Thread: Fastlane 2k challenge

Thanks for giving it a shot and reporting back. Roulette is what usually burned me. There's still 2 weeks left if you change your mind, but I know you're busy with your new business.

Originally Posted by JackEdwards

BTW: A good friend of mine has that exact Ferrari California in blue above, but has better tan Interior.

That's a pretty nice car. It seems to be working as a good motivator.

Summary of Week #2

Josh Igoe: (wk1) His strategy is to use FullTiltPoker to raise 2k.
First attempt resulted in a loss of $6. May play again with $40.
(wk2) No reported activity.

Reported expenses: 6/50. Profit: zero


rlecor: (wk1)Still choosing his strategy. He has an ebook, a software license, and a home study course available to sell.
(wk2) No reported activity.
Reported expenses: zero Profit: zero


mrhahn: (wk1)strategy is to create software for internet marketers.
Most of his time has been spent programming code.
(wk2) No reported activity.
Reported expenses: 10/50. Profit: zero


livitup: (wk1) strategy is to use technical expertise to write a shortcut program for Amazon.
(wk2) Downloaded new program to help him with content. Worked on distribution and pricing of his product. Acquired credit for $100 free advertising with Adwords.

Reported expenses: Unknown/50 Profit: zero

Itsallmental: (wk1)strategy is to promote a Clickbank affiliate product. Found a product and is developing sales funnel.
(wk2) No reported activity
expenses: 5/50 Profit: zero

UncommonWay: (wk1)strategy is to sell an information product. He has created a squeeze page and is using $200 of free advertising and email marketing to promote it.
(wk2) Installed better tracking software, worked on PPC, and made changes to autoresponder. Began to generate sales.
expenses: $21.34/50 Profit: $327.67 Free Leverageable Asset: $200 (begin)

Kurtyordy: (wk1)strategy is to build a link building service. Did some keyword research and adjusted campaign settings.
(wk2) Paused adwords campaign. Bought a new domain.

expenses: 10/50 Profit: zero

Inphinity: (wk1)strategy not disclosed.
(wk2) Formed a partnership for a new project. Began promoting project. Billed for services.
expenses 0/50 Profit: $450


andrewsemi: (wk1)strategy is to set up a network and sale baked goods through an office building.
(wk2) No reported activity.
expenses; ?/50 Profit: unknown

Trent: (wk1)strategy is to develop a product and promote it with a website and celebrity endorsement.
(wk2) Worked on branding, completed and posted celebrity interview, began developing social media.
expenses: unknown profits: unknown


Ferrari Girl: (wk1)Strategy has not been announced yet. She has been creating content and studying before making a decision.
(wk2) Learning how to create web pages. Considering converting previous work to Kindle format.
expenses: unknown profits: unknown


Jack Edwards: (wk1)strategy is to bet $50 while on a trip to to Las Vegas. He made travel arrangements.
(wk2) Reported that he played at the War Table (Belagio Casino), Was up by $200 but then lost. Withdraws from competition.
expenses: unknown profits: unknown

CEBenz: (wk1)strategy is to us money to expand and promote an existing ecommerce.
(wk2) Worked on PPC and made adjustments for Google rankings. Decided to pursue a stronger niche and is setting up a drop shipping ecommerce store. Working on state licensing.
expenses: $39.00 profits: unknown

zendolphin: (wk1) strategy is to call old friends and ask what they need help with. He has accepted a task of liquidating properties owned by a corporation. He's also serving as a consultant and assisting with the establishment a supplement company.
(wk2) Contacted attorneys for real estate project. Waiting for paperwork to clear.

expenses: 0/50 profits: $3,500


edmundloh: (wk1)strategy is to develop an internet marketing program and coaching service.
(wk2) Set pricing for product, made capture pages, wrote a sales letter, began product development, and took on a side project. Projected profit is $4,000, 50% up front.

