Search results
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Hyperinflation starting? What's happening in your area? Post your ground reports.
HOT! INVESTINGhttps://www.boston.com/news/local-news/2022/04/26/heres-how-mayor-wu-is-planning-to-turn-renters-into-homebuyers/?amp=1 Someone should tell the mayor of Boston that turning renters into homebuyers does not magically create more housing (which is the real solution to the problem of high rents)...- jdm667
- Post #888
- Forum: Investing, Crypto, Personal Finance
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Discuss acquisition entrepreneurship as a Fastlane launch point...
HOT! CHATGood for you on following through with this strategy. It sounds like you are starting to dial in a system for your business growth. When did you start buying other window cleaning companies? At what point did you feel "ready" to tackle an acquisition? Also, what is the biggest headache when...- jdm667
- Post #48
- Forum: Business Models, Niches, Industries
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATThis is not a set of questions, but a practice that you review daily. I just started doing this, but I like it so far. First, print or draw a blank fishbone timeline diagram (looks like the one linked here): https://www.allbusinesstemplates.com/template/CYJAX/fishbone-diagram-timeline/ Then...- jdm667
- Post #9,888
- Forum: Off-Topic Threads
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Hyperinflation starting? What's happening in your area? Post your ground reports.
HOT! INVESTINGAt 8.5% inflation per year, it only takes 8.5 years for prices to double (and thus for your buying power to get cut in half). Don't worry though, the gasoline stimulus checks are probably on the way! :rofl:- jdm667
- Post #864
- Forum: Investing, Crypto, Personal Finance
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**This thread will change the way you think.**
GOLD! HOT!Just focus on being the best in your field - don't worry about marketing or self promotion. LOL, I used to believe this (firmly) back in college. It is so wrong! If you find the cure for cancer, are you really going to keep it to yourself? Obviously you would tell people about it and get the...- jdm667
- Post #12
- Forum: Mindset and Self-Development
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**This thread will change the way you think.**
GOLD! HOT!If you know you can lift 100 LBs with no discomfort, it is tempting to just do that and avoid the discomfort of heavier weights. It still feels like progress after the workout - after all, you did something! You might be able to maintain your existing muscle, but you won't grow much without a...- jdm667
- Post #10
- Forum: Mindset and Self-Development
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATSame with the federal income tax! It was originally for "the top 1%", but now the top 50% of people pay some federal income tax (plus almost everyone pays FICA, state income tax, etc.).- jdm667
- Post #9,723
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATIt is foolish beyond belief for at least 2 reasons: 1. They are not creating new tax revenue, they are just stealing it from the future. 2. It will create more red tape and increase expenses/bureaucracy. Think about real estate property taxes at the local level. They are ad valorem (based on...- jdm667
- Post #9,721
- Forum: Off-Topic Threads
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Please Critique My Current Entrepreneurial Plan!
IDEADo you know what business you want to start? Getting a job in an industry you are interested in can help you to spot needs for a business idea (regardless of how much the job pays). Also, how much capital do you need to start your business? $1k, $10k, $100k? If you keep expenses low, you can...- jdm667
- Post #5
- Forum: Ideas, Concept Feedback
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATIt also shows how the middle income group relies way too much on primary residence appreciation to increase net worth. This is why real estate downturns hurt them so much.- jdm667
- Post #9,569
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATI agree, I don't want the car turning itself off. It sounds like just another thing to break that will need repairs. The car dealer laughed at me when I asked for a car with roll-down windows (this was about 10 years ago). I don't want all the extra features that cost more - it's just more...- jdm667
- Post #9,520
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATSorry, I didn't mean to imply that they have released lots of images - just this first one officially, of the star HD84406 (at 4:47 in this YT video): View: https://www.youtube.com/watch?v=WNiVlqQ9U5c Each speck of light in the background is another galaxy. NASA said the telescope with...- jdm667
- Post #9,409
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATJames Webb Space Telescope is already sending back some unbelievable images of faraway galaxies.- jdm667
- Post #9,404
- Forum: Off-Topic Threads
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7 Steps on How to Become a Real Estate Developer. *AMA on RE Development*
GOLD! HOT! REAL ESTATEThere is a lot of talk about "return to office", but it looks like a lot of people will still be working from home instead of an office. What do you think the empty office space would be converted to, and how will that affect the RE market short & long term?- jdm667
- Post #35
- Forum: Business Models, Niches, Industries
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[Progress] Building a Content Creation and Strategy Business
EXECUTIONThank you for sharing your background. I think video games (games in general) can teach you how to set and achieve goals by coming up with a strategy and using the right tactics when you need them. Very applicable to business. I used to play a lot of games when I was a kid, but not anymore...- jdm667
- Post #29
- Forum: Process and Execution
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[Progress] Building a Content Creation and Strategy Business
EXECUTIONThanks for the update - I will be following your progress. How did you decide on the applied game theory content? Is it something you were always interested in, or did you come across it while building your company?- jdm667
- Post #27
- Forum: Process and Execution
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATWhat if, instead of taxes going up for everybody, governments simply collected less revenue.- jdm667
- Post #9,138
- Forum: Off-Topic Threads
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Discuss acquisition entrepreneurship as a Fastlane launch point...
HOT! CHATThis sounds like a pretty cool ninja trick. Thank you for bringing it up. So is this distinction a legal one, or just how the lender classifies it for their own records? Also, how closely related does the other company have to be to your core business to be an expansion vs acquisition?- jdm667
- Post #17
- Forum: Business Models, Niches, Industries
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Discuss acquisition entrepreneurship as a Fastlane launch point...
HOT! CHAT*I have not done this type of deal myself yet, but looking into it seriously* Lots of Baby Boomer entrepreneurs are retiring every day now. For many, their kids have neither the interest nor the aptitude to take over the company. If the owner cannot sell the business, it closes up shop, and...- jdm667
- Post #13
- Forum: Business Models, Niches, Industries
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Discuss acquisition entrepreneurship as a Fastlane launch point...
HOT! CHATI think this is true - I would value a business much higher if it is truly hands free. Especially if it has something that nobody else can replicate (for example, a proprietary software, not made public or sold to anyone else, to automate a process that is normally time-consuming). I think...- jdm667
- Post #7
- Forum: Business Models, Niches, Industries
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