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  1. TreyAllDay

    When somebody asks me to join their MLM

    FUNNY 
    Yep. It's insane how much they indoctrinate their participants. I had a friend who was doing it. Worked his a$$ off trying to recruit me because he genuinely believed that he was doing me a huge favor by getting me in, helping me achieve financial freedom. He had a list of people on his desk at...
  2. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Yep it's a scary idea sometimes but I think if you satisfy the 5 commandments you're ahead of 75% of the people. Have an honest conversation with yourself about whether you know there is a validated need, barriers to entry, control, scalability, and time separation. Most people don't have honest...
  3. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    I could possibly see it - many franchises exist because there is a customer need and the franchise will analyze an area before opening there. I'm in the "affiliated dealer" business currently and we do similar things. Also lots of marketing and operational support. That being said, you may...
  4. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Awesome post! Thanks for all the great info. It is starting to sound like it really is a problem of chasing needs, which in then should lead to cash flow, keeping expenses down, etc. My industry is internet based and minimal expenses- I can't imagine how daunting it is to your clients who take...
  5. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Great feedback. I've always pondered this question as well in the startup community - you hear a lot of people say "fail fast" or "you need 1 or 2 big failures" as if failing a business should count. It doesn't, your business fails because it's flawed and based on your desire to make money. I...
  6. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Great points im excited to check out jay Abraham never heard of it before Sent from my iPhone using Tapatalk
  7. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    In late development stages, have been at it for about 5 months- treated it as a hobby for the first 1 or 2. Sent from my iPhone using Tapatalk
  8. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Great feedback thank you. Regardless of how confident I want to be, it's daunting to hear figures like this when you put in the prep work about how so many people fail and I figured like you said it's a lot of people with no idea, no plan, etc Sent from my iPhone using Tapatalk
  9. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    Had to google that one But interesting read! Thanks. I've seen this happen a lot- our graphic designer left last year to start her own graphic design company and it was just "Kate's design".... Just a technical person trying to make money doing their technical skill and it never lasts. Sent...
  10. TreyAllDay

    Why do SO MANY startups fail?

    HOT! 
    I was curious to just garner some opinions on this topic. I'm a successful 25 year old business person, I've work in sales and marketing and understand hard work and persistence - branding a product properly and hitting the ground to sell the crap out of it, dealing with rejection. I'm leaving...
  11. TreyAllDay

    Are 5% yearly bonds/investments possible?

    INVESTING 
    Whoops sorry I meant 5% per year lol. But so it is possible to find a safe bond near like 2.5-3% ? Good to hear Sent from my iPhone using Tapatalk
  12. TreyAllDay

    Are 5% yearly bonds/investments possible?

    INVESTING 
    My business is finally, slowly taking off and although I don't have the cash yet to fully fund my money tree- I want to start looking at the long term financial aspect of my life. In mj's book he talks about creating a money tree in government (or other) bonds that yields monthly payments at 5%...
  13. TreyAllDay

    Can't stand this fantastic cushion I'm sitting on

    INTRO 
    Way to go man!! Keep at the grind and do what you can to automate your system so you can continue selling in your off-time. I've had friends who worked government and hate it. Again it's a cozy life, nice retirement, lots of perks and benefits but not overly rewarding or competitive. Sent from...
  14. TreyAllDay

    Any Bi-Polar people here?

    I can't say I'm bipolar or have been diagnosed however my whole life I have rode waves of extreme happiness and then have at times been extremely sad and discouraged . I've been extremely into working out, then completely lazy after 2 weeks and then back into it again. Spent time smoking a LOT...
  15. TreyAllDay

    How do I keep my employer from claiming ownership of my business?

    Thank you for the advice everyone. This is the first post i've received alot of feedback on and it makes me feel very welcome!
  16. TreyAllDay

    How do I keep my employer from claiming ownership of my business?

    Thanks for the advice
  17. TreyAllDay

    How do I keep my employer from claiming ownership of my business?

    Okay, so the situation is a bit complicated. I would love some advice from anyone who has been through this before or knows how to protect yourself from these situations. I'll try to keep explanation simple. So, I am a 25 year old Marketing Manager with a nation wide tire distributor, but I...
  18. TreyAllDay

    To what extent should I gauge the need for my product?

    Would also be curious to hear how much time to spend on this step and when to know it's time to move forward
  19. TreyAllDay

    To what extent should I gauge the need for my product?

    Hello All! I wanted to quickly introduce myself and also get your opinion on a strategy I heard MJ talk about in an interview and have heard from other entrepreneurs. So, about me- My name is Trey, I'm 25 from Alberta Canada. Since I was 19 I've worked in marketing (after getting a 2 year...
  20. TreyAllDay

    Can your fastlane business violate the commandment of time?

    EXECUTION 
    And I obviously have many ways to make it better and add value over the other options who provide services like this.

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