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NOTABLE! What if you already know enough?

Cvince

Bronze Contributor
Read Millionaire Fastlane
May 2, 2019
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131
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19
Toronto
I think it's a common problem where people over research and under deliver. I believe it ties into a quest for a shortcut on how to make money. When in reality people just need to get started.

The over researching leads to self-doubt which leads to procrastination which leads to the business failing/never launching.

Now, there's an over abundance of action fakers online these days. But in a few months time they tend to disappear, or move onto their "next big idea." At the end of the day, it all comes down to fixing your habits.
 
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Andy Black

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I think it's a common problem where people over research and under deliver. I believe it ties into a quest for a shortcut on how to make money. When in reality people just need to get started.

The over researching leads to self-doubt which leads to procrastination which leads to the business failing/never launching.

Now, there's an over abundance of action fakers online these days. But in a few months time they tend to disappear, or move onto their "next big idea." At the end of the day, it all comes down to fixing your habits.
I think it’s less to do with chasing money and more to do with not knowing where to start, and (more importantly) that school and society have trained us to seek a book or course if we want to learn (instead of the “launch and learn” mindset a business owner needs).
 

Cvince

Bronze Contributor
Read Millionaire Fastlane
May 2, 2019
48
131
113
19
Toronto
I think it’s less to do with chasing money and more to do with not knowing where to start, and (more importantly) that school and society have trained us to seek a book or course if we want to learn (instead of the “launch and learn” mindset a business owner needs).
I have always been against the way our school system teaches. I believe it creates more of an employee mindset.
 
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Andy Black

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I have always been against the way our school system teaches. I believe it creates more of an employee mindset.
Agreed. School is there to create workers in the factories.
 

Lee H

Contributor
Aug 8, 2018
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It's refreshing that many are starting to wake up to this fact. I think school is for people who want to be become certain professions, ie; doctors, lawyers, etc.
I agree, schools are there to create good employees and consumers. The problem is that the system is broken. Today's teachers are good employees and consumers. It's all they really know because teaching is a profession.

Very few teachers these days have ever been outside of the system.

It's a vicious circle.

We as parents, friends and mentors need to take responsibility and educate our young about how to escape the system.
 

MakeItHappen

Silver Contributor
Speedway Pass
Apr 12, 2012
446
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I agree, schools are there to create good employees and consumers. The problem is that the system is broken. Today's teachers are good employees and consumers. It's all they really know because teaching is a profession.

Very few teachers these days have ever been outside of the system.

It's a vicious circle.

We as parents, friends and mentors need to take responsibility and educate our young about how to escape the system.
There is a positive thing about that, imo.

It leaves you with less competition if you are willing to break out of the system.
 

Jose Angel Nunez

New Contributor
Apr 10, 2019
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I agree that the school system may corrupt aspiring entrepreneurs. I remember when I was a rebel in High School, I convinced this lady to let me perform with my rock band at her daughter's sweet 16 party. The problem was that I had no members for my band, no instruments, had not practiced any songs, and I had one month to prepare until the party. I had still not developed the analytical mind I earned in college, so my mind did not register the difficulties for this project. But I think because I did not doubt myself and had no analysis paralysis, I was able to conquer that feat and get all those things done.

After college, I graduated with a diploma, analysis paralysis, the addiction to endless learning, and a masters in action faking. This has severely slowed down my entrepreneurship journey. And even though I was reading and listening to a lot of audio books, no progress was visible. Having removed my Plan B's, I was desperate for a change. So I made a commitment today to not read or listen to another audio book until I ACTUALLY need it. Luckily, today I saw this post and it furthered confirmed my actions.

I thank everyone that posted in this thread. I have learned a lot from you! I hope soon I will be able to contribute valuable insights to this forum as well!
 

Johnny boy

Gold Contributor
FASTLANE INSIDER
Speedway Pass
May 9, 2017
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Washington State
Listening too much will make you say things that have already been said, and do things that have already been done, and become a hollow shell, reverberating an average tone of someone else’s sound. Consuming is the opposite of producing, and being in the stands is an awful way to become a star up on stage.
 

guy93777

Contributor
I've Read UNSCRIPTED
Jun 5, 2019
48
53
97
Listening too much will make you say things that have already been said, and do things that have already been done, and become a hollow shell, reverberating an average tone of someone else’s sound. Consuming is the opposite of producing, and being in the stands is an awful way to become a star up on stage.
copywriters admit that they steal ideas from other copywriters. this is well known. nothing new under the sky. you can't start from scratch, from the big bang 15 billions years ago.

