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  1. CareCPA

    Coach or no Coach?

    MINDSET 
    It depends on what you want to accomplish. I am weak on sales/marketing, and have no idea how to source and hire employees, so I have an adviser with experience in these areas. Don't get a coach just to get a coach. Recognize what you need to grow in, and find someone who is specialized in that...
  2. CareCPA

    Project: BellaPippin | Real Estate, Social entrepreneurship, Art and YouTube, and who knows what else

    EXECUTION 
    I think you misunderstood me. I'm impressed that you got two signups despite not having any of those marketing things. Imagine if you added a little fuel to that fire. Keep creating, keep putting it out there, and it will snowball for you. You don't think @Lex DeVille woke up one day, created...
  3. CareCPA

    Project: BellaPippin | Real Estate, Social entrepreneurship, Art and YouTube, and who knows what else

    EXECUTION 
    I don't really see this as a failure. You got 2 people to sign up for a course that you just created. From what I've seen in this thread, the course had no list to "launch" to, no marketing funnel, no big names promoting it. Do you have name recognition in the space that lends credibility to...
  4. CareCPA

    Today is THE day

    EXECUTION 
    You also need to know what your potential client wants. No one wants a website, they want the results that a website produces. Is it reputation management? New clients? Better-paying clients? A place to publish information so they can stop responding to 1,000 emails that ask the same question...
  5. CareCPA

    I quit my Job

    HOT! 
    If they aren't working a job, have them go door to door to drum up more.
  6. CareCPA

    A new marketing tool I'm using with ridiculous ROI

    GOLD! MARKETING 
    This is what we're trying to do for our accounting firm. Acquire small players and consolidate them into our client list. Seems to beat marketing spend, at least in my limited experience. In our industry, we can get them for 1-1.25x annual revenue. The hardest part is finding books of business...
  7. CareCPA

    Income Store Shut down by SEC, How to Whistleblow Scams

    NOTABLE! INVESTING 
    It just depends on how outrageous the guarantee is. I can guarantee you 0.5% return on your investment - would you consider that a scam? The threshold is going to be different for everyone. 10% may raise red flags for some people and not others. Apparently, there were a bunch of people for whom...
  8. CareCPA

    Amazon is not worth it, I've failed and therefore, it works for NOBODY. Yes, NOBODY!

    HOT! EXECUTION RANT 
    I'm going to let you in on a secret. I have clients (not on this forum, nobody panic) profiting mid- to high-six figures per year. Net profit. As in, after all expenses are deducted (including their salary). They only sell on Amazon. But, they work damn hard at it. They're intentional about...
  9. CareCPA

    Income Store, Legit? NO, A SCAM AS WE PREDICTED.

    HOT! 
    Nice to see you joined. I bet we could learn a lot about growing REAL income-generating sites if you're inclined to share some wisdom (but I'd put it in a new thread so it doesn't get intermixed with IS).
  10. CareCPA

    Why Amazon Sucks: The Master Thread

    HOT! 
    It's also security. When you have major IT and information security people saying that Amazon is one of the only secure places to purchase online, then it's little wonder that everyone buys on there. Do you want to enter your credit card into a random website and hope it doesn't get stolen?
  11. CareCPA

    Income Store Site Partners Investors Group (CLOSED)

    HOT! INVESTING 
    I spent way too long watching that video. What he does is he says part of the purchase is for the URL and that a large portion is for services or for software. If it's software, you can take accelerated depreciation. If it's for services you can deduct in the current year. I've had this...
  12. CareCPA

    Income Store, Legit? NO, A SCAM AS WE PREDICTED.

    HOT! 
    I'm curious how many of these new accounts are Income Store employees/owners/investors trying to put a positive spin on things...
  13. CareCPA

    The Road Less Stupid

    BOOKS 
    @amp0193 keeps mentioning this book to me, and I think he's encouraged others to read it. I have not gotten around to it yet.
  14. CareCPA

    From 0 To $240,000 Per Year PROFIT In 18 Months (Acquisition Entrepreneurship)

    GOLD! HOT! 
    A footnote here: If you are planning to sell any of these businesses in the future, the buyer is likely to request financials and tax returns. If you have all your businesses in one entity, this can get pretty intrusive, and pretty time-intensive trying to reconcile the QBO account to the tax...
  15. CareCPA

    Reintroducing myself

    INTRO 
    So what are you working on? This is, after all, an entrepreneurship forum. How can we help you grow your business?
  16. CareCPA

    Facebook Ads: Create Custom Audience from a Group?

    MARKETING 
    I saw this one on Appsumo recently, although I have no first-hand experience. https://appsumo.com/texau/
  17. CareCPA

    Project: BellaPippin | Real Estate, Social entrepreneurship, Art and YouTube, and who knows what else

    EXECUTION 
    It's probably what fits into their case (12 packs of 12? 36 packs of 4? You get the idea). Also, following along. Excited to see where this goes.
  18. CareCPA

    Buying a eCommerce business?

    Also check out the thread by @richardd GOLD! - From 0 To $240,000 Per Year PROFIT In 18 Months
  19. CareCPA

    (Complicated) Unpaid Invoice

    Payment up front. For both.
  20. CareCPA

    How to scale my business and finally profit

    HOT! 
    Also, don't confuse reinvesting into inventory as an expense. If you bring in $2.2 million, spend $2.2 million, but have inventory of $500k at the end of the year, then you didn't really break even. Make sure your numbers are not on cash-basis so you have a true picture of your profitability...
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