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  1. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Your mind telling you opportunity is knocking.
  2. Rabby

    16 year old Entrepreneur

    INTRO 
    See if you have local networking communities. Things like meetup[.]com, chamber of commerce, business networking groups, conferences on business, technology, or other professional interests. That's where you're going to connect with like minded people locally, most likely. You'll struggle to...
  3. Rabby

    What problems do tattoo removal business potentially have ?

    MARKETING 
    In my state, the minimum cost for insurance I saw was maybe $2,500 US per year for a limited malpractice policy. It scales with sales, and with the type of procedure done too though. A lot of these businesses had other cosmetic procedures they offered.
  4. Rabby

    What problems do tattoo removal business potentially have ?

    MARKETING 
    Liability for injuries can be an issue. Compliance with requirements for medical supervision might be an issue in some jurisdictions. I used to write insurance for tattoo removal, and it's a lot like medical malpractice insurance. Where I am, even moreso because the places that did it had to...
  5. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Perhaps Flint, Michigan can comment.
  6. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Wow. That's deep into the territory of existential horror. Imagine the choice between singing "gotta do what they told ya" in self-mockery, vs mysteriously disappearing, never to be heard of again. A master-stroke of demoralization, by way of obligatory performance art.
  7. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    This week I found out that someone I worked with in ~2005 and who I have kept in touch with since, died of a heart attack. He was 42, low body fat, no known health problems. Alas. He was a very productive person, worked his way up to COO in a middle market business (started at the bottom)...
  8. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    This is a classic definition of daemon, going back to the ancient Greeks at least. An idea (sometimes metaphorically a life-form) which gains persistence by residing in living beings, propagating from one to another and ultimately outliving any mortal host. Thus daemons (ideas) are potentially...
  9. Rabby

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    For business, I think the $640,000+ answer is "run an experiment in some part of the market every 2 weeks." Or, something close to that. It doesn't have to cost you anything other than effort and brainpower, and it doesn't have to make money. Experiments that show you what doesn't work are...
  10. Rabby

    Exiting the Slowlane by Buying a Business

    HOT! SLOWLANE EXECUTION 
    There's a DOL statistic that goes "80% of businesses with employees will still be operating in 5 years." In other words, most of them haven't failed even 5 years after starting. And many of the ones that are no longer operating have been sold, or the owners retired, or the owners moved away and...
  11. Rabby

    ChatGPT AI is a huge breakthrough, a Google killer

    - AI - 
    Yes. I've done some talks on the GAN approach. It does produce very good results in some cases. Among my favorites was AlphaGo, which used a GAN to train a Go playing (Baduk) AI. Probably the most uncannily smart machine out there, though the number of people in the West who can appreciate its...
  12. Rabby

    ChatGPT AI is a huge breakthrough, a Google killer

    - AI - 
    Alas, video is already not trustworthy. We can generate deep fakes that are indistinguishable from real video by most people. With enough compute resources, these can be automatically generated and made indistinguishable to most experts, I would guess. They'll only get better over time.
  13. Rabby

    ChatGPT AI is a huge breakthrough, a Google killer

    - AI - 
    Well when the chat AI starts training on previous output from chat AIs, we'll see how deep the rabbit hole really goes. Maybe they'll write books too, and then write the reviews of the books. When the same messages are repeated so many times that we never hear anything else, will we break out in...
  14. Rabby

    Is it possible to be a Fastlaner with a franchise? (Being a franchisee)

    SLOWLANE FTE QUESTION 
    Yes, it's possible. A good friend has done it, and it's without question more 'fastlane' than anything I've done so far. Think about the approach though. Can you scale one franchise location? Would it become more scalable if you had 20, or 50, or 100? And if so how would you buy them. You...
  15. Rabby

    Saad Khan's EXECUTION THREAD

    HOT! EXECUTION 
    On. Fire. Sure you accidentally volunteered, or got-volunteered for something; but other people are acknowledging your skills and hard work. That's a sign. You'll do great... follow through on the commitment and you've got a few more people who know what you can do. And who know that you do...
  16. Rabby

    Literally everything is about taming the octopus.

    GOLD! MINDSET 
    I think the Classic mindset is that it's important to be in control of yourself. Furthermore, that there is no liberty if you are a slave to your every whim. A person who can not even control their own actions, you can observe, may fall into many bad situations. They can only aimlessly wander...
  17. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    That was a great talk... thank you for sharing
  18. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Candy crush prevented a ton of stupid people from talking to me in waiting rooms and such. I feel I got a lot of value out of it.
  19. Rabby

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I guess you'll know he's not taking all the drugs prescribed if he stops looking stoned out of his mind.
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