21elnegocio
Fastlane Driver

All of a sudden there goes your confidence. What happened to the "If for some reason other big labels found out and even tried to do it, they would miserably fail.", it sounds like you might think they have a chance. See the problem isn't your idea here. None of us know what it is. It's your...

So which is it? Someone will steal your idea or nobody can replicate my business. Inconsistencies will scare away any investors. They would call BS on you. Then the rest of your pitch will be questioned. IMO, hiding your ideas from people is probably the worse thing you can do at this point....

Before submitting my business and website to the BBB, Abumba, and other websites like those, should I register a toll-free number? I was thinking of doing so, but not sure if I want to yet. I also need to link that toll-free number to my cell phone.

Great thread :) I love these AMA's. One can learn quite a lot, reading through others experiences, knowledge, and questions. Onto my a little background.. -I am in eCommerce, and I own a brand of ceramic cutlery. As of now, I have product available for pre-order, and my goal is to sell $400...

I run ecommerce stores and I have a decent size list. My problem is that I don't know what content to send them on emails. I don't want to send spammy emails about products in my store. I just like to keep in touch every week or so. I don't have a landing page in my emails as the links just to...

I played the first Capitalism. I thought it was a great game, I got a pirated copy and it came with no instructions which is actually better in hindsight. Games during that time were very structured. This game had no structure. It was probably the first game I played that had minimal...

Interesting article. Question about the second person, Carla. If she got a mortgage and included her student loan into it, didn't her student loan get paid off by the mortgage? If so, couldn't she declare bankruptcy them and get it wiped out?

In general, that usually doesn't happen. You don't get a person who makes no sales suddenly getting a huge sale. The one who is making a dozen small sales a month is probably doing something right. People are regularly going to his store and making purchases. This is a way better customer. ...

I dropship for people and probably should ask for a monthly fee. You get these random stores that send you an application, most never send you 1 order, and some send you 2 orders a year and you don't even remember who they are. Not worth the paperwork IMO. You may think you are doing the...

Well, for one thing the price of a car you are renting for $500 a week will probably be more than $10,000. But the biggest issue is maintenance. How are you paying for oil changes, checkups, brakes, tires, clutch, repairs? What about insurance or dealing with accidents? This doesn't sound like...

Just thought I ask even tough Im not well geeked up on it

I am trying to analyze my pricing model. My competition, Kyocera prices their ceramic knives pretty high, but I decided to offer a slightly lower price. I have had 96 unique visitors the past week, over 175 the past few weeks combined, and no purchases at all. I am not sure if my prices are low...

Okay. Yeah I am going to get my products onto eBay and Amazon as well, but after I get my first shipment. Amazon requires SKU's which I have'nt figured out yet, and they will probably be printed on the blades but i'll see. I am going to really push the fact that the blades materials are from...

This is how I view it. The Slowlane gives you this The Fastlane earns you this

Thanks for the info as you may know im not very familiar with this, I am currently reading a Peter Lynch book and im a few chapters in, I thought I understood the market lol

hahaha Ill probably be married with kids before I finish reading that hahaha

Hey not bad ah Im watching it right now

Sounds interesting will look into it mate

I have been wondering, how important is it for me to write and put up a "Terms & Conditions" and "Privacy Policy" onto my website? Should I do this asap? Or wait till business is rolling and focus on selling right now?

Update Well, I got approved for another credit card, yay! It has a $500 limit, I was hoping for $1000, but hey, that still gets me $500 closer to placing the order. Right now I have about $1150 in my own money, and I need $2550, so I am $1400 away. That increases my chances of landing a loan...

I am definitely going to check out that website, thanks for that! I hope that I can go the credit card route, but we'll see. If not I will take your advice about how to go about getting money from family/friends. That helped, thank you.

Thank you! I will definitely let you know, and I would also check out the website in the post from AmyQ. Is it still hard to get a credit card, even though I am sure you are doing quite well for yourself in your businesses?

Bookmarked. Gonna watch it when I get off work :)

For sure. When the deal is actually real and happening and after the numbers are figured out, I am going to stock my own inventory for online with most of the profits, and then probably get some kind of storage space for keeping the knives. Something close by my house.

Ok. I checked out those sites, and I am just going the E-Commerce route. Not sure if this is the best way to go for the product, but I have no clue how I could make a subscription service out of it, unless they paid like $5 per month for 25 new sounds, and have that drip-fed from my big bank of...

Update Went into a high end kitchen store today, "Sur la Table". Looked at the knife section. They have tons of brands of stainless steel and carbon steel knives and one brand of ceramic knives. Figured there is room for my product, talked to the manager, he agreed, gave me the number to the...

Well, I checked out your link, and many other sites that do peer to peer lending, as well as small business loans, and I couldn't get approved for anything. I think it is because of my short credit history, and probably my balance-carried to credit-limit ratio, which is around 35% right now. I...