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  1. DaveC

    $3000 within 30 Days. How would you do it?

    HOT! 
    Couple thoughts about this situation: His employer went out of business? Sounds like there's going to be an inventory clearance....may be able to flip that quick on consignment? What about the customer lists, IP, etc....maybe it was just being run poorly and there's value there that could be...
  2. DaveC

    A customer of mine is a CEO of a company that makes €25M/year.

    MINDSET 
    I've always liked Ramit Sethi's approaches: http://www.iwillteachyoutoberich.com/blog/how-to-connect-with-busy-people
  3. DaveC

    Your Biggest Competitor Just Raised $60 Mil. What Do You Do?

    So you nearly have a prototype, and is the USP still the case? Then keep going. Customers don't give a #%^$ how much funding you have, only if the product works for them. Get a sale and go from there.
  4. DaveC

    Lending Club Investing: Good Passive Income Source? (Answer: NO)

    NOTABLE! INVESTING 
    11% is what I am at since 2009 with prosper....that's nothing to sneeze at IMO and is better than several other investment classes, especially since there's some liquidity with trading notes now.
  5. DaveC

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    Mindset by Carol Dweck
  6. DaveC

    Taking a loan for my business

    PEOPLE 
    Well....I think we need more info here. Is someone offering a 0% loan, no strings attached? Or is it a loan shark? Is Mark Cuban offering to invest, or your fixed income grandma? I generally avoid debt personally am looking at it for some larger deals, on terms that avoid personal...
  7. DaveC

    Mergers & Acquisitions (M&A) by Franchisees?

    Yeah I'm not sure about the legalities of it. Usually I've seen this acquisition strategy under the same franchise name, my friend is doing this with a sign franchise right now and just trying to roll up other stores in the area. Can you jettison franchise B agreements and replace with...
  8. DaveC

    Mergers & Acquisitions (M&A) by Franchisees?

    Much of this comes down to franchise agreements and non-compete agreements. Often times you can't just buy an existing franchise, get the training and procedures down, and then just kill the agreement and run your restaurant as "McDowell's" while marketing to the same clients. Also, you would...
  9. DaveC

    How to take on a big SaaS project when you lack confidence

    MINDSET SAAS / APPS 
    Have you looked at competitors in the spaces you are considering? Rather than starting from scratch, it may be more economical to try to buy them out, partner with them, work an affiliate deal with them, etc.... Having a base of customers/revenue/product is a lot easier to work with
  10. DaveC

    The NFL's Personal Finance Class (Making Cash Last a Lifetime)

    EXECUTION 
    Essentially this is just windfall management, nearly the same as a big lottery win. Maybe the NFL and sports in general can decrease huge signing bonus windfalls and pay out more over time?
  11. DaveC

    A Key Entrepreneurial Lesson from a Janitor with a Mullet Named Joe Dirt

    And here I though Tommy Boy was the Spade movie with the best business advice:)
  12. DaveC

    Books of the Highest Calibre

    The Four Hour Work Week How to Win Friends and Influence People How to Stop Worrying and Start Living
  13. DaveC

    Atlas Shrugged

    BOOKS 
    This was a tough read for me too....couldn't get past maybe 30 pages or so. I never understood the hype
  14. DaveC

    Need help refining my subtitle for book on branding and sales.

    PUBLISHING 
    Totally agree with the A-B tests. Surveys are good but sometimes what people say they like and what they buy are different.
  15. DaveC

    Chicago Meet Up...

    MEETUPS 
    @Barbara Galinska @ramonorencio @BellaPippin Nick Thanks for the interesting session from 3/26....will plan on a future event soon!
  16. DaveC

    Chicago Meet Up...

    MEETUPS 
    I'm in conference room 2 by the stacks
  17. DaveC

    Chicago Meet Up...

    MEETUPS 
    Sure.... I have an 8 person meeting room reserved. There should be lot parking and street parking usually isn't too bad around there. Chicago Uptown library at 929 W Buena Ave
  18. DaveC

    Chicago Meet Up...

    MEETUPS 
    Reminder....I've gotten a couple of responses so far...I'll be hanging out so PM if you feel like stopping by
  19. DaveC

    Chicago Meet Up...

    MEETUPS 
    Yes I plan on just hanging out there til about 4:45 or so.
  20. DaveC

    Chicago Meet Up...

    MEETUPS 
    PM me if you are planning on coming by on Saturday....I can give you my number. I have an 8 person meeting room reserved. There should be lot parking and street parking usually isn't too bad around there. Chicago Uptown library at 929 W Buena Ave

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