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  1. Supercar

    Can Feeling Happiness make you richer?

    EXECUTION 
    A few months ago I was taking a medication that had an anti-depressant side effect. Well... I almost started a $10B business. I spent $4K to buy a domain name, the rest of the process looked like a slam dunk... Or so I thought. When the drugs wore out I relized how trememdous of an enterprise...
  2. Supercar

    Sleeping with the "enemy"

    I would not worry as much. It sounds like you are on the right track. The best bosses in high-growth companies are demanding and lead by example. People want such bosses. This is why they applied for the job at your company in the first place. If they do not want a boss they should start their...
  3. Supercar

    The coming recession

    HOT! INVESTING 
    When someone coined the phrase "cold hard cash" I bet they were not referring to paper money.
  4. Supercar

    The coming recession

    HOT! INVESTING 
    So, Dalio timed the market wrong last month. Now he changed his mind. ‘Risks of a recession’ are rising, says head of world’s largest hedge fund
  5. Supercar

    Have a Prototype Ready, how to Get Money to Fund it?

    I can't tell because I do not now what your product is. You haven't told us what you've created, but you are going to tell Kickstarter and the whole world first?
  6. Supercar

    Have a Prototype Ready, how to Get Money to Fund it?

    Totally possible, if you have a credibility with your customers, and if they know you. Elon Musk just sold a few hundred of Tesla roadsters for $250K each after hand-building just a handful of prototypes. Same with $5M worth of his stupid flamethrowers, which he hasn't produced or shipped...
  7. Supercar

    Last 2018 summit ticket (2 hrs left)

    I want it! Sending a PM.
  8. Supercar

    How important is your credit score?

    Credit is a resource. As with any resource, you may or may not need it in your fastlane business or in your slowlane life. Having a bad credit means that you have been irresponsible with your actions, and that people should not be trusting you with their money or property. This can hurt you in...
  9. Supercar

    Have a Prototype Ready, how to Get Money to Fund it?

    I would love to have a problem manufacturing something that sells well and makes a good profit. You first spend a few grand of your own money to make prototypes and the first batch for sale. Then, if the product sells, you re-invest the profits and/or borrow from credit cards, banks, customers...
  10. Supercar

    Ohio teenager used his entire savings to become a cryptocurrency millionaire

    CRYPTO INVESTING 
    Do not care about reading the article, sorry. You only needed to buy $5K worth of bitcoin at $200 three years ago to have a million by now. Or $1K of ethereum at $0.89 two years ago. I bet a lot of bitcoin millionaires were/are teenagers because this is who hangs out on hacking and cryptography...
  11. Supercar

    Do you guys refund shipping fees as well?

    The return shipping is pretty much always paid by the buyer. The rare exceptions are Amazon Prime, for which customers pay an annual fee, and some companies that sell clothing and offer a guaranteed fit and a first exchange free. Just wanted to add that the best online companies offer an option...
  12. Supercar

    Do you guys refund shipping fees as well?

    If you charge shipping fees then you keep them. If you offer free shipping then you don't.
  13. Supercar

    The coming recession

    HOT! INVESTING 
    No, the scientific and technical progress in the last 50-100 years alone has not shown to lower the price of healthcare. Quite the opposite. Nor is the proress likely to cause a recession. It is the OPM (other peoples money) that everyone in the industry, especially the insured patients, is so...
  14. Supercar

    The coming recession

    HOT! INVESTING 
    Could be this: What to make of Amazon and Warren Buffett’s mystery health care project
  15. Supercar

    I just sold my first eCommerce business (FU money!)

    NOTABLE! 
    Yay! Congrats !!! Now tell us all about it. How it works, lessons learned, etc. Everything please.
  16. Supercar

    Anyone here who donates part of their earnings to charities?

    Stating a lower single digit percentages is pretty common, if a company wants to donate to a charity or a cause. I am thinking, you could state a higher percentage if you make it a percentage of profits, not revenue. On the other hand, stating as a percentage of sales makes it more tangible...
  17. Supercar

    The coming recession

    HOT! INVESTING 
    If the debt is large, but the payments are small and fixed, then the debt disappears when the hyperinflation kicks in. The prices and the incomes go up, and all of a suddden your debt is not large but tiny. You pay it off easily and quickly with the new inflated cheap money. And you get to keep...
  18. Supercar

    The coming recession

    HOT! INVESTING 
    Here is one of the gold bugs saying the exact same thing. He wrote a book about the coming recession. What bothers me is that this time around he sounds very credible: View: https://youtu.be/lT-XWWRUyDM
  19. Supercar

    The coming recession

    HOT! INVESTING 
    I've lived through a few currency collapses in other countries. The US dollar is unlikely co collapse, unless it collapses together with all the other fiat world currencies and people will switch to barter. But a significant inflation is very likely. These already was hyperinflation in the US in...
  20. Supercar

    The coming recession

    HOT! INVESTING 
    Some of my stocks are peaking just like the bitcoin a month ago. Will the market crash next month or next year? LOL! If you search archives, there have been "The coming recession/crash" threads since 2010. I think this time it will happen for real. Pretty soon. And I do not think cash will be...

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