What's new

Search results

  1. The Sandman

    I quit my job and bought a shoe store

    EXECUTION 
    It's been a year and then some, so... j/k! I'm doing pretty well. Been a whole lot of LIFE going on. My main complaint about my last job was that it was boring. Well, I don't have that problem anymore! Two days after buying the business my son hung himself at school. Fortunately he changed...
  2. The Sandman

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    I see how a trust will protect the house if you go bankrupt but if you don't have the collateral you simply won't qualify for the loan.
  3. The Sandman

    Companies to AVOID as you succeed in your FASTLANE...

    HOT! OFF-TOPIC 
    Looks like they've finally got it working again. Had to have them delete the connections, reestablish them, and then recombine them. Annoying but at least it's working. Side note: maybe I'm old but when dealing with online tech support I don't need to see gifs. It feels unprofessional and I...
  4. The Sandman

    Companies to AVOID as you succeed in your FASTLANE...

    HOT! OFF-TOPIC 
    Are you still happy with Zipbooks? Seems like they've been having problems lately. Mine hasn't imported any transactions since last month. They say they're having issues with a backlog of transactions and are working on it, but I'm starting to wonder if I should look at alternatives.
  5. The Sandman

    Taking over business from retiring baby boomers

    HOT! 
    Oh man, if I had seen this a year ago I would have been all over it. I got into engineered wood products (Plywood and LVL) 10 years ago, mostly on the technical side, with some time on production. What you're describing is right up my alley. Heck, I've gone to Canada go help our OSB supplier...
  6. The Sandman

    Rate This Idea: Smart Wildfire Suppression System

    IDEA 
    Same nonsense here in the USA, at least on the west coast. Privately owned and managed forests are healthier and burn far less than government owned and managed. And of course they're far more productive. Sorry OP but your idea isn't even close to viable as a generalized forest measure. You...
  7. The Sandman

    Tin Foil Hat Time: Are Aliens Here?

    HOT! CHAT 
    "Ms. Luna" is exactly the kind of name an undercover alien would use.
  8. The Sandman

    Opportunities in Pickleball?

    IDEA 
    What pickleball needs is a quiet ball so it stops sounding so bloody obnoxious.
  9. The Sandman

    The Basics of Pricing

    NOTABLE! MARKETING 
    Thanks for posting this. After reading this I noticed decoy pricing working in my store, and I even branched out with the concept for decoy styling. My store sells a lot of running shoes to non-runners with foot problems. Running is a demanding application so the shoes are made for different...
  10. The Sandman

    What would y'all do if you were 16?

    OFF-TOPIC QUESTION 
    At 16 I had a job and a car. My focus was to hang out, smoke week and bang hot chicks. If I could go back knowing what I know now? I'd be SO MUCH BETTER at it. I'd also mine bitcoin on my 486sx25 and be a billionaire by now.
  11. The Sandman

    Mover Fees are outrageous

    SIDE HUSTLE 
    Renting a uhaul and here's their offers of moving help. >$100/h per person seems really high. That's what I'd expect for the trades: plumber, electrician, etc. Seems like a great opportunity for young folks!
  12. The Sandman

    SELLER Financing - I want to build a business around this

    REAL ESTATE 
    1st, you aren't really offering 5%, you're offering ~15%. Possibly more if there are additional fees and taxes calculated off the 50% premium. I personally find it repulsive when lenders advertise "LOW APR" but make it up with high up-front fees. It's a common predatory lending practice. Aside...
  13. The Sandman

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    Absolutely. I am certain the stock market will go up and down many times in the next months.
  14. The Sandman

    Post all of your ideas and random problems you’ll never execute on...

    GOLD! HOT! IDEA 
  15. The Sandman

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    You think 37 years is enough to witness all the types of economic cycles? This type of "the markets always go up in the long run" thinking is why a lot of people are in for a world of hurt.
  16. The Sandman

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
    I was about to agree until you got to the real estate part. Retiring boomers and rising interest rates will put downward pressure on housing for the next decade or two.
  17. The Sandman

    Multiple LLCs or Just One

    SIDE HUSTLE 
    The reason to split or not has nothing to do with the NAICS code. You split to limit liability across different businesses. If you don't actually have any business yet you can wait and do it later. At this point what assets would you be protecting?
  18. The Sandman

    I quit my job and bought a shoe store

    EXECUTION 
    One pain-point I'm seeing is inventory management. At this point it's entirely manual: traditional cash register and separate CC machine. Ordering process: Check floor inventory to identify missing products, make order list. Check back room for these product (if found move to front, cross off...
  19. The Sandman

    Is buying a resort stupid?

    INVESTING 
    1st, it always takes a discussion to begin to paint a picture of the business. There's too much information missing to really know what's going on. That said, the numbers presented don't justify the asking price. For starters, goodwill is part of the business value, not a separate add-on. And...
  20. The Sandman

    This 33 year old "retired early" eating bugs and landfill shopping...

    GOLD! INVESTING 
    Hold up. As a host he "gets to watch guests make memories in it" ???

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom