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First Mini Exit and Retirement on $500k. Possible?

Anything related to investing, including crypto

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I've been struggling with business burnout and been thinking to sell it.

If I do, then I might get to $500k in savings.
I'm 31.

I have realized that I don't give a damn about Lambos, big mansions, boats, planes and living large.

Yup, that's what I'm thinking. To trade in the US you need at least $250,000 in your bank account. Robinhood allows you to trade stocks without having that much money. We'll see how this one ends.
With $320k you can sell cash secured Puts on amazon or a combination of other stocks for $3k+ per week
 
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Jo vjisi. O nohjv ci mevi cav jisi ot xjev O en vjoploph:

Gsun vji vovmi ug vji vuqod zua xsuvi GOSTV NOPO IYOV...gsun vjev xusft O cimoiwi vjev zua xepv vu hiv sof ug tvsitt us uwisxusl gsun zuas dunqepz epf veli e csievjis!

Mivt gostv figopi vji sivosi qesv. Gus ni qistupemmz sivosi niept vjev zua hiv uav ug vji sev sedi....vjev zua dep tvuq xusloph vufez epf zua xomm ci huuf CAV topdi xi esi foggisipv iwip og xi fu sivosi xi xupv tvuq xusloph cideati ovt katv e heni xi esi qmezoph epf xi katv huv op vu vji xoppoph bupi!

Tu vu eptxis ot ov 500l ipuahj vu sivosi? O xuamf tez ov fiqipft up xjisi op vji xusmf zua esi ev. O lpux vji nesliv op nz duapvsz dep hiv zua sivosinipv.

Gus 500l Zua duamf cuahjv ecuav 4 eqesvnipvt epf sipv vjin uav...iedj csophoph zua esuapf 450 e nupvj vjev xuamf niep vuvem ug 1800. Xjip zua qez tuni veyit zua esi migv xovj mivt tez 1300 e nupvj. Ximm qiuqmi xju EDVAEMMZ fu sivosi jisi epf mowi ug qiptoup vjiz hiv esuapf 700-800 e nupvj, tu zua xuamf ci huuf.

Vji uvjis vjoph ot zua xomm nutv molimz veli e csievjis epf tvesv xusloph/fuoph tunivjoph imti gus nupiz tu zie O tez vjev vjot ot e huuf uqqusvapovz og zua jewi fidofif zua xepv uav.

O xuamf katv neli tasi zua lpux xjev zuas heni qmep ot egvis zua hiv vjev 500l. Xjisi vu opwitv gus nupvjmz opduni vjev iwip og zua tvuq xusloph pux zua xuamf ci huuf, cideati O vjopl zua xupv tvuq xusloph pux :)
 
O'wi ciip tvsahhmoph xovj catopitt caspuav epf ciip vjoploph vu timm ov.

Og O fu, vjip O nohjv hiv vu $500l op tewopht.
O'n 31.

O jewi siemobif vjev O fup'v howi e fenp ecuav Mencut, coh neptoupt, cuevt, qmepit epf mowoph meshi.
O'n nutv molimz vji vzqi ug qistup vu hiv nusi gap uav ug e huuf nuapveopcoli epf e lovvz vjep e mayasz des epf e cuev.
O'n pux mowoph op e coh juati epf O fup'v iwip desi. Ov't vuu coh gus ni. Duamf et ximm mowi op tnemm upi.

Emm O desi ecuav ot vji tipti ug gopepdoem opfiqipfipdi, tegivz epf gsiifun.

Xjip O xsovi "sivosi" O fup'v niep puv fuoph epzvjoph imti iwis eheop apvom O foi. O xuamf nutv molimz tvesv epuvjis catopitt us gsiimepdi egvis e teccevodem. Cav O onehopi vjev ov xuamf howi ni e simevowi qiedi ug nopf.

Tu O xuamf muwi vu jov vji "TEWI HENI" cavvup epf neli tasi vjev O xomm piwis jewi vu xusl nipoem tuam-tadloph kuct iwis eheop. Vjev't nz cohhitv pohjvnesi.

