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Recent content by Almada64

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    Looking for a fastlaner that is looking for a fastlaner (yep, that’s right)

    IDEA INVESTING SIDE HUSTLE 
    Hi Nerves I don't know if I'm not getting what you are saying or if you are not getting what I'm saying. I've made a very short version of my 12 years of being a business owner and you're getting to a lot of conclusions by yourself. Not sure if that's the best way. This forum is to talk about...
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    Looking for a fastlaner that is looking for a fastlaner (yep, that’s right)

    IDEA INVESTING SIDE HUSTLE 
    Hey buddy, Appreciate your comments. I believe you can interpreter my thread like this but I just wanted to show my qualities to attract someone that could be interested. My real point is DEFINITELY to help another business. That's the idea of the new partnership. I believe I can contribute to...
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    Looking for a fastlaner that is looking for a fastlaner (yep, that’s right)

    IDEA INVESTING SIDE HUSTLE 
    Hi Kevin Thanks for all your comments. Yep, keeping the franchise, is one of my options. I just feel that this opportunity was great to me in the beginning (I would definitely do it again if I go back in time) but not anymore. This company gave me a lot to learn and process and I'm a better...
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    Looking for a fastlaner that is looking for a fastlaner (yep, that’s right)

    IDEA INVESTING SIDE HUSTLE 
    Hey Fastlaners, I’m an entrepreneur who made the leap to the US six years ago. With 12 years of business ownership under my belt (including a couple of ventures back home), I embarked on this American journey. Full disclosure: I didn’t arrive with a meticulously crafted plan. It was more like a...
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    Looking for a fastlaner that is looking for a fastlaner (yep, that’s right)

    INVESTING CHAT FEEDBACK 
    Hi Mohammad What's the best way to communicate with you? I don't see your About page. Please share.
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    Looking for a fastlaner that is looking for a fastlaner (yep, that’s right)

    INVESTING CHAT FEEDBACK 
    Hey Fastlaners, I’m an entrepreneur who made the leap to the US six years ago. With 12 years of business ownership under my belt (including a couple of ventures back home), I embarked on this American journey. Full disclosure: I didn’t arrive with a meticulously crafted plan. It was more like a...
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    Is it possible to be a Fastlaner with a franchise? (Being a franchisee)

    SLOWLANE FTE QUESTION 
    Sorry. Been a while away But yes. I have to be “on the chain” and therefore pay royalties for 10 years. But not just royalties. I need to be the brand for 10 years. Or I can shut down my business or sell it. These are the options.
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    How much money should someone make to be considered a Fastlaner?

    INVESTING 
    Agreed with you. That was helpful Thanks
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    How much money should someone make to be considered a Fastlaner?

    INVESTING 
    I sure had. And freedom is the main goal for sure. Being able to be what I want, to do what I want. But that’s just the start. There is a lot more.
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    How much money should someone make to be considered a Fastlaner?

    INVESTING 
    One of the reasons why I started this thread, besides a simply and genuine curiosity, was to hear answers that could help me setting a goal. Because I don’t have that, yet. Everybody wants to make one million dollars, but in todays day, is that enough? I don’t think so, at least, not anymore. I...
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    How much money should someone make to be considered a Fastlaner?

    INVESTING 
    I know that a fastlane life has not just about money but other important things such as time (freedom), health mind and body, etc. Money is not the only ingredient to the recipe. For example you can become a billionaire at 70y and this is not considered a fastlane. But in this post I want to...
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    Is it possible to be a Fastlaner with a franchise? (Being a franchisee)

    SLOWLANE FTE QUESTION 
    Royalties are taken by the revenue indeed. Plus a MAP fee (for national marketing programs). When you starts, it's high as 7% royalty + 2% MAP. As you grown and revenue grows with you, these percentages decreases. The minimum it gets is 2%+1%. If you think straight, at some point (an it's not...
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    Is it possible to be a Fastlaner with a franchise? (Being a franchisee)

    SLOWLANE FTE QUESTION 
    That's my problem. How to scale a local business? How to scale a local service? Like I mentioned on my original post, customers, and myself included, can't drive more than maybe 45-60 minutes to a job / showroom. It's impracticable, specially if I get the job and need to supervise almost...
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    Is it possible to be a Fastlaner with a franchise? (Being a franchisee)

    SLOWLANE FTE QUESTION 
    One of the reasons is I have signed a FDD (Franchise Document Disclosure) with a 10 years fidelity to the franchise. Of course they don't want to teach you everything and then you just start doing by yourself without royalties payments.
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    Is it possible to be a Fastlaner with a franchise? (Being a franchisee)

    SLOWLANE FTE QUESTION 
    I wish I had known MJ and his books before purchasing this franchise… I moved to US 4 years ago with my family looking for the old and great “American dream”. Not that it matters for this discussion, but just a quick FYI: legally! I had a pretty decent life in my home country. I owned a...
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