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Recent content by illmasterj

  1. illmasterj

    Petroyuan Coming? End of the dollar?

    INVESTING 
    Something I've never quite understood when people discuss how "the Yuan will take over" or "BTC is the future, USD is dead" is, isn't the ultimate solution to own assets? I read a book called "The Alpha Strategy" years ago that more or less described this. Say you own 1000 shares in a global...
  2. illmasterj

    Why you should buy a home as early as possible.

    GOLD! ASSERTION 
    I've found getting a nice home to be great motivation. Previously I was very comfortable -- there was no burning need to grow my business or even increase my investment portfolio due to cheap rent and low cost of living. When I decided to buy a huge house in a nice area for my family, it was...
  3. illmasterj

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Thanks MJ - were you taking payment back then? Or simply sending your partners a lead and taking a commission if the customer booked the car?
  4. illmasterj

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Does anyone know of a business model that makes referrals/introductions/generates leads for other businesses, and takes a commission in exchange? I am sure there must be lots of these, especially on the internet but I am curious if there are any great examples, especially in an offline scenario.
  5. illmasterj

    I just found out a 'customer' is drop shipping my product

    HOT! 
    Have you considered approaching him to ask if he is interested in selling your product on other platforms? Maybe you can provide him a 10% of code? You can focus on branding your product, buy in larger volumes from your manufacturer at better rates (and therefore make a larger margin on your...
  6. illmasterj

    Is CENTS Destructive to Action?

    GOLD! MINDSET 
    Unless I'm understanding this wrong CENTS is something you'd have in a perfect world. Reality is the world is not perfect. I haven't stalked your story @MJ DeMarco but I'm fairly sure I've read on the forum (and possibly in your books, I don't recall), that Limos.com was your Fastlane business...
  7. illmasterj

    Lifetime passive income: The Paycheck Pot In Action

    GOLD! HOT! INVESTING 
    Got it, thank you. I am similar to @Ozz81 in that I have been buying and holding for income. Its modest income that covers our rent and utilities but is a step in the right direction. A mentor encouraged me to begin position trading as he felt it was a good fit for my personality. I didn't...
  8. illmasterj

    Lifetime passive income: The Paycheck Pot In Action

    GOLD! HOT! INVESTING 
    @MJ DeMarco what do you mean by "sell before earnings"?
  9. illmasterj

    Number 1 challenge as an expat

    PEOPLE 
    1. Learning a new language 2. Finding lawyers who actually know what that are doing
  10. illmasterj

    Plant-Based Opportunities / Vegan Business Opportunities

    HOT! 
    Airline meals. It's always confused my why they struggle to segment those meals so much. I am yet to meet a vegetarian who needs cheese in every meal, so why have an otherwise vegan meal with cheese on top? If they replaced the cheese or omit it altogether it could tick two boxes instead of...
  11. illmasterj

    Canadian health care: Time to face reality

    RANT 
    @wordwarrior what's your plan to make this a non-issue for yourself and your family? You mention that BC is better, have you considered moving there? I used to be frustrated at the Australian, and later Canadian taxation and healthcare systems. I used the healthcare system once every 5 years at...
  12. illmasterj

    Is drop shipping a profitable business ?

    HOT! 
    Today I operate an automotive website that generates affiliate commissions. I can't track all sales, but on a low month it's selling around $14k worth of parts (of which I see a very small commission). Automotive isn't a simple industry to hold a large amount of stock. Compatibility means lots...
  13. illmasterj

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    There is a company called Trustnav that is building a premium adblocker. It's a paid for service, and web advertisers who register will be paid a % of that fee in exchange for having their ads blocked based on the amount of time someone's spent on that website. So for example: $10 month...
  14. illmasterj

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Not a rant, but kind of random so I don't want to start a thread. I've been talking with some friends who have been living in Eastern Europe lately and Montenegro is a recurring theme for property investment over there. I've done some reading and it seems there's a good amount of wealthy...
  15. illmasterj

    What if you already know enough?

    NOTABLE! 
    I've been trying really hard to just execute lately. It's amazing how little I have been executing and how much time I've been wasting. Research is one of my guilty pleasures. It feels productive but it's just mental masturbation.
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