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Every morning I have a 40 minute bus ride into my slowlane job. One of the only ways I can stay awake is to keep my mind active, so I read these forums and MJs book over and over again trying to glean new information and new perspectives. I had an awesome epiphany this morning on the bus, between an obese man with haliotosis and the young girl he was squishing me into on the other side (bench seats need to die).
I was in the section of MJs book where he talks about the fallacy of raising your intrinsic value through more education. Consider the individual who pays $40k for an MBA that raises their salary from $80k to $100k. Is that a good investment? Definitely not for someone interested in being fastlane. As I was thinking about this, I realized something that changed my perspective. It was that your BEST option to raise your intrinsic value and your education level is through fastlane commitment.
Before you click the back button, hear me out. Take ANY fastlane individual on this forum or in the world, and put them back in the context of a workplace. What sort of value would MJ have at the insurance company he decided not to apply for now compared to then? Back then he was fresh out of college and they were going to put him at a desk with a phone and a phone book to cold call and build a clientele list. Think about the skills and knowledge MJ has now regarding business, web management, etc. He would undoubtedly command a much higher price and more respect if he decided to return to a working environment (one of the great things about fastlane is that you CAN do this, but you do it on your own terms and you aren't afraid of losing your job).
When I become successful with the number of app ideas I have, I have just raised my intrinsic value as a software developer. Right now I'm stuck in QA doing no code. If I forge ahead and release these apps after a few years, I will instantly be more valuable to a company that ships mobile games, because not only have I been successful building the app, but also marketing it and quite possibly RUNNING the company that has its name plastered on it.
Do you see where I'm going with this? So if you ARE considering an MBA program or something to make your slowlane income more bearable while you build your fastlane success, I'd say forget it and focus ALL of your effort on your chosen fastlane. You need all of your available brain juice pumping into your fastlane project to become successful. You will become more intrinsically valuable from a business perspective by being successful in the fastlane, then going into debt to get a slightly higher salary in the slowlane.
I was in the section of MJs book where he talks about the fallacy of raising your intrinsic value through more education. Consider the individual who pays $40k for an MBA that raises their salary from $80k to $100k. Is that a good investment? Definitely not for someone interested in being fastlane. As I was thinking about this, I realized something that changed my perspective. It was that your BEST option to raise your intrinsic value and your education level is through fastlane commitment.
Before you click the back button, hear me out. Take ANY fastlane individual on this forum or in the world, and put them back in the context of a workplace. What sort of value would MJ have at the insurance company he decided not to apply for now compared to then? Back then he was fresh out of college and they were going to put him at a desk with a phone and a phone book to cold call and build a clientele list. Think about the skills and knowledge MJ has now regarding business, web management, etc. He would undoubtedly command a much higher price and more respect if he decided to return to a working environment (one of the great things about fastlane is that you CAN do this, but you do it on your own terms and you aren't afraid of losing your job).
When I become successful with the number of app ideas I have, I have just raised my intrinsic value as a software developer. Right now I'm stuck in QA doing no code. If I forge ahead and release these apps after a few years, I will instantly be more valuable to a company that ships mobile games, because not only have I been successful building the app, but also marketing it and quite possibly RUNNING the company that has its name plastered on it.
Do you see where I'm going with this? So if you ARE considering an MBA program or something to make your slowlane income more bearable while you build your fastlane success, I'd say forget it and focus ALL of your effort on your chosen fastlane. You need all of your available brain juice pumping into your fastlane project to become successful. You will become more intrinsically valuable from a business perspective by being successful in the fastlane, then going into debt to get a slightly higher salary in the slowlane.
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