Quote: (07-09-2016 03:52 PM)Mr.GoodThread Wrote:
I will read this carefully and see if there is anything here that will tell me how I can retire in 5 years. I am 31 years old, broke as hell and in debt. Obviously, I am not earning/have yet to deserve an early retirement, but I'm also not stuck in a dead-end job. I'm in a freelancer mode, so I can only get broker or richer.
The biggest thing I can stress is take action, don't get caught up in this mental masturbation mode of watching youtube videos, reading blogs, buying programs and not doing shit, that happens to way too many people.
Most businesses can be started in like 3 days or less. Now if your going to create a product and need molds and stuff etc fine it takes longer but get a "muse" as Tim Ferris would call it.
Two big pieces of reading or listen as they are free on Youtube is the 4 hour work week and $100 startup. The basic message of both these books is find low cost startup things which can be thrown together fairly quickly, make mistakes quick and correct them. If something doesn't pan out in say a month to three motnhs its a turd drop it and move on.
Basically though, when you have an idea setup a website and get moving same day you get the idea. Doesn't matter if the website isn't perfect, just take action, small things and mistakes can be corrected or fixed later. Basically right now your in throw shit at the wall and see what sticks mode, when you find something that works refine it and scale it.