealth at a young age in not so much time when in reality the average rich person got rich a lot later in life, simply because most young people do not have what it takes to succeed in business due to lack of experience and knowledge, it's the exception, not the rule. Doing so makes you a unicorn. MJ does mean well with what he preaches, but he is factually wrong to suggest that you can just get rich on the whim like that. No matter what methodology you use to get rich, it takes a lot of time. The "fastlane" granted is a lot faster than the stock market, but it's not as fast as it's being incorrectly preached. So in the end the fastlane is worth a try but only for so much and so long, otherwise it will break you.

Yeah, I have a ton of conflicting desires. I guess I'll stick to the program and see what my 25 year old self thinks about all of this. We'll see how I feel about it when I achieve Fastlane success I guess. Even if I'm not 100% happy with the outcome, I won't regret taking a path that frees from doing things I don't want to do. I'll accept the outcome that I get and make the best of it.

First off, it took a lot of courage for you to post your message and thoughts, so I commend you for that. I am new to the forum and still figuring out my approach, however, MJs message truly resonates with me. I think one suggestion for you is to probably re-read his books and reflect. I think his message of focusing on the process (learning, trial and error) v/s an event (getting rich) is critical. I can tell you as an older person :) the worst thing your older self will feel is if you don't take some risk when you are young, healthy and have a ton of energy. Also you have lower risk compared to once you are settled down with kids. You can always get a job if you fail in business but its harder to start a business once you are in a steady paying job and have family commitments. Not impossible but harder. In the end you can be happy either way as long as you know the path you're taking and don't have false expectations. Example, there are so many teachers who love teaching and really don't care about getting rich. They are making a difference everyday so as long as they don't have false expectations about lifestyle and live within means, they are happy and fulfilled.
 
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Metz

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The problem I have is that I'm basing my happiness on conditions. I feel like I won't be happy to my maximum potential without wealth. And I say that because there's a lot of things I want in life that require f*ck loads of money to afford. I essentially want to get to a point where I feel like I have an endless amount of money, where I can spend on and on and on again and never run out of money. The problem with that is that's not really realistic. Because that's just not rich, that's filthy stinking Rich. As rich as how these guys live:
View: https://youtu.be/qXBB9NQzAxE


If it's already hard enough to get rich, to get super filthy stinking rich must be even more on STEROIDS.

Basically this is what I want in my life: nice house, nice car, private jets, yachts, near endless amount of money and time to spend. That's my fantasy. But am I prepared to do the work to be filthy stinking rich? No, because that would take twice as long as it'd typically take for someone to become rich, but not filthy stinking Rich. And why do I have these desires? Because I know that it's possible to get rich. Before I was exposed to all of the Fastlane shit I wasn't thinking about living lavishly, I was thinking but how to have a decent living because I was subconsciously convinced that being rich was unattainable for me... Until I was exposed to the fastlane. The fastlane created this insatiable lust I have to reach that level of wealth. However because I cannot completely control the outcome of that, I will have to settle with whatever outcome I get with the fastlane. If I get a 100 million exit despite wanting a 10 billion dollar exit, then I'll have to settle for less and just accept that. Otherwise I'll spend my whole life attaining such an outlandish goal.
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OKAY, NOW WE'RE COOKING. This we can work with.

So, hear me out, but I'd like to challenge you a little bit.

This "insatiable lust" you talk about.. we all feel it to some extent here. If we didn't feel it before reading TMF , we definitely felt it after. But speaking just for myself, you and I are a lot alike in that I want to be wealthy to the point of obsession. I want to buy a nice house in cash, have a nice car, even a yacht (and I'm not even that big into boats but having something dope like that where I can just zip up and down the west coast entertaining friends and just vibing, cool sign me up). I don't want to work for survival.. I want to make enough where I can "retire" and being smart enough that I can now work because I want to, not because I need to. I want money that makes money.. systems that no longer require my attention all the time, just making money. I can't tell you how excited I was the first morning I woke up to multiple orders on my e-commerce store because that was the first time experiencing getting paid while I was asleep. Not like waking up to a paycheck, but to transactions happening in real-time and I wasn't there for them yet still profiting off them. That was "oh geez, oh f*ck, I want more" moment for me. So I get that, I really do.

B U T.

