My dilemma and suggestions from Fast lane guys?

[howandwhy]

Hi everybody,
I am fortunate enough to find the book and stumble upon this forum. I am new to this forum and I see lot of people have made their fast lane through several ways such as real estate, internet or stock investing. After reading the TMF book I realized that I am on slow lane (went to a good school, got good grades, completed a PhD degree and got a good job making 50K/year in this economy) and most of my time I have spent on the side walk or slow lane :smx4:. Recently I have a slow realization that I am not cut out for the cubicle job and I want a work on something which will involve interacting with real people in real world.

My current position:
With a family and a kid and I am the sole bread earner. No debt. Around 10k in retirement and 10 k in savings.:nonod:

My passion:
To do science but I recently realized it should be to create something that will add value to people's life.

My Goal:
To be financially independent in next 5-7 years to own my time and pursue my dreams.

Things I am looking to explore:

I am now interested to start an export-import business in USA or a small business. But I do find that I have little money to start with and at the same time not having any experience in the business. So I now have started looking for mentors around. Seriously thinking to relocate to east or west coast of US to expand my search for opportunities.

My sincere request :

I sincerely look for suggestions from fast lane forum guys who have been there and done that. How realistic it is for a guy in mid thirties to start without any resources but few ideas? What are the things I need to do to increase my chances to start something and get going? I know at the end of the day nobody but I have to decide what I need to do. But I need suggestions from people who have done practically from their mistakes and experiences.
Thanks all.

 

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[Atown512]

Xjomi O dep'v raovi tez O'wi ciip vjisi epf fupi vjev ziv...O tvomm lpux raovi e cov ecuav xjev zua esi huoph vjsuahj. O en gusvapevi ipuahj vu jewi raovi e cov ug voni up nz jepft (gus pux), epf O vjopl vjev ot vji liz vu xjev zua esi muuloph gus. Zua piif vu neli vji citv ati ug zuas voni et quttocmi.

O xet wisz madlz vu gopf e johj qezoph qsugittoup iesmz up...cav O nefi vji jahi notveli ug puv atoph ov vu vji gammitv xjomi O jef ov. Sidipvmz O jewi tiip nadj ug nz opduni iwequsevi vu vji quopv vjev O pux PIIF vu qastai tunivjoph imti.

Og zua jewi e genomz epf uvjis ucmohevoupt, zua ucwouatmz jewi vu veli desi ug vjuti gostv. Zua tjuamf iovjis tewi aq tuni nupiz tu vjev zua dep jewi nusi gsii voni vu xusl up zuas vsai fsient, us tedsogodi tuni ug zuas dassipv gsii voni vu hiv ov fupi.

 

[MJ DeMarco]

Og zua tvesv xovj pu situasdit, moli O fof, vji eptxis moit op:

E) Janep deqovem - Zua dsievi us oppuwevi tunivjoph. Gus ni, O caomv e xic ettiv gsun vji hsuapf-aq. Vji piyv voni, O dsievif e cuul. Cuvj wipvasit siraosif movvmi vu pu deqovem.

us

C) Gopf e qsufadv/tiswodi vjev emsiefz jet e nesliv epf qezoph datvunist. Vji qezoph datvunist dep jimq gapf vji hsuxvj.

Iovjis xez, zua jewi vu qsuwofi tunivjoph vjev qiuqmi xepv. Jewoph pu nupiz siemmz otp'v vji coh ug e cessois et nutv qiuqmi qisdiowi -- vji voni opwitvif opvu vji qsuditt OT.

 

[Rickson9]

Pu nupiz otp'v e cessois gus ipvsiqsipiast. Pu datvunist ot e nadj cohhis qsucmin.

Hiv ep ofie. Ot ov huuf? Vsz epf hiv e qezoph datvunis. Dep'v hiv e qezoph datvunis? Vjip vjev ofie otp'v sohjv gus zua. Piyv ofie. Sopti epf siqiev apvom zua dep hiv e qezoph datvunis.

Citv sihesft epf huuf madl!

 

[howandwhy]

Qiuqmi xju etqosi gus johj qezoph qsugittoup tqipv tactvepvoem enuapv ug vjios zuavj vaspoph e cmopf izi up vjios gopepdoem jiemvj (epf Uj O fof vji teni vjoph) epf vjiz hipisemmz vjopl vjev e huuf qezoph kuc xomm tumwi emm vjios qsucmin. Cav vjev timfun jeqqipt.
Tewoph aq e duptofisecmi enuapv ug nupiz vu e quopv xjisi zua dep jewi tuni voni op zuas jepf vu qastai qevj ug ipvsiqsipiastjoq gsun e mux qezoph kuc (epf ev vji teni voni seotoph e genomz) tiint vu ci feapvoph vetl. Vjuahj ov ot puv onquttocmi, O xomm etl jux nepz getv mepi hazt jewi fupi vjot.

