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  1. NMdad

    Finish my first product. Take a look !

    SIDE HUSTLE 
    You might consider rating your idea on the CENTS criteria. The commandment of need seems fairly weak for the idea.
  2. NMdad

    Getting started at age 50+!

    INTRO 
    Welcome to the tribe! A couple questions: Why do you need to translate your book? The English-speaking market is big enough to get started. What experiments can you do--like in the next 30 days--to test reaching more of your target market?
  3. NMdad

    Prepping for a new business

    A couple things you might consider: Create a simple spreadsheet list of your ideas, with columns were you can quickly rate each idea on CENTS criteria, speed to acquire customers, speed/ease to implement, realistic 12-month payoff, etc. It'll help more easily see which ideas you can ignore...
  4. NMdad

    Signed a Contract for $17000 worth of work, delivery slow, late, terrible quality - Can I get out of it?

    Sounds like the contractor should be refunding you the money instead of asking for more. That's some balls to deliver shoddy stuff 2 months late, then ask for more money. Given your experience so far, my hunch is that it's unlikely he'll pursue any formal action, and even if he does, you've...
  5. NMdad

    What business would you start with $50,000 to help save bees

    HOT! 
    OK, I admit it: I'm an armchair bee geek--actually social insects in general (termites, ants, etc.). Yes, there's a bit of hysteria about bee die-offs. However, there's a noted bee scientist (can't recall his name) who--based on his research--advocates allowing bee colonies to die off from...
  6. NMdad

    Measuring my CENTS Commandment

    If your actual product is essentially a commodity, then your value skew areas will probably be in things like service, reliability/speed of delivery to customers, etc.--not price. For example, Zappos sells shoes but has amazing customer service. Could you become the Zappos of your niche?
  7. NMdad

    How Do I Get Real Market Input?

    If you have no product or service but are doing very preliminary mining for needs you can meet, then phone & in-person conversations can work well. But, it sounds like you need to tweak & test your intro script. Instead of "I'm doing some market research...", you can experiment with phrases...
  8. NMdad

    So many ideas, but not in love with any of them

    IDEA 
    2 things you might consider: Create a simple spreadsheet list of your ideas, with columns were you can quickly rate each idea on CENTS criteria, and maybe speed/ease to implement, realistic 12-month payoff, etc. It'll help more easily see which ideas you can ignore. Consider your "adjacent...
  9. NMdad

    The power of Meditation???!!!

    MINDSET 
    I use an app called Insight Timer. You can save preset sessions for whatever duration you want, configure start/end chimes, reminder chimes during sessions, and background sounds (water, birdsong, etc.). Since you can create even like 3-minute session, it lowers the bar to starting & creating a...
  10. NMdad

    Progress Thread - From The Ground Up - The Phoenix Has Arisen

    EXECUTION 
    Coincidentally, I was just thinking about you yesterday & wondering how things were going. Sounds like it's been a rocky year--sorry to hear that. Do what you need to to take care of yourself. The death of anyone close can help refocus us on what our priorities are. Our time is short, and while...
  11. NMdad

    After listening to Fast Lane Millionaire while in the actual fast lane...

    FTE INTRO 
    Your kitten owns a condo? Holy crap, my cat has been slacking...
  12. NMdad

    The innovative, value-skewed product thread. List interesting, innovative products here.

    Gotta say I love this topic & the strategy of using ideas from outside a domain to create value skew. Innovations from unexpected places: Using ant behavior to increase traffic flow for vehicles & data transmission: Taking Traffic Control Lessons — From Ants From Jay Abraham: Ice cream cones...
  13. NMdad

    Growing a YouTube Channel to 100,000 Subs

    NOTABLE! SOCIAL MEDIA 
    For monetization, I posted something similar on another thread, but it's relevant here. There are a number of ways you can monetize a YouTube channel: YouTube ads: Ads will likely have the lowest return per # of views or subscribers. Affiliate products Consulting & coaching Infoproducts...
  14. NMdad

    Someone Wants To Buy My Youtube Channel

    First, I wouldn't necessarily get all fired up about the offer--yet. Get more dteails from the person who made the offer: who are they, why do they want to acquire vs. build their own channel, what's their objective, etc. Just have a phone call. There are a number of ways you can monetize a...
  15. NMdad

    Finally had my FTE

    FTE EXECUTION 
    Like you said: process. You changed your process to focus on noticing problems as opportunities. Then, you took the additional step of providing value to your company's owner. Like @ZF Lee said, even if the owner is having someone else solve those problems, it might not work out. And, you...
  16. NMdad

    Taking a physical store online; getting feedback from customers

    For maintenance, you could offer maintenance contracts--either like an extended warranty--or as-needed or monthly/quarterly maintenance.
  17. NMdad

    Long Time Lurker

    INTRO 
    One of the best ways to find/identify opportunities is to look at industries/niches where you already have experience & expertise. But: most new entrepreneurs ignore that, since they want to ditch their day job and its industry. However, your niche-specific experience can be a gold mine, since...
  18. NMdad

    Working towards working with what I love - will it work?

    MINDSET 
    Perhaps, but cosmetics, balms, etc. are just one class of potential opportunities. There are tons of others--industrial lubricants, for example. Again, if you have industry/niche-specific experience or expertise, use that to identify problems you can solve.
  19. NMdad

    30 year old welder

    INTRO 
    So sorry to hear about your mom. My dad died of cancer at 47; it's made me much more aware of how little time any of us might have, and to savor the present. How do you want to spend these last days with her? Now, for the work/income side, here's something you might find inspiring. The father...
  20. NMdad

    Long Time Lurker

    INTRO 
    Welcome to the tribe! How can we help you?

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