The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Recent content by doitman

  1. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    HAPPY 4TH OF JULY UPDATE FROM AMERICA! Hey, Friends! It has been a long while since I last posted. You can probably imagine with the state of the world, I have been busy. I'm sure many of you have been. I had been locked down in my home for a couple of months, so I took the opportunity to...
  2. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: 32 days until fast lane freedom! I gave my final notice to all of my managers. Yes I have a bunch. That will leave me with only one... My wife. I've been busy building our new server infrastructure, full with firewalls and disaster recovery features galore. This is not only to beef up...
  3. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Possibly easy... If you have the domain and hosting tomorrow, can you email the customers from the site's official email address with some innocuous message like how everything is going, and if they need anything else?
  4. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Quick thing. Verify the customers. If you can speak with them or email them, do it. Do not just trust the seller on the accuracy of their data.
  5. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: I got a new profile name, in tribute to Shia Labeouf. Look it up. If you ever need good motivation or a laugh, he's your guy. But in all seriousness, "do it" is my mantra. My most recent transaction was a bust. Luckily we were able to unwind it, and I didn't lose much money in the...
  6. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: Just wired $90K to begin finalizing the latest business acquisition. Always anxiety inducing. Mondays suck in general with my 78 days of consulting left over. At least I get big checks. Unfortunately, my focus is pulled away from business.
  7. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: i just finished due diligence, and signed the sales agreement. Funding escrow will have to wait till Monday. But we are pretty much set to go. Should be a smooth transition since I'll take over their GoDaddy account with the domain, the Hostgator account with their web site, and all...
  8. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: On the verge of finalizing another business acquisition for my company. Due Diligence is done. I just had to pour over a ton of sales data, basically looking at PayPal transactions, mapping them to WordPress sales transactions, and mapping that to Google Analytics traffic. Pretty cool...
  9. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: $40K in December sales total for all my businesses. And finishing up due diligence in a couple days for my latest acquisition target. All looks good. Financing is also secured. Stress is high, but my ultra organization these past few days is paying off just by clearing up all the noise...
  10. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: Getting organized... My last long post here referenced my performing action faking. But context is everything. I'm on the verge of getting my business to the promised land, well at least for me. Way more money than my family needs while working half days on it and nothing else but...
  11. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: I spent all weekend improving my organization. I'm back to Inbox Zero! I setup up filters in all of my Gmail accounts. I set up all starred emails to create a card automatically in Trello. I adopted the Station app browser to replace Google Chrome tabs, and so all of my business apps are...
  12. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    I studied at one of those prestigious engineering colleges in the US getting a bachelor's degree in mechanical engineering. Mind you, I kind of wish I would have gone to a state school, and saved my parents a hundred grand. And I probably would have had way more fun.
  13. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    UPDATE: I have been super busy @Doctor.IM. The year end has been pretty frenetic. Here's a breakdown: 1) Accounting software business has been going well. We are approaching tax season, so sales have been going well as expected. Have a software update shortly. 2) Online community is doing...
  14. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    Unwinding may be problematic, yes. I'll cross that bridge when I get to it. Luckily, my business models are easy to manage from an accounting perspective. Expenses can easily be explained with shared expenses. For example, server hosting cost is easy to understand for a future buyer, I...
  15. doitman

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    I initial thought about scaling an acquired business quickly, but I decided to scale by acquiring multiple businesses. The end result is similar short-term. Phase one of my plan was to acquire as many profitable businesses as I could in a short amount of time to reach financial independence...
Top