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  1. AgainstAllOdds

    $27M+ In Online Businesses Sold + Managing A Remote Team Traveling Abroad - Ask Me Anything!

    AMA 
    How do offline sales affect multiples? For example, if 50% of revenue is offline, would that increase the multiple, and if so by how much? What's the #1 thing besides metrics that will increase the sales value of an online business? Can I sell the online portion of a business and keep the...
  2. AgainstAllOdds

    I will help you find a product to sell on Amazon

    GOLD! 
    It looks like this product comes unassembled: "The Designer Catbox is easily assembled and comes with detailed instructions. For setup, you will need a Phillip's head screwdriver." So I'm guessing it takes up a lot less space and costs a lot less for FBA. Would that change your opinion on the...
  3. AgainstAllOdds

    YQ - onwards and upwards into Venture Land

    EXECUTION 
    Sounds interesting. You posted a month ago. How have things progressed since?
  4. AgainstAllOdds

    Conor McGregor vs Floyd Mayweather

    OFF-TOPIC 
    Not taking bets anymore. Here's my original post: Let's make things a tiny bit more fun. I'll put up to 10,000 forum dollars at 4-1 odds on Mayweather. If anyone wants to bet on McGregor, then just reply to my post with the amount you want to wager. For example, if you want to bet 100 forum...
  5. AgainstAllOdds

    Very tired. After succesful exit no more motivation.

    MINDSET FTE 
    You're happy. No need to start a new business. You're where everyone wants to be. Enjoy it.
  6. AgainstAllOdds

    ETHICS IN THE FASTLANE: How low will you sink for wealth?

    NOTABLE! MINDSET 
    If you create value, don't lie, and don't force anyone to purchase, then you're doing ethical business. On top of that, your tax dollars create more good than any of those asshats that say running a business is unethical. It's as simple as that. No reason to complicate it.
  7. AgainstAllOdds

    Going to try raise 20k (18k USD) For e-commerce start up, What return do investors usually look for?

    INVESTING 
    As of now you're not ready for any kind of investment. As a "gambler", would you bet on yourself if you didn't know yourself? Because I am a gambler, and I wouldn't. You have $1k to your name. Your previous e-commerce ventures were a failure. You're spending $1.4k on a "store getting built by a...
  8. AgainstAllOdds

    WTF does Tai Lopez do?

    GURUS 
    This thread being 19 pages long is a disappointment in itself.
  9. AgainstAllOdds

    Small Country, Fastlane Business

    You're learning really quick.
  10. AgainstAllOdds

    Going to try raise 20k (18k USD) For e-commerce start up, What return do investors usually look for?

    INVESTING 
    You don't want to give up equity for $18k. That's dumb. $18k is a pittance is the grand scheme of things. Take @ZCP's comments: Investors are looking at a return relative to risk. If you have no experience, then they'll want a minimum of 20%. If you don't know how to raise money, then...
  11. AgainstAllOdds

    Product vs service statistics

    My theory is that it's going to be close to the same. Service and product go hand in hand. You need both in our economy, and you can't have one without the other. Look at any value chain. Here's Porter's: Delivering value is a mixture of product and services, and because of that, each one...
  12. AgainstAllOdds

    What would you do if you CANNOT get a Job ?

    HOT! 
    I'd get a job. Any job. It's almost impossible not to be able to get a job if you're willing to work for minimum wage. But let's say, in some crazy scenario, that it's completely impossible... then I'd take unemployment/welfare/food stamps. Those programs were created (originally) to help...
  13. AgainstAllOdds

    Product vs service statistics

    I don't have statistics, but I'm assuming you're asking because you want to choose between a product vs service based business. If that's the case, then you shouldn't search for these statistics, but consider which business you'd prefer to run. Your success rate is based on you as an individual...
  14. AgainstAllOdds

    COPYING Business Ideas

    IDEA 
    Rocket Internet doesn't really make money: ETR Income Statement | Entergy Corporation Stock - Yahoo Finance I think the concept could work, but you have to execute 100%. If you're managing multiple companies in a portfolio, then your ability to execute at that level is a lot more difficult.
  15. AgainstAllOdds

    Is Uber a fastlane business?

    Entry: How is it low entry? Can you make an Uber app by this time next month that will get at least 5 users? Uber was built by spending BILLIONS of dollars on marketing and customer acquisition. BILLIONS more on driver acquisition. And likely hundreds of millions at a minimum on PR, politics...
  16. AgainstAllOdds

    What laptop should a starting online entrepreneur buy?

    HOT! 
    PSA: Do most of your work on a computer? Then invest in a better laptop. Try to estimate how much more efficient one laptop will be vs another one, and then put a dollar value on that efficiency.
  17. AgainstAllOdds

    Market Too Saturated - I Quit!

    MINDSET 
    Then the problem isn't 100% solved. And they didn't go into a "me too" business. They invented fast food. Completely different need being filled. The need wasn't "Oh, there's too many items on the menu, I wish there was less..." (me too business). The need was "I wish I could get tasty food...
  18. AgainstAllOdds

    Our Kickstarter Is Live! Follow Along!

    EXECUTION 
    How to Successfully Advertise Your Crowdfunding Campaign on Facebook I haven't used Krowdster, and have no recommendation on them, but I saw them recommended in one of the entrepreneurship chats I'm in and gave them a look. Using a tool like that is probably the easy way. $250 for a month...
  19. AgainstAllOdds

    Our Kickstarter Is Live! Follow Along!

    EXECUTION 
    I'm sorry to break it to you, but the probability of that happening is fairly low. You can't rely on an artist's fans to generate any real sales. You have to rely on normal buyers, and use art as one of the reasons they should buy. Art is a commodity. Collectors are only loyal to those that...
  20. AgainstAllOdds

    No I'm just a winner...

    HOT! MINDSET 
    :rofl::rofl::rofl::rofl: Watch the youtube video. Learn about expected value. Get good at math. Only pursue actions where the math is on your side. Get rich.
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