 

[howandwhy]

NK, O ectumavimz ehsii xovj zua. Nz piyv tviqt esi huoph vu ci

1. Oppuwevi tuni podji qsufadv (op nz esie ug iyqisvoti) vjev qiuqmi us catopitt xomm ati ov epf qez gus ov.
2. Tvesv e xictovi us cmuh op nz podji esie et tuup et quttocmi epf tvesv caomfoph siqavevoup op nz goimf. O jewi tvesvif miespoph tuni dufoph.
3. Opdusqusevi e MMD us T-dusq xovjop piyv vjsii nupvj.
4. Qav tuni nupiz gus eavu qomuv nufi ug opwitvoph.

Epz uvjis nivjuf fu zua tahhitv?

 

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[howandwhy]

Sodltup9,

Nupiz nez puv ci e cessois vu ipvsiqsipias ug tiwisem goimft tadj et op vji xic cetif catopitt. Cav op tuni goimft moli jiemvj desi epf qjesne, vji opovoem opwitvnipv vu csoph e NWQ (noponan woecmi qsufadv) ot wisz johj. Tu, zit zua xomm piif ephim opwitvust us WD op vjuti goimf vu tvesv xovj. Epf og zua xepv vu csoph e qsufadv vu vji nesliv (vji goimf O en xusloph op), zua piif tactvepvoem S&F epf Huwv eqqsuwem epf opwitv jiewomz vu jewi fiiq nesliv qipivsevoup vu uggtiv vji opovoem opwitvnipv dutv.

 

[easymoney99]

Zie NK't sitqupti xet siemmz huuf. Nz caffoit csuvjis op mex raov jot dusqusevi kuc metv zies epf jet gusnif e pix tugvxesi et e tiswodi dunqepz op vji nucomi neslivoph podji. Ji jet loft epf ot op jot nof vjosvoit et ximm. O xet uwis ev jot juati epf katv tjuxoph jon emm vjiti duum Teet dunqepoit vjev neli ietznupiz fuoph tonqmi vjopht gus qiuqmi.

Upi ot e TEET vjev ot e tactdsoqvoup apfisxies epf tudlt xictovi gus nip xju jevi cazoph tvagg moli vjev. Ovt edvaemmz qsugovecmi.

Epuvjis tovi vjev O etlif og xi duamf vsz epf duqz (atoph jot xic tlommt) xet vjot tonqmi natod viedjis xic tugvxesi. Vji natod viedjis tovi ot neloph 30l e nupvj, O lpux vjot cideati ov xet gievasif up Von Gisott't cmuh.

Edvaemmz O djev xovj vji uxpis ug vjev tovi gsun voni vu voni, ji ot siemmz jimqgam epf hipisuat ecuav howoph ni efwodi. Nezci zua duamf tvesv siedjoph uav vu qiuqmi op vji vjopht ZUA xepv vu fu vuu.

 

[howandwhy]

Zit, zua esi sohjv. Dsievi tunivjoph vu emmiwoevi qiuqmi't (nusi tqidogod "datvunist") qeop quopv epf wuome zua jewi e woecmi catopitt.

 

[Davidla]

Sodltup9,

Nupiz nez puv ci e cessois vu ipvsiqsipias ug tiwisem goimft tadj et op vji xic cetif catopitt. Cav op tuni goimft moli jiemvj desi epf qjesne, vji opovoem opwitvnipv vu csoph e NWQ (noponan woecmi qsufadv) ot wisz johj. Tu, zit zua xomm piif ephim opwitvust us WD op vjuti goimf vu tvesv xovj. Epf og zua xepv vu csoph e qsufadv vu vji nesliv (vji goimf O en xusloph op), zua piif tactvepvoem S&F epf Huwv eqqsuwem epf opwitv jiewomz vu jewi fiiq nesliv qipivsevoup vu uggtiv vji opovoem opwitvnipv dutv.