If you wanna be a billionaire, you gotta make your first million. And before you make your first million, you gotta make your first thousand.. your first hundred, your first ten.. YOUR FIRST $1. When I started my LLC, my first client gave me a paper check that, when I deposited it, I took out two $1 bills. I framed the first one and it sits on my little "reflection nook" above my bookcase (I have a bunch of posters and momentos on there meant to remind me that it's the journey to our ideal self that matters much more than the destination, that I have a lot of power over the outcome of my life, affirming stuff like that); the second one, I gave to my client and thanked her for her faith in me because this was the first brick in the bastion of wealth I was using to get to where I wanna be.
However because I cannot completely control the outcome of that, I will have to settle with whatever outcome I get with the fastlane. If I get a 100 million exit despite wanting a 10 billion dollar exit, then I'll have to settle for less and just accept that. Otherwise I'll spend my whole life attaining such an outlandish goal.
Bruh, assuming a $100 million exit wasn't phenomenal on its own, don't look at the outcome of this current cycle as the final outcome. You know what most entrepreneurs do when they make an exit with money that they can easily retire on? They go back and start new businesses. Because of that hunger, that need to develop, to bring value to people, and the dopamine that comes from those customers recognizing your value and just throwing money at you when you do a good job.

But to keep that hunger from corrupting you -- becoming so hungry that you just chase money and will do anything to get it, even if it meant defrauding your customers, taking on crippling amounts of debt, doing a bunch of unethical, shady shit to get there -- you need to remember the importance of production vs. consumption, of giving first in order to get, in falling in love with the process. That last one is why entrepreneurs will never retire to do nothing for the rest of their lives because we're not built for that the way the scripted fantasize about. "Retirement" is crossing the line of "I don't have to work anymore if I don't want to" and I think it's safe to say that a lot of us really do love the process of working on a system, building shit, problem-solving, helping people. So much so that sitting still is painful if it's done for too long. Sure, the money's awesome when it comes flowing in -- but that's validation from our efforts trying to create. For me, I've always spurned the traditional "work until you're 65 and then retire" mentality. I'd much rather build up a nice nest egg while I'm young, take a year to dick around and do whatever, then come back and start my next project.

You mentioned wasted youth if we try to get to the fastlane. But even before I've "made it," so far in my life, I've:
  • Graduated with a degree that frankly I attained because I wanted the education, not because it'll help me with my work. Unless someone wants to explain how a B.S. in German History and Literature is gonna help me with my main business or my side hustle. I also graduated without any debt, something that haunts all my friends that partied and didn't work, taking out student loans and pissing them away to do so. Yeah, I worked full-time while being a full-time student but I don't have $50K+ in debt for a shiny piece of paper.
  • Got my first-degree black belt in Tae Kwon Do. Trained for 2 hours for 3-4 days a week not including the time spent training outside of class. When I got my black belt, I had the highest score in a region of ten states in my "promotion class."
  • Wrote and published my first book.
  • Freelanced at 20, became self-employed at 22 (and in between that, had a gap year from school after my grandmother passed away which threw me into a deep depression, was stuck in a miserable job working in food service, and was like f*ck this, and fought hard to never be in that position again). I think I attributed that moment as my FTE.. with another reinforcing one at the end of 2018 when I struggled again.
  • Moved from the Midwest to the Pacific Northwest-based on a coin flip. I knew I wanted a new adventure after college but couldn't decide if I wanted to move west out here or east to New England (both had a lot of aesthetic appeal to me as a writer). So I literally flipped a coin and let fate decide. Perhaps not the smartest way to invest one's future but I did it because I wanted to prove to myself that not only can I survive anywhere, but thrive too. Six years deep living in Washington state, ya boy's thriving. Not at all wealthy as he wants to be, but moving to some random place where I knew no one and didn't have the natural connections school and in-office work brings you in a state that's notoriously introverted (read: the Seattle freeze), I'm doing real good.
And this is all just on the path to my current goal of getting to $10 million to my first "retirement" (nor is it the complete list). Tell me honestly that I wasted the earlier parts of my youth. Granted, I won't listen, but you can try. Could I have solely focused on my business this whole time? Sure, but that wasn't my sole priority.. perhaps it's slowed down my progression, but it was my decision to experience other things too at the time. I don't regret that.. but I also am certain enough to know that wealth is a "when" not "if" circumstance for me, especially with the momentum I'm building up again with a lot more wisdom and skill than my early 20s.

