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  1. djs13

    Being a Leader

    When I ran for office in 2009, the mayor of a large city bordering my town told me that a good leader still gets respect from some of his/her biggest enemies. That quote changed the way I gave people advice or constructive criticism. I think alot of people are sometimes aggressive or rude in...
  2. djs13

    Do you need passion or a good idea to get rich?

    IDEA MINDSET 
    I think a "good idea" is way overrated. When it comes to companies like Paypal, Twitter and Myspace - innovation was key. But even Myspace wasn't the original social networking concept. I'm more interested in having an idea for a business, that just a good idea. For example, there are energy...
  3. djs13

    How to Get Rich by Felix Dennis

    HOT! 
    I just got this book and read the first chapter. What an awesome entrepreneur. I wish I got this book years ago!
  4. djs13

    idea development

    IDEA 
    I find that my most viable ideas are ones located in my interest. I think it's more important to have a company mantra, or "stickiness," than to just find a need and fill it. This way the company doesn't just rely on one idea. For example, GM is in the transportation industry, not the internal...
  5. djs13

    Your biggest mental struggle?

    HOT! MINDSET 
    1. What has been your biggest mental struggle? (current or past) I think my biggest mental struggle is overcoming hurdles. I have many viable business ideas, but I need to be more confident in myself. When no one else is doing what I want to do, I tell myself it must not be worthwhile. And...
  6. djs13

    Great Q&A session with a self-made restaurant/bar owner

    I'm speaking specifically about his bars and nightclubs, but even for the restaurant situation, I doubt the owner is the only person who can manage his restaurant effectively. And the chef doesn't need to be the person doing the oversight either. It's vital for the owner to instill his message...
  7. djs13

    Great Q&A session with a self-made restaurant/bar owner

    There's a book worth of information here! Thank you for posting. The only thing that stuck out to me was when he said he works a minimum of 50 hours a week. Although he's a successful business owner, this isn't exactly fastlane. Perhaps he should read the E-Myth and assign every responsibility...
  8. djs13

    Is there a different mindset between B&M and e-biz entrepreneurs?

    Re: Is there a different mindset between B&M and e-biz entreprene I absolutely agree. Getting into an online business would be much easier with the amount of money I have, but my two biggest set-backs are my difficulties with developing ideas for e-businesses and the risk of dropping $4k for a...
  9. djs13

    Is there a different mindset between B&M and e-biz entrepreneurs?

    I've been deliberating with this idea for a few months now but I haven't seen anyone mention it on the forums yet. Obviously there are many brick and mortar companies that are complimentary to their web site, but in terms of the start-up phase - do you think there's a difference between...
  10. djs13

    Calling everyone who works out and is into fitness/bodybuilding!

    OFF-TOPIC 
    Re: Calling everyone who works out and is into fitness/bodybuildi GymJunkie, your blog is pretty cool. I enjoyed alot of the content. I started lifting a year ago. I'm pretty slim but I'm not trying to get freakishly bulky. I just like to stay cut. I'm a full-time college student and I'm...
  11. djs13

    What book are you reading? Right now. Post up!

    NOTABLE! HOT! BOOKS CHAT 
    I'm reading "Made to Stick" to help me develop some of my ideas. I'm also reading a bunch of other books about foreign/economic policy making but I don't want to get political! :smxB:
  12. djs13

    $100,000 to $3,000,000 in 15 months

    $100,000 completely changes the game. Some million dollar companies started with $5,000. I think if your interested in building a business (as opposed to investing in REI, stocks, etc.), you just need to learn about start-up business and leverage your creativity and funding.
  13. djs13

    The Business Idea Thread

    IDEA 
    One idea hit me while I was reading the news this morning. Apparently this woman from an MTV reality show was arrested for DWI and it turns out she's very wealthy. So it got me thinking, there are alot of taxi services but how many specialize in late night excursions? It seems like all of these...
  14. djs13

    Beverage Company Idea

    IDEA 
    Although I agree the soft drink/energy drink market is saturated, I wouldn't let it stop you from trying if you think you can make it. Five Guys Burgers is a great example that just because someone is doing it doesn't mean you can't succeed. The company started in '86 and has become a huge...
  15. djs13

    Venture captial and investors help

    Mike, Check out a book called "The Art of the Start." The author is a VC himself and he gives a great explanation on what it takes to secure funding. But what is probably even more interesting is his advice to not secure VC funding but instead try to boot-strap your business through its...
  16. djs13

    List of money making websites for-sale

    I was thinking about buying a web site for a while, but I found that many of them are generic and you can most likely just duplicate or even improve their business model for a fraction of their asking price. But on the flip side, if you're looking for instant monthly income and don't want to...
  17. djs13

    Which industry are you going to earn your millions from?

    HOT! 
    Right now I'm leveraging my time and small savings into a few e-businesses as well as small real estate ventures (mobile home investments/real estate wholesaling, etc.) But I don't plan to make millions this way. It took me about two years to truly put a name on the industry I wanted to enter...
  18. djs13

    Making my first move in REI - help me choose!

    REAL ESTATE 
    I'm going to be transferring from my local Community College to a State University that is about three hours away this January. I'm confused however how I should go about beginning my path in real estate. My initial idea was to purchase a multi-family house and rent the other units, but I...
  19. djs13

    Starting a Bank

    That's what I'm thinking. My hypothetical idea is a bank like ING Direct, which would be 100% online. Would that still cost $2 million in licenses? I'm surprised this idea hasn't been discussed yet on the Fastlane forums. I like the idea about a "non-corporate," technology friendly online bank...
  20. djs13

    Starting a Bank

    I stumbled upon this blog article by the guy who made Wordpress. I did a few searches but I couldn't find any information on this forum about starting a bank. Every state has its own regulations and it would certainly be a difficult start-up, but what do you think about the possibilities of...
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