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  1. AgainstAllOdds

    Should I worry about getting crushed?

    Get funding from a source that can lead you into more rounds of funding.
  2. AgainstAllOdds

    Think Big, and Then Think Bigger Than That.

    GOLD! 
    By markets I meant geographically. Chocolates are not complimentary to what you're doing at all. Completely different ingredients, machines, and marketing. Burgers and waffles also aren't necessarily in the same space. You're at a minimum running different marketing campaigns. However, if the...
  3. AgainstAllOdds

    Think Big, and Then Think Bigger Than That.

    GOLD! 
    I read your introduction post on this forum, so maybe it's better to give an example off of that: You have multiple options. Thinking small: Open a pizzeria. Operate it. Hope people walk in and that you can get online orders. Thinking big: Buy a commercial kitchen. Master online food order...
  4. AgainstAllOdds

    A new marketing tool I'm using with ridiculous ROI

    GOLD! MARKETING 
    Not every marketing/sales tactic should be used for every single business. You're better off selling your brushes via online traffic if it's an e-commerce business. However, if it's wholesale, then it could be effective by calling every single pet shop in the country. Think about the idiot...
  5. AgainstAllOdds

    A new marketing tool I'm using with ridiculous ROI

    GOLD! MARKETING 
    +rep. I discussed this idea with a friend before and had the thought of starting a service similar to Slybroadcast. It'd be pretty easy, just find out the voicemail box numbers and leave a message there. However, at the current prices, there's no reason to compete. I'll definitely be testing...
  6. AgainstAllOdds

    Think Big, and Then Think Bigger Than That.

    GOLD! 
    Think of opening your own restaurant vs taking on an SBA loan to buy a $1M business that generates $250,000 per year. Your Own Restaurant Thinking small Downside: bankruptcy Probability of success: 0-10% -- most restaurants fail Investment: Entire savings to get it started Expected Outcome...
  7. AgainstAllOdds

    Lawsuit Multimillionaire

    INTRO 
    Sorry about the accident. Hope your entrepreneurial ventures are a success.
  8. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    Another note: Have been working with my partner for 100+ hours per week. Every day until even 5 in the morning. This isn't easy. Another 3 weeks and we'll see if this is a real thing. If it is, I'm flying in Brazil in March to celebrate. If it's not, I'm flying to Brazil in March to forget...
  9. AgainstAllOdds

    International Sales: Bringing Factories + Buyers Together

    EXECUTION 
    Update: We're representing 4 factories. Some are really easy to work with. Some are insanely frustrating. We started doing sales last week on Thursday (but have been aggregating leads for weeks). We have 9 interested buyers now in the U.S. One of them is big. $50M to $100M in annual...
  10. AgainstAllOdds

    Situation with supplier - what would you do?

    How much volume are you doing? My forwarder could help out if it's a large volume. If it's a smaller volume, I'm not sure if she'll be interested. Send me a message. Other options: Get your own DHL account. Give the account # to the supplier and ship under that name. You won't get as...
  11. AgainstAllOdds

    Situation with supplier - what would you do?

    I'm not sure if they're allowed to change it. If it's a small cost for you, I'd register a company that matches the name and transfer funds from that one. Just make sure to figure out the accounting.
  12. AgainstAllOdds

    What are the THREE most IMPORTANT entrepreneurial lessons you can pass on?

    EXECUTION 
    1. Don't make excuses that allow for self-sabotage. 2. Know when to quit and when to go all in. 3. Don't be a bitch.
  13. AgainstAllOdds

    Situation with supplier - what would you do?

    China changed its laws a few months ago. The invoice name has to match the importer name. The same might be true for the address. This is a measure to prevent money laundering. If the address is affected, it means that the supplier is sending you the goods and then fixing it later because...
  14. AgainstAllOdds

    What Countries and Places Offer the Best Life Quality?

    OFF-TOPIC 
    I can make an entire thread on this, but to summarize: everyone has different tastes. Basically change your global location around a bit to see what you like and what your match rates are. Your best matches will be in places where you wouldn't expect - since it's where your exotic factor is...
  15. AgainstAllOdds

    Is cold calling worth it?

    Are you getting the decision maker on the phone, or the first random person? I'd warm up the leads via cold email and then give them a call. Then on your website I'd have a video detailing the value proposition and how people counters are beneficial to the user.
  16. AgainstAllOdds

    Is cold calling worth it?

    What's your pitch? Are you familiar with tonality? Why are they hanging up? What's your product offering? Also, 1% could be amazing for cold calling; just matters what industry you're in and what the product/service is. Not all offerings are efficient to sell via cold calling.
  17. AgainstAllOdds

    27yr old fighter

    INTRO 
    How are you getting from where you are now to $200M? What's the plan? Why? Why education? Why are you the right guy to build an education platform? Why does someone need another one? It's been 1-2 years. What have you done? You need to start asking yourself the hard questions and keeping...
  18. AgainstAllOdds

    What Countries and Places Offer the Best Life Quality?

    OFF-TOPIC 
    If you're single: Get Tinder Premium. Change your location to the richest part of the city you're considering to live in. Look at the quality of girls and who you're matching with. If the girls are unattractive to you, scratch it off your list. Dating is a huge part of quality of life. Some...
  19. AgainstAllOdds

    Accepting payment from International Retailers/Clients

    Go to your bank. Talk to a business banker. Ask them how to accept international transfers into your account. Write that information down. Send it to the customer. Don't overcomplicate it. You'll have to pay like $60 in fees per transfer.
  20. AgainstAllOdds

    Idea Extraction SUPER SIMPLIFIED

    IDEA 
    Came across this thread: What are you struggling with?! (not worth the click), and got thinking. The general advice online for idea extraction is crap. Basically, here's the easy way to do it when you're starting a business. If you're trying to start a product business, this is what you ask...

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