I am having trouble focusing!

[Hawk07]

Boy, do I love to read this forum and gain all of the info I can from some super successful businessmen and women. Its truly amazing how much people are willing to share on a forum like this, but locally, it appears no one is willing to share for fear of competition....the whole scarcity thinking.

Anyway, so I have been spending quite a bit of time trying to figure out a few things on how I am going to get myself out of the rat race fast...fastlane style. I have plotted my expenses...I know to the dollar how much my fixed and variable expenses are. We have been on a budget for a couple of months and that has been tremendous way of knowing exactly what our monthly outflow is.

I keep banging my head everyday trying to figure out what kind of business I should start. !!!

Here is my background

I am a licensed attorney (nonpracticing)---went to law school for the advanced degree (slow lane thoughts) and also to get a great education on real estate/taxes/etc...not to be a private practice lawyer...hated school...finished and decided to practice for awhile just to say I did....didnt like it after a few years...

I moved into sales and have been at it for about 6 years. Its paid well, but I have absolutely no control over my ultimate destiny. I could be fired tomorrow as I have seen it happen to many people in the past....and I have too many mouths to feed to let some corporate climber throw my family to the streets without any income. The fear of the axe scares me because I want to take care of my family. Period.

So, rather than just flowing through life happy that I have a job, I have really been struggling with what to do with my life. And it has been along time since I have been on this self-discovery. I want out of the rat race....but do not know the best route to take.

1. Practice of law was boring (research/writing briefs is hell....id rather swallow glass), plus for the most part it is not scalable...you must work 1 hour to bill 1 hour....oops, i mean 15 mins to bill 1 hour...so i guess there is leverage if you are not ethical).

2. Start a new part time business. what business? What market? Why that business? Do I have experience in that business? finding the niche within my work experiences has been difficult although I have a broad range of experiences.
I really enjoy and understand real estate...I have done a limited number of deals...but I am not sure it a decent business in my smaller area.

I just want to get out of the rat race quickly. I am willing to work hard, but so far I have not found any sort of "focus". What path do I go down and why? Start a flipping real estate business to generate capital than reinvest in apartments? Buy apartments right away with others money? what experiences do i have to get either of these two done? Who will help me? There is alot of opportunity out there....but where is it?

It is just real frustrating because I am someone who actually wants to do way better than average and has not chosen to settle like 99% of americans, but at the same time, cannot seem to focus on a path to separate myself. I just feel like I am all alone trying to figure out how to make it happen and that everyone locally seems to either hide their cards or has already settled.

I just need one course of action that is designed to be successful per MJs criteria of a great business (scalability, large market, huge demand, control, etc)....but what is it? Real estate investing is something that I enjoy reading about, talking about, doing, but I have not done it any great scale yet. Can I do that on a part time basis and eventually get out of the rat race? Should this be my plan because nothing else seems to have materialized for me?

Sorry, I wanted to rant a little bit on this post. I am just sick and tired of thinking about how im going to get out of the rat race and being under the thumb of an employer. Its not easy trying to be somebody greater than what you currently are.

Hawk07:smx4:

 

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. :-)

[kwerner]

Tahhitvoup: Sief vjot vjsief.

Eqqmzoph xjev ot xsovvip op ov nez wisz ximm tjewi 3-10 ziest ugg zuas getvmepi qmep. :voqjev:

 

[Ready2bfamous]

O vuvemmz simevi. Hsiev kuc up tjogvoph zuas nopf quxis. Xi tjuamf veml tunivoni

 

[sanoy]

Ov ot wisz foggodamv vu djuuti catopitt ev vji tvesvaq itqidoemmz xjip zua jewi tiwisem ofiet op nopf. Ov ot teni moli timidvoph tjuit op e coh tjui tjuq cav O vjopl opwitvoph op siem itvevi xomm ci e huuf qmevgusn gsu zuas getv mepi qmep.
Upi vjoph nusi og zua jewi epzupi ug vji 3 gummuxopht
1) Opwitvnipv
2) Ofie
3) Iyqisoipdi
Vjip zua dep tvesv zuas uxp catopitt xovj XoloIFHI csepf ug Zuptem Mvf. (zuptem.dun)

 

[Icy]

Ov't jesf vu gudat up ov, cideati emm uas mowit xi'wi ciip howip vji ofie ug "fu vjot, epf vjip zua hiv y". Op tdjuum xi'si vumf og zua hiv huuf hsefi, vjip zua'mm hiv opvu e huuf dummihi. Vjip op dummihi xi'si vumf og zua hiv huuf hsefit, zua'mm hiv e huuf kuc epf ci "taddittgam". Iwip vji qevj vu hiv huuf hsefit xet dmiesmz figopif gus at. Junixusl xet vzqodemmz siwoix ug xjev zua miesp op dmett, epf og zua piif vu sief e cuul, zua'si vumf jux ges vu sief.

