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Diary of my first successful business
EXECUTIONYesterday was mid of the month and if the second half of October is as good as the first one, we should once again have the best month in the (short) history of our company. Profit is oscillating between 35 and 50% every week and growing slowly but steadily. We are also starting to get...- Roland
- Post #98
- Forum: Process and Execution
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Kiss from Paris
INTROThere are a few French here (although in my case I have emigrated to the UK a few years ago). Your plan sounds good apart from the fact that you haven't set up deadlines for each one of your steps. 5 years is a long time, you need to break each one of your objectives down in very small...- Roland
- Post #3
- Forum: Introductions
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Well... I'm officially a Millionaire
GOLD!@GrumpyCat I have met you before and can definitely say that you have the ability to present your story (you did if for me) and most definitely, you have value to add to people's life. Whether you are scared of doing it is another story but if you managed to achieve this millionaire goal that so...- Roland
- Post #120
- Forum: General Business Discussion
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Can't sleep, too many ideas!?!??!
IDEA MINDSET RANTIf you have so many great ideas, why is it that you haven't started exploiting one of them yet? Good ideas are great but unless you do something about them, they will remain good ideas and nothing more. You seem to have a good creative mind so why don't you start working on one of your ideas...- Roland
- Post #2
- Forum: Ideas, Concept Feedback
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American bussiness ideas that do not exist in UE
IDEATrying to find a killer business in the US to replicate it in EU sounds like a strange idea to me. The reason is that by doing this you will associate two big weaknesses: on one side, you don't know the US market and why this particular business is a killer there and on the other you don't...- Roland
- Post #3
- Forum: Ideas, Concept Feedback
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Diary of my first successful business
EXECUTIONNew end of the month update. Just to get the numbers out of the way: - Revenues: increased by more than 30% this month - Profit: just above 50% of the revenues What enabled me to achieve that? Well, first, this is only our 3rd month in activity at this place so people's awareness...- Roland
- Post #94
- Forum: Process and Execution
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12 hour work day coming and I CANT SLEEP
Make it a 20 working hour day ;) You will recover the sleep the night after. My view is that it is useless to waste time worrying about what is coming. Can't sleep, well use this time to make some progress on your projects. It will keep your motivation up and when you are tired enough you will...- Roland
- Post #2
- Forum: General Business Discussion
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No Need For Blockbuster
Your post makes me think about something else that is very important. Although following your heart or your brain is not a good option, I think the main thing about entrepreneurship is to have fun. And this is what is behind the statement "chasing the money will make you fail". If you only want...- Roland
- Post #6
- Forum: General Business Discussion
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No Need For Blockbuster
Based on my experience, if you know what you want to achieve but don't know how to get there, it is because you are looking to far away. Break this big goals into smaller ones until you know how to go forward. Example: you want to find an investor for your project but don't know where to go...- Roland
- Post #2
- Forum: General Business Discussion
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Posting on this forum won't make you successful
While I will admit that the title of this thread is polemical, I think it raises a fundamental question. I have read a lot of new member introduction posts over the past few days where people put all the words they have learned in self development books: they want to bring massive value to the...- Roland
- Thread
- Replies: 2
- Forum: General Business Discussion
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Help me connect the dots
That sounds like an excuse not to try. Why don't you share what you have achieved on this topic and let people decide whether you are qualified enough to help them or not? Not true, and I can prove it by my experience. All my jobs have been in management right from the first one with no...- Roland
- Post #6
- Forum: Ideas, Concept Feedback
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how to handle your financial situation
Well done, keep going! ;)- Roland
- Post #13
- Forum: Mindset and Self-Development
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If You Have Savings In Your 20′s, You’re Doing Something Wrong.
HOT!That's exactly what I think. Save some money while you work on your first ideas. As they will most likely fail, you won't loose too much money while you are learning the 101 of entrepreneurship, then invest in your project when it starts going well. If your money is giving you more that 5% ROI...- Roland
- Post #31
- Forum: Mindset and Self-Development
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how to handle your financial situation
When I first joined this forum, I wasn't in red numbers as you say you are but I was spending everything I was earning on stupid ideas. What I did to get things back under control was to take ALL my expenses of the previous 12 months and break them down to a cost per month. Then I took one...- Roland
- Post #4
- Forum: Mindset and Self-Development
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Diary of my first successful business
EXECUTIONNot yet the end of the month so I am a little early for my monthly update but I have passed an important milestone and I wanted to share this achievement here with all the people who helped me with advice, motivation, good wishes etc... When I started this project, a lot of people told me that...- Roland
- Post #93
- Forum: Process and Execution
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Diary of my first successful business
EXECUTIONYes this is the whole point of using this sort of websites but after a while, I came to realize that actually most of the people who comes via these websites are in fact their customers in a way. What does it mean? It means that these people are only after the latest deal. They are not...- Roland
- Post #91
- Forum: Process and Execution
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Diary of my first successful business
EXECUTIONThe third party company sells deals as Tafy said. This is very good to get people through your door but it has also some downsides which make that this solution is not sustainable in the long run.- Roland
- Post #89
- Forum: Process and Execution
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Diary of my first successful business
EXECUTIONYes I did think about it but at the moment it is not something I want to go for because it would mean start growing a second "leg" to my business which would require a lot of effort. Effort that I prefer to focus on growing the current leg. At the moment the main struggle I have is that a big...- Roland
- Post #86
- Forum: Process and Execution
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Diary of my first successful business
EXECUTIONThanks for this message Harry. It is nice to see that people appreciate what I am doing. In our case customer experience is everything. That's what took us from 0 to where we are today. With regards to the physical products, it is part of the plan and I already have the figures ready but it is...- Roland
- Post #84
- Forum: Process and Execution
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What's with the negativity?
OFF-TOPICWhile this is true, I am not sure that this is the reason why the high flyers of this forum (including you) got so many likes :)- Roland
- Post #29
- Forum: Off-Topic Threads
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