- Joined
- May 21, 2011
- Messages
- 1,144
Rep Bank
$2,330
$2,330
User Power: 346%
Those margins suck. You haven't factored in time which is the most expensive commodity.
To you they suck but that is because you live in the Shopify scene mentality of products that might sell well for awhile and then quickly crash and burn requiring you to always be trying to replace what you had before with hit or miss success.
I'm in a business that hasn't changed since the 90s, which will gross 7-8m next year at 30-35% margins for the next 10-20 years, without any type of product changes on my part.
I only need a 3% net margin to keep pace with your 500k @ 40%.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Last edited:
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