And if you think I'm gonna stop there.. lol. That's a no. Now, do I want to be a billionaire? Eh. Maybe for like a day, but if I get to that point, I want to set up some non-profits, reinvest in causes I believe in (I'm a slut for green tech), stuff like that. But I don't really think too much about it because I'm not even a millionaire yet. Yet being the operative term.

But back to you.

In your last post, it sounds like you're finally getting a bit of an understanding of what work needs to be done.. and in order to build the life you want to live, you need to get to work. You want it fast? Good. Start now and chisel out some time each day to work on your project AND work on yourself. You can have the best system in the world but if you're kinda just shuffling around, feeling shitty about yourself, your outlook, the lack of control you might have despite the much higher degree of it you possess compared to your scripted friends.. you're just setting up obstacles to make your path more difficult. There's no nobility in self-martyrdom.

The wealthy friends I have all have said the same thing: making your first million is hard af.. but making your second million is much easier. Making money, like anything else, is a skill. The more you practice that skill, the better you get at it. Just like something as inane as going to the grocery store. When you first become an adult and need to shop for yourself, you might just buy a bunch of junk food and whatever else you desire. But then you're like.. "Oh, I should probably buy some healthier stuff.." and then you realize you need to learn how to cook, how to meal-prep, how to store things to make them last longer, how to take advantage of sales to save money, what pans to buy, whether or not a chest freezer is a good investment. You learn by doing and the more you learn, the more you realize how little you know.. but the easier the task at hand becomes.

So you wanna be a billionaire? Make Elon and Jeff look like amateurs? By all means, do it. I'm honestly rooting for you because they could stand to have some competition. But you gotta make that first $1. And the only thing stopping you from doing that right now.. frankly, is you. And if it's you that's the obstacle.. well.. you're in control of that, big guy.

If you're hungry, go eat.
 
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Ecubed

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So before I respond, I just want to recognize the absolute size one's balls have to be to start a thread like this calling out the creator of this community on the belief system he won the majority of us over with. Granted, a lot of your own mindset seems to be rife with circular logic and excuse-making though I'll also grant that if you meant what you said and you're actually trying to understand and are stuck getting to the answer most of us have found (i.e. the fastlane is about freedom), good on you. It's a mark of intelligence to hold a stance but then look for arguments that erode at it to either prove or disprove it rather than look for arguments that strengthen it, normally seeking opinion from an audience biased in your favor.

That being said, I took a bit of an issue with the above statement for a few reasons and I'll break it down piece by piece to help explain my rationale.


The fastlane is less about speed (though that is a factor) and more about control. Remember how the definition of someone walking on the sidewalk is essentially someone with no internal locus of control. These are the types that believe everything that happens to them is beyond their control: their money, success, friendships, possessions, skills, everything. They're the ones that believe that if they become wealthy, it's because it's all random -- winning the lottery, being discovered by a talent scout (if you're trying to be a musician or something), getting rich by getting in on a few meme stocks before they explode, or your start-up taking off over night. These are people who only care about the result and neglect the process.

Especially with that last one, no one seems to give a shit about the years in obscurity a successful freelancer or entrepreneur had to go through until they pop off and start really building momentum. But that's also the difference between the slow- and fastlanes; the speed in the fastlane when you start growing once you get through those initial barriers (sometimes it can take months but usually it takes years) is exceptionally quicker compared to the slowlane or sidewalk. But again, that's also the lane with the most control. While MJ uses the sidewalk, slowlane, and fastlane as devices to explain his points, speed is used as an illustration but the point is finding freedom. At least that was my interpretation of it.

So you're the oldest you've ever been at 19 so anyone five years older than you can seem much older or ought to have their lives together in a certain way or whatever. I'll grant that because of that, this has probably skewed your perception and that's okay, I was the same way. But being in your late 20s/early 30s is still really young in the grand scheme of things. And regardless if you're a fastlaner or not, most of one's 20s is just bumbling around like an overgrown toddler as we try to figure out who we are, what we want out of life, and how we'll go about getting it. Sometimes people who are successful early on crash and burn before they hit 30. Think of all the actors and musicians who got discovered in their teens, became multimillionaires before 20, and are now penniless with drug issues. Perhaps if they had a bit more wisdom, they would've handled that wealth better but who's to say (not to mention there are plenty of people who got a later start and still crashed and burned.. but I digress).

