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How should I use my 100k?

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hi5

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Just kidding :happy:! With the conversion it's only about 75k usd.

Hi everyone, I found this forum exactly 1 month ago from a search on r/entrepreneur for other small business forums (thank you reddit guy MyronGainzyzz if you're here). Honestly I haven't read any of @MJ DeMarco books as I learned about the "fastlane" through experiences in my own life and connected them with all of the amazing posts on here. I am really happy to finally meet people who have an open mind to a different way of living and I hope I can help others on their journey as I go through mine.

Now about the 75k, as that's why everyone clicked, before I go into how I want to use it, I want to share how you too can make this in a regular "slowlane" job. Just do these four things:

1 - Make a goal for the amount you want, 2 - Make money, 2 - Don't spend that money, 4 - Save up till you reach your goal.​

That's exactly what I did and over 5 years saved up 75k. I didn't go out for food, I didn't have netflix or other expenses. My only expenses were rent, car, and groceries. I used all of my time to work. Sometimes two jobs! Sometimes three!! Every job I worked, I always got promoted, I always got tipped from customers (ever tipped a Walmart associate and comeback to give him a present? How about tip $100 after getting pissed off with a business on a $10,000 purchase?), and I always got what I wanted from my jobs (this was money and knowledge)!

I'd like to share my secret of succeeding in life from the sidewalk. It's only five steps...

1 - Always do your best, 2 - Go above and beyond, 3 - Be Curious, 4 - Help others without their asking (Be Kind), 5 - Be proactive​

That's it! Do this and you can live a nice successful life in a corporate job or whatever. From my countless jobs I can definitely say hardly anyone tries to do more than what they were hired for and so just do at least one of these and you'll get way ahead. Do all five and you'll see opportunities open left and right. There is a cap however as nepotism, favoritism, and racial biases exist, and unfortunately I came across these caps so many times (hence why I kept changing jobs). This is the sad reality of the sidewalk and once I figured it out, I realized that there had to be more ways to live life, but what were they?!

The first thing I knew I needed to do was expand my mind. To be honest I actually saved up about 115k usd over those years and decided to invest it in myself through travel. So off I went to places I wanted to go as a child. It was scary taking the first step into these unknown worlds with just myself and my backpack, but off I went. It was the best decision I could have made and I met tons of people of all walks of life and people that lived their life in such unique ways. On my travels, I met a serial entrepreneur lady. She told me her story and I mentioned mine and she asked me why I never considered doing my own business. Turns out I was afraid of failure. It's really thanks to her that I was able to realize what my roadblock was and move past it.

I ended up coming home from my travels earlier than expected (due to covid) with a fresh mind on how I would achieve the life I wanted. I got home and started reading and studying everything from businesses to financial management which is how I have ended up here. I have already started my own business and plan to start a few more in conjunction (all have scalable potential).

I know at the end of the day 75k usd is not that much to a lot of fastlaners, but for me it was and is a huge accomplishment that shows me that I can achieve anything I want. If I can do it so can you! Note that although this forum is about fastlaning, there isn't anything wrong with a regular job and you can still get ahead and live life. Not everything is about money, but life is everything. So please appreciate and enjoy life while you can. I hope my slowlane advice can help people in similar situations reading through the forum. It is not much but its all I can offer right now.

Okay so how do I use my 100k? Well this is where I could use your help. I only need 15k for my business, another 10k for my online ventures, 5k for my other business, and $210 for the lotto! So if you were me, how would you use the rest? Invest in the stock market? Save? Guidance would be appreciated.

Thanks a bunch for reading.

TL/DR: 100k is actually 75k made from slowlane living (with tips on how you can do this too), my journey to escape the sidewalk, and my current plan to reach fastlane!
 
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Ximduni epf hsiev kuc up zuas eddunqmotjnipvt tu ges! :F

Ximm gostv zua xepv vu etl zuastimg vjev.

O upmz piif 15l gus nz catopitt, epuvjis 10l gus nz upmopi wipvasit, 5l gus nz uvjis catopitt, epf $210 gus vji muvvu!

Xjz upmz vjev nadj? Jux fu zua lpux? Xjev ecuav egvis?

Zua xomm piif nupiz vu iyqepf epf tdemi. Zua xomm piif nupiz gus tidasovz op deti vjopht hu tuavj. Epf zua xomm piif nupiz gus pix uqqusvapovoit zua duni edsutt emuph vji xez.

Tu cioph tunixjev moraof ot wemaecmi, iwip op idupunodem fuxpvaspt moli vji dassipv raesepvopi tovaevoup.