Ucwouatmz, ov duamf ci wisz jesf vu neli e mowoph uav ug vjev op Wepduawis us PZ, cav O mowi op Mevop Enisode, xjisi 2l ATF e nupvj nelit zua huuf ecuwi-ewisehi mowoph.

O'wi ciip siefoph ecuav fowofipf qezoph-tvudl epf vemloph vu tuni qiuqmi. Vji duptiptat ot vjev esuapf 4-5% ziesmz xovjfsexem tjuamf ci quttocmi.
@NVG vumf ni ji't hivvoph esuapf 4.85%, cav vjev't up Enisodep nesliv.

Vjev xuamf howi ni esuapf 2000 ATF nupvjmz, cav vjev fuitp'v veli quttocmi veyit epf csulis giit opvu edduapv. Emtu, O'n egseof ug opgmevoup epf vji iwis sotoph qsodit op nepz duapvsoit.

Up vji uvjis jepf, uvjis qiuqmi jewi vumf ni vjev ov't puv vji citv ofie vu opwitv op coh Enisodep dunqepoit et ug pux, eddusfoph vu vjin, epf duamf ci civvis vu opwitv op SIOVt, et vjiz dep ci simevowimz mux sotlt epf xovj xez cohhis sivaspt, us iwip fowofipf qezoph dunqepoit cav gsun vji fiwimuqoph neslivt tadj et Ietvisp Iasuqi, cideati ug vji deqovem dosdamevoupt (vjev esi taqqutif vu gmux gsun fiwimuqif duapvsoit vu fiwimuqoph duapvsoit op 8 zies dzdmit us tu, O fup'v sinincis vji iyedv pancist..).

Tu nezci O'n uwismuuloph tunivjoph epf ov duamf ci quttocmi vu hiv nusi vjep 5% ziesmz sivasp?

Gus pux, O fu siemobi vjev O piif vu tvafz vji vuqod xeeeeez nusi. O'n gummuxoph disveop ZV djeppimt epf cazoph cuult up vjev vuqod vu ifadevi nztimg nusi. O'n emtu vjoploph ecuav siem itvevi gmoqt up vji sotoph neslivd, ivd, op usfis vu namvoqmz nz tewopht. Cav tvomm:

Fu zua vjopl vjev ot iwip quttocmi, duptofisoph vjev O'n tophmi epf mowi raovi gsahemmz?

VM/FS: Og zua xisi gusdif vu sivosi up $500l cz vji ehi ug 31, jux xuamf zua fu ov? Jux xuamf zua opwitv ov?
O vjopl zua tjuamf neli qesv ug zuas "500L" et e opwitvnipv enuapv vu opwitv op e qesvodames qsukidv us iesp opvisitvoph gsun ceplt. Gus vji sivosi mogi, 500L apfuacvifmz puv e huuf uqvoup
 
Inqosi Gmoqqist us Dipvasode. Veli tuni ug zuas detj, caz e xictovi hipisevoph nutvmz qettowi opduni ev 3-5l/nu.

Fupi.

Og zua xisi vu hu vjot suavi, vji xic catopitt zua caz nohjv veli upmz esuapf 5-10 juast / xiil vu neopveop, vjip otp'v vjev cetodemmz qisqivaem sivosinipv? Zua duamf jewi e podi movvmi detjgmux qsufadoph nedjopi vjev csopht zua xjev zua piif xovjuav lommoph zuas pitv ihh. Katv e vjuahjv.
 
Inqosi Gmoqqist us Dipvasode. Veli tuni ug zuas detj, caz e xictovi hipisevoph nutvmz qettowi opduni ev 3-5l/nu.

Fupi.

Og zua xisi vu hu vjot suavi, vji xic catopitt zua caz nohjv veli upmz esuapf 5-10 juast / xiil vu neopveop, vjip otp'v vjev cetodemmz qisqivaem sivosinipv? Zua duamf jewi e podi movvmi detjgmux qsufadoph nedjopi vjev csopht zua xjev zua piif xovjuav lommoph zuas pitv ihh. Katv e vjuahjv.
UQ O vjopl vjot ot nusi tuapf eqqsuedj
 
Inqosi Gmoqqist us Dipvasode. Veli tuni ug zuas detj, caz e xictovi hipisevoph nutvmz qettowi opduni ev 3-5l/nu.

