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- Dec 20, 2022
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Dear fellow entrepreneurs,
Young lad over here who requires advice. I read Fastlane about a month ago.
I also became highly interested in entrepreneurship last month
as I'm a huge fan of self-improvement (forming habits such as a proper diet, exercise, meditation, journaling, reading, etc.)
My self-improvement journey made me realize that through hard work, you can become fulfilled and enjoy
life much more than if you continue to pursue what everyone else is doing. It became apparent to me
that the typical 9-5 life sounds extremely boring to me. I also realized that despite teaching bringing me
massive fulfillment, it doesn't pay bills (due to the current housing crisis in my country)
and doesn't allow me to live life with much freedom. Prior to reading I thought investing
was the way, but boy was I deluded after reading Fastlane.
What resonated with me extremely well in the book and what many successful entrepreneurs seem
to agree with is the fact that if you bring massive value and positively impact many lives or
hugely positively impact a few lives you will make tons of money. I also learned that it has to be
authentic and that you are playing a long game. As a teacher, I currently enjoy bringing massive
value to my students' lives except I don't get really wealthy doing so. So the bring value to the world
part is something I possess.
This leads to the question, and I know similar questions have been asked before.
What business should I start and what business has a bigger chance of being future-proof?
With the latter I mean, that I could spend my time for 10 years on that business without
becoming obsolete. I don't want the future to chop down my money tree, so to speak.
The businesses that really interest me, as of now, are:
Of course, I didn't add the skill at which I'm really good at currently; teaching. I want to learn the ins and outs of business so that I can later put this skill to use teaching people for a fair price. I also didn't mention freelance writing due to the fact that I think that AI will make content writing (and blogging for that matter) obsolete due to their potential with regards to producing language.
Thank you for reading and I'd love to hear from you.
Kind regards,
Young lad over here who requires advice. I read Fastlane about a month ago.
I also became highly interested in entrepreneurship last month
as I'm a huge fan of self-improvement (forming habits such as a proper diet, exercise, meditation, journaling, reading, etc.)
My self-improvement journey made me realize that through hard work, you can become fulfilled and enjoy
life much more than if you continue to pursue what everyone else is doing. It became apparent to me
that the typical 9-5 life sounds extremely boring to me. I also realized that despite teaching bringing me
massive fulfillment, it doesn't pay bills (due to the current housing crisis in my country)
and doesn't allow me to live life with much freedom. Prior to reading I thought investing
was the way, but boy was I deluded after reading Fastlane.
What resonated with me extremely well in the book and what many successful entrepreneurs seem
to agree with is the fact that if you bring massive value and positively impact many lives or
hugely positively impact a few lives you will make tons of money. I also learned that it has to be
authentic and that you are playing a long game. As a teacher, I currently enjoy bringing massive
value to my students' lives except I don't get really wealthy doing so. So the bring value to the world
part is something I possess.
This leads to the question, and I know similar questions have been asked before.
What business should I start and what business has a bigger chance of being future-proof?
With the latter I mean, that I could spend my time for 10 years on that business without
becoming obsolete. I don't want the future to chop down my money tree, so to speak.
The businesses that really interest me, as of now, are:
- Web design (Creating websites for businesses to make them successful online or to enhance the quality of the web sounds really appealing to me. I've got 0 experience with programming websites though).
- Marketing (promoting products that I stand behind to make it a win-win situation (they pay me for marketing, I pay them with sales) sounds really appealing).
- E-commerce (find a problem, solve it, sell the product. This one does scare me though, as it is really abstract and sounds really difficult).
- Blogging (have one currently, but I think it doesn't have a huge chance of success, also Fastlane really called me out here hahaha).
- Software development (Extremely challenging but interesting. I have very little experience with programming).
Of course, I didn't add the skill at which I'm really good at currently; teaching. I want to learn the ins and outs of business so that I can later put this skill to use teaching people for a fair price. I also didn't mention freelance writing due to the fact that I think that AI will make content writing (and blogging for that matter) obsolete due to their potential with regards to producing language.
Thank you for reading and I'd love to hear from you.
Kind regards,
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