I think it's a bit unfair to compare MJ's story with the 20-something's story he mentions because everyone's journey -- whether in life or the fastlane -- is different. Some people find what clicks for them faster than others. Some people (like myself) built up momentum and were doing well, then life (and poor adaptations to it) happens and you're trying to restart again. But both of them managed to "make it" well before the usual retirement age of 65+ OR the ultimate "never" most people succumb to. Sometimes when you're younger, you have all the ingredients but poor execution.. or you've got great execution but not enough ingredients. The market's always changing, the world's always shifting, some of us adapt better than others, some of us know how to ride those waves better than others. But just like I said before, once it clicks, it clicks. And if you want it to click faster, you gotta hustle it out a lot more and be observant as f*ck, analyzing what's working and what's not. And if you're not going as fast as you'd like, find the roadblocks and clear them. But no matter what vehicle or system you choose to generate wealth, you will never get into the fastlane if you don't try and strive to improve on it. That last part is the rub; people expect to try once and then if it doesn't work out, "f*ck it, this isn't for me."

Again, it's about control and accepting that while there's plenty of bullshit life throws at you, it's your reaction that matters. Are you going to let those factors beat you down or stand up and keep pressing towards your goal? That's what separates the fastlaners from the rest: they understand the only true failure is giving up.

This is a very bold claim from someone who has yet to start their entrepreneurial journey. I don't know how you can make such a confident assertion "in retrospect" when you do not have that experience to look back on. But let's talk about misery and suffering for a second and the idea that the trial-and-error of entrepreneurship is "pissing away all your youth to have freedom."

So I'm not nearly as wealthy as I'd like to be so I'm not claiming to have "made it." I got a ways to go but I can feel it in my bones that I'm closer now more than ever (and that's been after years of fiddle f*cking around with the systems I've been building and finally everything's really starting to click). I was in a fraternity in college, a full-time student, AND I worked full-time AND was dabbling in different little side gigs (I got my first contracts as a freelance writer when I was 20). A lot of my friends worked part-time if at all, partied, and took on loans to go to school.. they'd want me to hang out all the time, go to the bars, get stoned, play video games. And sometimes, being young and wanting to enjoy time with my friends, I'd indulge them. But 95% of the time I was either working on my degree, learning new skills, or trying to make my freelance career work.

A few months before my 23rd birthday, I was finally making enough money to be self-employed. A lot of people tried to dissuade me from my path ("you work too much," "lol it's kinda cute you think you'll be successful as a writer," even my own mother would tell me I'd be more successful working at Walmart) but I didn't listen. Between there and when I turned 26, I either doubled or more than doubled my income year-over-year (26-28 was a bunch of stumbling what with depression and poor adaptations but like I said, that's also a part of the game.. success is almost never a straight trajectory). My critics started shutting up after realizing that even on a very modest salary when I began, I got to work from home and with the people/companies I wanted to, I structured my day as I wanted to, I didn't have to worry about commuting or exchanging five days of my life for two drunken, miserable ones to cope with the other five, and that I didn't have to prostrate myself to a middle manager to get a 1% raise. And even though, revenue-wise, I'm not doing as well as what I was a few years ago, I still have all that freedom that my 9-to-5 friends complain to me about how badly they want.

To me (and perhaps a lot of others on this forum), it's not the building of an entrepreneurial system that's miserable but the wageslavery of modern life. It's depressing to think of trading your life's time for fixed amount of pay (like an hourly wage) and being reliant on that sole source of income. A lot of people woke up to how even their salaried jobs can be ripped out from under them what with COVID. All of a sudden what was "safe" and "made sense" and "the right decision" became none of those things. And guess who all my friends and family who struggled came crawling to? The very person they judged, made fun of, and looked down upon because he didn't "spend his youth" the way they wanted me to. And I'm not even 30 yet lol I still got plenty of time.

