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  1. TreyAllDay

    HOW DO I SERIOUSLY GIVE UP GAMING

    GOLD! MINDSET 
    Usually avoiding things you want like working on your business is part of a bigger issue- need to focus more and gain more clarity on what you want out of life . However- sometimes the case is just putting yourself in a better situation. I choose to not tempt myself. If I don't buy shitty...
  2. TreyAllDay

    Tip : Follow NECST in this order when building a business

    It is clear that Need, barriers to entry, control, scale, and time separation are important, however it's easy for entrepreneurs to get caught up in the confusion of trying to satisfy all. I find it is easiest to do it this way, and was curious to hear some opinions on the strategy. Before...
  3. TreyAllDay

    Are 5% yearly bonds/investments possible?

    INVESTING 
    For anyone interested- I did find this link from MJ with more info. http://www.fastlaneentrepreneurs.com/2012/how-to-never-work-another-day-in-your-life-the-money-system-portfolio/ Sent from my iPhone using Tapatalk
  4. TreyAllDay

    Are 5% yearly bonds/investments possible?

    INVESTING 
    Never really thought of investing as a way of getting rich. Might be aiming too low but I always visioned my first goal having $5,000,000 to Invest in a yield near 3%. I could do whatever I want and work on whatever business I wanted to with 20k a month of passive income. Sent from my iPhone...
  5. TreyAllDay

    When somebody asks me to join their MLM

    FUNNY 
    Yep. It's insane how much they indoctrinate their participants. I had a friend who was doing it. Worked his a$$ off trying to recruit me because he genuinely believed that he was doing me a huge favor by getting me in, helping me achieve financial freedom. He had a list of people on his desk at...
  6. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Yep it's a scary idea sometimes but I think if you satisfy the 5 commandments you're ahead of 75% of the people. Have an honest conversation with yourself about whether you know there is a validated need, barriers to entry, control, scalability, and time separation. Most people don't have honest...
  7. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    I could possibly see it - many franchises exist because there is a customer need and the franchise will analyze an area before opening there. I'm in the "affiliated dealer" business currently and we do similar things. Also lots of marketing and operational support. That being said, you may...
  8. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Awesome post! Thanks for all the great info. It is starting to sound like it really is a problem of chasing needs, which in then should lead to cash flow, keeping expenses down, etc. My industry is internet based and minimal expenses- I can't imagine how daunting it is to your clients who take...
  9. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Great feedback. I've always pondered this question as well in the startup community - you hear a lot of people say "fail fast" or "you need 1 or 2 big failures" as if failing a business should count. It doesn't, your business fails because it's flawed and based on your desire to make money. I...
  10. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Great points im excited to check out jay Abraham never heard of it before Sent from my iPhone using Tapatalk
  11. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    In late development stages, have been at it for about 5 months- treated it as a hobby for the first 1 or 2. Sent from my iPhone using Tapatalk
  12. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Great feedback thank you. Regardless of how confident I want to be, it's daunting to hear figures like this when you put in the prep work about how so many people fail and I figured like you said it's a lot of people with no idea, no plan, etc Sent from my iPhone using Tapatalk
  13. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Had to google that one But interesting read! Thanks. I've seen this happen a lot- our graphic designer left last year to start her own graphic design company and it was just "Kate's design".... Just a technical person trying to make money doing their technical skill and it never lasts. Sent...
  14. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    I was curious to just garner some opinions on this topic. I'm a successful 25 year old business person, I've work in sales and marketing and understand hard work and persistence - branding a product properly and hitting the ground to sell the crap out of it, dealing with rejection. I'm leaving...
  15. TreyAllDay

    Are 5% yearly bonds/investments possible?

    INVESTING 
    Whoops sorry I meant 5% per year lol. But so it is possible to find a safe bond near like 2.5-3% ? Good to hear Sent from my iPhone using Tapatalk
  16. TreyAllDay

    Are 5% yearly bonds/investments possible?

    INVESTING 
    My business is finally, slowly taking off and although I don't have the cash yet to fully fund my money tree- I want to start looking at the long term financial aspect of my life. In mj's book he talks about creating a money tree in government (or other) bonds that yields monthly payments at 5%...
  17. TreyAllDay

    Can't stand this fantastic cushion I'm sitting on

    INTRO 
    Way to go man!! Keep at the grind and do what you can to automate your system so you can continue selling in your off-time. I've had friends who worked government and hate it. Again it's a cozy life, nice retirement, lots of perks and benefits but not overly rewarding or competitive. Sent from...
  18. TreyAllDay

    Any Bi-Polar people here?

    I can't say I'm bipolar or have been diagnosed however my whole life I have rode waves of extreme happiness and then have at times been extremely sad and discouraged . I've been extremely into working out, then completely lazy after 2 weeks and then back into it again. Spent time smoking a LOT...
  19. TreyAllDay

    How do I keep my employer from claiming ownership of my business?

    Thank you for the advice everyone. This is the first post i've received alot of feedback on and it makes me feel very welcome!

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