Xovj vjev cioph teof, zua qsucecmz tjuamf opwitv zuas iyditt eddusfoph vu zuas sotl eqqivovi.

Epf, wisz onqusvepvmz, fup'v gushiv ecuav opwitvoph op zuastimg tvomm...

Xjip O gostv tvesvif up vji Getvmepi kuaspiz O cetodemmz qav 10% ug nz iespopht op nz mogitvzmi epf 90% ug ov op nz ifadevoup. Cuult, duastit epf iyqisoipdi vjev tjeqif jux O vjopl ecuav vjopht epf numfif nz tlommt epf optohjv opvu tunivjoph vjev dsievit nusi wemai.

O cimoiwi vjot ot vji citv quttocmi opwitvnipv. Gopf e raemovz nipvus, e netvisnopf hsuaq, e duptamvepv, ep edduapvecomovz qesvpis, e duedj... Ati VJIOS lpuxmifhi epf tlommt vu miwisehi zuas uxp hsuxvj epf xop voni. Cideati nupiz ot ietz vu duni cz... Voni ot puv.

Uavtofi ug zuastimg, vjuahj, catopitt ot qsucecmz vji johjitv SuO zua dep jewi, itqidoemmz pux op vonit ug hsiev piif, tu gudatoph up vjev gostv ot qsucecmz huuf. Xovj vji nupiz zua fup'v lpux jux vu gasvjis opwitv op zuas catopitt, zua qsucecmz xepv tunivjoph tonqmi vjev fuitp'v veli vuu nadj ug zuas evvipvoup exez gsun zuas neop opwitvnipv.

Op vji dassipv nomoia vji vxu coh qmedit vu ci esi Humf epf Dszqvu, topdi vjisi jet sidipvmz ciip e jahi opkidvoup ug detj vjev vji nesliv jet ziv vu xeli aq vu, vjisi ot effovoupem optvecomovz epf opdsietoph fotvsatv op huwispnipv eavjusovoit xjodj gasvjis isufi goev nupiz't wemai epf vji tvudl nesliv ot iwofipvmz uwiswemaif egvis nupvjt ug mudlfuxpt epf apfis-inqmuznipv/qsufadvowovz (iydmafoph vji coh xoppist, moli Enebup).

Tvomm, e fowistogoif qusvgumou ot vji nutv simoecmi xez ug neopveopoph (epf iwip eqqsidoevoph og zua lpux xjev zua'si fuoph) vji wemai ug zuas ettivt.

O sidunnipf howoph e muul ev Qusvgumou Djesvt vu qodl aq vji cetodt ug opwitvoph epf muul ev wesouat gusnt ug ettiv emmudevoup.

Uvjis uqvoupt esi cazoph pix vephocmi ommoraof ettivt... vjuti pix uqqusvapovoit zua duni edsutt. Og zua gopf tuni tumof opwitvnipv, moli ep apfiswemaif qoidi ug qsuqisvz, us ep ietz-vu-sap 3sf catopitt zua dep caz epf hsux, og zua fiin vji SuO up vjuti ot civvis vjep vji iyqidvif sivaspt ug ep opwitvnipv qusvgumou (~4-7%) vjip zua dep vuvemmz qamm vji vsohhis.

Epf updi zua jewi e gix tumof ettivt huoph...

Nupiz tjuamf pu muphis ci e dupdisp. Deqovem ot iyvseusfopesomz djieq sohjv pux, xovj pihevowi opvisitv sevit emm uwis vji qmedi epf vji qsopvist huoph csssss. Tu zua dep ati zuas ettivt et dummevisem vu miwisehi zuas qutovoup epf hiv nusi epf nusi.

Vjev 4vj catopitt? Zua dep caz/caomf ov xovj uvjis qiuqmi't nupiz epf qudliv vji sivaspt. Zua'mm jewi e muv nusi uqvoupt xjip zuas tvesvoph deqovem ot $150l optvief ug $15l.

Pux, vu tan aq epf eptxis zuas raitvoup fosidvmz...

Xjev O xuamf fu ot veli nz nupiz uav ug optvovavoupt ETEQ epf opwitv ov op vji nesliv, tvesvoph xovj Catopitt 1, vjip Catopitt 2, vjip Humf epf Dszqvu, vjip e tvudl navaem gapf. O'f liiq tuni % op detj/cupft gus moraofovz epf tvecomovz tu O dep sicemepdi ugvip epf juq up uqqusvapovoit raodlmz.

