I don't think you can fail at this. There's so much possibility and my mind's racing!
Worst case scenario - you fulfil other people's orders.
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Free registration at the forum removes this block.I don't think you can fail at this. There's so much possibility and my mind's racing!
Worst case scenario - you fulfil other people's orders.
Step 9 - Add laser affiliate link in video description
Nice one! Got a question though..
^ Affiliate? Like, do you link to webshops selling laser machines or do you have affiliates linking to your own shop? Got a little confused.
Good luck!
Because I searched for a laser cutter, I now get nothing but Glowforge ads on my Youtube videos.
I am assuming you did a bunch of research. What did you find the most quality low budget engraver to be? Basically suggestions for something on the lower end?
Also, did you search for things in the same realm before deciding on the engraver? Just curious about maybe options I am not thinking of.
why dont you use the payment program instead of a loan?
Im going to buy a house soon so i cant miss the money
the bank might start b****ing about loans when i apply for a morgage
How do you test a niche if there is a market for it? what tools do you use? and how much will it cost?
I could post on FB to see how much interest there is but i want to know 100% sure im not investing in a flop.
This. Is. So. Cool !!
I came to post the following sentiment, but I think someone else already said it better:
This really has my gears turning. I already want some equipment for my main business and I know a couple local businesses that would like to upgrade their equipment as well.
For me, I'd like a small CNC machine and a UV printer, and another local business would like a UV printer and a powdercoating rig, and 3D printer... but neither of us are making enough volume of orders on those machines ourselves to justify buying them outright.
Another great way to make money off of these could be to put them all in the same warehouse and start teaching classes on how to use them (and renting out time to local makers!). I mean, if a service like that existed I'd definitely sign up and pay a monthly membership fee.
Holy shit, a whole makerspace with dues that pay for the equipment, and at night you fill other random orders just so there are multiple sources of income. It could even be a partnership with the local Science Museum, where if you are a member there, we give you a discount on your membership at the makerspace (total marketing... they'd promote that as a benefit when trying to get new members, and boom, all their members now know about the makerspace in town).
Mind grapes churning, +rep!
Holy shit, a whole makerspace with dues that pay for the equipment, and at night you fill other random orders just so there are multiple sources of income. It could even be a partnership with the local Science Museum, where if you are a member there, we give you a discount on your membership at the makerspace (total marketing... they'd promote that as a benefit when trying to get new members, and boom, all their members now know about the makerspace in town).
Banks don't bitch. Banks are entities, not people. To me it seems like you haven't really thought this through. This kind of vague worrying will hold you back from building any business. Not just a laser business. It's a type of excuse people make to avoid taking action. How many banks or mortgage lenders have you talked to about this idea? Zero.
It is not a good idea to open up new lines of credit when applying for a mortgage. Changes in your credit, even opening new lines can initially cause your score to go down. Also, it increases your debt-to-income ratio so hypothetically, adding that payment could cause a person to go from 40% to 42% and for many loans 41% is the DTI limit.
It would be best, depending on how long until he applies, to wait until the loan is funded to open a new credit line. Any good mortgage person will specifically tell them not to mess with their credit once they apply.
I lost a handful of loans because people would go get a credit line at a furniture store or Home Depot card anticipating their new home only for their approval to be taken away.
This reminds me of something I think Grant Cardone said... that we don’t “make” money. Money already exists and large invisible rivers of it flow all around us. We just need to get some of that cash to flow through us.i love stories like this, its like finding value out of thin air, but of course it was there the whole time.
This may be true but it's ignoring the deeper issues in the poster's words.
I completely agree there and you are right on the mark with those comments. I just wanted to clarify and I guess that was more pointed at that poster rather than you. I didnt want him to mess up his qualification by thinking it was okay to pursue if he is in that process. Lots of people miss out on mortgages because of this. I have probably lost a good $15k in commissions when I was a mortgage broker because of this. Other than that, you hit the mark and said something he needed to hear.
Btw i also want to know more about lazer engraving why did you chose a C02 lazer? Whats the diffence between c02 and diode lazer ect. I would like to know more about these things before i start.
Also a college of mine told me you need to be carefull what matierals you use some plastics release vapers that can condence on the lens of the lazer what will massively decrease the life time or you need have it cleaned/replaced ect.
Also good to know what are the maintaince costs are and what you can expect to pay to keep your lazer running ect.
You can research this on Google. I don't know the difference in all of the different laser types or maintenance costs. I only use Glowforge materials which are designed to work with Glowforge lasers. It doesn't really matter what the maintenance costs are because I don't pay them out of pocket. My customers do.
YouTube and google are your friend. You can find videos and articles on which materials you shouldn’t use. PS. start with the materials Glowforge recmmmends.
Good old YouTube.Ironically, this is the exact reason I'm earning referral commissions. People want all their fears and concerns answered before they buy. They want a 100% guarantee they will succeed. So they go to YouTube looking for an authority to put their mind at ease. They watch my videos because I'm the only one doing something, and then they find the link and buy.
Good old YouTube.
Do you think they're doing the same searches on Google @Lex DeVille ? (Hint, hint.)
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