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Recent content by RPhilbin83

  1. R

    Advice on how to pivot

    SIDE HUSTLE QUESTION 
    So without being overly detailed, here's the short version of a long story... Earlier this year I was introduced to the owner of a holiday lighting business. After a few months of discussions, due diligence, and negotiations, a sale never materialized. For a number of reasons I can discuss in...
  2. R

    Selling an MS Access File

    IDEA SIDE HUSTLE 
    Hi all, Does anyone have any experience in selling Access databases (or solutions embedded in existing technology)? I'd love to hear if others have any words of wisdom here. For the past year or so, I've been involved in a hustle that has required me to stay extremely organized regarding...
  3. R

    Selling an MS Access file

    IDEA 
    Hi all, For the past year or so, I've been involved in a hustle that has required me to stay extremely organized regarding various data points on a daily basis. Because what was on the market either didn't fit exactly what I was looking for or was far too expensive, I took it upon myself to...
  4. R

    How I made 6 figures at age 20

    EXECUTION 
    Thanks @Akeem ! That really cleared it up for me. Way to go - that's a great little money machine you've made for yourself. Congrats!
  5. R

    How I made 6 figures at age 20

    EXECUTION 
    A couple of more obvious questions I forgot to ask at first, if you don't mind sharing: 1.) Just so I understand correctly, I assume the business model itself is that you approach a business that currently has a screen/monitor (we'll refer to these as "A Businesses"), and you convince them that...
  6. R

    How to be less busy

    Definitely needed this at this point in the journey. Thank you.
  7. R

    What do you think are the most saturated markets?

    I think market saturation is less relevant, assuming you're providing a value skew of some sort. However, I've found that a saturated market is usually indicative of a business opportunity that violates the commandment of entry. Thoughts?
  8. R

    Advice on order of operations (concept/product vs. market/audience)

    So far since reading TMF years ago and only recently re-discovering this community, I've (re)-learned the following: 1.) Don't follow your passion - Follow market needs. (check.) 2.) Don't follow money. Money is like a finicky cat. If you try to catch the cat, it will run from you, but if you...
  9. R

    I bought my first rental property. Here’s how I did it and what I learned.

    NOTABLE! REAL ESTATE 
    I've considered doing the same thing - the issue is, knowing that there are "pockets" of any general area can be vastly different than the norm, it's hard to really gain quality knowledge, or "get a good feel" for an area for making a determination of whether it's a good investment. I wonder...
  10. R

    I bought my first rental property. Here’s how I did it and what I learned.

    NOTABLE! REAL ESTATE 
    What area are you from? I would love to see anything with 4 units within around the Boston area fall below $1m - even if it was completely hollowed out to the studs. Problem is, it seems like anywhere beyond 20 miles outside the city isn't desirable for tenant base... When I see numbers like...
  11. R

    Buying and Selling Locally Craigslist

    How are you making such a good return? Is there any one phone and/or model you're looking for specifically? And do you have better luck specifically buying on one platform and selling on another?
  12. R

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    The Four Agreements - Don Miguel Ruiz
  13. R

    I bought my first rental property. Here’s how I did it and what I learned.

    NOTABLE! REAL ESTATE 
    Congrats on your first purchase! I'm just curious how your cash flow only $800 (no disrespect - honest question)? With a $120k mortgage ($160k purchase price and $40k down) and a 30 year fixed at 5%, your mortgage payment can't be higher than $650/month. I'm assuming Cincinnati taxes aren't...
  14. R

    So I've been a wantrepreneur for some time..

    INTRO 
    Welcome. I found this forum many years ago, but only recently decided to become more active within it. Your journey sounds very familiar to mine, and it's good to hear that someone is coming to the same conclusions (and finding similar motivation) as me. I wish you the best.
  15. R

    Go for the money or Follow your passion?

    MINDSET 
    Thank you, MJ. I needed that. I've heard so much of both sides lately - and along the way I forgot the truth. I read TMF about 3 years ago - maybe it's time I do so again. My frustration as of late stems from knowing that I have so many skills, and the intelligence to succeed at anything I...
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