Search results
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I'm "Officially" a Millionaire Now
HOT!Guys, c'mon... Even if you don't take the time to do a search on the forums, or click on the OP's username to find post history....THERE IS A FRIGGIN LINK ON THIS THREAD. Not once....but TWICE. Not picking on you in particular, but people want EVERYTHING handed to them on a silver platter, its...- Ronak
- Post #45
- Forum: General Business Discussion
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FBA for a Financial "Getting Started" Basis
SIDE HUSTLEHow broke? Do you need to survive on the cash you would make or can you put it ALL back into the business? Fba can be a good source of income, but if you need that cash for immediate survival, it will crater fast. You also need some seed capital to start, or a credit line at minimum. @MJ...- Ronak
- Post #2
- Forum: Side Hustles, Freelancing, Web Design
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Licensing - How to distribute and market a product?
That's up to you as well as the product. Do you have established distribution relationships? Are you already selling direct via ecommerce? You'd probably want to work backwards, establish demand first by talking to distributors, retailers, buyers, and then go after the licensing deal if there...- Ronak
- Post #2
- Forum: Product Development, Importing, Sourcing
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how rare is it for entreprenuers to earn over 60k profit per month?
HOT!Good one...similarly, "If I spend hours surfing forums, avoiding work, but call myself an entrepreneur, is it realistic that I will build a Fastlane business?" Now, back to work!- Ronak
- Post #34
- Forum: General Business Discussion
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University Using Proven Amazon Course
MARKETINGGlad to see it-- for too long, universities have been focusing on theory and leaving grads with few useful skills and lots of student debt. I would wager to say that this move will create a higher ROI for the students than any other university course, both short term and long term. Kudos to the...- Ronak
- Post #4
- Forum: Marketing Strategy
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Is it possible to buy your way into a C.E.N.T.S business?
Buying a business is a great route to the fastlane-- you get guaranteed revenue from day 1, existing customers, products, services, employees, and systems that are proven. From a "cost" standpoint, yes, it is more "expensive" than starting a business, but in many ways less risky for the reasons...- Ronak
- Post #5
- Forum: Ideas, Concept Feedback
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Mr. Trash's journey to personal & financial freedom.
HOT! EXECUTIONGreat, when are you committing to finish the first one?- Ronak
- Post #36
- Forum: Process and Execution
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$126,727 in PROFIT So Far This Month | eCommerce
GOLD! HOT!I agree. There are very few "secret keys to success" in business, but if there were any out there, product/market research would easily be one of those keys, as I can personally attest. Can you share a little bit more about your process there? What exactly are you looking for? How do you...- Ronak
- Post #16
- Forum: Process and Execution
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Mr. Trash's journey to personal & financial freedom.
HOT! EXECUTIONJust started reading this thread today. I believe you have something here. It seems like you've been wanting to really do this, but for some reason or another, you've been delayed. I know how it gets sometimes, as I often find myself taking weeks and weeks to do something, which ultimately ends...- Ronak
- Post #34
- Forum: Process and Execution
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Dan Pena's system
HOT!Focus on the message rather than the messenger. If you believe in the message, great. If not, then move on. Endless debating back and forth will probably not get you anywhere on your fastlane journey. My 2 cents.- Ronak
- Post #49
- Forum: General Business Discussion
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The Licensing Game
GOLD!Are you still trying to do this? Anything that has consistent/growing cash flow can be sold. The most logical buyer is the current licensee. If the numbers look good, you can also sell to a private investor or another licensor in a similar market following a similar process that you would use...- Ronak
- Post #335
- Forum: Product Development, Importing, Sourcing
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If you had $10m in the bank what would you do every day?
HOT! MINDSETExperiment with different business models that I haven't tried yet. I have a "business bucket list" -- buying and optimizing a saas, high level corporate consulting, product licensing, teaching a practical business course as an adjunct at a university, doing a venture funded deal, and producing...- Ronak
- Post #41
- Forum: Mindset and Self-Development
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From a broke Uber Driver $9k behind on rent to $30k Per Month...QUESTIONS?
GOLD! HOT! EXECUTIONDo you recommend a particular resource for learning facebook ads or is it simple enough to just try things and test?- Ronak
- Post #24
- Forum: Process and Execution
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Dan Pena's system
HOT!No, in most cases, acquisitions will not be hostile. Those are much more complicated and usually fall in the realm of public companies or distressed debt situations. His basic model is to acquire and roll up several companies and exit at a higher multiple than you bought.- Ronak
- Post #41
- Forum: General Business Discussion
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Dan Pena's system
HOT!It's been 3 months since you posted here. In that time, you could have taken action, failed, adjusted, taken more action, failed again, taken a break, mourned your failure while playing video games for a week, then tried again, failed again, then readjusted, and possibly have some first level...- Ronak
- Post #32
- Forum: General Business Discussion
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Interested in Digital Marketing? Why not try pay per appointment/show model? Ask anything you need!
HOT! MARKETINGYes, that is not uncommon. In fact, conversions would go up dramatically with simple followup. Quicken Loans is a great example of this. If you filled out a mortgage/refi inquiry, you will get a call back within seconds. I would be interested to hear how you solved the followup issue.- Ronak
- Post #11
- Forum: Marketing Strategy
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Interested in Digital Marketing? Why not try pay per appointment/show model? Ask anything you need!
HOT! MARKETINGCompared to charging per month or alternate models, has pay per lead yielded higher revenue for you? Have you been able to collect lead fees from clients and how do you determine cost per lead? In general, I like the model, but no upfront cost can also mean no commitment. Have most clients...- Ronak
- Post #9
- Forum: Marketing Strategy
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From a broke Uber Driver $9k behind on rent to $30k Per Month...QUESTIONS?
GOLD! HOT! EXECUTIONAwesome story. Oftentimes, the journey includes doing things that aren't fastlane, but help build your skillset. Selling tshirts on FB is not high on the fastlane totem pole, but you were able to leverage that knowledge into your own product. Very rarely does the first step lead immediately into...- Ronak
- Post #14
- Forum: Process and Execution
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Interested in Digital Marketing? Why not try pay per appointment/show model? Ask anything you need!
HOT! MARKETINGHow do you target your clients and what is your sales approach?- Ronak
- Post #6
- Forum: Marketing Strategy
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Is it legal to sell modified themes?
HOT! SIDE HUSTLE WEB DESIGNOr: find a free theme from somewhere, they're out there.- Ronak
- Post #29
- Forum: Side Hustles, Freelancing, Web Design
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