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  1. Walter Hay

    Has anyone started/built a supplement company before?

    SOURCING 
    Rather than look for a manufacturer that advertises as a Private Label supplier, I would suggest looking for companies who are toll manufacturers, or simply manufacturers of the kind of products you want to buy. The reason is that whatever kind of products you want to buy, if they advertise as...
  2. Walter Hay

    CHASING TRENDS

    MARKETING 
    While updating my Marketing Psychology book I came upon some information that surprised me. I found three large digital marketing companies that all promoted the idea of searching for what products are trending. I won't name them, but they are well known and they all follow the same pattern...
  3. Walter Hay

    Resource? Import Requirements by Country

    SOURCING 
    To the best of my knowledge there is no such resource, but you can qucikly get answers by contacting a Customs Broker. If you have reached the stage of preparing to order a shipment, ask you freight forwarder. Almost every freight forwarder will have a Customs Broker in their staff. Walter
  4. Walter Hay

    Import/Export to India

    SOURCING 
    Good thinking! Walter
  5. Walter Hay

    Forum Members and Their Books!?

    PUBLISHING 
    I am taking this opportunity to bump this thread as a reminder to everyone that there are a number of members who have written valuable books that answer many of the needs of those trying to start and grow a business. I suggest at least a quick browse from page 1 onwards might find just what is...
  6. Walter Hay

    Why do people buy?

    IDEA 
    There has been a lot of comment about what the consumer NEEDS, but a lot less mention of WANTS. If you want to operate a successful business to make money you need to understand that consumers are far more likely to think that what they want is what they need. Get inside their brains and think...
  7. Walter Hay

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    I notice that in several posts you have expressed the thought of franchising a business, and many of the businesses you have listed would be well suited to that approach. The biggest benefit is that you don't have to employ people, so you can build a large scale business without any of the...
  8. Walter Hay

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I went to the website and found it strange that the advertising copy on the site was not written in "Bionic Reading". It certainly would not help me read faster, because I have been a speed reader since childhood. I was an avid reader from an early age. I spent a large part of my childhood up...
  9. Walter Hay

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Yes, you can find my books on my website www.WalterHaysBusinessBooks.com or by clicking on the Marketplace link in my signature below. Regards, Walter
  10. Walter Hay

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    This is absolutely true. In my EXPLOIT book I provide a description of how AN OBSCENELY EXPENSIVE perfume was launched in 1930. at the height of the Great Depression. Even though it was marketed as “The World’s Most Expensive Perfume” it was a huge hit, with the price equalling the cost of 700...
  11. Walter Hay

    Are IQ (Smarts) and Success Correlated?

    HOT! CHAT 
    As I wrote in Post#28 of my featured user thread, Walter Hay, Imp/Export Extraordinaire (Vandalay Industries), while spending a lot of time in hospital as a child, I read the entire Encyclopedia Britannica, and having a photographic memory, was able to answer every question asked by the kids...
  12. Walter Hay

    My journey of determination, hard work, and self-discovery

    INTRO 
    Don't discount your ability. You have already succeeded in areas that many people would envy. You grasp of English is excellent, indeed it is better than the standard of English achieved by many whose native language is English. Your early difficulties in life can actually be a great help. In...
  13. Walter Hay

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    The method I use is to soak my feet in a rectangular bucket containing enough fluid to reach my ankles. I do this while sitting at my desk. Walter
  14. Walter Hay

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Epsom Salts (Magnesium Sulfate) are a very low cost but highly effective means of providing fuel needed by much of the human body. Magnesium tablets are a waste of money because ot the low absorbtion rates. To avoid any laxative effect, soak as much of your skin as possible in a solution of...
  15. Walter Hay

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    Why??? The media and governments are all constantly reporting on the terrible rate at which inflation is increasing, with the result that there is a public expectation of price increases. Vendors take advantage of that by increasing prices to match or exceed those public expectations. Walter
  16. Walter Hay

    Post all of your ideas and random problems you’ll never execute on...

    GOLD! HOT! IDEA 
    When leaving hospital after hip replacement treatment I was given what is generally called a "Reacher Grabber". It has a handle or trigger that when you squeeze closes the grip (grabber) end enabling a person to pick up items without bending. My wife has one also. Being garden lovers we would...
  17. Walter Hay

    What's your motivation to do things if you don't need to make money.

    NOTABLE! HOT! MINDSET 
    I too am a committed Christian, but I believe that the reward offered is life on a vastly changed earth. The thrust of Solomon's writing in Ecclesiastes is that life without God is meaningless. In Chapter 3 he emphasises that time is humanity's limiting factor. Walter
  18. Walter Hay

    What is the Fastlane stance on Debt?

    MINDSET QUESTION 
    HOW I AVOIDED DEBT IN MY BUSINESS VENTURES. It's simple, but few entrepreneurs do this. My method was to sell with very high profit margins. In order to achieve that it is neccessary to: Buy at low cost. Be daring enough and capable of selling at a high price. (i.e. Convince customers of the...
  19. Walter Hay

    Is it normal for me to get a job if I have no starting capital to fund the first stages of my business? If not, what side hustles can I do?

    SIDE HUSTLE 
    I agree with those who say YES. I learned a lot from my first (and last) sales job and it equipped me with knowledge , experience and ideas (but almost no money) to start my own business. See my thread: How I Made My First Million and the Next……. Walter
  20. Walter Hay

    Post all of your ideas and random problems you’ll never execute on...

    GOLD! HOT! IDEA 
    If you produce an app you have to sell it and once sold you have to find more mechanics who will buy it. See my answer to BizyDad below YourMechanic operates in "2000 cities" and employ mechanics who are casuals who can choose where, when, and can "Work evenings, weekends, or full-time -- you...

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