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Search results

  1. theag

    Am I too stupid?

    MINDSET 
    Don't let that deter you from pursuing sailing. I've been sailing most of my life, went to a bunch of classes, multi-week sailing trips with random crew and owned a little 21ft offshore racer for a few years. So I'm quite experienced, usually the most experienced guy except for the instructor /...
  2. theag

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Most people are stupid, so most YouTube views are from stupid people, which is why braindead thumbnails work so well. On the other side, most content creators are whores who will do anything for a view, so they use them.
  3. theag

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    The "work experience" is nice engagement bait, but what caught my eye first was the "empowering creative entrepreneurs to turn their passion..." BS line in the profile preview snippet :arghh:
  4. theag

    Why would manufacturers create your product when they can do the same and profit?

    IDEA 
    Because creating and manufacturing products is the easy part. Selling them at scale is the challenge.
  5. theag

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Thank you for explaining that to me. Yes, you can make a lot of money selling bullshit.
  6. theag

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    That little girl on the left looks like a 80 y.o. with a walker. It also looks like this "aid" is teaching body balance completely wrong. Of course you will fall over if you lean forward like that. When I was a kid and learned how to roller skate, I just fell down until I learned. Bruises and...
  7. theag

    "Real estate produces more millionaires than any other industry."

    QUESTION 
    Very interesting insight, thanks! Funny enough, in Germany the safest tenants are refugees and the unemployed, because the government is paying the rent directly to the landlord.
  8. theag

    "Real estate produces more millionaires than any other industry."

    QUESTION 
    Agreed. You have tons of gains for individual and institutional investors in a red hot stock market, which is driven by similar market distortions that MJ described. Those are flowing into real estate, and creating of ton of FOMO for everybody who missed out due to poor life choices.
  9. theag

    Is there shame in copying business ideas?

    IDEA 
    Most businesses aren't exactly new ideas, but instead an improvement based on some existing one. Or even just plainly the same. I don't see anything wrong with it. Even very good, innovative ideas don't stay hidden for long and are not protectable (some exceptions due to patents). That's why...
  10. theag

    "Real estate produces more millionaires than any other industry."

    QUESTION 
    Unfortunately, looking back over the last ~10 years, the easiest way to become a (multi-)millionaire has been to have a reasonably well paid slowlane job and buying a house as primary residence as soon as possible. Then just wait. Taking the tax-free gains every couple of years is just a bonus...
  11. theag

    Your Best and Worse Defenses for Inflation...

    NOTABLE! INVESTING 
    For my next business I will most likely not do B2C again yea. But that is probably a few years down the road. Who knows what will happen until then. I think the sweetspot customers for a self-funded online-service/SaaS business are small- to medium-sized businesses that will sign up on their...
  12. theag

    Your Best and Worse Defenses for Inflation...

    NOTABLE! INVESTING 
    No, unfortunately it will still be B2C. Basically I'm trying to get the most out of this business before I either sell it or use it for more or less passive cashflow.
  13. theag

    Is it possible to look forward to working on your business just as much as weekends and vacations?

    MINDSET 
    When things are going well, I love working on my business and even prefer it over leisure activities. I had times where I was so excited I had to force myself to go to bed, then couldn't fall asleep because my thoughts were still going high speed around what I was working on. When things are...
  14. theag

    Your Best and Worse Defenses for Inflation...

    NOTABLE! INVESTING 
    My main problem is being way behind the market. My business isn't worthless, but it's currently simply not good enough for this new world with 10-20% yearly inflation. As long as that's the case I won't be able to afford even a simple middle class lifestyle. And middle class lifestyle isn't...
  15. theag

    Your Best and Worse Defenses for Inflation...

    NOTABLE! INVESTING 
    I remember that I was reasonably optimistic about life and my business at the beginning of 2020. But it seems like a few wrong decisions have left me completely in the dust with the absolutely crazy inflation since then. Those mistakes were: - Having a B2C business that sells to "normal" people...
  16. theag

    Massive Scale Cross-Border Amazon Arbitrage

    GOLD! HOT! EXECUTION 
    I'd be careful with that. This API is only intended to be used for job postings and livestream announcements. So your service is most likely violating Google's TOS, which usually isn't a good foundation for a business. I'm in some SEO groups and heard about recent manual penalties against sites...
  17. theag

    If you think you have it bad, listen to Paul R. Alexander.

    MINDSET 
    Honestly, I'm not sure what to think about this. This man's mental strength and determination is absolutely impressive. Truely gives you perspective when feeling down about some non-consequential bullshit. However, I hope that if I ever get into a situation where I'm either almost completely...
  18. theag

    Opinions on Dan Koe?

    OFF-TOPIC 
    Never heard of him. After a quick google search, he seems like your typical run-of-the-mill wannabe guru. So pass from me.
  19. theag

    Massive Scale Cross-Border Amazon Arbitrage

    GOLD! HOT! EXECUTION 
    IMO you're overdoing the "fake it until you make it" on your new idea... I'd reconsider that. The idea itself is good. I have a similar one, but limiting it to service providers in my existing industry. Unfortunately marketing to small businesses is notoriously difficult. And there are some...
  20. theag

    Building long-tail Google Ads campaigns for fun and profit

    EXECUTION 
    Its useful if you want to have a dynamic landing page with keyword insertion for higher quality score. But you can also do that on ad level if you have single keyword ad groups of course.
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