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  1. throttleforward

    What to Expect: Friends and Family Funding

    WEB/DIGITAL 
    Well it isn't that I am wholey uncomfortable with asking my family members for money, it is that because I have never done it I was wondering if others could share their experiences and alert me to potential pitfalls (such as the legal ramifications of accepting dontations from family members...
  2. throttleforward

    What to Expect: Friends and Family Funding

    WEB/DIGITAL 
    Hi everyone, I was wondering if some of you could share your experiences with the friends and family funding stages of starting a business. I have already lanuched one business with very little money (havn't made much money yet either :D), but my next venture will require some moderate start up...
  3. throttleforward

    How bad is this?

    OFF-TOPIC 
    That happened to me too in college...I had gained an enormous amount of weight, and it wasn't until I looked at a picture of myself sitting down at my computer with my belling protruding did I go "man, no wonder I'm not getting laid!". I managed to lose 40 pounds because I wanted some action...
  4. throttleforward

    Easy money distracting you from your goal

    While there are a lot of success stories like that, we all know that there are hundreds of stories where people are on their last penny, work hard, develop a great service or product, and then fail for every one success story we read (the difference is usually those people don't find forums like...
  5. throttleforward

    I don't know what to do anymore.. should I just accept mediocrity

    OFF-TOPIC 
    Re: I don't know what to do anymore.. should I just accept medioc You mentioned your passions as cars, business, and travel. I immediately put those words into a sentance that describes a potential business (A review/listing of the best high end rental car companies for business people while...
  6. throttleforward

    Words From the Wise

    MINDSET 
    I like them! I'll suggest something that my dad would day: The more you do, the more you want to do. (and the reverse occasionally) I have found it to be very true - people are kinda like a nuclear reactor...small incremental action will cascade into a larger, unstoppable force of actions...
  7. throttleforward

    Easy money distracting you from your goal

    This is why I listed it as the first decision in the decision list. The reason why I personally am so determined to make a fastlane business is exactly because of my current and future obligations to support my family. I do have to carefully consider my immediate and short term financial health...
  8. throttleforward

    How do You Plan?

    MINDSET 
    I think that this thinking is simply the exponential growth curve extrapolated onto any of life's situations. Since very few people achieve instant success, we can assume that the typical entrepreneurship sucess curve will be the exponential curve that we all talk about and experience (slow...
  9. throttleforward

    I don't know what to do anymore.. should I just accept mediocrity

    OFF-TOPIC 
    Re: I don't know what to do anymore.. should I just accept medioc I think the key isn't "how can I make money" but "how can I add value". Successful business people time and time again talk about how the value drives the money, not the other way around. Also, a lot of successful people talk...
  10. throttleforward

    Easy money distracting you from your goal

    I think there is an important analysis that must be conducted before leaving any stable income stream: -to whom are you responsible? Are you solo, or do you have a family to support with your income? -how much money can you reasonibly make with your successful business? How difficult will it...
  11. throttleforward

    Do you know what MRSA is?

    OFF-TOPIC 
    When I was a medic, it was pretty much assumed that all of the medics/hospital employees/doctors would end up contracting MRSA, would carry dormant colonies of MRSA in their nasal passages, and would test positive for it if they were ever tested for it (which many healthcare workers actively...
  12. throttleforward

    Decision Crossroads

    WEB/DIGITAL 
    The website will basically serve as an advertisement/initial impression/contact vehicle for my camera and electronics rental business. My primary objective is to rent digital camera and photography packages for weddings and other events. Therefore, initially I only need a few pages describing...
  13. throttleforward

    Hard Slowlane Lessons

    SLOWLANE 
    I read somewhere that over the long-long term, like 40+ years, that after factoring in inflation, investments in both the stock market and real estate will generally average out to returns at less than 5%. However, over shorter terms, especially considering bubbles, overall returns can be much...
  14. throttleforward

    Decision Crossroads

    WEB/DIGITAL 
    Hi everyone, I need help deciding on one of the following options: 1. Continue to try to learn HTML/CSS from scratch, with no prior programming experience, and apply such knowledge to a template that I bought, possibly settling for a less professional-looking initial website until I get some...
  15. throttleforward

    This scares the hell out of me !

    HOT! 
    Remember that the economy is essentially an exchange of goods and services, both in terms of materials (goods) and time (services). Many slowlaners believe that the economy is a system where rich, powerful, monolithic people (or governments) provide jobs to individuals who went to school...
  16. throttleforward

    Start-up stage one complete

    WEB/DIGITAL 
    I finally received official confirmation from the state that I am now the proud owner/president/CEO/head toilet cleaner of an LLC! Because I am a broke grad student, I have no money to pay developers to create the two web-based businesses I would like to start (in addition to the non-profit my...
  17. throttleforward

    PROGRESS THREAD (James F)

    EXECUTION 
    If business are unwilling to pay for the subscription, perhaps you could start a pleantyoffish.com model and give the service away for free, but sell ad space? I would imagine that businesses would pay more to advertise their unique webbased producted through your scheduling portal and therefore...
  18. throttleforward

    Valuations for ebusinesses

    WEB/DIGITAL 
    I am considering the purchase of an ebusiness through a website broker. The business has grown to 100K in profit for the owner (one man operation), with 300K in sales aftrer 2 years of operation. The model is basically a drop-ship store, with only 15% inventory being kept and shipped by the...
  19. throttleforward

    Swine Flu ... What's Your Take?

    OFF-TOPIC 
    Swine flu is the real deal as far as a pandemic flu goes. From an emergency preparedness perspective, it is a great case study in how all the planning and money spent on what to do with pandemic flu (remember Avian flu and the money spent to prepare for that) was really all for naught, what...
  20. throttleforward

    How often you get ideas?

    IDEA FTE 
    Before I started fastlane thinking...literally once or twice a month. Now, once or twice every few hours.

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