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Recent content by vinylawesome

  1. vinylawesome

    Fighting CV19: Please send thoughts and well wishes to Greg B (Runum)

    HOT! 
    Praying for you. Keep fighting the good fight!
  2. vinylawesome

    Buy Vacant Lot and Sell to Drive-In Restaurant?

    I'm not sure where this is located but buying a lot for $250 doesn't seem like a terrible risk. Just keep it quiet and buy it. Worst case scenario you can sell it to someone else for more than $250. Perhaps keep the lot and lease it out for RV/Boat parking, etc? I don't know the zoning but...
  3. vinylawesome

    Podcast Suggestions?

    MINDSET 
    The My first Million Podcast is good. My First Million | The Hustle from the founder of the successful The Hustle newsletter.
  4. vinylawesome

    ROOTER RANGER - Got my plumbing fixed for $47 last night.

    MARKETING SUCCESS! 
    Thought this was an interesting interview with the owner. He claims to be doing $25 million in revenue. Which isn't unheard of in the trades. Plumbing, HVAC, etc. View: https://www.facebook.com/watch/?v=3610346512308845
  5. vinylawesome

    Multiple subway franchise?

    HOT! 
    Thanks Walter. I appreciate your response. I am a big fan of master franchising. The Janitorial industry has been successful with that model for very little capital outlay. ie. Jani-King, Coverall, Vanguard, etc. I looked into helping a friend utilize a master franchise/franchisor model to...
  6. vinylawesome

    Multiple subway franchise?

    HOT! 
    Thanks for the reminder. I had forgotten I had posted that as it was posted over five years ago. What resource's would you recommend someone utilize to do more research if they were interested in purchasing a franchise and/or multi-unit franchise? I personally don't have any interest in owning...
  7. vinylawesome

    The #1 Book You Need to Read If You Want to Retire Early

    Very Cool @MJ DeMarco . Shout out to Rachel Richards who recommended the book for the article! Well deserved recognition.
  8. vinylawesome

    Selling a business?

    I know someone who buys property out in the rural areas of Texas: Central all the way to west Texas. If you're serious about selling I will send you his information. @StartupsRFun In regards to your situation, 5 months isn't a lot of time to show a track record for a more conservative buyer...
  9. vinylawesome

    How to profit from poor people

    SPEEDWAY 
    Auto Title Loans, Pawn Shops, dialysis centers, buy here pay here car lot, etc.
  10. vinylawesome

    I started a business and now I'm doubting it

    HOT! 
    Equipment purchases would be Section 179. Therefore, after tax.
  11. vinylawesome

    I am on boarding now!

    INTRO 
    Welcome to the forum @Chris Lee
  12. vinylawesome

    The Exact Pitch I Used to Close an $8,000/month Contract

    Nice work @SEO Guy!! At a recurring revenue contract of $8,000 per month that's $96,000 per year. Estimated 20% to 50% net margins if outsourcing most or all work. = $19,200 to $48,000 per year. 2 to 4 X Business valuation multiple on a "Web Agency" business model based on SDE. (Sellers...
  13. vinylawesome

    Post your product opportunities at Amazon

    This 100% Whenever I hear the conversation of idea vs. Execution I think of the Millionaire Fastlane as well as the following post from Derek Sivers. Ideas are just a multiplier of execution 2005-08-16 It’s so funny when I hear people being so protective of ideas. People who want me to sign...
  14. vinylawesome

    So you want to flip used items and make cash? Cool!

    NOTABLE! SIDE HUSTLE 
    I heard this podcast the other day that I thought was relevant to this discussion. http://www.tropicalmba.com/artofthedeal/ They do a good job going into the psychology of dealmaking in this buy low sell high "Craigslist" manner. I Thought it might be useful for folks that would like to do...
  15. vinylawesome

    Dark Factory: The robotics revolution is changing what machines can do. Where do humans fit in?

    Autonomous trucks built and operated by the startup Embark have been shipping refrigerators, with a human in cab, from a warehouse in TX to CA since October. Source: "Since early October, autonomous trucks built and operated by the startup Embark have been hauling Frigidaire refrigerators 650...
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