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Recent content by fivestarredflag

  1. F

    The Art Of Failure For Startups And Entrepreneurs

    EXECUTION 
    Came across this article while looking for some motivation. The line that hit me the most is "So What If I Fail, I Can Come Back Up" that is the difference between an entrepreneur and someone who has been working their entire life. http://entrepreneursky.com/art-failure-startups-entrepreneurs/
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    How a guy sold his company for $1 Billion Dollars

    EXECUTION 
    That is so true though, if you wanted to make big big money it is best to go to a good school and come out to work at a tech giant or a big bank, but most of us don't have the patience to do that..
  3. F

    Learning to Program is STUPID! (or SMART?!)

    GOLD! HOT! 
    Alright, I wasn't going to jump in this thread. Both sides have excellent points and both side makes sense, but here's a short story of two of my friends. One of them worked really hard to build a software. He went through an entire year hiring contractors on odesk/elance to perfect his work. He...
  4. F

    The Anatomy of a Winning Stock Trade

    INVESTING 
    Good job and congrats! My question is why didn't you trade forex if you were going to use currency?
  5. F

    Start Your Own Business Contest!

    EXECUTION 
    Shopify launched a start your own business contest. They will give you a free domain name and 100 dollar in advertising credit. You can also win a trip to meet with top mentors like tim terris and the guys on shark tank. There's a $500,000 prize pool. Check out the contest here...
  6. F

    Fastlaners Don't give up!

    EXECUTION 
    Yup, I bookedmarked it. Each time I lose motivation or get frustrated I'll review it and get myself moving!
  7. F

    Fastlaners Don't give up!

    EXECUTION 
    Just read an amazing article about startups that bootstrapped hard and turned it to 1mil+ revenue companies without any investor. The article is below. http://entrepreneursky.com/startups-went-bootstrap-success/ After reading this, I feel quite motivated. How long have you fast laners held on...
  8. F

    Forex trading?

    INVESTING 
    Anyone here does forex trading? I've been stock trading from time to time and average a gain of about 20-35k per year. Most of my friends recommend that I start looking into forex when I have more capital. Ive probably read a few articles on forex and dont know much about it. Anyone doing well...
  9. F

    Getting a job not always slowlane?

    SLOWLANE 
    I believe this is considered fast lane because I know of someone who started off in some management training job after college, but after he finished college he sky rocketed through the company and eventually hit cfo making millions with bonus.
  10. F

    Multiple subway franchise?

    HOT! 
    Oh haha, i thought you were talking about resturant auctions for sale not equips.
  11. F

    Multiple subway franchise?

    HOT! 
    Awesome reply. Where would you find these auctions? Your right about the startup cost. Ive asked subway development agent how much will it cost to buy one and almost all quoted around 300,000 or at least 160,000 and they will find a loan for me.
  12. F

    Multiple subway franchise?

    HOT! 
    Would this be different in another city though?
  13. F

    Multiple subway franchise?

    HOT! 
    No, absolutely not haha. I meant to buy 1 at a time. Ive talked to a few subway owners from different areas and it seemed that most of them net profit at around 7k a month, so the way I think of it is like real estate. If you keep reinvesting back into to to buy more subways eventually your cash...
  14. F

    Multiple subway franchise?

    HOT! 
    I know MJ mentioned in his book that a coffee shop will not ever hit the fast lane, so a single subway sandwich shop wont either, but what if say we had 20 shops? Each with a average net of 5-6k a month will put you in a super fast lane. Anyone thought about this?
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