Hi all,
Been lurking on the forum for a while and thought it time to introduce myself:
My story is very different from most in that I followed the slow lane and actually did well. Both the wife and I are 2nd generation immigrants of dirt poor parents. We both got underprivileged college scholarships, she's now a practicing MD, I'm a PhD engineer. We got good j-o-b's out of college and after 7 years of steady work take half a million a year out of the corporations we work for. In that time we paid off a half million condo which now provided passive rental income (we moved to a 1Mill house when the kids arrived).
So what's my point?
I'm not here telling you this to brag but to tell you that for the last 2 years I've also worked on a side business (it's an electronics gadget used in sports) and after committing every spare evening hour I have to the business (concept, design, manufacturing, website, sales everything....) I've just about made 10K....
For me it's been so much easier to take large paychecks off a corporation than it has to launch and run my own side business. I'm still running the business but so far the slow lane is winning.
I read the forums for inspiration and am always wondering if given my available capital there are better paths than the one I'm on and want to thank all the contributors for their stories. Rich and poor we all want the dream, the challenge of finding the process or method that takes us to fulfillment. For me at every level of success it's always been about the journey, not the end.
Best.
Medic
Been lurking on the forum for a while and thought it time to introduce myself:
My story is very different from most in that I followed the slow lane and actually did well. Both the wife and I are 2nd generation immigrants of dirt poor parents. We both got underprivileged college scholarships, she's now a practicing MD, I'm a PhD engineer. We got good j-o-b's out of college and after 7 years of steady work take half a million a year out of the corporations we work for. In that time we paid off a half million condo which now provided passive rental income (we moved to a 1Mill house when the kids arrived).
So what's my point?
I'm not here telling you this to brag but to tell you that for the last 2 years I've also worked on a side business (it's an electronics gadget used in sports) and after committing every spare evening hour I have to the business (concept, design, manufacturing, website, sales everything....) I've just about made 10K....
For me it's been so much easier to take large paychecks off a corporation than it has to launch and run my own side business. I'm still running the business but so far the slow lane is winning.
I read the forums for inspiration and am always wondering if given my available capital there are better paths than the one I'm on and want to thank all the contributors for their stories. Rich and poor we all want the dream, the challenge of finding the process or method that takes us to fulfillment. For me at every level of success it's always been about the journey, not the end.
Best.
Medic
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