Listening MJ’s books, reading stories of many of you is great way to continue further questioning my life. My story is not as interesting as many of you have. I want to thank you for writing them, they inspire and make me question my plan for success/freedom.
I like to get your opinion, criticism and wisdom from lessons you learned, trying to prevent learning just from my mistakes.
My background:
· Basic education, I never like school but I like work, money and progress. I have 5 year culinary trade school.
· I was born in Prague and came to US when I was 20 year old. I was not very happy in Czech Republic and I welcome opportunity to come to US.
Progress to current situation:
· First years were little struggle but I really enjoy it. Learning language, being on my own. It was awesome. I worked in Gulfport cleaning Walmart’s and Cinemas, then move to LA. (2000 - 2002)
· In LA I start working in restaurant and as a second job I worked in auto detailing shop where I meet Paintless Dent Removal technician. The guy made more in couple hours then I did in week. Back then my perception of rich was making more then $300/ day . (2002 – 2004)
· Through some struggle I learned Paintless Dent Removal and since no one want to employ me I started work for my self. This was very rewarding in personal and financial growth. Unfortunately the stage of happiness didn’t last long. The money didn’t answer uncertainty in my life and something was missing. I believe, subconsciously I knew I was trading hours of my life for future promises of freedom. I didn’t understand it yet fully, so I interpreted this void by needing to make more money and starting to invest and being “business man”. (2004-2008)
· I started mobile bumper repair with good friend of mine which has been bad failure and I almost lost $50k, since I didn’t want to lose the money I used supplies from bumper business and open 1 bay shop which grew into collision shop where I am now. There was lot of trial and error and it took from 2008 – present.
Problems:
· My business is not self-sufficient, although I working on it for couple years it’s still just well-paid job with 8 employees
· I don’t see path out yet, still seeking how to brake out of the rat race (that’s how I stumbled on TFM, then this forum).
· I got comfortable working 60-80hrs/ weel if I am financially rewarded. I still have believes questioning if I can have life like some of you have. Make money and still enjoying life while you are in younger age.
Outcome I working on:
· FREEDOM, I know it’s sounds funny from someone who is slave at his own business. But freedom was always my engine. I remember when I was little kid and talk to my dad, I told him I will not be like him, working hard, get home, work some more, then repeat. Now I doing almost same think.
· So the goal is to:
The problem is, especially after reading TFM, I don’t really like my plan anymore. I already busting my self for 25 years. And do another 12-15 like this sounds dry and unsatisfying. I am in place where I have some savings but not sure how to use them to make more money incorporating CENTS commandments. Any pointers from those walked the path? Thank you guys, I really appreciate it.
I like to get your opinion, criticism and wisdom from lessons you learned, trying to prevent learning just from my mistakes.
My background:
· Basic education, I never like school but I like work, money and progress. I have 5 year culinary trade school.
· I was born in Prague and came to US when I was 20 year old. I was not very happy in Czech Republic and I welcome opportunity to come to US.
Progress to current situation:
· First years were little struggle but I really enjoy it. Learning language, being on my own. It was awesome. I worked in Gulfport cleaning Walmart’s and Cinemas, then move to LA. (2000 - 2002)
· In LA I start working in restaurant and as a second job I worked in auto detailing shop where I meet Paintless Dent Removal technician. The guy made more in couple hours then I did in week. Back then my perception of rich was making more then $300/ day . (2002 – 2004)
· Through some struggle I learned Paintless Dent Removal and since no one want to employ me I started work for my self. This was very rewarding in personal and financial growth. Unfortunately the stage of happiness didn’t last long. The money didn’t answer uncertainty in my life and something was missing. I believe, subconsciously I knew I was trading hours of my life for future promises of freedom. I didn’t understand it yet fully, so I interpreted this void by needing to make more money and starting to invest and being “business man”. (2004-2008)
· I started mobile bumper repair with good friend of mine which has been bad failure and I almost lost $50k, since I didn’t want to lose the money I used supplies from bumper business and open 1 bay shop which grew into collision shop where I am now. There was lot of trial and error and it took from 2008 – present.
Problems:
· My business is not self-sufficient, although I working on it for couple years it’s still just well-paid job with 8 employees
· I don’t see path out yet, still seeking how to brake out of the rat race (that’s how I stumbled on TFM, then this forum).
· I got comfortable working 60-80hrs/ weel if I am financially rewarded. I still have believes questioning if I can have life like some of you have. Make money and still enjoying life while you are in younger age.
Outcome I working on:
· FREEDOM, I know it’s sounds funny from someone who is slave at his own business. But freedom was always my engine. I remember when I was little kid and talk to my dad, I told him I will not be like him, working hard, get home, work some more, then repeat. Now I doing almost same think.
· So the goal is to:
- Create live style where I don’t need to work to live (I will still work, I like meaningful work and progress, but I want to do it not because I have to).
- Have time to enjoy life and money I making and brake the cycle in my family and for further generations.
· My plan to do so is/was:- Have time to enjoy life and money I making and brake the cycle in my family and for further generations.
- I believe economy will shift by 2020. I want to buy existing property for Collision shop within $2 mil,
- Paid the loan within 12 years and build my business to self-sufficient operation.
- Then sell my business (without property) and live on roughly $15 000 from property + $500k – 700k from business.
- Paid the loan within 12 years and build my business to self-sufficient operation.
- Then sell my business (without property) and live on roughly $15 000 from property + $500k – 700k from business.
The problem is, especially after reading TFM, I don’t really like my plan anymore. I already busting my self for 25 years. And do another 12-15 like this sounds dry and unsatisfying. I am in place where I have some savings but not sure how to use them to make more money incorporating CENTS commandments. Any pointers from those walked the path? Thank you guys, I really appreciate it.
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