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Free registration at the forum removes this block.Thinking the same path and the same advice will work for everyone = Stupidity
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What if they tell you not to roll your negative equity into a car you're financing for 72 months at 8% APR? Would you disregard that advice, just because the person is broke?
"don't take fitness advice from fat people"
What if they tell you to eat fewer processed carbs, consume more lean protein and lift heavy shit? Would you rush out to buy a sack of white sugar to snack on all day while you sit on the couch binge watching Orange Is The New Black?
Only simpletons follow those prescriptions.
Intelligent people evaluate information on the basis of its content, not on their preconceived notions of the source.
The ultimate irony of your diatribe is that you show a video of a guy who looks like the homeless bums that beg for money here in PHX, and proclaim that he is changing your life, the life of your family, and of your partner.
Unfortunately, even doctors and engineers are going off the deep dive. Around one quarter of my college batch were into these two fields and my batch's quite big. Too much competition to succeed. I know the presence of competitors shows my venture is worth pursuing, but when there's too many...Not everyone wants the huge stress that comes with being an entrepreneur. I don't see anything wrong with going to school, getting good grades, and getting a job, especially if they want to be engineers or doctors.
Unfortunately, even doctors and engineers are going off the deep dive. Around one quarter of my college batch were into these two fields and my batch's quite big. Too much competition to succeed. I know the presence of competitors shows my venture is worth pursuing, but when there's too many...
It is true that while engineers and doctors are badly needed in today's world, we actually need more EXPERIENCED doctors and engineers. In other words, those who have gone through challenges and succeeded, not some greenie who just exited college waving a bachelors in his hand.
I highly suspect that many went in just for the money or 'just because I am good at it.'
Look, on another note, I'm having a lot of 'entrepreneurship is hard' and 'stick with a 9-5 to be more stable and safe'. Obviously somehow the Fastlane spirit has gone diluted.
ENTREPRENEURSHIP IS HARD IF YOU
a) break all the Fastlane commandments. I did mention in my earlier threads that I had MLM friends and broke relatives who screwed Control, Entry and Time.
b) you don't get help. Help doesn't mean a business partner. It could mean a short course, a new referral, a free tool to boost your website, anything that will give you sales or reduce your worktime.
c) you are scared. (obvious?)
d) you listen to people who say entrepreneurship is hard and will not make you rich. (leads to (c) and a reconsideration of the Law of Effection)
e) you don't have critical thinking
f) you waste cash on every so-called 'business expense' even if it won't net you more cash
In my opinion, everything is hard until you make it easy. I hate the air of cowardice that looms about such threads....makes me feel more sick than yesterday....'cough', 'cough'...getme a doctor someone
"Air of cowardice?"
Is everyone who disagrees with your path a coward? Or just those in this thread?
It's probably safe to say that I know some 9-5ers who have made LOTS more money than you likely ever will. They are some of the smartest people I know, and they most certainly aren't scared of entrepreneurship. They just have different priorities than you...
"Air of cowardice?"
Is everyone who disagrees with your path a coward? Or just those in this thread?
It's probably safe to say that I know some 9-5ers who have made LOTS more money than you likely ever will. They are some of the smartest people I know, and they most certainly aren't scared of entrepreneurship. They just have different priorities than you...
Agree. It's silly that some entrepreneurs think that they are somehow better than 9-5ers just because they don't work a regular job. I saw an Oprah Winfrey show about a surgeon who works in Africa for very low pay, instead of working in the U.S. for tons of money. There's more to life than money, such as purpose.
Likely ever will? What makes you think so?"Air of cowardice?"
Is everyone who disagrees with your path a coward? Or just those in this thread?
It's probably safe to say that I know some 9-5ers who have made LOTS more money than you likely ever will. They are some of the smartest people I know, and they most certainly aren't scared of entrepreneurship. They just have different priorities than you...
Sorry..I don't mean any of you to be cowards. I must have been harsh.
I meant some factions or groups that have been cluttering my information feed with articles that purposed on pointing out that entrepreneurship wasn't a gold mine.
For me, it's a gold mine if you work in it or use a machine to dig in it.
9-5ers can make lots of money, especially in high-difficulty areas like petroleum engineering and pharmateuticals but the weakness is that their time is tied to their income.
Remember, we Fastlaners aren't just in it for the money, we are in it for the freedom of time too.
That surgeon must be working for charity, and that's up to him. I'm sure he has some help from supporting organizations though.
