Where am I now?
I'm 34. In 2010 I left a corporate job I hated, threw away job security and took the leap into the unknown. I started my own business. Currently the gross profit of $50k a year.
I have a wife, kid and another baby on the way to support. I work from a home office and love the lifestyle my business has afforded me in terms of flexibility and time to spend with my kid. But money is tight and so far I have been using savings to live. The company cant afford to cover a salary for me at the moment.
Deep, below all my fear, I know I can do this. Why I havent frustrates me no end. My confidence reached an all time low about a month ago, but for some reason I seem to have recovered it, perhaps because Im no longer in denial about how bad things have got.
What are my immediate goals?
I need to make an additional $25k before the end of this year. The price of failure is that I will have exhausted my savings and have to call it a day and find another corporate job.
How do I get there?
I have built a good brand with my company, it appears reasonably well respected by target customers. Customers are large corporates and product price ranges are $8k - $20k. As yet not one of these had bought, mainly because I have targetted a few and when they failed this went to the back burner.
Small businesses by a different product which goes for between $500 - $1000.
What am I currently working on?
Determining a set plan of how I re-engage customers. Over coming my fear.
Getting back into shape, over the last year I let myself go. Im now going to the gym several times a week and have already seen the pounds coming off... Im starting to feel good about myself and it feels great to get to the end of the day and feel like I have lots of energy left.
Roadblocks
Me. I am my greatest enemy.
I have an immense fear of failure, which limits the risk I take, and leads to a massive amounts of procastination. For the last year and a half I have been putting off taking risks, fearing that clients would reject what I was offering and so me. I try to wait for things to be perfect before moving.
Because of the size of companies I am dealing with the buying cycle tends to be long, so it can be devasting to motivation when they decide they dont want it.
My new matra is : "A good plan violently executed now is better than a perfect plan executed next week."
What I need from you guys:
I will aim to update this thread every few days as a way to keep track of what Im doing. I will be brutally honest, and in return I expect you guys to kick my a$$ :lame: when I fail to do stuff, and cheer me on when I do.
Jack's Big Idea
I'm 34. In 2010 I left a corporate job I hated, threw away job security and took the leap into the unknown. I started my own business. Currently the gross profit of $50k a year.
I have a wife, kid and another baby on the way to support. I work from a home office and love the lifestyle my business has afforded me in terms of flexibility and time to spend with my kid. But money is tight and so far I have been using savings to live. The company cant afford to cover a salary for me at the moment.
Deep, below all my fear, I know I can do this. Why I havent frustrates me no end. My confidence reached an all time low about a month ago, but for some reason I seem to have recovered it, perhaps because Im no longer in denial about how bad things have got.
What are my immediate goals?
I need to make an additional $25k before the end of this year. The price of failure is that I will have exhausted my savings and have to call it a day and find another corporate job.
How do I get there?
I have built a good brand with my company, it appears reasonably well respected by target customers. Customers are large corporates and product price ranges are $8k - $20k. As yet not one of these had bought, mainly because I have targetted a few and when they failed this went to the back burner.
Small businesses by a different product which goes for between $500 - $1000.
What am I currently working on?
Determining a set plan of how I re-engage customers. Over coming my fear.
Getting back into shape, over the last year I let myself go. Im now going to the gym several times a week and have already seen the pounds coming off... Im starting to feel good about myself and it feels great to get to the end of the day and feel like I have lots of energy left.
Roadblocks
Me. I am my greatest enemy.
I have an immense fear of failure, which limits the risk I take, and leads to a massive amounts of procastination. For the last year and a half I have been putting off taking risks, fearing that clients would reject what I was offering and so me. I try to wait for things to be perfect before moving.
Because of the size of companies I am dealing with the buying cycle tends to be long, so it can be devasting to motivation when they decide they dont want it.
My new matra is : "A good plan violently executed now is better than a perfect plan executed next week."
What I need from you guys:
I will aim to update this thread every few days as a way to keep track of what Im doing. I will be brutally honest, and in return I expect you guys to kick my a$$ :lame: when I fail to do stuff, and cheer me on when I do.
Jack's Big Idea
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
