The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

  • SPONSORED: GiganticWebsites.com: We Build Sites with THOUSANDS of Unique and Genuinely Useful Articles

    30% to 50% Fastlane-exclusive discounts on WordPress-powered websites with everything included: WordPress setup, design, keyword research, article creation and article publishing. Click HERE to claim.

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 90,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Join FREE
Download Books
No Ads? Join Insiders
Free registration at the forum removes this block.

Recent content by WaystarRoyco

  1. W

    Best way to sell this business

    @noweare are you actually running the business? I ask, because that will help to determine the market for your business. If you are working in your business on a daily basis, performing the bulk of the tasks, then you need to find a person who is interested in your line of work. This would...
  2. W

    Taking over business from retiring baby boomers

    HOT! 
    This thread is awesome, and exactly what I'm working on currently. My motivation was reading a report that 8 out of 9 small businesses in the United States will not sell or be passed onto the next generation. Think about that. All of those mom and pop businesses that are running, going, and...
  3. W

    How important is a domain name

    WEB/DIGITAL 
    Two sites to help you find names: expireddomains.net - find recently forfeited .com's as well as many other extensions. use the filtering to put in words you want to be in your domain name, and exclude domains with numbers and hyphens. bustaname.com - helps combine words you want to use in...
  4. W

    Brand recognition: should I spend a lot of time building it?

    EXECUTION 
    Make some sales. Show that you've got a viable product/solution. Save the bumper stickers for later.
  5. W

    Please critique my website!

    Hey Adam, here are some things I noticed as an end user at first glance: 1) Seems like a lot of categories to choose from. Would more broad categories with specialized sub-categories be as effective? Or even possible? 2) I normally like to search to see who is local to me (generally within 25...
  6. W

    Opportunity to Buy B&M Biz for $575k

    The principles still apply for anyone looking to buy an existing business.
  7. W

    Opportunity to Buy B&M Biz for $575k

    Is 575k what their asking, or what you've negotiated? I would never pay full asking for a business. Negotiate! If you're not taking any seller financing (if possible), then go lower. If they want out, they'll take a lower price. If it is broker listed, don't be intimidated by it. Going to a...
  8. W

    The "Astonishing Secrets" Thread

    GOLD! MINDSET 
    I can't even begin to tell you how true this is. I just spent 6 days in Florida, just at Disney theme parks. There were times that I almost felt like I was in an alternate universe. I came back home completely positive, refreshed and focused on finding the ice cream. They pull out every stop...
  9. W

    Best way to learn to build and sell businesses without high cost

    EXECUTION 
    Couldn't have said it any better. Before I even got started in looking for businesses to buy, I interviewed accountants and attorneys to become part of my acquisition team. When you set the expectations that this isn't a transaction with them and they're going to be your long haul partners in...
  10. W

    Best way to learn to build and sell businesses without high cost

    EXECUTION 
    Also, make sure you have a firm understanding of what's actually in their valuation. I've seen instances where there is a price listed on a business, but it may not include such things as inventory, property, or accounts receivable. These are all points negotiable within the purchase. There are...
  11. W

    Journey To One Hundred Thousand in 12 Months.

    EXECUTION 
    Lagron, something simple I learned from a mentor a long time ago - Every "no" puts you one step closer to a "yes." It may sound hokey, but it worked for me on those days that you just can't seem to find a sale. Hope this helps. CK
  12. W

    Brand New MacBook Pro - What do you install?

    OFF-TOPIC 
    You can set it up through iCloud to be tracked via the FindMyiPhone app. Go to System Preferences > iCloud, then sign in and it will prompt you to set up the FindMyMac option. Works the same as it would for your iPhone or iPad with the ability to remotely erase it, etc. Your OS needs to be...
  13. W

    Name suggestions for brewery start-up???

    HOT! 
    I'm thinking what you name the brewery doesn't really matter regarding quality or style of beer you're brewing. My example is a Belgian-style brewer here in Maine called Allagash. What does the name mean? Nothing - it's the name of a town in Maine of about a thousand people. But they make...
  14. W

    Greetings from Maine

    INTRO 
    Really glad to be a part of this forum. I had put off the introduction for a while to comb through some older posts and take some time to absorb the experience and knowledge of everyone here. It's been eye-opening to say the least. I've spent the last 10+ years of my life toiling in financial...
  15. W

    Best States for Business and Entrepreneurs

    Maine - F. Nowhere to go but up!
See more
Top