But again, this is a core premise of the book (and if you look at other really high-quality books on entrepreneurship and building wealth, they say the same thing). It's not about the money, it's about the process. You cannot have wealth without a process to produce value (MJ's argument on production vs. consumption deficits), ideally for as many people as possible (MJ's explanation of scale and magnitude). You cannot get without giving. Yeah, sometimes the process sucks.. a lot of it is spent in frustration trying to solve the problems that crop up. BUT IF YOU DO NOT LOVE THE PROCESS OF CREATING VALUE, NO MATTER ITS UPS AND DOWNS, YOU WILL NEVER BECOME WEALTHY BY YOUR OWN CONTROL.

You gotta take ownership of your life, bud. What terrifies you more: being trapped in the mold society builds for you and encourages you to live a mediocre life only being given the minimum to keep you from revolting.. or trying to forge your own path and that, despite its hardships, you will ultimately find more pleasure, freedom, and fulfillment on the other side? If the choice isn't obvious yet, I encourage you to really do some soul searching, not just for why you're in this community (unless to just troll and judge us -- which I can guarantee you, we've all dealt with it from people much closer to us) but what you want out of life.

But like other people have said, regardless of money, if you're miserable now, you're gonna be miserable regardless of how many commas are in your bank statement. And you gotta dive deep and get really uncomfortable to shift that paradigm. But I suppose that's whether or not you actually want to do the work or just have it handed to you. I hope you're the kind of guy that prefers the former.
I always knew I wanted more in my life. My family life as a youth was tumultuous with abuse and lack of resources. We were white trash. Well, I was the step headed Mexican that took care of the house and siblings so I felt even more poor than them. I use to day dream about inventing something, designing clothes, becoming a celebrity or just plain being rich. I never had a plan. I was raised in a environment where we expected hand outs. Hell, we deserved them because others can afford it. Living off welfare and donations my whole life was embarrassing but I see now more than ever that it was truly embarrassing not because of the welfare part but because of my parents attitude toward it. As if the world owed them when they never worked hard for any type of advancement or improvement in their lives. It's disgusting because small parts of this entitlement has creeped into my life and I've been expecting something for nothing all these years.
I just tuned 37 and I bartended at a club for years. Years. When I first started in my early 20's, let me tell you, youth and money go hand in hand in that business. However, I still never gained experience. Not the experience to be a successful free individual. Freedom is key.
I remember being at my ex boyfriend's house up in the beautiful hills of Tucson, Az. At the time he had just bought the most expensive home in that area. We we're going to be getting ready to leave for Vegas on his private jet and I was killing time in the pool looking out over the city. I distinctly remember saying nothing last forever (I had already resolved to myself that Mike would eventually move on. It was a way to guard my feelings) but then I said out loud, "but I'm here now!" Instant gratification. I didn't care about tomorrow, next month, year or decade. And now it's a decade later and I'm exactly where I was then before that scene. I say this because he gave me anything I wanted, offered money to open a store, pay for school, shit, gave me money not to work. I don't say these things to excite jealousy but to show how wasteful I was without any plans. Again, I always knew I wanted a better life but what was I putting into action to obtain that reality. Even with meeting Mike, I was exactly like my parents. Back then, I had the mentality that I deserved what I recieved because I had a horrible childhood and I deserve to live NOW as I want.
I've had lots of money as a youngster. (I still think I'm young thank you) I've had countless opportunities to build myself up to where I want to be and guess what. I squandered all of them. And so I forge forward because opportunities will come again but this time I have experience and a plan.
To anyone out there thinking you're squandering your youth to be where you want to be at my age, think again. Please think again. You're head isn't even on right in your 20's and I know how I sound because I heard it all when I was that age. But true secret, we're all having so much more fun in our 30's and 40's and it came with experience, failures, and success from all walks of life.
 

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OKAY, NOW WE'RE COOKING. This we can work with.

So, hear me out, but I'd like to challenge you a little bit.

This "insatiable lust" you talk about.. we all feel it to some extent here. If we didn't feel it before reading TMF , we definitely felt it after. But speaking just for myself, you and I are a lot alike in that I want to be wealthy to the point of obsession. I want to buy a nice house in cash, have a nice car, even a yacht (and I'm not even that big into boats but having something dope like that where I can just zip up and down the west coast entertaining friends and just vibing, cool sign me up). I don't want to work for survival.. I want to make enough where I can "retire" and being smart enough that I can now work because I want to, not because I need to. I want money that makes money.. systems that no longer require my attention all the time, just making money. I can't tell you how excited I was the first morning I woke up to multiple orders on my e-commerce store because that was the first time experiencing getting paid while I was asleep. Not like waking up to a paycheck, but to transactions happening in real-time and I wasn't there for them yet still profiting off them. That was "oh geez, oh f*ck, I want more" moment for me. So I get that, I really do.

