Joxmb
New Contributor
I'll try to make this short.
For example, I'm 18 and will be going to Dental University in 1 year and by the age of 27 ish I will finish school and be qualified in USA or 24 and be qualified in Australia. After reading the book I see this is slow lane but by 30 I could be earning 200k+/year and once I open my own practice, on average they make about 250k-350k/year. Obviously this will make me a millionaire but this isn't fastlane at all and I won't be able to live my life without working for atleast a good few years.
So in summary I know I could have (just assume this is fact):
-Almost 100% chance of $2 mill net worth by 40 (today's dollars)
-Almost 100$ chance of $4 mill net worth by 40 (today's dollars)
Now my question is, how much luck would be involved to beat these figures in the fast lane with business and entrepreneurship.
My passion has always been stuff involving business/money/entrepreneurship since I was little but obviously due to family and stuff they tell me to do dentistry because it is the best guarenteed money and I do enjoy it (out of any jobs I can think of) as I like working with my hands and like when people appreciate services I can offer. Then again in business I would enjoy it just as much and probably more due to the fact of possibility retiring at 30-40 (Is this too low, too much luck involved?).
Conclusion:
How much luck is involved for say something like building a successful business and achieving a net worth of $4 mill or greater by 30-35 or $10 mill or greater by 35-40 if I am now just freshly turned 18? Assuming willing to put in lots of work and long hours? I have no clue if I'd be good in business but I do know I'm good in school (which is no work for me which feels like I'm wasting my time, therefore came to read MJ's book to be inspired to aim higher) - which I'm sure school smarts definitely don't help in business.
For example, I'm 18 and will be going to Dental University in 1 year and by the age of 27 ish I will finish school and be qualified in USA or 24 and be qualified in Australia. After reading the book I see this is slow lane but by 30 I could be earning 200k+/year and once I open my own practice, on average they make about 250k-350k/year. Obviously this will make me a millionaire but this isn't fastlane at all and I won't be able to live my life without working for atleast a good few years.
So in summary I know I could have (just assume this is fact):
-Almost 100% chance of $2 mill net worth by 40 (today's dollars)
-Almost 100$ chance of $4 mill net worth by 40 (today's dollars)
Now my question is, how much luck would be involved to beat these figures in the fast lane with business and entrepreneurship.
My passion has always been stuff involving business/money/entrepreneurship since I was little but obviously due to family and stuff they tell me to do dentistry because it is the best guarenteed money and I do enjoy it (out of any jobs I can think of) as I like working with my hands and like when people appreciate services I can offer. Then again in business I would enjoy it just as much and probably more due to the fact of possibility retiring at 30-40 (Is this too low, too much luck involved?).
Conclusion:
How much luck is involved for say something like building a successful business and achieving a net worth of $4 mill or greater by 30-35 or $10 mill or greater by 35-40 if I am now just freshly turned 18? Assuming willing to put in lots of work and long hours? I have no clue if I'd be good in business but I do know I'm good in school (which is no work for me which feels like I'm wasting my time, therefore came to read MJ's book to be inspired to aim higher) - which I'm sure school smarts definitely don't help in business.
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