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  1. djs13

    Creating a business by solving a problem

    I feel like my current position is a cross between the $3k to $1 million thread and finding the right entrepreneurial premise. I have alot in common with the person Russ created the 15 months thread for because I have $4,000 to work with and I'm also 17. I've made it a goal of mine to find a...
  2. djs13

    $3,000 to $1,000,000 in 15 months: HOW TO DO IT

    IDEA 
    It's literally just taken me over an hour to read every post in this thread but it was amazing. I'm in a very similar position: -I'm 17 -I have a savings account worth $4,000 -I'm moving into a dorm this January to go to college So right from the on set the standard e-commerce site is out...
  3. djs13

    The Fastlane Mastermind

    HOT! 
    I have participated in this before on another forum. I think we may have used Skype but I'm not sure. The owner of the forum listed a number to call but I'm not sure what service he used. The convo was recorded so it's definitely possible to do that. I would definitely participate in this. Just...
  4. djs13

    How much money would you need.....

    I haven't really put a number up because I'm pretty young and I'm not thinking about retiring any time soon. But why just accumulate money and then retire? Why not reinvest funds into something that could create monthly passive income. I think it would be easier to say "I need $60,000 a month to...
  5. djs13

    Tim Ferris vs. Entreprenurial Premise

    WEB/DIGITAL 
    OK so the title sounds a little weird but I think I have a valid question. I've been bouncing around ideas to start an e-business and I'm excited because I'm taking action. But I'm also making sure that the money and time I'm risking is going to be worthwhile. MJ's post about finding the right...
  6. djs13

    Self publishing books

    I got about 100 copies printed of my auto racing book by Green Button: Green Button, Inc. I don't have the actual quote on hand, but the book was about 130 pages long and the total amount was about $400. So basically on every book I charged $10 I made about $5. I found that it really took...
  7. djs13

    Equity vs. Cash Flow

    REAL ESTATE 
    One of the major reasons why I posted this question was because I'm currently trying to develop my plan. I go to college this January and I'll be in a dorm from then until May. I turn 18 in the spring and my hope is to buy a duplex to live in and rent out the other unit and work during the...
  8. djs13

    Equity vs. Cash Flow

    REAL ESTATE 
    OK I understand what you're saying now. Thanks Steve.
  9. djs13

    Equity vs. Cash Flow

    REAL ESTATE 
    So basically your saying that the real money in real estate is buy improving the property, thus building equity in the process, rent for a while to pay off the monthly debt and then sell for a greater price? If you used this process would you just live off of the profits you made in your...
  10. djs13

    How do you sell your domain names?

    WEB/DIGITAL 
    This is a little off topic, but how does one transfer a domain to another owner? Someone told me that certain hosting companies have strict rules about this and that you have to ask for permission.
  11. djs13

    Equity vs. Cash Flow

    REAL ESTATE 
    I'm about half way done with "The Millionaire Real Estate Investor" by Gary Keller. He gives an example about buying 15 properties in a 20 year period and being able to create equity over $2 million and having a $50,000 annual net cash flow. He talks alot about equity build up and how it's what...
  12. djs13

    Is this a sound investment?

    WEB/DIGITAL 
    OK so basically I'm getting a site and logo design for $450. The designer is going to do it using osCommerce which is compatible with Joomla. He's going to set up so I use my Joomla account to add different products and their pictures/descriptions/links to retailers. I still haven't pulled the...
  13. djs13

    Which industry are you going to earn your millions from?

    HOT! 
    Are you meaning drop shippers in terms of me hiring someone to package ship/my products? Or would it be like the ebay type drop shippers where I sign up for their program and I just have to get them leads almost like an affiliate network.
  14. djs13

    Which industry are you going to earn your millions from?

    HOT! 
    Well for personal reasons I'm going to a two year school in order to get good enough grades to get into a 4-year school like Babson, Syracuse or NYU. But realistically I don't think I would be able to manage both of them. If the project would be worthwhile and it profited I would be spending...
  15. djs13

    Pics of my first property and sorry I havent been here much

    REAL ESTATE 
    Awesome work Adam. I would be tempted to live upstairs too! Just remember that your working towards your goal and one day you can have the place you've been dreaming of.
  16. djs13

    Different Mindsets and Limiting Beliefs

    MINDSET 
    Although I've never had an overly successful e-biz, I personally feel like its the interests that you have as an entrepreneur that makes it so much better. For instance, I am an avid Indy Car fan and I play guitar. I've launched one business that was auto racing related but I don't think there's...
  17. djs13

    Which industry are you going to earn your millions from?

    HOT! 
    My goal is real estate. I study it all the time. I'm always reading a real estate related book and I absorb my mind into REI blogs like JScott's. My age is my only disadvantage but I plan on buying a duplex next spring when I turn 18. I've tried a few online ventures which profited little. I'm...
  18. djs13

    Is this a sound investment?

    WEB/DIGITAL 
    Ever since January I've been floating this idea around about starting an e-biz that sells affiliate products. Recently I've been taking action by buying a domain, picking out my potential products and planning my marketing plan. I guess you could say my elevator pitch is this: while alot of...
  19. djs13

    Intro to domains

    WEB/DIGITAL 
    So I have a newbie question. After you sell the domain, do you just change the account for the person who buys your domain? Wouldn't they need an account with the domain provider to receive it?
  20. djs13

    Bernie Mac Dies at age 50

    OFF-TOPIC 
    I remember him mostly from his acting. He was in the Ocean series, Bad Santa and he was in Guess Who with Ashton Kutcher. Bernie Mac was the man.

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