B U T.

If you wanna be a billionaire, you gotta make your first million. And before you make your first million, you gotta make your first thousand.. your first hundred, your first ten.. YOUR FIRST $1. When I started my LLC, my first client gave me a paper check that, when I deposited it, I took out two $1 bills. I framed the first one and it sits on my little "reflection nook" above my bookcase (I have a bunch of posters and momentos on there meant to remind me that it's the journey to our ideal self that matters much more than the destination, that I have a lot of power over the outcome of my life, affirming stuff like that); the second one, I gave to my client and thanked her for her faith in me because this was the first brick in the bastion of wealth I was using to get to where I wanna be.

Bruh, assuming a $100 million exit wasn't phenomenal on its own, don't look at the outcome of this current cycle as the final outcome. You know what most entrepreneurs do when they make an exit with money that they can easily retire on? They go back and start new businesses. Because of that hunger, that need to develop, to bring value to people, and the dopamine that comes from those customers recognizing your value and just throwing money at you when you do a good job.

But to keep that hunger from corrupting you -- becoming so hungry that you just chase money and will do anything to get it, even if it meant defrauding your customers, taking on crippling amounts of debt, doing a bunch of unethical, shady shit to get there -- you need to remember the importance of production vs. consumption, of giving first in order to get, in falling in love with the process. That last one is why entrepreneurs will never retire to do nothing for the rest of their lives because we're not built for that the way the scripted fantasize about. "Retirement" is crossing the line of "I don't have to work anymore if I don't want to" and I think it's safe to say that a lot of us really do love the process of working on a system, building shit, problem-solving, helping people. So much so that sitting still is painful if it's done for too long. Sure, the money's awesome when it comes flowing in -- but that's validation from our efforts trying to create. For me, I've always spurned the traditional "work until you're 65 and then retire" mentality. I'd much rather build up a nice nest egg while I'm young, take a year to dick around and do whatever, then come back and start my next project.

You mentioned wasted youth if we try to get to the fastlane. But even before I've "made it," so far in my life, I've:
  • Graduated with a degree that frankly I attained because I wanted the education, not because it'll help me with my work. Unless someone wants to explain how a B.S. in German History and Literature is gonna help me with my main business or my side hustle. I also graduated without any debt, something that haunts all my friends that partied and didn't work, taking out student loans and pissing them away to do so. Yeah, I worked full-time while being a full-time student but I don't have $50K+ in debt for a shiny piece of paper.
  • Got my first-degree black belt in Tae Kwon Do. Trained for 2 hours for 3-4 days a week not including the time spent training outside of class. When I got my black belt, I had the highest score in a region of ten states in my "promotion class."
  • Wrote and published my first book.
  • Freelanced at 20, became self-employed at 22 (and in between that, had a gap year from school after my grandmother passed away which threw me into a deep depression, was stuck in a miserable job working in food service, and was like f*ck this, and fought hard to never be in that position again). I think I attributed that moment as my FTE.. with another reinforcing one at the end of 2018 when I struggled again.
  • Moved from the Midwest to the Pacific Northwest-based on a coin flip. I knew I wanted a new adventure after college but couldn't decide if I wanted to move west out here or east to New England (both had a lot of aesthetic appeal to me as a writer). So I literally flipped a coin and let fate decide. Perhaps not the smartest way to invest one's future but I did it because I wanted to prove to myself that not only can I survive anywhere, but thrive too. Six years deep living in Washington state, ya boy's thriving. Not at all wealthy as he wants to be, but moving to some random place where I knew no one and didn't have the natural connections school and in-office work brings you in a state that's notoriously introverted (read: the Seattle freeze), I'm doing real good.
And this is all just on the path to my current goal of getting to $10 million to my first "retirement" (nor is it the complete list). Tell me honestly that I wasted the earlier parts of my youth. Granted, I won't listen, but you can try. Could I have solely focused on my business this whole time? Sure, but that wasn't my sole priority.. perhaps it's slowed down my progression, but it was my decision to experience other things too at the time. I don't regret that.. but I also am certain enough to know that wealth is a "when" not "if" circumstance for me, especially with the momentum I'm building up again with a lot more wisdom and skill than my early 20s.