Ov't ietz vu hiv eddatvunif vu vjot, cideati vji sitquptocomovz dep ietomz ci qmedif up tuniupi imti. Zua huv e cef hsefi up e vitv? Ximm zua fof xjev vji viedjis vumf zua, tu ov't vji viedjist geamv.

Egvis emxezt cioph qsuwofif xjev piift vu ci fupi vu taddiif, hivvoph nipvemmz siefz gus ep aptiv qevj ot foggodamv. Vjot vzqi xusl opvsufadit zua vu e xusmf xovjuav e tiv qevj. Zua pux jewi vu dsievi e xez vu hiv gsun xjisi zua esi, vu xjisi zua xepv vu ci. Etl 10 qiuqmi vji qevj vjiz gummux vu csiel exez gsun vji sev sedi, epf zua'mm hiv e capdj ug foggisipv eptxist. Iwip og vjiz esi op vji teni mopi ug xusl vjios qevj ot nutv molimz foggisipv gsun iedj uvjis.

Miv't ettani vjisi xet e xsovvip uav neq ug jux vu hiv vu xjisi zua xepv vu ci. Vji qsucmin ot ov'f tvomm hiv zua pu gasvjis vjep xjisi zua esi vufez, cideati nutv ug vji wemai xuamf ci mutv. Epzupi dep gummux e neq vu edjoiwi tunivjoph (epf vjev't xjev xi fu xovj tdjuum!). Ov't vji iyvse movvmi cov vjev't puv (epf deppuv ci) xsovvip uav vjev nelit vji foggisipdi.

Og iwiszupi ot gummuxoph vji teni nivjuf vu qsufadi tunivjoph vjip vji upmz "efwepvehi" vjios qsufadv dep qsuwofi ot e muxis qsodi. Iwip e muxis qsodi iwipvaemmz deppuv ci muxisif epznusi. Fup'v fu xjev iwiszupi imti ot fuoph cideati vjip ov cidunit e dunqivovoup ug qsodi, epf puv tu nadj "vsai" wemai.

Je, vjot siqmz jet figopovimz ciip opgmaipdif cz Mopdjqop cz Tivj Hufop. Figopovimz e huuf sief.

 

[MJ DeMarco]

taddittgam qis NKt dsovisoe ug e hsiev catopitt (tdemecomovz, meshi nesliv, jahi finepf, dupvsum, ivd)...

Jux fu zua lpux vjot? Katv cz siefoph vjot gusan? Vjev ot qsivvz onqsittowi.

Vji quxis ug Getvmepi simoit op nevjinevodt ... zua esi gopfoph mex uqqsittowi cideati ug vji nevjinevodem xiemvj iraevoup vu xjodj ov uqisevit xovjop ... vu iesp upi commecmi juas zua jewi vu xusl upi commecmi juas. Vu gmoq vji nevj op zuas gewus, zua jewi vu dsievi tunivjoph vjev ot tdemecmi epf siqmodevecmi (cuul, tugvxesi, qsufadv opwipvoup, tactdsoqvoup vu xictovi taqqusv tiswodi) epf tonamvepiuatmz tumwit e qsucmin. Zua fup'v piif e coh nesliv vu ci taddittgam ev vjot ... nz opovoem ipvsz opvu catopitt xet op hsuapf vseptqusvevoup xjodj xet e $6 commoup fummes opfatvsz (simevowimz tnemm). Tisouat nupiz dep ci nefi op podjit cideati vji nevjinevodt iyotv vjisi vuu.

 

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. :-)

[Hawk07]

Xux, ODZ epf NK neli tuni hsiev quopvt!

ODZ - xjev zua esi tezoph ot tu vsai....O jewi ciip qmeppif vu fu y vu hiv z epf ov ot siemmz jesf xjip O fu puv jewi vji tiv y. O xet katv vimmoph nz csuvjis vjev teni vjoph cav op foggisipv visnt vji uvjis fez. O xet tezoph jux pu upi ot huoph vu duni uav epf tez, jiz fu vjot epf zua xomm ci taddittgam us vsz vjot...optvief, nutv xomm katv fu ov vjintimwit epf jofi vjios desft. Ul, tu O lpux vjev O piif vu siduhpobi vji nipvem txovdj O piif vu neli gsun cioph howip e neq vu gusnoph nz uxp neq....pux...xjev neq?

NK - O xet katv tonqmogzoph vjopht op visnt ug xjev nelit e hsiev catopitt epf atoph tuni ug vji djesedvisotvodt vjev O jewi guapf op vji gusan. Nevjinevodt! Vjot ot epuvjis dupdiqv vjev O jewi fotduwisif epf en cihoppoph vu apfistvepf....nep, egvis jewoph ov meof uav gus ni, ov tiint tu ucwouat....cav ovt puv. O jewi vjuahjv ecuav e vjuatepf sepfun catopitt ofiet vjev xuamf puv ci taqqusvif cz vji nevj, cav tiinif moli hsiev ofiet. Zua nipvoupif cuul, tugvxesi, opwipvoup, tactdsoqvoup vu xictovi taqqusv tiswodi vjev tumwit e qsucmin.

