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  1. leveragehacker

    Introducing myself. New guy from the UK.

    INTRO 
    Welcome to the community Josh. Will be interested in seeing how your thinking changes after you've read the book.
  2. leveragehacker

    I Laugh At Your Due Diligence and Market Research.

    RANT 
    Awesome. The main thing is that you're having those conversations to get the insights that will help you make better decisions and not assumptions like the person you referenced. :rockon:
  3. leveragehacker

    I Laugh At Your Due Diligence and Market Research.

    RANT 
    How many of your target customers have you had a real conversation with regards to the product you are trying to sell them? Your other research sounds good but it's conversations with real target customers which will teach you the most. Perhaps even more importantly it's the conversations where...
  4. leveragehacker

    I Laugh At Your Due Diligence and Market Research.

    RANT 
    Lol had a little chuckle with this one. Definitely a common problem of the over-confident entrepreneur, I make the same mistake often myself. This was a nice little wake up call. So that you don't make the same mistake, what research have you so far conducted to remove the risk from your...
  5. leveragehacker

    No network? No money? No idea? No education? NO PROBLEM!

    GOLD! IDEA 
    Thanks for the reply ICK, clarifies a lot - I know what I need to do. This is where my life is at the moment: https://www.thefastlaneforum.com/community/threads/journey-from-40k-debt-to-freedom.53155/
  6. leveragehacker

    The biggest lie that you believed for most of your life?

    NOTABLE! MINDSET 
    That I was smarter than everyone else
  7. leveragehacker

    Real Entrepreneurs are Happily Unemployable

    MINDSET 
    Awesome. Very similar story to you in terms of the 'starting business whilst still in mountain of debt from the previous business'. Inspiring to see that there's a way out !
  8. leveragehacker

    No network? No money? No idea? No education? NO PROBLEM!

    GOLD! IDEA 
    This post is so so so valuable. Those action steps are exactly what lead to value being created. Love it ICK!!! If I get stuck with my current idea then these are the action steps I am going to follow for sure.
  9. leveragehacker

    The "Astonishing Secrets" Thread

    GOLD! MINDSET 
    This is epic and most likely explains why I have not found the ice cream with my past ventures. Thanks dude. I'm going to try approaching my next sales calls with a mentality of "I wanna help you as much as I possibly can"
  10. leveragehacker

    Journey from 40k debt to freedom

    EXECUTION 
    Thank you KLaw!
  11. leveragehacker

    Journey from 40k debt to freedom

    EXECUTION 
    Thanks Jason, failure is most definitely only feedback. Giving up way too soon and lack of focus has always been my biggest weakness. Even though I have 3 ideas about what to do next this time round I am focusing on just the one.
  12. leveragehacker

    Journey from 40k debt to freedom

    EXECUTION 
    I'm not really sure around the specifics of bankruptcy laws in Australia but as far as I know it means you're kinda screwed for the next 7 years in terms of credit rating and ability to secure loans or be listed as a director for a company. Certainly some people with large amounts of debt...
  13. leveragehacker

    Journey from 40k debt to freedom

    EXECUTION 
    Thanks MJ, great to be here. One funny little sidenote about your book; my mum has constantly been shoving Dave Ramsey stuff down my throat the past few weeks and I can't describe how much I laughed with relief when I saw your opinion of what he teaches. I reiterated your points to her about...
  14. leveragehacker

    Journey from 40k debt to freedom

    EXECUTION 
    I'm not a technical developer but my cofounder at the time used Mechanical Turk - a service owned I think by amazon that allows you to get 1000's of people to do micro tasks. companies like Plenty of Fish will use it to verify profile photos of new signups are not pornographic.
  15. leveragehacker

    Journey from 40k debt to freedom

    EXECUTION 
    Ok so I just had my lunch break at my new job and I used the time to do some cold calling to see if I could generate some sales. I called 6 businesses. 1 didn't answer 1 hung up after I introduced myself BUT 4 all listened to my pitch, liked it, and then asked about the price. However then...
  16. leveragehacker

    Journey from 40k debt to freedom

    EXECUTION 
    Hey fastlaners! Name is Nathan, 22 and from Sydney Australia. Brief history: - started my first biz selling vitamins on ebay at 16 - made $12,000 profit in 3 months and then blew it on a girlfriend and other stupid stuff. - over the next 5 years launched a really broad variety of startups...
  17. leveragehacker

    Hunting Ecommerce Site to explode!

    EXECUTION 
    Fair enough.
  18. leveragehacker

    ToothbrushSubscriptions.com - 1.5 years in.

    EXECUTION 
    Getting consumers to sign up to a recurring payment is tough. Curious as to your churn rate. Good job on the design, looks nice. Have you got a referral program set up to incentivise your existing customers refer new ones? I remember DSC did this well and I found the same referral software...
  19. leveragehacker

    18 y/o starting a local cleaning company.

    EXECUTION 
    Hey dude, Great work so far. Inspiring to see someone young hustling hard. A few ideas/thoughts: - Think about distributing fridge magnets instead of door hangers. People keep them for longer. - Consider adding a unique talking point to your customer service. Whats something that will...
  20. leveragehacker

    Brick and mortar business's ( Magnitude, scale and demand)

    EXECUTION 
    Thanks for sharing. It's good that you've decided on your area of competence and are educating yourself in it more and more. Best of luck in your journey. I couldn't agree more on the points regarding knowing how to sell.

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