Search results
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!Customers typically don't order more than one of any of my items, so the multiple shipping costs scenario is more rare(for my store) than you would think. I have never had the situation happen in almost 50 orders already. Our prices are higher than most of our competitors.- G_Alexander
- Post #46
- Forum: General Business Discussion
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Thoughts on Cars (subtitle... why you should not buy a Lamborghini)
NOTABLE! MINDSETWe agree with you @joocenasty. What Vig meant to establish with this thread was was not that you should never buy your dream car....it's that you should not buy a 30k Millionaire (guys who make 30k, and act like a millionaire) vehicle when you are young. There are much higher investment ROIs to...- G_Alexander
- Post #65
- Forum: Mindset and Self-Development
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!@Yury Byalik Each product on my website has it's own separate fixed-shipping costs attached to it, so the customer ends up paying no matter who I dropship from. I would recommend charging shipping per item, rather than calculating at the end of the checkout. @theag, always liked that one, and...- G_Alexander
- Post #44
- Forum: General Business Discussion
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!Just booked a flight using points from my capital one business credit card. Already have $500+ in airline miles from purchasing product from suppliers. Feels great to travel for free from my own business :cool:- G_Alexander
- Post #38
- Forum: General Business Discussion
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on the verge of quitting the job!
MINDSET RANTPublish the books (or launch whatever venture you have picked). Pick your "quitting date" today (pick a day a few months away from now since your expenses are minimal and you claim to have no upward mobility) Keep learning (while you're earning hourly) every day for the next couple months...- G_Alexander
- Post #5
- Forum: Mindset and Self-Development
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!Thanks @Tony I. If I could go back I would do it exactly the same way. I learned a lot in IB by way of new skills and affirming that a high paying job doesn't truly make you happy. It can actually make you really unhappy because you are giving up more valuable assets (time, freedom, pride...- G_Alexander
- Post #36
- Forum: General Business Discussion
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Thoughts on Cars (subtitle... why you should not buy a Lamborghini)
NOTABLE! MINDSETThe last two years I "earned" (slave labor) six-figures......bought a 2002 4Runner with 165k miles for $4k cash. Colleagues and classmates I went to school with were buying Audi S5s and Mercedes making less money as insurance salesman, military, etc. etc. I don't even try explaining the...- G_Alexander
- Post #56
- Forum: Mindset and Self-Development
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!Is there any way for you to pass the shipping costs down to your customers? That is the important piece to consider. If the answer is yes, you have no issues: just charge the customers for the high shipping costs. If the answer is no, i.e. if all your competitors offer "free-shipping" on their...- G_Alexander
- Post #33
- Forum: General Business Discussion
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!Honestly wouldn't change the way I have done anything to this point. I have forged my opinions through real experiences. It is also nice to have a pile of investment capital to attack my new ventures with. You should be LEARNING as much as you humanly can, and taking action WHILE you are...- G_Alexander
- Post #23
- Forum: General Business Discussion
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!Thank you ALL for your kind words :). I am thrilled I was able to infuse some motivation for people and I will continue to do so by updating my main story in this thread. I will also post more detailed individual deals / related information in proper sub-forums. @Jakeeck, if setting deadlines...- G_Alexander
- Post #14
- Forum: General Business Discussion
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Hello from Hong Kong!
INTROGreat intro thread. You have a very respectable ideology and one hell of a good story. Thanks for taking the time to write it and for starting your AMA thread. Always good to "meet" people with similar mindsets. You will fit in like a round-peg in a round-hole here. "Swot" status is my favorite...- G_Alexander
- Post #18
- Forum: Introductions
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24 Years old: QUIT six-figure Job, Launched two Businesses, Over $25M+ Sales
GOLD!What better way to spend a Friday night than working on my businesses and spending time with my Fastlane brothers and sisters? Don’t you dare try to answer my rhetorical question! It is about time I updated everyone! I AM OUT OF THE CAGE. I quit my $XXX,XXX per year investment banking job a few...- G_Alexander
- Thread
- ecommerce
- Replies: 339
- Forum: General Business Discussion
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First Apartment Building Acquisition Done
REAL ESTATEBOOM! Congrats @joefazzolari . Way to take action. Way to live for free. Whatever you do for the rest of your life, you will have a safe-house and leverageable asset to go back to if all else fails. Love seeing this. Rep++- G_Alexander
- Post #14
- Forum: Real Estate Investment Forum
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STOP Paying Rent: Live For Free
GOLD! REAL ESTATEThanks @MJ DeMarco , it's an honor. Thank you for this amazing place and thanks to the wonderful @SteveO @RealOG @GLC65 @JScott @AroundTheWorld and others for your real estate wisdom since I joined here in 2008 when I was just 18 years old. @jilla82 I have been known to get people pretty amped...- G_Alexander
- Post #73
- Forum: Real Estate Investment Forum
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STOP Paying Rent: Live For Free
GOLD! REAL ESTATENo. This scenario is attractive because using the FHA loan allows for minimal (3.5%) down payment...which means you can keep more liquid capital in your pocket and use it to pursue your Fastlane business venture. When it comes to deals in general, personally...I like to have as little equity...- G_Alexander
- Post #54
- Forum: Real Estate Investment Forum
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Illinois LLC filing fee $612 any help appreciated.
Disclaimer: I'm not a lawyer I've dealt with this. Just did an LLC about two months ago here in Illinois. As you are no doubt already aware, this state sucks. Looked at Delaware and Nevada for my LLC stuff. From from lawyers I called and what I have read...if you are planning on having your...- G_Alexander
- Post #3
- Forum: General Business Discussion
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How do you guys find the deals ?
REAL ESTATEDon't use Zillow. Follow the hipsters. Your question is far too broad based and general. Normally I wouldn't respond because your question could have literally THOUSANDS of answers depending on who you ask. It's like asking "What is a good business to start?". Are you looking at commercial...- G_Alexander
- Post #6
- Forum: Real Estate Investment Forum
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STOP Paying Rent: Live For Free
GOLD! REAL ESTATESo you would rather start seeing members post things like.... "Starting a B2B distribution company in a stable and tired niche can be lucrative....but you might not want to start a distribution company, because you might have to make hundreds of phone calls, you might lose a major contract or...- G_Alexander
- Post #48
- Forum: Real Estate Investment Forum
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STOP Paying Rent: Live For Free
GOLD! REAL ESTATEYou'r network is 5 years late to those parties. Those areas have already turned, except Pilsen. You didn't name one place where I would be putting my money. You didn't specify when you asked. I'm not delving into depreciation re-caps or more complex topics here either. As @Steve37 said, the 50%...- G_Alexander
- Post #41
- Forum: Real Estate Investment Forum
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