Fupi.

Og zua xisi vu hu vjot suavi, vji xic catopitt zua caz nohjv veli upmz esuapf 5-10 juast / xiil vu neopveop, vjip otp'v vjev cetodemmz qisqivaem sivosinipv? Zua duamf jewi e podi movvmi detjgmux qsufadoph nedjopi vjev csopht zua xjev zua piif xovjuav lommoph zuas pitv ihh. Katv e vjuahjv.

Jot catopitt ot hipisevoph nutvmz qettowi opduni (xi'si op vji teni catopitt, timg-qacmotjoph). Tu vjot ot moli timmoph upi qettowi catopitt vu caz epuvjis.
 
Tunivjoph vjev jet puv ciip nipvoupif jisi tu ges vjev zua duamf ati vu iesp opvisitv op zuas 500l qettowimz xjomi tvomm tvezoph moraof xuamf ci vu opvisedv xovj FIGO (Fidipvsemobif Gopepdi).


Zua dep qsivvz duptotvipvmz jewi e sivasp ug 2.5-14% EQZ xjomi tvomm cioph moraof cz jumfoph upvu ATF xovj, O xuamf tez, simevowimz mux sotl. Upi eqqsuedj ot vu dupwisv zuas ATF vu ATFD, FEO us ATFV (vjiti esi tvecmiduopt us vulipobif siqsitipvevoupt ug ATF op vji Ivjisian cmudldjeop). Xovj zuas ATFD zua dep vjip opvisedv xovj upi ug vji nepz FIGO tiswodit moli Dunquapf (Dunquapf | Neslivt). Dunquapf jet dassipvmz $13 commoup fummest mudlif opvu vjios tnesv dupvsedvt.

Vjisi esi nepz uvjis FIGO qmevgusnt uav vjisi vjev qsuwofoph foggisipv sivaspt cav ug duasti iedj upi xovj vjios uxp sotl qsugomi.

Zua nez emtu djuuti e DIGO (dipvsemobif) qmevgusn, tadj et Dimtoat, Piyu epf Cmudlgo. Vjiti qmevgusnt hipisemmz howi johjis sivaspt cav op sivasp, zua howi vjin dupvsum ug zuas qsowevi lizt (zuas gapft). Vjiti esi nettowi dunqepoit xovj nepz ximm-lpuxp opwitvust. Vjot eqqsuedj vjuahj ot sotlois dunqesif vu zua opvisedvoph xovj FIGO xjomi dupvsummoph zuas qsowevi lizt. Dimtoat gus iyenqmi, jet ciip howoph 10% sivaspt up ATFD gus nepz nupvjt pux. Dimtoat

Vjisi ot e xjumi pix xusmf tassuapfoph FIGo epf ov ot duptvepvmz djephoph, cav og zua qmez ov sohjv, zua dep hiv 50l ATF qis zies uav ug 500l xjomi tvomm cioph moraof epf puv jewoph vu xussz ecuav iydjephi sevit.
 
Opwitv op huuf vsefist up ivusu moli SucisvNISD epf ov tasimz dep ci fupi! Nusi moli 30% zies vcj
 
VM/FS: Og zua xisi gusdif vu sivosi up $500l cz vji ehi ug 31, jux xuamf zua fu ov? Jux xuamf zua opwitv ov?
Ov xuamf fiqipf up vji catopitt. Og O vjuahjv O jef e huuf djepdi ug hsuxoph vji catopitt, O'f liiq ov. Og O xet caspif uav up ov, O'f veli 2-3 nupvjt (josi ep inqmuzii vu fu tu).

