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- Apr 19, 2019
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I also live in a third world country going down the shitter closely tied to the U.S. Which means not only do we have a shitty economy but Biden's inflation is also squeezing us on all sides. My parents are struggling, it's almost impossible to get a good job without a vax (none of my close family is vaxinated against COVID), rent + groceries + healthcare brings monthly expenses close to $800 off the bat. Which would be fine if the median salary in my country wasn't $11k. And that's not even counting emergency costs, gym memberships, internet, cellphone providers and any other expense to make your life better. As of now, my net worth is about $12k.When you live in third world countries like I do, fastlane is not a word that is said the same way as in the US.
The United States has more than 20 million millionaires. US creates 2 million millionaires per year. There is no other country in the world that does such a thing. Therefore the Fastlane occurs naturally.
Third world countries are bankrupt. Some going into default, with a currency devaluation of more than 70%. The decapitalization of companies is enormous, many close, others flee.
How do you set up a fastlane business when consumers and companies are playing small, because most fall into the range of poor mini-companies. The competition in every niche is fierce. There is no purchasing power, something essential. Consumption is vital. A dynamic economy is vital. Abundance of capital moving is vital.
Entrepreneur? If possible. But Fastlane in a third world country? Neither time nor scale occurs in a decade. It takes many years to build a fastlane business, if not generations.
The only businesses that are making it to fastlane in my country are software companies. Let's speak clearly. One in a thousand does. Few reach the top. And guess what? 85% of these companies open subsidiaries in the US, from where they obtain their profits. Why will it be precisely in the US?
Software development is not for everyone.
So what else are we left with? Another youtube channel? Another course?
I have read some success stories on the forum, and other members here who are doing very well. I am very happy to read this. But it also makes me feel like I live on Pluto. How to achieve the same when the necessary conditions do not exist, not even to adapt them to the environment? Context matters
I understand that you will not like what I have written. I agree with going fastlane and I believe in CENTS. But I also understand that there is an infinitely higher layer. The inequality in opportunities between rich countries and underdeveloped countries is a reality.
It is not an excuse, because there is always someone who enters the fastlane in underdeveloped countries. But achieving it costs 2 million times more and effort.
Just thoughts that wake up when I read "fastline business..."
Nothing new...
But I literally have no other choice. I could move to the U.S. but I would be leaving everything behind (family, pets, friends, cars, assets, girlfriend, current music projects, etc) and starting from scratch with a liquid pool of money of about $9k. This year I learned the hard way that anything that's not your fastlane business should not get much attention unless you can afford to. Investing sums of money into crypto and stocks hasn't done shit for me in terms of exponential growth. Have I profited? yes. But nowhere near enough so that I can sleep easy. I've had several F*ck This Events back to back and I'm gonna take it as a sign from God to change whatever it is that I'm doing.
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