expenses: 40/50 profits: $2,000

PookDo: (wk1, wk2)No Report

Callmelucid: (wk1,wk2)No Report

BPA: (wk1,wk2)No Report

Dispin: (wk1,wk2)No Report

Diamondietz: (wk1,wk2)No Report

Fastlane 2k Personal Challenge

Jack Stitt: (wk1) strategy is to develop software for 30 day challenges/ contests. Worked several hours daily, bought the domain, and began programming framework. Continued to work out logistics of program, incorporate user incentives, and integrate social media. Decided that initial task was too big for challenge restrictions, began second project (writing and ebook).
Worked on obtaining email lists. Checked functionality and worked on format.
Began work on ebook. (wk2)Sold websites (outside scope of challenge).

expenses: $23.12 profit: unknown


KittyWrestler: (wk1,wk2)strategy is to create her own ecommerce store based on her successes on eBay and Amazon. Find an ecommerce provider.

expenses: unknown profit: unknown




Follow their progress here: Fastlane 2K Record Thread

Originally Posted by kurtyordy

My final post- Well as much as I hate to say it, I have to lay this down. I came to this realization this weekend. I had a choice. Put 10 hours into this for fun and challenge or put 10 hours building my estore I have been working on and is the direction I am focusing right now.

Since the ecommerce store is part of my plan, and this is not, I chose the ecommerce.

To be honest, had I converted some sales early on, I probably would have continued, but since I had not, it is best to cut my time loss now.

My biggest regret is I know I need to work on landing page conversion which was my goal through this, but I will practice on my store rather than on something that I am not passionate about.

My apologies to all for being a quitter, and good luck to the rest.

Kurtyordy,

Thanks for giving the challenge a shot. We all understand that priorities change. If nothing else, it looks as though you were able to learn some things that will help you in the future.

Good luck with your ecom. store and thanks again for participating in the challenge.

Originally Posted by KittyWrestler

I can't figure out how to edit my original text so sorry about the double entry under my id.

I have to merge all the posts because of edit time restrictions. Post your updates just like you did and I'll combine the posts when I see them.

Entering the Last Day of Week 3.... Many have dropped out, who can push themselves to the end goal?

Reserved for Week 3 update

Originally Posted by UncommonWay

Day 24 (20110621) : I've been seriously derailed here. I am going to do a serious reboot on my approach to business.

I have come to the realization that my current level of effort, including during this Challenge, isn't sufficient to get me where I want to go. You know the saying, "Keep doing what you've been doing, and you'll keep getting what you're getting." I'm tired of that.

So, for the next month or so, I'm going to try an experiment. I'll write out the details in another thread.

What do you feel caused your idea to stall and what do you plan to do differently?

wait.. you could start now and make $2k+ sooner, but you rather wait and do it with the group next time one happens?

hmm.... for some reason I'd rather take my money now.

Hey guys, first let me apologize. I was unexpectedly busy this week so the updates were a little behind. That said, I've updated the record thread and will work more on the final results tonight and tomorrow. Please try to get me your final results by tonight.

I really appreciate all the hard work you guys have done. It should be interesting to see who ends up winning.

Originally Posted by Tinjus61

Be a middleman, a broker of services. Years back I earned a couple hundred bucks buying sunglassses in China and selling them here in Denmark. Problem was that you have to wait 3 weeks before the sunglasses arrive. Instead of beeing the middleman selling sunglasses, you sell a service. Go to Craigslist or something and find someone in need of say a web designer, then bid in on the job, and if you get it you buy that service on Elance.

Thats a solid hustle, but not necessarily a Fastlane-based Business model

Originally Posted by edmundloh

So what's the news on the final results, or are we still waiting on every contestant to update their final progress?

No joke -- Who should I send my address to for the mailing of the prize book?

I think we all learned a lot from this -- MOST people didn't even finish!!! If this is a microcosm of your competition in the marketplace, then how hard is it to succeed if you really commit to it?

I think the guys that finished, and finished on time should be recognized and/or rewarded.

Guys, I want to apologize for my sudden disappearance from the forum. In the last month, I've had 3 family emergencies 2 involving hospitals and I was also sick for about a week and a half of that. Fortunately, things seem to be getting back on track now, but the usual routine was disrupted.

I did log on a few times but one time I was so tired I started to fall asleep. In any case, I'll try to get back up to speed with the forum. Again, my apologies.