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  1. jdm667

    Let's Play a Game: Brainstorming Boring Business Ideas

    IDEA 
    1. An app that calculates ROI or time to break-even on a solar project for residential or commercial owners. Takes into account federal and state tax credits, local utility rates, and energy cost trends. Monetization would be lead-gen for local solar panel installers (engineering as...
  2. jdm667

    Are you just a ‘Temporarily Embarrassed Millionaire’?

    HOT! MINDSET 
    Socialism never took root in America because the socialists stayed in other countries and the capitalists came to the U.S. I remember reading The Millionaire Next Door. Most millionaires inherit very little or nothing from parents to add to the wealth they built for themselves. Most of the...
  3. jdm667

    If someone offered you a CEO job for millions, would you take it?

    HOT! CHAT 
    No, I would not take it (I do not have millions). A $50K to $100K salary keeps so many people trapped. Imagine how trapped you would feel making millions per year at a CEO job? "I really want to pursue this other business that society needs, but I get paid millions to do this CEO job that...
  4. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Even after you pay all those pesky taxes, you still have to reconcile your net income with your gross habits :rofl:
  5. jdm667

    How to create battle-tested content that helps people at scale, brings inbound leads, and has people pleading to buy a SHORT course

    MARKETING 
    Nice post Andy. For step 1, I am going to find groups related to my niche on Reddit or LinkedIn. Then, I will find some threads where I can help and reply (with no expectation of anything in return). See how it goes for 30 days, hopefully learn something completely new about what people are...
  6. jdm667

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Yup. Eventually, there will be no income limit for this unrealized capital gains tax. After the government gets a one-time taste of that extra revenue, it won't be enough. They will start taking that percentage every year (e.g. a wealth tax), just like cities get real estate taxes every year.
  7. jdm667

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    Well, sometimes pointless virtue signalling costs money in the real world. But I'm sure European leaders have a plan to keep people warm this winter - can't wait to hear all about it. :thumbsdown:
  8. jdm667

    Your Best and Worse Defenses for Inflation...

    NOTABLE! HOT! INVESTING 
    To me, it comes down to levels of expertise and how common the skill is, which gives you more time and leverage: Basic MS Excel skills (e.g. data entry - most salaried office workers need this and have it, so it is very common, and not really specialized) Advanced MS Excel skills (e.g...
  9. jdm667

    Your Best and Worse Defenses for Inflation...

    NOTABLE! HOT! INVESTING 
    Great list MJ. Having skills & providing value will always act as currency, regardless of inflation due to money printing, supply chain issues, etc. For even better results, combine 2 or more of the items in the list to achieve synergy. For example: First, learn a specialized skill and...
  10. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Have you found a good resource online to help you track down these CSAs? The USDA has a tool you can use to search by product, choose a location, and filter by source (CSA, Farmer's Market, etc.): https://www.usdalocalfoodportal.com/ I agree that it can be very difficult in some areas to find...
  11. jdm667

    Homeschooling 101

    MINDSET 
    In business, "if you try to serve everyone, you end up serving no one" (something like that). A one-size-fits-all approach to business or education is so watered-down that you are unlikely to be a perfect fit for anyone. Public school tries to be the one-size-fits-all option for kids - and it...
  12. jdm667

    Hyperinflation starting? What's happening in your area? Post your ground reports.

    HOT! INVESTING 
    I do not. The U S. government has to give social security raises in line with inflation. If inflation is 14%, but they only admit to 8%, they won't get killed on social security costs. If they claimed 2%, no one would believe that. So, they split the difference, play with the numbers, and...
  13. jdm667

    Starting (and Fastlaning) a lawn care service business

    GOLD! HOT! 
    Streamlining your business with this app might be just the beginning. Is there any chance you can license it (or a slightly modified version) for a monthly fee to other similar businesses?
  14. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Many cities have banned people from renting out houses on AirBnB. In my town, it was banned after someone threw a house party with 100 people in a rented single family home in a quiet residential neighborhood. Someone should tell this guy about CENTS - he has zero control over a city or town...
  15. jdm667

    Tax Help!

    You need to pay quarterly estimated taxes: federal income, state income, and social security/Medicare. The Q2 due date is June 15th, so you might want to set aside money or get tax help if you have already made money this year.
  16. jdm667

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    The brackets were raised by about 1% from 2020 to 2021. Inflation was much higher than that. You're right - it's a feature, but not a good one. Just like inflation itself, it is just another way to secretly fund bigger government and hope nobody notices as they are pushed into higher brackets.
  17. jdm667

    Why would a business voluntarily buy carbon offsets?

    QUESTION 
    If the credits are traded on an open/public market, then in theory you could buy and sell them to make a profit (just like stocks or futures) - with no intention of ever using them yourself. (Most of those Wall Street guys have no intention to ever take delivery of pork bellies.) You could...
  18. jdm667

    Elon Musk acquires Twitter, Discuss

    HOT! SOCIAL MEDIA CHAT 
    Also, these companies can offer consulting services to help with their open source software - from "certified" experts (certified by themselves, that is!) Since the company owner would know how the software/platform works, he could offer consulting services for those who want an edge. It would...
  19. jdm667

    Educational business

    IDEA 
    Welcome to the forum @Prusak! I think test/qualification prep is a good start for a business. You passed the test already, so you have knowledge that the average person does not (ENTRY). Also, people want to increase their incomes and advance in their careers - and they will pay to do so...
  20. jdm667

    Post Your Favorite No-Code Tools (Creating Websites and Software for Non-Technical People)

    Zapier lets you integrate & automate web apps (Google sheets, Gmail, calendars, social media, etc. ) to create workflows without coding or knowing much about how APIs work. For example, automate "send an email (maybe to a sales person) when a new lead comes in (such as from facebook ads)" If...

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