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Recent content by PXu

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    Best Way to Finance/Purchase Initial Inventory

    SOURCING EXECUTION QUESTION 
    Hi MJ, Thanks for the reply and big fan of your books (MF changed my life when I read it last year when I first started working, but knew I must 'escape'). Yes, I have sold the majority of my sample order (50 units). I just purchased my initial bulk inventory earlier this week after some...
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    Best Way to Finance/Purchase Initial Inventory

    SOURCING EXECUTION QUESTION 
    Hi Everyone, I have looked all over this forum, but if I missed out on a thread, can someone please point me to it? I am looking for some guidance on financing and how to purchase my initial inventory for my Ecommerce venture. Some backstory- I have a credit score of 750, with a total of about...
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    It is not personal data. None of the data I need to collect would directly or indirectly link to anyone’s personal data. I just have to find the right angle to leverage a mutually beneficial partnership while I do not have much to offer while they have all the power.
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    Thanks for the comment Mike. I did take a look at their ToS and EULA, but neither of them state if I can extract their data or not. From my understanding, if it goes unsaid, I should go about it like it is prohibited. To address your last point, I would also be hesitant if someone were to...
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    Appreciate the comment. Agreed. I do not want to do anything unethical or borderline illegal. I am going to meet with a corporate attorney soon to discuss how I can go about tackling this problem
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    Thanks for the further clarification. I will do some research into this today. I do not know whether they buy their data or if they source it themselves.
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    Thanks for the advice. I was thinking the same thing. Just buy the monthly subscription to access the data, extract it using a data scraper, use the data to do what i am planning to do with it and then make my website/business around it. They will not know/care where I got my data from until I...
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    If I go down the route of trying to partner with them. That is what I would tell them. However, to touch on your second point, I would be taking data from their website, visualizing it through easy to understand graphs/charts, and the putting it onto my website, all the while targeting a...
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    God bless you. Thank you for the info. If I buy data from them, they would need to know what I am doing with their data for ethical purposes. What do I tell them if I do not want to tell them my business idea?
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    The data is behind a paywall. I would have to subscribe to the website for a fixed amount a year to gain the data. Along with that, I would use the data by analyzing it and creating key trends and putting it out on my own website. Is this something that sounds like it can be illegal? I do have...
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    Thanks for the information. If I did that, I would have to get them to sign NDA's.
  12. P

    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    I appreciate the insight. I would need to extract a lot of data to start out, but then once my website is up and running, I can look into partnerships once I have value/leverage. By using scraping and proxies, can I get a lot of data within a few weeks? I am trying to not get sued down the road...
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    Data Extraction, Help Needed

    QUESTION TAXES | REGS 
    Hi everyone, I am in the process of starting a website/fastlane model business. However, one of my first steps is to extract a lot of data (No personal information) from another website. I was wondering how I can do so without it being illegal. Along with this, the best way to do so is if the...
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    Is Market Research needed, or just start?

    EXECUTION FEEDBACK QUESTION 
    I love this, that is all i needed to hear. I am not selling an actual product, more of a website that is a service but i would monetize through display ads/affiliate mkt/subscription and maybe licensing deal.
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    Is Market Research needed, or just start?

    EXECUTION FEEDBACK QUESTION 
    Hi everyone, I am starting a website soon and I was wondering if it is worthwhile to gather market research in the form of primary/secondary data to validate my idea before I create a MVP. however, I was thinking about just starting and then having the market give me criticism/feedback based on...
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