- Thread starter
- #31
Thanks for the replyThat's it, you're working 9-5, you're stuck to your $150K/year income, and you can't break free. That's what happens when you take a job, especially for the Stooges. Be like me instead and never hold a job in your life. Then all you know is fighting for that income brother, because otherwise you ain't eating.
But you have it easy. Lazy around, work remote, get your $150K/year paycheck... no wonder you're not motivated. You're never going to be motivated like that. They give you just enough so that you can make other people's dreams happen and forget about your own.
Then you also have your family who is using you to maintain their lifestyle. So that's just the truth. You've given up control over your life, and you're no longer at the wheel. Now nobody wants to let you grab the wheel again. F*ck, just imagine what your wife would do if you'd go from making $150K/year to $40K/year in a business of your own – straight to the divorce courts, LOL!
This should be an example of how freedom is lost. Bit by bit, without even noticing what you're doing to yourself.
Having said this, your best bet is to focus on climbing up in your career. Also invest in real estate and start saving, stop your wife from buying stupid dresses and designer purses wtf. Work to get an executive position, build relationships with the real movers and shakers around, build high value skills, and at some point you may be able to break free without sacrificing your immediate income. But now you can't. You're tied up, so better get used to it for awhile and make the best out of it.
You work remote. No more holidays outside of places you can drive to. No more designer clothes and stupid shit. Instead save that income, buy property. If you rent, move yourself to a cheaper place. Start saving. You should live on $60K/year MAX!!, save the rest. In 10 years, you'll have saved $900K saved up, if you're investing that into property you'll do better than 99% of people for yourself.
For the rest of you – should be a good warning of what can happen, and how easily your dreams can be lost if you don't keep your hands on the steering wheel.
I'll be honest, I really struggled to absorb this and went through a range of emotions as I processed it.
When I read the first paragraph about being stuck my first thought was "well F*ck you then! I'll show you! You're not going to tell me what is and what's not possible!"
But then I thought I don't know for sure myself if me becoming a successful entrepreneur is possible. On the other hand with my health and fitness I know for sure I can do it and I have a fairly clear idea of how as well so I've taken that "F*ck you" energy and am applying it towards my health improvement goals and I WILL lose weight and get fitter.
The difference with entrepreneurship is I don't know enough about it to know if it is possible from my current circumstance. Maybe it's not possible and I am forever trapped
The comment about making other people's dreams happen and forgetting about my own really hit home
And about my family and me having given up control of my life. Yep I agree 100%, I often feel like I have no real control. Nothing I want to happen really matters, if the wife and kids disagree then we go with their choice every time and no body wants to let me grab the steering wheel just like you said.
I do think this is kinda true in any relationship, cause if we went with my choice every time then I'd be taking control of my wife's life in the same way. Highlights the need to find someone who is going the same direction you are so there's fewer disagreements over life choices and direction.
Yep, I'm a perfect example and a warning of what not to do. Hang onto your dreams people and find people who will support your dreams and not people who want something else out of life.
Now as for what I should do now, I really don't want to be stuck in the slowlane
I feel like my mind is mostly slowlane, my dreams are fastlane and my actions are side walker :/
I do feel like my actions are driven by always doing or allowing what my wife wants and it's kinda coming to a head in the last day or so. If I was a single guy then 100% I'd already be following your advice and working on my career and investing.
But for where I am I don't know if that's going to be enough. I can't see myself living on $60K with the wife and kids so the amount I can save and invest is drastically limited, just like MJ says is the problem with the slowlane approach.
The only way I can see myself achieving the wealth I'd like is through a fastlane business, it won't happen through career and incremental investing.
I could do a hell of a lot better than I am now and with my income I could be doing a hell of a lot better than most...
But it still wouldn't be the life of my dreams
Is it a step on the path? Or is it a distraction away from the real goal of wealth that comes from the fastlane?
Obviously the first step is to get the basics in order. Health, fitness and a basic level of financial security. Just some buffer so I've got energy and time and money to invest into starting a business. Not much happens without those things.
@Black_Dragon43 thank you so much for your reply, it has really got me thinking and as you said it's a warning for other people to stop the progression before they reach the stage I'm at.
Thank you
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