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  1. Ikke

    Money System - What Are You Investing That's Getting 5% Return?

    HOT! INVESTING 
    I started using Mintos after reading about it here and talking about it with some friends. My experience so far is excellent. I mostly buy claims with a buyback guarantee for when the loan is 60 or more days delinquent. The interest rates seem to be dropping for these kind of loans with a...
  2. Ikke

    IKke's progress thread, advice appreciated

    EXECUTION 
    I'm shocked to find out that already 2 years have passed since I posted this thread. (Summary at the bottom) Getting the job. During my study and holiday I wasn't able to ramp up revenues and product enough before I finished school. After graduation my parents indirectly forced me to get a job...
  3. Ikke

    Dead-End Sh*t Jobs ... Yours?

    NOTABLE! 
    I must agree on this. It's is one of the most valuable things I learned at my previous job.
  4. Ikke

    Wholesaling to retailers

    MARKETING 
    Recently I went to the shopping area of my city trying to find any store that wanted to carry my products. Almost all retailers I spoke to did not want to carry my products because there already was 1 store in the area which sold a similar product. I went to this one particular store figuring if...
  5. Ikke

    Wholesaling to retailers

    MARKETING 
    I have removed the MOQ from my catalog and added a minimum purchase amount as I think that is indeed a good idea. I have also added a higher amount from where on I will pay shipping to try and get bigger orders. I also added an ordering sheet to the end of the catalog which the retailer can fill...
  6. Ikke

    Have you ever walked away from a sale?

    To be able to negotiate, you need to be able to walk away. But you should decide for yourself if the reward is worth the effort. You can also try the "if you can't convince them, confuse them" approach to get the focus away from pricing with the hagglers.
  7. Ikke

    Wholesaling to retailers

    MARKETING 
    Thanks for joining in @AllenCrawley. The big retailers of my niche are small/medium sized (online) stores which are one of the largest in this niche. Another question: when you do not have a MOQ, do you have a minimum order value? If yes how do you decide the number? I can only of thinking...
  8. Ikke

    Wholesaling to retailers

    MARKETING 
    Hello, I have a small brand in a particular niche. I want to enlarge my reach onto the market by having my products sold by the big retailers in this niche. I have made a catalog with all my products and their relevant details. My question is, should I put the the MAP, WSP and MOQ in the...
  9. Ikke

    What if you don't love your idea?

    IDEA 
    Love the process not the product. Some of my fastest moving products are the ones I love the least. But I do care about them the most because my customers do.
  10. Ikke

    How to Kickstart A "Clothing Company" With ZERO Inventory and Only $100

    EXECUTION 
    Great contribution to the forum. Rep. +
  11. Ikke

    Are You Holding A Full-Time Job While Still Working On Your Fastlane Business?

    MINDSET 
    I tried doing both but having about 11 hours of indentured time 5 days a week really didn't help.
  12. Ikke

    Pricing and Psychology

    NOTABLE! 
    Hello Nick, welcome to the forums. I once bulk bought a product which ended to not be as good as I expected. I tried selling them all off at a low price and I sold very few items. Then I increased the price by about 400%. Now it started selling and at the time it became my fastest moving...
  13. Ikke

    FREE course on selling to retailers (this week only)

    Thanks for sharing. Rep+
  14. Ikke

    Struggling with ADHD? Triple Your Productivity in 30 Days!

    MINDSET AMA 
    I have been thinking about this on and off for quite some time as you might notice due to my late reply. If the reset button was pushed and I was dropped in a random city with nothing at all. I suspect survival mode would engage and i would probably seek anything, probably a job, that would...
  15. Ikke

    You are almost 18 now. How is your story going?

    You are almost 18 now. How is your story going?
  16. Ikke

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    I believe they use a local booking agent and the price is determined by comparable rentals. I don't know the exact details on the numbers but the suggested purchase price was €80000 and the rent about €800/week.
  17. Ikke

    Live Rent Free in Multiple Countries

    NOTABLE! REAL ESTATE 
    Very interesting read and certainly very attainable for low capital real estate investing. I also know a couple who have a holiday home near the beach. They rent it out in the summer season and enjoy it themself in the low season or when it is not rented out. I believe they rent it out for 1%...
  18. Ikke

    Struggling with ADHD? Triple Your Productivity in 30 Days!

    MINDSET AMA 
    @tminch55 How did you find out what you were really good at? I myself am interested in almost everything, from accounting to mechanical engineering to industrial engineering to marketing to growing potatoes. The one thing they all have in commen is that they are about creating but that's it.
  19. Ikke

    The Boss Vs. The Employee Mentality

    Here is another piece of gold (should start at 49:56)
  20. Ikke

    Online business and VAT (Value Added Tax) on Internet Sales ?

    TAXES | REGS 
    Whether or not you have to charge VAT heavily depends on your and your customers location and whether your customer is has a VAT number or not. In broad lines the following can be applied. But it is best to get professional advise. B2C (within EEC) When you (or you corporate entity) resides in...
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