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  1. AgainstAllOdds

    How is Coronavirus affecting your business?

    HOT! 
    This situation isn't a valid argument for why you should go American instead of Chinese. The epidemic is based on randomness. You have a similar probability of a random disruption happening in the U.S. There's no way to prevent these disruptions in the supply chain. The only thing you can do...
  2. AgainstAllOdds

    How is Coronavirus affecting your business?

    HOT! 
    Above are some pictures from a Chinese group I'm in. That's the mindset that the Chinese are in right now. That's their reality. It's not just in Wuhan. Wuhan has it the worst. But the country is getting shut down everywhere. People in a lot of cities aren't allowed to leave their homes...
  3. AgainstAllOdds

    How is Coronavirus affecting your business?

    HOT! 
  4. AgainstAllOdds

    How is Coronavirus affecting your business?

    HOT! 
    Update: A lot of factories are getting back to work by the end of this week. Some are not. The Chinese are coming in to work in facemasks. In a lot of areas, factories have to have "protection facilities" for the virus, and then can submit an application to get reinstated. This process seems...
  5. AgainstAllOdds

    How is Coronavirus affecting your business?

    HOT! 
    PSA: F*ck business. I don't think the coronavirus is real, but for the Chinese it's very much real. I know all of us want our product. We want business to go back to normal. We want to make money. Fulfill obligations. Keep the wheels turning. ... but right now, that's not...
  6. AgainstAllOdds

    All you need are samples.

    HOT! 
    Everything I sell is under my own company and brand. Building materials. A lot of commoditized products, positioned in the higher quality tier. I buy the products 3-4 months ahead of time, sell them either right when they land on project-based deals or through local distribution over time on...
  7. AgainstAllOdds

    Adding 10 new habits at once

    HOT! MINDSET 
    The "studies" are typically as follows on college campuses with college students: A student is sent into a room with a cookie and radishes. Told to eat the radishes and not the cookies. Then asked to do a task after eating the radishes. The conclusion always is "because the person had to use...
  8. AgainstAllOdds

    Adding 10 new habits at once

    HOT! MINDSET 
    This is a bullshit theory based on a bullshit study. Look up the studies this theory is based on. All bullshit. Doing things allows you to build work ethic and do more things. Anyone that says different is a simp.
  9. AgainstAllOdds

    27 minutes or less: How to cold call prospects while dealing with a dayjob?

    SIDE HUSTLE WEB DESIGN 
    Who are you selling to? Blue collar industries, the decision maker is in from 7am to 9am typically, and then heads out. So perfect to pitch them. Just start calling before work. See what happens. Otherwise, just call during lunch. Work with what you have. No real way to change that unless you...
  10. AgainstAllOdds

    Figuring Out YouTube

    HOT! EXECUTION 
    My comment wasn't a few weeks ago. It was four months ago. And that's my point. If you want to quantify the value of youtube, you could roughly do it with CPM rates. From several articles, it seems that a $5 cost per thousand views is on the higher end. That number represents 55% of of the...
  11. AgainstAllOdds

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

    IDEA 
    You're gonna bounce back man. Just need to stay disciplined and grinding and it's inevitable. If you need someone to hit up about anything, feel free to message me. I dealt with a few friends that were drinking, so don't hesitate if you need someone to talk to or think things through. You'll...
  12. AgainstAllOdds

    Kobe Bryant Dies in Helicopter Crash

    HOT! OFF-TOPIC 
    At that level of wealth, you're not "driving to the helicopter's location." You have a helipad where you live. "During his career with the Los Angeles Lakers, it was common for Bryant to travel by helicopter from his Orange County, California, home to Lakers games at Staples Center in downtown...
  13. AgainstAllOdds

    Kobe Bryant Dies in Helicopter Crash

    HOT! OFF-TOPIC 
    One thing worth pointing out is how baller Kobe was. This guy was flying around in helicopters regularly because it wasn't worth his time to get in a car. That's a level that I aspire to get to. The work ethic, determination, grind... so much to be admired.
  14. AgainstAllOdds

    Kobe Bryant Dies in Helicopter Crash

    HOT! OFF-TOPIC 
    Sad all around.
  15. AgainstAllOdds

    Unscripted minds, How did you overcome the fear of taking actions that are considered out of bounds for rats race people ?

    MINDSET 
    No. That's because the EV on taking most courses is most likely negative. What EV makes sense for is decisions that have verifiable data points behind them, and the ones that assure a strictly positive upside. For example: cold calling. You don't know the exact EV datapoints. But you know if...
  16. AgainstAllOdds

    Unscripted minds, How did you overcome the fear of taking actions that are considered out of bounds for rats race people ?

    MINDSET 
    To add onto what everyone already said: EV calculations. If you calculate that the "risk" you're taking is a positive expected value, then you should take it. If you invest $10k, and have a 50/50 chance of success, success being defined as $100k+ per year, then it's obvious you should make the...
  17. AgainstAllOdds

    Money & Food

    HOT! INVESTING 
    Sure. To summarize, I was referring to opportunity cost and its relationship to time/freedom - which I believe for most people is the end goal. The goal of maximizing your freedom to live life on your own terms. I'll break it down into parts. 1. You need to push yourself so that your time...
  18. AgainstAllOdds

    Money & Food

    HOT! INVESTING 
    You're not going to like the answer, but the most sensible way to fix this is to make more money. Let me expand on that thought. The reason you're eating out is likely because: you prefer eating out to cooking, and because it's convenient. The reason you don't like eating out is: because...
  19. AgainstAllOdds

    It's a pleasure to meet the next generation of entrepreneurs. Launching a Membership group, any tips?

    INTRO 
    What's your excuse for not committing to this e-commerce business and scaling it to something big? You mention shiny object syndrome. This seems like something that you shouldn't have allowed to die off. When something's working, you put gas on it and keep doing it.
  20. AgainstAllOdds

    Small Scale Manufacturing Machines

    HOT! 
    It's a simple calculation: 1. How many hours will it save you per week? 2. Multiply that by 48. Assuming that's how many weeks you'll be working. 3. Then multiply that by 2, assuming that machine will last at least two years. 4. Next, take your hourly income, and multiply it by the number you...

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