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Recent content by Dave510

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    Pokemon Go Game Discussion - Opportunities?

    HOT! 
    Didn't see this thread. Seems like the Pokemon bus is sufficient close to the van idea I posted (which is now closed, since this thread already exist). Skeptical about the longevity of Pokemon Go but never the less it's a good opportunity with minimum start up capital required. It's nice for...
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    Pokemon Go Idea - Thread Closed. We're reached the Pokemon limit.

    IDEA 
    An idea for taking advantage of the Pokemon Go hype: Rent or buy a cheap van. Add comfortable seats, make sure the AC works well. Stock up with refreshments and snacks. Offer Pokemon catching tours for $10/person per hour, with a free drink + free snack per hour. It's a decent hourly wage after...
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    Rigged For The Rich?

    HOT! 
    Of course it's rigged. Any system where you can pass on wealth will inevitably become rigged. Someone will have a better starting point than someone else, but so what? Does it deny the opportunity for everyone else to create wealth? I don't think so, there are many self-made millionaires...
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    Rigged For The Rich?

    HOT! 
    What a load of crap. It was much harder to get wealthy before the internet came around. Since when, EVER, in history were people able to create a business using less than $100? And who the F*ck cares if it's hard to be be wealthy? Of course it's hard, or else EVERYONE would be wealthy, which...
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    Is Handwriting Direct Sales Letters Worth It?

    MARKETING 
    Looking at Vigilante's example, I bet his idea takes less than 12.375 hours to execute and has a much better conversion rate than 3%. Of course I'm not saying copy his idea, but do you think you can make better use of your time with a bit of creativity? (Get a better conversion % with less hours...
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    How does Britain possibly leaving the EU effect the world?

    OFF-TOPIC 
    David Cameron is an idiot. Even if he didn't count on winning an absolute majority, he shouldn't have made such a big promise lightly. UK will probably go into recession, Scotland might want another referendum, EU's economy will likely suffer. I wonder what history will say about this clown.
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    I would say a good idea is 5% of the equation

    IDEA MINDSET RANT 
    I'm trying not to use execution when defining execution, that just muddles the water even more. It's true that the "ideas" are tangled up with action, but they're not always just a response to action, sometimes you just come up with a genuinely new idea that contributes to your goal (the big...
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    I would say a good idea is 5% of the equation

    IDEA MINDSET RANT 
    I think some of the disagreement stems from not clearly defining idea and execution. Execution involves a lot of problem solving, and problem solving generally involves the use of some kind of idea. For example, most of those Google execution can be reframed as an "idea", e.g. The "idea" of "I'm...
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    How I am retiring at 19 years old

    HOT! MINDSET 
    This. There's a difference between not being so afraid of failure so as to do nothing and taking huge unnecessary risk. All risks taken should be big enough so that you try hard not to fail, but not so big that if you fail you're ruined and end up on the street with your family.
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    Your Rent

    MINDSET 
    I think Ali was more than just someone who punches very well. If all he relied on was strength and skills he probably wouldn't have won against George Foreman. But combined with intelligence and tenacity/force of will, he secured the win against a much younger and stronger opponent. There's...
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    Your Rent

    MINDSET 
    Knowing Muhammad Ali's position on war, that would be a gross distortion of this quote's meaning.
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    Your Rent

    MINDSET 
    Saw this today. This is the program at Muhammad Ali's funeral and I just wanted to share it with the forum.
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    Malcolm Gladwell Is A Dipshit

    BOOKS 
    Malcolm is great at selling pseudo-science "wisdom" to the masses, but I can't believe the number of people who thought his 10,000 hours thesis made any sense. Whether you're proficient at something is relative. You can be a master of blowing bubble gum at probably less than 100 hours of...
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    For those of you starting your business, do you rent or buy your own home?

    HOT! 
    Agreed. A lot of the factors are pretty well presented in this video (especially relevant if you happen to live in Toronto, Canada): There is no clear cut answer for rent vs own. Remember, a successful entrepreneur will likely be able to get much better than a 7% ROI.
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    Invested close to $500 towards video production equipment

    I wonder if the $500 is even necessary for a MVP, and whether you've at least validated the idea first. A one-liner is the antithesis of a process.
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