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jpr40

New Contributor
Read Fastlane!
Joined
Nov 7, 2022
Messages
2
Hello everybody,

I'm not usually active in forums or social media in general. But after reading through some of the forums here and MFL, I've decided to take a chance here.

As of today, I am 18 years old and just graduated from high school with my AA. At the time being, I have decided not to go to college and instead got a job as a Sales Rep for a reputable company. From the very beginning, I told myself "If a college won't pay me to go, I won't."

I don't necessarily have a plan at the moment, but I've always enjoyed entrepreneurship. During middle school/high school, I built up my own lawn mowing business - I had about 10 clients every week while I balanced college classes and another part time job. Did homework for other kids as a side hustle too. Albeit, I've also had failed businesses as well. The biggest one to date was a Selfie-Ring Light drop shipping business that I invested wayyy too much in.

Right now, I'm working on something bigger than I ever have before. During high school, I wrote a research paper on an experimental type of technology. I don't know if I should get into too much, but I managed to recreate something that cost $1200 into something that cost me about $50 to make. The problem is, it needs more development. I'm saving most of the money from my job until I can find a laboratory or college that can provide me with the equipment and knowledge that I need to make a minimum viable product (MVP). So far I've emailed about 9 different colleges/institutions/professors with plans to find more.

Another problem I think I'm going to run into is competition. So far, there is 1 company in China beginning to produce it. This isn't something I'm too concerned about, because I have ideas of going into directions that I don't believe they are. However, they do account for approximately 30% of the field I want to get into.

I don't have a formal company or trademark/patient yet, mainly because I'm still learning about basically everything and my design isn't something that could be patented just yet, but I think I'm close. Would anybody have any advice on where to go from here? Are there any of you who have developed some sort of scientific product before?

Also, thank you @MJ DeMarco. I've read a few books on entrepreneurship, but not a single one provided me with as much knowledge as you did in MFL. I read through the whole thing in a day and a half. I'll most likely end up reading it again. I've always wanted to take this route, and yours words help me formulate my goals into something that sounds extremely achievable, plus you brought me here.

I can't wait to read and learn from all the stories this forum has to provide. Thank you everyone.
 
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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 achieve 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-circl, 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

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