Recent content by John_Wick

The answer is it depends on what your objectives are. The long answer is I would recommend you to read Onward by Howard Schultz. There you can see what happens when Howard, the founder and 2-times CEO, first retired and let others run an already established big profitable brand. Growth becomes...

Where did you see issues / what are the issues with taking over Adsense account? In my experience, it's a relatively easier revenue model to transfer. Usually, the seller would ask you to use you own Adsense account because Adsense is tied to a gmail account, and a gmail account is usually, but...

I like your idea of just keep trying until it works. And, I was hoping the video you shared would have some nice scientific / anetodal ammunitions for that idea. But, I thought the video says the opposite. Professor Peters starts with a favorable game, where you have 50% of winning and 40...

@mindsetferg Thanks a lot for sharing your experience. Love your ideas that make building a forum more accessible. I can foresee the following challenges / concerns. 1. Customization - where do I start? When I say I don't know where to start when I look at Xenforo, I mean, the installation...

Hi guys, I have a niche site with 30,000-50,000 users per month. Previously the site was just an contact directory site on PHP, but I have been able to add more basic info about those contact as well as enabling the discussion function to it (added widget one page at a time manually though)...

Hi guys, I have been running in circles and postponing the difficult task of building a forum on an existing directory site these days. So, trying my luck to see if I can tap into the power of FastLane thinking and organize my thoughts here... My question: how to turn a yellow page-like site...

Just want to share... Warren Buffet's view on what makes a great business: 1. It constantly generates a good return on capital (20% ROI) 2. It keeps using that capital to generate more capital (thus compounding it 100, 120, 144, etc.) Chapter 57, from the Snowball (on Warren Buffet) is great...

Quick note to future buyers: If you use brokers or Escrow.com, please DO read the terms of the escrow arrangement. It sounds obvious. But, the thing is brokers and escrow broker/agent don't give a damn about your terms in the S&P. I'm talking about my reaction when I see the escrow arrangement...

Update: Completed the S&P of my 2nd deal. I think I have this deal in the pocket. It's 4X the size of my last deal. ROI >85%. About 50% of my salary income with a upside potential because the site looks like crap. My first deal only represents 7% of my salary income. This deal is so good that I...

Hi guys, came across this piece from TechCrunch. Thought it would be helpful for those who are looking for tools to better manage and enhance the value of their portfolio. It's got lots of interesting tools...

This is pure awesomeness.

Yea, I think I am finally through that self-doubt stage that says "why would anyone sell their asset if it's working and requires little time". Still got much to learn. And, great to see so many accomplished fastlaners still hang around here and help people grow.

I will echo what Richardd said about him being a machine and almost always pulled the triggered if the ROI is good and profitability is sustainable. I personally find that doing lots of DD can be a feel-good thing that makes me mix movement with progress. Like I even created a pipeline for the...

I hope this may somehow help others by sharing my experience from listening to the book, to finding this post, trying Richardd's strategy and getting advice from the OP himself. It's funny I actually read Fastlane about 5 years ago. But, I never bothered to check the forum. Maybe I just wanted...

Honestly, the fact you don't actually want to do it is precisely why I think you will be a good fund manager (think Tom Kirkman in Designated Survivor)... Yes, the truth is no amount of piggybacking will make up for the experience of letting the rubber hit the road. Ultimately, it's still a...