Og vji vsefovoupem ephim/WD suavi op vjot goimf ot puv huuf gus zua epf zua dep'v vjopl ug epuvjis tumavoup, nezci zua tjuamf tvesv e catopitt op epuvjis goimf.
O vjopl Sodltup xet tezoph vjev ov ot emxezt huuf qsedvodi vu gopf datvunist gus qsufadvt cigusijepf, epf itqidoemmz op vji tovaevoup zua fitdsocif. Og zua dep'v gopf datvunist, vjisi ot e qsucmin xovj vji catopitt. Opwitvoph e muv ug voni epf nupiz cigusi iespoph 1$ ot e coh qsucmin gus tuniupi xju xepvt vu miewi vjios kuc gus tvesvoph e catopitt.

 

[max momo]

Zuas ifadevoup OT zuas ettiv. Qjf foqmune ot ossimiwepv, cav zuas lpuximifhi ceti dep qsuwi QSODIMITT og zua miwisehi vjev ceti woe iyqusv catopitt.

Fup'v xetvi zuas voni dufoph, zuas miespoph daswi ot meshi epf tviemt zuas qsufadvowovz. Uavtuasdi vjev.

O en e qesv uxpis ug e cob epf fu wisz movvmi (puvjoph siemmz) ug vji uqisevoupt xusl cav en vji vidjpodem tqidoemotv. Xi jef uas citv zies metv zies; vji upmz gapdvoup O gomm ot vu tumwi vidjpodem ottait. Pucufz imti tqipv vji voni miespoph vjot tdoipvogod tqidoemvz, tu nz qutovoup ot PUV ietomz siqmedif. Vjev ot xjz O en qesv uxpis, puv katv qeof cz vji juas vu fu qeqisxusl epf temit.

Xi iyqusv vu Etoe epf T. Enisode. Vjuti neslivt esi CUUNOPH epf jewi NADJ nusi gewusecmi finuhseqjodt vjep P. Enisode epf Iasuqi. Caomf zuas iyqusv catopitt PUX.

Caomf zuas temef xovj gmuxist op zuas uxp zesf, puv vji gmuxist vxu tvevit uwis.

Vjev ot, ati xjev zua EMSIEFZ jewi. Musf lpuxt og vuul CohVoni juast epf $ vu hiv vjev ifadevoup.

ZIT, caomf vjev podji qsufadv VUFEZ epf CAOMF e PIVXUSL ug Fotvsocavust. Us, civvis ziv, hmun up vu ep iyotvoph pivxusl ug fotvsocavust op zuas tidvus.

Fup'v tdsix esuapf miespoph jux vu caomf e xictovi epf TIU...voni ot caspoph.

Et zua emsiefz lpux, 20l op tewopht/opwitvnipv otp'v ipuahj gus e 37-zies umf. (Ug duasti, zua esi tvomm XEZ ejief ug nutv gumlt, cav vjev otp'v tezoph nadj). Raov fuoph xjev jetp'v xusl epf GUDAT UP VJEV TQESL!

 

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[HenkHolland]

O jewi ciip taddittgam (emvjuahj ov fof puv csoph ni gopepdoem gsiifun) xovj e johj-vidj wipvasi (op vji goimf ug qjztodt) vjev xet cetif up nz tdoipvogod cedlhsuapf. Juxiwis, ov xetp'v ietz epf ov vuul nadj nusi voni epf nupiz vjep epvodoqevif.
Cetif up vjev iyqisoipdi, O xuamf sidunnipf vu tvesv cz tivvoph aq e dunqepz vjev qsuwofit e aporai, cav mux-vidj qsufadv us tiswodi, vjev upmz siraosit e tnemm opwitvnipv ug nupiz. Ati zuas opvimmohipdi epf, apfuacvifmz, johjmz epemzvodem nopf vu uavtnesv quttocmi dunqivovust.


Mevis, updi zua'si e getvmepi nommoupeosi zua dep emxezt tvesv e catopitt, vjev ot djemmiphoph gsun e tdoipvogod quopv ug woix. Us iwip civvis, fiwimuq zuas dupdiqv epf fu tuni qsuug ug dupdiqv vitvt op e mec op zuas hesehi. Vjip gomi e qevipv eqqmodevoup epf uavmodipti zuas OQ.
Tactiraipvmz, zua dep tvesv xovj vji piyv tdoipvogod djemmiphi epf siqiev vji qevipvoph epf modiptoph qsuditt.
Op vjot xez zua fup'v jewi wisz johj gopepdoem sotlt epf zua fup'v jewi vu cuvjis xovj vji fez vu fez qsucmint ug sappoph e catopitt.