Eben Pagan calls it " standing on the shoulders of giant "
 

illmasterj

Bronze Contributor
Speedway Pass
Jan 19, 2016
198
481
229
35
1360m
I've been trying really hard to just execute lately. It's amazing how little I have been executing and how much time I've been wasting. Research is one of my guilty pleasures. It feels productive but it's just mental masturbation.
 

NursingTn

New Contributor
FASTLANE INSIDER
Jan 30, 2019
7
10
17
I spoke with Andy about a week ago. He asked me to post here. This thread came to me at a good time.

I realized that I was action faking when I wanted to continue learning more and more about business (cursed my academic background). This thread helped me see that I do not need to continue learning, but simply help someone. Use resources as needed when you need help to overcome problems that arise from helping somebody else. There is no point to a business if it is not solving a real problem. There is no point for me to learn more about business (e.g. marketing strategies, finding needs, whatever) when I am in business to solve problems and get paid to do so.

What have I done so far? In the past few months, just read nothing but business books. They were great for knowledge, but knowledge without application is mental masturbation. However, with this thread, it clicked that I needed to apply my knowledge. What has happened in the past week?

Business:

Currently in the process of finding businesses interested in getting chiropractic care for their employees. I am the business manager for this business. Our marketing processes: 1) Providing charity care and helping advance non-profit organizations and 2) crafting and tailoring personalized scripts from a perspective of "We genuinely want to help care for employees and help them be more productive so your company gets more productive to help it succeed" for cold calls/emails to prospective businesses via Linkedin and networking organization sites.

We plan to go to businesses in person and simply ask them if they can help us learn more about them and their employees, just a chat to get to know one another. Similarly, we are looking up events and see if we can do a mini health-fair of sorts. Regardless, our intention is to HELP people. That is our #1 priority. Money is secondary. Cashflow might be the lifeline of a business, but without customers, then there is no cash-flow!

None of this was happening about a week ago until this thread kicked my gluteus maximus into gear. Nothing will surely happen if I did nothing. However, at least now, with four channels to reach prospective clients and build ourselves into expert in this particular niche, the probability of us landing the elusive first business client is more than 0%. That's all we need. Plenty of people have expressed interest, but our target audience is businesses. Let's see what happens.

Side-hustle:

I am also a nurse who is working a "seasonal" work where I work if I am needed to work. Income is non-existent as the business is getting started. Oh well, I already know enough. I am a business person first and foremost. I find opportunities among problems.

I looked up job posts and found several positions screaming "I NEED A NURSE HELP". I sent in a resume tailor to needs, had a person reach out to me on the same day, and approached the interview from the angle "I want to help. That is all I want to do. Help." Guess what? I got myself a good paying side-gig where I only need to work 30 hours or less monthly to make way more than someone working a minimum wage job for 40 hours a week four weeks of the month.

This all happened in a week. Perfection was my enemy. I wanted to have the knowledge, but without the experience to apply it and actually get results. If you gain nothing else from this forum, this thread, this post, then let it be this: Just ask yourself, "How can I help [target audience]?" How can I help the local stores make more money? How can I help the crying child on the street? How can I help this self-employed owner find more clients? How can I make life better for people working as massage therapists, construction workers, dentists, doctors, etc.?

JUST HELP!
 

Siddhartha

Bronze Contributor
FASTLANE INSIDER
I've Read UNSCRIPTED
Read Millionaire Fastlane
Mar 30, 2019
122
149
129
I keep coming back to this thread. It helped push me towards one major avenue of action last month; and yet another yesterday.

The way I see it, book readers and resource resource consumers are motivated, they know what they want, but they want to perfect it, the first time. They also want it easy, so they get stuck building the foundation before the castle (I know I did).
They want to work towards their goal but have no room for error. If they do leave error and it doesn't take off, they will have to sit and stew in their corporate cesspit for 5-6 months while their business ramps up. Why do this when you can just read one (or two or three...) Magical books and wind up in a lambo cruising down main street tomorrow?

It's a question of risk acceptance and risk mitigation, unfortunately acceptance is the only truly fastlane path.

I kept cutting my teeth on this dilemma because I let myself get re-hired back into wage slavery and instead of doing something, I spent 3 months reading 50 books, trying to think of good ideas, trying to find a magic pill that could let me loose now.

I haven't given up on the thought of living out of the trunk of my SUV but in the meantime I'm going to keep charging down the path I just opened up for myself, saving capital via slowlane and keeping eyes out for that exit.
 
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Hopeful

Contributor
Jun 8, 2019
29
37
17
Many of you are straight out of school or college.

You’ve been taught to consume and read your way out of problems.

You’ve been programmed whenever a new challenge comes up to instantly go searching for a book or course.

This is how deep the script has it’s claws in you. And the further you got into the education system the deeper those claws.
Oops. Guilty! Thanks for the reality check.
 

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