I'm no better that the ordinary 9-5er. You are right. But the difference is that I am aware that I have to use more tools and advantages and leverage than any ordinary 9-5er might. The entrepreneur greats did and used more stuff (not necessarily expensive or cheap, either way) normal people don't. Richard Branson booked his own jet to start his airline. Roped in some ex-airline owner screwed over by the British Airways to help him out.
MJ pioneered lead generation, quite a new online model at that time.
Facebook followed the crowd's wishes in implementation. Had games and all the like. Myspace just got worn down by corporate bureaucracy.
I could go on, but what makes a Fastlaner 'better' is that they do and use things that Slowlaners don't even have time or the mind to....as they are working their asses off for that weekend
There's a reason why MJ listed the dangers of the Slowlane at the end of the Slowlane section in TMF
Likely ever will? What makes you think so?
The smartest people are the people who can think and figure things out for themselves, not conform and subscribe to some centurion-old concept that no longer works on the modern age.
Just because these top 9-5ers make more money than most entrepreneurs doesn't mean they're wealthier. Wealth is primarily defined by time, not money. Although I don't make as much as some middle manager or corporate lawyer, I don't have to go to work everyday for 10+ hours. I don't have to feel anxious on a Sunday night anticipating Monday tomorrow. Everyday is a Saturday to me. I never had a "real job" my whole life and I love it.
I have several friends who have made well over $10M in the "slowlane," a couple well over $50M.
It's exactly the same.
But, what percentage of entrepreneurs do you think make $10M?
The 9-5ers who make the smart decisions succeed, just like the entrepreneurs who make smart decisions. Show me a liberals arts college, and I'll show you a lot of people who will likely never get rich; show me all the posts on this forum about making money in the fitness/weightlifting space, and I'll show you a lot of "entrepreneurs" who will likely never get rich.
I'm not sophisticated enough for all of this analysis.
We're here to control our destiny.
Just based on the numbers. I have several friends who have made well over $10M in the "slowlane," a couple well over $50M. While I don't have any data to support this, I'd be willing to bet that the median income for an entrepreneur is far less than $10M. So, statistically, it's likely that some of my friends have made more than he ever will.
open and shut case of blatant fraud
I knew you would come in sir!I'd had a feeling you'd come back and claim the same odds for entrepreneurs, but you're simply normalizing two widely variant bell curves. It's the old "apples to oranges" comparison.
Changing the odds and widening the bell curve is WHY WE ARE HERE.
Some random employee at some random job has virtually NO CHANCE of getting rich and setting themselves free -- their bell curve is extremely steep with statistical odds in the 2, 3 and 4 SD ranges. Even at 1SD, they are at a six-figure job. Add in the fact that they are limited in options for manipulation.
If they come under your tutelage w/respect to becoming a highly-paid employee w/gobs of stock options, they might improve their statistical odds and WIDEN the bell curve. If they take your instruction, now they've improved their odds -- instead of 3 and 4 SD probability, maybe now they're dealing with a 1.5, or even a 1 SD probability.
Again, this manipulation (no matter the path) is why we are here.
The bell-curve of a standard employee is extremely steep -- and it's extremely limited in manipulation.
All things held equal, I'd imagine it's much better than the bell curve (not as steep) of your ordinary employee.
Still, the bell-curve of the average entrepreneur who thinks selling t-shirts and blogging about six-pack abs, ALSO has STEEP bell curve with odds that probably aren't much better.
True, but I view them as being in the right direction, just the wrong path.
The entire point of this forum (and my writings) is to change the shape of the bell curve which we attach ourselves to -- and to give entrepreneurs a better than a 2,3 and 4, SD chance of creating a life-changing business.
If this forum (or my book) succeeds in WIDENING the bell curve, it's done its job.
That said, I can name dozens of entrepreneurs on this forum who have a better than a 2 or 3 SD chance at making $10M -- perhaps 1SD or better. My money is on them because they've manipulated their bell curve by making the right decisions in business.
As I see it, the options to manipulate the probability curve for an entrepreneur is 10X greater with 10X more options than an employee who must navigate job economics, demand, and educational credentials demanded by an employer, not to mention, "knowing the right people."
At the end of the day, none of this matters for someone who is content with a job, people who are unlikely to be on this forum, much less in the pages of my book.
Show me an entrepreneur at the same stage of his career, and I'll have absolutely no idea his chance of success.
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