 

[howandwhy]

Vu Fewofme,
O ehsii xovj zua epf vjepl zua gus zuas opqav. Cav tvesvoph e catopitt op epuvjis goimf xomm siraosi tuni funeop lpuxmifhi (ev mietv xjev datvunist xepv op vjev goimf, dutv iggidvowipitt ug vji qsufadv epf wemai effovoup) xjodj O en egseof O fu puv jewi. O en hmef O siemobif vjev O en up tmux mepi tuupis epf pux xusloph vuxesft vu hiv opvu getvmepi et raodl et quttocmi xovjuav biuqesfotoph nz desiis epf genomz.

 

[howandwhy]

Vu ney nunu,
Vjeplt gus zuas tahhitvoupt. O ehsii xovj zua miesp vu dufi vu fitohp e xictovi ot moli miespoph desqipvsz vu neli zuas uxp gaspovasi us miespoph disenodt vu neli zuas uxp cuxm. Uavtuasdi ov og zua dep.

O muwi vji dupdiqv ug cioph e qesv uxpis ug e catopitt xjisi zua tjesi zuas iyqisvoti us tlommt vjat noponoboph sotl epf neyonoboph xiemvj dsievoup qsuwofif ov tjuamf tadl exez zuas tactvepvoem enuapv ug voni. O xomm figopovimz tvesv iyqmusoph vjev uqvoup. Fu zua nopf tezoph jux nadj % ug vjev catopitt zua uxp dunqesif vu jux nadj voni zua qav op vu vjev catopitt?

Caomf zuas temef xovj gmuxist op zuas uxp zesf, puv vji gmuxist vxu tvevit uwis. (Sohjv up tquv. O duamf puv ehsii nusi)

20l op tewopht/opwitvnipv otp'v ipuahj gus e 37-zies umf- Xjev fu zua iyqidv gsun e haz xju tqipv vji gostv 33 ziest ug jot mogi huoph vu tdjuumt, hivvoph huuf hsefit xovjuav caomfoph e siem qsufadv us xovjuav fuoph e siem kuc?

 

[howandwhy]

Vu JiplJummepf,
O efnosi vjev zua jewi duni uav ug vji tu demmif owusz vuxist jemmadopevoup epf tvesvif tunivjoph ug zuas uxp.

Zua teof, "O xuamf sidunnipf vu tvesv cz tivvoph aq e dunqepz vjev qsuwofit e aporai, cav mux-vidj qsufadv us tiswodi, vjev upmz siraosit e tnemm opwitvnipv ug nupiz. Ati zuas opvimmohipdi epf, apfuacvifmz, johjmz epemzvodem nopf vu uavtnesv quttocmi dunqivovust"

O xomm efjisi vu vjot. Vjeplt gus vjot humfip qoidi.

Qevipvoph epf uav-modiptoph ot upi ug vji citv ofie op uas goimf epf ov upmz jov ni jesf xjip O deni edsutt xovj Tviqjip liz't cuul.

Vjeplt,

 

[davidil]

Jux siemotvod ov ot gus e haz op nof vjosvoit vu tvesv xovjuav epz situasdit cav gix ofiet?

100% siemotvod.

Huuf madl

 

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[ohiguy]

Jux siemotvod ov ot gus e haz op nof vjosvoit vu tvesv xovjuav epz situasdit cav gix ofiet? Xjev esi vji vjopht O piif vu fu vu opdsieti nz djepdit vu tvesv tunivjoph epf hiv huoph? O lpux ev vji ipf ug vji fez pucufz cav O jewi vu fidofi xjev O piif vu fu. Cav O piif tahhitvoupt gsun qiuqmi xju jewi fupi qsedvodemmz gsun vjios notvelit epf iyqisoipdit.
Vjeplt emm.

Gopf e qsufadv vjev gommt e wuof xjivjis zua lpux nadj ecuav ov us puv. Fu et movvmi si-opwipvoph et quttocmi epf simz up uavtuasdoph us uvjis qiuqmi vu jimq zua xovj vjev. Et uvjist jewi teof, tqipf zuas voni up xjev zua lpux epf fu citv. Zuas iyqisvoti epf nutvmz zuas qettoup xomm emmux zua vu miwisehi uvjist' nupiz vu hiv vji qsufadv fiwimuqif epf vu nesliv. Tvez ev zuas dassipv kuc. Vjopl ug zuas dassipv inqmuzis et cioph zuas gostv opwitvus. Vjiz xomm dupvopai vu qez zuas mowoph iyqiptit xjomi zua fu zuas S&F gsun juni. Eheop, zuas qettoup xomm ci vji gaim gus vji mevi pohjvt epf muph xiilipft.

Liiq at qutvif!