Disclaimer did not read all of that in deatail. But let's look at the headlines:
Follow your passion
This generally is poor advice. It works for some people who are EXCEPTIONAL at their passion and their passion fills a need. But generally, no. Replace with -
Follow market needs
No days off - ever
If you want to start and run a business then this is great advice for getting started. However then it just becomes non-sense. Your life is for living. The teachings of the fastlane lead you to a life by which you can enjoy retirement much earlier than most, and with far more money. If you are working on your business every day of your life until you die, stay in the slowlane, it will be less stressful. Replace with -
Create a system which allows you to detach your time from your money (hard work required)
Never quit, ever.
This is great advice. Providing you know when you have entered a market which has no legs. Staying in a needless market but "never quitting" is folly. Replace with -
Never accept failure as permanent.
Save money and you will get rich
Hahahah this is just classic slowlane. Replace with-
Build a fastlane vehicle and invest the rewards once they are no longer needed for growth. This will protect you when you chose to exit and retire.
TLDR; Create a business which follows the NECTS rules. Stop listening to gurus.
Follow your passion
This generally is poor advice. It works for some people who are EXCEPTIONAL at their passion and their passion fills a need. But generally, no. Replace with -
Follow market needs
No days off - ever
If you want to start and run a business then this is great advice for getting started. However then it just becomes non-sense. Your life is for living. The teachings of the fastlane lead you to a life by which you can enjoy retirement much earlier than most, and with far more money. If you are working on your business every day of your life until you die, stay in the slowlane, it will be less stressful. Replace with -
Create a system which allows you to detach your time from your money (hard work required)
Never quit, ever.
This is great advice. Providing you know when you have entered a market which has no legs. Staying in a needless market but "never quitting" is folly. Replace with -
Never accept failure as permanent.
Save money and you will get rich
Hahahah this is just classic slowlane. Replace with-
Build a fastlane vehicle and invest the rewards once they are no longer needed for growth. This will protect you when you chose to exit and retire.
TLDR; Create a business which follows the NECTS rules. Stop listening to gurus.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.