Hello fastlaners,
I want to go fastlane and am still doing my research on business ideas.
I'm a 24 year old french student currently finishing a Master 2 in law and management of cultural heritage (equivalent to a Master of Arts in the UK or US). I also have a law degree. I enjoy producing music, have some of my sounds on soundcloud, but haven't done much in the last 3 years. I'm also interested in self-developpement. Today, I ask for your advice between 2 options :
Option 1 : I candidated a few months ago and recently was accepted in an another Master 2 focused on IP law focused (copyrights, patents, trademarks), at the Center for international intellectual property studies, starting in september. At the start, I tough this could serve a fastlane strategy : I would acquire the knowledge on how to manage IP in a business while working in the next few years as a legal sollicitor in that domain and save and invest the job income in my constructing business. The problem is I calculated the cost and realised that I should get a student loan (about 10 000 to 15 000 euros) in order to cover the main necessities fo that last year of education. A week-end job would be difficult alternative as there might be some lectures on saturday mornings (and the course itself is apparently time consuming).
Option 2 : On the other hand, I've been thinking of going back to my family's place to read and lauch a business and pass my driving licence. I would also be able to do my sport regulary and have the health benefits from living by the sea. As I'm interested in the music industry, I was thinking of creating a youtube channel and giving tutorials, selling my beats, but from what I've heard it's an oversatured market, might be a "do what you love" trap and so doesn't respect CENTS. Furthermore, I have 7 000 euros saved up from a current job, and there aren't many job opportunies near my family's home.
I've done a Weight Decision Average Matrix stating that I should take option 2, but it's very close with option 1.
What do you think I should do ? Which of these 2 options is more interesting in a fastlane perspective ? Any tought is welcomed.
I want to go fastlane and am still doing my research on business ideas.
I'm a 24 year old french student currently finishing a Master 2 in law and management of cultural heritage (equivalent to a Master of Arts in the UK or US). I also have a law degree. I enjoy producing music, have some of my sounds on soundcloud, but haven't done much in the last 3 years. I'm also interested in self-developpement. Today, I ask for your advice between 2 options :
Option 1 : I candidated a few months ago and recently was accepted in an another Master 2 focused on IP law focused (copyrights, patents, trademarks), at the Center for international intellectual property studies, starting in september. At the start, I tough this could serve a fastlane strategy : I would acquire the knowledge on how to manage IP in a business while working in the next few years as a legal sollicitor in that domain and save and invest the job income in my constructing business. The problem is I calculated the cost and realised that I should get a student loan (about 10 000 to 15 000 euros) in order to cover the main necessities fo that last year of education. A week-end job would be difficult alternative as there might be some lectures on saturday mornings (and the course itself is apparently time consuming).
Option 2 : On the other hand, I've been thinking of going back to my family's place to read and lauch a business and pass my driving licence. I would also be able to do my sport regulary and have the health benefits from living by the sea. As I'm interested in the music industry, I was thinking of creating a youtube channel and giving tutorials, selling my beats, but from what I've heard it's an oversatured market, might be a "do what you love" trap and so doesn't respect CENTS. Furthermore, I have 7 000 euros saved up from a current job, and there aren't many job opportunies near my family's home.
I've done a Weight Decision Average Matrix stating that I should take option 2, but it's very close with option 1.
What do you think I should do ? Which of these 2 options is more interesting in a fastlane perspective ? Any tought is welcomed.
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