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  1. AgainstAllOdds

    A genuine MASSIVE coronavirus business idea/need.

    HOT! IDEA 
    This. I know one factory sitting on a million + masks. I'm going to import them and supply for the next 2-3 weeks to F*ck over the price gouging dickheads. My expectation is in 4 weeks that we'll have ocean deliveries hitting and sufficient supply.
  2. AgainstAllOdds

    Price Gouger Is Left with Thousands of Products!

    HOT! OFF-TOPIC 
    Yeah, but what you're leaving out is that @million$$$smile was providing a service. At that time, the virus wasn't serious in the U.S. Most of us were laughing at it. He was taking supply that had no ready demand, and offering it indirectly to the Chinese who needed it - he was brokering the...
  3. AgainstAllOdds

    Once again, the workforce did not let me down

    That's a really f*cked up mindset. These people aren't your slaves. They're your partners. If they're replacing your time in the business then they're as essential to the business as you are and should be treated as such. Your approach so far is horrific. I did some quick searching in...
  4. AgainstAllOdds

    PSA: Don't pursue sports betting as a means of generating income

    OFF-TOPIC 
    Here's a great read if you have the time: https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code Here's the wikipedia on the same guy. Work $670 million AU when he died: Alan Woods (gambler) - Wikipedia.
  5. AgainstAllOdds

    Dealing with loneliness as an entrepreneur.

    The tough answer: Build your business to the point where you can hire/partner with people you like. Then you go into work every day and get paid to hangout with your friends. That's what I did. The start can be lonely. Once you hit a point where you can hire people it gets less lonely. It's...
  6. AgainstAllOdds

    You're needed more than ever...

    MINDSET 
    That's an extremely biased lens. The people that are doing stuff aren't the first to jump on the forum. The most likely to post doom and gloom are those that have irrational fears and emotions, which they choose to express in a forum of their choosing (usually we see this with sidewalkers on...
  7. AgainstAllOdds

    My Personal Warning Alarm On Coronavirus - 1 MILLION+ Deaths

    HOT! PEOPLE 
    This is the correct approach. Investing any time into corona past a satisfactory prep period is idiotic. If you're going to die, you're going to die. If you're not going to die, then you should be focusing on growing yourself as a person and your business. Head down. Push forward. Hope for...
  8. AgainstAllOdds

    The Worldwide C0VlD-19 Coronavirus Pandemic Discussion Thread...

    HOT! 
    I still don't understand this stupidity with the masks.
  9. AgainstAllOdds

    PSA: Don't pursue sports betting as a means of generating income

    OFF-TOPIC 
    This was a reply that I sent to a private PM. I think it's worth repeating here: On the average bet, you're expected to lose 5% of the money you bet. That's how the book makes money. That means that you have to have an advantage over that margin in order to squeeze out a positive EV profit. So...
  10. AgainstAllOdds

    Gravy's Hustle Thread: $100k/mo or Bust!

    GOLD! HOT! 
    I can confirm that @GravyBoat 's numbers are real. I spent a week out in San Diego and during that time was able to see exactly what he was doing. The numbers are very much real and in my opinion should be growing with time. If you want to knock @GravyBoat for anything, it shouldn't be his...
  11. AgainstAllOdds

    I'm going to go from bankruptcy/£240,000 personal debt to a life of freedom using Facebook ads.

    EXECUTION 
    This. Have you ever had a job long-term? If not, I'd start there. Get a job. Take a salary. See if you like it. Negotiate down your debts. Get your mind right. From the sounds of it, you're not in the right state of mind to take on the stress of starting a new business. No offense, but you...
  12. AgainstAllOdds

    The Worldwide C0VlD-19 Coronavirus Pandemic Discussion Thread...

    HOT! 
    View: https://www.youtube.com/watch?v=BKAoHCjlUFw&feature=youtu.be Best interview I've seen on supply chain implications.
  13. AgainstAllOdds

    How would you move MASSIVE inventory

    SIDE HUSTLE 
    Contact beauty supply stores that wholesale. These distributors are who you want to go through. In Chicago, they're all run by Koreans. My guess is in New York it's similar. I'd find a beauty supply store. Go in. Talk to them. If they're not a fit, then ask if there's someone they think would...
  14. AgainstAllOdds

    Business Ethics Course

    My ethics are guided by my religion, followed by the law, followed by my own preferences. If I check off all three boxes then I'm happy with myself and have no qualms being as competitive as possible. With that said, I would be curious to take a course like that to see if my mindset changes...
  15. AgainstAllOdds

    I Lost A Friend & Mentor Today. I Have To Say Something About It.

    HEALTH 
    Sorry for your loss. Entrepreneurship can be a struggle at times. Alcohol, drugs, etc. at times seem like the right escape, but the effects just compound into a downward spiral. It's sad to hear that's what happened to your friend.
  16. AgainstAllOdds

    The Worldwide C0VlD-19 Coronavirus Pandemic Discussion Thread...

    HOT! 
    One of my suppliers had this on page 5 of their newsletter. A little bit of dark humor.
  17. AgainstAllOdds

    Are Microeconomics and Statistics Any Useful For Market Research?

    This. Figuring out pricing is huge. Also, the general thought process that micro impacts on you can do wonders. When you start thinking of opportunity cost, etc., you'll make better use of your time and how you spend it. That decision making skill is essential to being successful.
  18. AgainstAllOdds

    8 Eyewear: From Idea, to Launch, to Growth (And Quitting the Job)

    IDEA 
    You're doing "$800 - $1500 a day in Revenue, with an ad spend limit of $250." My guess is that your margins are close to 90% since it's sunglasses - maybe I'm way off... $800 *.9 - $250 = $470 gross per day. $171,550 $1,500 * .9 - $250 = $1100 gross per day. $401,500 At a 2.5x multiple, your...
  19. AgainstAllOdds

    8 Eyewear: From Idea, to Launch, to Growth (And Quitting the Job)

    IDEA 
    If you declare bankruptcy, won't EIGHT be sold off to repay the debt? If so, how is bankruptcy an option? It seems like you'd be better off building the cash flow and selling the business for as much as you can to pay off the debt, then have something left over. Declaring bankruptcy seems like...
  20. AgainstAllOdds

    Adding 10 new habits at once

    HOT! MINDSET 
    That's awesome! Yeah. Work ethic/habits are just a matter of discipline. The more you practice discipline, the easier it gets. My problem with the "willpower" studies is as follows... (1) the study isn't a valid study; and (2) it's a horrible mindset to have if you're an ambitious individual...

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