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  1. CPisHere

    Where/How to start an LLC?

    Legalzoom is definitely not the cheapest. They are a company I trust though, and they make it very easy. You don't need any company to do it though, you can do it yourself. However, for a first timer, I recommend a service that will ensure you do it right.
  2. CPisHere

    Just quit my dream job, and sold my cars...

    Is your plan to monetize the site with Ads? I think such a niche social network has the ability to monetize much more effectively than just ads. With a strong network, you would have the potential to do some pretty awesome Joint Venture programs - lots of companies out there would want access...
  3. CPisHere

    Just quit my dream job, and sold my cars...

    A great piece of advice that I've been given is to come up with a minimally viable product - a rough sketch of your idea, as soon as possible in order to prove the market wants it. Once you get evidence that people are interested in your product, you can release a working, non-finished product...
  4. CPisHere

    Best "Business" Gurus's?

    We all know MJ's stance on financial gurus who espounge advice to "get rich" via the slow-lane, but what about Business Guru's? Who do you like out there? Who's material can you not get enough of? Personally, I am a HUGE fan of Jay Abraham. If you want to start a successful business and...
  5. CPisHere

    Need Advice. Which College Major will lead me to my "Fastlane"?

    No college degree will help you go fast lane, unless you build a business based around something that requires a specific set of knowledge taught in college (there's not many, but Accounting & Electrical Engineering are probably in there). The skills you need to succeed in Entrepreneurship...
  6. CPisHere

    Where/How to start an LLC?

    I recommend LegalZoom.com and filing in your state of residence (unless your state has aweful corporate protection). No real reason to use Delaware for an LLC when 90% of the states now have laws just as corporate friendly as them. S Corps are generally a bad decision. It should be LLC vs...
  7. CPisHere

    Marketing Consultant - Worth it or not?

    MARKETING 
    A great consultant is worth their weight in gold. Unfortunately, most consultants are worth far less than they cost. As a small business, steer clear of anybody that wants to "get your brand out there". Brand Advertising is for companies that have millions to spend - not small businesses. You...
  8. CPisHere

    The case for Real Estate over the Fastlane Strategy

    Rental properties are great for cash flow, but not for building a high net worth quickly. I think investing in rental properties is an EXCELLENT source of diversification for investment of your assets, but I wouldn't want to rely on it for building an asset base.
  9. CPisHere

    Help with Marketing Ideas for New Product

    IDEA MARKETING 
    I would start off by giving your product away to your IDEAL customers, which means you will have to identify who your ideal customer is. Professionals and students/party-animals are very different crowds. And since your drink aims to allow people to FOCUS, rather than get amped up - partying...
  10. CPisHere

    Which Business is Better - Manufacturing or Retailing?

    I currently own a retail store with my wife (open 2 months now), and we're doing pretty well so far. My goal was to get the store to a point where it drew a profit of $75 - $100k/year, which will be tough, but I still believe it's doable. Once we get there, we can open more stores (without...
  11. CPisHere

    MLM or Network Marketing Schemes, Cringe, and More

    GOLD! HOT! 
    This forum isn't dedicated to MLM companies - it's dedicated to the fastlane via BUSINESS. I own and operate a business that I hope to make fastlane, but will never engage in MLM activities. I am an optimist, but if you were in prison getting raped, I doubt you'd be smiling. At some point, you...
  12. CPisHere

    What's Your Take on This? Heart Attack Grille!

    HOT! MINDSET 
    I've been there before. The nurses were very mediocre looking, and the food was even worse (not health-wise, but taste). It's a shameless gimmick, a marketing tool to get people in the door, but it works so more power to 'em.
  13. CPisHere

    Anyone on here a "franchisor"?

    I don't know a whole lot, so I'm qualifying that the advice I am about to give is based mostly on assumptions from reading different things online. The absolute first thing you have to do is prove the concept is profitable, then you have to prove it's repeatable (i.e. standard documented...
  14. CPisHere

    New to the Forum - I went from Fastlane to Slowlane

    SLOWLANE 
    I think business plans are worthless, and I'm not against action without a plan, but you need to at least have some solid IDEAS on how to monetize. Otherwise, you will likely give up too easily.
  15. CPisHere

    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    Finished it before I came to the forum. I LOVED the book. So many business books these days are 200 pages long, but only contain 20 pages worth of valuable content. The Millionaire Fastlane was the polar opposite of this. When I was a quarter of the way through it, I couldn't believe I hadn't...
  16. CPisHere

    MLM or Network Marketing Schemes, Cringe, and More

    GOLD! HOT! 
    I fully expected some backlash, but my opinion stands. Of course it is a generalization, and there may be one product that is an exception, but the exception proves the rule, not vice-versa. Due to the compensation structure, products sold through MLM companies have to be extremely marked up...
  17. CPisHere

    How to take my B&M business Fastlane?

    $200k should be plenty to open 1 location. I would definitely start with 1 location, once you've proven it's profitable and repeatable, you can take on investors to open more locations or franchise it out after that. A single location isn't fast-lane, but it still could be quite profitable -...
  18. CPisHere

    MLM or Network Marketing Schemes, Cringe, and More

    GOLD! HOT! 
    One thing I was disappointed in the book was MJ's lack of attention to ethics in regards to business. MLM is a scam. There's not a single MLM company out there that sells a product that's a good value. They make a lot of money (for the founders), but only provide value to the owner's lives -...
  19. CPisHere

    New to the Forum - I went from Fastlane to Slowlane

    SLOWLANE 
    Lots of people make money via cooking in one way or another. Having a blog is not a likely source of much money if it's based purely on advertising - you need to identify your monetization strategy. Blogs are good for SEO and driving traffic to a site, but ads provide a very low financial...
  20. CPisHere

    Finding wholesalers?

    Obviously you either didn't read the book or didn't understand the concept... Amazon is THE online mall. What could you do better than them? What could you sell cheaper? Why would anyone use your site instead of other billions of them out there? I made this same mistake by buying a Pet...

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