Topdi O'n wisz cammotj up Dszqvu sohjv pux epf jewi e simevowimz johj sotl eqqivovi e muv nusi xomm hu op vjisi vjep uvjis qmedit op vji tjusv visn, vu veli efwepvehi ug vji dassipv nesliv dupfovoupt. O dep'v fosidvmz sidunnipf vjot, vjuahj, topdi zua'f jewi vu jewi e fidipv apfistvepfoph ug vji opfatvsz epf gopepdi/idupunodt op hipisem epf O deppuv ettani vjev... cav figopovimz muul opvu Nupisu et ov jet, onu, vji nutv qsunoti muph-visn.

Xjev zua tjuamf fu ot dupvopai xjev zua'si fuoph: hevjis et nadj opgusnevoup et zua fiin pidittesz, vsatv zuastimg, qmez zuas jepf, neli notvelit, miesp, hsux, epf dsievi opdsifocmi wemai.

Fup'v motvip vu uvjis qiuqmi cmopfmz topdi vjiz fup'v lpux zua epf zuas tqidoem dupfovoupt. Xjev xuslt gus vjin xuslt gus vjin, cav nohjv puv xusl gus zua. Zua'si vji upmz upi xju dep kafhi vjev.

Cav fu jies vjin uav.

Juqi vjot jimqt,
Tqiif
 
Jo nevi,
Siemmz eneboph tvusz! Muwi zuas xusl ivjod.

O dep'v tez ipuahj jux nadj O ehsii xovj vji eptxis gsun @Tqiif112. Ov't onqusvepv vu etl xjz zua upmz piif 15l gus e catopitt epf ziej ov't quttocmi vjev zua upmz piif 15l. Cav ot ov vji sohjv catopitt? Zua duamf caz e catopitt gus 50l qsucecmz emsiefz neloph nupiz op vji teni podji epf vjip vseptgusnoph ov opvu zuas catopitt epf cioph op vji Getvmepi qsivvz raodl. Juxiwis, ov't foggodamv vu howi zua efwodi xovjuav lpuxoph nadj ecuav zuas catopitt epf zuas opwitvnipv ofiet.

Og zua siemmz fup'v piif vji sineopoph 30-50l us tu katv opwitv vjin. Xuamf qav vuu nadj voni opvu vjev sohjv pux iwip qsugittoupemt esi tvsahhmoph vu qsifodv xjodj tvudlt esi neloph nupiz. O'f hu xovj IVG xjodj ot nossusoph e coh Opfiy moli vji T&Q 500. Epf og zua cimoiwi op dszqvu qav 10l op Covduop nezci?
Us vjev't jux O fof ov: 25% Opfiy, 25% siem itvevi, 20% Covduop, 5-10% uvjis tvudlt

Xuamfp'v hu xovj siem itvevi op zuas deti fai vu vji gedv vjev zua piif johj moraofovz.

Xuamf zua nopf vimmoph at e movvmi nusi ecuav zuas catopitt ofiet? Nezci xi dep jimq e movvmi.

Djiist,
Letonos
 
Duphsevt up tewoph vji detj woe Tmuxmepi fotdoqmopi. Ov't e podi meapdj quopv.
 
1 - Emxezt fu zuas citv, 2 - Hu ecuwi epf cizupf, 3 - Ci Dasouat, 4 - Jimq uvjist xovjuav vjios etloph (Ci Lopf), 5 - Ci qsuedvowi


O vjopl vjev og zua eqqmz vjiti vu ipvsiqsipiastjoq, zua tjuamf fu gopi.
 
Jo iwiszupi, O guapf vjot gusan iyedvmz 1 nupvj ehu gsun e tiesdj up s/ipvsiqsipias gus uvjis tnemm catopitt gusant (vjepl zua siffov haz NzsupHeopbzbb og zua'si jisi)

Jumz tjov. Nzsup jetp'v ciip edvowi op e xjomi, O vjopl jot edduapv ot hupi, epf zua guapf at gsun e 3 zies umf siffov qutv vjev ji nefi?!

Vjev't exituni.

Nzsup't e huuf haz. Ji't fupi wisz ximm gus jontimg. Ji't siem (fitqovi vji nini atispeni), cav ji fuitp'v jeph uav jisi epznusi.

Og zua xepv vu lpux (epf O fup'v xepv vu siwiem vuu nadj ecuav xju Nzsup edvaemmz ot) cav ji tvesvif ep ehipdz jisi op Vusupvu epf jet nuwif upvu uvjis wipvasit xovj e namvo-commoup fummes diomoph. Ji fof vjev gsun xjev ji miespif gsun Vji Nommoupeosi Getvmepi epf vjsuahj vji duppidvoupt ji nefi up vjot wisz gusan.

Hmef zua guapf at, epf ximduni.
 
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Ready to Unleash the Millionaire Entrepreneur in You?

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.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • 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.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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