- Joined
- Dec 27, 2016
- Messages
- 261
Rep Bank
$1,165
$1,165
User Power: 139%
TLDR:
Good of 2020: Everything worked out pretty fine, I achieved my goal of becoming location independent.
Bad of 2020: I failed in my endeavor to make this myself, instead COVID did it.
I wanted to replace my sleazy engineering job with a webdesign business, collaborated with a friend of mine who does SEO for years.
Financially we had a breakeven but the business is an absolute shithole. We were the last priority of clients: questions go unanswered, payments are late and clients are super stringent about things that does not matter for them.
I started the business to rank them higher in Google with fast websites. They want me to change the thickness of the underline in this or that text. To earn 2k€, I needed to deal with the project more than 70 hours.
Meanwhile, COVID happened and seems my company is going to allow work 100% remote. My job is quite easy (performance depends on my technical knowledge, not hours worked). So webdesign became useless for me. I am already being paid well enough and I can work remote. Why work to create a second job? At the end, webdesign is also not infinitely scalable.
Instead, I am now seeking for ideas to start something that I can make an exit in 3-4 years and can bring 7 figures to me.
Meanwhile:
- Invested some money to renovate our inherited flats (around 8k€), to rent them out.
- Invested some money to buy a flat (around 6k€) that gives monthly surplus after rent & expenses.
- Lost some money in stocks (around 6k€) but on the road to recover back now.
Good of 2020: Everything worked out pretty fine, I achieved my goal of becoming location independent.
Bad of 2020: I failed in my endeavor to make this myself, instead COVID did it.
I wanted to replace my sleazy engineering job with a webdesign business, collaborated with a friend of mine who does SEO for years.
Financially we had a breakeven but the business is an absolute shithole. We were the last priority of clients: questions go unanswered, payments are late and clients are super stringent about things that does not matter for them.
I started the business to rank them higher in Google with fast websites. They want me to change the thickness of the underline in this or that text. To earn 2k€, I needed to deal with the project more than 70 hours.
Meanwhile, COVID happened and seems my company is going to allow work 100% remote. My job is quite easy (performance depends on my technical knowledge, not hours worked). So webdesign became useless for me. I am already being paid well enough and I can work remote. Why work to create a second job? At the end, webdesign is also not infinitely scalable.
Instead, I am now seeking for ideas to start something that I can make an exit in 3-4 years and can bring 7 figures to me.
Meanwhile:
- Invested some money to renovate our inherited flats (around 8k€), to rent them out.
- Invested some money to buy a flat (around 6k€) that gives monthly surplus after rent & expenses.
- Lost some money in stocks (around 6k€) but on the road to recover back now.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
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!
Join Today