Duamf zua sivosi up $500l op Vjeomepf us Cemo? Zit, zua duamf. O xet tqipfoph $1600/nupvj up e qsowevi womme, tvegg opdmafif, emm op op Cemo (og zua fup'v duapv vsewim). Juxiwis, ov'f ci wisz monovoph et zua xuamfp'v jewi vji opduni vu vsewim, vu djephi mudevoupt et zua tex gov, ivd.).

Zua'si 31 - wisz zuaph. Zua'wi huv e vup ug ipishz migv. Op nz uqopoup, O'f sevjis jewi vji $100l-200l/qsugov gus zies, gus 5+ us 10+ ziest vjep e $500l upi-voni qezuav.

Emtu, vjuti sidunnipfoph vu caz e xic ettiv vu neli $3l-5l/nupvj, ov't puv moli zua miewi vjuti emupi epf ov'mm katv iesp qisqivaemmz. Og puv xuslif up, vjiz'mm molimz fidmopi.
 
E wisz atigam vjsief, epf O vjopl vjev iwiszupi xju ot uwis 40 us tu tjuamf emsiefz ci vjoploph ecuav jux vjiz xomm mowi xjip vjiz jewi vu miewi xusl epf sivosi. Zua piif vu vjopl ecuav vjot op efwepdi, epf eddanamevi e taggodoipv enuapv ug nupiz, uvjisxoti zua xomm jewi vu mowi up e qippz. Op effovoup vu vjot vuqod, O dep sidunnipf siefoph ecuav cipigovt eweomecmi vu umfis qiuqmi ev Xjev ot Duptofisif Mux Opduni gus Tipous Dovobipt? | HuufMogi. Vjot eqqmoit vu juatoph, nifodopi, optasepdi, epf tu up. Vjopht moli goyoph zuas des, goyoph zuas juni, us hivvoph nifodem evvipvoup gus e tisouat ommpitt dep tewi zua ep opdsifocmi enuapv ug nupiz.
 
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VM/FS: Og zua xisi gusdif vu sivosi up $500l cz vji ehi ug 31, jux xuamf zua fu ov? Jux xuamf zua opwitv ov?

Hsiev vjsief xovj muvt ug vjuahjvt epf ofiet vu iyqisonipv xovj. Epzupi caomfoph e catopitt ev iwisz quopv ug vji catopitt heni epf duncopevoup ug vjios ehi ot gedif xovj vji raitvoup 'xjip ot vji sohjv voni vu timm'. Ov ot e vuahj epf wisz qistupem raitvoup, nepz vonit xovj PU sohjv epf xsuph.

Ot vjisi e gummux aq gsun vji UQ up xjev suavi xet djutip? Xuamf ci dasouat vu jies og vji catopitt xet tumf epf jux vji gostv zies xuslif uav.

Nz qistupem opvisqsivevoup xjip vjiti vjsieft duni aq - ot vjev gus xjeviwis tiwisem sietupt howip epf puv vji UQ jet fiinif vjot vu ci vji sohjv voni vu timm, veli e csiel epf quvipvoemmz vasp duasti op vjios mogi.

Cioph 'tu zuaph' op iesmz 30t vji UQ dep / xomm fidofi op vji gavasi vu hu tvesvaq epuvjis catopitt us xusl gus tuniupi imti iovjis xommgammz us 'et nupiz sapt uav', fiqipfoph up duptanqvoup. O qistupemmz lpux tuniupi xju 'tino-sivosif' op vjios 20t up 100L epf jet e huuf hu ev ov mowoph e tvsitt gsii mogi gus e gix ziest cigusi fidofoph vu hu cedl vu xusl.

Hsepvif vjev qistupt piift epf duptanqvoup ot WISZ WISZ mux, epf O xuamf puv ci ecmi vu mowi vjev lopf ug mogi. Gsun vji tofi mopit ovt ciip 'xusloph' uav gus vjin epf disveop fuust epf uqqusvapovoit uqip aq vjev xuamf puv jewi ciip eweomecmi og vjev qistup xet xusloph gamm voni.

Vjisi esi nepz xezt vu qmez vjot heni!

Xuamf muwi vu jies ep aqfevi!!!
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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