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Recent content by JonnyC

  1. JonnyC

    Random Entrepreneurship/Success Studies Thread

    Those are great qualities to have in any arena, however to agree with @ChrisV a lot of entrepreneurs have a propensity to break rules or find a way to cheat the system in their youth. I know for myself, I had quite a chip on my shoulder growing up and never really trusted authority. I did minor...
  2. JonnyC

    How great is your business idea from a CENTS perspective? Find out instantly...

    GOLD! IDEA 
    This is awesome, great work! Tested a few ideas and it seems very accurate as well.
  3. JonnyC

    Study Concludes: 85% of Business Success Attributed to “Soft Skills.”

    HOT! MINDSET 
    I agree 100%. I think business people generally benefit from being well-rounded generalists, with an emphasis on soft skills like leadership, communication, etc. In terms of specific nuances that can hamper people, two issues that I see a lot of are interrupting or finishing sentences in a...
  4. JonnyC

    You’re not selling wholesale?

    NOTABLE! 
    This is a really late reply but I figured late is better than never... We were approached by a very large retailer recently and had to solve this problem ourselves. We aren't using this solution yet, but I did learn about it. It seems the solution is what's known as invoice factoring. You need...
  5. JonnyC

    Service Businesses - Low Capital Startup Requirement

    A framework that I love and use is from the book "Traction" and it's called the Bullseye Framework, by the creator of DuckDuckGo. The Bullseye Framework for Getting Traction – Gabriel Weinberg – Medium TLDR: There's 19 traction channels. Pick the three most probable for your business, set up a...
  6. JonnyC

    Anyone with experience selling software to organisations?

    A few ways I've dealt with to charge for on-premise software. Straightforward, per server & per seat pricing. Example: your software needs to be installed on two machines locally and 300 people need regular access. You charge $5000 per year for each "instance" (aka server) and $10 per seat per...
  7. JonnyC

    Think Big, and Then Think Bigger Than That.

    GOLD! 
    This is a really interesting review of the research currently available on Schumpterian or innovative entrepreneurship vs self-employment. About a 1-2 hour read depending on how fast you read. https://www.tandfonline.com/doi/full/10.1080/13662716.2016.1216397 Oftentimes, the benefits of...
  8. JonnyC

    Composure in confrontational situations

    PEOPLE 
    Starting Strength program as long as you can do it for, 3x a week, plus tons of protein to get bigger and stronger. Ditto boxing training for self-confidence and overall comfort with aggression. When I was in my teens, I was always easily intimidated as well, but something "clicked" for me when...
  9. JonnyC

    19 y/o offered 6 figure investment. (Need Advice)

    PEOPLE HOT! 
    If it's not for personally buying out your shares but to fund the growth of the business, I'd suggest going for a convertible note since it's so early stage and hard to value. You'll probably end up with more ownership ultimately and defer the discussion around actual valuation...
  10. JonnyC

    Think Big, and Then Think Bigger Than That.

    GOLD! 
    Not Kak, but I thought I could help provide an individual perspective since I'm going through this right now. I've built a profitable brand in a growing market, but I found through former employees and industry-specific investor meetings that next year Amazon is coming into our niche with its...
  11. JonnyC

    2019 Fastlane Summit: Preliminary Speaker Call

    MEETUPS 
    I could speak on strategies for building a distribution network for a physical product brand (400+ stores selling us right now) or the process of product development for specific niches and how to build authority in a space through content & influencer marketing.
  12. JonnyC

    Joining the Army to get my shit straight

    HOT! EXECUTION 
    Congratulations! Former infantryman from your friendly Northern neighbor, did 4 years. Joined up for the same reason, and it worked for me. I went in at 19 directionless and angry... came out of that machine at 23 a much calmer, happier person and with more direction than I'd ever had. I...
  13. JonnyC

    2017 Fastlane Summit (Official Announcement)

    MEETUPS 
    Sorry to hear, wishing you a speedy recovery!
  14. JonnyC

    And So It Begins

    So what I learned from this thread is that EVERY entrepreneur needs to learn how to code, right guys? :P
  15. JonnyC

    Where I have been this time... and why I'm famous at Wells Fargo

    GOLD! MINDSET 
    This is awesome. Really respect the hustle man, good job on rolling with the punches and I'm happy that there's some upside at the end of it for you!
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