Get Updates (It's FREE)

Results 1 to 2 of 2

Thread: A little shift and a new start. Any ideas?

  1. #1
    (9) Cadillac wade1mil's Avatar
    Joined
    Jun 2011
    Locale
    California
    Age
    31
    Posts
    186
    Thanks
    82
    Thx'd 65 times in 50 Posts

    Default A little shift and a new start. Any ideas?

    In February of this year, my car was stolen and totaled. A month later, my boss cut my paycheck by $2k a month for not lying to and cheating my employees. Last month, my girlfriend broke up with me (through a text message - awesome). A few days later, someone stole my credit card info off the Internet and bought some plane tickets to Bangkok (don't think it was the girlfriend). Today I went back to work after a vacation and they demoted me, cut my pay down to minimum wage and transferred me to a different office. I told them to shove it. Back to ground zero.



    I tell you this not to have a pity party, but to stress the importance that I make shit happen! I'm kind of looking forward to the challenge. I've started a few online businesses in the past (none within the past 12 months). None of them have ever produced a profit, other than creating basic websites for money. Obviously I'm not doing some things right, and I've made it a point to fix them. I have two concerns going forward, and was curious as to what you've done to satisfy them.

    I have some okay ideas, but none have intrigued me so much that I develop a passion for them. If I lack passion about what I'm doing, I'm not giving myself a good chance to succeed. For those of you with a successful business, did you develop a passion for your business immediately, or did it develop after spending time on the business? Was your business idea a no-brainer, or did it take some serious thinking of how to turn it into a business? How did you conceive of your business idea? Were you actively pursuing a business, or did the business find you? What experience did you have that made you think, BUSINESS OPPORTUNITY!

    2) Just like everyone else on this forum, I want to have the freedom to do what I want when I want. I want to have the financial resources that will allow me to live my dream lifestyle. I have been humbled over the past few months and realize that I need to learn how to turn a business idea into $100 profit before I can focus on $1,000,000 profit. For those of you with a successful business, what did you do to make your first $100? How did you duplicate it? Was it just as easy to go from $100 to $1,000 as it was from $0 to $100? What mindset did you have? What was your game plan?

    Sorry for the long post, and quite possibly the confusion. Feel free to ask for clarification, criticize or whatever you feel could do some good. Hopefully others can learn from this as well.

  2. #2
    (7) Lexus domular's Avatar
    Joined
    Jun 2011
    Locale
    Houston, Texas, United States
    Age
    50
    Posts
    324
    Thanks
    76
    Thx'd 222 times in 119 Posts

    Default

    This is what I posted on another thread but the story is the same.

    I've tried a ton of small things - adsense sites, amazon affiliate ideas, ebay affiliate sites. The adsense sites are about the only of those that made any money and it's mainly 1 site which will net about $5k this year.

    I got started in internet marketing in about 2004 with a site that took off. Did about $30K at the peak and then Chinese knockoffs hit the market and I new that was the beginning of the end and I was right plus the economy hit it real hard. In the process of licensing it out to a friendly competitor.

    Started the next big biz going in one direction and found this really weird side niche by accident. That was in about 2007 and that one is now huge - way into the 6 figures.

    Started a new co. this year and that one is doing well, would buy a nice BMW with the annual net from that one and it's only about 3 months old so lots of upside still.

    Ideas though, those come and go all the time. It actually becomes a problem of focus but I've gotten better and MJ's book now gives me a guide to compare the idea to. If I don't think it can be at least a 6 figure a year idea now i don't even bother thinking further about it.

    I still have a "real job" till turn in my resignation on my 50th BD in October. For the last year I've been banking all the money from that job just as a cushion and if not needed will go to passive income for retirement.
    Always happy to help.
    I hope my post or replies are helpful. Thanks in advance for Thanks and + Speed Reps!

  3. The Following 3 Users Say Thank You to domular For This Useful Post:

    CosMoen (Jul 18th, 2011), hekks (Aug 13th, 2011), wade1mil (Jul 18th, 2011)

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Paradigm Shift
    By Hokoleskwa in forum Mindset And Motivation
    Replies: 5
    Last Post: Jun 9th, 2011, 09:34 PM
  2. Sunken oil rig may shift drilling debate
    By News-Mod in forum Economy & Finance News
    Replies: 0
    Last Post: Apr 24th, 2010, 03:34 AM
  3. U.S. Homeowners' Slow Shift To Solar
    By News-Mod in forum Residential Real Estate News
    Replies: 0
    Last Post: Sep 25th, 2009, 12:51 AM
  4. Shift Happens
    By Redshft in forum Off-Topic Discussion
    Replies: 2
    Last Post: Jan 19th, 2008, 01:04 PM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •