What's new

Recent content by Pawn_Guy

  1. P

    Getting a Business Loan FastLane?

    EXECUTION 
    As someone who just borrowed $300,000, I can tell you that business loans are a pain in the a$$ even if you have a large amount of cash. Even with us having 50% in cash (we had $300,000 of the total $600,000 that we needed), the bank still required us to have over 100% collateral and a personal...
  2. P

    Made a plan. Obtained financing. About to start my journey.

    EXECUTION 
    No, Compupawn doesn't have anything that allows you to list items for sale online through the system. The pawn industry has always been a little behind in terms of technology.
  3. P

    Made a plan. Obtained financing. About to start my journey.

    EXECUTION 
    This is probably going to turn into a very long post, but I enjoy sharing my expertise with people who are truly interested. People are correct that pawn shops are a difficult business to operate remotely. This is why there aren't nearly as many multi-location pawn shops as there are other B&M...
  4. P

    Made a plan. Obtained financing. About to start my journey.

    EXECUTION 
    That was an interesting read. Thank you.
  5. P

    Made a plan. Obtained financing. About to start my journey.

    EXECUTION 
    That's a good read. I noticed on his site that he has a video explaining why they don't sell guns. I've always been well aware of the issue between jewelry sales and gun sales. I understand the reasoning behind not having guns for sale in the store, but it won't be the direction that I go. My...
  6. P

    Made a plan. Obtained financing. About to start my journey.

    EXECUTION 
    I do not plan on selling online at first, except maybe eBay and Gunbroker for certain items that won't sell well in the store. You are correct that no one is doing online firearm sales well. My previous company actually had me spend about 2 months working on a plan to start a major online...
  7. P

    Made a plan. Obtained financing. About to start my journey.

    EXECUTION 
    Thank you very much for pointing them out to me. I'd never heard of them since I'm located in Missouri and my previous company's stores were all located in the southeast. I know there are a good number of really well run pawn shops out there, and this is definitely one of them. Fortunately, and...
  8. P

    New entrepreneur and just joined

    No, I'm not interested in any business other than what I'm doing. This is about to take all of my time and focus. It would be irresponsible for me to pursue anything else at the same time.
  9. P

    Made a plan. Obtained financing. About to start my journey.

    EXECUTION 
    As my name suggests, I am starting my own pawn shop business. It's the only thing that I've ever done, and after getting an offer from a friend, I decided to go off on my own. I had a great job as an executive level employee with a growing company, and it would have rewarded me very well...
  10. P

    New entrepreneur and just joined

    Haha. Well I guess I'll just have to stick with my original plan then.
  11. P

    New entrepreneur and just joined

    Hey everyone. I just found this site and registered immediately. I'm just becoming an entrepreneur, but I've been working in my field for 10 years. I just left a VP position with a growing company to open my own store with a partner. My main reason for signing up on here is that I just really...
See more

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom