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  1. Darkside

    New York apartment sells for a record $88 million

    REAL ESTATE 
    Manhattan real estate is out of whack because of the proximity to Wall Street. That apartment would be worth about $1-$10 million in most other cities, but because it's in Manhattan, it sells for far higher.
  2. Darkside

    When did you take the Red pill?

    EXECUTION 
    That's the big one for me. I absolutely can't stand being told what to do. I'd rather be earning 30,000 a year running my own business than earning 300,000 a year working for someone else. That might seem crazy to some, but I've always had a resistance to authority; ever since I was a child.
  3. Darkside

    Another thread about pro athletes & their lack of handling money

    The skills that get a professional athlete to the level where they're making millions are not the same skills that can help them keep that money or grow it. This is why all college athletes should take courses on money management and investing.
  4. Darkside

    Restaurant start up costs, sales and ongoing expenses

    I actually have a lot of experience in this area as a few years ago my brother opened up a restaurant and I helped him out with it until he closed it down after a year. He made practically every beginners mistake that you can make, starting from not negotiating the price of the lease. The...
  5. Darkside

    SUCCESS STORY: Five Hour Energy (Manoj Bhargava)

    EXECUTION 
    Sorry for the language, but this guy comes across as a real douchebag; there isn't an ounce of humility in him: His obsession with showing off about how much money he has: His obsession with proving how smart he is, like anyone cares: His obsession with proving how charitable he is...
  6. Darkside

    How long would 80-Million dollars last YOU?

    HOT! 
    I think 4 lifetimes makes sense. So, divided 4 ways, that would mean 20 million for each lifetime. You could buy a nice house for $1-$5 million, use $5 to pay off your property taxes and any other expenses that come up through your life like buying cars, jewelry, etc., and use the remaining...
  7. Darkside

    How long would 80-Million dollars last YOU?

    HOT! 
    I think he lost his wealth on gambling, which is how many professional athletes lose their wealth as well. It's one thing to make a small sports bet among your friends, but any wealthy person who regularly goes to casinos is just throwing money away. The house always wins because the odds are...
  8. Darkside

    Artist Makes Millions thx to Facebook

    EXECUTION 
    Yes. I agree. It's one thing to give up equity in return for capital to help grow your business; it's a completely different thing to give up equity for unnecessary things like artwork. This is one of the reasons why younger entrepreneurs tend to lose control of their businesses; they give...
  9. Darkside

    True LINspiration! Where Luck meets Opportunity + Preparation.

    His story serves as a perfect fastlane example. People who aren't aware of the hard work that it takes to be as good as he is, just assume that he got lucky. While luck is involved in all great success stories to a certain extent, it wouldn't have done Jeremy Lin any good if he hadn't been...
  10. Darkside

    Cold Calling

    Generally, when you call large businesses or colleges/universities, there's a large beauracracy that you have to go through to get to someone who can actually make the decision to go with your product, and usually those people won't take phone calls from people that they don't know, so their...
  11. Darkside

    Launching a website without having trademarked it

    WEB/DIGITAL 
    I understand where you're coming from. In the past I've always launched first then if the website didn't take off I wouldn't need to waste money on a trademark, like you suggested. However, I want to license my website URL/name to another business in the same industry that has all the right...
  12. Darkside

    Launching a website without having trademarked it

    WEB/DIGITAL 
    I had a question about trademarking or copyrighting a website, so I'd appreciate it if anyone who was knowledgeable about the subject contributed. If I register a domain name and build a site, but don't currently have the money to trademark it, should I wait to launch it until I have the money...
  13. Darkside

    Creativity... Stroke of luck or Habit?

    OFF-TOPIC 
    It's true that Einstein would not have been able to come up with genius ideas in other fields if he didn't put enough time into learning about them. So, that's where the interest comes in; whatever you are interested in will be what you tend to spend more time on, and therefore more likely to...
  14. Darkside

    Creativity... Stroke of luck or Habit?

    OFF-TOPIC 
    Creativity is mostly due to genes in my opinion. Some people will perform brilliantly on a task if you tell them what's required of them. However, the moment that you tell them to innovate, they struggle. They're the type that tends to do well in school because there's not a lot of creativity...
  15. Darkside

    Testing the Waters before Jumping In

    Yes. If you are successful, there will be copy cat businesses. However, the copy cats don't usually show up that quickly, so you can do a test first to see if it's a viable business, then devote more resources if need be.
  16. Darkside

    Paying employees on interest?

    That, and also he would be better off investing that money to help the company grow it's revenues through advertising and other such methods. Imagine what he could do with 1 million in google adwords! That would bring him like 800,000 new customers, who if they paid just $10 each would bring...
  17. Darkside

    Impacting millions, unable to make a profit?

    You hit the nail right on the head. It's not about getting millions of visitors to your site; it's about monetizing them. Sites like Digg have a hard time being profitable because all of those visitors come with a bandwidth cost and the only way they can make money is through sponsored...
  18. Darkside

    I need to make $3,000 in less than 2 weeks.

    WEB/DIGITAL 
    I need to make $3,000 in less than 2 weeks in order for my idea to get off the ground. Are there ways that I can get cash like that in such a short amount of time? I tried going to craigslist to do various computer related jobs but most people either don't answer back or give unreasonable...
  19. Darkside

    World's Funniest Salesman

    FUNNY 
    Same. I like to encourage young salesmen and sales women, because sales techniques are important to become a successful business owner. Almost every aspect of life involves being able to convince someone to do something for us; sales just involves the exchange of money for goods but in general...
  20. Darkside

    Lambo test drive FAIL!

    OFF-TOPIC 
    If you're wealthy enough to buy one, you should be wealthy enough to pay for lessons. Lots of rich people don't know how to drive those cars but learn through paid training; taking it out to a race track, etc. Just think of the average 20 something professional athlete who suddenly has...

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