And if you think I'm gonna stop there.. lol. That's a no. Now, do I want to be a billionaire? Eh. Maybe for like a day, but if I get to that point, I want to set up some non-profits, reinvest in causes I believe in (I'm a slut for green tech), stuff like that. But I don't really think too much about it because I'm not even a millionaire yet. Yet being the operative term.

But back to you.

In your last post, it sounds like you're finally getting a bit of an understanding of what work needs to be done.. and in order to build the life you want to live, you need to get to work. You want it fast? Good. Start now and chisel out some time each day to work on your project AND work on yourself. You can have the best system in the world but if you're kinda just shuffling around, feeling shitty about yourself, your outlook, the lack of control you might have despite the much higher degree of it you possess compared to your scripted friends.. you're just setting up obstacles to make your path more difficult. There's no nobility in self-martyrdom.

The wealthy friends I have all have said the same thing: making your first million is hard af.. but making your second million is much easier. Making money, like anything else, is a skill. The more you practice that skill, the better you get at it. Just like something as inane as going to the grocery store. When you first become an adult and need to shop for yourself, you might just buy a bunch of junk food and whatever else you desire. But then you're like.. "Oh, I should probably buy some healthier stuff.." and then you realize you need to learn how to cook, how to meal-prep, how to store things to make them last longer, how to take advantage of sales to save money, what pans to buy, whether or not a chest freezer is a good investment. You learn by doing and the more you learn, the more you realize how little you know.. but the easier the task at hand becomes.

So you wanna be a billionaire? Make Elon and Jeff look like amateurs? By all means, do it. I'm honestly rooting for you because they could stand to have some competition. But you gotta make that first $1. And the only thing stopping you from doing that right now.. frankly, is you. And if it's you that's the obstacle.. well.. you're in control of that, big guy.

If you're hungry, go eat.
You're one determined soul dude, keep hunting.

I'm sharpening my claws. I may not be hunting yet, but you damn bet I will.
 
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Ing

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Talking about taking the „fastline“ isn t the same as taking it.
 

Steeltip

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The problem I have is that I'm basing my happiness on conditions. I feel like I won't be happy to my maximum potential without wealth. And I say that because there's a lot of things I want in life that require f*ck loads of money to afford. I essentially want to get to a point where I feel like I have an endless amount of money, where I can spend on and on and on again and never run out of money. The problem with that is that's not really realistic. Because that's just not rich, that's filthy stinking Rich. As rich as how these guys live:
View: https://youtu.be/qXBB9NQzAxE


If it's already hard enough to get rich, to get super filthy stinking rich must be even more on STEROIDS.

Basically this is what I want in my life: nice house, nice car, private jets, yachts, near endless amount of money and time to spend. That's my fantasy. But am I prepared to do the work to be filthy stinking rich? No, because that would take twice as long as it'd typically take for someone to become rich, but not filthy stinking Rich. And why do I have these desires? Because I know that it's possible to get rich. Before I was exposed to all of the Fastlane shit I wasn't thinking about living lavishly, I was thinking but how to have a decent living because I was subconsciously convinced that being rich was unattainable for me... Until I was exposed to the fastlane. The fastlane created this insatiable lust I have to reach that level of wealth. However because I cannot completely control the outcome of that, I will have to settle with whatever outcome I get with the fastlane. If I get a 100 million exit despite wanting a 10 billion dollar exit, then I'll have to settle for less and just accept that. Otherwise I'll spend my whole life attaining such an outlandish goal.
Shit buddy even if you made 100,000,000 you could still buy a yacht and a private jet. A yacht is only 4,000,000 and a jet is about the same amount. realistically you could do it with 20,000,000. Maybe not as comfortably but as long as you got a good money system going that's not out of the question.
 

e_fastlane

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I don't want to sound negative, but it just sounds like you are the average entitled person that is trying to fill an emotional hole with money. Most people have that little voice in their head that wants more. In general it's just insecurity. You can generally do one of 3 things:

1. Let it eat at you and become depressed. This option usually goes with a whole lot of blaming others and/or society for the hand you were dealt or for not giving you what you want.

