What's new

Search results

  1. LateStarter

    26 years old loser ..

    HOT! IDEA BOOKS MINDSET 
    I think you've made a remarkable statement here which is exactly right. You don't know what your life will be like in 6 months. Never make permanent decisions when faced with temporary problems. You've had some success, but also have some behaviors that have held you back. In my view, I...
  2. LateStarter

    Have an Idea but not sure of the steps to get to final product

    IDEA 
    Desire to execute. People are lazy. Developing a product takes a lot of work, time and potentially money that most people aren't willing to invest. And I agree, posting something publicly would be too risky for me as well.
  3. LateStarter

    Have an Idea but not sure of the steps to get to final product

    IDEA 
    1) Likely, but not necessarily. It depends on the product. An engineer only needs to sign off on documents for certification (UL, CSA, etc). If you are making a low, DC powered device that uses an off-the-shelf power supply that is already certified, you may be able to get away without one. It's...
  4. LateStarter

    High entry barrier, low capital to start with.

    IDEA 
    Those are not mentors. Those people more likely to tell you you're crazy than to be able to provide you with any solid business advice. @Gabriel0504 There's not enough detail to really help give you too much advice, but @DavidePaco00 isn't far off. Just start. What are your end goals? Do you...
  5. LateStarter

    Why Real Estate is Bullsh*t

    REAL ESTATE 
    Not true. What you've described, and tried to pass as fact, is a limiting belief. You need to have enough capital to start with 1 property and, depending on where you live, there are different programs available to help you minimize your down payment to get in the game. Those with an average...
  6. LateStarter

    Why Real Estate is Bullsh*t

    REAL ESTATE 
    Investing in yourself first is always the right move. Whether it's getting MJ's book(s), taking a course, or investing your time in YouTube tutorials and forums; those are investments in yourself and your future. Real estate is not BS. I hit my net worth goal in less than 10 years thanks to...
  7. LateStarter

    Today's my birthday. I couldnt be more disappointed.

    HOT! INTRO 
    To know which direction to go, you first have to picture your destination. Where is it you want to be at the end of this? What are you goals? Start there. No one can answer that but you.
  8. LateStarter

    Getting started is this simple...

    GOLD! 
    The other part that's important to realize is that you don't need to have a major benefit compared to the competition when you start. It can be something really small. It's ok to start a business and 'just compete' in the market. People my just like you better (or like the other guy less)...
  9. LateStarter

    What if there's an auto insurance company for the people by the people?

    IDEA 
    You mean like a co-operative? It sounds like they exist. Have you done any research on them? https://www.autoinsurance.org/is-co-operative-car-insurance-good/
  10. LateStarter

    Struggling to grow our eCommerce store | Feedback and Ideas?

    MARKETING 
    At the risk of sounding like a dick, it took 39 mins from start to finish for me to be notified of your reply, read it and reply to it. 39 mins to start researching resources for fashions shows in Germany; a place I know nothing about. A simple Google search "German Fashion Shows" started...
  11. LateStarter

    Struggling to grow our eCommerce store | Feedback and Ideas?

    MARKETING 
    Great! Also look at the sites for major brands that you want to emulate or could learn from. Leverage the work they put into their UX and copy it. Whether it's Tiffany, Rolex, or whatever, pick apart their site and think about why they structured it that way. My experience was more specific to...
  12. LateStarter

    Let's Build a Spec House!

    EXECUTION 
    I stumbled back on this post after reading it several years ago. I was at the Summit when you spoke about this business and although I was investing in real estate at the time, I never thought this would be a part of my future plans. As it turns out, it was. My wife and I started with land...
  13. LateStarter

    Having friends or family in your Business!

    PEOPLE CHAT RANT QUESTION 
    In my experience it's been the opposite. Working with friends hasn't gone well but working with my spouse has been great! Everyone will have a different opinion and experience depending on the partner(s). The general take away should be, if you take on partners, expect the worst and hope for...
  14. LateStarter

    Struggling to grow our eCommerce store | Feedback and Ideas?

    MARKETING 
    Thanks for the added context. If you were drop shipping before, am I right to assume that it wasn't under the same brand name? In which case it makes sense that you're basically starting from zero again. In either case, how are you leveraging your old pool of customers? Do you have a customer...
  15. LateStarter

    How do you evaluate if an idea is worth pursuing?

    IDEA 
    It sounds like you already had a plan to validate your idea. Don't wait for people here to validate it. Just start and get on it!
  16. LateStarter

    Has Moving to a Warm and Sunny Climate Made You Happier?

    NOTABLE! MINDSET 
    Yeah 1.5 hrs in Toronto is a morning commute to the office.
  17. LateStarter

    I have no experience and want to ask how to get experience

    EXECUTION QUESTION 
    As a father of three 16 year olds and a 13 year old, I'm going to give you some controversial advice but it's based on my kids who also don't care about money because they have everything they could want. At your age, you don't have any life experiences. Get some. Since you don't care about...
  18. LateStarter

    How do you evaluate if an idea is worth pursuing?

    IDEA 
    What type of construction? I'm in residential construction. If you need to bounce some ideas around just send me a message. Rather than going to all the effort of CAD drawings, finding a manufacturer, etc., you need to test your idea and validate the market first. Find a local shop and make a...
  19. LateStarter

    What improved your life so much that you wish you did it sooner?

    GOLD! HOT! 
    My two are pretty common: 1) Start sooner. Just start. It doesn't matter what. You'll learn and find what works. 2) Pull the plug on a relationship sooner. It doesn't have to be toxic for you to be in the wrong place; get out. 3) Invest in real estate sooner. I plan to post an update soon but...
  20. LateStarter

    Struggling to grow our eCommerce store | Feedback and Ideas?

    MARKETING 
    Hey, welcome to the forums! I see you're relatively new here. I have a bunch of questions that would help me to understand your current position, so excuse the flood: If you've just relaunched your store, then you knew there were issues with it that you wanted to improve. What did you change...

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom