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  1. throttleforward

    Margaritaville (I've Bought A Golf-Course!)

    GOLD! MINDSET 
    FWIW, whevever I played golf I always felt like I was bothering everyone else. I was either rushing the people in front of me on the rare occasion I was playing well, or annoying the people behind me. I was always concerned about making sure I was playing fast enough, which caused me to rush a...
  2. throttleforward

    How to help Old Friends?

    PEOPLE 
    And you just bought a golf course. Much respect to you sir! OP - You started one of the more interesting threads in a while (very few people talk about helping others as a primary motivation here), I hope you heed the advice of the folks who have contributed to it. There are some very...
  3. throttleforward

    Nice Inc.com article re: the recent Amazon outcry

    EXECUTION 
    This is accurate, and Americans should realize this. However, they don't and they won't. Or they do, but they don't care. No US politician is going to get elected on a message of "Suck it up, you entitled global 1%-ers! Don't you realize you should be happy with clean tap water?!" At some...
  4. throttleforward

    Nice Inc.com article re: the recent Amazon outcry

    EXECUTION 
    That's a fair point - the quality of life (i.e. what a dollar can buy) has been going up for poor folks in first world countries for decades. However, I still maintain that as the economy changes, people will start to lose access to these cheap technologies (edit: they may still have access...
  5. throttleforward

    Nice Inc.com article re: the recent Amazon outcry

    EXECUTION 
    http://www.intellibotrobotics.com/products/ http://www.cnet.com/news/worlds-first-3d-printed-apartment-building-constructed-in-china/ "Kotecki estimates the company's system can produce 2,000 articles per second if need be." http://mashable.com/2015/08/12/robot-evolution/ "The researchers...
  6. throttleforward

    Nice Inc.com article re: the recent Amazon outcry

    EXECUTION 
    From the article...“Machines will take on more repetitive and laborious tasks, but seem no closer to eliminating the need for human labour than at any time in the last 150 years.” I disagree with this completely. We have already seen "bots" take over increasingly "creative" roles, like writing...
  7. throttleforward

    Input on seed money/Angel round

    EXECUTION 
    I think investors will want to see more than one "beta tester" - it demonstrates traction (singular data point vs. trend). Also, you need to really be able to clearly demonstrate how extra investor money=people=more revenue. I don't think saying things like "well, if we had more sales people...
  8. throttleforward

    Effective Immediately... (Re: Declaration Threads)

    IMPORTANT! 
    Anyway to keep landfill threads from appearing in the "Recently Commented" block on the front page?
  9. throttleforward

    Selling without a business entity

    This is not entirely true, and is likely to be completely wrong for most newbies. When Courts Will Pierce the Corporate Veil Courts might pierce the corporate veil and impose personal liability on officers, directors, shareholders, or members when all of the following are true. There is no...
  10. throttleforward

    Top Lessons Learned in Business

    Nothing is a straight line. You always end up taking 2 steps forward, one step to the side, one step back, a leap forward...the path is rarely linear, and everything always takes 3 times longer than you think it should or planned for. And as the saying goes, no plan survives first contact with...
  11. throttleforward

    My Take (Down) of Ready, Fire, Aim by Michael Masterson

    BOOKS 
    I believe this was the closest he was to starting from scratch: "Soon he had produced an entirely new type of newsletter, with an accompanying direct-mail promotion, and convinced his boss to cut him in on the profits it brought in. He had to mortgage the equity in his home to get that cut...
  12. throttleforward

    My Take (Down) of Ready, Fire, Aim by Michael Masterson

    BOOKS 
    It's been a while since I've read the book (which I liked), but if I recall he did not start any venture without either a partner, or an existing business platform to fund development. I don't recall him sitting around a coffee table with a laptop, no money and no partners and ginning up a...
  13. throttleforward

    Shane Parrish on "Goal Induced Blindness"

    MINDSET 
    Many a pilot has died because of the same goal-setting idiocy (Pilots often call it "get-there-itis"). You're far more likely to die in a small plane crash if you (or your pilot) believe you must actually get to your destination. You start to ignore warning signs, violate self-imposed (or even...
  14. throttleforward

    Homejoy Is Shutting Down At The End Of The Month

    HOT! 
    I wonder if the investors were in on it/encouraged it.
  15. throttleforward

    Fed up!!! Going back to a 9 to 5 life !

    HOT! MINDSET 
    FWIW, I'm right there with you (my negative feedback comes in the form of potential investors, which I need to grow into a real sustainable business, but who all so far have balked). I don't know that I offer much to you other than the knowledge that other people are in the trenches too...
  16. throttleforward

    Nike founder's first business

    MARKETING 
    First and last sentence include "you" and "your," nowhere in the document does the author say "me", "I", "our" or "my."
  17. throttleforward

    Have you ever walked away from a sale?

    IMO, it will be a lot easier to raise prices later when you have a year's worth of real data showing them how much money they are saving.
  18. throttleforward

    I'm honestly just lost

    HOT! MINDSET 
    1) Why does it have to be tech? Why can't it be a product, a service, etc? 2) You'll notice that most people here, MJ included, encourage people to get a slowlane job if they are short on cash. There is nothing wrong with getting a job, saving money, getting access to credit based on your W2...
  19. throttleforward

    Medical app for paramedics

    EXECUTION 
    IMHO this should be a gold thread - @mikekob has successfully cracked one of the hardest sales cycles/markets, and created a product that will both save money and save lives (by ensuring hospitals don't waste precious resources on patients who don't need specialized care). Awesome job!
  20. throttleforward

    Medical app for paramedics

    EXECUTION 
    Do you already have approval from a surrounding/feeding EMS agency, or are you building a network of hospitals first?

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