2. Recognize it for what it is, an insecurity, and work through your mental issues. You may acknowledge some form of "based on my values, what it takes to acquire this outcome is not worth the sacrifices". Then you decide to live your actual values and dismiss this one for what it is (an unhealthy corruption of your sense making mechanism). Well adjusted people do this all the time. An example of this is that if you ask most people if without incurring some cost they want to be faster/stronger/more athletic/wealthier, of course most peoples answer is a resounding YES. But as soon as you tell most people they need to drastically change their lifestyle to maintain a 6-pack of abs , they will say hell no and decide a reasonably athletic life is more than enough for them to be happy! Commiting to the sacrifices required to maximize their "6-pack value" would be a serious net negative to them!

3. Recognize it for what it is, an insecurity, and work through your mental issues. You may acknowledge that being wealthy is in fact one of your top values and you commit to the sacrifices needed to make it happen. You can harness it to DRIVE you and give you motivation to persist through the shit sandwiches that you will have to be eating along the way on your journey. Ultimately though, you still need to recognize that this insecurity can be unhealthy and work on rooting it out. The resulting "wealth" can never actually make you happy and it's a fools errand to expect an external object to do that. While you are harnessing this insecurity to drive you, you will hopefully recognize that it's the process that fulfills you and should be your value. If it doesn't, then you need to go back to point #2 and start living the life that fulfills you. Otherwise, even if you make millions/billions, you will be the guy people refer to when they say "Money doesn't make you happy, believe me, I know insanely wealthy people that are very unhappy". Don't think you are too smart to be that guy. They all thought the same thing.

These aren't some fixed categories and we can all be on some sort of spectrum between these things.

Fix your inner game and start living your values.
 
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WJK

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I don't want to sound negative, but it just sounds like you are the average entitled person that is trying to fill an emotional hole with money. Most people have that little voice in their head that wants more. In general it's just insecurity. You can generally do one of 3 things:

1. Let it eat at you and become depressed. This option usually goes with a whole lot of blaming others and/or society for the hand you were dealt or for not giving you what you want.

2. Recognize it for what it is, an insecurity, and work through your mental issues. You may acknowledge some form of "based on my values, what it takes to acquire this outcome is not worth the sacrifices". Then you decide to live your actual values and dismiss this one for what it is (an unhealthy corruption of your sense making mechanism). Well adjusted people do this all the time. An example of this is that if you ask most people if without incurring some cost they want to be faster/stronger/more athletic/wealthier, of course most peoples answer is a resounding YES. But as soon as you tell most people they need to drastically change their lifestyle to maintain a 6-pack of abs , they will say hell no and decide a reasonably athletic life is more than enough for them to be happy! Commiting to the sacrifices required to maximize their "6-pack value" would be a serious net negative to them!

3. Recognize it for what it is, an insecurity, and work through your mental issues. You may acknowledge that being wealthy is in fact one of your top values and you commit to the sacrifices needed to make it happen. You can harness it to DRIVE you and give you motivation to persist through the shit sandwiches that you will have to be eating along the way on your journey. Ultimately though, you still need to recognize that this insecurity can be unhealthy and work on rooting it out. The resulting "wealth" can never actually make you happy and it's a fools errand to expect an external object to do that. While you are harnessing this insecurity to drive you, you will hopefully recognize that it's the process that fulfills you and should be your value. If it doesn't, then you need to go back to point #2 and start living the life that fulfills you. Otherwise, even if you make millions/billions, you will be the guy people refer to when they say "Money doesn't make you happy, believe me, I know insanely wealthy people that are very unhappy". Don't think you are too smart to be that guy. They all thought the same thing.

These aren't some fixed categories and we can all be on some sort of spectrum between these things.

Fix your inner game and start living your values.
You're right. Like I've said before, money just magnifies who you are and what you are. It's doesn't change your basic nature or mindset. If you're an unhappy creep before money, then with piles of cash you'll just be worse.
 

Nhervel 1

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Truly, this guy has not read any books of MJ

Why this article is still in Gold
 

ZF Lee

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