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  1. djs13

    It's playoff time!!!

    OFF-TOPIC 
    I'm still shocked the Cubs got swept. I also thought CC would have stepped up for the Brewers but with five consecutive starts with three days rests, it definitely caught up to him. I'm not necessarily rooting for the Rays, I'm just rooting for whoever Boston's opposing team is. Go Torre...
  2. djs13

    Fastlane to Millions Reality Apprentice Wanted!!!!

    HOT! 
    That's unfortunate because it seemed like a neat idea. I remember about a year ago on the Rich Dad Forums in the Teen board we gathered about 30 people from ages 15-30. The plan was to have everyone chip into an account and build a start up e-biz. One of the guys on the Rich Dad forums who had a...
  3. djs13

    Equity vs. Cash Flow

    REAL ESTATE 
    Right I understand this. But it seemed like your theory was buying larger apartment complexes in need of management, hold while the area grew and then sell and take the profit to the next deal. Is this right? Did I get it wrong? It just seemed like the theory of investors of buying properties...
  4. djs13

    Analyzing the Music Industry and Finding a Niche

    (Note: I haven't finished my research/ideas yet, but I wanted to know what everyone thought about this so I'm going to post this even though I'm not done with some of the details): Lately I’ve been frantically searching for different business opportunities. I’ve looked at the spectrum of...
  5. djs13

    Is it really all about *meeting* demand?

    I don't think every successful business fills a dying need or demand. It's basic economics that when an economy is prospering the need for inferior goods decreases, thus bringing about brands like Lamborghini, Ferrari, etc. I like Richard Branson's philosophy about just doing it better than...
  6. djs13

    Equity vs. Cash Flow

    REAL ESTATE 
    Although I agree cashflow properties have become difficult to acquire, I still think that a person can gradually make their way up through the apartment ranks like JScott is doing and like so many others want to do. If you couldn't I don't think people like that would be wasting their time. I...
  7. djs13

    Entrepreneurs Fear's ?

    MINDSET 
    My biggest fear is leaving college and having to move back home. I also am fearful of leaving college and being forced to join the rat race because of my stubbornness of not wanting to move back home. I am also fearful of other more generic subjects like failing.
  8. djs13

    The Emotional rollercoaster ride - Tim Ferriss

    MINDSET 
    Yes, I definitely agree that being involved in start-up businesses takes a special mindset. It is nearly impossible to see the light at the end of the tunnel when things aren't going the right way. I've learned persistence definitely helps ride the cycle.
  9. djs13

    Action Takers - What Are You Up To?

    HOT! 
    October Goals: - Finish Real Estate Business Plan (almost done) - Continue to Brain storm about start-up web site idea - Pull trigger on idea (pay web designer) There are a bunch of other little things, but I've learned when I focus on the little things I don't actually complete the big ones.
  10. djs13

    Most fastlane of online business types?

    WEB/DIGITAL 
    I wouldn't really say that I'm looking at it backwards. I recall a post from MJ about a guy who started a karate school because he was talented at it. But it turned out that there was already a sufficient amount of karate schools in the area and that the guy wasn't actually helping anyone. He...
  11. djs13

    Most fastlane of online business types?

    WEB/DIGITAL 
    Well I got the idea about writing a book about Indy Car Racing because the entire sport was slowly dying and since I was an avid fan and a good writer, it made sense. I wrote about my opinions of the sport and what needed to change and decided to sell it as an ebook. This was about two years ago...
  12. djs13

    Most fastlane of online business types?

    WEB/DIGITAL 
    What I've taken from this thread and other similar threads is that the most fastlane type businesses are when you're the driver not the passenger. I feel like membership sites and lead generation sites may be the most difficult to create, but yet offer the most rewards. At this point as an...
  13. djs13

    Most fastlane of online business types?

    WEB/DIGITAL 
    Royemunson, you have some good points. But I think there are some exceptions. For example, Orbitz, Google and Youtube don't actually own anything tangible. Excellent advice. I think that's the toughest thing I've been hung up on. Most of the successful membership sites that I know of sell a...
  14. djs13

    Most fastlane of online business types?

    WEB/DIGITAL 
    I don't think there's a certain business type that's fastlane. I think the biggest thing I've learned from business is that solving a problem or fulfilling a need is what separates fastlane businesses to the others. I'm messing around with a potential start-up site that I think could be very...
  15. djs13

    Writing a Real Estate Business Plan?

    REAL ESTATE 
    Thank you!!:thankyousign:
  16. djs13

    Writing a Real Estate Business Plan?

    REAL ESTATE 
    I'll be attempting to get a loan for my first piece of property next spring but I'm trying to get everything figured out now so it's smooth sailing. SBA offers this pretty cool question format for people writing business plans for start-ups. I used it for a business plan previously but it...
  17. djs13

    US Govt to take over Freddie & Fannie

    REAL ESTATE 
    I'm not trying to get off topic here, but wouldn't the difficulty of getting mortgages for the average worker actually increase the amount of people who rent apartments? Thus every real estate investor who can secure funding by creative financing might even benefit from the amount of people who...
  18. djs13

    RIP Paul Newman

    OFF-TOPIC 
    Newman owned multiple race teams as well. He even was a race car driver himself. I recall seeing him race at a track called Lime Rock Park in Connecticut. He was in his 70s at the time and he was racing a sports car! How many 70 year olds do you know who race cars?
  19. djs13

    Book Recommendation?

    WEB/DIGITAL 
    I read "Internet Riches" because someone recommended it to me. It was far from fastlane. I enjoyed it, but I felt the author believed success with the internet was by managing blogs and e-commerce stores in order to make six figures a year. It contradicted the beliefs of people like Robert...
  20. djs13

    Are you motivated and energized all day long ?

    MINDSET 
    I find myself to be a pretty relaxed. I could even be labeled as mellow. But the first time I heard the quote "Action does not always bring happiness, but there is no happiness without action" everything kind of changed for me. Although I spend a while doing things that could be perceived as...

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