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  1. cmh

    Need an advise - 2 invention alleys to choose from

    IDEA 
    Does the accelerator provide a salary, or some sort of living stipend? If so, that might be a good stepping stone. You say you are blue collar. That lifestyle tends to drain a man of energy and not leave much juice for the Fastlane pursuits. If it provides a salary I'd jump on it. My second...
  2. cmh

    I am 29. My business makes me $2m in income a year. What next?

    HOT! QUESTION 
    Congrats on this success -- it's really outstanding that you were able to build this at such a young age. Do you have employees you can promote from within? Perhaps none are ready to take the CEO reins and be "the guy" yet, but maybe over the next 24 months you can slowly offload all of your...
  3. cmh

    Shysters in my industry (and yours!)

    PEOPLE EXECUTION 
    Yup!! I've had to ban one of these guys from giving me any sort of pitch. Some of his great ideas: A family of open-source mechanical parts. Literally no other detail provided I should take my seed capital and double it quickly with Wall Street Bets My company should be a company of...
  4. cmh

    Shysters in my industry (and yours!)

    PEOPLE EXECUTION 
    LOL, not much nuance here. I can't think of a clever shyster nickname, so we'll just go with "thief"
  5. cmh

    Shysters in my industry (and yours!)

    PEOPLE EXECUTION 
    Tulsa is the "oil and gas equipment capital of the world," so yes I have many vendors in Tulsa. Nice town; I feel like OK is an undiscovered gem in some ways. But yes, that leads me to another shyster you see as a vendor: The Two-More-Weeks Vendor: You don't need to worry about schedule...
  6. cmh

    Shysters in my industry (and yours!)

    PEOPLE EXECUTION 
    Did you read what I wrote? I'm talking about people who never took the time and did the work to build an actual business, they essentially just want to sell you a name and a few phone numbers. They want to sell you a FT job. I already have more than a FT job managing my own company and turning...
  7. cmh

    Shysters in my industry (and yours!)

    PEOPLE EXECUTION 
    This thread is about shysters. A shyster is a person who uses unscrupulous methods in business. As some of you know, my company grew rapidly over the past 18 months. We do engineering, project management, and fabrication in the energy (oil and gas mostly) sector. As a result, I've gotten a lot...
  8. cmh

    Has anyone else been in this stage and how did you get through it?

    EXECUTION 
    Knowing this, my advice for you is the same as Spyros. Just go for it. A few things you can do now, fairly cheaply (at least in most countries): Lay the legal foundation for your company. In the US this would be an LLC Lay the foundation for your brand: website, logo, social media Explore...
  9. cmh

    Has anyone else been in this stage and how did you get through it?

    EXECUTION 
    What industry is your business in? What service/product do you provide to that industry? How much domain experience or education do you already have?
  10. cmh

    Has anyone else been in this stage and how did you get through it?

    EXECUTION 
    Action faking is a funny thing, because most of the "action faking" is valuable if it's part of a plan, but not valuable otherwise. For example, some say working on your website is an action fake. Well, it could be, or it could be important if you then plan to talk to clients. The client wants...
  11. cmh

    I'm an inventor. Should I go for better or cheaper university? (I have to)

    SLOWLANE 
    LMAO what a ridiculous course of study. Just start a biz, any biz, and succeed or fail. You'll learn more with $5k and 5 weeks than $250k and 4 years. My good buddy has a degree in Entrepreneurship. He regrets it, and it's a sort of embarrassing degree to have when interviewing for a wagie job...
  12. cmh

    I've Read UNSCRIPTED!

    GOLD! HOT! 
    Great read @MJ DeMarco . Thank you for collecting the philosophy that many of us have been practicing in fits and starts, and turning into a damn-near formula. We love living Unscripted. We educate our kids the way we want, I run my company the way I want, and we live the way we want. It's the...
  13. cmh

    You don't need to be an expert

    HOT! MINDSET 
    Good post @Andy Black . As I've gotten older I've realized that most people are totally incompetent buffons, and that if you just show up and do your very best at any given field and learn as you got, you'll be better than average. Do your best for 12 months and you'll be among the best...
  14. cmh

    2 failures, 1 success: My Onramp into the Fastlane

    NOTABLE! HOT! 
    Thanks for the congrats guys. It definitely took a huge stroke of luck for my third venture to succeed so meteorically. But, as we learned in Unscripted, life is like a gumball machine. I stacked the deck so that I was more likely to get that gold gumball. I did forget to post my "F*** this...
  15. cmh

    I've Read The Millionaire Fastlane!

    GOLD! HOT! 
    This book pulled together so much of what I knew but didn't have a coherent system for. Great book.
  16. cmh

    2 failures, 1 success: My Onramp into the Fastlane

    NOTABLE! HOT! 
    Good evening. I'm an engineer from the Southern US. Like most of you, I had a good chunk of the Unscripted/Fastlane philosophy floating around in my brain even before reading the books, but the books just tied it all together. Like most millennial Americans, I was conditioned early to seek...
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