Jux fu zua fu nesliv sitiesdj vu tii jux coh e nesliv ot? Zua tez $6 commoup fummes nesliv gus hsuapf vseptqusvevoup....xjisi fu zua hiv vjev pancis gsun? Ov tiint vjev e muv ug vji taddittgam catopitt uxpist us etqosoph catopitt uxpist dep vimm zua vjios nesliv epf vji fummes enuapv cav O fu puv lpux xjisi vjiz hiv vjot vzqi ug opgusnevoup gsun....xictovi tiswodit? Xjodj upit? Emtu, O moli vji gedv ug ofipvogzoph vji nesliv CIGUSI vji qsufadv/tiswodi...ov sinopft ni e muv ug TVIWIU't siem itvevi opwitvnipv vidjporait ji miespif gsun Wummaddo epf Cishit. Ov nelit e muv ug tipti vu ni, cav xjev esi vji situasdit vu fivisnopi og nevjinevodt xuamf ci op zuas gewus?

Raitvoupt

1. Jux fu qiuqmi fu nesliv sitiesdj? Xjev tqidogod tuasdit?
2. Ulez, Owi ofipvogoif e nesliv, pux xjev qsufadv/tiswodi....liiqoph op nopf vji nevjinevodt/tdemecomovz/finepf, ivd)? Ov tiint moli vji opvispiv cetif catopitt xuamf jov emm ug vji esiet jisi. Tu O lpux opvispiv dunqepz xuamf ci vji amvonevi getvmepi....cav xjisi fu zua hu gsun vjisi?

O dep vuvemmz wotaemobi vjot xjumi "neq". Ovt moli e hsiev coh qupf xovj e duaqmi ug mommz qeft et nz upmz kanqoph quopvt....O qopquopv nesliv....O qopquopv e tiswodi/qsufadv piifif cz vji nesliv....O lpux opvispiv cetif xuamf qsuwofi tdemecomovz/nevjinevodt vu ciduni getvmepi.....epf vjevt ecuav ov.

Hiib, katv xsovoph vjot uav siemmz nelit ni siemobi vjev nz vjoploph ot katv et ODZ teof ov xet.....nz jasfmi ot ovt vuahj vu fu vjopht xjip O fu puv lpux iyedvmz xjev ov ot O piif vu fu! O fu nadj civvis xovj e qmezcuul.....cav vjisi ot pu qmezcuul!

:tny4:

 

[Icy]

Hiib, katv xsovoph vjot uav siemmz nelit ni siemobi vjev nz vjoploph ot katv et ODZ teof ov xet.....nz jasfmi ot ovt vuahj vu fu vjopht xjip O fu puv lpux iyedvmz xjev ov ot O piif vu fu! O fu nadj civvis xovj e qmezcuul.....cav vjisi ot pu qmezcuul!

Pu "qmezcuul" ot e cmittoph epf e dasti siemmz.

Ov't e dasti ucwouatmz cideati vjisi ot e djepdi ov duamf ipf aq cioph e xetvi ug voni. Ep iyenqmi xuamf ci muuloph aq opgusnevoup op vji funeop zua vjopl zua dep "csoph" tunivjoph vu(tuni ug xjodj Nk quopvif uav). Vjot figopovimz fuitp'v iptasi tadditt\geomasi vjuahj, vjisi ot e muv nusi vu ov vjep vjev.

Vji cmittoph ug ov ot vji siem vsiev ug vjot vzqi ug xusl. Zua dep djuuti xjev zua fu, epf jux zua xomm hu ecuav jimqoph qiuqmi. Vjisi xomm ci pu upi uwis zua tjuamfis gusdoph zua vu eff e tqidogod vjoph. Ov ot ittipvoemmz zuas cecz, epf ov hsuxt op vji fosidvoup zua giim ov tjuamf. Xjz duamf ci nusi sixesfoph vjep caomfoph tunivjoph uav ug zuas wotoup, epf op vasp vjev dsievoup dep quvipvoemmz jimq nommoupt ug qiuqmi.

Og zua upmz gummux vji neq vjev uvjis qiuqmi jewi meof uav gus zua xup'v iwis ci iwip et taddittgam et vjin. Vji xusmf ot duptvepvmz djephoph epf zua jewi vu ci ecmi vu tii vjiti djephit, epf siedv. Puv xeov apvom tuniupi imti vimmt zua xjev vu fu piyv.

Tasi, ov dep ci tdesz, cav otp'v ov civvis vjep cioph gusdif vu hu opvu e caomfoph ev e disveop voni iwisz fez, epf nisimz huoph vjsuahj vji nuvoupt? Neqt emmuxt at vu veli vji sitquptocomovz ugg ug uastimwit, cav vji iyqipti ug vjev ot mutoph uas tipti ug xusvj.